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Refineries & Retail

Engen to shut refinery and repurpose KZN site as an import terminal
Engen to shut refinery and repurpose KZN site as an import terminal
23rd April 2021 By: Terence Creamer

South African petroleum products group Engen announced on Friday that it would shut the Engen Refinery and convert the site, located south of Durban, into an import terminal and product storage... 


 Fuel price breather could be on the cards for financially burdened consumers, according to the AA
Fuel price breather could be on the cards for financially burdened consumers, according to the AA
15th April 2021 By: News24Wire

The current data shows the prospect of a 32 cents-a-litre drop in the price of diesel. Financially burdened South African consumers might get a fuel price breather in May, the Automobile... 


EXPANDING GAS
The growth in the global LPG cylinder manufacturing market is driven by increased disposable income, urbanisation and demand for convenience
Cylinder market expected to grow
9th April 2021

The global liquified petroleum gas (LPG) cylinder manufacturing market is projected to reach a market size of about $4.7-billion by 2026, with an average growth rate of about 3.6% during the... 


Sasol, Eskom achieve dismal results in emissions benchmark study
24th March 2021 By: Donna Slater

Investor engagement initiative on climate change Climate Action 100+ (CA100+) issued its first Net Zero Company Benchmark of the world’s biggest corporate emitters, including petrochemicals and... 


Policing forum set up to crack down on ‘rampant’ illegal fuel trading
Policing forum set up to crack down on ‘rampant’ illegal fuel trading
17th March 2021 By: Creamer Media Reporter

The Department of Mineral Resources and Energy (DMRE) has established the Public Petroleum Products Act Compliance Forum in a bid curb “rampant” illegal fuel trading. The forum is made up of... 


Sasol says unit's dollar-denominated notes offering oversubscribed more than 3 times
12th March 2021 By: Reuters

South African petrochemical firm Sasol said on Friday an offering of dollar-denominated senior notes by its unit was oversubscribed more than three times for a total orderbook of $4.60-billion. The... 


COLD CUTS
Jet Demolition holds a number of highly specialised cold-cutting demolition tools and attachments for its fleet of demolition machines.
Petrochemicals plant demolition under way
12th March 2021 By: Darren Parker

Demolition contractor Jet Demolition is wrapping up a petrochemical demolition project valued at about R20-million. Jet Demolition project manager André Botes tells Engineering News that the... 


COOL STUFF
South Africa is a good location for water-based coolants because ambient temperatures seldom drop below freezing point
Production plant upgrade heralds next-gen coolant
12th March 2021 By: Darren Parker

Local petroleum and petrochemical products manufacturer African Oil Blending Corporation (AOBC) has secured about R130-million to repurpose and upgrade its Harrismith lubricant blending production... 


Eskom, Sasol face government ultimatum to meet emission limits
Eskom, Sasol face government ultimatum to meet emission limits
10th March 2021 By: Bloomberg

Eskom Holdings and Sasol, South Africa’s two biggest polluters, must comply with emission limits even if it costs them tens of billions of rand, Environment Minister Barbara Creecy said. The... 


Probe finds Mpumalanga, Gauteng hydrogen sulphide levels above WHO recommendations
1st March 2021 By: Schalk Burger

An ongoing probe by the Department of Environment, Forestry and Fisheries (DEFF) to determine the cause of the high levels of air pollution reported in Mpumalanga and Gauteng during the week of... 


Expect steep fuel prices in March, AA warns
Expect steep fuel prices in March, AA warns
26th February 2021 By: News24Wire

Fuel users need to prepare for steep hikes across the boards with petrol prices expected to climb by 66 cents per litre, while diesel and illuminated paraffin will be up 57c/l and 49c/l... 


Death of diesel looms as carmakers accelerate to electric future
26th January 2021 By: Reuters

The world's biggest diesel engine factory in Tremery, eastern France, is undergoing a radical overhaul - it's switching to make electric motors. From less than 10% of output in 2020, electric... 


RONAN BESCOND 
Foreign companies that want to work on the project must value local partnership
Staying local pivotal for Mozambique LNG project
15th January 2021 By: Mc'Kyla Nortje

Local content and employment are integral to one of the largest liquefied natural gas (LNG) projects under way on the continent, says petroleum refining company Total Mozambique country chair Ronan... 


Almost half of South Africa’s oil refining seen shut until 2022
11th January 2021 By: Bloomberg

South African plants owned by Glencore and Petroliam Nasional that make up 43% of the nation’s oil-refining capacity are expected to stay shut until at least 2022, according to energy consultant... 


South African fuel prices to rise across the board this week
South African fuel prices to rise across the board this week
4th January 2021 By: African News Agency

The retail price of fuel in South Africa will increase by up to 43 cents a litre from Wednesday, while the wholesale cost of diesel will rise by as much as 55 cents, the mineral resources and... 


Engen refinery
One injured, six treated for smoke inhalation after Engen refinery explosion
4th December 2020 By: Marleny Arnoldi

One person has been injured and taken to hospital, while six have been treated for smoke inhalation, following Friday morning's explosion at an oil refinery in Wentworth, Durban. Engen... 


Price of oil to increase, gold to remain high going into 2021 – Fitch Solutions
20th November 2020 By: Donna Slater

With the brent crude oil price continuing to rise in November, following reports of a second highly effective Covid-19 vaccine nearing emergency approval in the coming weeks, financial risk... 


Britain to ban new petrol cars and vans by 2030 on road to net zero emissions
18th November 2020 By: Reuters

Britain will move up a ban on new petrol and diesel cars and vans to 2030 and is eyeing 250 000 new jobs as part of a green industrial revolution, Prime Minister Boris Johnson said as he tries to... 


