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Total to Launch a Fuel Retail Network with Sonangol in Angola

Total has agreed to develop joint activities in the downstream petroleum sector in Angola, with national company Sonangol. Already long-term partners in the upstream business, the two companies have decided to establish a Joint Venture company to develop a common retail and distribution activity in the country, the fourth largest market in sub-Saharan Africa.

Leading South Africa B-BBEE petroleum company Masana brings on new investors to the table

Masana Petroleum Solutions has completed a transaction with a new Broad Based Black Economic Empowerment (B-BBEE) consortium that will see the new partners acquire a 35% stake in the business after two of its founding shareholders exercised their right to realise their value in the company.

Engen Powers Construction of Reunion’s €1.6bn Highway Over the Sea

Engen, the energy multinational, has won a 960 000 tender to provide fuel to the mega construction project to build Reunion’s New La Nouvelle Route du Littora, a 12km long “highway over the sea” that will connect the island’s two biggest cities – Saint Denis and La Possession - as well as the Port and Roland Garros Airport, on its completion in 2018.

Equatorial Guinea Expands Scope of Major Crude Oil and Petroleum Tank Farm Project

The Ministry of Mines, Industry and Energy, representing the Government of Equatorial Guinea, announced today that it has signed a Memorandum of Understanding with three companies to build a crude oil and petroleum products storage tank farm on Bioko Island, Equatorial Guinea.

Competition Commission raids offices of Liquefied Petroleum Gas suppliers

Today, 14 October 2015, the Commission is conducting a search and seizure (dawn raid) operation at the premises of African Oxygen Limited, Oryx Oil South Africa (Pty) Ltd, EasiGas (Pty) Ltd and the Liquefied Petroleum Gas Safety Association of Southern Africa (LPG Association) in Gauteng and Kaya

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