Bloomberg A unit of Vitol group agreed to acquire Petroliam Nasional Bhd.’s 74% stake in Engen Ltd., South Africa’s largest fuel-station chain, forming a retailer that spans the continent. The acquisition of the controlling stake in Engen from the Malaysian national oil company by Vitol’s Vivo Energy will help the energy trader form a group with 3,900 service stations ...

  Bloomberg China’s state-owned oil majors have stepped up Russian imports in a sign that Beijing is ready to give the go-ahead for more purchases of the country’s crude, according to industry consultants Energy Aspects. PetroChina Co. and CNOOC Ltd. recently resumed imports of waterborne Russian oil, with at least three supertankers of Urals-grade crude signalling China as a destination, ...

Bloomberg Air pollution from coal-fired power plants run by South Africa’s Eskom Holdings SOC risks killing 79,500 people from 2025 until they are due to be shut, according to a study submitted to a panel appointed by the government. The research by the Finland-based Centre for Research on Energy and Clean Air (CREA) assumes that the utility will continue to operate ...