Sasol lines up vaccines ahead of Secunda maintenance
Sasol has teamed up with the Mpumalanga government ahead of planned maintenance at its Secunda site.
Sasol
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.
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.