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Refineries & Retail

An attendant filling a vehicle with fuel
Petrol, diesel prices may be on track for more cuts
18th January 2023 By: News24Wire

After a steep fall in January, petrol and diesel prices are currently on track for more cuts in February, the latest information from the Central Energy Fund shows. However, recent strong gains in... 


Kibo CEO and acting chairperson Louis Coetzee
Kibo to produce synthetic oil in addition to syngas
17th January 2023 By: Darren Parker

Aim- and AltX-listed renewable-energy-focused development company Kibo Energy will potentially introduce an additional revenue stream to its 2.7 MW plastic-to-syngas power plant, which resides... 


Fuel pumps
Fuel prices headed for cut in the new year
20th December 2022 By: News24Wire

Fuel prices could be slashed by as much as R2.80 in the new year, bringing welcome reprieve to cash-strapped motorists, the latest information from the Central Energy Fund shows. The fund's data... 


Puma Energy has 184 sites with solar power
13th December 2022 By: Schalk Burger

Fuel retail chain Puma Energy says 184 of its sites are now powered, in part, by solar power installations. This accounts for about 39% of its 467 owned and leased fuel stations where solar... 


An SAA aeroplane being refueled
IATA reports great surge in sustainable aviation fuel production, but incentives still needed
7th December 2022 By: Rebecca Campbell

The International Air Transport Association (IATA), which is the representative body of the global airline industry, has estimated that the worldwide production of Sustainable Aviation Fuels (SAF)... 


Sasol shares sink after warning on Secunda challenges
1st December 2022 By: Reuters

Sasol shares fell nearly 7% after the South African petrochemicals company said it expects challenges at its Secunda operations to impact coal and fuel production, although higher crude oil prices... 


Rolls-Royce starts final stage of testing its ALECSys
18th November 2022 By: Rebecca Campbell

UK-based global major power and propulsion systems group Rolls-Royce has announced that it has had a successful start to the final stage of testing of its Advanced Low Emissions Combustion System... 


Vega launches South African headquarters
Vega launches South African headquarters
18th November 2022

German instrumentation and control company Vega opened its new South African headquarters on October 31. Situated in Lanseria, the new building incorporates Vega South Africa’s corporate offices, a... 


Mantashe pins hopes on Saudi refinery in South Africa
17th November 2022 By: News24Wire

Mineral Resources and Energy Minister Gwede Mantashe says he hopes to persuade Saudi oil giant Saudi Aramco to revive its interest in building a refinery in SA.  The Saudi-SA refinery project dates... 


Renergen resumes LNG operations following repairs
15th November 2022 By: Simone Liedtke

Emerging helium and natural gas producer Renergen’s liquified natural gas (LNG) plant, in the Free State, resumed operations following repairs to a faulty conduction oil system, which recently... 


Diesel pump
December fuel prices: Petrol set for hike, but diesel may be cut
15th November 2022 By: News24Wire

According to the latest information from the Central Energy Fund, petrol prices may be hiked in the first week of December, ahead of South Africa's peak travel season. However, diesel could ease... 


Presidential Climate Finance Task Team head Daniel Mminele
Mminele outlines Just Energy Transition Investment Plan implementation vision
10th November 2022 By: Terence Creamer

The International Partners Group (IPG) of France, Germany, the UK, the US and the EU jointly endorsed South Africa’s Just Energy Transition Investment Plan (JET-IP) during the World Leaders Summit... 


Projections for global temperature increase by 2100 above preindustrial levels based on targets and announcements from COP27.
Climate projections again point to dangerous 2.7 °C rise by 2100
10th November 2022 By: Bloomberg

The research partnership Climate Action Tracker (CAT) on Thursday released its latest projections of how greenhouse gas emissions may dangerously raise the global average temperature. The result is... 


Al Gore addressing delegates at COP27
World’s carbon dioxide hotspots pinpointed by Al Gore-backed climate project
9th November 2022 By: Bloomberg

A consortium of dozens of research nonprofits on Wednesday launched a free online platform that details greenhouse gas emissions around the world across 20 economic sectors. Climate Trace, which... 


Sasol to offer $750m of guaranteed convertible bonds
1st November 2022 By: Marleny Arnoldi

Petrochemicals giant Sasol will launch an offering of $750-million, or R13.6-billion, guaranteed senior unsecured convertible bonds on or around November 8, through an indirect wholly-owned... 


S&P upgrades Sasol to 'BB+' on debt reduction; outlook stable
31st October 2022 By: Tasneem Bulbulia

Chemicals company Sasol’s funds from operations- (FFO-)to-debt improved to 54% in the financial year ended June 30, following the company’s efforts to deleverage by using asset disposal proceeds to... 


Shell launches engine-cleaning diesel into local commercial market
28th October 2022 By: Donna Slater

Petrochemicals producer Shell Commercial Fuels launched a new formulation of its FuelSave diesel additive-based fuel in South Africa on October 28. The company says the fuel incorporates injector... 


Europe crisis spurs Botswana $2.5bn coal-to-liquid revival
25th October 2022 By: Bloomberg

Botswana is seeking to secure funding partners for a $2.5-billion plant to produce synthetic fuels from coal, a plan rekindled by the energy crisis playing out in Europe, according to its energy... 


