Craig Morkel, chairperson of the Gas Economy Leadership Team at the SA Oil and Gas Alliance (Saoga) said the CEF will have to look for a private partner to help them manage the Sapref refinery.

The deal includes shares of BP and Shell in the amount of 50% shares each in a land plot owned by Sapref (Pty) Ltd., and other assets, including crude oil and finished product tanks, process plants, ...

Shell and BP Plc jointly owned Sapref, South Africa’s largest oil refinery, and sold it for a symbolic 1 rand (five US cents) to the state-owned Central Energy Fund after the oil majors stopped ...

Shell and BP Plc jointly owned Sapref, South Africa’s largest oil refinery, and sold it for a symbolic R1 to the state-owned Central Energy Fund after the oil majors stopped processing there in ...