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Sasol Oil

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Article archive for Sasol Oil;

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South African refinery blast injures 11 22 May 2017

On May 22, a blast at the Natref oil refinery injured 11 people, according to a statement by plant co-owner Sasol. The 108,000 barrel per day refinery, situated in Sasolburg south of Johannesburg, remains operational but facilities in the vicinity of the hydrogen compressors where the blast occurred have been closed down....

GTL project developed 14 April 2009

Sasol, Uzbekneftegaz (the National Oil and Gas Company of Uzbekistan), with Petronas from Malaysia, has marked a significant milestone with the signing of a Heads of Agreement for the development and implementation of a Gas to Liquids (GTL) project, as well as a Memorandum of Understanding for mutual cooperation in the oil and gas industry, in the Republic of Uzbekistan....

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Volatile markets force LNG company to cut expenditure 18 March 2009

The volatility and uncertainty in global markets have prompted Sasol, the world’s leading producer of liquid fuels from coal and gas, to reduce its capital expenditure for the coming three years by 40% to R28bn, in an attempt to conserve cash. This is despite previous reports of a 45% year-on-year increase in profits, due to higher oil prices and a weaker rand. Sasol wants to cut "discretionary expenditure" in the form of dividends and capital expenditure relating to smaller projects. ...

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Sasol oil to deploy Wam Systems’ planning solutions 13 January 2009

Wam Systems, a leading provider of supply chain planning solutions designed for process manufacturers, announced it has entered into a definitive agreement to implement its Picaso supply chain planning solution in support of Sasol Oil’s integrated supply chain. ...

Sasol pursues exploration in Mozambique waters 01 October 2008

Sasol and the Mozambican state oil company, Empresa Naçional de Hidrocarbonetos E.P. (ENH), have announced the finalisation of drilling and towing contracts to pursue its hydrocarbon exploration project in offshore Mozambique....

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Sasol pursues offshore exploration in Mozambique 07 August 2008

Sasol and the Mozambican State Oil Company, Empresa Naçional de Hidrocarbonetos, have finalised drilling and towing contracts to pursue its hydrocarbon exploration project in offshore Mozambique. Drilling operations will start during the third quarter of 2008. A lease agreement has been signed for a mobile offshore drilling unit with Transocean Offshore International Ventures. ...