Petroliam Nasional BHd and its South African partners plan to conduct an initial public offering in their fuel retailer Engen to fund the upgrade of a refinery in the coastal city of Durban and to expand its network of gas stations.

For more information, please see https://www.iol.co.za/business-report/companies/ipo-for-sa-fuel-giant-engen-planned-for-2020-33867111