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Sep 18, 2014
Desmond Tutu
Updated 1 hour 33 minutes ago Archbishop Emeritus Desmond Tutu on Thursday called on delegates attending the upcoming United Nations climate summit in New York to take the first tangible steps to move humanity beyond the fossil fuel era. "We are on the cusp of a global transition to a new safe...
Sep 17, 2014
Lafarge Africa, Finland's Wartsila and the World Bank's IFC have agreed to build a 220 MW gas-fired power plant in Nigeria to boost electricity supplies, they said on Wednesday. The trio said in a statement their plan was to help fast-track increased power supplies...
Sep 16, 2014
France's Total SA, Europe's second largest oil company, has put one of its offshore Nigerian oilfields up for sale again, the company said, after a 2012 deal with Sinopec Corp failed. Total has hired BNP Paribas to find buyers for its Usan deepwater oilfield located...
Sep 16, 2014
A subsidiary of global engineering and construction company and power equipment supplier Foster Wheeler has been awarded the engineering, procurement and construction management (EPCM) contract for the electrical expansion and fuel gas superheater project aimed at...
Sep 15, 2014
Tanzania has signed an agreement with French oil producer Maurel et Prom and Wentworth Resources for the supply of gas aimed at doubling the country's power generation capacity to 3 000 MW by 2016. Oslo Stock Exchange and London AIM-listed Wentworth Resources said in...
Sep 15, 2014
Egypt said on Sunday it expected to receive around $425-million in funding from the Islamic Development Bank to develop an oil refinery in Assiut and an airport in the Red Sea resort of Sharm el-Sheikh. The first agreement is for $198-million earmarked for the...
Sep 12, 2014
Africa-focused investment group Heirs Holdings chairperson Tony Elumelu has outlined the company’s ambition to generate at least one-quarter of Nigeria’s power consumption needs in the next five years, building on its existing energy interests in the country, which...
Sep 12, 2014
The proposed carbon offset trading scheme, currently being considered by National Treasury, has the potential to be aligned to the carbon budgeting approach set out in the National Climate Change Response Paper (NCCRP) if the right foundation is put in place, a...
Sep 12, 2014
Sep 11, 2014
Sep 11, 2014
Sep 11, 2014
 
 
 
Sep 10, 2014
Gas provider African Oxygen (Afrox) has retained its key contract to supply energy group Sasol with compressed gases until December 31, 2020. With the yearly value of compressed gas sales to Sasol currently at R26-million, this five-year contract extension was...
Sep 10, 2014
Independent African upstream oil and gas company SacOil has inked a deal to acquire Cyprus-based exploration and production company Mena International Petroleum (MIP) from Mena International Petroleum Holdings (Mena) – a wholly-owned subsidiary of Toronto-listed Mena...
Sep 09, 2014
Article contains comments
Preliminary economic and technical evaluations of mineral exploration and development company Kibo Mining’s Rukwa Coal to Power project, in Tanzania, have confirmed the Rukwa mine as a suitable fuel source for a 300 MW mine-mouth coal-fired power station. Kibo said...
Sep 09, 2014
South Africa wants to resume oil imports from Iran, once its biggest supplier, and hopes to resolve "sanction issues" that have blocked purchases within the next three months, its deputy foreign minister said on Tuesday. South Africa bought around 68 000 barrels of...
Sep 09, 2014
Article contains comments
Pan-African investment company Vandasia Investments will acquire a 43.9% interest in Southern African gas explorer and developer Sunbird Energy for about A$25-million. The investment company would acquire an initial 20.37-million Sunbird shares for $5-million within...
Sep 08, 2014
Tanzania's tax authority has scrapped plans to review mining and gas contracts, after its announcement of the move last week rattled investors in the east African country's rich gold and natural gas resources. The Tanzania Revenue Authority (TRA) said last week it...
Sep 08, 2014
Article contains comments
Sep 08, 2014
Australia-based oil and gas-focused engineering and construction company Clough, a subsidiary of Murray & Roberts, on Monday announced that the Clough AMEC joint venture had been awarded the front-end engineering design (FEED) contract for coal seam gas (CSG) company...
Sep 08, 2014
Sep 08, 2014
Oil and gas exploration and production company Camac Energy’s wholly-owned subsidiary Camac Petroleum has entered into a five-year $100-million credit facility to enable it to further expand and develop its Nigerian offshore assets, including the Oyo field, the...
 
 
 
