Talk:Vivo Energy
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The location of Vivo should be listed as London UK, not Amsterdam. Source: https://www.bloomberg.com/profile/company/VVO:SJ Request for this change has come from Vivo themselves, hence suggested change - going to request further sources from them regarding changes. TomTCantarus (talk) 14:40, 14 August 2020 (UTC)
- Done. Dormskirk (talk) 14:47, 14 August 2020 (UTC)
Addition to Key People Johan Depraetere, CFO
New copy for each section requested as a change by Vivo Energy
Intro
Vivo Energy plc, commonly referred to as Vivo Energy, is a downstream petroleum company with its headquarters in London. It maintains subsidiaries and operations in 23 countries across Africa. Vivo Energy is a Shell and Engen licensee in multiple African markets. They source, distribute, market and supply high-quality fuels and lubricants to retail and commercial customers, in addition to providing a growing non-fuel retail offering. Vivo Energy completed its Initial Public Offering on the London Stock Exchange in May 2018, with a simultaneous inward secondary listing on the Johannesburg Stock Exchange. At the time, this was the largest African IPO for 10 years. Vivo Energy is listed on the London Stock Exchange and Johannesburg Stock Exchange and are members of the FTSE 250 Index and the JSE All Share Index.
History
Vivo Energy was established in 2011,[2] as a partnership between Vitol Group, a Swiss-based Dutch-owned multinational energy and commodity trading company, and Helios Investment Partners, a United Kingdom-based private equity firm, with the objective to purchase majority shares in the downstream fuels business of Royal Dutch Shell in Africa for approximately $1 billion.[3]
Cape Verde, Senegal, Madagascar, Mali, Mauritius, Morocco, Tunisia joined Vivo Energy in December 2011. They were followed by Burkina Faso, Côte d'Ivoire, Guinea in February 2012;[4] Botswana and Namibia in October 2012;[5] Kenya in November 2012;[6] Uganda in February 2013,[7] and Ghana in August 2013[8].
Vivo Energy had its initial public offering in May 2018[10] that saw its shares listed on the London Stock Exchange with a secondary listing on the JSE.[11] This IPO was the largest in the LSE in 2018 and saw the founding shareholders, Vitol and Helios, raise GBP 548 million.[12]
In March 2019, Vivo Energy completed a transaction with Engen Holdings, adding eight new countries and 230 Engen-branded service stations to its network. The new markets for Vivo Energy were Gabon, Malawi, Mozambique, Reunion, Rwanda, Tanzania, Zambia and Zimbabwe.
Operations
Vivo Energy is a market-leading, pan-African retailer and distributor of high-quality fuels and lubricants to retail and commercial customers across the continent, with a growing non-fuel retail offering. They operate an integrated business across three core segments: Retail, Commercial and Lubricants.
At the end of 2019, their network comprised 2,226 service stations across the continent – making it the second largest retailer in Africa, outside South Africa, in terms of site numbers.
The Retail business comprises both the sale of petrol and diesel fuels at Shell and Engen-branded service stations, across 23 countries, and a growing non-fuel Retail business including multi-branded convenience retail shops, quick service and fast casual restaurants, and other services including lubricant bays, car washes and ATMs.
Their Commercial offer includes mining, construction, transport, aviation, marine, power and industrial companies. They also supply LPG, primarily to consumers, as well as fuels to the wholesale market.
Vivo Energy also provide Retail Lubricants products to consumers at their service station forecourts and lubricant bays and also at oil shops, repair shops, service centres and resellers through a network of distributors. Their Commercial Lubricants business supplies specialist lubricants to mining companies and B2B customers, and also exports to other African markets.
Safety is an absolute priority for Vivo Energy. Its HSSE performance is benchmarked against the downstream activities of its oil and gas industry peers, and it consistently scores ahead of companies operating both within and outside Africa.
I'm adding this all here as I think it's against editing guidelines for me to makes these changes as Vivo is a client of the company I work for - however some of the information definitely needs to change, e.g. the first sentence claiming their headquarters is in the Netherlands.
