Contact

Our team advised Sinopec Group in its bid for Chevron Global Energy Inc's refining and retail assets in South Africa and Botswana.

Back to top

Our team advised Sinopec Group in its bid for Chevron Global Energy Inc's refining and retail assets in South Africa and Botswana.

Cliffe Dekker Hofmeyr represented Sinopec Group, China’s largest manufacturer and supplier of petroleum and petrochemical products and an entity which was ranked third in the Fortune Global 500 in 2017.

24 May 2018 1 min read Featured work

Our competition team advised this client in its bid for Chevron Global Energy Inc's refining and retail assets in South Africa and Botswana. The merger attracted considerable attention given the strategic importance of the refining assets. As a result, the Sinopec was required to negotiate a comprehensive set of undertakings with the Minister of Economic Development aimed at ensuring that the merger served the public interest.

You might also be interested in

10 May 2023

by Amore Carstens and Megan Rodgers

Integrated Energy Planning: Commencement of section 6 of the National Energy Act

The National Energy Act 34 of 2008, assented to by the President in 2008 (Energy Act), is but one of many attempts to ensure uninterrupted supply of energy to South Africa since the inception of loadshedding in 2007. The Energy Act, premised on the Energy White Paper of 1998, aims to cover gaps in the Energy White Paper and other legislation on energy security, using an Energy Security Master Plan prepared by the then Department of Mineral Resources and Energy.

Corporate & Commercial Law

3 min read

26 Mar 2024

by Chris Charter and Gavriel Bender

Final revised Public Interest Guidelines: Commission doubles down on ownership requirements for mergers

On 20 March 2024, the Competition Commission (Commission) gazetted its final Revised Public Interest Guidelines relating to merger control (PI Guidelines). This followed an initial draft published for comment in October 2023 (see our previous alert on the draft revised PI Guidelineshere.    

Competition Law

6 min read

23 Jan 2024

by Imraan Abdullah, Mukelwe Mthembu and Syllabus Mogashoa

Another judgment on prescription?

Whether it relates to the meaning of a debt or the running of prescription, it seems that every year, the courts are obliged to publish judgments dealing with one or theother. 

Dispute Resolution

4 min read

23 Oct 2023

by Imraan Mahomed and Iva Babayi

South African labour laws: Foreign and remote workers, crossing swords

With the global village having also transformed into a ‘global workplace’, it is necessary to consider whether remote workers or employees who work for South African employers outside the country may access the Commission for Conciliation, Mediation and Arbitration (CCMA) or Labour Courts. In some instances, an employer may be located in South Africa only to have a part of its workforce spread across other parts of the world.

Employment Law

4 min read

21 Jun 2023

by Andries le Grange

Ain’t no appeal wide enough: New rules for appeals arising from market inquiries

The Department of Trade, Industry and Competition (DTIC) has recently announced the release of new Rules Pertaining to Appeals Arising From Market Inquiries Before the Competition Tribunal (Appeal Rules). The Appeal Rules regulate the procedure in appealing determinations made by the Competition Commission (Commission) in a market inquiry.

Competition Law

8 min read

8 Nov 2023

by Alecia Pienaar and Tessa Brewis

Update on Interim Grid Capacity Allocation Rules: Eskom clarifies guarantee requirements

On 3 November 2023, Eskom hosted a presentation to update industry on the implementation of the Interim Grid Capacity Allocation Rules (IGCAR). As discussed in our previous alert , the IGCAR were first released in June 2023, shifting the grid capacity allocation process from a ‘first come, first served’ approach to a new regime based on a ‘first-ready, first served’ principle.

Projects & Energy

5 min read

This website uses cookies to enhance the browsing experience. For more information, please see our Cookie Policy.

Accept Decline