Government-owned petroleum and gas companies are in the process of being merged under the new company while the legislative process is still underway in parliament.

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

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

ANC national chairperson Gwede Mantashe says if the party’s deployees in the Government of National Unity (GNU) work hard ...

The DA calls for the R17.3 million in bonuses, paid by PetroSA to its top executives, to be paid back immediately and the legal opinion which informed this disastrous payment must be made public and ...

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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 board of state-owned oil company PetroSA has suspended group chief executive officer Xolile Sizani just eight months after his appointment. Screenshot: YouTube SABC In a statement released on ...

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 ...

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 ...

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 ...

Today, the Committee on Energy was told of a further R1.1 billion impairment for current 2016/17 financial year at PetroSA. This is on top of another forensic report that was presented to the ...