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Energy
 
OIL & GAS

Mozambique sees $50bn gas investment over a decade

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Mozambique expects $50-billion to be spent developing its liquid natural gas (LNG) industry over the next ten years, the southern African nation's Mineral Resource Minister said on Tuesday. "The holders of the concessions have plans to implement...
07 Feb 12
 
 
FINANCIAL RESULTS

Jasco says Spescom integration, restructuring starting to bear fruit Video Available

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Jasco CEO Pete da Silva discusses the company's futuer focus points. Camera work: Nicholas Boyd, Editing: Darlene Creamer The benefits of JSE-listed Jasco’s successful integration with information and communication technology firm Spescom, its restructuring and the improved contribution from the group’s investment in cable manufacturer M-Tec have started to flow...
06 Feb 12
 
 
INDUSTRIAL GASES

Air Liquide to build R400m SA plant after securing Evraz Highveld deal

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Industrial gases group Air Liquide reported on Monday that it would invest some R400-million in a new 770 t/d air separation unit (ASU) in South Africa after concluding a 20-year oxygen supply contract with JSE-listed steel and vanadium producer...
06 Feb 12
 
 
OIL

Brent holds above $114, Greece risk, Iran eyed

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Brent crude held above $114 a barrel on Monday as traders weighed the prospect of a supply disruption from Iran against the risk that a sovereign debt default by Greece could tip the eurozone into a demand-sapping recession. Market participants...
06 Feb 12
 
 
OIL PRODUCTION

Uganda says oil could start flowing in a year

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Uganda's energy minister said late on Sunday that commercial oil production could begin as early as next year after London-listed Tullow Oil signed two production-sharing agreements with the country. "If I may give a tentative period, then maybe...
06 Feb 12
 
 
OIL EXPLORATION

Total says to resume South Sudan exploration soon

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Total plans to restart exploration activities on its Block B concession in South Sudan after 27 years, the French oil major said in an emailed statement on Friday. "A preparatory work program is to be soon submitted to South-Sudanese authorities...
06 Feb 12
 
 
OIL

Tullow Oil, Uganda sign production-sharing deals

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London-listed Tullow Oil has signed two production-sharing agreements with Uganda, allowing it to complete a deal with China's CNOOC and France's Total that will pave the way for commercial oil production. Ugandan Energy Minister Irene Muloni...
03 Feb 12
 
 
Energy

Engineering firm awarded gas engine power plant contract

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A subsidiary of engineering and construction firm Foster Wheeler has been awarded an engineering, procurement and construction management (EPCM) services contract from energy and chemicals provider Sasol New Energy Holdings for the outside battery...
 
 
 
 
 
 
 
Energy Multimedia
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Jasco says Spescom integration, restructuring... Video
GE committed to job creation in sub-Saharan Africa Video
Sasol says gas-heavy growth pipeline... Video
Sasol pulls back from China CTL, reallocates... Video
Financier moves ahead with biofuels project Video
Some light, and heat, as SA debates fracking... Video
SA’s energy efficiency push gathering momentum Video
Oilrig servicing can boost W Cape, create jobs... Video
SacOil to bolster executive team as it prepares... Video
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Chavez says Venezuela should supply... Audio
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Maize excluded from SA biofuels plan,... Audio
B&W will seek to diversify customer... Audio
Sasol in talks to build two... Audio