Industry News

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06
Jul

PICS | Cape Town refinery blast: No danger to surrounding area, says company

Astron Energy says there is no immediate danger to the surrounding area of Milnerton in Cape Town. Two people died in the explosion and seven others were injured. Pictures show officials on scene inspecting after the early morning blast. Astron Energy company has assured the surrounding communities of its Milnerton site in Cape Town that there is "no danger" to the area after two employees died in a massive blast.…

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03
Jul

SEE | Fuel prices increase on Wednesday, here are five fuel-saving tips

Petrol and diesel increases from Wednesday July 1 • Many South Africans have returned to work after the lifting of lockdown restrictions • We look at several fuel-saving tips to consider Petrol will increase by R1.72 a litre and diesel will increase by R1.73 the Department of Energy announced. This translates into a price of R15.12 per litre inland, and coastal regions will fork out R14.42 per litre of petrol.…

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30
Jun

SA’s big petrol brands score high with customers – but one lags behind

  While most South Africans can’t really tell the difference between fuel quality, when it comes to choosing a petrol station, the stakes are high - and the race is tight. Engen scored the highest in a customer satisfaction survey conducted by marker research firm Consulta at the end of 2019. Bringing in the rear was Caltex, which came in below the industry average. Engen had an overall score of 80.8 index points –…

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30
Jun

Petrol, diesel prices to rise as global oil price recovers

South African motorists will be paying R1.72 per litre more for the most popular grade of petrol from Wednesday. Prices for diesel and illuminating paraffin are also set to increase. Minister of Mineral Resources and Energy, Gwede Mantashe, released the schedule of new fuel prices on Tuesday. They come into effect from Wednesday morning. The key contributor to the rise in prices at the pump was an increase in the…

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29
Jun

Large petrol hike coming this week – but fuel will still be cheaper than in March

Fuel prices are expected to be hiked by more than R1.70 on Wednesday. The oil prices have jumped over the past month, while the rand has not recovered to pre-Covid-19 levels. The price of 95 petrol in Gauteng hit R12.22 in May, but is now expected to climb to R15.13. For more articles, go to www.BusinessInsider.co.za. A large R1.73 a litre hike is expected in petrol prices on Wednesday this week.…

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29
Jun

Fuel prices projected to increase due to weak rand, rebound in global oil market – AA

The Automobile Association is projecting that South African motorists will pay about R1.73 more for a litre petrol, and R1.74/l more for diesel, from next week when fuel prices for July come into effect. It was commenting on unaudited month-end fuel price data released by the Central Energy Fund. The AA said the main reason for the rise in fuel prices is the rebound in international oil prices. It also…

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25
Jun

Diesel theft threatening SA food security, warn farmers

Diesel fuel is being stolen from pipelines, causing shortages and price increases that could threaten South Africa’s food security, according to farming lobby Agri SA. Farmers are dependent on diesel for harvesting and to transport produce, the group said in a statement Thursday. The dairy and fresh produce supply chain is particularly vulnerable. The alleged theft and vandalism of diesel supply lines that run from Durban to Johannesburg have resulted…

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25
Jun

Standard Bank faces protest over plans to fund oil pipeline

Standard Bank Group Ltd., which is Africa’s biggest bank by assets, faces opposition from environmental activists to its plan to fund an oil pipeline in East Africa. International group of climate activists that opposes the use of fossil fuels, 350.org will on Thursday hand over a petition signed by more than 20 000 people to the bank’s headquarters in Johannesburg, according to a statement. The East African Crude Oil Pipeline…

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25
Jun

SA’s diesel shortage: Some farmers struggle to find fuel to harvest and deliver their crops

Some maize farmers are struggling to get fuel to harvest their crops, amid fuel rationing. Diesel is also used to transport maize to silos, to mills, and to stores. That means the availability of maize meal might be hit. The diesel demand was stronger than expected as lockdown started to ease.  For more articles, go to www.BusinessInsider.co.za. South Africa may face a maize meal crunch as diesel shortages start to…

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24
Jun

Win fuel for a year with Mighty Mobile

Get the app that saves you money every time you fill up at your nearest station that supports Mighty Mobile Adjusting to lockdown living? Many of us are dreaming about all the places we’ll go and things we’ll do when social distancing is nothing but a distant memory. Now there’s a way to help you save on petrol so you can explore even more – and gain points. Save money…

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