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Old Mutual Investment Managers said it plans to vote against a number of resolutions at the Nov. 17 annual general meeting of petrochemicals and fuel company, Sasol , because of its poor...
The full ramp up of Africa’s largest oil refinery, a landmark moment for crude and fuel markets both regionally and beyond, is still a long way off. The Dangote plant in Nigeria just concluded a...
Energy and chemicals company Sasol has taken exception to nonprofit organisation Just Share accusing it of shirking its responsibility to meet its previously stated goal of reducing its...
Nigeria's State oil firm NNPC will supply the new 650 000 bl/d Dangote oil refinery with up to six cargoes of crude oil in December to be used in test runs, three industry sources with knowledge of...
The price of both grades of unleaded petrol (93 and 95) will be lowered by R1.78 a litre on Wednesday, while diesel wholesale prices will be cut by between 82c and 85c depending on the sulphur...
A significant decline in petrol and diesel prices is expected for November, according to unaudited data from the Central Energy Fund. The data suggests that the price of unleaded petrol 95 will...
Despite continued market volatility and inflationary pressure, petrochemicals group Sasol’s Energy business has noted an improvement in performance in the first quarter of the 2024 financial year,...
Based on the current oil, international fuel and rand prices, the latest data from the Central Energy Fund shows that petrol prices could be cut by around R1.90 a litre in November, while diesel...
Energy companies Chevron Brands International and Astron Energy have entered into an agreement to extend the existing Caltex use rights and debrand agreements for South Africa and Botswana until...
Motorists can expect hikes of over R1 for all grades of fuel from Wednesday. The unleaded petrol price (95) will be hiked by R1.14 a litre, while 93 will be increased by R1.08. Diesel (0.05%...
In this article, South African Petroleum Industry Association (SAPIA) executive director Avhapfani Tshifularo writes about the association's support for the Clean Fuels 2 initiative and the...
JSE-listed energy company Sasol has placed on hold the implementation of its planned additional gas reforming capacity at its Secunda plant, in Mpumalanga. Speaking at an investor site visit on...
Different renewable energy, energy storage and/or generator solutions can partially address small businesses' energy related challenges, and funding to install such solutions in small businesses is...
Based on the current oil and rand prices, the latest data from the Central Energy Fund shows that diesel prices may be hiked by around R2 a litre, depending on the grade. Petrol 95 and 93 unleaded...
Glencore is in negotiations with the South African government about a pledge to invest R6-billion in the Cape Town refinery, as the company is set to miss the deadline following an explosion that...
Asia is expected to witness the highest refinery fluid catalytic cracking unit (FCCU) capacity additions globally between 2023 and 2027, contributing about 58% of the total capacity additions by...
Recent deepwater discoveries and fiscal policy improvements have contributed to a significant uptick in investments in Angola’s oil and gas industry, says energy advocacy group African Energy...
Lubrication and industrial equipment specialist ISO-Reliability Partners’ desiccant breather range is a cost-effective solution to prevent fuel contamination. Companies can reduce internal tank...
Industrial services specialist WSG Energy Services (WSGES) of Singapore has secured multiple contracts for floating production, storage and offloading (FPSO) vessel projects with a combined value...
A lack of knowledge about fuel contaminants results in inadequate fuel protection during the various stages of distribution and storage, and these contaminants can negatively impact the efficient...
Chemicals and energy group Sasol has signed a three-year agreement to work with international carbon solutions provider Vertree Partners on access to carbon credits and climate investments. In a...
The increase in fuel prices for September will force transporters to increase their pricing to cover the higher diesel costs, member organisation the Road Freight Association (RFA) CEO Gavin Kelly...
On Wednesday, the petrol price (both 93 and 95 unleaded) will be hiked by R1.71 a litre. The wholesale price of diesel will be increased by a painful R2.84 a litre. According to the Automobile...
The European Union is scouting Africa to back clean jet fuel projects under its Global Gateway infrastructure fund, an EU official said, ahead of an anticipated boom in demand for environmentally...
Sasol’s appeal of the National Air Quality Officer’s (NAQO’s) July 11 refusal to approve an alternative approach for measuring the sulphur dioxide (SO2) emissions from the 17 coal boilers at the...
Engineering News editor Terence Creamer speaks about the latest developments at Sasol's Secunda operation, including the R36-billion impairment Sasol has taken, what this means for the Secunda...
Energy and chemicals group Sasol says it is continuing to assess several technology and feedstock solutions to bolster post-2030 liquid fuels and chemicals volumes at its Secunda refinery, in...
South African petrochemicals major Sasol posted a 13% rise in annual profit on Wednesday as better operations in the second half offset the impact of weaker crude prices. The company said its...
JSE-listed energy and chemicals multinational Sasol says it expects to report a 2% to 16% year-on-year decrease in adjusted earnings before interest, taxes, depreciation and amortisation (Ebitda)...
With many highly flammable substances being processed and the varying risks of fire hazards and explosive potential on chemical and petrochemical plants, fire protection has become a major...
Despite setbacks on account of Covid-19 lockdowns and economic downturns in South Africa, lubricants distributor African Group Lubricants (AGL) has boosted its operational capacity by 500% through...
On Wednesday, unleaded petrol (both 93 and 95) will be hiked by 37c a litre, while diesel will increase by 72c a litre. The latest hikes will bring the price of 95 unleaded petrol to R22.83 a litre...
Fuel price hikes are expected for all fuel grades in August, unaudited data from the Central Energy Fund has shown. The data suggests petrol ULP95 will climb by around 35 cents a litre, and petrol...
Chemicals and energy company Sasol reports that its energy business showed notable improvements in operational and business performance in the second half of the 2023 financial year, ended June 30,...
Around 83% of people stopping at a service station for fuel also shop at the forecourt retail offering, says Trade Intelligence business development and advisory lead Andrea Ellens. Only 4% of...
A South African inquest found preliminary evidence that five people, including unit operators and a shift team leader, were "negligent" and caused a deadly explosion at Astron Energy's Cape Town...
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