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Mineral Resources and Energy Minister Gwede Mantashe has welcomed the recent appointments of a number of women to senior executive positions in the energy sector. According to the Department of...
The fall in the petrol price of recent months is set to come to an end in June, according to the latest projections released by the Automobile Association on Friday. The Association said in a...
Petrochemicals and chemicals manufacturer Sasol reports that it has opened entries for small, medium-sized and microenterprises (SMMEs) in the manufacturing, engineering services and recyclables...
Chemicals and energy group Sasol has dismissed reports that it plans to sell its fuel retail business as part of an ongoing asset disposal process, while the State-owned Central Energy Fund (CEF)...
The State-owned Central Energy Fund (CEF) is considering buying assets that have been put on the block by fuel and chemical maker Sasol as it seeks to restore itself to profitability. The CEF...
Having not had permanent CEOs since 2014, the Central Energy Fund (CEF) has now filled the position of group CEO, as well as all vacant CEO positions at its group companies, in particular at the...
The oil and gas industry is experiencing a “truly historic moment”, with prices having dropped below zero for a barrel of oil and liquefied natural gas (LNG) shipments likely to be halted in the...
Pan-African fuel and lubricant retailer and distributor Vivo Energy has reported a first-quarter gross profit of $179-million, up 6% from the first quarter of 2019, with a strong available...
With the significant drop in fuel use seen during April’s lockdown, government’s revenue from the general fuel levy (GFL), which comprises about 25% of every litre of fuel, is set to suffer a major...
Embattled chemicals and energy group Sasol reports that South Africa’s lockdown is having a significant impact on fuel demand, as well as demand for chemicals used in the mining and construction...
Stainless steel vessels and tanks supplier Metal Tank Industries has noted a definite market upswing in the past eight months, particularly in the food and beverage sector, as well as in the...
The Sapref refinery, a joint venture between Shell South Africa Refining and BP Southern Africa, has heeded the call for corporates to donate their personal protective equipment (PPE) stock to the...
The Independent Commodity Intelligence Service (ICIS) has warned the international chemical sector to prepare for an extended downturn along with lower-for-longer oil prices, both of which will...
The South African Petroleum Industry Association (Sapia) has confirmed that the production and distribution of petroleum products is continuing during the 21-day national lockdown, as the liquid...
Law firm Webber Wentzel says that, in light of the current restrictions of movement of people in South Africa to curb the spread of Covid-19, various timeframes around environmental applications...
The Durban-based petroleum refinery of fuels, lubricants and oil-based products distributor and marketer Engen has undergone a temporary controlled shut down, effective March 27, as a result of...
JSE-listed petrochemicals giant Sasol has developed a new unique blend of alcohol-based chemicals to be used in the manufacture of hand sanitisers to help address the increase in market demand for...
The type of participants attending this year’s Power & Electricity World Africa & The Solar Show are proof that Africa seeks to become less reliant on governments for its electricity supply, says...
Chemicals consultancy group Wood Mackenzie predicts the start of a downcycle in China’s petrochemicals industry. A supply overhang has hit the country’s paraxylene (PX) market, with olefins and...
Sasol’s record share plunge on Monday, coming as the oil price slumped and just days after the company credit rating was cut to junk by Moody’s Investors Service, is raising concern among investors...
South African stocks plunged to a more than four-year low on Monday, joining a global sell-off in riskier assets as oil prices collapsed more than 30%, hitting chemical and energy firm Sasol the...
The Automobile Association (AA) has said that motorists can expect "substantial fuel price reductions" next month, in part due to falling world oil prices as coronavirus fears impact global...
Glencore CEO Ivan Glasenberg on Tuesday described his company’s investment in Astron Energy oil refinery and fuel distribution station business in South Africa as “a nice short to have for the...
The National Union of Metalworkers of South Africa (Numsa), which represents about 306 000 employees at automotive components companies, petrol stations and car dealerships, has signed a three-year...
The Automobile Association has said that global declines in the price of oil since the second week of 2019 will likely give South African motorists a breather for February. According to its...
The General Electric-led group picked to build a $3.5-billion refinery in Uganda is close to making a final investment decision for the project, according to the country’s Ministry of Energy and...
There has been a signifiscant increase in demand for industrial and chemical cleaning solutions provider Gra-Tech’s chemical cleaning of package boilers, as industries in which package boilers are...
JSE-listed Vivo Energy has confirmed that its subsidiary in Morocco has received a report from the investigators in charge of the Conseil de la Concurrence’s (CdC’s) ongoing review of the...
Unleaded 95 Octane petrol is expected to drop by eight cents a litre in February, but 93 Octane petrol, diesel and illuminating paraffin are all set to increase at month-end due to the tensions...
Generator and compressor rental company Rand Air’s oil-free compressors, portable generators and nitrogen generators ensure ‘well-oiled’ refinery shutdowns, says Rand Air Durban area manager Rudi...
The retail price of both grades of petrol sold in South Africa will rise by 22 cents a litre from Wednesday while the wholesale price of diesel will dip by as much as 15.95 cents, a statement from...
Sasol, South Africa’s second-biggest polluter, angered some of its investors by refusing to put a resolution on its response to climate change to shareholders and could face legal challenges if it...
Sasol, South Africa’s second-biggest producer of greenhouse gases after State-owned Eskom Holdings, pledged more clarity on plans to reduce its impact on the environment. The company, which...
Tanzania has received a $1-billion syndicated loan arranged by the Trade and Development Bank for infrastructure projects and is seeking an additional $500-million from the regional lender, the...
JSE- and NYSE-listed Sasol expects its headline earnings per share (HEPS) for the six months to end December 31, to be at least 20%, or R4.65, lower than the HEPS of R23.25 reported for the six...
With the intent of growing and expanding its retail business footprint, integrated chemicals and energy company Sasol is adapting its processes to best suit consumer needs.
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