Sonatrach has signed a contract for China National Technical Import & Export Corp. (CNTIC) and Sinopec Luoyang Engineering (LPEC) to build a methyl tert-butyl ether (MTBE) facility at Arzew.
Floods in KwaZulu-Natal have disrupted some of Sasol’s chemical exports, the company has said, while reaffirming its hedging plans.
Sasol has reported EBIT of 24.3 billion rand ($1.6bn) for the six months ending on December 31, 2021, up 12%.
Namibia will receive N$100 million ($6.3mn) in concession fees from its preferred hydrogen bidder this year, President Hage Geingob has said.
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.
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.
Sasol has begun its statutory maintenance at Secunda, which involves a major shutdown and a challenge for the company’s COVID measures.
Sasol has teamed up with the Mpumalanga government ahead of planned maintenance at its Secunda site.
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.
Egypt has signed an agreement for a major petrochemical plant in Ain Sokhna, with an investment of $7.5 billion.
Sasol is seeking suppliers to provide it with renewable energy at its South African operations.
Nigerian energy officials have visited Morocco in a show of support for an ammonia plant in Akwa Ibom State.
Mozambique state-owned Empresa Nacional de Hidrocarbonetos (ENH) has formed a joint task force with TCRK Energy, backed by serial Mozambique entrepreneur Tom Bruton, to investigate blue hydrogen opportunities.
South Africa’s Sasol has made progress in righting its progress, putting it on the right direction for a greener, cleaner future.
A number of high-ranking BP executives have held talks with Egyptian Minister of Petroleum and Mineral Resources Tarek El Molla amid preparations to begin the Raven project.
South Africa’s carbon tax fails to provide a sufficient deterrent to emitters, PwC has said in a recent report.
The Nigerian government has signalled its support of the Brass Fertiliser and Petrochemical Co. (BFPCL) 10,000 tonne per day methanol plant with a final investment decision (FID) ceremony.
Sasol expects to post strong results for the second half of 2020, while adjusted EBITDA will drop by as much as 10%.
Norway’s Yara has agreed to sell its entire stake in the Libyan Norwegian Fertiliser Co. (LIFECO) to the Libyan Investment Authority (LIA) and the National Oil Corp. (NOC).
Nigeria’s Federal Executive Council (FEC) has approved the Ibom deep sea port plan, paving the way for the project to move forward.
Novel injection, dispersion & mixing technology combats refinery corrosion