Time to get ready for CCS plans
“The world is not just North America and Europe,” he said. “We need the best projects in the best places, not just in the best tax regimes.”
Sasol
Turmoil at Sasol as AGM cancelled, new CEO appointed
While the company attempted to continue, executives eventually abandoned their efforts and ended the AGM.
Kinetiko boosts resources ahead of JV drilling plans
“Each time Kinetiko adds commercial production plans within its exploration rights, it will be able to grow Reserve Certifications by eventual orders of magnitude”, he said.
Emissions problem drives Secunda unit impairment for Sasol
Under the decision, Sasol must achieve concentration-based limits for SO2 at the Secunda steam plant boilers. The company had applied to be allowed to operate on a load-based limit – but this was rejected.
Sasol commissions Mozambique facility, despite SA headwinds
In the meantime, Sasol warned of “continued pricing and demand volatility” to come.
Sasol scores Mozambique gas find
The licence is adjacent to the Pande and Temane fields. The Bonito well is the second drilled in the licence. The first failed to find hydrocarbons.
Construction begins on privately backed Msenge wind farm
Sasol signed on to the PPA in January. The petrochemical company is shifting away from coal to gas, ultimately aiming to focus on green hydrogen.
US’ IRA major pull for Topsoe’s energy transition interest
The challenge over the next 10 years will be in scaling up SAF production. Green hydrogen production is relatively niche, as yet. “A lack of green power and electrolysis capacity, this will not make a dent” in the projected SAF demand.
Sasol sticks to disciplined plans, talks up green moves
While drilling is ahead of schedule in Mozambique, gas production was 2% lower, Sasol said. This is “due to reduced demand from our own operations and the external market largely due to the ongoing power outages”.
Sasol launches solar car competition – with bonus pothole challenge
The Brunel Solar Team won in 2022, covering 3,780 km, just 10 km more than the runners up Agoria.
Sasol, Sonatrach team up for green hydrogen work
Sasol and Sonatrach have teamed up to work on the production of low-carbon hydrogen and synthetic gas in Sicily.
Sasol signs up green power at Secunda, Sasolburg
Sasol said it was committed to cutting its emissions by at least 30% by 2030 and that green hydrogen would play a key role in transforming South Africa’s economy.
Sasol faces tough questions on transition at AGM
Sasol will hold its AGM today and will face some tough questions on its environmental stance from various NGOs.
Sasol, ArcelorMittal set out green hydrogen, carbon capture plans
Sasol and ArcelorMittal South Africa have struck a deal to pursue green hydrogen at Saldanha and carbon capture and utilisation (CCU) in Vaal.
Sasol secures German funding for green kerosene work
Sasol’s Care-o-sene – the Catalyst Research for Sustainable Kerosene – has secured 40 million euros ($38.8mn) in funding, allowing work to begin.
Brayfoil wins investment prize at GEA summit
South Africa’s Brayfoil Technologies has won the Energy Investment Village pitch competition this week at the Green Energy Africa (GEA) summit.
South Africa energy group comes out against carbon price increase
Industrial groups in South Africa have voiced their commitment to an equitable transition, while calling for increased carbon prices to be pushed back to after 2035.
Japan signals African energy support at Tunis meeting
Japanese corporates have signed around 90 agreements with African investors at the recently concluded 8th Tokyo International Conference on African Development (TICAD) in Tunisia.
Sasol posts major increase, to pay record dividend
Sasol has reported adjusted EBITDA up 48% for its financial year, ending on June 30.
Sasol outage means all South African oil refineries are now shut
Sasol Ltd., South Africa’s largest fuel producer, declared force majeure on the supply of petroleum products due to delays in deliveries of crude to the Natref refinery it owns with TotalEnergies, leaving just a fraction of the country’s fuel-production capacity still operational.
Floods trigger Sasol force majeure
Floods in KwaZulu-Natal have disrupted some of Sasol’s chemical exports, the company has said, while reaffirming its hedging plans.
Mozambique pre-qualifies 12 companies for 6th bid round
Instituto Nacional de Petroleo (INP) has approved 12 of the 13 companies for pre-qualification in its sixth licence round.
Mozambique president launches Temane project
Mozambique President Filipe Nyusi has ceremonially laid the first stone for the Temane project.
Sasol skips dividend with focus on transformation
Sasol has reported EBIT of 24.3 billion rand ($1.6bn) for the six months ending on December 31, 2021, up 12%.
South Africa opens up Gas Master Plan
South Africa sees it as “imperative” to add more gas suppliers, in order to help develop the local sector.