Sasol still to determine impact of Transnet strike on its operations
20th October 2022 By: Marleny Arnoldi

Following a wage-related strike at State-owned freight utility Transnet, petrochemicals giant Sasol says it is not yet able to quantify the impact on its South African value chains. The industrial... 


Petrol pumps
Grim outlook for diesel, petrol prices next month
17th October 2022 By: News24Wire

With two weeks left before November's fuel prices are fixed, the latest information from the Central Energy Fund shows that diesel and petrol prices currently look set for increases. Based on the... 


A photo of a container ship at sea
Opinion: Towards green hydrogen – realising the maritime opportunity for South Africa
12th October 2022

In this article, Council for Scientific and Industrial Research principal research engineer Thomas Roos and Saldanha Bay Industrial Development Zone CEO Kaashifah Beukes outline the opportunities... 


South Africa should produce sustainable aviation fuels locally – WWF
5th October 2022 By: Schalk Burger

Sustainable aviation fuels (SAFs), typically made from biobased feedstocks such as energy crops, wastes and residues, can help to mitigate the greenhouse-gas emissions from South Africa’s aviation... 


Petrol price will be cut on Wednesday, but diesel gets pricier
3rd October 2022 By: News24Wire

The price of 95 unleaded petrol will be lowered by R1.02 a litre on Wednesday, while 93 petrol will be 89c cheaper, the Department of Mineral Resources and Energy announced on Monday. This will... 


ACSA increases Cape Town jet fuel reserves
3rd October 2022 By: Schalk Burger

Airports agency the Airports Company South Africa (ACSA) has managed to increase the number of jet fuel reserves at Cape Town International Airport (CTIA) and is confident that flight movements... 


PetroSA parts ways with CEO
28th September 2022 By: News24Wire

State-owned oil company PetroSA has parted ways with its CEO only two years into his contract under circumstances the company says it will not disclose.  Pragasen Naidoo, a chemical engineer and a... 


Petrol Pump
Petrol looks set for another price cut, but diesel may be hiked
14th September 2022 By: News24Wire

Almost mid-way through the month, the latest data from the Central Energy Fund show that petrol prices may be cut in the first week of October. However, diesel is on track for a price hike. Based... 


An image of Beka Schréder’s LEDNOVA luminaire
Luminaires best fit for refineries
9th September 2022 By: Leah Shelene Asaram

Leading manufacturer of luminaires Beka Schréder deems their luminaires as the best fit for zoned environments, such as oil refineries. “All products produced by Beka Schréder are locally... 


An image of Oilflow director Enoch Qua-Enoo
Shutdown of oil refineries requires more oil imports
9th September 2022 By: Leah Shelene Asaram

Local manufacturers and independent blenders of petroluem byproducts have to increase import expenses, owing to the shutdown of oil refineries, says lubricants manufacturer Oilflow director Enoch... 


A rebranded service station in Cape Town
Astron Energy starts rebranding of 850 service stations across South Africa
8th September 2022 By: Schalk Burger

Petroleum retailer Astron Energy has started rebranding its 850 service stations across South Africa. The rebrand is a key milestone in Astron’s ambition of becoming the next biggest fuel brand in... 


Official petrol, diesel prices for Sept announced
5th September 2022 By: News24Wire

The price of both 93 and 95 unleaded petrol will be lowered by R2.04 a litre on Wednesday, the Department of Mineral Resources and Energy announced on Monday. This will lower the price of 95 petrol... 


Petrol Pumps
Petrol price set to drop by over R2 per litre on Wednesday
2nd September 2022 By: News24Wire

According to the latest data from the Central Energy Fund, the price of 95 unleaded petrol is expected to fall by around R2.35 a litre on Wednesday. The price of 93 petrol could drop by around... 


Petrol pumps
Fuel prices still on track for a cut next week - but margin is shrinking
29th August 2022 By: News24Wire

According to the latest data from the Central Energy Fund, the price of 95 unleaded petrol is expected to fall by around R2.28 a litre in the first week of September. The price of 93 petrol could... 


Sasol profit surges on higher oil, chemicals prices
23rd August 2022 By: Reuters

Sasol posted a 147% jump in full-year core profit on Tuesday boosted by higher fuel and chemicals prices, helping the South African chemicals and energy firm declare its first dividend since 2019.... 


Sasol's Secunda operation
Sasol warns carbon tax could prompt it to scale back operations
22nd August 2022 By: Bloomberg

Sasol, South Africa’s second-biggest greenhouse gas emitter, sees carbon taxes posing a “significant risk” to its business and warned current proposals could cause it to curtail operations and... 


Refinery officially reopened
12th August 2022

The Durban South Training Centre, run by the Durban South Training Trust (DSTT), was officially re-opened at new premises with bigger facilities. During the July 2021 civil unrest, DSTT premises... 


Glencore to restart South African oil refinery in fourth quarter
4th August 2022 By: Reuters

Global commodities trader Glencore will restart its Cape Town oil refinery in the fourth quarter this year, more than two years after a deadly explosion shuttered the plant, Chief Executive Gary... 


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For over 60 years, VEGA has provided industry-leading products for the measurement of level, density, weight and pressure. As the inventor of the...

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