Petrochemical company Sasol will buy a 50% stake in a shale gas field in Canada for R7,14-billion, it said on Tuesday.
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/ 1 February 2011
Sasol will list its black empowerment shares on a new trading facility on the JSE, the two parties announced on Tuesday.
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/ 22 December 2010
South Africa’s Sasol is looking for more gas across Africa and beyond to boost its production of chemicals and synthetic fuels.
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/ 20 December 2010
Petrochemical giant Sasol has signed a $1-billion deal to buy a 50% stake in a shale petrol field owned by Canadian energy firm Talisman.
Greenpeace sues corporate giant for damages.
Private companies and banks itching to enter alternative energy market, writes Lionel Faull.
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/ 22 September 2010
Sasol took to the skies on Tuesday with the world’s first jet flight using fully synthetic fuel, the company said in a statement.
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/ 13 September 2010
Sasol on Monday reported a 5% rise in full-year headline earnings per share and said it was cautious on its outlook.
A competition watchdog has proposed fining Sasol 10% of its turnover for charging excessive prices for polypropylene and propylene.
Sasol will end its sponsorship of Springbok rugby at the end of 2010, company spokesperson Jacqui O’Sullivan said on Tuesday.
Sasol said on Monday it would explore for shale gas in the Karoo Basin in a joint venture with Statoil ASA and Chesapeake Energy Corporation.
Company escapes fine after agreeing to divest some of its fertiliser assets and settle with rivals who accused it of exclusionary practices.
Minister in the National Planning Commission Trevor Manuel has come out in defence of parastatals who splurged millions on Soccer World Cup tickets.
The Competition Commission has reached a settlement agreement with Sasol, finalising the abuse aspect of a fertiliser case.
On October 1 1987 a wage dispute at the Sasol 1 petroleum refinery in Sasolburg turned ugly.
Sasol has reported a 51% drop in first-half earnings, hit by a strong rand and lower crude oil prices.
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/ 23 October 2009
Chemicals giant could face billion-rand damages
claims, writes Lloyd Gedye.
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/ 14 September 2009
Sasol on Monday reported a 33% drop in full-year headline earnings and said it expects earnings for the 2010 financial year to fall.
Jet fuel suppliers to OR Tambo International, Africa’s busiest airport, played the blame game following a fuel shortage.
Sasol, PetroSA and Engen trade unions have declared a dispute with their employers after wage talks broke down, Solidarity said on Friday.
Sasol will pay more than R250-million in fines after the Competition Tribunal on Wednesday confirmed a settlement order.
Sasol’s fine for anti-competitive conduct in the fertiliser industry has been increased, the Competition Commission said on Tuesday.
Sasol, the country’s biggest fuel supplier, said on Thursday petrol supply in the country would be tight following the closure of a blending station.
Sasol’s headline earnings per share rose by 51% to R21,92 for the six months to end December 2008, the petrochemicals group said on Monday.
Alleged cartel behaviour by the fertiliser industry could open the way for civil lawsuits against large industry players such as Sasol.
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/ 20 February 2009
African Woman Footballer of the Year Nonku Alice Motlau shows that talent and modesty don’t always go hand in hand.
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/ 26 January 2009
Fuel giant has applied to Competition Commission for leniency.
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/ 22 January 2009
Finalist — Investing in the Future Corporate Award: Sasol.
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/ 19 January 2009
SA’s competition authority said it would probe gas and petroleum companies, including Sasol, for their possible role in price-fixing.
Sasol plans to invest $10-billion by 2015 to develop coal liquefaction plants in Indonesia, it was reported on Friday.
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/ 2 December 2008
The IDC said on Tuesday the pre-feasibility study for a R129-billion coal-to-liquid plant it was conducting with Sasol was due in March 2009.
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/ 31 October 2008
Sasol started drilling for hydrocarbons in blocks 16 and 19 offshore Mozambique in partnership with Malaysia’s Petronas earlier this month.