Sasol

Falcon Oil & Gas Ltd - Proposed Fundraising and grant of ORRIs to raise gross proceeds of approximately $8.5 million (£6.8 million)

Retrieved on: 
Thursday, April 18, 2024

Completion of the grant of the ORRIs is subject to agreement of final legal documentation and to submission to the Northern Territory Government, Australia for registration.

Key Points: 
  • Completion of the grant of the ORRIs is subject to agreement of final legal documentation and to submission to the Northern Territory Government, Australia for registration.
  • Falcon is an international oil and gas company focused on the exploration and appraisal of unconventional oil and gas assets, with the current portfolio focused in Australia, South Africa and Hungary.
  • In 2020, Falcon Australia farmed down a further 7.5% and Origin agreed to increase the gross cost cap of the work program by A$150.5 million (c.US$97 million) to A$263.8 million (c.US$170 million).
  • PE was acquired for over US$7 billion by Pioneer Natural Resources Company (“Pioneer”), itself a leading independent oil and gas company.

Qatar Elevators and Escalators Market Growth Forecast Report 2024-2029: Doha's Designation as Arab Tourism Capital Fuels Demand, Hosting Major Events and Expands Infrastructure - ResearchAndMarkets.com

Retrieved on: 
Friday, April 26, 2024

The "Qatar Elevators and Escalators Market - Size & Growth Forecast 2024-2029" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Qatar Elevators and Escalators Market - Size & Growth Forecast 2024-2029" report has been added to ResearchAndMarkets.com's offering.
  • The top 5 prominent vendors, including KONE, TKE, Schindler, and Otis, hold 58% of the Qatar elevator and escalator market.
  • This could increase demand for elevators and escalators that accommodate high-end customers and boost the Qatar elevator and escalator market.
  • In February 2023, Doha was designated as the Arab Tourism Capital for the year by the Arab Ministerial Council for Tourism.

SASOL LIMITED: PRODUCTION AND SALES METRICS FOR THE NINE MONTHS ENDED 31 MARCH 2024

Retrieved on: 
Tuesday, April 23, 2024

JOHANNESBURG, April 23, 2024 /PRNewswire/ -- Sasol has published its production and sales performance metrics for the nine months ended 31 March 2024 on the Company´s website at www.sasol.com , under the Investor Centre section: https://www.sasol.com/investor-centre/financial-results .

Key Points: 

JOHANNESBURG, April 23, 2024 /PRNewswire/ -- Sasol has published its production and sales performance metrics for the nine months ended 31 March 2024 on the Company´s website at www.sasol.com , under the Investor Centre section: https://www.sasol.com/investor-centre/financial-results .

THE MINISTER OF FORESTRY, FISHERIES AND THE ENVIRONMENT (MINISTER) UPHOLDS SASOL SOUTH AFRICA'S APPEAL AND PERMITS THAT A LOAD-BASED LIMIT BE APPLIED TO REGULATE SULPHUR DIOXIDE EMISSIONS FROM THE BOILERS OF THE SECUNDA OPERATIONS

Retrieved on: 
Monday, April 8, 2024

39 of 2004), to be regulated on an alternative emission load basis, as opposed to the current concentration-based limits, for the sulphur dioxide (SO2) emissions generated from the boilers at the Secunda Operations' steam plants from 1 April 2025 onwards.

Key Points: 
  • 39 of 2004), to be regulated on an alternative emission load basis, as opposed to the current concentration-based limits, for the sulphur dioxide (SO2) emissions generated from the boilers at the Secunda Operations' steam plants from 1 April 2025 onwards.
  • Sasol has been steadfast in its commitment to ambient air quality improvement and reducing its environmental footprint.
  • On 31 July 2023, SSA submitted an appeal to the Minister, as provided for in section 43(1) of the National Environmental Management Act,1998 (Act No.
  • On 5 April 2024, the Minister issued her decision, in terms of which she upheld SSA's appeal and set aside the decision of the NAQO.

SASOL ANNOUNCES STREAMLINED GROUP EXECUTIVE COMMITTEE, INCLUDING CHANGES TO IMPORTANT FUNCTIONS AND EXECUTIVE RESPONSIBILITIES OF DIRECTORS

Retrieved on: 
Wednesday, April 3, 2024

JOHANNESBURG, April 3, 2024 /PRNewswire/ -- Sasol has streamlined the portfolios of the members of its Group Executive Committee (GEC).

Key Points: 
  • JOHANNESBURG, April 3, 2024 /PRNewswire/ -- Sasol has streamlined the portfolios of the members of its Group Executive Committee (GEC).
  • Effective 1 April 2024, Sasol's GEC comprises the following members:
    Mr Simon Baloyi, Executive Director and President and Chief Executive Officer;
    Mr Hanré Rossouw, Executive Director and Group Chief Financial Officer;
    Mr Vuyo Kahla, Executive Director and Executive Vice President: Commercial and Legal, responsible for Legal, Intellectual Property and Compliance, Assurance, Information Management, Supply Chain and Company Secretarial Services;
    Mr Victor Bester, Executive Vice President: Operations and Projects Southern Africa;
    Mr Christian Herrmann, Executive Vice President: Marketing and Sales Energy and Chemicals Southern Africa;
    Ms Charlotte Mokoena, Executive Vice President: Human Resources and Corporate Affairs;
    Mr Brad Griffith, Executive Vice President: Chemicals Business.
  • Mr Griffith will retire on 30 June 2024 and will be succeeded by Ms Antje Gerber on 15 April 2024, who joins Sasol as Executive Vice President: International Chemicals.

