Entity

The Oilinvest Group dates back to 1988, and the consolidation of various European energy investments that had been made by the Libyan state. The Tamoil brand was launched with the acquisition of an Italian refinery and retail network, and grown swiftly through expansion in Italy and extension to Switzerland in 1990, Germany in 1991, Spain in 1992 and the Netherlands in 1993. A foothold in Egypt in 1993 was followed by expansion into numerous African countries, before the entire African business was sold to another Libyan company.