Also known as: Vivo Energy Namibia Limited
Fuel retailer whose 52 service stations were acquired by Nasan Energies in 2026, subject to competition regulation.
Key points drawn from coverage. Tap a point to see the original sentence.
The Namibian
Vivo Energy was the previous owner with pay on load-over-load payment model
“Retailers had agreements with Vivo Energy, the previous owner, that they would pay on a "load-over-load" model, meaning that they pay after the fuel is delivered.”
Fuel shortages hit Nasan service stationsThe Namibian
Vivo Energy stated will cease fuel supply to divestment sites as of 27 May 2026
“With effect from 27 May 2026, Vivo Energy and Engen will no longer supply any of the divestment sites.”
Nasan ‘forces’ clients into prepaid contractsThe Namibian
Vivo Energy sold 52 service stations (Engen and Shell-branded) to Nasan Energies
“The service stations involved are Engen and Shell-branded and located throughout the country.”
Nasan Energies to become Namibia’s third-largest fuel retailer after Vivo Energy service station acquisitionNew Era
Vivo Energy completed the purchase of Engen Limited from Petronas in 2024
“In 2024, Vivo Energy completed the purchase of Engen Limited from Petronas, which included the Engen Namibia business.”
Vivo Energy service stations deal under scrutinyThe Namibian
Vivo Energy is hosting Corporate Golf Day at Windhoek Country Club and resort
“Thursday Vivo Energy's Corporate Golf Day is taking place today at Windhoek Country Club and resort from 11h00.”
Summer events you must know aboutThe Namibian
Vivo Energy launches Windhoek Marathon
“The debut Vivo Energy Windhoek Marathon will consist of the full marathon, half-marathon, 10km and 5km categories.”
Vivo Energy launches Windhoek marathonThe 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.
5 hours ago · Windhoek Observer →
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.
5 hours ago · 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.
16 hours ago · 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 →
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 →
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 →
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 →
Motorists queued at service stations across Namibia yesterday to fill up before fuel prices rise by N$2.50 per litre for petrol and N$4 per litre for diesel on 1 April, prompting panic buying, hoarding, and complaints that wholesalers are withholding contracted supplies to profit from higher prices. The government says sufficient stocks exist and has reduced levies by 50%, but restrictions on bulk purchases by retailers like Agra are disrupting farming operations.
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 →
Namibia's National Oil Storage Facility, a N$6.5 billion investment in Walvis Bay designed to hold 75 million litres of fuel, is undergoing policy reforms to establish market-related tariffs and attract local entrepreneurs to its storage capacity. The facility aims to balance its role as a strategic energy buffer against global supply disruptions with expanded commercial participation and improved operational sustainability.
27 March 2026 · New Era →
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 →
As global oil prices surge amid geopolitical instability in the Middle East, Namibia's National Oil Storage Facility provides strategic defence against supply disruptions and fuel price volatility. With 75 million litres capacity and three months of strategic reserves, the facility operated by Namcor centralises fuel imports and distribution while the National Energy Fund cushions consumers from rising global prices.
18 March 2026 · New Era →
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 →
Soaring international oil prices and Middle East tensions threaten to drive Namibian fuel prices to unprecedented heights in April, with the country's three-month fuel reserves and limited storage capacity posing supply challenges. Government officials and industry experts warn that while Namibia has sufficient reserves for 2–3 months, the country's infrastructure constraints and reliance on Middle Eastern oil through the Strait of Hormuz leave it vulnerable to supply disruptions, prompting authorities to explore alternative fuel sources and taxi associations to plan 10–12% fare increases.
12 March 2026 · The Namibian →
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 →
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 →
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 →
The Namibian Competition Commission is holding a conference this week in Windhoek to gather input on the proposed sale of over 50 service stations operated by Vivo Energy and Engen to Nasan Energies. The divestiture is a regulatory condition imposed when Vivo Energy acquired Engen, requiring some operations be sold to Namibian-owned companies with no prior ties to the merging parties.
16 February 2026 · New Era →