With its takeover of Engen Petroleum, the fuel distributor clinched 2024’s most consequential deal, positioning itself to ...

Engen, South Africa’s largest petroleum and convenience services company and a member of the Vivo Energy Group, is proud to announce the launch of its first-ever Employee Share Ownership Plan ...

Zambia is turning to Nigeria’s Dangote Oil in a bid to secure affordable fuel and ease skyrocketing prices ahead of next year ...

Namibia's energy sector is gaining momentum following major offshore oil and gas discoveries. The country is on track to become Africa's 5th largest ...

The South African Sugar Association (Sasa) says it is in talks with Engen Petroleum to repurpose its refinery at the South Durban Basin for bioethanol production for fuel blending, which is part ...

Petronas was a major shareholder of Engen until May last year when it completed the sale of its 74% stake to British downstream petroleum company Vivo Energy. Despite higher sales volumes ...

Engen, South Africa’s largest petroleum and convenience services company, announced in a statement on Sunday the launch of its first-ever Employee Share Ownership Plan (ESOP). Engen said that ...

It sold 247.8 million barrels of petroleum products in 2024 ... impacted by Petronas’ divestment of its 74 percent stake in Engen Group to Switzerland-based Dutch commodities trader Vitol ...

Revenue declined to RM146.4bil, in line with lower average realised prices largely from petroleum products, and the divestment of Engen Group, it said. “The steady results were delivered on the ...

The company attributed the weaker performance to lower average realised prices of petroleum products and ... in South Africa’s energy group Engen Group Ltd in May 2024, which had a negative ...

Vitol Group, the world's largest independent oil trader, has submitted an application to acquire PDV Holdings Inc., the parent company of Citgo Petroleum Corp., which ... the company has invested in ...