French energy giant Total plans to boost oil exploration and open more petrol stations SA. Total pumped a record amount of oil and gas in the first quarter and expects output growth to exceed its 6% target this year, thanks to acquisitions and new projects from the Arctic to West Africa. In SA, the company plans to expand its network of more than 500 fuel stations and finish a deep-water…

An attempt to prosecute oil companies for colluding — because they abide by South African laws whereby the government sets the price of fuel every month — has collapsed. "There is no admission of guilt, the respondents maintain that the conduct was not unlawful and the commission has elected not to pursue the matter further," the Competition Tribunal said in a statement on Friday. This ends a case forwarded by…

Toll fees across South Africa have risen by between 6% and 7%, signalling yet another financial blow to already cash-strapped South Africans. This, according to the Automobile Association (AA), comes at a time when fuel is touching on record high levels, in part because of the hefty increases to indirect taxes added to fuel prices at the beginning of the month. “The financial weight of all of these increases is…

The price of petrol is at a record high from Wednesday morning. A litre of 93 octane unleaded petrol (inland) now costs R14.72 — up 49c from R14.23 in April and 23c more than the previous record high of R14.49, set in December last year. The May increase follows a 72c increase in April, which included 52c of increased levies. Meanwhile‚ diesel has increased by between 58c and 59c a…