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Refineries & Retail

Petrol pumps
Petrol price currently on track for a cut in May
21st April 2022 By: News24Wire

According to the latest data from the Central Energy Fund, the petrol price may be lowered in the first week of May. Diesel users may still face a hike, though. With more than a week to go before... 


Green hydrogen production a key part of Sasol’s net-zero strategy
Green hydrogen production a key part of Sasol’s net-zero strategy
8th April 2022 By: Darren Parker

Energy and chemicals company Sasol senior sustainability manager Viran Pillay has reiterated that the group already has the technology to produce green hydrogen, which will form a key part of its... 


ST Energies signs MoU for filling station solar solution
8th April 2022 By: Schalk Burger

French fuel and energy multinational ST Energies has signed a memorandum of understanding (MoU) with a Shell filling station in Worcerster, in the Western Cape, to implement a sustainable solar... 


Engineering News and Mining Weekly cover image
Retaining refining capacity could pose long-term risks for South Africa
8th April 2022 By: Darren Parker

South Africa’s oil refining capacity has always been rather small when considered on a global scale, but there was some sense of national pride and of security in knowing that the country could... 


ST Energies invests in Matola supply chain to ease energy constraints in South Africa
1st April 2022 By: Donna Slater

Energy firm ST Energies has invested into a supply and storage contract with the Matola region, in Mozambique, to embed diverse energy supply chains in South Africa, supporting existing regional... 


Photo of Terence Creamer
Link between renewables and peace and security
1st April 2022

Creamer Media's Chanel de Bruyn speaks to Engineering News Editor Terence Creamer about how Russia's invasion of Ukraine has crystallised thinking globally around the energy transition, what this... 


Petrol pump
Fuel levy lowered by R1.50/litre until end of May
31st March 2022 By: News24Wire

The general fuel levy will be cut by R1.50 per litre from Wednesday next week to 31 May 2022, Finance Minister Enoch Godongwana announced on Thursday. This will reduce the levy for petrol from... 


A photo of a petrol station
Govt takes emergency action to ease pain of rising fuel prices
31st March 2022 By: Reuters

South Africa will temporarily cut the general fuel levy by 1.5C a litre until end-May, as part of emergency interventions to help cushion consumers from high domestic fuel prices, Finance Minister... 


Finance Minister Enoch Godongwana
Godongwana to announce emergency fuel price intervention this afternoon
31st March 2022 By: News24Wire

Finance Minister Enoch Godongwana is expected to announce an emergency fuel price intervention in the National Assembly on Thursday afternoon, Fin24 has learnt. Parliament's programming committee... 


Petrol Pumps
Next week’s petrol hikes may be smaller than previously feared
30th March 2022 By: News24Wire

According to the latest data from the Central Energy Fund, petrol and diesel prices currently look set for large increases on Wednesday next week – but not as big as previously expected. Based on... 


Fintech warns of dire consequences of higher transport, fuel costs for workers
23rd March 2022 By: Schalk Burger

In January, 46% of consumers who were signed up with earned wage access financial technology (fintech) company Paymenow and were requesting advances in their salaries, were trying to cover... 


ARDA executive secretary Anibor Kragha
Warning of African supply disruptions as Europe moves to wean itself off Russian energy
22nd March 2022 By: Terence Creamer

African Refiners and Distributors Association (ARDA) executive secretary Anibor Kragha believes the fossil-fuel price and supply disruptions unfolding following Russia’s invasion of Ukraine... 


Photo of Terence Creamer
Inflation, security of supply concerns as fuel prices rise
18th March 2022

Creamer Media's Chanel de Bruyn speaks to Engineering News Editor Terence Creamer about the impact of rising fuel prices on domestic inflation and what options South Africa is considering to limit... 


Petrol pumps
Record petrol, diesel price hikes now expected in April
16th March 2022 By: News24Wire

According to the latest data from the Central Energy Fund, petrol and diesel prices currently look set for record increases in the first week of April, says the Automobile Association. Based on the... 


Standard Bank Group Corporate and Investment Banking CEO Kenny Fihla
Standard Bank halts new coal-power funding, but backs gas as ‘transition fuel’
16th March 2022 By: Terence Creamer

The Standard Bank Group has become the latest South African bank to confirm that it will no longer finance new coal-fired power plants or support the expansion of existing coal-fired power plants... 


Petrol Pump
Oil mayhem: Treasury revises inflation outlook, DPE warns of 'fuel rationing' if war continues
15th March 2022 By: News24Wire

National Treasury has revised its 2022 estimates for inflation owing to the war in Ukraine from 4.8%, which was the February projection, to between 5% and 5.5% - depending on how much the oil price... 


Petrol Pump
At current oil prices, petrol and diesel are due for massive hikes in April
9th March 2022 By: News24Wire

According to the latest data from the Central Energy Fund, petrol and diesel prices currently look set for large increases in the first week of April. Local fuel prices are determined by... 


Solidarity petitions Parliament to deregulate, lower fuel prices
2nd March 2022 By: Schalk Burger

Trade union Solidarity has drafted a Parliamentary petition and is running a campaign to try to pressure the government to deregulate the petrol price and lower fuel prices. It says the government... 


