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 ...

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At the same time, Cabinet on Monday approved a partnership between PetroSA Russia’s third-largest bank, Gazprombank, to restart its gas-to-liquids refinery in Mossel Bay. OUTA's Wayne Duvenage ...

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 ...

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 ...

Speaking at the African Energy Week conference on Thursday, he reiterated the strategic importance of reviving the Mossel Bay ...

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

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.

The Department of Mineral Resources and Energy (DMRE) has concluded public hearings and is ready to present the South African National Petroleum Company (SANPC) Bill, 2024 for scrutiny by the ...

On 21 October 2024, the draft Petroleum Products Bill (Bill) was published in the Government Gazette in South Africa. The ...