{"id":210248,"date":"2023-02-10T10:15:42","date_gmt":"2023-02-10T02:15:42","guid":{"rendered":"http:\/\/www.namnewsnetwork.org\/?p=210248"},"modified":"2023-02-10T10:15:42","modified_gmt":"2023-02-10T02:15:42","slug":"petronas-announces-a-new-shareholder-in-engen","status":"publish","type":"post","link":"http:\/\/namnewsnetwork.org\/?p=210248","title":{"rendered":"PETRONAS Announces A New Shareholder In Engen"},"content":{"rendered":"\n<p><strong>KUALA LUMPUR,&nbsp;Feb 10 (Bernama) &#8212;<\/strong>&nbsp;PETRONAS has reached an agreement to sell its entire&nbsp;74 per cent interest in Engen Limited to Vivo Energy, one of the largest African fuel retail operators&nbsp;and part of multinational energy company Vitol.<\/p>\n\n\n\n<p>PETRONAS President and Group Chief Executive Officer Datuk Tengku Muhammad Taufik said, \u201cFor almost three decades, Engen has been an important part of the Group\u2019s business portfolio. Recognising the company&#8217;s long and illustrious 140-year history, Engen&#8217;s strength and capabilities have continued to grow as an award-winning, customer-focused market leader in South Africa. While PETRONAS\u2019 decision to step back and reshape its portfolio is driven by evolving business priorities, we fully appreciate Engen&#8217;s potential and acknowledge that this is a necessary move forward to further accelerate its growth. With a strong foundation in place, we believe Vivo Energy will not only maintain sound operations for Engen, but also help steer the company through its next phase of growth.<\/p>\n\n\n\n<p><a href=\"http:\/\/mrem.bernama.com\/viewsm.php?idm=45394\">http:\/\/mrem.bernama.com\/viewsm.php?idm=45394<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>KUALA LUMPUR,&nbsp;Feb 10 (Bernama) &#8212;&nbsp;PETRONAS has reached an agreement to sell its entire&nbsp;74 per cent interest in Engen Limited to Vivo Energy, one of the largest African fuel retail operators&nbsp;and part of multinational energy company Vitol. PETRONAS President and Group Chief Executive Officer Datuk Tengku Muhammad Taufik said, \u201cFor almost three decades, Engen has been [&hellip;]<\/p>\n","protected":false},"author":14,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[315],"tags":[],"_links":{"self":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts\/210248"}],"collection":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=210248"}],"version-history":[{"count":1,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts\/210248\/revisions"}],"predecessor-version":[{"id":210249,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts\/210248\/revisions\/210249"}],"wp:attachment":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=210248"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=210248"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=210248"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}