Botswana Oil Limited

Botswana Oil Limited

Oil and Gas

Your Fuel. Your Future

About us

1. Company Profile – Botswana Oil Limited Botswana Oil Limited (BOL), serves as the Government of Botswana’s transformation agent in the oil industry and is mandated to ensure security and efficiency of supply of petroleum products for Botswana, manage state owned strategic fuel reserve facilities, strategic stocks as well as bulk storage and distribution. The entity is also responsible for facilitating participation of citizen companies in the petroleum sector. Wholly owned by the Government of Botswana, represented by Ministry of Mineral Resources, Green Technology and Energy Security; the company functions under defined governance and operating principles to inform and guide its operations. Botswana Oil Limited is registered under the Company’s Act and started operating in July 2013. 2. Mandate Botswana Oil Limited is the National Oil Company (NOC) of Botswana responsible for ensuring security of fuel supply for the benefit of all Batswana. The company is mandated to: - Ensure security and efficiency of supply of petroleum products for Botswana. - Manage state-owned strategic fuel reserve facilities, strategic stocks as well as bulk storage and distribution; and - Facilitate participation of citizen emerging companies in the petroleum sector. 3. Botswana Oil Limited - Vision Statement The vision statement below captures what Botswana Oil Limited aspires to be in the future. To be a significant player in the Oil & Gas Industry. 4. Botswana Oil Limited - Mission Statement The mission statement defines why the company exists. Botswana Oil Limited’s mission is: Ensuring security and efficiency of supply of petroleum products for Botswana and facilitation of Citizen Emerging Companies.

Website
http://www.botswanaoil.co.bw
Industry
Oil and Gas
Company size
51-200 employees
Headquarters
Gaborone
Type
Privately Held
Founded
2013

Locations

  • Primary

    Private Bag BO173, Bontleng

    Plot 54373, Petroleum House, Matante Mews, Central Business District

    Gaborone, BW

    Get directions

Employees at Botswana Oil Limited

Updates

  • View organization page for Botswana Oil Limited, graphic

    40,059 followers

    𝐁𝐨𝐬𝐚 𝐁𝐨𝐬𝐞𝐥𝐞 𝐓𝐫𝐚𝐢𝐧𝐢𝐧𝐠 𝐂𝐨𝐥𝐥𝐞𝐠𝐞’𝐬 𝐂𝐥𝐚𝐬𝐬 𝐨𝐟 𝟐𝟎𝟐𝟒 𝐆𝐫𝐚𝐝𝐮𝐚𝐭𝐢𝐨𝐧 𝐂𝐞𝐫𝐞𝐦𝐨𝐧𝐲! Botswana Oil Limited proudly joined the Class of 2024 as they marked this incredible milestone. BOL CEO had the honour of serving as Guest of Honour, delivering an inspiring keynote address on the theme “Education as a Catalyst for Socio-Economic Progress.” The graduates were celebrated for their resilience and commitment to achieving their Certificates, Diplomas, and Degrees, symbolizing a brighter future for Botswana. The ceremony highlighted the vital role education plays in driving Vision 2036 and the Reset Agenda, emphasizing its power to transform individuals, communities, and economies. Botswana Oil CEO also shared Botswana Oil’s ongoing collaborations with educational institutions, fostering innovation and growth in key sectors like oil and gas, mining, and tourism. The event was a testament to the shared commitment to developing a knowledge-based, inclusive, and prosperous Botswana. Congratulations to the graduates and the Bosa Bosele Training College community for empowering the next generation of trailblazers!

