Total Energies Marketing South Africa is divesting its 36.36 percent minority stake in National Petroleum Refiners of South Africa (Natref) to the Prax Group.
Since the discovery of oil in commercial quantities in 2007, Ghana’s petroleum industry has witnessed remarkable growth.
South Africa is one step closer to having a new entity in charge of petroleum in the country, with a significant merger between PetroSA and other Central Energy Fund (CEF) subsidiaries progressing.
One small-scale miner was killed and four injured as security forces moved to evict them from a concession held by Ghana’s Golden Star Resources.
Malaysia’s national oil and gas company Petronas has reached agreement to sell its entire 74% majority stake in South Africa’s Engen to Vivo Energy, one of the largest African fuel retail operators and part of multinational energy company Vitol.