South African petrochemicals group Sasol reported an annual loss on Monday, hit by a writedown of R111.6-billion and a drop in oil and chemical prices due to the coronavirus outbreak. The world’s top producer of motor fuel from coal reported a loss of …
Sasol swings to R91.3bn annual loss on lower oil prices, writedown Read More »
Sasol expects binding bids within weeks for its stake in a natural gas pipeline running from Mozambique to South Africa, as the company accelerates asset sales to pay off debt, according to people familiar with the process. The bidding round underway f…
Sasol’s asset sale programme advances with bids due for pipeline Read More »
Sasol is considering additional divestments, including the potential sale of stakes in an African gas pipeline and a Middle Eastern plant, as it explores ways to reduce its $10-billion debt pile, people with knowledge of the matter said. South Africa’s…
Sasol to mull adding pipeline, Qatar plant to disposal plan Read More »
Integrated energy and chemicals company Sasol expects to finalise the scope of, and time needed for, repairs to the low-density polyethylene (LDPE) unit, at its Lake Charles Chemicals Project (LCCP), in Louisiana, in the US, during the second half of F…
Sasol to finalise scope of LCCP unit’s repairs in Feb Read More »
