As a state-owned enterprise created to play a strategic role in the oil and gas industry, PetroSA’s success or failure has ...

For more financial news, go to the News24 Business front page. State-owned oil company, PetroSA has announced that its CEO, Xolile Sizani, has been suspended. In a statement on Thursday, it said that ...

PetroSA has suspended its CEO, Xolile Sizani, eight months after his appointment, pending an investigation. The embattled state-owned entity (SOE) made the announcement on Thursday. PetroSA did ...

The South African National Petroleum Company (SANPC) has been approved to start operating. PetroSA is not included in the new entity due to poor finances, but Mantashe said that getting the ...

South Africans need to be in the know if we want to create a prosperous future. News24 has kept the country informed for 25 years, and we're about to enter a new chapter of fearless journalism. Join ...

Ghana's crude oil output increased by 10.7% year-on-year in the first six months of 2024, reversing an annual production decline that began five years prior, the country's public interest and ...

The corruption-plagued state-owned oil company PetroSA on Thursday appointed Mmete Fusi as its acting chief executive. PetroSA said in a statement that Xolile Sizani had been “recused from ...

Ghana's crude oil production rose by 10.7% in early 2024, marking the first increase after five years of decline.

The Petroleum Oil and Gas Corporation of South Africa (PetroSA) has appointed Mmete Fusi as acting group CEO, effective immediately. The entity highlights that Fusi has vast leadership experience ...

Ghana's crude output increased 10.7% on an annual basis in the first half of 2024. This reversed a five-year-old decline in production.

Further pain was felt by working class families and the economy with the 475 basis points hike in the repo rate by the SARB ...

South Africa could potentially raise its gross domestic product (GDP) by 5% to 8% with the development of the upstream oil and gas industry, Minister of Mineral and Petroleum Resources Gwede ...