HOT TOPICS
ARTICLES RELATING TO STRATEGIC FUEL FUND

Minister denies CEF board suspension

2017-08-01 15:51

Energy Minister Mmamoloko Kubayi has denied that she had suspended the Central Energy Fund's board members.

Energy minister wants to clean house after fuel stock saga

2017-05-19 19:56

The sale of SA’s strategic fuel stock has prompted Energy Minister Mmamoloko Kubayi to second her director-general to act as CEO at the Strategic Fuel Fund.

New twist in sale of Chevron's SA assets after fuel fund saga

2017-01-05 07:54

An oil trader group is suing Cerberus Capital Management, alleging the firm is refusing to pay its share of costs incurred when they made a failed R8.8bn bid for Chevron in SA.

Central Energy Fund grilled over oil deal

2016-11-08 14:07

The Central Energy Fund is being trounced by Parliament over its failure to recognise the gravity of the controversial sale of 10 million barrels of SA’s crude oil reserves.

Strategic Fuel Fund CEO resigns after Chevron bid

2016-07-03 09:34

The Strategic Fuel Fund's chairperson and acting chief executive have stepped down, following the fund's unauthorised bid to buy Chevron's assets.

Strategic Fuel Fund's bid for Chevron assets not approved - DoE

2016-06-30 13:17

The Department of Energy says the Strategic Fuel Fund has not been cleared to make an offer to buy 75% of Chevron's refinery and other downstream assets.

 

Criminal charges in the pipeline for fuel fund execs - minister

2017-05-30 13:00

Energy Minister Mmamoloko Kubayi says her department's probe into the Strategic Fuel Fund's attempts to buy assets in the country from Chevron is heading for criminal action.

MPs demand answers on 'illegal' fuel stock sale

2017-05-19 13:17

Political parties have again lambasted the "secret" sale of South Africa's strategic fuel stocks and insist on answers from new Energy Minister Mmamoloko Kubayi about the deal.

Under-fire CEF to pay staff over R41m in bonuses

2016-11-11 10:54

The Central Energy Fund, which is responsible for overseeing PetroSA and the Strategic Fuel Fund, will pay more than R41m in bonuses to its staff this financial year.

Oilgate: How insiders stole R1.5bn in sale of SA’s strategic oil stockpile

2016-08-23 08:00

ALEC HOGG EXCLUSIVE: Those who engineered the sale of SA’s Strategic Fuel Fund on the conditions reported did it to enrich themselves.

Energy Dept to probe fuel fund’s interest in buying Chevron

2016-06-30 14:37

Energy Minister Tina Joemat-Peterson will investigate why the Strategic Fuel Fund has expressed interest in buying Chevron’s assets without her consent, says her department.

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