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Refineries & Retail News

Company extends life span of critical steam systems

By: Jessica Oosthuizen     9th November 2018 Professional services and project management company SNC-Lavalin completed a 40 bar high-pressure steam isolation valve replacement project last month for South African integrated chemicals company Sasol’s Group Technology division. The company was awarded the project in May of this year and the... 

Zuma to Gordhan: 'Can we do what Dudu wants?'

By: News24Wire      8th November 2018 Former president Jacob Zuma called Pravin Gordhan, then finance minister, in 2015 to try and convince him to agree to an enormously expensive deal with airplane manufacturer Airbus because his close friend Dudu Myeni wanted it. In his 68-page sworn statement delivered to the judicial commission... 

Petrol price to remain unchanged, diesel to go up 50 cents in Nov 

By: African News Agency      5th November 2018 The petrol price will remain unchanged for November but the price of diesel will increase between 47.92 cents per litre and 50.92 cents per litre, the department of energy said on Monday.  This will be a relief for motorists at the pumps after the R1 petrol price increase last month pushed the... 

Petrol price to remain unchanged, diesel to go up 50 cents in Nov

Fuel price outlook: 'Petrol price down, but diesel goes up for November' – AA

By: News24Wire      31st October 2018 Fuel prices have moderated during October, with the prospect of some relief for petrol users, although users of diesel will have to cough up more, this is according to the Automobile Association (AA), which was commenting on unaudited month-end fuel price data released by the Central Energy Fund.... 

Fuel price outlook: 'Petrol price down, but diesel goes up for November' – AA

Sasol, Indian companies join EP100 global energy-saving initiative

26th October 2018 Petrochemicals giant Sasol and Indian companies UltraTech Cement, Mahindra Vehicle Manufacturers, Mahindra Heavy Engines and Godrej Industries and Associate Companies (Gilac) last month pledged to put energy efficiency at the heart of their business growth strategies by joining EP100. EP100 is a... 

Sasol, Indian companies join EP100 global energy-saving initiative
HELEN CLARKSON Lowering energy use in sectors such as auto manufacturing, cement and chemicals production is an ambitious task

Study examines impact of strikes on South African economy

26th October 2018 Amid continued protest action at chemical and petrochemicals heavyweight Sasol, university-led research foundation the Mandela Initiative has released conclusions on its research into the topic of local strikes and labour unrest. Sasol employees and members of trade union Solidarity have been on... 

Study examines impact of strikes on South African economy
Photo by Bloomberg
PROLONGED INDUSTRIAL ACTION Sasol employees and members of trade union Solidarity have been on a go-slow since September of this year

Sasol poised to improve operational performance in 2019

26th October 2018 Integrated chemicals and energy company Sasol reported that it is well positioned to continue improved operational performance in the 2019 financial year despite electricity supply interruptions, as its sales volumes increased by 1% for its performance chemicals business owing to robust market... 

Sasol poised to improve operational performance in 2019
LOWER VOLUMES Liquid fuels sales volumes for Sasol were down 2% as a result of lower production volumes and a challenging local retail liquid fuels market

Progress made to deliver value-based company strategy

By: Paige Müller     26th October 2018 Integrated chemical and energy company Sasol’s 2018 financial year – which came to a close in June of this year – has proven positive in terms of realising the company’s strategy. “The company has made significant strides in bettering its organisational culture and advancing opportunities in its... 

Progress made to deliver value-based company strategy
REMAIN COMPETITIVE Sasol is looking to further enhance its performance by ensuring it is able to remain competitive at an oil price of $40/bl

Companies face prosecution for fixing gas cylinder prices

By: African News Agency      19th October 2018 The Competition Commission on Thursday referred to the Competition Tribunal for prosecution five Liquefied Petroleum Gas (LPG) companies for cartel conduct.  The Commission said that Totalgaz Southern Africa, Oryx Oil South Africa, KayaGas, Easigas and African Oxygen (Afrox), have been charged... 

South Africa’s synfuels know-how could give it edge as world mulls power fuels 

By: Terence Creamer     15th October 2018 The newly formed Global Alliance Power Fuels believes that South Africa is well positioned to become a leading site for the large-scale production of liquid fuels from renewable energy and has confirmed with Engineering News Online that the country is on its radar for possible future... 

South Africa’s synfuels know-how could give it edge as world mulls power fuels
Photo by Creamer Media
Transmission lines with Sasol's Secunda complex in the background, where synthetic fuels and chemicals are produced from coal

Opportunities abound for Italian entrepreneurs expanding into Africa

By: Shannon de Ryhove     12th October 2018 The Italian-South African Chamber of Trade and Industries says Italian companies are becoming increasingly positive about the opportunities offered by South Africa, which is being acknowledged as a hub from which to expand and invest into surrounding African countries, says Italian-South African... 

Govt, fuels industry mull alternative pricing framework for petrol 

By: African News Agency      11th October 2018 Government was considering capping the price of 93 unleaded petrol, Energy Minister Jeff Radebe said on Thursday. Radebe, who joined his communications counterpart, Nomvula Mokonyane, during the post-cabinet media briefing, said they were consulting the industry on the proposal. 

