Refinex, formerly Energy Oil Oleochemicals, was founded in 1983 and is one of the largest privately owned petrochemical companies in Southern Africa. Our founding CEO is Theo Heerman, who has many years of experience in and knowledge of the oil industry.
Which Durban refineries have made good on their threats?
In the latest round, the two Durban refineries made good on their threats. Engen (Petronas) in 2020, following an explosion and fire, and Sapref (Shell and BP) after its temporary closure during the insurrection in July 2021. Natref appears to be playing a waiting game on the government¡¯s latest deadline, which has been shifted from 2023 to 2027.
Why are oil refineries closed in South Africa?
Refinery closures in South Africa are shots fired in the long running contestation between the oil refiners and the government, which has been trying to introduce cleaner fuels.
Is Natref a surviving oil refinery in South Africa?
Natref is the last surviving oil refinery in South Africa. Three others were closed in the past two years. These refinery closures and the possible permanent closure of the Natref refinery are shots fired in the long running contestation between the oil refiners and the government, which has been trying to introduce cleaner fuels specifications.