South Africa is preparing to appoint a new chief executive officer of state oil and gas company PetroSA, ending a more than yearlong leadership vacuum, Energy Minister Gwede Mantashe said.
Board Chair of the Ghana National Petroleum Corporation (GNPC), Freddie Blay, has refuted claims of a contract being brokered to sell a 50% stake in Jubilee Holdings Limited to South African oil business, PetroSA, despite the significant revenue this interest has for the state.