KenolKobil on Tuesday announced the acquisition of Phoenix Uganda Petroleum Ltd.

The assets acquired consist of a 1,800 metric tonne fuel terminal, a modern three storey office block and three service stations in Kampala.

"KenolKobil will use its new high volume depot in Jinja to provide services to to other marketers in the country as well as position it for Black Oils storage once the anticipated Eldoret-Jinja-Kampala pipeline is developed," the firm said in a statement.

In 2009, KenolKobil expanded its footprint in East Africa by entering Burundi (http://www.nation.co.ke/business/news/-/1006/669710/-/ifr6ohz/-/index.html) through an acquisition.

The firm bought a 100 per cent stake in Oil Burundi, a top oil marketer, from Engen International Holdings (Mauritius) Limited.

Last year, the firm bought 10.5 per cent of Chevron Corporation’s stake in a Zambian lubricants company (http://www.nation.co.ke/business/news/-/1006/846400/-/hdvxcez/-/index.html).

The acquisition by Kobil Zambia increased its stake in Ndola-based Lublend Ltd to 25.5 per cent from 15 per cent it had acquired from Total Zambia Ltd in 2008.
http://www.nation.co.ke/business/news/KenolKobil%20acquires%20Ugandan%20firm/-/1006/1095490/-/vidhfi/-/index.html

^^kenol keep going :cheers::cheers:

^^kenol keep going :cheers::cheers:

^^
I think you meant Kobil. :lol:

I can bet you will never find a Kenol petrol station outside Kenya though Kobil stations are virtually everywhere in the region.