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Refineries & Retail

Astron Energy signage
Glencore's South African refinery to invest up to R6bn to produce cleaner fuels
26th March 2025 By: Reuters

Astron Energy, a unit of global commodity trader Glencore, will invest up to R6-billion to install new equipment and become compliant with South Africa's cleaner fuel specifications ahead of a 2027... 


The Dangote oil refinery
US jet fuel imports surge as Nigeria's Dangote refinery pushes barrels west
25th March 2025 By: Reuters

US jet fuel imports are set to hit a two-year high in March after Nigeria's Dangote refinery pushed barrels to North America, which should lower prices of the aviation fuel in the peak summer... 


An image of the Bratislava Refinery
Innovative fuel alternatives benefit multiple industries
14th March 2025

As part of its long-term “Shape Tomorrow” strategy, petroleum company MOL Group has successfully produced and tested a diesel fuel containing hydrotreated vegetable oil (HVO) and a sustainable... 


An image of the Antwerp Platform
Projects improve hydrogen production, carbon reduction
14th March 2025

In line with its 2030 ambition to decarbonise the hydrogen used in its European refineries, TotalEnergies has signed agreements with Air Liquide to develop two projects in the Netherlands, for the... 


An image of a man pouring used oil into a container
Lubrication firm launches sustainable oil buy-back initiative
14th March 2025

Leader in lubrication solutions Atlas Oil in February announced the launch of its Sustainable Oil Buy-Back Program, in partnership with the nonprofit organisation Rose Foundation. This initiative... 


Petrol and diesel pumps at a garage
Petrol, diesel prices to decrease
4th March 2025 By: Creamer Media Reporter

Mineral and Petroleum Resources Minister Gwede Mantashe has confirmed that the price of petrol will decrease by 7c a litre from March 5, while diesel prices will decrease by between 17.5c and 23.5c... 


The Secunda complex
Sasol cuts emissions-reduction capex as it confirms rejigged plan
24th February 2025 By: Terence Creamer

JSE-listed Sasol has confirmed significant changes to its emission reduction roadmap (ERR), while also announcing material reductions to its capital expenditure requirements for implementing the... 


Sasol CEO Simon Baloyi
Repurposed Twistdraai destoning plant key to Sasol’s plan for recovering Secunda’s output
24th February 2025 By: Terence Creamer

Energy and chemicals group Sasol is repurposing its Twistdraai export coal plant as a destoning operation to improve the quality of coal being used in its Secunda gasifiers, in Mpumalanga, where it... 


A Sasol sign near its Secunda operations
Sasol skips dividend after profit declines 31%
24th February 2025 By: Reuters

South African petrochemical firm Sasol on Monday skipped paying a dividend after reporting a 31% decline in half-year profit on a fall in oil prices and lower sales volumes. Sasol's headline... 


Transmission lines
Carbon tax electricity price neutrality extended to end 2030
20th February 2025 By: Terence Creamer

As anticipated, the 2025 Budget offered fresh guidance on South Africa’s approach to carbon taxes, including confirmation of government’s decision to extend the commitment to electricity price... 


Petrol pumps
Treasury plans measures to offset VAT hike - reports
19th February 2025 By: Bloomberg

South Africa’s National Treasury will use a series of measures to offset the impact on the poor from a planned increase in value-added tax, Business Day reported, without citing anyone. The steps... 


The Sapref refinery before it was closed
South Africa again flags mega oil refinery plan and expresses desire for regional partnership
18th February 2025 By: Terence Creamer

The South African government has reiterated its stance that South African needs a mega oil refinery despite “fundamental changes” under way globally, including the transition to electric mobility.... 


Sasol Secunda
Sasol warns of drop in interim earnings on impairments, lower prices
5th February 2025 By: Darren Parker

Energy and chemicals company Sasol has warned that its headline earnings per share (HEPS) are likely to decrease by between 26% and 36% year-on-year, to between R13 and R15, for the six months... 


Suiso and Wuhuan Engineering discussing plans
Suiso’s R31.5bn coal-to-fertiliser, methanol project passes BFS stage
30th January 2025 By: Darren Parker

The bankable feasibility study (BFS) for blue ammonia producer Suiso’s R31.5-billion coal-to-fertiliser and methanol project in Kriel, Mpumalanga, was completed earlier this month. The study was... 


Sign with a Shell logo reflected in the mirror of a car
Shell, Thebe near $1bn South Africa oil asset sales pact
30th January 2025 By: Bloomberg

Shell and its South African partner are close to ending a valuation dispute, paving the way for the sale of the oil giant’s local downstream assets for as much as $1-billion, according to people... 


sasol secunda
Sasol keeps its footing despite a challenging six months
23rd January 2025 By: Darren Parker

Despite challenging circumstances during the six months ended December 31, energy and chemicals company Sasol has stated that its market guidance for both its Mining and Gas divisions remains... 


Sasol's Secunda operation
Sasol plots new route to emission goal after refocusing on coal
22nd January 2025 By: Bloomberg

Sasol CEO Simon Baloyi is seeking a new path for South Africa’s second-largest polluter to reach its emissions target after doubling down on coal to run its fuel and chemicals production. The... 


An aeroplane taking off from OR Tambo International
ACSA reports OR Tambo airport has fuel for January; it is now working on February supply
20th January 2025 By: Rebecca Campbell

The Airports Company South Africa (ACSA) has assured that its flagship OR Tambo International Airport (ORTIA), east of Johannesburg, now has enough jet fuel to meet demand for the rest of this... 


