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Refineries & Retail News

Petrol price to dip by 13 cents, paraffin by 31 cents from Wednesday

By: African News Agency      5th November 2019 The retail price of both grades of petrol sold in South Africa will decrease by 13 cents a litre from Wednesday and the wholesale price of diesel will fall by as much as 16 cents, the energy department has said. In a statement, the department said the retail prices of illuminating paraffin, used... 

Petrol, diesel should be slightly cheaper next week – AA

By: News24Wire      29th October 2019 The Automobile Association is anticipating fuel price drops in November of between 8c and 18c per litre for petrol, 14c for diesel, and 21c for illuminating paraffin”.  This is in the wake of oil price retreats in October, the AA said in a statement on Tuesday, commenting on unaudited month-end... 

 Petrol, diesel should be slightly cheaper next week – AA

Petrol price cuts are now on the cards

By: News24Wire      23rd October 2019 A combination of falling oil prices and a surprise rally in the rand may ease the financial pressure on motorists at the pump in the first week of November. The latest data from the Central Energy Fund shows that petrol prices could be cut by between 3c a litre (95 unleaded) to 15c (93), while... 

 Petrol price cuts are now on the cards

Sapref appoints new MD

By: Creamer Media Reporter      17th October 2019 Victor Bester has been appointed MD of the Sapref crude oil refinery, in KwaZulu-Natal. He succeeds Ton Wielers, whose assignment has come to an end after almost six years at the refinery. 

Sapref appoints new MD
Sapref MD Victor Bester

Numsa rejects employers proposal in motor retail, components sector

By: African News Agency      14th October 2019 The National Union of Metalworkers of South Africa (Numsa) has rejected the latest wage agreement proposals by employer bodies in the motor retail and components sectors, Numsa said on Sunday. Numsa had met employer bodies from the Motor Industries Bargaining Council (Mibco) for the last day of... 

Fuel pumps supplied to revamped filling station

By: Darren Parker     4th October 2019 Local fuel pump manufacturer and supplier Prowalco Tatsuno completed the refurbishment of a filling station, in Pretoria, for private owner and developer Marius Smith last month. The project is worth about R6-million. 

Fuel pumps supplied to revamped filling station
FUEL-FILLING SUPPLY The Icon 1000 series’ state-of-the-art technology keeps the fuel flowing

IPO for South African fuel giant Engen planned for 2020

By: , Bloomberg     1st October 2019 Petroliam Nasional and its South African partners plan to conduct an initial public offering in their fuel retailer Engen to fund the upgrade of a refinery in the coastal city of Durban and to expand its network of gas stations. A yet to be decided amount of shares in the company, which is South... 

More painful petrol, diesel price hikes ahead

By: News24Wire      26th September 2019 All hope of a fuel price cut in October is likely lost, according to the latest data from the Central Energy Fund. A strong rand rally at the start of September initially put the petrol price on track for a cut in the first week of October. But then an attack on a major oil facility in Saudi... 

 More painful petrol, diesel price hikes ahead

SA SME Fund, Masisizane Fund partner to create black fuel franchise owners

By: Creamer Media Reporter      26th September 2019 Investment vehicle, the SA SME Fund has partnered with nonprofit initiative Masisizane Fund to create a R70-million fund – the Masisizane Franchise Fund – to invest in black-owned fuel station dealerships. The fund is expected to create long-term wealth and economic opportunities for black... 

Ships set to burn raw crude oil to beat new clean fuel rules 

By: , Bloomberg     26th September 2019 For almost three years, the oil industry has been puzzling over how to supply merchant ships with fuel that will meet tough new environmental standards. Turns out part of the solution was sitting in the ground and under ocean floors all the while: crude oil. Oil from off the U.K.’s coast, which... 

Nigerian state oil company says refinery revamps set for January

By: Reuters     23rd September 2019 Full restoration work on all three of Nigeria's state-owned refineries will begin in January, the Nigerian National Petroleum Corporation (NNPC) said in a statement on Saturday. NNPC chief Mele Kyari said the company "will do everything possible between October and December" to make the projects... 

Integrating circular-economy approach to waste oil holds promise

By: Schalk Burger     20th September 2019 Moving towards a more circular economy - which is based on the principle of using, recycling, and reusing in an (almost) closed loop - could deliver opportunities including reduced pressures on the environment, enhanced security of supply of raw materials, increased competitiveness, innovation,... 

FRA to act against illegal wholesale diesel trade 

By: Mamaili Mamaila     19th September 2019 The illegal trade of wholesale diesel to retail customers has had dire consequences for the fuel retail industry, Fuel Retail Association (FRA) CEO Reggie Sibiya said on Thursday. “It is a serious problem. This thing is like cancer [and it] is killing our businesses,” he said during the second... 

