Positive market reaction is due to producer’s ability to secure oil hedging above current prices, analyst says
Oilfield service leaders Halliburton and Schlumberger also reduce spending
Calls for sanctions as President David Granger denies miscounting votes
The miner has withdrawn its guidance for 2020 for its SA operations and will update the market when further information is available
After a probe, Washington imposed a 414% duty on acetone coming from SA
The group plans to raise cash to pay down debt first through cost saving measures and asset disposals
Sasol has won postponements until 2025 for complying with legal emissions limits, and it’s yet to come up with a solution for cutting sulphur-dioxide emissions ...
The struggling energy group is seeking to raise an amount that is more than its market capitalisation
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Low oil prices will crimp Aramco’s earnings and hurt Saudi Arabia’s finances — the country needs an oil price of $84 to balance the 2020 budget
The embattled chemicals and energy group’s share price rose as much as 50% at one point on Friday, before paring gains
Energy company hit by stiff challenges driven by the Covid-19 pandemic and the decline in the oil price
The chemicals group has extended losses for the seventh consecutive session, falling almost 90% so far in 2020
Latest slump drags stock to levels last seen in early 2001
RMB’s Dario Musso talks to Business Day TV about whether self-generating could solve SA’s power problems
Shares in Sasol, which have lost more than three-quarters of their value so far in 2020, tumble 16%
The longer the oil price stays lower, the more pressure Sasol will face to review and restructure operations, one analyst says
Company is going from strength to strength as it expands its footprint rapidly in Africa, opening service stations and quick-service restaurants
The key driver of returns will be crude production from the Permian Basin, which is expected to double over the next five years
Cost overrun and problems at wax project have made investors wary of escalating costs at the Lake Charles plant in the US