Please try using https://investors.vivoenergy.com/~/media/Files/V/Vivo-Energy-IR/reports-and-presentations/Vivo_Energy_12-03-2020.pdf as source
--TomTCantarus (talk) 14:36, 13 October 2020 (UTC)
- Hi - There is a considerable amount of marketing type material here. If you want to propose changes please take it in small steps and propose independent sources as required by WP:RS. Best wishes. Dormskirk (talk) 15:24, 13 October 2020 (UTC)
Hi - Thanks for the advice, I've put together a list of things to alter instead;
- "operations in 16 countries" (line1) should be 23 countries - source https://investors.vivoenergy.com/~/media/Files/V/Vivo-Energy-IR/reports-and-presentations/Vivo_Energy_12-03-2020.pdf page 4
- "..listed on the London Stock Exchange.. " needs JSE info adding to be "Vivo Energy is listed on the London Stock Exchange and Johannesburg Stock Exchange and are members of the FTSE 250 Index and the JSE All Share Index." source showing listing https://www.bloomberg.com/quote/VVO:SJ
- to be added at the end of the operations section - "In March 2019, Vivo Energy completed a transaction with Engen Holdings, adding eight new countries and 230 Engen-branded service stations to its network. The new markets for Vivo Energy were Gabon, Malawi, Mozambique, Reunion, Rwanda, Tanzania, Zambia and Zimbabwe." https://www.herald.co.zw/vivo-energy-completes-engen-deal/
- In the operations section, the number of service stations line could be rewritten as they now operate over 2,200 service stations under either the Shell or Engen brands - https://www.vivoenergy.com/Media-Centre/Press-Releases/Details/completion-of-transaction-with-engen-holdings page 12 - Operations also states 16 rather than 23 countries
Would it also be appropriate to expand the operations section with more information on their operations in Retail, Commercial and Lubricant segments? For example "They operate in mining, construction, transport, aviation, marine, power and other industrial companies. They also supply LPG, primarily to consumers, as well as fuels to the wholesale market." --TomTCantarus (talk) 11:42, 14 October 2020 (UTC)
- Hi - Now largely updated. I don't think it would be appropriate to include more information on markets. It seems to me that it would conflict with WP:NOTADVERTISING. Also please remember that press releases from the company are not an acceptable source: see WP:RS. Best wishes. Dormskirk (talk) 12:11, 14 October 2020 (UTC)
Hi - Thanks for the advice so far, I think there are a few more changes that need to be made to improve the page:
- The info paragraph lists Vivo being an "Energen" licensee, this is incorrect, the correct company is "Engen" which should link to https://en.wikipedia.org/wiki/Engen_Petroleum
- The operations section details the 2019 deal with Engen, however this would likely make more sense as an additional paragraph in the history section. Currently the operations section unnecessarily repeats the information on the list of countries that Vivo operates in - removing the first paragraph and adding in this short paragraph at the end of the history section would display this same information in a more concise and clear manner -
" In March 2019, Vivo Energy completed a transaction with Engen Holdings, adding eight new countries and 230 Engen-branded service stations to its network. The new markets for Vivo Energy were Gabon, Malawi, Mozambique, Reunion, Rwanda, Tanzania, Zambia and Zimbabwe " - the source for this can be listed as https://www.herald.co.zw/vivo-energy-completes-engen-deal/ as before, preferably listing the article publish date 04 March 2019 and access date.
- The link for Engen in the operations section (that should now be moved to history) currently links to the wrong wiki page, it should link to https://en.wikipedia.org/wiki/Engen_Petroleum
- Operations section "As of October 2020.." has out of date figures. This company presentation includes the latest figures of over 2250 service stations (slide 4), https://investors.vivoenergy.com/~/media/Files/V/Vivo-Energy-IR/reports-and-presentations/2020/October%20Corporate%20Presentation.pdf
If this source isn't acceptable, the annual report from 2019 https://investors.vivoenergy.com/~/media/Files/V/Vivo-Energy-IR/reports-and-presentations/Vivo_Energy_12-03-2020.pdf has the figure of over 2,200 rather than over 2000. This source also has up to date figures for the Lubricants of 158,000 metric tonnes blending capacity at plants in six countries, rather than 170,000 in seven countries as currently listed. Suggested copy for the operations section is - " As of October 2020, the company operates over 2,250 service stations across its markets. Shell and Vivo Lubricants, a 50:50 joint venture between Vivo Energy and Shell, has blending capacity of around 158,000 metric tonnes at plants in six countries producing Shell branded lubricants. " - with the number of service stations listed depending on whether the company presentation is an acceptable source.
- Final point, I noticed that this source is inaccessible http://www.theghanaauto.com/index.php/2014-09-30-13-50-54/local-news/699-motorbike-fuel-pumps-to-offer-comfort-for-riders, if it is inaccessible for others should it be removed?
Apologies that I am not making these edits myself, I would do so however as I indirectly work for Vivo I feel that making the edits directly would be a violation of Wikipedia editing policies, Thanks --TomTCantarus (talk) 11:26, 15 October 2020 (UTC)
- Sorry, but there has been quite a bit of criticism of editors like me who are prepared to consider requests from paid employees of companies and I think that I have taken this about as far as I can. I have tweaked it a bit. Best wishes. Dormskirk (talk) 11:37, 15 October 2020 (UTC)
Inaccurate information
[edit]I Have tried to make this clear in every interaction with this page, I am an employee of a digital agency for whom Vivo is a client
1) History section: It is incorrect to state that “Vivo Energy is a franchisee for both Shell and Engen Petroleum in Mozambique”. Vivo Energy is not a franchisee, they are a licensee of either Shell or Engen depending on the market being referred to. Vivo Energy is not a licensee of both Shell and Engen in the same market, it is just Engen in Mozambique.
