Three global petroleum companies dumping South Africa
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TotalEnergies, Europe’s largest oil company, recently announced plans to give up its licence to drill for oil and gas off the shore of South Africa. The French company spent at least R7.4 billion to find significant oil reserves off the cost of South Africa in 2019, with estimates putting the reserves at around 1 billion barrels of hydrocarbons.
Oil refinery closures, cleaner fuels and security of supply
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Oil refinery closures, cleaner fuels and security of supply in South Africa. Firefighters putting out a fire at an Engen oil refinery on 4 December 2020 in Durban, South Africa. Gallo Images via ...
SA oil refinery closures, shift to cleaner fuels may improve
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The closures of South Africa’s small, ... The one liquid fuels-related story that attracted attention in the local media was the temporary closure of an inland oil refinery due to delays in ...
South Africa's Central Energy Fund gets Durban refinery land
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South Africa's stateowned Central Energy Fund has actually gotten land and assets at the nation's largest refinery which has actually run out operation for the last two years, the energy ministry said on Saturday. Oil major Shell stated earlier this month that it would divest its bulk shareholding from a regional South African downstream system after a detailed review of its organizations ...
Oil refinery closures, cleaner fuels and the security of
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- Which oil refinery is still in operation in South Africa?
- Until Astron restarts, the only local crude oil refinery still in operation is the 108000 bbl/d Natref refinery in Sasolburg, in the Free State, which belongs to a joint venture between energy companies Sasol Oil and TotalEnergies South Africa.
- When did the SAPREF refinery open?
- The Sapref refinery was commissioned (began operating) in 1964 in the port city of Durban. It contributed 35% of South Africa’s refinery capacity and refined 180,000 barrels of imported crude oil per day. It was South Africa’s biggest refinery, until it was temporarily closed in 2022 after floods damaged the plant. It never reopened.
- Which is the largest refinery in South Africa?
- Sapref is the largest refinery in southern Africa, based in Durban. (Photo: LinkdIn / Sapref) The closures of South Africa’s small, old and inefficient refineries are economically painful in the short term. But they also offer the prospect of better outcomes if government acts sensibly.
- Does South Africa have oil refining capacity?
- South Africa ’s oil refining capacity has always been rather small when considered on a global scale, but there was some sense of national pride and of security in knowing that the country could deliver ? even if most of the crude input had to be imported.