FRA to act against illegal wholesale diesel trade
Photo by Creamer Media's Mamaili Mamaila
FRA CEO Reggie Sibiya

South Africa calls for dialogue after attack on Saudi oil facilities

By: News24Wire      19th September 2019 The escalation of conflict in the Middle East has prompted the South African government to call for dialogue to avoid rising tensions. This relates to an attack on two key Saudi Arabian oil facilities on Saturday. The attack has already taken its toll on the rand and has led to a rise in oil... 

South Africa calls for dialogue after attack on Saudi oil facilities

Sasol is said to plan sale of its South African coal mining unit

By: , Bloomberg     18th September 2019 Sasol is planning to sell its South African coal-mining business, according to people familiar with the matter. The company will begin a formal sales process in the coming weeks, said the people, who asked not to be identified as the information isn’t public yet. The mining business had turnover... 

Sasol is said to plan sale of its South African coal mining unit

SA petrol price still expected to decrease in October – AA

By: News24Wire      17th September 2019 An attack on a major oil facility in Saudi Arabia means that a predicted drop in the petrol price for October will be lower than anticipated, according to the Automobile Association. It now expects the price of a litre of 95 octane petrol to drop by 5 cents, and a litre of 93 octane by 20 cents... 

 SA petrol price still expected to decrease in October – AA

SA was on track for a petrol price cut – then kamikaze drones struck Saudi oil plants 

By: News24Wire      16th September 2019 A record spike in the oil price – which jumped 20% at the start of trading on Monday – has probably dashed all hopes of a South African fuel price cut in October. On Saturday, ten drones struck two Saudi oil facilities – which affected half of that country’s oil output, or 5% of the world’s oil... 

 SA was on track for a petrol price cut – then kamikaze drones struck Saudi oil plants

Durban Aerotropolis to drive investment across KwaZulu-Natal

By: Shirley le Guern     16th September 2019 The proposed R1-trillion Durban Aerotropolis would be the hub of the KwaZulu-Natal economy and would not only connect the country’s second-largest economy with the rest of Africa and the world, but also drive billions worth of investment across the province, Premier Sihle Zikalala told guests at... 

Durban Aerotropolis to drive investment across KwaZulu-Natal
KwaZulu-Natal Premier Sihle Zikalala

PetroSA may run out of domestic supplies by the end of next year 

By: Kim Cloete     10th September 2019 South Africa’s national oil company, PetroSA, is facing an ongoing crisis, with concerns that its Mossel Bay gas-to-liquid (GTL) refinery may run out of domestic supplies by the end of next year. “Reserves are close to depletion and are expected to run out by December 2020 and there is still no... 

PetroSA may run out of domestic supplies by the end of next year

Company to use virtual reality to enhance offering for refineries

By: Mamaili Mamaila     6th September 2019 Spray technology distributor Monitor Engineering is currently ordering a virtual reality system that will enable the company to show clients how its spray nozzles and spray systems operate in their applications. 

Company to use virtual reality to enhance  offering for refineries
WINDOW OF OPPORTUNITY While 4IR may bring about the reality of job losses, it could also present added benefits that the country may not be aware of as yet

New vaporising regulator increases accuracy and reliability

6th September 2019 Automation and control solutions provider Emerson Electric has introduced the first vaporising pressure reducing regulator for gas chromatograph analysers. The new TESCOM44-6800 Series Vaporising Regulator offers the option to separate the regulator body from the electronic enclosure, without... 

New vaporising regulator increases accuracy and reliability
CONTROL FREAK The series of controllers ensure optimal performance and safety in locations rated as hazardous

Engen refinery to undergo planned routine maintenance

By: Creamer Media Reporter      30th August 2019 South Africa's second-largest oil refinery, the Engen Refinery, in KwaZulu-Natal, will undergo a planned maintenance outage from September 2. The outage forms part of the refinery’s ongoing maintenance programme, with 21 days set aside for reformer regeneration activities and 63 days for... 

Weak rand behind likely fuel price hikes in September – AA

By: News24Wire      28th August 2019 Weakness in the rand is expected to drive a fuel price spike in September, the Automobile Association (AA) has said. In a statement issued on Wednesday afternoon, the AA commented on unaudited month-end fuel price data released by the Central Energy Fund (CAF). 

 Weak rand behind likely fuel price hikes in September – AA

Nigeria's huge Dangote oil refinery delayed until end of 2020 

By: Reuters     12th August 2019 Africa's largest oil refinery will not be finished until the end of 2020 due to problems importing steel and other equipment, executives at Dangote, which is building the facility in the Nigerian commercial hub of Lagos, told Reuters. Nigeria, Africa's most populous nation, imports virtually all... 

Learnership programme in sealing industry reaping fruit

By: Khutso Maphatsoe     9th August 2019 Since the introduction of sealing products manufacturer KLINGER Mzansi’s training academy in 2017, the company has received continuous enquiries from companies about the learnership programme offered at the academy. “Our customers have enquired regarding sending their staff members for correct... 

