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Tag: Oil

Demand collapse puts 30 000 UK oil and gas jobs at risk

THE UK’s oil and gas industry could lose as many as 30,000 jobs over the next 12–18 months and see drilling levels plunge by a third amid the coronavirus-led drop-off in...

Sasol leads South African stocks to 4-year low as oil crash hits global markets

South African stocks plunged to a more than four-year low on Monday, joining a global sell-off in riskier assets as oil prices collapsed more than 30%, hitting chemical and energy firm...

Keep used oil out of the environment

SELF-EMPLOYED mechanics operating in urban township areas of the Western Cape and Gauteng seem to be enjoying booming business if a recent research survey is anything to go by. The ROSE Foundation...

Oil prices climb as positive China factory data eases demand concerns

World’s top oil exporter Saudi Arabia has restored capacity to 11.3 million barrels per day, sources told Reuters last week although Saudi Aramco has yet to confirm it is fully back...

Bulker’s owner held liable for PE oil spill

The South African Maritime Safety Authority (Samsa) says that after concluding an investigation into the causes of the oil spill that occurred while the bulk carrier Chrysanthi S was being refuelled...

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Liquor industry urges government to prepare to lift alcohol ban

The liquor industry is once again calling on government to lift the ban on alcohol. Their latest call is based on suggestions by the...

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