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Refineries & Retail News

Motorists warned to brace for more petrol pain 

By: News24Wire      16th January 2017 The Automobile Association on Monday warned motorists to brace for another hike in fuel prices at the end of January. Commenting on unaudited mid-month fuel price data released by the Central Energy Fund (CEF), the AA said the the rand/US dollar exchange rate has firmed slightly since the start... 

Govt's proposed fuel changes a ticking time-bomb – Naamsa

By: News24Wire      12th January 2017 Time is running out for government to avoid the oil currently refined in SA from becoming illegal, Stuart Rayner, chair of the fuel and emissions committee of the National Association of Automobile Manufacturers of South Africa (Naamsa), told Fin24 on Wednesday. Rayner explained that Naamsa... 

Petrol and diesel prices to go up on January 4

By: African News Agency      29th December 2016 The retail price of 93 octane petrol is set to rise by 50 cents a litre and 95 octane by 48 cents a litre on Wednesday January 4, the energy department announced on Thursday. According to a statement from the department, the wholesale price of diesel will go up by 39 cents a litre, while the... 

Petrol and diesel prices to go up on January 4

Petrol price could bring relief in January

By: Megan van Wyngaardt     22nd December 2016 The prospects for lower fuel prices in January currently look “fairly good”, independent agricultural economist Fanie Brink said. The Department of Energy on Thursday released its adjustment on fuel prices for the new year, which show that the price of petrol 93 (ULP & LRP) in Gauteng could... 

Petrol price could bring relief in January

In bid to revive GTL refinery, PetroSA plans gas-to-condensate swing 

By: Terence Creamer     18th November 2016 South Africa’s embattled national oil company, PetroSA, has confirmed yet another, albeit smaller, loss for 2015/16, while revealing that it is planning to use more heavy condensate as a feedstock at its gas-to-liquids (GTL) refinery in Mossel Bay, as indigenous gas resources dwindle. The swing... 

In bid to revive GTL refinery, PetroSA plans gas-to-condensate swing

As domestic oil-refinery debate continues, study highlights big jobs contribution

By: Terence Creamer     16th November 2016 The employment and economic spin-offs of South Africa’s domestic oil refining sector have received prominence in a new study, which suggests that the country’s six refineries generate yearly economic activity of more than R200-billion and sustain more than 480 000 jobs. The study, titled ‘The... 

As domestic oil-refinery debate continues, study highlights big jobs contribution

Company experiences growth despite difficult environment

     4th November 2016 Valve distributor TTV Fluval Group of companies is celebrating 18 years of success in the South African market, further illustrated and encapsulated by this year’s numerous successfully completed projects resulting in a total invoicing for valves and actuators amounting to more than R180-million.... 

Company experiences growth despite  difficult environment
SUBSEA VALVES Some of the valves supplied to national oil company PetroSA’s Mossel Bay FO Fields for R60-million

Equipment supplier extends safety range, introduces blanketing valve

     4th November 2016 Southern African specialised oil and gas equipment supplier Energas Technologies has introduced safety product manufacturer Protectoseal’s Series 10 2” tank blanketing valve (TBV) to the South African market. Introduced in  August, the company explains that the valve enables an effective method... 

Equipment supplier  extends safety range,  introduces blanketing valve
SAFETY FIRST The product enables tank blanketing which creates a blanket of inert gas in the tank’s vapour space to prevent atmospheric air from entering

Novo Energy launches CNG dispensing facility

By: Anine Kilian     28th October 2016 Natural gas supplier Novo Energy on Friday launched its compressed natural gas (CNG) dispensing station in Kew. This project is the company’s first commercial facility in Johannesburg. 

Petrol price to rise by 45 cents a litre – SA energy department

By: African News Agency      28th October 2016 The retail price of petrol will go up by 45 cents a litre for both 93 octane and 95 octane on Wednesday, November 2, South Africa’s energy department announced on Friday. Diesel rises by 63 cents a litre, while the wholesale price of illuminating paraffin increases by 57 cents a litre, the... 

Petrol price to rise by 45 cents a litre – SA energy department

Afrox opens R60m Riverhorse Valley hub

By: Shirley le Guern     24th October 2016 African Oxygen (Afrox) officially unveiled its flagship R60-million filling and engineering services hub at Riverhorse Valley to the north of Durban on Friday. The 18 000 m² site is home to a one-stop-shop for Argoshield, carbon dioxide, nitrogen, helium, medical and food-grade gases, as well as... 

Afrox opens R60m Riverhorse Valley hub

Lake Charles is value accretive in the long term

     21st October 2016 Despite the announcement in August revising the cost estimate of its Lake Charles chemicals project (LCCP) by about $2.9-billion, South African petrochemicals giant Sasol remains confident that the project is value accretive to shareholders in the long term. The project, located adjacent to... 

Lake Charles is value  accretive in the long term
LAKE CHARLES Sasol's Louisianan chemicals project is adjacent to its current chemicals operation

Strong operating performance to continue in 2017

     21st October 2016 South African petrochemicals giant Sasol CFO Paul Victor announced last month that despite the anticipated oil and currency price volatility, the company expects its strong operating performance to continue next year. Speaking at Sasol’s annual results presentation on September 12, Victor pointed... 

