Oil Refineries For Sale | DealStream
Businesses For Sale Petroleum and Coal Products, Refineries Texas Between $8,000,000 and $10,000,000. Project Valve is a Texas-based choke and flow control manufacturer for the oil and gas industry. The company was founded more than 25 years ago. They specialize in chokes of the FMC, Cameron type H2 and Thornhill-Craver profile, which are fully
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With most of SA refineries now offline, companies want ... - News24
That meant, for a range of reasons, all of South Africa¡¯s oil refineries weren¡¯t producing, and highlighted the country¡¯s growing dependence on fuel imports. Temporary relief could come as Astron Energy¡¯s 100,000-barrel-a-day Cape Town refinery, which is majority owned by Glencore Plc, resumes production after rebuilding a section of the plant damaged by an explosion in 2020.
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Phillips 66 puts Alliance, Louisiana refinery up for sale
HOUSTON, Aug 24 (Reuters) - The fourth-largest U.S. refiner Phillips 66 (PSX.N) on Tuesday said it has put the smaller of its two Louisiana refineries up for sale amid continued losses and an
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South Africa set to get major new R147 billion oil refinery
The Central Energy Fund (CEF) has partnered with Saudi Arabia¡¯s Aramco to construct a 300,000 barrel per day crude oil refinery on South Africa¡¯s east coast. South Africa set to get major new
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TotalEnergies Cements Its Position in South Africa¡¯s Offshore Oil Boom
South Africa¡¯s PetroSA is currently pursuing a gas supply agreement with TotalEnergies to connect the French major¡¯s oilfield with PetroSA¡¯s offshore platform. The 45,000 bpd Mossel Bay GTL
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South Africa¡¯s Faces Major Oil Refinery Crisis
By Tsvetana Paraskova - Jan 12, 2021, 12:30 PM CST. Two of South Africa¡¯s four oil refineries are currently offline and expected to restart next year at the earliest, while the other two
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Why all South Africa¡¯s oil refineries closing down could be good news
In the latest round, the two Durban refineries made good on their threats. Engen (Petronas) in 2020, following an explosion and fire, and Sapref (Shell and BP) after its temporary closure during
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Iran to help develop 5 refineries in South Africa: president
Under the agreement, the Iranian Oil Ministry will help to develop five refineries in South Africa by exporting "technical and engineering services," said the statement. Earlier this month, Iran and South Africa convened the 15th session of the Joint Commission of Economic Cooperation in the latter's administrative capital Pretoria, after a three-year hiatus due to the COVID-19 pandemic.
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South Africa: TotalEnergies signs an agreement to divest its minority
Paris, December 1, 2023 ¨C In line with its strategy to divest non-core assets, TotalEnergies has announced the signature of an agreement to divest the 36.36% minority stake, held by TotalEnergies Marketing South Africa, in National Petroleum Refiners of South Africa (Natref) to the Prax Group. The transaction is subject to customary approvals, consents and authorisations.
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South Africa¡¯s largest oil refinery sold for a few cents: will BP
It contributed 35% of South Africa¡¯s refinery capacity and refined 180,000 barrels of imported crude oil per day. It was South Africa¡¯s biggest refinery, until it was temporarily closed in
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BP, Shell divest South Africa refinery stakes to state-owned firm - BizNews
BP Southern Africa (Pty) Ltd. and Shell Downstream South Africa (Pty) Ltd. have reached an agreement to sell their respective 50% stakes in assets held by the nation¡¯s largest refinery to state-owned Central Energy Fund SOC Ltd. The sale includes the oil companies¡¯ interests in the land at SAPREF (Pty) Ltd. and other assets including crude
Get InquiryOil refinery closures, cleaner fuels and security of supply in South Africa
Oil refinery closures, cleaner fuels and security of supply in South Africa. Firefighters putting out a fire at an Engen oil refinery on 4 December 2020 in Durban, South Africa. Gallo Images via
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BP Southern Africa, Shell Downstream to Sell Refinery Assets
By Bloomberg. May 25, 2024. The Sapref South African Petroleum Refinery just outside Durban City. (Bloomberg) -- BP Southern Africa (Pty) Ltd. and Shell Downstream South Africa (Pty) Ltd. have reached an agreement to sell their respective 50% stakes in assets held by the nation¡¯s largest refinery to state-owned Central Energy Fund SOC Ltd.
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Closure of SA oil refineries, shift to clean fuels may boost energy
29 Jul 2022. Follow. 1. The closures of South Africa¡¯s small, old and inefficient refineries are economically painful in the short term. But they also offer the prospect of better outcomes if
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Natref Refinery | TotalEnergies Marketing South Africa (PTY) Ltd
TotalEnergies South Africa owns 36.6% of Natref Refinery. The Natref refinery at Sasolburg was commissioned in 1971 and has been at the cutting edge of refining technology since its inception. Situated inland, the refinery's market for heavy fuel oil was quite limited. As a result, it was designed to get the most out of crude oil and equipped
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Inside the battle to decarbonise the world¡¯s dirtiest refinery
Sasol, which is listed in New York as well as Johannesburg with a market value of about $7.6bn, produces one-third of South Africa¡¯s fuel, exports speciality chemicals worldwide, and employs
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S.Africa's Engen refinery to be converted into a storage terminal
South Africa's oldest crude oil refinery, the 120,000 barrel per day plant operated by Engen (Enref), will be converted into a new storage facility because the refinery is no longer sustainable in
Get InquiryThe buyers are in the building: CEF shows face at Southern Africa's
In the clearest indication yet that the Sapref may be sold rather than closed, the Central Energy Fund (CEF) sent a delegation to the largest oil refinery in southern Africa on Thursday. The site visit by the officials, which included Central Energy Fund Group CEO Ishmael Poolo, comes three weeks ahead of the plant's intended closure.
Get InquiryREFINERY NEWS ROUNDUP: South Africa looks at building new refinery | S
"South Africa needs a new crude oil refinery," he said. "The scale of petroleum product imports and existing capacity in our refineries make it a necessity." Early last year, Saudi Aramco confirmed it was looking to build a new oil refinery and petrochemical plant in South Africa as part of the Kingdom's $10 billion investment there.
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