Industry News

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31
Jul

Petrol to go up, diesel to come down in August – AA predicts

Johannesburg - Late month data from the Central Energy Fund is showing a mixed bag for motorists, with a petrol set to go up slightly and diesel due for a decrease in August, according to the Automobile Association. The association is predicting a petrol price increase of around 12 cents a litre from next week and a diesel price decrease in the region of 16 cents, while paraffin is likely…

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30
Jul

Hero petrol attendant on the gift that changed his life – and it’s not the money

This petrol attendant became a national hero after paying for a customer’s petrol. He’s since received thousands of rands in online donations from the public. On 30 May this year Nkosikho Mbele (28) paid for 21-year-old Monet van Deventer’s petrol at the Shell Ultra City at Macassar, situated on the N2 near Cape Town. Monet had left her bank card at home. Of all the donations – including weekend holidays…

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29
Jul

‘Mixed picture again for fuel price’ – AA

Fuel prices for August are set for changes with petrol up and diesel down. This is according to the Automobile Association (AA), which was commenting on unaudited month-end fuel price data released by the Central Energy Fund. "International oil prices have steadily trended upwards since the start of June, although there has been a slight pullback since a peak on July 11. Since then, diesel prices have edged higher while…

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29
Jul

Sasol’s SA plants threatened by emission standards

Sasol said some of its South African plants are under threat from sulfur dioxide emission standards that it will need to comply with by 2025. The company, South Africa’s biggest by revenue, operates plants that convert coal into motor fuel and chemicals in Secunda, east of Johannesburg, and Sasolburg to the south. Flue-gas desulfurisation equipment needed to cut emissions of the gas, which causes acid rain and a range of…

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26
Jul

Motorists could pay more for petrol from August

The AA said there had been volatility in both the rand and the exchange rate over the past few weeks. CAPE TOWN - While petrol users could be in for a seven cents increase for August, diesel motorists could expect a 20 cent decrease. The cost of illuminating paraffin could potentially go down by 14 cents. This was according to unaudited mid-month fuel price data by the Central Energy Fund.…

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22
Jul

Another petrol attendant praised after giving customer R50 for diesel

Another petrol attendant has been praised on social media for a welcome act of generosity towards a customer. A Durban man, Gavin Stone, took to Facebook on Thursday to praise a Durban petrol attendant who gave Stone diesel after he had forgotten his wallet. Stone said he had rushed to a meeting and had forgotten his wallet, only to find his fuel tank was almost empty. He had managed to…

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18
Jul

PETROL BOMB MEANT TO GET RID OF US

NOMCEBO Ngubane (28) and her partner Aubrey Ndlovu (35) told Daily Sun they were woken by a knock on the door at their flat in the Joburg CBD and a voice telling them to leave yesterday. They said when they refused, a petrol bomb was thrown into the flat. Aubrey said: “Luckily we had a fire extinguisher and put out the fire.” Nomcebo said unknown men told her to get…

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17
Jul

We should get behind Richards Bay refinery, says Mantashe

Minister of Mineral Resources and Energy Gwede Mantashe has told Members of Parliament that government should get behind Saudi Aramco's multi-billion rand investment in a refinery in Richards Bay, KwaZulu Natal. Mantashe was briefing the select committee on land reform, environment, mineral resources and energy on Tuesday morning. In January, the Saudi state-owned company Saudi Aramco announced its intention to invest a refinery, while former energy minister Jeff Radebe said…

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17
Jul

PETROL PRICE TO HIKE IN AUGUST!

The Automobile Association of South Africa (AA) has warned South African motorists that there's a likely petrol price increase in August. This increase will likely reverse the relief the July price decrease brought in. Earlier this month the price of both 93 and 95 unleaded petrol decreased by nearly R1, while diesel decreased by 79 cents per litre. The AA says that the Rand's performance in July was countered by…

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15
Jul

SA fuel prices: ‘Petrol up, diesel down, as oil, Rand do battle’ – AA

While the Rand has won ground against the US dollar in July, international oil prices have increased, offsetting the Rand's gains. This is according to the Automobile Association (AA), which was commenting on unaudited monthly fuel price data released by the Central Energy Fund. "The Rand has progressively appreciated against the US dollar since 1 July, dipping below the R14 to the dollar mark," the AA says. "However, international oil…

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