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Refineries & Retail

An image of the 2023 African Energy Week central stage
Event to highlight key African projects
28th June 2024

The upcoming African Energy Week (AEW): Invest in African Energy 2024 conference will focus on critical industry issues and investment opportunities in Africa's energy sector, including discussion... 


Tribunal approves Prax’s Natref stake buyout, with conditions
27th June 2024 By: Schalk Burger

The Competition Tribunal has approved the merger in which oil refining and logistics company Prax will acquire energy company TotalEnergies' interest in refinery National Petroleum Refiners of... 


Solar PV panels installed at the Engen Meadowridge fuel station
Solar PV panels rolled out at 150 Engen fuel stations in Southern Africa
11th June 2024 By: Schalk Burger

Solar power provider SolarSaver, which serves as fuel retailer Engen's official solar provider, has installed solar PV systems at 150 Engen Petroleum fuel stations across Botswana, Namibia and... 


The Dangote oil refinery
Nigeria's Dangote refinery plans London and Lagos listings by end 2024
28th May 2024 By: Reuters

Nigeria's Dangote refinery is aiming for a dual listing on the London and Lagos bourses by the end of this year, a senior executive said on Tuesday. "We have listed all our businesses," Devakumar... 


CEF's Sapref refinery purchase raises clean-up concern
27th May 2024 By: Bloomberg

South Africa’s purchase of the nation’s largest refinery from Shell and BP for a symbolic R1 will transfer the environmental liability of the site to the government, according to a local advocacy... 


An image of the Sapref refinery
bp, Shell agree to sell Sapref land, associated assets to the CEF
27th May 2024 By: Tasneem Bulbulia

Following successful negotiations, bp Southern Africa and Shell Downstream South Africa (SDSA) have reached an agreement for the sale of their respective 50% ownership of assets located at the... 


The Shell logo on a sign
Adnoc, Aramco said to mull bids for Shell South Africa assets
24th May 2024 By: Bloomberg

Abu Dhabi National Oil and Saudi Arabia’s state oil producer Aramco are among companies weighing bids for Shell’s downstream assets in South Africa, according to people familiar with the matter.... 


Trade, Industry and Competition Minister Ebrahim Patel
Vivo Energy to invest over R10bn in South Africa, Patel says
22nd May 2024 By: Reuters

Vivo Energy, owned by global commodities trader Vitol, will invest an initial R10-billion in its South African operations following its merger with Engen, South Africa's trade minister Ebrahim... 


Sasol chairperson Stephen Westwell
Westwell to retire as Sasol chairperson
22nd May 2024 By: Creamer Media Reporter

Stephen Westwell will, on June 1, retire as nonexectutive director and chairperson of chemicals and energy group Sasol, after having served on the board for 12 years. Lead independent director... 


Vivo Energy, Engen complete deal to form ‘pan-African champion’
21st May 2024 By: Creamer Media Reporter

Engen and Vivo Energy have confirmed the completion of a transaction, announced in February 2023, to combine their respective businesses, with PETRONAS selling its 74% shareholding in Engen to Vivo... 


bpSA is celebrating 100 years of operating in South Africa
bpSA celebrates 100 years in South Africa
14th May 2024 By: Creamer Media Reporter

Energy company bp Southern Africa (bpSA) on May 9 celebrated its 100th year of operation in South Africa and says it will use this milestone to refresh and re-energise for the next century and... 


South Africa may curb Shell’s oil exploration over gas-pump exit
10th May 2024 By: Bloomberg

South Africa’s energy ministry signaled it may grant fewer oil exploration permits to Shell over the company’s plans to exit the nation’s fuel-supply business. The oil major is selling its... 


Puma Energy’s Africa head calls for urgent development of energy infrastructure on the continent
10th May 2024 By: Irma Venter

Puma Energy Africa head Fadi Mitri has issued a call to action to the African Refiners and Distributors Association (ARDA) to urgently develop the continent’s energy infrastructure. ARDA is the... 


Shell to exit South Africa's downstream businesses
6th May 2024 By: Reuters

Oil major Shell will divest its majority shareholding from a local South African downstream unit after a comprehensive review of its businesses across all regions, it said on Monday. "As a result... 


Sasol logo at Secunda Operations
Rossouw to step down as Sasol CFO in October
2nd May 2024 By: Marleny Arnoldi

Petrochemicals company Sasol has announced that CFO and executive director Hanré Rossouw will step down from his position, effective October 31. Sasol has started the process to appoint a... 


Petrol pumps
DMRE announces petrol price increase, diesel price decrease for May
30th April 2024 By: Creamer Media Reporter

The price of petrol, both 93 and 95, will increase by 37c/ℓ as of May 1, while diesel prices will decrease by 30c/ℓ and 36c/ℓ for 0.05% sulphur and 0.005% sulphur, respectively, the Department of... 


Typical Engen garage
Tribunal approves Vitol’s buyout of Engen
25th April 2024 By: Darren Parker

The Competition Tribunal has approved the proposed acquisition of petrol station brand Engen by independent energy marketing and trading company Vitol Emerald, subject to a set of competition and... 


Urgent need to develop Africa’s fuel storage, distribution networks – Puma Energy
Urgent need to develop Africa’s fuel storage, distribution networks – Puma Energy
23rd April 2024 By: Irma Venter

Puma Energy Africa head Fadi Mitri has issued a call to action to the African Refiners and Distributors Association (ARDA) to urgently develop the continent’s energy infrastructure. ARDA is the... 


