Tag: South Africa

Sinopec buys 75 per cent stake in Chevron South African, Botswana assets

Sinopec buys 75 per cent stake in Chevron South African, Botswana assets

Sinopec purchase valued at almost $1 billion Chinese oil and gas company Sinopec announced it has purchased a 75 per cent stake in Chevron’s South African assets and a subsidiary in Botswana for almost $1 billion. This is the first major refinery Sinopec has secured in Africa. The sale to Asia’s largest oil refiner includes […]

By March 22, 2017 0 Comments Read More →
South Africa targets auto sector with fuel cell plant

South Africa targets auto sector with fuel cell plant

Fuel cell plant should begin production by December CAPE TOWN, Feb 8 (Reuters) – Africa’s first fuel cell component plant using platinum as a catalyst will start production by December aiming to take advantage of rising demand for clean energy¬†cars, officials from Isondo Precious Metals said. Isondo has secured a license from U.S-based Chemours Technology […]

By February 8, 2017 0 Comments Read More →
South African petroleum workers to strike over wages

South African petroleum workers to strike over wages

Over 15,000 South African petroleum¬†workers set to strike JOHANNESBURG, July 26 (Reuters) – More than 15,000 employees in South Africa’s petroleum sector are expected to go on strike this week after wage talks with employers failed, Talk Radio 702 reported on Tuesday. The radio said the Chemical, Energy, Paper, Printing, Wood and Allied Workers Union […]