Strong operating performance to continue in 2017
SASOLBURG PLANT Sasol CFO Paul Victor stated that the outlook for 2017 remained reasonably positive

Petrol price hike announced

By: News24Wire      30th September 2016 The Department of Energy announced on Friday that as from Wednesday October 5 the retail price of petrol (93 octane) will increase by 44 cents a litre and that of 95 octane by 43c a litre. The wholesale price of diesel (0.05% sulphur and 0.005% sulphur) will increase by 23c a litre, while the... 

Petrol price hike announced

Petrol party turns sour with expected 51c price hike

By: News24Wire      15th September 2016 The recent period of fuel price reductions is set for a reversal as the weakening rand and stronger international petroleum prices combine to cause pain at the pumps. This is according to the Automobile Association (AA), which was commenting on unaudited mid-month fuel price data released by the... 

Petrol party turns sour with expected 51c price hike

Engen Refinery to undergo 21-day maintenance shutdown

     15th September 2016 South Africa’s second largest oil refinery Engen Refinery will undergo a planned 21-day maintenance shutdown, starting on September 19. “The planned outage will primarily focus on essential plant maintenance and inspection activities, as well as process regeneration activities,” says Engen... 

Engen Refinery to undergo 21-day maintenance shutdown

Sasol’s gearing to increase as 2017 capex forecast rises to R75bn

By: Terence Creamer     12th September 2016 Energy and chemicals group Sasol expects its capital expenditure (capex) to rise to R75-billion in 2017 and its balance sheet gearing to increase to between 25% and 35%, following the upward revision to the budget of the Lake Charles Chemical Project (LCCP), in the US, to $11-billion, from an... 

Sasol’s gearing to increase as 2017 capex forecast rises to R75bn

World Bank advises Zambia to stop power and fuel subsidies

By: African News Agency      6th September 2016 The World Bank has advised the Zambian government to cut its expenditure bill by dropping a fuel and power subsidy programme which gobbles nearly $600-million in public funds from the treasury annually. In its latest country-focused cost-cutting advisory report, the global financial institution... 

Petrol price drop to bring consumer relief

By: Megan van Wyngaardt     2nd September 2016 South African consumers can expect some relief in September, with the fuel price for 93 and 95 unleaded petrol falling by 18c/ℓ, and the diesel price dropping by 48c/ℓ. The fall is attributable to the strengthening of the rand against the dollar, which has cushioned the fuel price by about 22c/ℓ. 

Company science and engineering programme celebrates graduates

     2nd September 2016 More than 100 science and engineering university graduates and participants in petrochemicals and chemicals company Sasol’s education programmes were recognised on July 7 for successfully completing their respective degree courses from undergraduate to doctorate level. The graduates had... 

Company science and engineering programme celebrates graduates
Photo by Duane Daws
SASOLBURG PLANT The Sasol Inzalo Foundation has enabled 105 black, and predominantly female students to graduate in the past year

Egyptian petrochemicals complex expected 2021

     2nd September 2016 Egyptian petrochemicals company Carbon Holding's proposed Tahrir Petrochemicals Complex is to be located within the Ain Sokhna industrial zone, near the Gulf of Suez. Major contracts for the project have been awarded, with the construction work expected to start later this year and commissioning... 

Egyptian petrochemicals complex expected 2021
SUNRISE INDUSTRY While the oil industry in other parts of the globe is stagnating the World Bank believes there is still potential in Africa's oil industry

Ghana oil refinery showing signs of profitability

     2nd September 2016 Recent reports demonstrate that Tema Oil Refinery (TOR) – Ghana’s only oil refinery –  has begun showing signs of profitability after seven years of stagnation. The refinery posted a profit of $800 000 from its operations from February 16 to April 20, a development described by market... 

Ghana oil  refinery showing signs of profitability
REFINERY IS FINE AGAIN The Ghanaian refinery has recovered from its seven year stagnation and is showing progress

Industry challenges blunt investment in oil and gas sector

     2nd September 2016 Demand for oil and gas from markets in Africa remains high but low crude prices combined with poor physical infrastructure, inadequate logistical solutions and onerous government regulations have blunted investment in oil and gas field development, says independent oil and gas company SacOil... 

Industry challenges blunt investment in oil and gas sector
THABO KGOGO 57% of Africa’s export earnings are derived from hydrocarbons

Newest firefighting technology delivered to South Africa

By: Nadine James     2nd September 2016 Fire protection technology provider DoseTech is promoting the concept of firefighting trailer-mounted (FTM) units to the sub-Saharan Africa oil industry, and has concluded the delivery of the first system to the South African market. Further, the company is in discussions with a South African... 

Newest firefighting technology  delivered to South Africa
GERMAN ENGINEERING The FTM units are manufactured by DoseTech partner and German fire-safety product manufacturer FireDos

Nigeria, Spain to strengthen bilateral trade relationship

     2nd September 2016 Nigeria and Spain, last month expressed their readiness to strengthen their bilateral trade relationship for mutual benefit across the spectrum in the oil and gas industry. State-owned oil development corporation Nigerian National Petroleum Corporation (NNPC) group MD Dr Maikanti Kachalla Baru... 