Sasol's board agrees to 20% fee reduction
18th November 2020 By: Reuters

South Africa's Sasol said on Wednesday its board agreed to a 20% cut in the fees proposed for approval at its 2020 annual general meeting due to erosion of shareholder value over the past two years... 


Sasol working to reset business for low-carbon world
Sasol working to reset business for low-carbon world
13th November 2020

Financially and environmentally beleaguered energy and chemicals group Sasol is working to reset its business for a low-carbon world. Engineering News Editor Terence Creamer unpacks the emerging... 


NGOs call on global investor climate initiative to intervene in Sasol shareholder issue
10th November 2020 By: Tasneem Bulbulia

Nongovernmental organisation Just Share, supported by shareholder activist organisations ShareAction (UK), Majority Action (USA), Follow This (Netherlands) and the Australasian Centre for Corporate... 


Vivo Energy resumes dividend pay on improved trading
30th October 2020 By: Reuters

Africa-focussed fuel retailer Vivo Energy said on Friday volume improved in the third quarter from the second as COVID-19 restrictions eased and it would pay a previously withdrawn 2019 final... 


BIG BOY
Bidvest Tank Terminal’s large-scale mounded LPG storage facility in Richards Bay was scheduled for completion this year
Recognition of LPG benefits in energy mix growing
16th October 2020

For many years, the benefits of liquefied petroleum gas (LPG) for South Africa “have been largely, frustratingly, moot”, according to a statement from industry association LPG South Africa (LPGSA).... 


The Secunda coal-to-liquids plant in Mpumalanga.
Sasol tax break, subsidy support boosts pollution, group says
13th October 2020 By: Bloomberg

Sasol got a R8.1-billion profit boost last year thanks to the country’s fuel subsidies and its exemption from a South African carbon tax, according to the International Institute for Sustainable... 


Fuel prices set to drop this week
Fuel prices set to drop this week
5th October 2020 By: African News Agency

The price of fuel will decrease this week, with diesel and paraffin users set to benefit the most, the mineral resources and energy department said on Sunday. As of midnight on Tuesday, the price... 


NO NEED TO IMPORT
Reduced demand will see South Africa becoming somewhat self-sufficient in terms of fuels production if all refineries are operational
Long-term demand structure for petroleum unclear
4th September 2020 By: Darren Parker

It is expected that the Covid-19 pandemic will continue to negatively affect liquid fuels demand in the short term, but whether this represents a long-term structural shift is not yet clear, says... 


BIG DELIVERIES The components for the refinery project consisted of multiple shipments delivered to the purpose-built Dangote Quay Lekki in Lagos
Heavy equipment demobilised after project completion
4th September 2020

Heavy equipment lifting and transporting company Mammoet recently began demobilising equipment it had deployed at the Dangote Petroleum Refinery and Petrochemical complex in Lekki Free Zone, in... 


A NEW GENERATION
The Gen III foam proportioner can handle all types of foam agents, even highly viscous, alcohol-resistant and fluorine-free foam agents
New proportioning system ideal for refineries
4th September 2020 By: Darren Parker

Fire-suppression systems developer FireDos launched the third generation (Gen III) of its foam proportioners for fire extinguishing systems globally at the end of last year. The technology has... 


Africa’s richest man is betting more than he’s worth on a vast oil refinery
28th August 2020 By: Bloomberg

On a peninsula east of Lagos, 30 000 workers are employed on a project that holds out the promise of transforming Nigeria’s economic fortunes. It’s here that Aliko Dangote, Africa’s richest man,... 


 Fuel price feeds inflation spike as SA consumers take another hit
Fuel price feeds inflation spike as SA consumers take another hit
26th August 2020 By: African News Agency

Statistics South Africa, a governmental organisation, reported on Wednesday a spike of 3.2% in the consumer price index, which was higher than June’s 2.2%.  The increase in CPI, a financial... 


The PetroSA GTL refinery in Mossel Bay
Six months set aside for merger of CEF’s oil and gas subsidiaries into ‘Newco’
18th August 2020 By: Terence Creamer

The process of merging the State-owned entities of PetroSA, Igas and the Strategic Fuel Fund (SFF) into an “integrated national petroleum company” will formally begin on September 1, with six... 


Sasol CEO Fleetwood Grobler
Sasol will execute rights issue in 2021 calendar year as it refines ‘ticket size’
17th August 2020 By: Terence Creamer

Debt-laden chemicals and energy group Sasol confirmed on Monday that it was preparing to execute a rights issue during the second half of its 2021 financial year, despite reporting that it was on... 


Sasol swings to R91.3bn annual loss on lower oil prices, writedown
Sasol swings to R91.3bn annual loss on lower oil prices, writedown
17th August 2020 By: Reuters

South African petrochemicals group Sasol reported an annual loss on Monday, hit by a writedown of R111.6-billion and a drop in oil and chemical prices due to the coronavirus outbreak. The world's... 


 Fuel prices set to increase in August despite strengthening rand, says AA
Fuel prices set to increase in August despite strengthening rand, says AA
29th July 2020 By: News24Wire

The Automobile Association says fuel prices are set to increase in August despite the strengthening rand. The association was commenting on unaudited month-end fuel price data released by the... 


Sasol CFO Paul Victor
Sasol narrows immediate asset-disposal focus to ‘top ten’ list
3rd July 2020 By: Terence Creamer

Chemicals and energy group Sasol has developed a list of ten major assets that will be prioritised for sale in the coming weeks and months as it moves to streamline the business into what is being... 


Two killed, seven injured in incident at Astron's Milnerton refinery
2nd July 2020 By: Marleny Arnoldi

Petrochemicals company Astron Energy has confirmed that two people were killed and seven injured in a fire at its 100 000 bbl/d Milnerton refinery, in the Western Cape, in the early hours of July... 


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