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    𝐁𝐎𝐋 𝐕𝐢𝐬𝐢𝐭𝐬 𝐚𝐧𝐝 𝐃𝐨𝐧𝐚𝐭𝐞𝐬 𝐭𝐨 𝐃𝐢𝐤𝐠𝐨𝐧𝐧𝐲𝐞 𝐏𝐫𝐢𝐦𝐚𝐫𝐲 𝐒𝐜𝐡𝐨𝐨𝐥! On Tuesday, the 19th of November 2024, Botswana Oil Limited (BOL) visited Dikgonnye Primary School and contributed a new printer and clothing items for students and needy families in Dikgonnye village. The event, which took place at Dikgonnye Primary School, was attended by various community leaders, including Kgosi Ishmael Rakgati, Village Development Committee representatives, Social and Community Development members, Security Services, Police, and school staff. Kgosi Rakgati expressed gratitude for BOL’s ongoing support, highlighting its positive impact on both the school and the wider community. Mr. Molefi Bailelwang, the Head teacher, shared the challenges faced by the school, including high child neglect and unemployment, indicating that the school has struggled to achieve scores above 50% since 2017, the target for this year is 80%. He set a baseline of 70%, stressing that the school has a team of qualified and dedicated teachers who are determined to improve the academic performance of their students. Ms. Mpho Mokgosi, BOL’s Senior Manager of Marketing and Communications, emphasized the company's commitment to education as key to national development and praised the government's role in shaping educational policies. She also announced BOL’s donation of a multifunctional printer and their commitment to enhancing the school’s ICT capabilities to support both students and teachers. The Parents Teacher Association (PTA) Chairperson, Ms. Julia David, thanked BOL for addressing the community’s needs, particularly the lack of resources that affects academic performance. BOL’s contribution of clothes is a demonstration of the company’s ongoing commitment to the development of both education and the wider communities within which it operates.

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    𝐁𝐎𝐋 𝐂𝐎𝐌𝐌𝐄𝐌𝐎𝐑𝐀𝐓𝐄𝐒 𝐁𝐑𝐄𝐀𝐒𝐓 𝐂𝐀𝐍𝐂𝐄𝐑 𝐀𝐖𝐀𝐑𝐄𝐍𝐄𝐒𝐒 𝐌𝐎𝐍𝐓𝐇 Botswana Oil Limited staff commemorated Breast Cancer Awareness Month across its various sites in Gaborone, Jwaneng, Orapa, Francistown, and Ghanzi. The theme for Breast Cancer Awareness Month this year is "𝐍𝐨 𝐎𝐧𝐞 𝐒𝐡𝐨𝐮𝐥𝐝 𝐅𝐚𝐜𝐞 𝐂𝐚𝐧𝐜𝐞𝐫 𝐀𝐥𝐨𝐧𝐞" emphasizing the importance of support for individuals affected by the disease. Our company healthcare professional came in and shared vital information about breast cancer, focusing on prevention and early detection which is crucial as breast cancer is curable if identified in its early stages and appropriate treatment is provided. Engaging in such initiatives not only enhances employee awareness but also contributes to broader community efforts to combat breast cancer for both men and women.

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    𝐂𝐞𝐥𝐞𝐛𝐫𝐚𝐭𝐢𝐧𝐠 𝐋𝐞𝐩𝐡𝐞𝐩𝐞 𝐏𝐫𝐢𝐦𝐚𝐫𝐲 𝐒𝐜𝐡𝐨𝐨𝐥 𝐏𝐫𝐢𝐳𝐞 𝐆𝐢𝐯𝐢𝐧𝐠 𝐂𝐞𝐫𝐞𝐦𝐨𝐧𝐲! Today, Botswana Oil Limited (BOL) participated in the Prize Giving Ceremony at Lephepe Primary School, represented by Human Capital Business Partner Ms. Gofaone Chibana. The event, themed “𝑴𝒊𝒏𝒅𝒔𝒆𝒕 𝑪𝒉𝒂𝒏𝒈𝒆: 𝑨 𝑵𝒆𝒄𝒆𝒔𝒔𝒂𝒓𝒚 𝑻𝒐𝒐𝒍 𝒇𝒐𝒓 𝑩𝒖𝒊𝒍𝒅𝒊𝒏𝒈 𝒕𝒉𝒆 𝑩𝒆𝒔𝒕 𝑳𝒆𝒈𝒂𝒄𝒚,” celebrated and recognised student’s academic performance. In her speech, Ms. Chibana commended the hard work of the students and acknowledged the dedication of parents and teachers in supporting their success. She praised those who scored 80% or above in various subjects, emphasizing the importance of quality output. Reflecting on the theme, she noted that many students encounter obstacles in their educational journeys, including limited resources, geographic challenges, and societal expectations that may suggest success is unattainable. However, she emphasized that a shift in mindset can transform these challenges into stepping stones. She encouraged the students to persevere regardless of difficulties, reinforcing that they have the potential to achieve great things, regardless of their backgrounds. School Head Mr. Mothei Mothei highlighted their commitment to enhancing student performance, mentioning that they also reward students who improve their scores by at least 10% compared to previous year’s results. Since 2020, the school has seen a notable increase in average performance, rising from 48.8% to 59.5%, with hopes of achieving an average score of 80% or higher. Mr. Mothei also expressed gratitude to parents and the organizing committee, particularly thanking Botswana Oil Limited for their support and collaboration. He noted that the school currently holds two trophies: one from the Legojane Foundation for achieving over 80% in the Lebososhale Cluster (that is primary schools in Lephehe, Boatlaname, Sojwe, Shadidi, Leologane), and another for being the best school in the Lentsweletau Sub Region with a PSLE performance of 82.5%. The joyous atmosphere reflected the pride and happiness of parents regarding the school’s accomplishments. BOL remains committed to supporting Lephepe Primary School in promoting academic excellence and improving the teaching and learning environment.

