Some maize farmers are struggling to get fuel to harvest their crops, amid fuel rationing. Diesel is also used to transport maize to silos, to mills, and to stores. That means the availability of maize meal might be hit. The diesel demand was stronger than expected as lockdown started to ease.  For more articles, go to www.BusinessInsider.co.za. South Africa may face a maize meal crunch as diesel shortages start to…

Get the app that saves you money every time you fill up at your nearest station that supports Mighty Mobile Adjusting to lockdown living? Many of us are dreaming about all the places we’ll go and things we’ll do when social distancing is nothing but a distant memory. Now there’s a way to help you save on petrol so you can explore even more – and gain points. Save money…

A Free State gas company has signed a deal with Total to set up liquefied natural gas (LNG) pumps on the N3, one each near Johannesburg and Durban. They will sell LNG as an alternative fuel for adapted vehicles, at a price pegged at a minimum of 25% less than diesel. But there won't be enough LNG to go around, at first, so ordinary motorists are out of luck. For…

The energy and chemical company has unveiled an organisational overhaul.   Unions have been served with consultation letters over possible impact on jobs. The group has been under pressure from the combined effects of weaker oil prices and the global impact of Covid-19. Battered by the impact of volatile oil prices and high debt, Sasol on Thursday unveiled an overhaul of its business which will see the company take a step back…

Demand for petrol and diesel is set to heal by the end of the year but the coronavirus crisis is likely to leave scars on the airline industry and the oil market, the International Energy Agency said on Tuesday. The IEA continued to upgrade its forecasts for the oil market in its latest monthly report as more countries ease lockdown measures that have pushed the world economy into its greatest…

It was too good to be true. Last weekend’s OPEC+ meeting took a decision in record time to extend deep output cuts that had halted a dramatic slide in prices — and members even agreed to abide by them. The timing was perfect. The deal would keep oil from flooding the market, allowing time for demand to recover as economies around the world fire back up after draconian coronavirus lockdowns. Yet…

Two people have died in a gruesome tragedy on Houwhoek Pass near Grabouw in the Western Cape after a car collided with a petrol tanker on Saturday. In a video of the accident posted on Facebook, the voice of the unnamed driver of the truck can be heard explaining what happened. He said a car carrying two occupants swerved right into the direction of his truck as he travelled down…

Sasol [JSE: SOL] has received offers from firms including Ineos Group for a large stake in a US chemical complex it is selling to shore up its finances, according to people familiar with the matter. Chevron Phillips Chemical and LyondellBasell Industries are also among those moving into a second round of bidding for a slice of the Lake Charles project in Louisiana, the people said, asking not to be identified…

Cabinet has given its approval to start a process to establish a single National Petroleum Company. The entity will be made up of the three current subsidiaries of the Central Energy Fund, namely PetroSA, the Strategic Fuel Fund and iGas, Cabinet said in a statement following a meeting on Wednesday in which it was briefed on the rationalisation of the companies. "Cabinet approved the proposed appointment of a professional restructuring…

Motorists in the interior of South Africa may experience ongoing fuel shortages this week due to damage to a Transnet pipeline carrying fuel from Durban to Gauteng. In the current financial year, Transnet pipelines have already suffered 21 incidents of tampering by perpetrators hoping to steal fuel. The 61cm diameter multiproject pipeline in question stretches from Durban to Jameson Park in Johannesburg. The damage to the pipeline, which was done…