PRODUCTION AND SALES METRICS FOR THE SIX MONTHS ENDED 31 DECEMBER 2023

Retrieved on: 
Thursday, January 25, 2024

JOHANNESBURG , Jan. 25, 2024 /PRNewswire/ -- Sasol has published its production and sales performance metrics for the six months ended 31 December 2023 on the Company´s website at www.sasol.com , under the Investor Centre section: https://www.sasol.com/investor-centre/financial-results .

Key Points: 
  • JOHANNESBURG , Jan. 25, 2024 /PRNewswire/ -- Sasol has published its production and sales performance metrics for the six months ended 31 December 2023 on the Company´s website at www.sasol.com , under the Investor Centre section: https://www.sasol.com/investor-centre/financial-results .
  • These statements may also relate to our future prospects, expectations, developments, and business strategies.
  • If one or more of these risks materialise, or should underlying assumptions prove incorrect, our actual results may differ materially from those anticipated.
  • You should understand that a number of important factors could cause actual results to differ materially from the plans, objectives, expectations, estimates and intentions expressed in such forward-looking statements.

RESULTS OF THE ANNUAL GENERAL MEETING OF SASOL LIMITED HELD ON FRIDAY, 19 JANUARY 2024

Retrieved on: 
Monday, January 22, 2024

JOHANNESBURG, Jan. 22, 2024 /PRNewswire/ -- Sasol shareholders are hereby advised of the results of the business conducted at Sasol's annual general meeting held on Friday, 19 January 2024.

Key Points: 
  • JOHANNESBURG, Jan. 22, 2024 /PRNewswire/ -- Sasol shareholders are hereby advised of the results of the business conducted at Sasol's annual general meeting held on Friday, 19 January 2024.
  • All the resolutions were passed by the requisite majority of voting rights exercised.
  • The results are as follows:
    1.
  • Non-binding advisory resolution number 1:  To endorse, on a non-binding advisory basis, the Company's remuneration policy

VelocityEHS Repeats as a Leader in New Process Safety Management Green Quadrant Report

Retrieved on: 
Monday, November 20, 2023

CHICAGO, Nov. 20, 2023 (GLOBE NEWSWIRE) -- VelocityEHS® , the global leader in enterprise EHS & ESG software solutions, announced that it has once again been named a Leader by the London-based independent analyst firm Verdantix in its second Green Quadrant (GQ) for Process Safety Management (PSM) Software.

Key Points: 
  • CHICAGO, Nov. 20, 2023 (GLOBE NEWSWIRE) -- VelocityEHS® , the global leader in enterprise EHS & ESG software solutions, announced that it has once again been named a Leader by the London-based independent analyst firm Verdantix in its second Green Quadrant (GQ) for Process Safety Management (PSM) Software.
  • PSM is one of the many capabilities of the award-winning VelocityEHS Accelerate® Platform .
  • “Process Safety Management is a massive responsibility.
  • In addition to the PSM GQ, Velocity has been named a leader in recent Verdantix Green Quadrant Reports for ESG, Carbon Management, EHS, and EHS specifically for mid-market companies.

Mainstream Renewable Power reaches financial close on 97.5 MW solar PV farm with corporate PPAs in South Africa

Retrieved on: 
Tuesday, November 21, 2023

LYSAKER, Norway, Nov. 21, 2023 /PRNewswire/ -- Mainstream Renewable Power ("Mainstream"), the pureplay global wind and solar company majority-owned by Aker Horizons ASA, has reached financial close on a 97.5 MW solar PV farm which has 20-year Power Purchase Agreements (PPAs) with Sasol and Air Liquide, in South Africa.

Key Points: 
  • LYSAKER, Norway, Nov. 21, 2023 /PRNewswire/ -- Mainstream Renewable Power ("Mainstream"), the pureplay global wind and solar company majority-owned by Aker Horizons ASA, has reached financial close on a 97.5 MW solar PV farm which has 20-year Power Purchase Agreements (PPAs) with Sasol and Air Liquide, in South Africa.
  • Construction of the solar PV farm, which is located in the Free State province, will start this year and is scheduled to be fully operational in 2025.
  • As one of the most successful developers of renewable energy in South Africa, Mainstream is well positioned as a partner of choice for private PPAs.
  • In addition, its subsidiary, Mainstream Asset Management South Africa (MAMSA), provides operations and maintenance services to ensure long-term asset integrity.

Mainstream Renewable Power reaches financial close on 97.5 MW solar PV farm with corporate PPAs in South Africa

Retrieved on: 
Tuesday, November 21, 2023

LYSAKER, Norway, Nov. 21, 2023 /PRNewswire/ -- Mainstream Renewable Power ("Mainstream"), the pureplay global wind and solar company majority-owned by Aker Horizons ASA, has reached financial close on a 97.5 MW solar PV farm which has 20-year Power Purchase Agreements (PPAs) with Sasol and Air Liquide, in South Africa.

Key Points: 
  • LYSAKER, Norway, Nov. 21, 2023 /PRNewswire/ -- Mainstream Renewable Power ("Mainstream"), the pureplay global wind and solar company majority-owned by Aker Horizons ASA, has reached financial close on a 97.5 MW solar PV farm which has 20-year Power Purchase Agreements (PPAs) with Sasol and Air Liquide, in South Africa.
  • Construction of the solar PV farm, which is located in the Free State province, will start this year and is scheduled to be fully operational in 2025.
  • As one of the most successful developers of renewable energy in South Africa, Mainstream is well positioned as a partner of choice for private PPAs.
  • In addition, its subsidiary, Mainstream Asset Management South Africa (MAMSA), provides operations and maintenance services to ensure long-term asset integrity.