Vivo Energy were previously had operating units in 15 markets (not Mozambique). The new 8 markets that joined in March 2019 took up to 23 markets. I think that it is clearer to simply replace the final paragraph of the history section as follows, citing this reference from the Herald in Zimbabwe: https://www.herald.co.zw/vivo-energy-completes-engen-deal/ “In March 2019, Vivo Energy completed a transaction with Engen Holdings, adding eight new countries and 230 Engen-branded service stations to its network. The new markets for Vivo Energy were Gabon, Malawi, Mozambique, Reunion, Rwanda, Tanzania, Zambia and Zimbabwe.”
2) Typo in the history section at the end it says "operates in 23 counties", this should be countries, not counties.
3) Operations section:
Currently reads: "As of October 2020, the company operates over 2,000 service stations across its markets."
As of July 2020, the company operates over 2,200 service stations across its markets. SOURCE: Updated independent source, dated July 2020 for the number of service stations: https://www.businesslive.co.za/bd/companies/energy/2020-07-28-vivo-profit-slumps-as-covid-19-hits-fuel-sales/
4) Operations section: The data points regarding Shell and Vivo Lubricants are incorrect and misleading, the numbers are larger than they should be and link to a source from 2015/16. This should be updated as follows: Shell and Vivo Lubricants, a 50:50 joint venture between Vivo Energy and Shell, has blending capacity of around 158,000 metric tonnes at plants in six countries producing Shell branded lubricants SOURCE: Independently audited 2019 Annual Report & Accounts, page 47 https://investors.vivoenergy.com/~/media/Files/V/Vivo-Energy-IR/reports-and-presentations/2020/October%20Corporate%20Presentation.pdf
I understand that I cannot make these changes myself due to the previously stated conflict of interest and that a previous editor decided to stop making edits based on my suggestions due to this conflict - however there must be some process by which this information can be changed as it is demonstrably incorrect. Any help from any editors/user appreciated, Thanks, --TomTCantarus (talk) 14:46, 20 October 2020 (UTC)
- Hi - I have made the a few further corrections. The objection is to you directing how the article should be written. I have removed some of the material from operations section for now: it was not misleading - it was just out of date. Other editors may want to take a look at this and add some alternative material from independent sources (not from the company's annual report). Best wishes. Dormskirk (talk) 16:12, 20 October 2020 (UTC)
Updates required for accuracy
[edit]I am an employee of a digital agency for whom Vivo is a client. The following changes need making as the article is out of date.
Vivo Energy plc
Is now called Vivo Energy Limited: ·https://find-and-update.company-information.service.gov.uk/company/11250655/filing-history
Type Public
Has changed from Public to Private Limited Company: ·https://find-and-update.company-information.service.gov.uk/company/11250655/filing-history
Traded as LSE: VVO FTSE 250 component
No longer traded as a public company. This section to be removed. For reference: ·https://otp.tools.investis.com/clients/uk/vivo_energy/rns/regulatory-story.aspx?cid=2371&newsid=1609329&culture=en-GB&val=637965350237289924
Key people John Daly, Chairman
John Daly has resigned and is no longer Chairman. This should be removed ·https://find-and-update.company-information.service.gov.uk/officers/rl29uWyxccD5gBmJ7Xah9jgbt5c/appointments
Key people ... Christian Chammas, CEO Stan Mittelman has replaced Christian Chammas as CEO. This should be updated ·https://otp.tools.investis.com/clients/uk/vivo_energy/rns/regulatory-story.aspx?cid=2371&newsid=1556194&culture=en-GB&val=637965362936228690
As of June 2021, the company operates 2,400 service stations across its markets. As of December 2021, the company operated 2,463 service stations across its markets. Please update as the page currently shows June 2021 data. The 2,463 number is reported in the company’s 2021 Full Year results ·https://otp.tools.investis.com/clients/uk/vivo_energy/rns/regulatory-story.aspx?cid=2371&newsid=1555188&culture=en-GB&val=637965362936238746
Ownership...The shares of Vivo Energy are listed... The entire section will need to be removed as Vivo are no longer listed on the London and Johannesburg stock exchanges and are now a private limited company. ·https://find-and-update.company-information.service.gov.uk/company/11250655/filing-history NotObvious (talk) 12:17, 24 August 2022 (UTC)
- Done. Dormskirk (talk) 12:28, 24 August 2022 (UTC)
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