Govt, fuels industry mull alternative pricing framework for petrol
Energy Minister Jeff Radebe

Mini-refineries race billionaire to fix Nigerian fuel crisis

By: Bloomberg     2nd October 2018 In the race to solve a fuel-import crisis in Nigeria, Africa’s richest person faces competition from a swarm of tiny challengers. Billionaire Aliko Dangote is building a 650 000 barrel-a-day refinery in Nigeria that will help cut the nation’s $7-billion annual fuel-import bill. Such is the... 

September fuel freeze not repeated in October as prices surge 

By: Terence Creamer     1st October 2018 Energy Minister Jeff Radebe has resisted the temptation of again intervening to freeze fuel-price increases, confirming on Monday that the price of petrol and diesel will surge sharply at midnight on October 3. With both the rand/dollar exchange rate and oil prices moving against South Africa... 

September fuel freeze not repeated in October as prices surge

Polish miner JSW to work with Sasol on new plant

By: Reuters     27th September 2018 Poland's JSW, the European Union's biggest coking coal producer, said on Thursday it will cooperate with South African petrochemicals group Sasol on a project to launch a synthetic fuel plant in Poland. "Poland is an ideal place for launching a coal to fuel plant. We have valuable coal deposits... 

Global Energy Talent Index 2019 survey closes soon

20th September 2018 The third annual Global Energy Talent Index (GETI) survey is underway and open for responses. The survey is an industry-leading workforce project led by top energy recruitment firm, Airswift, and Energy Jobline, the world’s largest energy job site. The survey results will explore the opinions of... 

Sasol, Solidarity unable to reach agreement

By: Schalk Burger     19th September 2018 Trade union Solidarity and petrochemicals major Sasol were unable to reach an agreement during talks at the Commission for Conciliation, Mediation and Arbitration (CCMA) on Wednesday. Solidarity CE Dr Dirk Hermann said the mediation was deferred to get more clarity on the final Mining Charter’s... 

In situ measurement of hydrogen made possible

14th September 2018 The reliable in situ measurement of hydrogen in multiple gas process streams is something that refinery and petrochemical plant process control engineers would like to have been able to do previously, but have never had the capability to, until this year. In a global first, Norwegian laser-based... 

In situ measurement of  hydrogen made possible
HYDROGEN ANALYSER Neo Monitors has developed a method of measuring hydrogen in situ – the LaserGas II SP H2

Parliament to debate recession, fuel price hikes

By: News24Wire      12th September 2018 Parliament will debate record fuel prices and ideas for economic revival on Wednesday afternoon.  Last week Stats SA announced that SA had slipped into a technical recession - defined as two successive quarters of negative economic growth - for the first time since 2009.  

 Parliament to debate recession, fuel price hikes

New oil refinery for Uzbekistan

7th September 2018 Jizzakh Petroleum, a joint venture of Uzbekistan’s State-owned Uzbekneftegaz and Russian oil exploration company Gazprom International’s subsidiary Gas Project Development Central Asia will use American multinational conglomerate Honeywell Universal Oil Products (UOP) technologies to build a new... 

New oil refinery  for Uzbekistan
Photo by Bloomberg
NEW OIL Uzbekistan is getting a new five-million tons a year oil refinery

New partnership offers turnkey STO solutions

7th September 2018 At Marcus Evans' tenth annual Chemical/Petrochemical and Refinery Shutdowns and Turnarounds Event in San Antonio, Texas, in May, US-based business management consultant KAP Project Services and US-based industrial workforce management company Mobideo Technologies announced a strategic partnership... 

New partnership offers turnkey STO solutions
TURNING AROUND A new partnership will make Special Technical Operations easier

S African refineries pulled in two

By: Erin Steenhoff-Snethlage     7th September 2018 Local oil refineries will find it difficult to adjust to the International Maritime Organisation’s (IMO’s) new sulphur cap of 0.5% by 2020 for residual marine fuels, and the Clean Fuels Two Programme in South Africa, says South African Petroleum Industry Association (Sapia) head of strategic... 

S African refineries pulled in two
Photo by Bloomberg
LOCAL REFINERIES South African oil refineries face two main challenges

Two new refineries in the works for Nigeria

7th September 2018 As part of its refinery collocation initiative designed to boost local refining capacity to end the era of petroleum products importation, the Nigerian National Petroleum Corporation (NNPC) has hinted of plans to establish a 100 000 bbl/d brownfield refinery in both Port Harcourt and Warri in... 

Investment affected by environmental impact compliance

By: Erin Steenhoff-Snethlage     7th September 2018 South African oil refineries need to be aware of their impact on the environment to comply with changing legislation and to further investment opportunities, states Norton Rose Fulbright insurance litigation director Caroline Theodosiou. “Oil refineries need to ensure that if they are increasing... 

