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Nigeria signs oil financing deals with Shell, Chevron

Nigeria has signed financing deals with oil majors Shell and Chevron to develop projects that would boost reserves and revenue, the state-run oil firm said this week...

4 Aug 2017

Diesel at cross-roads as Germany's car bosses, politicians meet

BERLIN, Germany: Bosses of Germany's powerful car industry and top politicians have met on the fate of diesel engines, as the sector faces an existential threat after a colossal pollution cheating scandal...

2 Aug 2017

Cost of motoring continues to increase

The overall cost of motoring is on the rise despite recent cuts to interest rates and fuel prices...

24 Jul 2017

BMW denies collusion on diesel emissions

BERLIN, Germany: German luxury carmaker BMW has denied any collusion with industry rivals on emissions from its diesel engines...

24 Jul 2017

Nigeria to cease import of petroleum products

Nigeria will cease to import petroleum products and totally depend on its own refined products from 2019, the Minister of State for Petroleum, Dr Ibe Kachikwu, disclosed this week...

By Omololu Ogunmade 21 Jul 2017

Franchising industry shows resilience amid economic challenges

Franchising is one industry that has proven in many countries to be resilient even in the face of extensive macroeconomic difficulties...

By Dumisani Bengu 12 Jul 2017

Engen Chemicals gets exclusive rights to X-PURGE

Engen has been awarded the sole distribution rights for a product called X-PURGE in South Africa...

30 Jun 2017

Petrol price could drop significantly in July

NEWSWATCH: Tomorrow, Wednesday, 5 July 2017, will see the price of 93 ULP and LRP drop by 69 cents per litre, while the price of 95 ULP and LRP will drop by 68 cents per litre...

27 Jun 2017

Museveni launches water transport for fuel on Lake Victoria

In the next two years, the fuel pump prices will substantially come down if the $94m (Shs338b) water transport project launched by president Museveni last week becomes a reality...

By Emmanuel Ainebyoona 20 Jun 2017

Bidvest Tanks seals storage facility deal

Bidvest Tank Terminals will invest R1bn in a new liquid petroleum gas (LPG) import and storage facility in Richards Bay for global LPG logistics company Petredec...

13 Jun 2017

Lubricant additive reduces hydrogen wear of metals

Nanol's patented lubrication additive, based on nanotechnology, was originally developed for fuel saving and wear protection in marine engines and industrial applications...

9 Jun 2017

Petrol price drops 25c/l in June

NEWSWATCH: South Africans are sighing with relief as the petrol price drops with 25 cents a litre as of Wednesday, 7 June 2017, thanks to a drop in oil prices in the international market...

By Ilse van den Berg 6 Jun 2017

EU launches 'Dieselgate' case against Italy

BRUSSELS, Belgium: The EU launched infringement proceedings against Italy for failing to adequately investigate emissions cheating allegations against automaker Fiat...

22 May 2017

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International

The economic black hole at the heart of the shift to electric vehicles

The ban on the sale of new diesel and petrol cars and vans from 2040 is perhaps the most significant policy announcement made by the UK government in the past decade (with the possible exception of Brexit).

By John Bryson and Tasos Kitsos 10 Aug 2017

Renault signs €660m deal with Iran

TEHRAN, Iran: French automaker Renault this week signed a long-awaited joint venture deal with Iran worth €660-million ($779-million) to build up to 300,000 cars per year.

By Siavosh Ghazi 10 Aug 2017

How did the VW camper turn into a £90,000 icon?

Only a handful of cars have ever managed to be considered both cute and cool at the same time. Fewer still acquire the kind of status that makes them sought-after collectors' pieces in old age.

8 Aug 2017

Tesla begins to deliver model for the masses

FREMONT, California: Tesla began delivering on a dream to make an electric car for the masses, rolling out the first of its keenly-awaited "Model 3" cars, aiming to disrupt a world accustomed to automobiles powered by pollution-spewing fossil fuel.

7 Aug 2017

Aston Martin: an unlikely ambassador for electric cars

Aston Martin has historically been Britain's number one stronghold of virile, automotive traditionalism, always offering vehicles with a robust core of well-proven, rather conventional technology, endorsed usually by characters such as James Bond and Jeremy Clarkson. Aston Martins have always been the car for dyed-in-the-wool, old-school petrolheads.

By Chris Ebbert 7 Aug 2017

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