Competition Tribunal approves Glencore-Chevron merger

2019-03-16 11:59

The Competition Tribunal has approved the merger between Glencore South Africa Oil Investment and the local division of Chevron.

Glencore said to be near R12.78bn deal for Chevron's Cape Town refinery, other assets

2018-05-21 14:34

Switzerland based miner and trader is close to a deal to buy Chevron's southern African assets, according to three people familiar with the matter.

Glencore said to mull bid for Chevron's South Africa assets

2017-09-29 18:13

Glencore is among companies considering bidding for Chevron's South African assets, according to two people familiar with the matter.

Criminal charges in the pipeline for fuel fund execs - minister

2017-05-30 13:00

Energy Minister Mmamoloko Kubayi says her department's probe into the Strategic Fuel Fund's attempts to buy assets in the country from Chevron is heading for criminal action.

China firm to buy Chevron SA assets

2017-03-22 20:14

China Petroleum & Chemical Corp. agreed to buy Chevron's South African assets for about $900m as part of its plan to expand in international markets.

New twist in sale of Chevron's SA assets after fuel fund saga

2017-01-05 07:54

An oil trader group is suing Cerberus Capital Management, alleging the firm is refusing to pay its share of costs incurred when they made a failed R8.8bn bid for Chevron in SA.

Nigerian protesters storm Chevron facility

2016-08-11 12:00

Hundreds of protesters stormed a Nigerian facility owned by Chevron demanding better jobs and forcing staff to be airlifted out, community leaders said.

Weak refining profits add to woes at Exxon, Chevron

2016-07-29 19:39

US oil giants ExxonMobil and Chevron have reported another bruising round of results, with a glut of gasoline and other refined products.

Sasol mulling bid for Chevron assets

2016-07-01 16:31

Sasol is “assessing the opportunity" of making an offer for Chevron’s assets, which the Strategic Fuel Fund has also expressed interest in buying.

Energy Dept to probe fuel fund’s interest in buying Chevron

2016-06-30 14:37

Energy Minister Tina Joemat-Peterson will investigate why the Strategic Fuel Fund has expressed interest in buying Chevron’s assets without her consent, says her department.


Glencore, black owners said to be sole partners in Chevron deal

2018-06-06 13:36

Glencore and a black-investor group are reportedly the only partners in a potential $1bn deal to buy Chevron’s southern African assets.

PIC said to mull backing bid for Chevron's SA unit

2017-10-11 20:15

The Public Investment Corporation is interested in taking part in the acquisition by Glencore and a group of black South African-owned companies of Chevron's assets in South Africa, according to three people familiar with the matter.

Kuwait battles oil spill in Persian Gulf waters

2017-08-13 18:03

Kuwait says an oil spill has struck its waters in the Persian Gulf.

Women will boost the economy

2017-03-26 12:51

Lerato Motsamai started Petrolink, and then Girlignite to empower girls in poor communities, both in spite of financial difficulties, writes Penelope Shandlale.

Nigerian state seeks to move oil firms to troubled Niger delta

2017-03-11 21:31

Nigeria's southern oil-rich Rivers state has backed a government call for major oil companies to move their offices to the Niger delta region, as part of measures to stem unrest in the oil-rich area.

Demonstration against Chevron in Nigeria widens

2016-08-15 19:49

Protesters have blocked the gate to offices of US oil company Chevron in Nigeria's Niger Delta, widening a week-long demonstration to demand jobs and housing.

Nowhere to hide for oil giants from doomsday market

2016-07-31 11:01

Oil prices, natural gas, refining, it all looks very bad right now, says an analyst of the persistent supply overhang that's threatening to tip crude into yet another bear market.

Strategic Fuel Fund CEO resigns after Chevron bid

2016-07-03 09:34

The Strategic Fuel Fund's chairperson and acting chief executive have stepped down, following the fund's unauthorised bid to buy Chevron's assets.

Chevron deadline nears for $40bn bet on oil

2016-07-01 10:00

Chevron may shortly give a green light to the most expensive oil project in the world this year as the industry digs out from the worst slump in a generation.

Strategic Fuel Fund's bid for Chevron assets not approved - DoE

2016-06-30 13:17

The Department of Energy says the Strategic Fuel Fund has not been cleared to make an offer to buy 75% of Chevron's refinery and other downstream assets.

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