Engen Petroleum
Engen Petroleum is a South African oil company that focuses on the downstream refined petroleum products market and related businesses. The company is a subsidiary of Petronas, the Malaysian national oil company. Engen operates in various African countries and the Indian Ocean Islands.
History[edit | edit source]
Engen Petroleum was established in 1881 as Vacuum Oil, a branch of the American company Standard Oil. In 1954, the company was renamed Mobil Oil Southern Africa. In 1989, Mobil disinvested from South Africa, and the company was acquired by the South African state-owned company Sasol. It was subsequently renamed Engen Petroleum in 1990. In 1998, Petronas acquired a 30% stake in Engen, and by 2000, Petronas had become the majority shareholder.
Operations[edit | edit source]
Engen's core business involves the refining of crude oil, the marketing of petroleum products, and the provision of convenience services. The company operates the Engen Refinery in Durban, which is one of the largest refineries in Africa. Engen's products include petrol, diesel, lubricants, and chemicals.
Retail Network[edit | edit source]
Engen has an extensive retail network of service stations across South Africa and other African countries. These service stations offer a range of products and services, including fuel, lubricants, and convenience store items. Engen's convenience stores are branded as Quickshop.
Commercial and Industrial[edit | edit source]
Engen supplies petroleum products to various commercial and industrial sectors, including mining, agriculture, and manufacturing. The company also provides aviation fuel to airlines and operates a marine business that supplies fuel to ships.
Environmental and Social Responsibility[edit | edit source]
Engen is committed to sustainable development and has implemented various initiatives to reduce its environmental impact. The company invests in cleaner technologies and promotes energy efficiency. Engen also engages in social responsibility programs, focusing on education, health, and community development.
See Also[edit | edit source]
Related Pages[edit | edit source]
- Petroleum industry in South Africa
- List of oil refineries
- Energy in South Africa
- Economy of South Africa
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Contributors: Prab R. Tumpati, MD
