Explosion at Sasol US chemical plant

2020-01-14 16:33

Sasol has reported an explosion which resulted in a fire at its controversial US chemicals plant.

New Eskom CEO engaged in questionable stock sales at Sasol - audit report

2019-12-20 10:15

The report formed part of a previous risk and corporate governance assessment commissioned by the petrochemical conglomerate.

Sasol CEOs forced to quit after US fiasco

2019-10-28 08:08

Sasol’s joint CEOs, Bongani Nqwababa and Stephen Cornell, have agreed to resign after an independent review into the company’s disastrous US project.

Sasol again delays results as it deepens probe into its US project

2019-09-06 11:06

The petrochemical group says it now hopes to release its earnings report by end October.

Eskom, Sasol drive sulphur emissions in Kriel to second highest on earth - Greenpeace

2019-08-19 07:33

The area around coal-fired plants owned by South Africa's state power utility Eskom ranks as the world's second-largest hotspot of sulphur dioxide emissions, according to Greenpeace.

Sasol delays results for review of $13bn investment

2019-08-16 11:51

Sasol has plunged the most in more than two decades after the company delayed its financial results for a month to coincide with a report on what went wrong during construction of its near-$13bn Lake Charles chemical project in Louisiana.

Sasol's shock slump has wiped out billions - but it's not even among the 10 biggest one-day falls on the JSE

2019-05-23 16:48

It has been a tough week on the JSE, with Sasol losing 13% in a single session.

Government taken to court after doubling coal-emission limits

2019-05-06 18:40

South Africa’s government is facing a legal challenge over its decision last year to double the amount of sulfur dioxide that coal-fired power plants and refineries can emit.

Sasol opens new coal mine

2019-04-12 14:24

Sasol has opened a new coal mine, in a R5.6bn investment geared to supply its Secunda Synfuels Operations.

Sasol denies claims it intentionally polluted Vaal River

2019-02-22 05:24

A whistleblower's claims that Sasol is to blame for the intentional pollution of the Vaal River have been vehemently denied by the petrochemical giant at a South African Human Rights Commission inquiry.


Eskom’s new boss officially starts today – here’s what we know about André de Ruyter

2020-01-06 09:05

Apart from a renewed bout of load-shedding and power stations that are falling apart, the new Eskom CEO heads an operation with earnings that are far exceeded by its debt repayments.

Sasol scraps short-term management incentives in wake of US cost overruns

2019-11-27 14:51

The petrochemicals group's outgoing chairperson says the Lake Charles Chemicals Project's shortcomings were so significant that the senior management should receive no rewards.

Sasol said to plan sale of its SA coal mining unit

2019-09-18 14:44

The mining business had turnover of R20bn in the 2018 financial year.

Sasol met with fund managers as US plant’s costs climbed

2019-08-20 16:47

Sasol, South Africa’s biggest company by revenue, said it held meetings with shareholders as dissatisfaction grew over cost overruns at the $13bn Lake Charles chemical project in the US.

Sasol scared the markets with a cryptic warning and lost R20 billion in 15 minutes

2019-08-16 14:22

It's time the board takes responsibility for mistakes, investment managers say.

Last week was horrifying for big SA businesses and their bosses — here’s how the losses are piling up

2019-05-27 05:30

So far, 2019 has been disastrous for investors in most of South Africa’s largest listed companies.

Sasol's US Lake Charles cost estimate jumps to $12.9 billion

2019-05-22 08:06

The new figure is almost $1bn more than the company expected three months ago

WATCH: Clash of councillors could sink R35m Sasol project

2019-04-29 18:11

A clash between a senior ANC councillor and her fellow councillor during a meeting of the Lekwa municipality in Standerton, could lead to a multimillion-rand water and electricity project going down the drain.

Former Exxaro CEO named Sasol's chairperson designate

2019-04-11 10:03

The energy and chemicals company says Mandla Gantsho will retire from the board at the conclusion of the company’s annual general meeting in November.

Sasol intentionally polluted the Vaal River, SAHRC inquiry hears

2019-02-21 05:25

An official at Sasol Secunda has accused the petrochemical giant of intentionally polluting the Vaal River.

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