Learnership programme in sealing industry reaping fruit
IMPROVING LIVES The programme will contribute towards the country’s economy and provide skills and opportunities in the sealing industry

Forensic audit into sale of SA fuel stocks complete – Mantashe

By: African News Agency      11th July 2019 A forensic probe into the selling off of South Africa's strategic fuel stocks was complete, Mineral Resources and Energy Minister Gwede Mantashe said on Thursday. Tabling the energy department's budget vote, Mantashe said: "The forensic audit into the developments at the SFF [Strategic Fuel Fund]... 

Forensic probe into 2015 sale of strategic fuel stocks complete – Mantashe

By: News24Wire      10th July 2019 A forensic probe into how South Africa's strategic fuel stock was sold off in late 2015 has been completed and will be submitted to Gwede Mantashe, Minister of Energy and Mineral Resources. Mantashe wrote in a recent Parliamentary reply that the investigation had been wrapped up and the report... 

Fuel prices to decrease on Wednesday

By: African News Agency      30th June 2019 Fuel prices will decrease on Wednesday the department of energy has announced. In a statement on Friday the department said the combined cumulative petrol and diesel slate balances at the end of May 2019 amounted to a negative balance of R469-million.  

Petrol price to drop by 96c a litre

By: African News Agency      28th June 2019 Fuel prices will decrease on Wednesday the department of energy has announced. In a statement on Friday the department said the combined cumulative petrol and diesel slate balances at the end of May 2019 amounted to a negative balance of R469-million.  

Large fuel price drop expected for July says AA

By: News24Wire      27th June 2019 Lower international oil prices have set up a substantial fuel price drop for July, according to the Automobile Association. In a fuel price prediction on Thursday, the association said it is expecting the petrol to drop by 86 cents a litre, diesel by 68 cents, and illuminating paraffin by 58... 

 Large fuel price drop expected for July says AA

South Africa working on new oil, gas policy to enable growth 

By: , Bloomberg     26th June 2019 South Africa is working on a policy to govern the development of oil and gas resources after calls by potential investors to shield the industry from a long-running debate over laws that apply to mining exploration. The finalising of oil legislation has become more urgent since Total announced... 

South Africa working on new oil, gas policy to enable growth
Mineral Resources and Energy Minister Gwede Mantashe

Campaign groups accuse Total of breaching French corporate duty law in Uganda

By: Reuters     25th June 2019 French and Ugandan campaign groups including Friends of the Earth have filed a legal notification with Total, claiming it has failed to address the human and environmental impact of its Ugandan operations as required by French law. Under France's Corporate Duty of Vigilance regulation, large... 

Vivo Energy in joint venture to accelerate growth of KFC franchise in East Africa

By: African News Agency      20th June 2019 Vivo Energy said on Thursday it had agreed to form a joint venture with Kuku Foods East Africa Holdings, the owner of KFC franchises in East Africa, to accelerate the growth of its current franchise portfolio of 30 restaurants in Kenya, Uganda and Rwanda. Vivo Energy, the pan-African retailer and... 

Good news for SA motorists! Huge 91c fuel price drop – AA 

By: News24Wire      14th June 2019 Retreating oil prices have painted a rosier picture for South African fuel users than has been the case for much of 2019.  This is according to the Automobile Association which was commenting on unaudited mid-month fuel price data released by the Central Energy Fund. At this stage of the month,... 

Good news for SA motorists! Huge 91c fuel price drop – AA

Environmental organisations take Highveld pollution matter to court 

By: Marleny Arnoldi     10th June 2019 Environmental justice group groundWork and community organisation Vukani Environment Justice Movement in Action have launched “landmark litigation”, demanding that government clean up the air in the Mpumalanga Highveld. GroundWork and Vukani on June 7 served papers to the High Court, asking that... 

Environmental organisations take Highveld pollution matter to court

Sasol secures $1.8bn for Lake Charles project 

By: Marleny Arnoldi     7th June 2019 JSE-listed petrochemicals company Sasol announced on Friday that its subsidiary Sasol Financing USA had entered into new US dollar-denominated senior unsecured credit facilities, comprising a $1.6-billion term loan facility and a $150-million revolving credit facility. The facilities have a... 

Sasol secures $1.8bn for Lake Charles project
Sasol's Lake Charles Chemical Project

Oil giants' chemical lifeline threatened by plastic-trash crisis

By: , Bloomberg     6th June 2019 As the world strives to wean itself off fossil fuels, oil companies have been turning to plastic as the key to their future. Now even that’s looking overly optimistic. The global crackdown on plastic trash threatens to take a big chunk out of demand growth just as oil companies like Saudi Aramco... 

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