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Crude Oil

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Role model: The Dangote refinery in Nigeria is a reminder that African ambition can materialise under the right conditions. Photo: Dangote Industries
AFRICAN CONTINENTAL FREE TRADE AREA AFCFTA

Africa can survive global shock

The Dangote refinery in Nigeria offers a reminder that African ambition can materialise when the enabling environment and project size meet. AfCFTA’s promise is to replicate…

  • Anthony Ohemeng-Boamah
6 min read
The department of mineral and petroleum resources has confirmed that petrol will increase by R3.27 a litre, while diesel will increase by R6.19a litre, depending on the sulphur grade
95 GRADE

Petrol price to fall by 28 cents from 6 August, diesel to rise

From Wednesday, 95-grade unleaded petrol will cost R21.59 per litre in Gauteng and R20.76 in coastal areas

  • MG Reporter
2 min read
A fire at the Enref oil refinery, operated by Engen, in Durban, resulted in its closure in December 2020. It had produced about 17% of South Africa’s fuel. Photo: Darren Stewart/Gallo Images
ASTRON ENERGY

South Africa will always feel fuel shocks

As motorists reel amid higher petrol prices, only two of the country’s oil refineries are operational

  • Anathi Madubela
6 min read
Photo: Dwayne Senior/Bloomberg via Getty Images
CRUDE OIL

Petrol and diesel prices decrease on Wednesday

The Department of Mineral Resources and Energy said the drop is due to lower international crude oil prices

  • Umamah Bakharia
1 min read
The retail price of both grades of petrol sold in South Africa will dip by 7 cents a litre from Wednesday. (Waldo Swiegers/Bloomberg via Getty Images)
CRUDE OIL

Hefty fuel increase for October

Higher crude oil prices, US refinery shutdowns, global diesel shortages and a weaker rand among the factors blamed

  • Mandisa Makgakga
1 min read
The South African Petroleum Refineries, which boasted 35% of the country’s crude oil-refining capacity, announced that production had stopped at the end of March. Photo: ALEXANDER JOE/AFP via Getty Images)
AFRICA

Africa low on refineries, including oil-producer Nigeria

Because of their lack of oil refineries, African countries become vulnerable to fluctuations on global markets

  • Anathi Madubela
7 min read
A woman waves a Canadian flag during the Convoy for Canada protest on Parliament Hill in Ottawa, Ontario, on February 19, 2019. – A convoy of big trucks from Canada’s oil producing regions rolled into the capital Tuesday as hundreds of people including “yellow vest” activists rallied in protest at government curbs on pipeline construction. Parked outside parliament, they honked horns and waved placards reading “Canadians need pipelines and good paying jobs,” as they pressed for new regulations allowing the industry to expand.”This country was built on natural resources,” Ottawa area farmer and former politician Jack MacLaren told a cheering crowd. (LARS HAGBERG/AFP via Getty Images)
BOTSWANA

Canada’s flag flutters over crude oil exploration in the Namibia, Botswana Kavango Basin

The oil and gas lies under wild and beautiful land that is critical for providing millions of people with drinking water and livelihoods, and is home to endangered wildlife

  • Tzeporah Berman and Ina-Maria Shikongo
6 min read