24 May 2012 08:12
South Africa is looking to source more oil from Nigeria, suggesting Pretoria is moving to cut crude imports from Iran to avoid looming US sanctions.
13 May 2012 12:51
Sasol says it has signed an agreement with a Finnish company to operate and maintain a power plant in Sasolburg.
13 May 2012 11:28
As from July 1, South Africa will be in breach of US law and will face financial sanctions because of its continued oil imports from Iran.
07 May 2012 09:53
Sasol shares fell as oil and other assets slumped after Greece and France elected new leaders, raising fears of a fracturing of the eurozone response to its debt crisis.
01 May 2012 15:35
Oil imports from Iran rose to R3.37bn in March from February's R2.8bn, indicating Pretoria did not bow to US pressure to curb commercial links with Tehran.
15 Apr 2012 12:11
A small-time oil company has taken the entire national oil industry to the Competition Tribunal, accusing it of bullying.
04 Apr 2012 07:56
Engen, the South African unit of Malaysian state oil firm Petronas, has halted all imports of crude from Iran, a spokesperson says.
02 Apr 2012 10:42
Customs data show imports of crude oil surged after dropping to zero in January, contradicting the view that SA has bowed to US pressure to cut links with Iran.
27 Mar 2012 17:22
Government data show that no oil was bought from Iran while imports from other producers rose in January, suggesting SA heeded US calls to cut Iranian imports.
25 Mar 2012 12:11
Petrochemical giant Sasol's latest results mean those who bought shares can look forward to a healthy dividend yield.