The CEF bought the Sapref refinery from Shell and BP
South Africa seeks asset-control rejig at top fuel-import hub
14th January 2025 By: Bloomberg

The State-owned Central Energy Fund (CEF) wants to manage petrochemical assets at the nation’s biggest fuel-storage hub after it bought the country’s largest fuel refinery that’s adjacent to the... 


A gas stove
WLGA releases roadmap to expand access to LPG for cooking across Africa
11th December 2024 By: Schalk Burger

Industry organisation the World Liquid Gas Association (WLGA) has released the ‘LPG Roadmap for Africa’ report, which includes calls to action for the public and private sectors to achieve full... 


COP29 is being held in Azerbaijan this month
Global CO2 emissions to hit record high in 2024, report says
13th November 2024 By: Reuters

Global carbon dioxide emissions, including those from burning fossil fuels, are set to hit a record high this year, pulling the world further off course from averting more destructive climate... 


Fuel prices to increase in November
4th November 2024 By: Schalk Burger

Fuel prices are set to increase on November 6, with 93 octane and 95 octane petrol prices to increase by 25c/ℓ. Diesel with a sulphur content of 0.05% will increase by 21c/ℓ and 0.005% sulphur... 


Fuels Industry Association gets approval for uniform LPG cylinder deposit fees
31st October 2024 By: Schalk Burger

Industry organisation the Fuels Industry Association of South Africa said the Competition Commission approved its implementation of uniform deposit fees for liquefied petroleum gas (LPG) cylinders,... 


Petroleum Products Bill released for public comment
24th October 2024 By: Creamer Media Reporter

The Department of Mineral Resources and Energy (DMRE) has published the draft Petroleum Products Bill for a 60-day public comment period, which was launched on October 21. The DMRE says the Bill,... 


A Sasol sign at its Secunda operations
Sasol’s gas supply and volatile oil raise sustainability risks
18th October 2024 By: Bloomberg

Sasol’s declining gas reserves and its susceptibility to volatile oil prices is drawing scrutiny over the sustainability of the business and its plans to reduce emissions. The South African fuel... 


TotalEnergies
South Africa’s rising fuel imports cause supply shortage risk
14th October 2024 By: Bloomberg

South Africa’s rapid switch to become a net importer of fuel creates supply risks requiring infrastructure to store and transport the fuel, according to State-owned logistics firm Transnet.... 


Magazine Cover Image
South African electricity sector’s migration to multimarket structure under way
4th October 2024 By: Schalk Burger

South Africa's energy market was liberalising and evolving, with State efforts to establish a stable and effective framework and moving at pace on energy transition matters, along with... 


Petrol pumps
Petrol, diesel prices to decrease by more than R1 a litre
30th September 2024 By: Schalk Burger

Fuel prices are set to decrease on October 2, with the 93 octane petrol price to decrease by R1.06/ℓ and 95 octane petrol by R1.14/ℓ. Diesel with a sulphur content of 0.05% will decrease by R1.14/ℓ... 


An image showing the Sapref refinery
Mantashe hails competition approval of CEF’s Sapref acquisition
20th September 2024 By: Tasneem Bulbulia

Mineral Resources and Energy Minister Gwede Mantashe has welcomed the Competition Commission’s approval of the Central Energy Fund’s (CEF's) application to acquire the South African Petroleum... 


South African National Petroleum Company CEO Godfrey Moagi
New State-owned petroleum company granted permission to begin operating
18th September 2024 By: Terence Creamer

A new State-owned enterprise arising from a merger of three Central Energy Fund (CEF) subsidiaries – iGas, the Strategic Fuel Fund (SFF) and those divisions of PetroSA currently considered... 


New Sasol chairperson Muriel Dube
Sasol appoints Dube as new chair as sustainability pressures rise
16th September 2024 By: Terence Creamer

JSE-listed chemicals and energy group Sasol has appointed Muriel Dube, a former government climate negotiator, as its new chairperson following the resignation of Sipho Nkosi from the position in... 


Shell's logo
Aramco, Trafigura said to compete for Shell South Africa assets
6th September 2024 By: Bloomberg

Saudi Aramco, Abu Dhabi National Oil Co and commodities trader Trafigura are among suitors competing to buy Shell’s service stations in South Africa, according to people familiar with the matter.... 


Sasol CEO Simon Baloyi
Sasol confirms refinements being made to emissions reduction pathway
3rd September 2024 By: Terence Creamer

Energy and chemicals group Sasol has reiterated that its target to reduce its greenhouse-gas (GHG) emissions by 30% by 2030 remains in place, but has also confirmed that it is refining its... 


Dept confirms large decreases in petrol, diesel for Sept
2nd September 2024 By: Creamer Media Reporter

The Department of Mineral Resources and Energy, which is being split into the Department of Mineral and Petroleum Resources and the Department of Electricity and Energy, has confirmed that petrol... 


President Cyril Ramaphosa
President transfers legislation as part of steps to split mineral resources, energy portfolios
28th August 2024 By: Creamer Media Reporter

President Cyril Ramaphosa has transferred legislation previously administered by the Mineral Resources and Energy Minister to Mineral and Petroleum Resources Minister Gwede Mantashe and Electricity... 


Sasol's Secunda plant
Sasol profit plunges 66% on weak chemical prices, skips final dividend
20th August 2024 By: Reuters

South African petrochemicals company Sasol reported a 66% fall in full-year profit on Tuesday, mainly due to weaker chemical prices, and skipped a final dividend. Headline earnings, which strip out... 


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