Your account has been succesfully created.

EN FR

The Morning Brief
Log in

Password

Keep me logged in

Forgot your password?
Subscribe

South Africa
Sparks fly between PetroSA and Gunvor

Because of a dispute over PetroSA's considerable debts to Gunvor, the latter is refusing to deliver new cargo ships. The South African state oil company is nevertheless trying to resolve the situation. [...]

Published on 12/05/2025 at 04:40 GMT

This article may be accessed by subscribers

In order to ensure high-quality and independent journalism, Africa Intelligence relies solely on subscriptions from its readers, with no advertising, no events and no consulting work.

Several offers are available depending on your particular reading needs

Consult our offers

Do you want a free trial before subscribing?

Create your free account

Discover our work by making use of the following possibilities: daily newsletters, a selection of free articles, keyword alerts.

Do you want a free trial before subscribing?

create a free account

Energy, Commodity traders

Set up email notifications for these topics

South Africa
Addax Energy
Gunvor
Nako Energy
PetroSA

In Focus | Namibia
Namibia oil utopia hangs on TotalEnergies' final investment decision

From Windhoek to Walvis Bay, oil industry players are waiting and praying for the French major to bite the bullet on its huge Venus offshore project in Namibia. Politicians, officials and subcontractors are jockeying to secure their slice of the potential pie.

Subscribers only Energy 05.05.2025

South Africa
PetroSA's bad business of petroleum product trading

The cash-strapped PetroSA owes large debts to traders Gunvor, Addax Energy and the South African company Nako Energy, the latter of which is struggling to pay its own bills to the state-owned company.

Free access Energy, Commodity traders 04.04.2025

Spotlight | Africa
Dubai traders Coral Energy and Demex in Washington's sights over sale of Russian oil

The US Office of Foreign Assets Control is investigating several trading firms suspected of selling Russian oil at a price above a cap set by the United States and its allies. They include Demex Trading and Coral Energy, which are particularly involved in Africa.

Subscribers only Energy 14.10.2024

An oil terminal in the Black Sea port of Novorossiisk, Russia, May 2018.

In Focus | Africa
From Dubai to Cape Town, upstart trader Coral Energy rolls out African offensive

Dubai-based Coral Energy has recently made an aggressive entrance on the oil trading market in several sub-Saharan African countries where competitors suspect it of reselling Russian products. Africa Intelligence lifts the veil on this little-known trader.

Subscribers only Energy 20.11.2023

From left to right: Coral's founder, Azerbaijani Tahir Garayev, his compatriot Ahmed Karimov and the head of the Rosneft group, Igor Setchine.

Set up email notifications for these topics

South Africa
Addax Energy
Gunvor
Nako Energy
PetroSA

Once registered, you will be notified by a short message on your computer or mobile phone as soon as a new edition of our publication or an alert is published. Stay informed anytime, anywhere!

Namibia
Namibia oil utopia hangs on TotalEnergies' final investment decision

Nigeria
The latest secrets of a $10bn legal scandal between Abuja and London

South Africa
Sparks fly between PetroSA and Gunvor

This article may be accessed by subscribers

Do you want a free trial before subscribing?

Create your free account

create a free account

Set up email notifications for these topics

In Focus | Namibia
Namibia oil utopia hangs on TotalEnergies' final investment decision

South Africa
PetroSA's bad business of petroleum product trading

Spotlight | Africa
Dubai traders Coral Energy and Demex in Washington's sights over sale of Russian oil

In Focus | Africa
From Dubai to Cape Town, upstart trader Coral Energy rolls out African offensive

Set up email notifications for these topics

About Africa Intelligence

Subscription

Africa Intelligence on social media

Indigo Publications' websites

About Africa Intelligence

Subscription

Indigo Publications' websites

Namibia Namibia oil utopia hangs on TotalEnergies' final investment decision

Nigeria The latest secrets of a $10bn legal scandal between Abuja and London

Cabo Delgado: a gas Eldorado and security nightmare

West African cocoa cartel battles with the traders

Makhzen Inc. or the ever more prosperous business empire of Mohammed VI's entourage

South Africa Sparks fly between PetroSA and Gunvor

This article may be accessed by subscribers

Do you want a free trial before subscribing?

Create your free account

create a free account

Set up email notifications for these topics

In Focus | Namibia Namibia oil utopia hangs on TotalEnergies' final investment decision

South Africa PetroSA's bad business of petroleum product trading

Spotlight | Africa Dubai traders Coral Energy and Demex in Washington's sights over sale of Russian oil

In Focus | Africa From Dubai to Cape Town, upstart trader Coral Energy rolls out African offensive

Set up email notifications for these topics

About Africa Intelligence

Subscription

Africa Intelligence on social media

Indigo Publications' websites

Namibia
Namibia oil utopia hangs on TotalEnergies' final investment decision

Nigeria
The latest secrets of a $10bn legal scandal between Abuja and London

South Africa
Sparks fly between PetroSA and Gunvor

In Focus | Namibia
Namibia oil utopia hangs on TotalEnergies' final investment decision

South Africa
PetroSA's bad business of petroleum product trading

Spotlight | Africa
Dubai traders Coral Energy and Demex in Washington's sights over sale of Russian oil

In Focus | Africa
From Dubai to Cape Town, upstart trader Coral Energy rolls out African offensive