Petronas set to sell Engen with Trafigura and Vitol circling
Malaysian state energy company Petroliam Nasional Bhd (Petronas) has revived its sale of Engen, the largest gas station chain in South Africa. Sources claim that Petronas is working to solicit bids for its controlling stake in the fuel retail business, which could fetch up to $2 billion. Trafigura...