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

Sapref continues to meet the needs of the two companies through imported fuel. In 2022, South Africa's Central Energy Fund became interested in the Sapref plant, which has a production capacity of 180 ...

A deal for Shell’s downstream assets would follow the sale of Petroliam Nasional Bhd’s 74% stake in Engen Ltd., South Africa’s biggest gas-station chain, to a unit of trading house Vitol Group in 2023 ...