Total quits API over climate change differences

The influential American Petroleum Institute is under pressure as investors want a move away from fossil fuels, and as Joe Biden plans to rejoin the Paris ...

Sasol wraps up $404m Gemini sale and repays debt

SA’s biggest chemicals and energy company concludes its Gemini sale in the US and puts money into repaying near-term debt

Kibo’s Mozambican coal power plant gains coal supply security

Term sheet with Vale to turn into definitive deal once state utility gets on board

BL PREMIUM
Hurricanes add to coronavirus woes in fresh hit on Shell asset values

World’s biggest retailer sees sales remaining the same in fourth quarter from third

Sasol to exit Mozambique gas plant

The sale forms part of group’s divestment drive to shore up its balance sheet

BL PREMIUM
Amazon to wheel solar power to its SA facilities

Nersa has approved the Northern Cape project, that will use the Eskom grid to transport 28GWh of power

BL PREMIUM
WATCH: Financing a ‘just energy’ transition

Michael Avery talks to a panel about the ‘just transition to a low-carbon economy’ concept within the energy sector

Renergen develops pioneering Covid-19 vaccine transport vessel

SA company says its solution to sub-zero transportation of vaccines simplifies logistics

BL PREMIUM
Chevron cuts billions off capital and exploratory budget

The oil major, even after restructuring, is trying to ride out a collapse in oil prices

Sasol reveals ‘game-changer’ transformation plan

The oil and chemicals group says it will be both sustainable and highly profitable by 2025

BL PREMIUM
Q&A: Renergen hits the gas with cool tech to benefit the planet

CEO sees a busy year ahead as the company rolls out its LNG stations along the N1 and N3

BL PREMIUM
Sasol agrees to sell another US asset for $404m

The group has agreed to sell its stake in polyethylene business Gemini to partner INEOS Olefins and Polymers

BL PREMIUM
Sasol gets slap from unhappy investors

More than half of shareholders reject remuneration of former CEOs Stephen Cornell and Bongani Nqwababa, who were cumulatively paid almost R100m

BL PREMIUM
Sasol proposes 20% cut to directors’ fees

The company says the board has agreed to commit to the ‘sacrifice’, for approval at the 2020 annual general meeting

BL PREMIUM
Vanadium just might be SA resources’ great hope

The rare transition metal has great potential and SA just happens to have a lot of it

BL PREMIUM
Covid-19 is closing more oil refineries, particularly in the US

About a dozen refinery closures have been announced in the past few months

Published by Arena Holdings and distributed with the Financial Mail on the last Thursday of every month except December and January.