Sasol | Egypt Oil & Gas - Part 2

Sasol’s US Plant Costs Jumped to $11b

South African chemical and energy company Sasol reported that with the project 40% completed, the cost to construct its Lake Charles, Louisiana, chemical complex project, jumped 23.6%, to $11b from $8.9b.

Sasol Investing $1.4b in Mozambique Gas Platform

South African energy group Sasol has started drilling the first of what will be 12 new gas and oil wells in Mozambique –with first production expected in mid-2019–, where the government recently approved a production ...

Sasol Commences Drilling of Mozambique PSA Licence

South African firm Sasol drilled its first well in its new oil and gas field in Mozambique. The plan envisages the development of further hydrocarbon resources that will help to drive the growth of both Mozambique an ...

Sasol Nearly Doubles Gas Sales in Mozambique

South African energy producer Sasol almost doubled sales of natural gas from its Mozambican Pande and Temane fields in the nine months to March to 12.4bscf from 7.1bscf in the same period last year.

South African Sasol Records 24% Profit Decline

South African petrochemicals company Sasol said its earnings in the first-half of the current fiscal year dropped by 24% amid low oil prices and the company will cut its interim dividend by almost 19% in line with it ...

South Africa’s Sasol Develops Mozambique’s Oil, Gas Fields

South Africa's Sasol has obtained permission to drill for appraisal at an area adjacent to its Pande and Temane gas fields in Mozambique, the company stated without disclosing further details.

South Africa’s Sasol Expects its Q1, Q2 Profit to Fall 28%

South Africa's Sasol, the world’s biggest producer of liquid fuels from coal, announced that it expected its half-year earnings to drop by up to 28%, adding that lower oil and chemical prices could further hurt its o ...

Sasol’s Executives Earnings Debated

South African Sasol group’s annual general meeting (AGM) was shaken with a decision issued by the remuneration committee to change the key performance indicators (KPIs) for executives, in a year when company earnings ...

Sasol’s $210m Gas Pipeline Investment in Mozambique

Sasol to build a new gas pipeline in Mozambique worth $210m by 2017 to meet a growing demand by an increase to 212m gigajoules per year.

Sasol To Purchase Condensate in Mozambique

South Africa-based Sasol and its partners in Mozambique have signed an agreement with Petroleos de Mocambique (Petromoc) to purchase condensate from the latter.

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