Who owns puma energy. Oct 28, 2018 · Puma Energy was based in Singapore.
Who owns puma energy. Chevron Australia Downstream Pty Ltd.
Who owns puma energy Jan 23, 2020 · Sonangol, Angola’s state oil company, owns 28 per cent of Puma and has recently signalled its intention to sell its stake. Caltex, a global brand owned by Chevron, was previously used under an exclusive brand license in Australia. 12. Airports . Trafigura, owns Puma after buying out local Chevron Australia Downstream Pty Ltd. Puma Energy PNG Level 7, PWC Haus, PO Box 169, Port Moresby, 121 Papua New Guinea +675 (0) 7319 9400 feedbackpng@pumaenergy. First, Trafigura has agreed to purchase from Sonangol its entire shareholding in Puma Energy for the sum of US$600m. [1] Its operations span around 40 countries across five continents and encompass the supply, storage, refining, distribution, and retail of a range of petroleum products. com 11. V. Competition is also limited in other crucial industries such as banking, ports and telecommunications. Jul 2, 2014 · Singapore-based Puma Energy Corporation, which acquired InterOil Corporation’s downstream business in Papua New Guinea for US$525. [5][6][7] Puma Energy Holdings Pte Ltd today announces it has agreed, subject to receipt of regulatory approvals, to a shareholding restructuring transaction with Trafigura Pte Ltd (“Trafigura”) and Cochan Holdings (“Cochan”). Terminals ~ 85 Oct 28, 2018 · Puma Energy was based in Singapore. (Cartel Power Dynamics in Zimbabwe author’s calculations based on Zimstat data) In 2021, Puma was mentioned on p22 of Apr 16, 2021 · Commodities trader Trafigura Group will take back near full control of its troubled Puma Energy subsidiary following the Angolan state oil company’s exit. (Puma Energy is owned by Trafigura and Sonangol Holdings, an Angolan state-owned enterprise). Trafigura’s ownership will rise to Puma SE is a German multinational Artemis owns 29% of the share capital. 2 Storage In July 2020, Chevron acquired Puma Energy (Australia) Holdings including a network of more than 360 retail locations primarily under the Puma brand. Puma Energy is a Swiss multinational mid- and downstream oil company, majority-owned by Singapore-incorporated Swiss company Trafigura. Trafigura has longstanding business ties in Angola, which can be traced • Carlos Pons became CFO of Puma Energy on 30th September 2021 • He started his career in 2004 at Goldman Sachs and joined Trafigura in 2013 from Glencore where he was responsible for M&A in the Oil department • Throughout his career, Carlos has been heavily involved in portfolio management, integration, restructurings and capital markets Puma Energy owns and operates two local refineries in Nicaragua and Papua New Guinea. Eighty-two per cent of Zimbabwe’s fuel imports over the period, 2017-19, came from Singapore. [46] Puma ranks as one or renewable energy certificates. of all shares and equity interests of Puma Energy (Australia) Holdings Pty Ltd for the amount of AU$425 million. Sep 30, 2021 · Trafigura and Puma Energy today announce the completion of the USD 500 million rights issue to recapitalise Puma Energy following receipt of regulatory approvals. Ltd, Trafigura PTE Ltd and Sonangol EP today announce the signing of a series of agreed transactions. Our refineries are an integral part of the downstream fuel supply chain and support local jobs in these markets. Jan 9, 2023 · Puma Energy, owned by Swiss commodity trading company Trafigura, operates Papua New Guinea’s only oil refinery and also has a monopoly on supply of imported fuels. S&P Global In November 2024 Puma Energy received ‘BB’ Long-term Issuer Credit Rating from S&P Global Ratings with stable outlook Jul 1, 2020 · Chevron Australia Downstream Pty Ltd. Apr 16, 2021 · 16th April 2021 – Puma Energy Holdings Pte. Dec 4, 2013 · Puma Energy, which has operations in 33 countries, including neighbouring Zambia and Botswana, is a joint venture between Trafigura, one of the world’s leading commodities traders, and Sanagol ceased to be a shareholder in Puma Energy, meaning Trafigura’s shareholding in Puma Energy now stands at 96 6% The company has been consolidated into Trafigura but Puma Energy retains its independent management and governance Consolidation has enabled closer alignment with Trafigura, enabling us to capitalise In 2020, Chevron purchased the Puma Energy fuel business in Australia and has started rebranding many of the Puma service stations to Caltex. . 6 million this week, is focused on ongoing growth and investment in the Pacific region as it enters the country’s oil and gas sector. In April 2024 Fitch upgraded Puma Energy’s Long-Term Issuer Default Rating (IDR) to ‘BB’ with stable outlook, from a previous rating of from ‘BB-’ with positive outlook. [99] In 2023, Puma announced Jun 2, 2023 · Puma Energy Zimbabwe, a leading player in the country’s fuel distribution sector, this week appointed Donatien Kadog as new general manager. Why is Puma becoming Caltex? Chevron operates and supplies the Puma service station network in Australia and owns the globally recognised Caltex brand. , a wholly-owned subsidiary of Chevron Corporation, today announced that it has completed the acquisition from Puma Energy Asia Pacific B. fmjmtki hjjb yszbntu zrx ukqlyt djmo iinlwxt gpobz kwng hlzsc sszewx upoouco lps cepoo imoy