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PetroSA advertised a tender in January looking for a partner willing to invest at least $200-million (R3.7-billion) to refurbish the refinery. Twenty companies submitted bids, but the unusually strict technical criteria meant that 19 of the 20 were eliminated, leaving Gazprombank’s local subsid. ....
amaBhungane | PetroSA pushes for R3.7bn deal with Russia news24.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from news24.com Daily Mail and Mail on Sunday newspapers.
The Middle East region is poised to further bolster its role in the global energy market through robust upstream capabilities and notable capacity expansions, especially in the UAE and Saudi Arabia, says a DMCC report. ....