GKP appoints new CEO
Gulf Keystone Petroleum (GKP) has appointed a new CEO, Jon Harris, who will replace Jón Ferrier.
Sasol
Sasol sells CTRG to Azura Power
Sasol has agreed to sell its entire stake in Mozambique’s Central Termica de Ressano Garcia (CTRG) to Azura Power.
Sasol seeks EPCm contractor for Mozambique work
Sasol Petroleum Mozambique is seeking expressions of interest for work on its PSA licence in Mozambique.
Mozambique’s CTT chooses builder, signs up finance
Debt funding has been secured, and Spain’s TSK been appointed to design and construct, the Central Termica de Temane (CTT) power project in Mozambique.
Vaalco doubles down at Etame Marin
Vaalco Energy has struck a deal to buy out its partner, Sasol, from shared operations offshore Gabon.
Sasol starts up last piece of Lake Charles
Sasol’s low-density polyethylene (LDPE) unit in Louisiana has reached beneficial operation, the last part of the Lake Charles Chemicals Project (LCCP) to start up.
Sasol sets out carbon path amid social pressure
Sasol has set out steps to cut carbon emissions in a 10-year pivot away from coal and towards alternative energy sources.
Sasol’s former CEO Constable to take top spot at Fluor
David Constable, the former head of Sasol, will become Fluor’s CEO as of January 1, 2021.
Sasol seeks carbon offset developers
Sasol has invited experienced companies to work with it on developing carbon offsets, in South Africa and the SADC region.
South Africa’s Sasol support incompatible with carbon cuts
South Africa’s subsidy support for Sasol is inefficient and fails to achieve what it sets out to do, namely protect consumers from price shocks, according to the International Institute for Sustainable Development (IISD).
Eskom clears de Ruyter of tender trouble
Eskom has released a report investigating its CEO amid accusations that he had misled the South African power company’s board.
LyondellBasell buys into Sasol’s US chemicals
LyondellBasell is to buy a 50% stake in Sasol’s US base chemicals business for $2 billion.
Sasol pledges to safeguard seas from plastics
Sasol has signed up to Operation Clean Sweep (OCS), intended to prevent plastic waste from entering the sea.
Hurricane damages Sasol’s Lake Charles facility
Sasol’s Lake Charles Chemicals Complex has been damaged by Hurricane Laura and has lost power.
Sasol flags $6.4bn impairment
Sasol has warned that adjusted EBITDA is expected to decline by between 17% and 37% for the financial year.
Sasol seeks solar power at Secunda, Sasolburg
Sasol has invited bidders to participate in developing two 10 MW solar photovoltaic (PV) facilities in South Africa.
Air Liquide plans Sasol separator purchase
Sasol has struck an exclusive negotiations agreement on the sale of its 16 air separation units to Air Liquide.
Sasol ditches Mozambique block
Sasol has opted to drop an exploration licence offshore central Mozambique.
Sasol sells Escravos stake, works on Mozambique sale
Sasol has signed a deal to sell its indirect stake in the Escravos gas-to-liquids (GTL) plant, in Nigeria, to Chevron.
Sasol shakes up structure, talks jobs with unions
Sasol has negotiated some extra wriggle room in its financial discussions, while also announcing the end to upstream operations in West Africa amid a new structure plan.
Sasol cited over Mozambique costs
A Mozambique audit has raised concerns about upstream companies misstating recoverable costs, highlighting South Africa’s Sasol in particular.
Standard Bank slated for hydrocarbon-linked board
The board of South Africa’s Standard Bank has been targeted for change by climate change activists, led by the Just Share NGO.
Geofizyka Toruń completes Mozambique shoot
Geofizyka Toruń has completed a 2D seismic study for Sasol in Mozambique, demonstrating that exploration in the East African state is progressing despite some disruption stemming from coronavirus.
Eni’s Rovuma drilling disrupted
Coronavirus and the sudden drop in oil prices has led to some measure of disruption in Mozambique, local regulator Instituto Nacional de Petroleo (INP) has said, although there should be no long-term impact.
BP Southern Africa CEO leaves for Sasol
BP Southern Africa has appointed Taelo Mojapelo as its new CEO, replacing Priscillah Mabelane who is joining Sasol as executive vice president of its energy business.