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Refineries & Retail News

bpSA celebrates 100 years in South Africa

By: Creamer Media Reporter 14th May 2024 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 beyond. To signal its commitment to a long-term future in South Africa, bpSA has designed a special... →

South Africa may curb Shell’s oil exploration over gas-pump exit

By: Bloomberg 10th May 2024 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 shareholding in Shell Downstream South Africa, which includes a network of 600 gas stations across the... →

Puma Energy’s Africa head calls for urgent development of energy infrastructure on the continent

By: Irma Venter 10th May 2024 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 pan-African organisation for the downstream oil sector. →

Shell to exit South Africa's downstream businesses

By: Reuters 6th May 2024 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 of this review, Shell has decided to reshape the downstream portfolio and intends to divest our... →

Rossouw to step down as Sasol CFO in October

By: Marleny Arnoldi 2nd May 2024 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 successor. →

DMRE announces petrol price increase, diesel price decrease for May

By: Creamer Media Reporter 30th April 2024 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 Mineral Resources and Energy (DMRE) has announced. It notes that the average Brent crude oil price... →

Tribunal approves Vitol’s buyout of Engen

By: Darren Parker 25th April 2024 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 public interest conditions. The tribunal’s order follows a hearing last month during which it heard... →

Urgent need to develop Africa’s fuel storage, distribution networks – Puma Energy

By: Irma Venter 23rd April 2024 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 pan-African organisation for the downstream oil sector. →

Macroeconomic factors dampen Sasol’s year-to-date performance

By: Marleny Arnoldi 23rd April 2024 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 March 31, which helped to offset operational headwinds at the group’s mining and Secunda operations.... →

Project envisions rollout of smart LPG, solar systems, hydrogen stoves to 3.51m indigent households

By: Darren Parker 22nd April 2024 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 stoves, smart solar systems and novel hydrogen-powered stoves to 3.51-million indigent households in... →

US group selects its technology partners for its major sustainable aviation fuel project

By: Rebecca Campbell 10th April 2024 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 energy group bp, for its first sustainable aviation fuel (SAF) plant. The technology uses the Fischer... →

Sasol streamlines its executive committee’s portfolios

By: Schalk Burger 3rd April 2024 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 and executive responsibilities of the directors. As previously announced, Simon Baloyi has succeeded... →

Sasol president and CEO Simon Baloyi

Petrol prices to increase by more than 65c/ℓ, diesel by 3c/ℓ on April 3

By: Schalk Burger 28th March 2024 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 Minister of Mineral Resources and Energy Gwede Mantashe announced on March 28. However, the wholesale... →

Energy major gears up to roll out solar across retail sites as it marks South African centenary

By: Terence Creamer 28th March 2024 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 operating on May 9, 1924. Communications and external affairs head Hamlet Morule tells Engineering News... →

Four sites have been selected for a solar PV pilot project, after which solar PV will be rolled out to all bpSA-owned sites

International research team has developed new way to convert CO2 into green methanol

By: Rebecca Campbell 27th March 2024 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 chemists from the University of Birmingham, the University of Ulm, the University of Queensland and was... →

African Refiners and Distributors Association conference to focus on infrastructure finance

By: Schalk Burger 20th March 2024 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 solutions for sustainable infrastructure projects. “Africa’s significant future energy demands will... →

PetroSA confirms no injuries from fire at Mossel Bay refinery

By: Marleny Arnoldi 15th March 2024 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 injuries having been reported. The fire broke out at about 18:00 on March 14, and the PetroSA team,... →

Petro SA's gas-to-liquids refinery in Mossel Bay

Programme targets underprivileged youth

By: Halima Frost 15th March 2024 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 develop less fortunate youth in South Africa. STEM subjects are more than gateways to “great,... →

A picture of Shell Downstream South Africa learning and development manager Kefilwe Maseko stood in front of a Shell banner by a school blackboard

KEFILWE MASEKO For over ten years, the programme has given young individuals from disadvantaged or underprivileged backgrounds who have met the relevant academic requirements the opportunity to further their studies in tertiary institutions.

Petrol price to rise by R1.21 and diesel by nearly R1.19 from Wednesday

By: Creamer Media Reporter 4th March 2024 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 increase by more than R1.05 a litre and the price of 0.005% sulphur diesel by nearly R1.19 a litre. →

Sasol reports 34% decline in half-year profit

By: Reuters 26th February 2024 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 from coal and gas, said its headline earnings per share (HEPS) – the most common profit measure in... →

Nigeria's new Dangote refinery to export first fuel cargoes

By: Reuters 15th February 2024 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 refinery, Africa's largest with a nameplate capacity of 650 000 bl/d, was built on a peninsula on... →

Photo by Reuters
The Dangote oil refinery in Nigeria

PetroSA appoints new acting CEO

By: Marleny Arnoldi 13th February 2024 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 Sandisiwe Ncemane’s return to the Central Energy Fund (CEF). →

Households can now apply to sell their excess solar power to the City of Cape Town

By: Irma Venter 12th February 2024 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 will close on March 8 for households to earn cash from selling their excess solar power to the city,... →

Geordin Hill-Lewis

Sasol warns of lacklustre interim results amid volatile macroeconomic environment