Investment affected  by environmental  impact compliance
Photo by Bloomberg
ENVIRONMENTAL IMPACT Oil refineries need to take steps to reduce their environmental impact to pacify investors

Sasol develops new IT solution for head office

7th September 2018 In partnership with integrated energy and chemical company Sasol’s Information Management Services (IMS) to develop and deliver an integrated information technology (IT) solution for its new head office, professional services company Turner & Townsend has helped Sasol – which is involved in... 

Sasol develops new IT solution for head office
FLEXIBLE TECHNOLOGY The use of flexible technology will make future refurbishments less complicated

Fuel-price intervention will have ‘no impact on fiscus’

By: Terence Creamer     6th September 2018 Cabinet insisted on Thursday that Energy Minister Jeff Radebe’s intervention to hold fuel prices steady in September – rather than to allow for the August under-recovery to be passed on to motorists as usual – would have no impact on the fiscus. In a statement released following its Wednesday... 

Fuel-price intervention will have ‘no impact on fiscus’

Energy Department intervenes to keep petrol price increase down

By: News24Wire      3rd September 2018 On Wednesday fuel prices will increase by just 4.9c per litre, the Department of Energy announced on Monday.  This is below the 23c to 25c per litre increase expected by the AA.  

 Energy Department intervenes to keep petrol price increase down

White workers at Sasol launch 'go-slow' ahead of Thursday strike over black staff scheme

By: Reuters     3rd September 2018 Workers from South Africa's mainly white Solidarity union started a go-slow protest at petrochemicals firm Sasol over a share scheme offered exclusively to black staff, and will launch a full strike on Thursday. The Solidarity union also said it will file a complaint to US regulators over Sasol's... 

Saldanha facility ramping up gas supply

By: Halima Frost     31st August 2018 Liquefied Petroleum Gas (LPG) supplier Avedia Energy has announced the first year of operational success of its Avedia Energy LPG storage facility in Saldanha Bay, in the Western Cape.  With the installation of the 2 000 t LPG facility and six road loading gantries built at the Saldanha terminal,... 

Saldanha facility  ramping up gas supply
THE RIGHT A MOUND A view of the gas mound and administrative building in Saldanha Bay

Solidarity to strike at Sasol over black staff scheme

By: Reuters     28th August 2018 South Africa's mainly white Solidarity union has given Sasol a 48-hour notice to strike over the energy giant's plan to launch a share ownership scheme exclusively for black staff, the union said on Tuesday. "This type of crude racial exclusion cannot be tolerated any longer. These white workers... 

South African watchdog approves Glencore's bid for Chevron assets

By: Reuters     23rd August 2018 South African competition watchdog has given Glencore's bid worth roughly $900-million for Chevron's local and Botswana assets the green light, it said on Thursday. But the Competition Commission placed a number of conditions on its approval, including the preservation of jobs after the deal and... 

No concrete plans for now to douse high petrol price

By: Kim Cloete     21st August 2018 Energy Minister Jeff Radebe has lamented the sharp rise in the petrol price but has not announced any concrete plans to douse the situation. He says a cluster of Ministers has been seconded to see what government can do to mitigate high petrol prices. He expects the Ministers to report back to... 

SA looking to Equatorial Guinea, South Sudan and Algeria for oil

By: African News Agency      21st August 2018 South Africa is looking to Algeria, Equatorial-Guinea and South Sudan for crude oil sources closer to home as the country experiences its highest fuel prices in history, Energy Minister Jeff Radebe said on Tuesday. "We are looking very aggressively to other countries, Equatorial Guinea, Algeria,... 

 SA looking to Equatorial Guinea, South Sudan and Algeria for oil
Energy Minister Jeff Radebe

Sasol FY18 headline earnings fall 22%

By: Anine Kilian     20th August 2018 Integrated chemicals and energy company Sasol on Monday reported a 22% year-on-year decrease in its headline earnings a share to R27.44 for the financial year ended June 30. Speaking at a presentation of the group’s results on Wednesday, joint president and CEO Bongani Nqwababa said core headline... 

China sells diesel to South Africa as refiners seek new export markets

By: Reuters     20th August 2018 State-run oil company Sinopec is selling diesel as far afield as South Africa as China's refiners seek homes for their surplus fuel in the latest sign of troubles in the domestic refining business. Sinopec said on Monday it shipped its first 30 000 t of diesel from its Shanghai refinery heading... 

Sasol says earnings down 22% in year to June

By: African News Agency      20th August 2018 Global integrated chemicals and energy company Sasol said on Monday its headline earnings per share dropped 22% to R27.44 in the year to June 30. Earnings before interest, taxes, depreciation, and amortization rose 10% to R52-billion and the company declared a dividend per share of R12.90. 

Rand rout threatens fuel price stability, warns AA

By: News24Wire      15th August 2018 Substantial rand weakness could undo recent fuel price stability, the Automobile Association (AA) warned on Wednesday. It was commenting on unaudited mid-month fuel price data released by the Central Energy Fund (CEF). "Almost two months of modestly improving rand strength ended in a dramatic... 

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