BP Southern Africa (Pty) Ltd. and Shell Downstream South Africa (Pty) Ltd. have reached an agreement to sell shares in the assets of the largest oil refinery in South Africa to the state-owned central ...
Shell and its South African partner are close to ending a valuation dispute, paving the way for the sale of the oil giant’s ...
Shell and BP Plc jointly owned Sapref, South Africa’s largest oil refinery, and sold it for a symbolic R1 (five US cents) to ...
South Africa’s state-owned Central ... The fund plans to repair the refinery and increase its capacity. The Sapref sale didn’t include BP and Shell’s terminal at Island View.
Shell will continue supplying South African airports with jet fuel following BP's exit. With the refinery preparing for the shutdown, the overall fuel stock levels at Johannesburg OR Tambo ...
The Dangote refinery in Nigeria, Africa's largest, is nearing full operational capacity, which is expected to transform the ...
PRETORIA - The Competition Commission has approved the acquisition of the South African Petroleum Refineries refinery by the Central Energy Fund. The deal includes Shell Downstream South Africa ...
(Bloomberg) -- South Africa’s state-owned ... The fund plans to repair the refinery and increase its capacity. The Sapref sale didn’t include BP and Shell’s terminal at Island View.
BP is not the only supermajor to warn of lower profits for the fourth quarter, due to weaker trading and falling refining margins. Last week, Shell said it expects its LNG production and trading ...
Global gasoline and diesel demand has fallen short of expectations, while the launch of new oil refineries in Asia and Africa has resulted ... companies including Shell, BP, Chevron and Exxon.
Shell and BP Plc jointly owned Sapref, South Africa’s largest oil refinery, and sold it for a symbolic 1 rand (five US cents) to the state-owned Central Energy Fund after the oil majors stopped ...