Also known as: Nasan · the acquiring group · NASAN Energies (Pty) Ltd
Local fuel retailer acquiring 52 Engen and Shell-branded service stations from Vivo Energy, becoming Namibia's third-largest fuel retailer subject to competition conditions.
The Namibian Competition Commission approved Nasan Energies' acquisition of 52 service stations but barred the company from sourcing fuel from Vitol for five years to prevent monopoly concentration. Nasan has appealed the restriction and notified the energy minister of its intention to seek a review of the commission's conditions.
2 April 2026 · The Namibian →
The Namibian Competition Commission approved Nasan Energies' acquisition of 52 service stations but barred the company from sourcing fuel from Vitol for five years to prevent monopoly concentration. Nasan has appealed the restriction and notified the energy minister of its intention to seek a review of the commission's conditions.
2 April 2026 · The Namibian →
The Namibia Competition Commission has approved NASAN Energies' acquisition of 52 Engen and Shell-branded fuel service stations from Vivo Energy Namibia, positioning the local oil marketing company as the country's third-largest fuel retailer. The company plans to rebrand the stations and prioritise local suppliers as it implements the transaction.
25 March 2026 · Informanté →
The locally owned Nasan Energies has received approval from the Namibia Competition Commission to purchase 52 fuel service stations (operating under Engen and Shell brands) from Vivo Energy Namibia. Upon completion, the company will become Namibia's third-largest fuel retailer and aims to boost local ownership in a sector historically dominated by foreign operators.
23 March 2026 · New Era →
The Namibian Competition Commission has approved Nasan Energies' acquisition of 52 Engen and Shell-branded service stations from Vivo Energy, positioning Nasan as the country's third-largest fuel retailer. The purchase was conditional on divestment to prevent monopolistic control, following concerns about potential connections between Nasan's co-founder Miguel Hamutenya and Vivo's parent company Vitol.
22 March 2026 · The Namibian →
The Namibian Competition Commission has approved Nasan Energies, co-founded by Miguel Hamutenya, to acquire 53 service stations from Vivo Energy/Engen. The approval comes despite earlier objections over potential monopoly concerns related to possible ties between Nasan and Vitol, Vivo Energy's parent company.
19 March 2026 · The Namibian →
Nasan Energies is in final stages of acquiring 52 business units from Vivo Energy and Engen Namibia, a regulatory-mandated divestiture intended to increase market competition. The company has completed its retail identity, implemented new operational systems, and secured fuel supply contracts ahead of the Namibian Competition Commission's final decision.
18 March 2026 · The Namibian →
The Namibia Youth Energy Forum says local ownership in Namibia's oil, gas and green hydrogen industries should be seen as a strength, not a threat, and supports inclusive youth participation. The forum backs Nasan Energies' acquisition of 52 service stations as a step toward increasing Namibian participation in the downstream fuel sector.
2 March 2026 · The Namibian →
Panduleni Itula, leader of the Independent Patriots for Change, presented evidence he says shows the president's family members hold interests across the oil and gas sector—including the president's son operating a diesel distribution business at Lüderitz port and the first gentleman serving as patron of a petroleum industry forum—and called on Parliament to reject a petroleum amendment bill that would transfer licensing authority to the Presidency.
2 March 2026 · The Namibian →
President Nandi-Ndaitwah has challenged Independent Patriots for Change leader Panduleni Itula to provide empirical evidence linking her family to Namibia's upstream oil sector, reiterating her denial of direct or indirect interests. Itula held his third oil-related press conference in less than three weeks, presenting what he termed documented evidence of a systematic network involving the president's sons and husband across the petroleum value chain, including fuel imports, distribution, and investments.
25 February 2026 · New Era →
Local energy company Nasan Energies has reached the final stages of acquiring 52 service stations from Vivo Energy and Engen Namibia, following a Namibia Competition Commission stakeholders' conference in Windhoek. Interested parties have 30 days to submit data before a final decision is made on the transaction, which would make Nasan the third-largest player in Namibia's retail fuel market.
23 February 2026 · New Era →