Also known as: NASAN Energies (Pty) Ltd · Renthia Kaimbi Nasan Energies
Nasan Energies — oil marketing company that acquired 52 service stations from Vivo Energy and Engen, rebranding them across Namibia.
News reports
Order a long-term news report on Nasan Energies
Every mention in the Namibian press over the period you choose, compiled as a PDF or Word document.
Key points drawn from coverage. Tap a point to see the original sentence.
The Namibian
Nasan Energies is set to become Namibia's third-largest fuel retailer
“Nasan Energies is set to become the third-largest fuel retailer in Namibia after the competition commission approved the acquisition of 52 service stations from Vivo Energy.”
Nasan Energies to become Namibia’s third-largest fuel retailer after Vivo Energy service station acquisitionThe Namibian
Nasan Energies has been given the green light by the Namibian Competition Commission to buy 53 service stations in Namibia
“Nasan Energies, co-founded by Miguel Hamutenya, has been given the green light by the Namibian Competition Commission (NaCC) to buy 53 service stations in Namibia.”
Hamutenya’s Nasan wins approval to acquire 53 service stationsThe Namibian
Nasan Energies denied any connections between itself and Vivo Energy
“Nasan has denied any connections between itself and Vivo Energy, which the decision of the competition commission seems to confirm.”
Hamutenya’s Nasan wins approval to acquire 53 service stationsThe Namibian
Nasan Energies is entering the final stages of acquiring 52 business units
“Nasan Energies is entering the final stages of acquiring 52 business units, a move that will position the firm to become one of Namibia's first major locally owned oil marketing companies.”
Nasan Energies finalising strategic divestiture acquisitionThe Namibian
Nasan Energies was selected as preferred bidder in September 2025
“Nasan Energies was selected as the preferred bidder in September 2025 following an evaluation of technical expertise and financial proposals.”
Nasan Energies finalising strategic divestiture acquisitionThe Namibian
Nasan Energies is described as a 100% youth-owned, Namibian company
“We strongly support Nasan, because it is a 100% youth-owned, Namibian company.”
‘Local oil and GH2 ownership not a threat’New Era
Nasan Energies has reached the final stages of acquiring 52 service stations operated by Vivo Energy and Engen Namibia
“Local energy company Nasan Energies has reached the final stages of acquiring 52 service stations operated by Vivo Energy and Engen Namibia.”
Nasan service station deal edges closerNew Era
Nasan Energies was selected as the preferred bidder in September 2025 evaluation process
“In September 2025, Nasan Energies and Vivo Energy Namibia underwent an evaluation process that assessed technical expertise and financial proposals, resulting in Nasan Energies being selected as the preferred bidder.”
Nasan service station deal edges closerThe Namibian
Nasan Energies denied claims of a relationship with Vivo Energy
“Nasan Energies has denied claims of a relationship with Vivo Energy after competitors opposing the merger alleged it would create a monopoly rather than eliminate one.”
Nasan Energies merger with Vivo Energy stations raises monopoly concerns in NamibiaNew Era
Nasan Energies was selected as preferred bidder for service stations acquisition
“Following a thorough evaluation process that assessed both technical expertise and financial proposals, Nasan Energies was selected as the preferred bidder.”
Vivo Energy service stations deal under scrutinyThe Namibian Competition Commission's independence is undermined by a legal framework that allows the industries minister to override its decisions, as exemplified by the minister's approval of a cement merger that the commission disapproved and the High Court later rejected.
11 October 2026 · The Namibian →
The Namibian Competition Commission's independence is undermined by a legal framework that allows the industries minister to override its decisions, as exemplified by the minister's approval of a cement merger that the commission disapproved and the High Court later rejected.
11 October 2026 · The Namibian →
Julinho FC has partnered with Millennium and Nasan Energies, which have pledged support for the club and youth development. Club chairperson Miguel Hamutenya said the club's roots remain unchanged and called for more corporate involvement in football.
30 September 2026 · The Namibian →
The Ministry of Industries, Mines and Energy announced that TotalEnergies has been selected as the sole supplier of Namibia's bulk petrol and diesel for November 2026 to January 2027. New oil player Nasan Energies, founded in late 2024 and majority-owned by Millennium Group chief executive Miguel Hamutenya, participated in the bidding round, while state-owned Namcor did not.
