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While the petrol price still went up on Wednesday, it was by 75c per litre, and not 81c as the department of mineral resources and energy incorrectly stated this week. "The 6 cents difference is...
The petrol price will be hiked by 81c a litre on Wednesday, while diesel will go up by between 72.5c a litre (0.05% sulphur) and 74.5c (0.005% sulphur), the department of mineral resources and...
Trading giant Vitol Group agreed to buy Vivo Energy in a deal valuing the fuel retailer at about $2.3-billion. The deal will bring Vivo assets back in house for the oil trader, which sold shares in...
JSE-listed energy multinational Vivo Energy has appointed Stanislas Mittelman as CEO designate. He will succeed CEO Christian Chammas, who will step down in 2022.
South Africa’s petrole prices are set to rise to a record on Wednesday, adding to inflationary pressures in an economy that imports almost all of its fuel. The retail cost of 95-octane gasoline...
South Africa is considering buying the country’s biggest oil refinery, a joint venture between Royal Dutch Shell and BP, known as Sapref. The State-owned Central Energy Fund (CEF), which manages...
Nonprofit shareholder activism organisation JustShare on October 26 said petrochemicals company Sasol had refused to table the sixth shareholder-proposed resolution filed with the company in five...
Investment management company Sakhumnotho has acquired a 26% stake in the privately owned petrochemicals company Refinex and bulk liquid storage company South African Tank Terminals (SATT). This...
Sasol posted a 44% rise in first-quarter revenue in its main chemicals business on higher chemical and crude oil prices, it said on Thursday. Revenue from its chemicals business, which accounts for...
A "catastrophic" fuel price hike is on the cards for November, the Automobile Association (AA) has warned. Based on its calculations, R20 per litre for petrol was "realistic" before the end of the...
The ‘Doubling of Liquefied Petroleum Gas (LPG) Market’ initiative, driven by the Department of Mineral Resources and Energy (DMRE) and the Liquefied Petroleum Gas Association of South Africa...
Multinational conglomerate General Electric Company (GE) Gas Power strategy & growth director Michael Konadu tells Mining Weekly that although there is no one solution to decrease South Africa’s...
Fuel prices for petrol and liquefied petroleum gas (LPG) will decrease from October 6, while diesel and illuminating paraffin prices will increase. Prices for 93-octane petrol will decrease by 4c/ℓ...
Multinational industrial gas company Air Liquide’s acquisition of integrated chemicals and energy company Sasol’s 16 Air Separation Units (ASUs) in Secunda, Mpumalanga has now been finalised. The...
Work-at-height company Skyriders has added the Zenith robotic inspection device –a new vertical inspection technology – to its portfolio of services. The winch-operated pan-tilt-zoom camera drone...
South Africa’s “laughably weak and ineffective” carbon tax regime is no disincentive to carbon-intensive businesses, such as integrated chemicals and energy company Sasol, environmental activist...
Integrated chemicals and energy company Sasol has donated mobile clinics, vaccine carriers, laptops, specialised World Health Organisation-approved medical refrigerators and freezers, as well as...
With South African retailers looking for ways of recovering from the latest lockdown, as well as the looting and vandalism, an opportunity to decrease costs on the system that comprises the bulk of...
Africa's richest man Aliko Dangote is in talks with some of the world's biggest oil traders to help finance his mega refinery project outside of Nigeria's commercial centre Lagos, sources with...
With margin erosion owing to poor implementation of the Regulatory Accounts System (RAS) leading to fuel retail outlets under-recovering about 12c a litre and alternatives to fuels being driven by...
A giant oil refinery complex being built in Nigeria by a company owned by Aliko Dangote, Africa’s richest person, will cost more than double the amount originally projected. “Our capex will almost...
The legislation has not caught up with where the gas industry needs it to be, says gas producer Renergen CEO and MD Stefano Marani. Technical aspects that are critical to companies’ decision-making...
Integrated energy and chemicalS company Sasol has donated equipment to the Free State provincial government to support the roll-out of Covid-19 vaccines. The equipment included a custom-built...
The latest calculations by the Central Energy Fund show that – at the current levels of the dollar/rand rate and oil prices – diesel prices may be cut slightly in September, while petrol could be...
Chemicals and energy company Sasol reports that its earnings a share for the financial year ended June 30, are expected to be between R12 and R18, compared with the loss a share of R148.49 reported...
Nigeria’s government approved major transport and energy investments, including a stake in a giant private refinery, that are expected to cost $15.4-billion. Ministers in the West African nation...
Energy and chemicals company Sasol has committed R10-million to help rebuild businesses and communities that have been devastated by the recent unrest in KwaZulu-Natal and Gauteng. The funds were...
All Caltex-branded service stations in South Africa and Botswana will be rebranded as Astron Energy. Astron owns South Africa’s second largest petroleum network and there are over 850...
African nations need to spend about $15.7-billion on their refineries to curb emissions and meet climate-change targets as demand for oil and gas surges, according to an industry lobby group....
The family of energy industry veteran Dr Thabo Kgogo has advised of his passing from Covid-19 complications on July 30. Most recently, he served as CEO of asset manager Gemcorp Energy’s...
Integrated energy and chemicals multinational Sasol's energy business had delivered a satisfactory performance, in line with expectations, for the financial year ended June 30. The company on July...
Energy and chemicals company Sasol's Secunda operations has, in partnership with the Mpumalanga government, launched a five-day Covid-19 vaccination drive, starting on July 26. This formed part of...
South Africa's largest crude oil refinery, Sapref, will begin restarting on July 21, after temporarily shutting down as a wave of violent looting swept across the country, the operators said in a...
Gas supplier Afrox says it is working with the authorities and that hospital deliveries to areas affected by civil strife remain a priority where police escort is available. As a result of the...
State-owned freight logistics group Transnet says increased surveillance and security measures put in place along the Transnet Pipelines network has led to a further two suspects being arrested for...
Materials testing and inspection service provider Dekra Industrial has joined forces with aerial solutions and drone services company Sky Africa Drones to offer a drone inspection service that...
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