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    𝐋𝐚𝐮𝐧𝐜𝐡 𝐨𝐟 𝐭𝐡𝐞 𝐅𝐫𝐚𝐧𝐜𝐢𝐬𝐭𝐨𝐰𝐧 𝐃𝐞𝐩𝐨𝐭 𝐆𝐚𝐧𝐭𝐫𝐲 Botswana Oil Limited (BOL) celebrated and launched the Road Loading and Offloading Gantry, marking the completion of the first phase of the Francistown Fuel Depot Expansion Project that began in October 2022. Once the expansion is complete, the depot will be Botswana’s largest petroleum storage facility. The current capacity is 38 million litres, and an additional 60 million litres is under construction as part of the second phase. The launch was officiated by the Minister of Minerals and Energy, Honourable Lefoko Maxwell Moagi, highlighting BOL’s mandate to ensure the security of the petroleum supply. Kgosi Pepukai Makambe of Monarch emphasized the Government’s commitment to national development, stating that the expansion will help reduce social, geopolitical, and economic pressures on petroleum products imports. The CEO Mr Meshack Tshekedi indicated that Botswana as a landlocked country, imports all its petroleum products. He shared that the original depots, built in 1979, are insufficient for the growing demand, hence the need to upgrade the infrastructure. The Francistown depot serves about 38% of the national petroleum demand and is strategically located for imports from Mozambique via Zimbabwe. The project includes guard houses, bund walls, and a security building, additional storage tanks, an administrative building, a testing laboratory, rail and road loading facilities. The Hon. Minister Moagi emphasised that it is critical to expand the storage facilities to maintain strategic reserves to support the economy in the event of supply disruptions. The Francistown expansion project has been delivered in two phases, with contracts awarded to various contractors, ensuring local involvement and employment. So far, 452 jobs have been created, significantly benefiting Batswana and local businesses. The engagement of citizen contractors has been a priority, with over P213 million spent on local firms, fostering skills transfer and economic empowerment. As the event concluded, the Minister expressed pride in the new gantry, the largest of its kind in Botswana, symbolizing the tangible benefits of BOL's strategic initiatives and their crucial role in achieving the Government’s 90% import mandate, setting the stage for future growth in Botswana’s petroleum industry. In his closing remarks, Mayor Godisang Radisigo highlighted the alignment of the current project with the Vision 2022 Strategy, which aims to transform Francistown and foster investment partnerships. He thanked the Honourable Minister for his visionary leadership and urged residents to prepare to take advantage of new business opportunities, collaborate with partners, and contribute to the City's growth. The Francistown Depot Expansion Project represents a critical investment in Botswana's energy security. The event was live on Facebook, visit the live recording for more.

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    𝐋𝐀𝐔𝐍𝐂𝐇 𝐎𝐅 𝐓𝐇𝐄 𝐅𝐑𝐀𝐍𝐂𝐈𝐒𝐓𝐎𝐖𝐍 𝐃𝐄𝐏𝐎𝐓 𝐆𝐀𝐍𝐓𝐑𝐘 | 𝟏𝟎 𝐎𝐂𝐓𝐎𝐁𝐄𝐑 𝟐𝟎𝟐𝟒 Giving vote of thanks, City of Francistown Mayor - His Worship Godisang Radisigo.

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    𝐋𝐀𝐔𝐍𝐂𝐇 𝐎𝐅 𝐓𝐇𝐄 𝐅𝐑𝐀𝐍𝐂𝐈𝐒𝐓𝐎𝐖𝐍 𝐃𝐄𝐏𝐎𝐓 𝐆𝐀𝐍𝐓𝐑𝐘 | 𝟏𝟎 𝐎𝐂𝐓𝐎𝐁𝐄𝐑 𝟐𝟎𝟐𝟒 Presentation of Token of Appreciation, BOL Board Chairman - Mr Martin Makgatlhe.

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