Sasol struggles as Secunda volumes slip
Sasol expects production from its Secunda facility to fall to 6.7-6.8 million tonnes in the 2022 financial year, following a string of accidents.
Sasol
Sasol, Globeleq close financing on Temane power plan
Sasol and Globeleq have reached financial close on the gas-fired Central Termica de Temane (CTT) power project in Mozambique.
Sasol’s plans slated as “risky, expensive and potentially unfeasible”
Petrochemical giant Sasol has come under fire for its emission reduction plans, particularly around its reliance on new technologies and resources to deliver the needed gains.
Clash of the conferences: Dubai vs Cape Town
Africa Oil Week (AOW) and African Energy Week (AEW) have gone head to head, competing for interest and delegates to come to Dubai and Cape Town respectively.
Energy Council to speak with one voice for industry
A group of CEOs and government officials have launched the Energy Council of South Africa.
Eni to exit South Africa offshore oil block amid tech challenges
Eni is pulling out of plans to explore for oil with Sasol in a large block off South Africa’s southeast coast due to concerns over the technical challenges of drilling in deep waters, according to two people familiar with the decision.
Geofizyka Torun starts Mozambique seismic for Sasol
Geofizyka Torun has begun shooting 3D seismic onshore in Mozambique for Sasol.
Sasol signs up green hydrogen study in northwest
Sasol has signed up to investigate the potential for a green hydrogen hub at Boegoebaai, in the Namakwa special economic zone (SEZ).
Sasol, CEF team up on South Africa gas imports plan
Sasol and the Central Energy Fund (CEF) have signed a memorandum of understanding (MoU) on accelerating gas developments in South Africa.
Sasol kicks off maintenance drive at Secunda
Sasol has begun its statutory maintenance at Secunda, which involves a major shutdown and a challenge for the company’s COVID measures.
Sasol lines up vaccines ahead of Secunda maintenance
Sasol has teamed up with the Mpumalanga government ahead of planned maintenance at its Secunda site.
South Africa’s top refinery shuts amid riots
Sapref has declared force majeure in response to unrest sweeping South Africa.
Sasol, IDC sign on to green hydrogen plans
Sasol and the Industrial Development Corp. (IDC) have signed up to work together on driving South Africa’s green hydrogen sector forward.
Sasol signs gas, LPG agreements to launch PSA project
Sasol has signed agreements to supply gas and LPG, allowing work to begin on the up-, mid- and downstream to begin in Mozambique.
Air Liquide’s Sasol deal approved with carbon cut commitments
Air Liquide’s plan to buy into Sasol’s air separation units has got the thumbs up from South Africa’s Competition Tribunal – although with some provisos.
Sasol sells Rompco stake to Reatile, AIIM
South Africa’s Reatile Group and African Infrastructure Investment Managers (AIIM) have teamed up to buy a 30% stake in Sasol’s Mozambique pipeline.
Sasol earnings to rise
Sasol shareholders should expect better times ahead, with the company forecasting an improvement in earnings per share of at least 20%.
Sasol launches major green hydrogen push
Sasol has launched plans to take a major step into the production of green hydrogen, both domestically in South Africa and in Germany.
Sasol launches largest ever renewable energy tender
Sasol is seeking suppliers to provide it with renewable energy at its South African operations.
INP, Bayphase audit cost recoverable at Areas 1, 4
Around $33 million of spending in Mozambique’s two LNG concessions is unrecoverable, the Instituto Nacional do Petróleo (INP) has said, following an audit.
Sasol completes Gabon sale to Vaalco
Sasol has completed the sale of its 27.75% stake in a Gabonese licence to Vaalco.
Sasol approves Mozambique scheme, cuts debt
South Africa’s Sasol has made progress in righting its progress, putting it on the right direction for a greener, cleaner future.
Carbon tax failing to tackle South African emissions
South Africa’s carbon tax fails to provide a sufficient deterrent to emitters, PwC has said in a recent report.
Sasol upbeat on profit expectations
Sasol expects to post strong results for the second half of 2020, while adjusted EBITDA will drop by as much as 10%.
GKP appoints new CEO
Gulf Keystone Petroleum (GKP) has appointed a new CEO, Jon Harris, who will replace Jón Ferrier.