Rubis revenues surge to Sh132 billion during last year

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Rubis Petroleum Station on Koinange Street, Nairobi County in this picture taken on April 13, 2023. PHOTO | DENNIS ONSONGO | NMG

French oil multinational Rubis made Sh132 billion in revenues from its Kenyan operation last year as the firm recorded the highest growth in sales among the top three oil majors locally.

Financial disclosures show that this was a 44 percent jump from Sh91.7 billion made two years ago amid stiff competition from its rival TotalEnergies Marketing Kenya and the dominant Vivo Energy.

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Note: The results are not exact but very close to the actual.