 
Sep 08, 2014
South Africa's Engen refinery will resume operations later this week after a one-and-a-half month maintenance, a company spokesman said on Monday. The 120 000 barrels-per-day (bpd) refinery in Durban on the east coast of South Africa is shut for routine maintenance...
Sep 08, 2014
David Constable
South African energy and chemicals group Sasol reported a 13% rise in earnings attributable to shareholders to R29.6-billion for the year ended June 30, 2014, despite write-downs of R7.6-billion during the period. The group, which reported an operating profit of...
Sep 05, 2014
Aerosud programme aimed at empowering lower-paid employees To quality as a broad-based black economic empowered (BBBEE) company in terms of the BBBEE Amendment Act, 2013, Aerosud is placing the focus on putting suitable mechanisms in place to enable its lower-paid...
Sep 05, 2014
Aerosud, South Africa’s leading aeromechanical parts manufacturer, has restructured its operations as part of a strategy aimed at ensuring continued strong growth. The restructure, put into effect in June, is directed at strategically positioning and financially...
Sep 05, 2014
HIGHLIGHTING OIL INDUSTRY Africa Oil Week will feature recent industry trends and critical issues
A weeklong conference, aimed at uniting and networking between major role-players in the global oil industry, will run from November 3 to 7 at the Cape Town International Convention Centre.
Sep 05, 2014
DRYING OIL The vacuum dehydrator is fully automated, allowing for ‘one-touch’ operation
Contaminated oil stored in a static hydraulic 2 000 ℓ tank was purified completely using wear control company Filter Focus’ vacuum dehydrator.
Sep 05, 2014
DRIVING DEMAND South African diesel vehicle sales have shown positive growth over the past few years
An increasing local demand for diesel vehicles is pushing further development of diesel fuels to become more environment-friendly while increasing engine power, reports petroleum industry company BP.
Sep 05, 2014
INCREASING CAPACITY The facility will help countries around the world meet increasingly strict regulatory requirements and higher performance standards for lubricants
US-based oil refiner Chevron Corporation started commercial production of premium base oils from a newly constructed manufacturing facility at the company’s refinery in Pascagoula, near Mississippi, in July.
Sep 05, 2014
Established in 2014 through the merger of South Africa’s two leading industrial packing solution entities, PackSolve is the largest diversified industrial packaging group in the Southern African Development Community. The company, which has an order book of...
Sep 05, 2014
RELIABLE PUMPING The John Crane Performance Plus team ensured that standards set by the American Petroleum Institute were met at all times
A second-term contract to enhance the reliability of 565 pumps at Cape Town-based oil refinery Chevron has been improved through training the site personnel and mechanical seals manufacturer John Crane’s constantly monitoring the pumps.
 
 
 
 
Sep 05, 2014
APPROPRIATE FILTRATION The local oil industry needs to employ filters for holding-tank breather pipes
The quality of all grades of oil produced and refined in South Africa is subpar in terms of international standards and industry best practices, according to Kyalami-based wear control company Filter Focus.
Sep 05, 2014
ECOURAGING SAFETY The oil and gas industry cannot afford to be complacent when it comes to safety
Energy services company Lloyd’s Register Energy is challenging oil and gas companies to improve their approach to safety, performance and technical innovation to ensure the world’s advancing energy supply is changing in a sustainable way, from reservoir and refinery...
Sep 05, 2014
SAFETY IS PARAMOUNT Safety is non-negotiable in the oil and gas industry
Celebrating a milestone safety achievement of three-million man-hours without lost time through injury, diversified steel manufacturer Belmet Marine & Engineering recently announced the company was awarded a major oil rig contract by subsea engineering, construction...
Sep 05, 2014
KEEPING TABS ON STAFF The aim of using the new system is to create efficient time acquisition, administration and payroll functions in remote areas
A time and attendance monitoring system that works with satellite communications can assist in the monitoring of staff in remote locations, such as those on sea-based oil rigs, according to workforce management and business process outsourcing company Adcorp...
Sep 05, 2014
PROCESS GAS COMPRESSOR The R11-million compressor forms part of Sasol’s expansion project
A large-capacity process gas compressor was delivered in July to energy and chemicals group Sasol’s Synfuels Catalytic Cracker plant, in Secunda.
Sep 05, 2014
PREVENTING CORROSION Corrosion under insulation accounts for as much as 40% to 60% of a company’s piping maintenance costs
The problem of corrosion-under-insulation (CUI), which is common in the oil refineries industry, can be controlled by applying a thermal spray that is available from wear, corrosion and hardfacing company Weartech.
Sep 04, 2014
Article contains comments
ASX-listed Challenger Energy was in advanced discussions regarding a possible farm-in agreement over its Cranemere shale gas project, in South Africa. “We are working on a compelling partnership,” Challenger MD Robert Willes told Mining Weekly Online on the...
Sep 03, 2014
Oil and gas explorer Camac Energy’s Kenyan subsidiary has awarded seismic contracts for the acquisition of two-dimensional (2D) seismic surveys on its onshore Block L1B in Kenya, and partly onshore and partly offshore Block L16, also in Kenya. This followed the...
Sep 03, 2014
Article contains comments
The builders of the Square Kilometre Array (SKA) radio telescope in the Northern Cape hope to co-exist with shale gas prospectors, but if needs be will invoke new astronomy laws to protect their interests, MPs heard on Wednesday. "We're looking for a co-existence...
Sep 03, 2014
Article contains comments
Minister Ngoako Ramatlhodi
Oil and gas players in South Africa should have clarity on potential legislation changes by as early as next week, Mineral Resources Minister Ngoako Ramatlhodi said on Wednesday. Speaking to Mining Weekly Online on the sidelines of Paydirt’s Africa Downunder...
 
 
 
 
Sep 03, 2014
Ghana's delayed project to supply gas from its offshore Jubilee oil field will start production by the end of the year, President John Mahama said on Tuesday during a visit to the site. "Some gas will start flowing soon but commissioning will be when the full volume...
Sep 02, 2014
Article contains comments
Despite various challenges related to the extraction of shale oil and gas, as countries grow accustomed to the idea, the use of shale as a form of energy will be more widely pursued, international oil and gas market analyst Michael Lynch said on Tuesday. Speaking at...
Sep 02, 2014
Article contains comments
South Africa is becoming more and more dependent on imported petrol and diesel, MPs heard on Tuesday. "Increasingly, we are relying a lot on imports of finished products... these figures have been climbing in recent years," energy department deputy director general...
Sep 01, 2014
The United Arab Emirates (UAE) will provide Egypt with petroleum products worth $8.7-billion over a year starting in September, an Egyptian official told Reuters on Sunday. Egypt has struggled to curb its swelling budget deficit and meet its soaring energy demands,...
Aug 29, 2014
Article contains comments
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,...
 
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