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Aug 29, 2014
The pump prices of both grades of petrol and wholesale diesel, as well as the maximum retail prices of illuminating paraffin and liquefied petroleum gas (LPG), are set to decrease from September 3, the Department of Energy said on Friday. Petrol would drop by 67c/l,...
Aug 29, 2014
Finance Minister Nhlanhla Nene
The key to the development of South Africa lay in mineral beneficiation and industrialisation in joint development with its regional neighbours, South Africa’s new Finance Minister Nhlanhla Nene told the Centre for Education In Economics and Finance (CEEF)....
Aug 29, 2014
Peter Coleman
Oil and gas major Woodside on Friday called on emerging African resource nations to carefully consider implementing any policy changes that could scare away foreign investment. Speaking at the second day of the East Africa Oil and Gas conference, Woodside CEO Peter...
Aug 29, 2014
Plans for five countries in East Africa to adopt cleaner fuel standards in 2015 are likely to help absorb excess low-sulphur oil products coming out of Middle East and Indian refineries, where new capacity is being added, industry sources said. Kenya, Tanzania,...
Aug 29, 2014
Somalia filed a suit against Kenya at the UN's highest court, seeking to resolve a long-running dispute over lucrative oil reserves in the Indian Ocean. Somalia asked the International Court of Justice in The Hague to determine the maritime boundary between the...
Aug 29, 2014
Aug 29, 2014
COLD BOX The cold box, which weighs almost 100 t, was designed and manufactured by Germany-based Linde Group
South African gas company Afrox’s R300-million, 150 t/d air separation unit (ASU) in the Coega industrial development zone of the Eastern Cape, is more than 75% complete, Afrox MD Brett Kimber tells Engineering News. Major equipment, including the cold box and...
Aug 29, 2014
A society that is aware of the benefits of science and technology will work to ensure it remains competitive in those areas, and petrochemicals major Sasol’s yearly Techno X expo provides a dynamic and interactive platform for learners to discover career...
Aug 29, 2014
Aug 29, 2014
Aug 28, 2014
Article contains comments
Aug 28, 2014
 
 
 
Aug 27, 2014
Article contains comments
If approved, the much debated Mineral and Petroleum Resources Development Act (MPRDA) Amendment Bill, currently before President Jacob Zuma for final endorsement, was likely to create ambiguity and uncertainty around the overarching legislation governing the oil and...
Aug 27, 2014
Coatings and linings provider Sharpshell Industrial Solutions’ Godfrey Pangeti has urged oil and gas project developers on the continent to incorporate strategies to protect their infrastructure into the design phase of a project, preventing costly downtime, and...
Aug 27, 2014
Article contains comments
Government says it is ready to regulate and monitor companies that have expressed an interest in exploring shale gas in the country. Thibedi Ramontja, the Director-General of the Mineral Resources Department, said the draft regulations will, once finalised, be...
Aug 27, 2014
British gas company BG Group has produced higher-than-expected flows of gas from a test well off the coast of Tanzania, boosting the financial viability of its planned liquefied natural gas (LNG) export terminal in the east African country. Test flows at BG's Mzia-3...
Aug 27, 2014
Interest in oil and gas exploration off South Africa’s coast has, in the past four years, accelerated to such an extent that nearly all the country’s offshore exploration blocks are under licence or under application for exploration by independent companies,...
Aug 26, 2014
Lamenting a “chicken and egg” scenario in the local liquefied natural gas (LNG) industry, South African Oil and Gas Alliance CEO Ebrahim Takolia has argued that South Africa should first increase the size and distribution network of the local gas market –...
Aug 26, 2014
Citing an abundance of planned or developing gas-related energy projects in sub-Saharan Africa, Africa Project Access MD Paul Runge said on Tuesday that there was “huge” opportunity for logistics and ancillary service companies to take advantage of the...
Aug 26, 2014
Article contains comments
National oil company (NOC) PetroSA has decided not to establish its proposed floating liquefied natural gas (LNG) import terminal in the Southern Cape region. The NOC announced on Tuesday that this followed extensive research into the feasibility of establishing the...
Aug 25, 2014
Article contains comments
Anti-fracking lobby group, the Treasure Karoo Action Group (TKAG), and social rights group AfriForum plan to take their fight against hydraulic fracturing (fracking) in South Africa to the Public Protector. The parties said they would submit a written complaint to...
Aug 22, 2014
The South African energy industry had to take stock of its actions and ensure that it not only focused on rapid results in the short term but also on long-term sustainability, South African National Energy Association (Sanea) chairperson Brian Statham said on...
 
 
 