Mineral Resources and Energy Minister Gwede Mantashe
Mantashe, Godongwana in talks over changes to fuel price make-up
1st March 2022 By: News24Wire

Mineral Resources and Energy Minister Gwede Mantashe says discussions are under way with Finance Minister Enoch Godongwana to review the pricing methodology for petrol. The minister made the... 


Petrol pump
From bread prices to petrol: How a war in Ukraine could hit SA pockets
25th February 2022 By: News24Wire

The conflict in Ukraine might be geographically far removed from South Africa, but its ripple effect might soon be felt by local consumers. If the Russian invasion of Ukraine - described by some as... 


An attendee pumping petrol
No fuel levy, RAF levy increases for 2022/23
23rd February 2022 By: Marleny Arnoldi

There will be no increase in either the general fuel levy or the Road Accident Fund (RAF) levy in 2022/23. The National Treasury has, instead, turned its focus to providing an overall R5.2-billion... 


Petrol pumps
Big fuel price hikes expected for March, could push petrol above R21/litre
18th February 2022 By: News24Wire

According to the latest data from the Central Energy Fund, the petrol price is currently set for a hike of around R1.25 a litre, while diesel could be increased by R1.29. Given the current outlook,... 


Mineral Resources and Energy Minister Gwede Mantashe
Mantashe confirms some RMIPPPP projects won’t close, outlines six-monthly renewables procurement tempo
15th February 2022 By: Terence Creamer

Mineral Resources and Energy Minister Gwede Mantashe confirmed on Tuesday that not all of the 11 Risk Mitigation Independent Power Producer Procurement Programme (RMIPPPP) preferred bidders would... 


Nigeria's Oando says it did not import substandard gasoline
11th February 2022 By: Reuters

Nigeria's Oando did not import poor quality petrol into the country, it said on Friday, in response to allegations by the state oil firm that it, along with three other firms, had supplied unusable... 


The Sapref refinery in South Africa
Sapref to halt operations by end-March
10th February 2022 By: Darren Parker

Shell and BP South African Petroleum Refineries (Sapref) announced on February 10 that it would freeze spending and pause refinery operations by the end of March. Established in 1963, Sapref was... 


Strong Brent crude oil, chemicals prices drive Sasol's interim Ebitda higher
8th February 2022 By: Schalk Burger

Chemicals and energy multinational Sasol expects to report a 66% to 76% increase in adjusted earnings before interest, taxes, depreciation and amortisation (Ebitda) to between R30.9-billion and... 


Mantashe to engage traditional leaders on upstream petroleum industry developments
1st February 2022 By: Creamer Media Reporter

Mineral Resources and Energy Minister Gwede Mantashe will hold a series of engagements with traditional leaders in the Eastern Cape province during February and March to discuss the latest... 


TotalEnergies, CNOOC make final decision on $10bn Uganda, Tanzania oil project
1st February 2022 By: Reuters

TotalEnergies and its partner China National Offshore Oil Corporation have reached a deal with Uganda and Tanzania to invest more than $10-billion in developing crude oil production in East Africa,... 


TotalEnergies expands its fuel distribution network in Mozambique
1st February 2022 By: Schalk Burger

Oil and gas company TotalEnergies is expanding in Mozambique with the acquisition of oil and gas company BP’s retail network, wholesale fuel business and logistics assets, which are complementary... 


Petrol pump
Fuel price hike announced for Wednesday
31st January 2022 By: News24Wire

On Wednesday, the petrol price (both 93 and 95) will be hiked by 53c a litre, while diesel prices will increase by between 79c and 80c. Illuminating paraffin price will be hiked by R1.01 a litre,... 


Solidarity attributes PetroSA retrenchments to mismanagement, poor political will
25th January 2022 By: Donna Slater

Trade union Solidarity claims that mismanagement and a lack of political will at South African national oil company PetroSA are the main reasons for a second retrenchment process instituted within... 


Vivo Energy CFO Doug Lafferty resigns to join Aston Martin
14th January 2022 By: Tasneem Bulbulia

JSE-listed African fuel and lubricants retailer Vivo Energy CFO Doug Lafferty has resigned to take up the position of CFO at Aston Martin Lagonda Group. He will, however, remain a director of Vivo... 


Petrol Pumps
Fuel prices will be cut on Wednesday
4th January 2022 By: News24Wire

Consumers are getting some relief early in the new year with fuel prices set to fall on Wednesday. The Central Energy Fund (CEF) announced on Monday that the retail price of petrol (93) will be cut... 


Zambia hikes fuel prices after removing subsidies on petroleum products
17th December 2021 By: Reuters

Zambia has increased the price of fuel after removing subsidies on petroleum products to reflect the correct price of the commodity, the energy regulator said on Thursday. The pump price of petrol... 


Sasol Secunda
Sasol confirms major downward revision to Secunda’s output amid ongoing coal problems
14th December 2021 By: Terence Creamer

Chemicals and energy group Sasol has announced a significant downward revision to its 2022 production forecast from its Secunda operations in Mpumalanga, owing to ongoing coal production problems.... 


Godongwana calls for gasoline-price reforms
12th December 2021 By: Bloomberg

Finance Minister Enoch Godongwana called for changes to the way the fuel price is calculated, after the cost of gasoline rose to a record this month. Regulated fuel prices, which include a levy... 


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