Nigeria, Spain to strengthen bilateral trade relationship
OIL ON TAP Two Nigerian refineries and a pipeline were brought back online to address the country's petrol shortage

Opportunities for bitumen producers increased in Africa

     2nd September 2016 With there being various commitments to improve infrastructure made by African countries, bitumen producers will be assured of significant work in future, says oil industry company Royal Dutch Shell. According to figures stated in the Roads and Highways overview compiled by international... 

Opportunities for bitumen producers increased in Africa
SAPREF The 10/20 bitumen is available for direct pick-up at the Shell and BP South African Petroleum Refineries in Durban

Phase 1 of refinery expansion project to be completed this year

     2nd September 2016 The Cameroonian government is planning to complete the first phase of the expansion and modernisation works at national refinery company Sonara’s refinery later this year, which will lead to an increase in production. According to local media, the refinery – the only one in the country – has been... 

Phase 1 of refinery expansion project to be completed this year
DOGGED DEVELOPMENT The Sonara refinery has been in the process of expanding and modernising its equipment since 2013

RFO consumption expected to decline significantly by 2020

     2nd September 2016 US energy research agency Energy Information Administration (EIA) in May released a report that commented that residual fuel oil (RFO) consumption is expected to decline significantly within the next four years. RFO is one of several residuals that remain after lighter materials, including... 

Supplier development programme launched for black businesses

     2nd September 2016 Oil refining company Chevron Corporation’s local subsidiary Chevron South Africa (SA) –  which markets its fuel under the Caltex brand – last month announced a new enterprise and supplier development (E&SD) programme aimed at improving access to its value chain for black-owned businesses.  The... 

Supplier development programme launched for black businesses
CHEVRON OIL REFINERY The refinery produces petrol, diesel, jet fuel, liquefied petroleum gas and other specialty products for South Africa

Refineries mulling options in face of Clean Fuels 2 

By: Irma Venter     1st September 2016 While not able to speak on behalf of the industry, South Africa’s refineries are probably grappling with the question of whether they can afford to upgrade their facilities to produce cleaner diesel and petrol, or whether it is more cost-effective to close down, says Sasol senior technical... 

Refineries mulling options in face of Clean Fuels 2
Photo by Duane Daws
Sasol senior technical adviser Adrian Velaers

Kenya unveils plan to revive idle petroleum refinery

By: John Muchira     12th August 2016 Kenya plans to revive its obsolete petroleum refinery – which has been idle since 2013 – as it gears up for commercial crude oil production over the next two years. In a move aimed at utilising the archaic facility that has been lying idle since 2013, the government has directed state-owned Kenya... 

Petrol strike affects bus routes

By: African News Agency      2nd August 2016 Metrobus has warned commuters its buses would not operate on all scheduled trips from Tuesday owing to the ongoing strike in the petroleum industry which has resulted in depots running low on fuel. “Our depots are already running low on fuel supplies and as a result, we may be compelled to reduce... 

Union sticks to its guns as fuel stations run dry

By: African News Agency      1st August 2016 The Chemical‚ Energy‚ Paper‚ Printing‚ Wood and Allied Workers Union (Ceppwawu) said on Monday it would not back down from its nine percent wage increase demand as reports of fuel shortages in some areas trickled in. The union’s head of collective bargaining, Clement Chitja said fuel refineries... 

Union sticks to its guns as fuel stations run dry

Huge petrol price relief

By: News24Wire      29th July 2016 The pump price for a litre of petrol will be 99c a litre cheaper for all grades from next Wednesday, while the price of diesel 0.05% sulphur and diesel 0.005% sulphur will decrease by 74c and 73c a litre respectively. Motorists will now pay R12.35 a litre for unleaded petrol inland and R11.87 on... 

Huge petrol price relief

Petrol could fall by R1/litre – AA

By: News24Wire      29th July 2016 Motorists could see a drop in the petrol price by up to R1 a litre in August as the rand continues its robust run against dollar, according to the Automobile Association (AA). The organisation commented on Friday on unaudited month-end fuel price data released by the Central Energy Fund (CEF). 

Petrol could fall by R1/litre – AA

Petrol price increase to hit South African pockets

By: African News Agency      4th July 2016 Motorists will be digging deeper into their pockets as the petrol price will increase by between eight and 11 cents a litre on Wednesday. This increase follows a 52 cent increase per litre in June, a 12 cents increase in May, and an 88 cents increase in April. 

Petrol price increase to hit South African pockets

South Africa's Strategic Fuel Fund bids for Chevron refinery

By: Reuters     29th June 2016 South Africa's state-owned Strategic Fuel Fund (SFF) said on Wednesday it had offered to buy Chevron's majority stake in the country's oil refinery in Cape Town and other downstream assets as well as those in neighbouring countries. "SFF has forwarded a commercial offer to Chevron and its... 

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