Sasol counts cost of Lake Charles blast

The fire damage is a setback to the chemicals company’s mega-project in Louisiana

Investors shun oil and gas stocks due to underperformance

A survey finds the energy sector has fallen out of favour because of poor performance, but BlackRock expects a terminal decline

Sasol confirms large explosion at Lake Charles project in US

The incident occurred at the company’s LDPE unit at its troubled Louisiana project, sending Sasol’s share price down

WATCH: Why many more dark days remain ahead for Eskom

Energy analyst Chris Yelland talks to Business Day TV about the dire state of the energy utility

New York will not take Exxon climate risk ruling on appeal

Judge rejects state’s claim that oil company misled investors for years

Saudi Aramco to sell more shares in IPO

Oil company exercises greenshoe option, which will lift size of its initial public offering to $29.4bn

DRC wants two oil blocks bought by Dan Gertler back

Gertler is subject to US sanctions, as in 2017, the US accused him of amassing a fortune through ‘opaque and corrupt mining and oil deals in DRC’

WATCH: Eskom’s new CEO must resist state’s plans, NUM says

Business Day TV spoke to the NUM's energy sector co-ordinator, Paris Mashego, about the union's stance on Eskom

Sasol signals Lake Charles fiasco may be behind it

The company's share price has been under pressure from delays and cost overruns at its Lake Charles Project in the US

Renergen mulls power generation from surprise gas discovery in Free State

Company that bought a small project in Virginia soon discovered it contained world’s richest known helium source

Tullow Oil CEO Paul McDade resigns on poor African output

Technical difficulties have hampered output in Ghana, projects in Uganda and Kenya have faced delays, and results from wells in Guyana missed expectations

UK ruling means Shell does not have to pay $516m in Nigerian oil spill judgment

Thursday’s case originated from a claim brought in 2001 by the Ejama-Ebubu community

Transnet plans gas network ahead of demand

The SOE’s ‘build it and they will come’ approach is made possible by its developmental mandate and sizable balance sheet

China’s SDIC delays London listing, blaming weak market conditions

London IPO volumes are the worst since 2009 in the aftermath of the global financial crisis

SA set to benefit as Total and Gigajoule sign Mozambique gas deal

The facility will be connected to a nearby power plant and will also feed gas into SA network

PG&E says turning the power off prevented even more wildfires

A federal judge is trying to determine whether the power utility’s equipment is to blame for any of 2019’s wildfires in northern California

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