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 ...

The largest refinery in South Africa, located in Durban on the east coast, is jointly owned by Shell and BP Plc’s southern African unit. In 2022, the 180,000 barrel-a-day facility, which was ...

ADNOC and Gunvor Group are among the leading contenders to acquire Shell’s downstream assets in South Africa, according to ...

It has been inactive since 2022 following a joint decision with bp to freeze ... its Singapore refinery and petrochemical complex. "Shell to exit downstream businesses in South Africa, Malaysia ...

Profit attributable to shareholders fell to $4.8 billion from $7.4 billion in the first quarter of 2024, Shell said in an ...

Several former traders from oil major Shell have set up trading house Atmin, backed by Afreximbank, to focus on African oil ...

Shell itself sold South Africa’s largest refinery to the State-owned Central Energy Fund after the oil major had stopped processing there in 2022.

Shell CEO said on Friday he would rather buy back more of his company's own shares than launch a takeover bid for rival oil ...

Shell itself sold South Africa’s largest refinery to the state-owned Central Energy Fund after the oil major had stopped processing there in 2022.

BP's profits fell by 48% in the first quarter as the struggling energy company eyes more cuts. The London-based energy giant, which counts the BP Whiting Refinery on the Lake Michigan lakeshore as its ...

Two sources familiar with this development say that several former Shell traders have established the trading house Atmin, ...