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 ...

BP Plc plans to sell oil refining and chemical assets in Germany, as the company scales back operations in the country due to ...

The Dangote refinery in Nigeria, Africa's largest, is nearing full operational capacity, which is expected to transform the ...

(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.

Shell and BP Plc jointly owned Sapref, South Africa’s largest oil refinery, and sold it for a symbolic R1 (five US cents) to the state-owned Central Energy Fund after the oil majors stopped processing ...

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 ...

Experts have weighed in on how the Central Energy Fund (CEF) will handle operations at Sapref, including funding and private partner options. Last week, Minister of Mineral Resources and Energy ...

In a January trading update, BP flagged higher corporate costs, lower fourth-quarter realized refining margins and ... week — compared with 6% gains for Shell. The stock gained ground on Monday ...

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 ...

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 ...