South Africa’s Sasol

Africa Oil & Gas: Sasol says earnings down 22%

Posted on August 22, 2018 by Mozambique Resources Post

Global integrated chemicals and energy company Sasol said on Monday its headline earnings per share dropped 22% to R27.44 in the year to June 30.

Africa Oil & Gas: Sasol Expects H1 Earnings To Rise Up To 6%

Posted on January 24, 2018 by Mozambique Resources Post

JOHANNESBURG, Jan 23 (Reuters) – South African petrochemicals group Sasol expects half-year profit to lift as much as 6 percent on the back of higher crude oil prices, the firm said on Tuesday.

A Look At Our Neighbour: Madagascar Oil looks far ahead…

Posted on June 16, 2014 by Mozambique Resources Post

A project to develop heavy oil at Tsimiroro could lead to the production of tens of thousands of barrels per day, but that isn’t going to happen overnight. Madagascar Oil’s operations chief Stewart Ahmed has every reason to be pleased. A decree approved by the government on May 21 that authorized the company to market Tsimiroro’s test heavy oil for six months will enable the firm to make a pitch for its projects in Madagascar to…