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Petrosa

Ramakgopa comes up against a Ramaphosa-created monster: Mantashe
Analysis
/ 28 April 2023

Ramakgopa comes up against a Ramaphosa-created monster: Mantashe

When the president merged the mining and energy departments under his most powerful lieutenants he made a decision that would come back to bite him

By Sarah Smit and Ron Derby
Eskom’s diesel fate lies with the treasury
National
/ 25 November 2022

Eskom’s diesel fate lies with the treasury

The power utility can no longer pay its suppliers but a short-term solution is in place while the treasury comes up with a payment solution

By Mandisa Nyathi
How to keep SAA, PetroSA, Eskom away from politicians
Business
/ 19 January 2022

How to keep SAA, PetroSA, Eskom away from politicians

The state capture report reveals a governance crisis at state-owned entities. Experts weigh in on how this came to be and what to do about it.

By Anathi Madubela
SAA: PIC allegations are Harith’s albatross
Business
/ 20 June 2021

SAA: PIC allegations are Harith’s albatross

Sipho Makhubela assures that the private equity firm has what it takes to raise the capital to get SAA flying again

By Sarah Smit
Former iGas member accuses Gwede and CEF of interfering
Business
/ 10 September 2020

Former iGas member accuses Gwede and CEF of interfering

Board members have quit the gas company, accusing the Central Energy Fund of poor governance, and the energy minister of overreach

By Thando Maeko
Unions calls for the disbanding of PetroSA board
Article
/ 13 June 2019

Unions calls for the disbanding of PetroSA board

Three different unions have made the demand, citing maladministration and irregular appointments as PetroSA reels from staggering losses

By Athandiwe Saba
Nuclear deal would have dealt a blow to SA economy —Fuzile
Article
/ 18 February 2019

Nuclear deal would have dealt a blow to SA economy —Fuzile

The drive for nuclear energy has been cited by ratings agencies as a major reason for credit downgrades

By Sarah Smit
Gas find could save PetroSA
Article
/ 15 February 2019

Gas find could save PetroSA

The state’s struggling company says Total will also benefit if it piggybacks on its infrastructure

By Tebogo Tshwane
Reluctance to follow due process in nuclear, PetroSA deals says Gordhan
Article
/ 19 November 2018

Reluctance to follow due process in nuclear, PetroSA deals says Gordhan

Pravin Gordhan says there was a reluctance to follow due process in the PetroSA-Engen and Russian nuclear deals

By Gemma Ritchie
Dodgy diesel: Shell to quit PetroSA
Article
/ 2 November 2018

Dodgy diesel: Shell to quit PetroSA

The desperate state oil company’s ill-conceived bid to refine crude at its gas-to-liquid plant might be the last
nail in its coffin

By Sabelo Skiti
Unembargoed: September 7 to 13
Article
/ 10 September 2018

Unembargoed: September 7 to 13

Fix it, Cyril: The optimism that greeted President Ramaphosa’s ‘thuma mina’ call has faded as the economy has shrunk

By Mg Reporter
No end to PetroSA’s woes
Article
/ 7 September 2018

No end to PetroSA’s woes

​Members of PetroSA’s interim board are at loggerheads with their chairperson, Nhlanhla Gumede

By Athandiwe Saba
Minister halts R22bn PetroSA deal
Article
/ 17 August 2018

Minister halts R22bn PetroSA deal

Poor planning, increased financial losses and depleting gas feedstock cited as reasons

By Sabelo Skiti
On-off oil refinery back on the table
Article
/ 18 May 2018

On-off oil refinery back on the table

The minister of energy announced that an implementation framework for a new oil refinery would be finalised this year

By Lynley Donnelly
PetroSA former board members lose bid for reinstatement
Article
/ 22 September 2017

PetroSA former board members lose bid for reinstatement

The Western Cape High Court has dismissed the former PetroSA board members’ application to be reinstated.

By Athandiwe Saba
Boardless Prasa inks R57bn deal
Article
/ 15 September 2017

Boardless Prasa inks R57bn deal

Just who authorised a lucrative rail contract between the embattled parastatal and China?

