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Friday, December 10, 2010

Engen Petroleum Ltd Acquired Chevron Corp.'s assets in Africa

Malaysian Stateoil Petronas subsidiary, Engen Petroleum Ltd. has just reportedly completed acquisition of Chevron assets in Malawi, Zambia and the French territory of Reunion. Engen Petroleum which operates South Africa’s largest fuel retailer is also in stage of getting regulatory approval to buy Chevron’s assets in Zimbabwe, Mozambique, Tanzania and Mauritius in 2011.

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I am a chemical engineer who now work as a strategist for a petrochemical oil and gas company by keeping abreast of latest market outlook, technology, new petrochemical plants, product development and news on petchem industry. I like to share with others on my experience for chemical engineering society.

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