petrosa

  1. Jan

    Conflict of interest threatens electricity minister's Eskom diesel plan

    Eskom's big diesel problem Electricity minister Kgosientsho Ramokgopa says Eskom will raise R30 billion to fund diesel sourced directly from wholesalers. However, this would mean a loss of revenue for PetroSA — a state-owned company reporting to energy minister Gwede Mantashe — and the deal...
  2. Jan

    No Christmas cheer expected in Eskom financials...

    Unpleasant shocks lie ahead in Eskom financials Eskom’s prolonged delay in releasing its financial results for the year to 31 March 2022 probably means that some unpleasant shocks lie in store for its shareholder, debt holders and customers. Eskom’s generation performance has been continually...
  3. Jan

    Over 4,000MW generation capacity offline because of human error and poor planning at Eskom

    Eskom's big problems Eskom is in deep trouble. Its power stations are collapsing, it has run out of money to buy diesel for its open-cycle gas turbines, and there is no coherent plan to stop load-shedding. Energy expert Chris Yelland said in addition to the usual random breakdowns at Eskom’s...
  4. Jan

    Gordhan says they secured some diesel for Eskom - payment arrangements TBD

    Good news for Eskom’s diesel problem Public enterprises minister Pravin Gordhan told parliament on Wednesday that his department has secured 50 million litres of diesel for Eskom from PetroSA. This comes after Eskom told energy analyst Chris Yelland that it had stopped ordering diesel due to...
  5. HAL 9000

    Tshepo Kgadima dropped as PetroSA Chair

    The appointment of Tshepo Kgadima as chairperson of PetroSA has been withdrawn, the Central Energy Fund confirmed to Eyewitness News on Thursday. Energy Minister Tina Joemat-Pettersson was strongly criticised for recommending his appointment after it emerged Kgadima had claimed to control...
  6. Lycanthrope

    Oilgate: Judge criticises public protector

    Source: News24 No, no, no... the ANC isn't corrupt! Not at ALL! *oozes with sarcasm*
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