While logistical challenges in terms of fuel in KZN are slowly improving, panic buying is becoming a problem in itself in the province.
After facing troubles at fuel stations, KZN residents can finally breathe a sigh of relief as operations are continuing.
The eThekwini Municipality has relaxed by-laws which allow trucks to use an alternative route for the transportation of goods such as fuel.
Numerous fuel stations in KZN have run out of petrol and diesel as oil companies suspend operations due to infrastructure damage.
Due to Russia’s attack on Ukraine, South Africans and many other countries can expect price hikes in fuel, electricity and more.
With no let-up in queues or demand, some petrol stations have decided to introduce exclusive periods of time for staff in critical sectors.
Malawi deployed armed soldiers to escort fuel deliveries after a sit-in by truckers caused shortages at gas stations around the country.
British high-street retailer Next warned of “seasonal labour shortages”, drawing comparison to the shortfall of lorry and tanker drivers.
The British Meat Processors Association fears the panic-buying of fuel could make existing supply chain problems to supermarkets worse.
Lebanon, a country of six million is experiencing its worst-ever financial crisis, with a currency that has lost 90% of its value
An exciting investment opportunity? Siv Ngesi is inviting fossil fuel companies to ‘come and dig up oil, gas and coal in South Africa’.
From midnight on Wednesday, 1 September, the price of a litre of 95 unleaded petrol will be R18.34 inland and R17.62 at the coast.
The announcement that the Astron Energy will replace the much-loved Caltex marks an exciting change in the fuel industry.
The latest fuel hike has placed a massive burden on South African households and businesses, and the DA say it’s high time something changed.
We’re used to seeing cities and highways renamed in South Africa – but it’s going to be very strange when Caltex signs start disappearing.
More expensive Brent Crude Oil and a weaker rand contributed significantly to the increase in August fuel prices.
The government banned the sale of fuel in portable containers on Thursday. The Department of Energy discouraged South Africans from panic buying and hoarding and added that “there are sufficient products” in the country despite the current challenges.
SAPREF – the largest crude oil refinery in SA- announced that is temporarily shutting down its operations because of the ongoing violence in KZN. The Durban-based refinery produces 35% of the country’s fuel supply.
The fuel industry had approached by the Essential Services Committee (ESC) of the CCMA, seeking to have the fuel sector declared an essential service, but Numsa challenged this
With the Budget speech for 2021 set to take place this week, all eyes will be focused of ‘Tito’s tax hikes’ – and there’s already an early favourite.
Gwede Mantashe was asked about the sale of fuel reserves back in 2015 whereby Joemat-Pettersson’s name came up.
It’s been a rough few months, but it looks the tide is finally turning for the petrol price. We’ve got the expected fuel costs for September here.
With a fuel crisis and a diesel shortage looming on the horizon, it seems Gauteng – and a few other parts of SA – will be cutting things fine this week.
SA is set to get a newly formed SOE, with PetroSA, the Stategic Fuel Fund and iGas poised to merge into the National Petroleum Company.
Concerns have been raised in Parliament about the lack of urgency regarding a potential fuel shortage in June, as access to diesel remains limited.