23 September 2026 · The Namibian →
Namibia has selected a TotalEnergies-led group to supply bulk petrol and diesel for three months from November to January, covering approximately 345 million litres with expected savings of about N$220.5 million through an average discount of 63.85 cents per litre.
22 September 2026 · Informanté →
Nasan Energies has successfully rebranded 16 former Shell service stations across Namibia in the first phase of its rebranding programme. The company is now moving into phase two, which will focus on transitioning all Engen-branded service stations to the Nasan Energies brand.
15 September 2026 · Windhoek Observer →
The City of Windhoek is launching a new permit system for heavy vehicles over nine tonnes entering the city from 1 September, requiring operators to obtain permits for delivery or authorised purposes and restricting unpermitted vehicles to industrial areas. The city says the system is needed to reduce congestion and road damage caused by rising heavy vehicle traffic.
1 September 2026 · The Namibian →
The Namibia Competition Commission has objected to the proposed acquisition of Schwenk Namibia by West China Cement (Whale Rock Cement), based on stakeholder input and competition law concerns including market concentration.
28 July 2026 · The Namibian →
Namibia's government holds a 24% equity stake in the Hyphen Green Hydrogen Project through the Sovereign Wealth Fund, with its share funded through grants from development partners. The country is also expanding uranium exploration in the Omaheke Region and Nasan Energies has acquired 52 service stations to become Namibia's third-largest oil marketing company.
20 July 2026 · Informanté →
Minister of Industries, Mines and Energy Modestus Amutse has approved the merger between Nasan Energies and the divestiture business from Vivo Energy and Engen Namibia, while suspending enforcement of several conditions imposed by the Namibia Competition Commission. The decision follows a review application by Nasan Energies in April; the merger involved Nasan acquiring 52 Shell and Engen service stations divested as a competition remedy after Vivo Energy acquired Engen's downstream fuel business.
13 July 2026 · Windhoek Observer →
The Independent Patriots for Change has accused the government of weakening fuel-sector competition by suspending restrictions on Nasan Energies sourcing fuel from Vitol. The restrictions were imposed by the Namibian Competition Commission in April over concerns the deal would substantially lessen competition, but line minister Modestus Amutse suspended them under Section 49 of the Competition Act; IPC claims Vitol already controls between 75% and 85% of Namibia's wholesale fuel market.
8 July 2026 · The Namibian →
Namibia's energy minister has suspended competition commission conditions that prohibited Nasan Energies from buying fuel from Vitol for five years following its acquisition of 42 service stations from Vivo Energy in May. The suspension is temporary and attributed to concerns about the state's fuel import costs and the financial strain on the National Energy Fund.
6 July 2026 · The Namibian →
After the Namibian Competition Commission approved Vivo Energy's purchase of Engen Namibia's 52 service stations on condition that a small Namibian player acquire them, dealers say the subsequent sale to Nasan Energies has left them facing contract changes and business risks despite NaCC assurances in February that they would not be worse off.
22 June 2026 · The Namibian →
Energy minister Modestus Amutse told parliament that international oil trader Vitol was selected to supply fuel to Namibia for three months because it required no government guarantees, whereas state oil company Namcor and other bidders needed guarantees the government was unwilling to provide. Vitol will supply fuel at the basic fuel price the government calculates monthly.
10 June 2026 · The Namibian →
Former Namcor acting managing director Maureen Hinda-Mbuende has criticised the government's award of a N$7.2 billion three-month fuel supply contract to Vitol, saying the deal is "counter-productive and monopolistic" and will damage the downstream fuel sector's long-term competitiveness. Hinda-Mbuende claims Namcor offered a cheaper deal and that Vitol's ownership of Shell and Engen service stations creates conflicts of interest that could harm competitors.
9 June 2026 · The Namibian →
The Fuel and Franchise Association of Namibia says Nasan Energies failed to honour verbal promises to extend a cash incentive for fuel retailers ordering in advance and to deliver fuel on time. Nasan had agreed in a Tuesday meeting to extend the 50-cent-per-litre rebate past June until end of August and to offer seven-day credit terms to certain retailers previously supplied by Vivo Energy Namibia Limited.