 
Aug 22, 2014
TSX-listed SNC-Lavalin has completed its C$2.1-billion buy out of global oil and gas services company Kentz Corporation, with the latter’s integration into the engineering and construction firm under way. SNC-Lavalin aimed to transform its oil and gas division into...
Aug 22, 2014
Article contains comments
Nick Thomson
JSE-listed African Oxygen (Afrox) was hoping the Competition Commission enquiry into the liquefied petroleum gas (LPG) industry, of which the results were expected to be released in March 2016, would unlock opportunities for the competitive importation of LPG in to...
Aug 22, 2014
Article contains comments
More than $30-billion will be invested initially in Mozambique's natural gas sector to build capacity to produce 20-million tonnes per year of liquefied natural gas (LNG), with the first exports due to start in 2018, the national oil company said. The investments...
Aug 21, 2014
Oil traders have begun fixing tankers to take North Sea, West African and Arab crudes to South Africa for storage, hoping for a repeat of the multi-million dollar bonanza they reaped in 2008-2009. Shipping fixtures show that in late July and August, BP, Mercuria,...
Aug 19, 2014
SacOil CEO Dr Thabo Kgogo
Independent African upstream oil and gas company SacOil on Tuesday announced that it had been assigned a 20% participating interest in the 126 km2 233 offshore oil prospecting licence (OPL233), off the coast of Nigeria, enabling the company to embark on a broader and...
Aug 15, 2014
Article contains comments
The Competition Commission planned to deliver the results of a liquefied petroleum gas (LPG) market inquiry by March 2016 – six months later than anticipated. The market inquiry, which would now kick off on September 15, had initially been scheduled to start in...
Aug 15, 2014
INDUSTRY INITIATIVE Local industry can use waste energy to generate heat for its own processes
Local industry is starting to implement projects using the principles associated with the ‘circular economy’ with a specific focus on developing a greener industry, says consulting engineering firm Royal HaskoningDHV. A circular economy entails industry...
Aug 15, 2014
POWER INCREASE Powermode expects that electricity price increases will drive demand for solar photovoltaic solutions
Power protection and management solutions provider Powermode expects a significant increase in demand for solar photovoltaic (PV) rooftop solutions for local industry within the next nine to 18 months, owing to their efficiency in reducing greenhouse-gas emissions...
Aug 15, 2014
FOCUS AREA National Cleaner Production Centre of South Africa believes industry needs to embrace the idea of resource efficiency in waste and water areas
Although there is significant focus currently on energy efficiency in industry, there is an increasing need for industry to expand its participation in the green space beyond just energy, government programme National Cleaner Production Centre of South Africa...
Aug 15, 2014
REDUCTION NEED Most of South Africa’s carbon dioxide emissions, which currently comprise an inventory of about 500-million tonnes, are associated with energy
Carbon advisory firm Promethium Carbon aims to conduct a pilot carbon offset trade by the end of this year. This pilot trade is in preparation for a future local carbon offset trading programme, says Promethium Carbon director and carbon adviser Harmke Immink.
 
 
 
 
Aug 14, 2014
China National Petroleum Corporation (CNPC) has denied breaking environmental rules in Chad's oil sector and called on the government to cancel its $1.2-billion claim filed before an arbitration court in Paris. The dispute erupted in July last year after Chad said it...
Aug 14, 2014
Many countries in Africa remain a beacon for investment in the oil and gas industry, with around 8% of the world’s untapped proven oil reserves on the continent, said PwC Africa Oil and Gas Advisory leader Chris Bredenhann. Speaking at a South African National...
Aug 13, 2014
Anaerobic Digestion produces a renewable biogas and digestate, a soil improver that can replace traditional fertilisers
While solar and wind energy tend to attract the most attention in the renewable energy space in South Africa, developments in biogas could make it an increasingly viable option.  With the help of an international partner, South African waste management company...
Aug 13, 2014
The South African Oil and Gas Alliance on Wednesday launched its Marine Oil and Gas Academy online skills and jobs platform, which could be used by tertiary institutions and international businesses on the African continent. Delivering a keynote address at the launch...
Aug 12, 2014
Tanzania-based energy group Swala Oil & Gas has listed on the Dar es Salaam Stock Exchange (DSE), becoming the first publicly owned oil and gas company in East Africa.  The company is the twentieth to list on the DSE and the second to list under the Enterprise...
Aug 11, 2014
Chad plans to take China National Petroleum Corporation (CNPC) to an arbitration court in Paris after talks stalled over its claim for $1.2-billion from the State-owned firm in compensation for breaking environmental rules, a senior official said. The dispute erupted...
Aug 11, 2014
JSE- and NYSE-listed Camac Energy on Monday announced that its $270-million private placement with the South African Public Investment Corporation (PIC) has been completed. Last year, Camac entered into a definitive agreement with the PIC for the equity investment...
Aug 08, 2014
Murray & Roberts (M&R) subsidiary Australia-based oil and gas-focused engineering and construction company Clough has expanded its expertise in liquefied natural gas (LNG) after acquiring US-based engineering company CH-IV International for $5-million. M&R on Friday...
Aug 07, 2014
Article contains comments
An oil company owned by Israeli billionaire Dan Gertler said on Thursday it had discovered reserves of around three-billion barrels in the Democratic Republic of Congo. Oil of DRCongo said in a statement that an analysis of seismic survey data "indicates around three...
Aug 06, 2014
Article contains comments
Solaris plants
South African Airways (SAA) and US aircraft manufacturer Boeing announced on Wednesday the latest development in their partnership (launched in October last year) to establish a sustainable aviation biofuel supply chain in Southern Africa. The two groups have...
 
 
 
 
Aug 05, 2014
China should publicly disclose what it pays African governments for extracting oil, gas and minerals as a way to level the playing field for companies worldwide and help countries get a fair deal for their natural resource wealth,-billionaire investor George Soros...
Aug 04, 2014
After starting drilling operations around the Oyo-8 well offshore Nigeria on June 15, JSE- and NYSE-listed Camac Energy’s Northern Offshore Energy Searcher drillship has delivered “excellent” preliminary results, positively establishing oil presence in new...
Aug 04, 2014
The Ghanaian subsidiary of Quantum Pacific, the industrial investment group owned by Israeli billionaire Idan Ofer, has signed a deal with Golar LNG to build a $500-million liquefied natural gas import terminal. The facility, to be situated offshore from the eastern...
Aug 04, 2014
The US will announce nearly $1-billion in business deals, increase funding for peacekeeping and commit billions of dollars to expanding food and power programmes in Africa during a summit this week, US and development officials say. US officials said the August 4 to...
Aug 01, 2014
The petrol price will remain unchanged in August, the Department of Energy said on Friday. In July, the petrol price saw a 29-cent increase for 93 unleaded petrol (ULP) and lead replacement petrol (LRP), while 95 ULP and LRP increased by 31 cents per litre.
 
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