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,... 

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... 

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,... 

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... 

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... 

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 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... 

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.... 

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... 

Afine Investments, which holds a portfolio of income generating immovable properties focused on the petroleum sector in South Africa, plans to list as a real estate investment trust (Reit) on the... 

Some motorists unwittingly paid 6c/litre more per litre of fuel than they should have on Wednesday morning. This was before the Department of Mineral Resources and Energy admitted that it had made... 

While the petrol price still went up on Wednesday, it was by 75c per litre, and not 81c as the department of mineral resources and energy incorrectly stated this week.  "The 6 cents difference is... 

The petrol price will be hiked by 81c a litre on Wednesday, while diesel will go up by between 72.5c a litre (0.05% sulphur) and 74.5c (0.005% sulphur), the department of mineral resources and... 

Trading giant Vitol Group agreed to buy Vivo Energy in a deal valuing the fuel retailer at about $2.3-billion. The deal will bring Vivo assets back in house for the oil trader, which sold shares in... 

JSE-listed energy multinational Vivo Energy has appointed Stanislas Mittelman as CEO designate. He will succeed CEO Christian Chammas, who will step down in 2022. 

South Africa’s petrole prices are set to rise to a record on Wednesday, adding to inflationary pressures in an economy that imports almost all of its fuel. The retail cost of 95-octane gasoline... 

South Africa is considering buying the country’s biggest oil refinery, a joint venture between Royal Dutch Shell and BP, known as Sapref. The State-owned Central Energy Fund (CEF), which manages... 

Nonprofit shareholder activism organisation JustShare on October 26 said petrochemicals company Sasol had refused to table the sixth shareholder-proposed resolution filed with the company in five... 

Investment management company Sakhumnotho has acquired a 26% stake in the privately owned petrochemicals company Refinex and bulk liquid storage company South African Tank Terminals (SATT). This... 

Sasol posted a 44% rise in first-quarter revenue in its main chemicals business on higher chemical and crude oil prices, it said on Thursday. Revenue from its chemicals business, which accounts for... 

A "catastrophic" fuel price hike is on the cards for November, the Automobile Association (AA) has warned. Based on its calculations, R20 per litre for petrol was "realistic" before the end of the... 

The ‘Doubling of Liquefied Petroleum Gas (LPG) Market’ initiative, driven by the Department of Mineral Resources and Energy (DMRE) and the Liquefied Petroleum Gas Association of South Africa... 

Multinational conglomerate General Electric Company (GE) Gas Power strategy & growth director Michael Konadu tells Mining Weekly that although there is no one solution to decrease South Africa’s... 

Fuel prices for petrol and liquefied petroleum gas (LPG) will decrease from October 6, while diesel and illuminating paraffin prices will increase. Prices for 93-octane petrol will decrease by 4c/ℓ... 

Multinational industrial gas company Air Liquide’s acquisition of integrated chemicals and energy company Sasol’s 16 Air Separation Units (ASUs) in Secunda, Mpumalanga has now been finalised. The... 

Work-at-height company Skyriders has added the Zenith robotic inspection device –a new vertical inspection technology – to its portfolio of services. The winch-operated pan-tilt-zoom camera drone... 

South Africa’s “laughably weak and ineffective” carbon tax regime is no disincentive to carbon-intensive businesses, such as integrated chemicals and energy company Sasol, environmental activist... 

Integrated chemicals and energy company Sasol has donated mobile clinics, vaccine carriers, laptops, specialised World Health Organisation-approved medical refrigerators and freezers, as well as... 

With South African retailers looking for ways of recovering from the latest lockdown, as well as the looting and vandalism, an opportunity to decrease costs on the system that comprises the bulk of... 

Africa's richest man Aliko Dangote is in talks with some of the world's biggest oil traders to help finance his mega refinery project outside of Nigeria's commercial centre Lagos, sources with... 

With margin erosion owing to poor implementation of the Regulatory Accounts System (RAS) leading to fuel retail outlets under-recovering about 12c a litre and alternatives to fuels being driven by... 

A giant oil refinery complex being built in Nigeria by a company owned by Aliko Dangote, Africa’s richest person, will cost more than double the amount originally projected. “Our capex will almost... 

The legislation has not caught up with where the gas industry needs it to be, says gas producer Renergen CEO and MD Stefano Marani. Technical aspects that are critical to companies’ decision-making... 

Integrated energy and chemicalS company Sasol has donated equipment to the Free State provincial government to support the roll-out of Covid-19 vaccines. The equipment included a custom-built... 

The latest calculations by the Central Energy Fund show that – at the current levels of the dollar/rand rate and oil prices – diesel prices may be cut slightly in September, while petrol could be...