Tag: Fuel Imports

Vitol Group
BusinessHot News

Namibia picks Vitol as sole fuel supplier in strategic energy move

Namibia appoints Vitol as sole fuel supplier for three months, aiming to cut costs, stabilize fuel markets and secure energy supply.

Timilehin Adejumobi Timilehin Adejumobi
Trafigura
BusinessHot News

Trafigura targets stake in South Africa’s Natref refinery

Trafigura, a leading independent global commodities trader, is among a trio of global commodities traders competing for a 36.36% stake in South Africa’s Natref refinery, underscoring renewed international interest in strategic African energy infrastructure. The Singapore-based commodities giant is facing competition from industry rivals Vitol and Glencore as bidding advances for the minority holding in the 108,500-barrel-per-day refinery. The stake…

Timilehin Adejumobi Timilehin Adejumobi
Cyril Ramaphosa SA
Hot NewsBusiness

Why South Africa has surged past Nigeria as Africa’s biggest fuel importer

South Africa overtakes Nigeria in fuel imports as Dangote’s refinery cuts dependence, reshaping Africa’s energy future and boosting Nigeria’s industrial self-sufficiency.

Omokolade Ajayi Omokolade Ajayi