Shell and BP Plc jointly owned Sapref, South Africa’s largest oil refinery, and sold it for a symbolic 1 rand (five US cents) ...

The Astron Energy Refinery in Cape Town plays a key role in ensuring security of supply for South Africa, as well as ...

Aliko Dangote's net worth continues to drop while his rival Johann Rupert amasses more wealth to cement his position as the ...

Africa’s wealthiest are shaping not only their industries but also the continent’s economic and cultural landscape, showing that success on the global stage can emerge from the uniquely African blend ...

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, ...

SINGAPORE, (Reuters) - Up to 10% of China's oil refining capacity faces closure in the next ten years as an earlier-than-expected peak in Chinese fuel demand crushes margins and Beijing's drive to ...

The BRPs said they were focusing on the alternative transaction in accordance with the Plan, which contemplates the sale of ...

In its latest monthly report for January 2025, released on Wednesday, the organisation also pointed at the 650,000-barrel per day Dangote Refinery ... by and about Africa - aggregating, producing ...

Ingevity said it plans to exit its performance chemicals industrial specialties product line as well as one of its refineries in South Carolina ... crude tall oil refinery. Ingevity said that ...

The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations ...