Two of South Africa’s four oil refineries are currently offline and expected to restart next year at the earliest, while the other two facilities also face an uncertain future as oil companies are reassessing their downstream portfolios in the wake of the pandemic that crushed fuel demand. Two South African oil refineries, owned by units of Glencore and Malaysia’s Petronas, are forecast to remain closed at least until next year, Bloomberg reports , citing energy consultancy CITAC. Those two refineries account for 43 percent of South Africa’s total oil refining capacity of over 500,000 barrels per day (bpd). Glencore’s Astron Energy shut down its refinery in July after an explosion and fire killed in early July two workers and injured another seven. In September, Astron Energy said it was still “too early to determine” when the 100,000-bpd refinery could be safely restarted. Engen Holdings, a unit of Petronas, stopped […]