Sasol expects stronger half year results despite Lake Charles challenges
Sasol’s half-year EPS and HEPS are expected to increase by more than 100% on the prior period, underpinning a strong set of financial results
Sasol’s half-year EPS and HEPS are expected to increase by more than 100% on the prior period, underpinning a strong set of financial results
Sasol extended its decline on Tuesday, falling 15% in early trade in Johannesburg, taking the slump since the start of the year to 84%.
Saudi Arabia and Russia said they favour prolonging oil-output cuts by global producers through the end of the first quarter of 2018.
BHP Billiton says it expects to take a write down of $4.9 billion on the value of its US shale assets due to the tumble in oil prices.
Chinese energy firm PetroChina said Thursday its net profit slumped 17 percent in 2014 from a year earlier as international crude oil prices plunged.
Due to falling energy prices, Shell has decided to pull out of shale project activities in South Africa, although it is still seeking an exploration license for the onshore Karoo Basin.
When you pay someone what Constable gets, you listen to his advice, even if it is outside his apparent sweet spot. Sasol’s board is doing that right now.
Anchor Capital provides a comprehensive market review covering everything you need to know about local and global markets.
Anchor Capital provides a comprehensive market review covering everything you need to know about local and global markets.
Sometimes we South Africans get confused about who our real global friends might be. The bottom line of the collapse in the oil price is set to provide a timeous reminder.