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