Sasol petrol station
Macroeconomic factors dampen Sasol’s year-to-date performance
23rd April 2024 By: Marleny Arnoldi

NYSE- and JSE-listed petrochemicals company Sasol says its energy business benefitted from higher basic fuel prices, as well as improved refining margins towards the end of the nine months ended... 


LPG gas bottles
Project envisions rollout of smart LPG, solar systems, hydrogen stoves to 3.51m indigent households
22nd April 2024 By: Darren Parker

Energy solutions company Kili Energy is spearheading a large-scale initiative, the Kili Energy Clean Energy Democratisation Project, to provide smart liquefied petroleum gas (LPG) canisters and... 


US group selects its technology partners for its major sustainable aviation fuel project
10th April 2024 By: Rebecca Campbell

US clean fuels company DG Fuels has selected a technology, jointly developed by UK multinational advanced metals chemistry and sustainable technologies group Johnson Matthey and UK multinational... 


Sasol president and CEO Simon Baloyi
Sasol streamlines its executive committee’s portfolios
3rd April 2024 By: Schalk Burger

JSE-listed energy and chemicals company Sasol has streamlined the portfolios of the members of its group executive committee, with effect from April 1. This involves changes to important functions... 


Petrol prices to increase by more than 65c/ℓ, diesel by 3c/ℓ on April 3
28th March 2024 By: Schalk Burger

Prices for 93-octane petrol will increase by 65c/ℓ and 95-octane petrol by 67c/ℓ, while 0.05% sulphur diesel will increase by 3c/ℓ and 0.005% sulphur diesel by less than 2c/ℓ from April 3, the... 


Four sites have been selected for a solar PV pilot project, after which solar PV will be rolled out to all bpSA-owned sites
Energy major gears up to roll out solar across retail sites as it marks South African centenary
28th March 2024 By: Terence Creamer

Energy group bp Southern Africa (bpSA) has set the expansion of its service station network in South Africa as a key priority as it moves to mark its centenary in a country where it first began... 


International research team has developed new way to convert CO2 into green methanol
27th March 2024 By: Rebecca Campbell

Scientists from the UK, Germany and Australia have successfully converted carbon dioxide (CO2) into methanol, a green fuel, using a new technique that they have developed. The research involved... 


African Refiners and Distributors Association conference to focus on infrastructure finance
20th March 2024 By: Schalk Burger

Industry organisation the African Refiners and Distributors Association (ARDA) will host a conference in Cape Town from April 22 to 26 to engage on key industry issues and identify financing... 


Petro SA's gas-to-liquids refinery in Mossel Bay
PetroSA confirms no injuries from fire at Mossel Bay refinery
15th March 2024 By: Marleny Arnoldi

State-owned Petroleum Oil and Gas Corporation of South Africa (PetroSA) has confirmed it safely contained and extinguished a fire at its gas-to-liquids refinery in Mossel Bay, with no sustained... 


A picture of Shell Downstream South Africa learning and development manager Kefilwe Maseko stood in front of a Shell banner by a school blackboard
Programme targets underprivileged youth
15th March 2024 By: Halima Frost

Commercial fuels, lubricants and oils retailer Shell Downstream South Africa has invested over R30-million in its science, technology, engineering and mathematics (STEM) bursary programme to help... 


A car being refilled with diesel
Petrol price to rise by R1.21 and diesel by nearly R1.19 from Wednesday
4th March 2024 By: Creamer Media Reporter

The Department of Mineral Resources and Energy has announced that the petrol price will increase by R1.21 a litre for all grades from midnight on March 5. The price of 0.05% sulphur diesel will... 


A Sasol sign at its Secunda plant
Sasol reports 34% decline in half-year profit
26th February 2024 By: Reuters

Sasol reported on Monday a decline of 34% in half-year profit, mainly due to weaker oil and petrochemical prices as well as higher costs. Sasol, the world's biggest producer of fuels and chemicals... 


The Dangote oil refinery in Nigeria
Nigeria's new Dangote refinery to export first fuel cargoes
15th February 2024 By: Reuters

Nigeria's Dangote oil refinery has issued tenders to sell two fuel cargoes for export, the first from the newly commissioned refinery, trading sources with knowledge of the matter told Reuters. The... 


PetroSA appoints new acting CEO
13th February 2024 By: Marleny Arnoldi

The State-owned Petroleum Oil and Gas Corporation of South Africa (PetroSA) has appointed acting COO Sesakho Magadla as acting group CEO effective immediately. This follows former acting CEO... 


Image of Cape Town mayor Geordin Hill-Lewis
Households can now apply to sell their excess solar power to the City of Cape Town 
12th February 2024 By: Irma Venter

The City of Cape Town is now enabling households to earn cash for the power generated from their solar photovoltaic generation systems.  Mayor Geordin Hill-Lewis says a first round of applications... 


Sasol Secunda
Sasol warns of lacklustre interim results amid volatile macroeconomic environment
9th February 2024 By: Darren Parker

Energy and chemicals company Sasol has attributed its “underwhelming” upcoming financial results for the six months ended December 31, 2023, to continued volatility in the macroeconomic... 


Sasol posts firm production performance despite market challenges
25th January 2024 By: Marleny Arnoldi

Petrochemicals giant Sasol says its results and performance for the first half of the 2024 financial year – the six months to December 31 – continued to be impacted on by a volatile macroeconomic... 


Mineral Resource and Energy Minister Gwede Mantashe
Govt probe finds fake diesel at 70 garages - even after Mantashe's warning
22nd January 2024 By: News24Wire

An investigation by the Department of Mineral Resource and Energy has uncovered that 70 petrol stations across the country are selling dodgy diesel to customers, a clear sign profiteers are cutting... 


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