By: Darren Parker 9th February 2024 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 environment, with weaker oil and petrochemical prices, unstable product demand and ongoing inflationary cost... →

Sasol posts firm production performance despite market challenges

By: Marleny Arnoldi 25th January 2024 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 environment, including weak oil and petrochemical prices, unstable product demand and inflationary... →

Govt probe finds fake diesel at 70 garages - even after Mantashe's warning

By: News24Wire 22nd January 2024 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 corners as petroleum prices continue to skyrocket. The watered-down diesel is allegedly... →

Mineral Resource and Energy Minister Gwede Mantashe

Sapia appoints Seelan Naidoo as new chairperson

By: Schalk Burger 17th January 2024 Petroleum industry organisation the South Petroleum Industry Association (Sapia) has appointed Seelan Naidoo to succeed outgoing chairperson Hloniphizwe Mtolo as chairperson. Naidoo, who will serve as chairperson until December 2025, is MD and CEO of fuel company Engen Petroleum, which has... →

Sapia chairperson Seelan Naidoo

Nigeria's Dangote refinery starts production after years of delays

By: Reuters 15th January 2024 Nigeria's Dangote oil refinery has begun producing diesel and aviation fuel, the company said on Saturday, after years of construction delays at the 650 000 bl/d plant. The refinery, Africa's largest, was built on a peninsula on the outskirts of the commercial capital Lagos at a cost of $20... →

Transnet pipeline thieves sentenced to 10, 15 years imprisonment

By: Donna Slater 19th December 2023 The National Energy Regulator of South Africa (Nersa) reports that criminals tampering with Transnet pipelines with intentions to steal petrol and diesel, have been successfully prosecuted following their arrest. A fuel thief was prosecuted and sentenced to ten years imprisonment in the Vrede... →

Photo by Creamer Media
A Transnet Pipelines employee attends to infrastructure at the utility's Multi Product Pipeline in Jameson Park

DMRE extends public commentary for draft SANPC Bill

By: Donna Slater 18th December 2023 The Department of Mineral Resources and Energy (DMRE) has extended the timeframe for submissions of public comments on the draft South African National Petroleum Company (SANPC) Bill, published in government gazette number 49711, of November 13, to January 15, 2024. The Bill, according to the... →

The proposed South African National Petroleum Company is set to have a sole shareholder – The Department of Mineral Resources and Energy Minister Gwede Mantashe

Photo by Creamer Media
The proposed South African National Petroleum Company is set to have a sole shareholder – The Department of Mineral Resources and Energy Minister Gwede Mantashe

Oil rises on Red Sea jitters, Russian export cut

By: Reuters 18th December 2023 Oil rose on December 18 as attacks by the Houthis on ships in the Red Sea raised concerns of oil supply disruptions and Russia's plan to lower exports in December provided additional support. Shipping firms, including the world's biggest container shipping line MSC and A.P. Moller-Maersk, said... →

Sasol says investors critical of its climate record have ‘flawed understanding’

By: Bloomberg 14th December 2023 Sasol has hit back at investors who said they would reject its climate-change report at an annual general meeting last month, before it was abandoned because of a protest. The petrochemicals company accused the investors, which included Ninety One and Old Mutual Investment Group, of misconstruing... →

A Sasol sign in front of its Secunda complex

Outa questions Gazprombank, nuclear procurement announcements

By: Tasneem Bulbulia 13th December 2023 This week’s announcements of government’s plan to pursue the procurement process for 2 500 MW of new nuclear capacity, along with Cabinet’s decision to endorse a R3.7-billion investment deal between PetroSA and Gazprombank to resuscitate the gas-to-liquids refinery in Mossel Bay, “appear to have... →

Outa CEO Wayne Duvenage

Refinery partnership, new nuclear procurement raises questions

By: Creamer Media Reporter 13th December 2023 Engineering News editor Terence Creamer discusses the controversial decision by Cabinet to approve a proposed partnership with a Russian company to support the restart of the mothballed gas-to-liquids refinery in Mossel Bay, as well as proposed plans for government to procure 2 500 MW of new... →

Refinery partnership, new nuclear procurement raises questions

Eskom, Sasol pollution harms children, government studies find

By: Bloomberg 6th December 2023 Two studies ordered by South Africa’s government into the impact of air pollution on community and child health showed emission limits it imposed on companies that emit the toxins are insufficient. The studies were undertaken in key industrial regions by academics at the University of... →

Eskom's Duvha power station in Mpumalanga

Environmental leaders call for withdrawal of National Petroleum Company Bill

By: Schalk Burger 5th December 2023 Five leaders of environmental organisations have, in an open letter to President Cyril Ramaphosa, called on government to immediately withdraw the National Petroleum Company Bill in addition to stopping all oil and gas exploration off South Africa’s coastline. The Green Connection strategic lead... →

TotalEnergies to sell stake in Natref refinery to Prax Group

By: Creamer Media Reporter 1st December 2023 Global energy company TotalEnergies will sell its 36.36% interest in the Natref refinery in Sasolburg, in South Africa's Free State province, to fellow energy company Prax Group. South African energy and chemicals group Sasol owns a 63.64% interest in the 108 500 bl/d refinery. →

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