This is what you can expect to pay for fuel in February

2020-01-17 12:48

Fuel prices are likely to show marginal changes in February, according to the Automobile Association (AA) however diesel is likely to increase by 13 cents per litre.

SA's next fuel hike in November won't break the bank for motorists

2019-10-19 00:04

Fuel prices are showing a mixed picture for November, with some prices predicted to climb and others falling, according to the AA.

PetroSA can survive 'beyond today' thanks to emergency plan, MPs hear

2019-03-12 17:54

Turning around state oil company PetroSA is one of the biggest priorities of its parent company, the Central Energy Fund.

Petrol price relief: November price cut expected after eight long months

2018-10-25 16:01

But the same data that suggests a petrol price cut shows there could be trouble for diesel users.

Rand rout threatens fuel price stability, warns AA

2018-08-15 14:59

The substantial rand weakness could undo recent fuel price stability, warns the Automobile Association, commenting on unaudited fuel price data.

CEF to probe PetroSA, SFF deals and will seek legal action over fuel sale

2017-10-24 06:01

The Central Energy Fund's board wants a court to declare an illegal sale of SA's strategic oil reserves void, and plans to launch a full-scale probe into the Strategic Fuel Fund and PetroSA, a source told Fin24.

Wait on for veil to lift on SA secret fuel sale

2017-10-03 07:02

The Central Energy Fund board chairperson says the fund is still calculating how much SA lost when 10.3 million barrels from its strategic fuel reserve were sold off in 2015.

Only two board members left at beleaguered PetroSA - report

2017-06-07 12:13

Four of the six remaining board members at PetroSA have tendered their resignations, according to a report.

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.

Petro SA mum on business rescue reports

2017-05-04 17:10

The Central Energy Fund is handling certain issues regarding its subsidiary Petro SA internally and will make its decisions known in time, says a spokesperson.


Petrol price fluctuates as fundamentals tread water

2019-11-16 18:33

October's mixed fuel price picture has continued into November, with petrol showing an increase and other fuels dropping.

Net closing on those linked to the illegal sale of key crude oil stock, MPs hear

2019-03-13 06:15

Investigations into the disposal of strategic crude oil stock in December 2015 are expected to draw to a close soon, members of Parliament heard.

Central Energy Fund has 'good story to tell', posts R354m profit

2019-03-12 15:24

The state-owned national energy utility showed a profit after tax of R354m in the 2017/18 financial year, compared to a net loss of R621m in the 2016/17.

Bad news for motorists: Biggest petrol, diesel price hike 'in SA's history' - AA

2018-09-13 14:44

"Mid-month unaudited data from the Central Energy Fund is predicting the biggest fuel price hike in South Africa's history by some margin," according to the AA.

Fuel prices set to again increase in August - AA

2018-07-16 13:02

Current data from the Central Energy Fund suggests a price rise for petrol, diesel, and illuminating paraffin at the beginning of August, the Automobile Association has warned.

Caught between a rock and Zwane

2017-10-08 06:00

Facing insolvency, the Central Energy Fund is being dogged by a dodgy fuel deal and uncertainty over the role of the resources minister.

Energy Minister wants assurance on KPMG analysis of oil sale

2017-09-20 19:06

A probe into South Africa's sale of 10 million barrels of crude oil reserves in 2015 may be delayed after Energy Minister Mmamoloko Kubayi expressed concern that KPMG conducted a a key financial analysis in the probe.

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.

Central Energy Fund mum on fate of PetroSA board members

2017-04-24 20:16

The Central Energy Fund declined to comment on a report that its chairperson allegedly asked board members of PetroSA to resign with immediate effect.

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