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Namibian press · Organization

Vitol

Also known as: Vitol SA · Vitol Holdings · Vitol group

Vitol — energy company and parent of Vivo Energy, involved in Namibian fuel sourcing and competition disputes.

2023-03-262026-05-20

In coverage

Verbatim sentences from the source article.

  1. May 2026
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  3. March 2026
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  5. March 2023
Business

Nasan Energies appeals NaCC fuel sourcing ban through legal review

The News

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

Yesterday

  1. Nasan Energies appeals NaCC fuel sourcing ban through legal review

    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

Thursday 2 April

  1. Nasan Energies appeals five-year fuel sourcing ban from Vitol

    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

Tuesday 24 March

  1. Walvis Bay benefits from global shipping route changes avoiding Middle East

    Shipping lines including Maersk, Hapag-Lloyd, and CMA CGM are rerouting vessels around the Cape of Good Hope to avoid Middle East conflicts, increasing demand for maritime fuel at Namibian ports like Walvis Bay and Lüderitz as key bunkering hubs along Africa's coastline.

    24 March 2026 · Informanté

Sunday 22 March

  1. Nasan Energies becomes third-largest fuel retailer after acquisition approval

    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

Thursday 19 March

  1. Nasan Energies approved to buy 53 service stations from Vivo Energy

    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

Monday 2 March

  1. Opposition leader alleges presidential family controls petroleum value chain

    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

Thursday 26 February

  1. President's sons deny oil industry involvement, reject Itula claims

    President Nandi-Ndaitwah's two sons have rejected opposition leader Panduleni Itula's allegations that they are involved in Namibia's oil sector through their private businesses. The brothers, who operate a farming business and a logistics company respectively, issued a detailed rebuttal denying any interest in oil and characterizing Itula's claims as lies intended to discredit the first family.

    26 February 2026 · The Namibian

Wednesday 25 February

  1. President challenges Itula to prove oil sector family links

    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

Thursday 19 February

  1. Nasan-Vivo merger raises monopoly fears amid Vitol links

    The Namibian Competition Commission is investigating whether Nasan Energies' acquisition of 53 service stations from Vivo Energy violates divestiture conditions meant to prevent market dominance, citing alleged connections between Nasan co-founder Miguel Hamutenya and Vitol, Vivo's major shareholder. NaCC preliminary findings warn the deal could result in a combined market share of about 70%, contrary to the regulator's requirement that the buyer be independent with less than 10% market share.

    19 February 2026 · The Namibian

Vitol — Namibian press coverage · Namibia Minute