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%.
Natref
Lockdown easing sparks South African fuel shortages
South Africa has “inadequate” stocks of diesel, an industry body has warned, as demand has accelerated beyond expectations with the easing of lockdown limitations.
Wood wins Sasol framework deal
Sasol has appointed Wood to act as engineering partner under a five-year partnership framework agreement, with a focus on operations across South Africa.
Sasol shutters Natref as demand plummets
Sasol will shutdown its Natref refinery as of Arpil 9 in response to the “unprecedented decline” in fuel demand, stemming from South Africa’s lockdown aimed at halting the spread of coronavirus.