Parliament's committee on environment, forestry and fisheries says it is unhappy with Engen, after an oversight visit to Durban following a blast at the company's refinery last year. Residents affected by the explosion said they were not taken seriously by the local government or Engen, and people remained sick and traumatised. The portfolio committee said it would request more reports and information from Engen before returning to the affected communities.…

Fuel prices are set to jump significantly on Wednesday 3 February on the back of increases in average international product prices for petrol, diesel and illuminating paraffin. Both grades of petrol – 93 and 95 (or unleaded and lead replacement) – are set to increase by 81 cents per litre, while diesel 0.05% sulphur will increase by 58 cents per litre. Diesel 0.005% sulphur will increase by slightly more at…

The price of fuel is set for another increase in February. • The price of petrol is expected to rise by 82 cents. • The rise is down to an increase in global oil prices. • For more motoring stories, go to www.Wheels24.co.za Follow @Wheels24 Fuel prices are set for a significant spike when the price for February is adjusted next week. According to the Automobile Association (AA), this is concluded from unaudited month-end…

Fuel prices are set for a significant spike when the price for February is adjusted next week, the Automobile Association (AA) predicted on Friday. It was commenting on unaudited month-end fuel price data released by the Central Energy Fund. The AA expects the price of petrol to rise by up to 82 cents a litre, diesel by 59 cents a litre and illuminating paraffin by 60 cents. This is because…

 Fuel prices saw significant hikes earlier in January.  • A 60-litre tank already costs more than R800 to fill up.  • Various factors can contribute to more use of fuel if your car is not in top shape.  • For more motoring stories, go to Wheels24. Following hefty January fuel price increases - petrol by between 40 and 43 cents per litre, and diesel by between 54 and 55 cents a…

Oil declined from a 10-month high as the dollar strengthened, taking the steam out of a recent rally, while investors assessed what impact a potential U.S. stimulus package will have on driving fuel demand higher. Futures in New York slid 0.9% to trade near $53 a barrel as a stronger dollar reduced the appeal of raw materials like oil that are priced in the currency. President-elect Joe Biden will ask…

Unless the picture changes dramatically for South Africa's fragile economy by the end of January, the price of petrol could increase by 80 cents a litre, diesel by around 61 cents a litre, and illuminating paraffin by about 63 cents in February. This is the view of the Automobile Association (AA) based on unaudited mid-month fuel price data released by the Central Energy Fund "The problem is international oil prices,…

Oil retreated as the dollar strengthened, with the steam coming out of a recent rally, even as President-elect Joe Biden proposed a huge US stimulus package and China’s economic recovery gathered pace. Futures in New York lost 0.9% as a stronger dollar reduced the appeal of raw materials like oil that are priced in the currency. Both West Texas Intermediate and Brent crude are trading in overbought territory, according to…

The Zambian finance ministry removed a 16% value-added tax on gasoline and diesel prices from January 1, which it said was necessary to avoid increases at the pump. The IMF opposes subsidies and that could prove to be a stumbling block in the government’s talks for assistance  Subsidy cuts and wage freezes will be a difficult sell to citizens as President Edgar Lungu seeks re-election in August Zambia’s move this…