8 June 2026 · The Namibian →
The Fuel and Franchise Association says Nasan Energies has failed to deliver fuel paid for upfront and has not honoured agreements made with divested retailers. FAFA claims Nasan promised a three-month 'Bring the Cash Incentive' and to honour existing seven-day credit terms, but did not provide written confirmation and has failed to deliver orders within promised timeframes.
8 June 2026 · Windhoek Observer →
Energy Minister Modestus Amutse granted Swiss commodity trader Vitol an exclusive mandate to supply Namibia's entire fuel needs from June to August under a contract valued at an estimated N$2.4 billion a month, raising concerns about fuel sector capture given Vitol's links to individuals connected to politicians and the decision's apparent circumvention of the Competition Commission's conditions on fuel sourcing.
7 June 2026 · The Namibian →
At least four service stations supplied by Nasan Energies have run dry in recent days as logistical, financial and supply issues plague the company's takeover of 52 new stations. Fuel and Franchise Association chairperson Michael Ludeke says retailers are being affected worst financially, particularly due to Nasan's shift from a "load-over-load" payment model to upfront payment for fuel orders.
4 June 2026 · The Namibian →
The Independent Patriots for Change has accused the government of monopolistic tendencies after the Minister of Mines and Energy announced Vitol Bahrain E.C. as Namibia's sole supplier of bulk petroleum products from July to September 2026. The three-month deal is expected to save the country about N$1 billion, though the Namibian Competition Commission earlier found Vitol controlled an estimated 75% to 85% of the intra-wholesale fuel market.
3 June 2026 · Informanté →
Mathews Hamutenya has denied having political connections to State House or involvement in the government's decision to appoint Vitol as Namibia's sole fuel supplier, though his son recently bought 52 service stations and Hamutenya is a partner in a storage facility with Vitol. The Independent Patriots for Change have linked Hamutenya to what they describe as a "conglomerate at the centre of Namibia's petroleum oil takeover."
2 June 2026 · The Namibian →
The Independent Patriots for Change has called on the energy ministry to explain why it awarded international oil trader Vitol a three-month exclusive fuel supply contract without competitive tender. Shadow minister Rodney Cloete questioned the lack of transparency, the full terms of the agreement including pricing, and cited Vitol's 2020 admission of bribery in three countries.
2 June 2026 · The Namibian →
Nasan Energies, which acquired 52 service stations from Vivo Energy, is requiring fuel retailers to pay upfront for fuel rather than the traditional post-delivery payment model. Retailers claim Nasan lacks operational cash flow and is forcing prepaid contracts that differ from the original Vivo agreements.
1 June 2026 · The Namibian →
The Ministry of Industries, Mines and Energy has awarded Vitol an exclusive fuel supply contract for July to September, saying the company's offer to supply fuel at standard price without extra charges or public subsidy distinguished it from other bidders, whose proposals included additional conditions.
1 June 2026 · The Namibian →
The Ministry of Industries, Mines and Energy has directed all fuel companies in Namibia to source petrol and diesel exclusively from Vitol between July and September 2026, citing emergency arrangements and the supplier's willingness to waive financial guarantees. Industry sources report that Vitol fuel is often more expensive than competitors', and the appointment has drawn scrutiny over procurement transparency and Vitol's history of allegations regarding substandard fuel supply.
1 June 2026 · Windhoek Observer →
Vivo Energy Namibia has completed the sale of 52 Engen and Shell-branded service stations to Nasan Energies, fulfilling a regulatory commitment to the Namibian Competition Commission made as a condition of Vivo's May 2024 purchase of Engen Limited from Petronas.
27 May 2026 · The Namibian →
Renthia Kaimbi Nasan Energies has appealed the Namibian Competition Commission's decision blocking the company from sourcing fuel from Vitol and related companies following its acquisition of 52 fuel stations. The company, represented by Ndaitwah Legal Practitioners, argues the conditions are too restrictive and has requested a five-year transitional period to build independent supply arrangements.
19 May 2026 · Windhoek Observer →
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 →