By Lisa Steyn
R200m oil deal probe in a skid
Article
/ 1 September 2017

R200m oil deal probe in a skid

Despite a damning report nothing has been done to bring 
the culprits to book

By Athandiwe Saba
Minister set to ‘cripple’ energy fund
Article
/ 22 August 2017

Minister set to ‘cripple’ energy fund

Moving the state-owned mining company to Mosebenzi Zwane’s control has sparked new fears of state capture and conflict of interests

By Athandiwe Saba
White monopoly capital: Good politics, bad sociology, worse economics
Article
/ 16 May 2017

White monopoly capital: Good politics, bad sociology, worse economics

The debate about white monopoly capital in post-apartheid South Africa is good for the country’s politics but it tends to come with bad sociology

By Roger Southall
Letters to the editor: January 6 to 12 2017
Article
/ 6 January 2017

Letters to the editor: January 6 to 12 2017

Readers write about report card missteps and the Ikusasa Student Financial Aid Programme

By Letters
PetroSA boss Mapula Modipa steps down
Article
/ 22 June 2016

PetroSA boss Mapula Modipa steps down

PetroSA on Wednesday announced the voluntary departure of Mapula Modipa, who is set to step down at the end of June after a year at the helm.

By Staff Reporter
State loses patience with parastatals
Article
/ 5 November 2015

State loses patience with parastatals

The government is pushing for legislation to overhaul South Africa’s foundering state enterprises.

By Lynley Donnelly
Tina Joemat-Pettersson’s PetroSA mail raises eyebrows
Article
/ 9 July 2015

Tina Joemat-Pettersson’s PetroSA mail raises eyebrows

Did the minister push a lucrative oil deal with a backer of Zuma’s education trust?

By Sam Sole Author, Sam Sole, Craig Mckune and Stefaans Brummer
How PetroSA boss rewrote history
Article
/ 15 January 2015

How PetroSA boss rewrote history

A forensic audit has found that records were altered to have a price hike okayed

By Craig Mckune
PetroSA’s ex-boss must repay R83m
Article
/ 8 January 2015

PetroSA’s ex-boss must repay R83m

Tenza goes to ground as court orders that he cough up for ‘irregular procurements’

By Craig Mckune
Was advocate tainted by Krejcir graft?
Article
/ 28 November 2014

Was advocate tainted by Krejcir graft?

Legal consultant Brenda Madumise has admitted to receiving R1m in cash from the Czech fugitive.

By Amabhungane
Beetle-mania! Who flung dung?
Article
/ 19 December 2013

Beetle-mania! Who flung dung?

Our investigations were made for prime time. Reintroducing the AmaBhungane reports that stole the show.

By Amabhungane
PetroSA said to buy Petronas’s majority Engen stake
Article
/ 17 July 2013

PetroSA said to buy Petronas’s majority Engen stake

The state-owned oil company remains tight-lipped over the matter, but confirmed it has engaged in negotiations with various potential partners.

By Andre Janse Van Vuuren and Paul Burkhardt
Interpol: We are not involved in PetroSA investigation
Article
/ 1 May 2013

Interpol: We are not involved in PetroSA investigation

The Hawks have denied reports that Interpol is involved in an investigation into a spending scandal at state-owned oil producer PetroSA.

By Sarah Evans
PetroSA chair vacates position on back of R1bn Oilgate 2 scandal
Article
/ 29 April 2013

PetroSA chair vacates position on back of R1bn Oilgate 2 scandal

PetroSA chair Benny Mokaba has vacated his position, following an energy department investigation into irregular spending and a damning M&G report.

By Staff Reporter
HSBC was cut loose for pricey, less experienced Harith
Article
/ 26 April 2013

HSBC was cut loose for pricey, less experienced Harith

In about 2008, PetroSA appointed HSBC, a financial services institution, to advise the oil company on its efforts to expand into petrol retail.

By Amabhungane
No image available
Article
/ 5 October 2012

New refinery will place others at risk

South Africa lacks the demand and infrastructure for the huge Mthombo plant at Coega, experts say. Lynley Donnelly reports.

By Lynley Donnelly
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