Rigzone7d
Shell, Thebe Near $1B South Africa Oil Asset Sales Pact
Shell and BP Plc jointly owned Sapref, South Africa’s largest oil refinery, and sold it for a symbolic 1 rand (five US cents) ...
akm11d
BP and Shell sell Sapref plant in South Africa to SOC
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 ...
Africa Energy Bank targets mid-year launch with South Africa indicating interest
The proposed Africa Energy Bank, which aims to fund oil and gas projects across the continent, is set to start operations by mid-year this year, with South Africa also indicating interest to join, an ...
BBC22d
BP to cut 4,700 jobs to reduce costs
Oil giant BP is to cut about 4,700 staff, more than 5% of its total workforce, as part of its plans to cut costs. The British firm, which has a global workforce of about 90,000 people, confirmed ...