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Nov 21, 2014
Russia's second-largest oil company, privately controlled Lukoil, said on Friday it planned to invest in Nigeria with US oil major Chevron Corp, part of its push to seek opportunities away from Russia's state-dominated oil sector. "We have decided to enter a joint...
Nov 21, 2014
STEVE BLUEN Between 2008 and 2010, only 4% of students in sub-Saharan Africa graduated with engineering and construction degrees
The skills shortage in the oil and gas development sector in Southern Africa was hampering economic development in the region, said University of the Witwatersrand Business School head and director Steve Bluen at a skills development seminar, in Johannesburg, earlier...
Nov 21, 2014
MARAIS ‘SPYKER’ VAN HEERDEN 3D Draughting’s MD flanked by Bentley Systems' global marketing director Anne-Marie Walters and building, electrical plants and plant products VP Ken Adamson
South Africa was again recognised for excellence in engineering earlier this month, when Cape Town-based computer-aided design draughting (CADD) specialist 3D Draughting took top honours at global infrastructure software manufacturer Bentley System’s Be Inspired...
Nov 20, 2014
Royal Dutch Shell said on Thursday it had completed the sale of its 30% stake in Nigeria's onshore Oil Mining Lease (OML) 24 in the Eastern Niger Delta to Newcross Exploration and Production for $600-million. French partner Total and Italy's Eni also sold their...
Nov 19, 2014
Nigeria's long-awaited Petroleum Industry Bill (PIB) is not expected to be voted on by parliament before a planned general election in February 2015, the finance minister said on Tuesday. The bill, which is expected to reform Africa's top oil producer's oil taxes and...
Nov 18, 2014
Article contains comments
State-owned power utility Eskom was no longer targeting 2017 for the commercialisation of underground coal gasification (UCG) at its Majuba power station, in Mpumalanga, owing to delays in receiving regulatory approvals. The utility said in October last year that it...
Nov 18, 2014
African building materials maker Uganda Clays Ltd (UCL) expects its costs to fall by up to 40% in 2015, helped by a switch to cheaper, local biofuels from imported oil to fire more of its furnaces, its managing director said on Tuesday. George Inholo, who took over...
Nov 17, 2014
Petroleum products supplier Gulfstream Energy and independent wholesaler Tipublox Petroleum have formed a new company G&T Tsela to focus on logistics within the South African fuel industry. Gulfstream noted that, as one of the nine companies collectively awarded a...
Nov 17, 2014
Nov 17, 2014
Nov 17, 2014
Nov 17, 2014
 
 
 
Nov 14, 2014
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Algeria and Venezuela will join forces to defend crude oil prices, Venezuela's Foreign Minister Rafael Ramirez said in remarks broadcast on Thursday, ahead of an OPEC meeting later this month. "We talked about the international oil market and reaffirmed our position...
Nov 13, 2014
A planned liquefied natural gas (LNG) export plant to develop Tanzania's vast gas reserves could cost up to $30-billion, the energy minister said, but declined to reveal the proposed site for the liquefaction facility. East Africa has become one of the world's...
Nov 13, 2014
Independent power producer Ipsa on Thursday announced the sudden death of its CEO Phil Metcalf. Ipsa said former CEO Peter Earl had agreed to take on the role of acting CEO in the interim.
Nov 12, 2014
Falling oil prices may cut investment in US shale oil by 10% next year, the International Energy Agency (IEA) said, slowing growth in a sector that has turned the United States into a major global producer. The recent drop in oil prices "should not blind us to the...
Nov 12, 2014
Article contains comments
Econometrix MD and senior economist Rob Jeffrey said on Wednesday that the “fundamental weaknesses” of renewable-energy sources currently precluded these projects from being able to provide affordable, reliable power to the national grid. Despite emphasising that all...
Nov 12, 2014
Article contains comments
The existing Lake Charles facility where Sasol already has a 455 000 t/y operational ethane cracker
In a reversal of traditional foreign-investment flows, an African company is poised to make the largest-ever capital investment into the southern US State of Louisiana, with a second, even bigger, investment under investigation. JSE-listed energy and chemicals group...
Nov 12, 2014
Africa-focused oil and gas explorer Tullow Oil said it will concentrate its investment focus on its producing assets and existing discoveries because of weak oil prices and poor offshore drilling results. The company is reviewing its operations in French Guiana and...
Nov 11, 2014
World Wide Fund for Nature South Africa (WWF-SA) on Tuesday launched the 2014-15 round of the organisation’s international Climate Solver Awards platform, providing an opportunity for small businesses to showcase innovative technologies that reduce carbon emissions...
Nov 10, 2014
Article contains comments
Advocacy group Treasure Karoo Action Group (TKAG) has called for the revisiting of an intensive public consultation process before licences are issued for exploratory drilling for shale gas in South Africa’s central Karoo region. This followed reports by Engineering...
Nov 07, 2014
PLASTICS TO DIESEL DEMONSTRATION The demonstration plant converts oil-containing plastics to diesel and multifuel
Small-scale plastics-to-diesel plants can be used by communities and in cooperation with municipalities to derive value from waste plastics, says Plastic Diesel cofounder and entrepreneur Deon Bester. With the help of a research partner in New Zealand, the plant has...
 
 
 
 
Nov 06, 2014
South African petrochemicals group Sasol expects full production at a gas-to-liquids plant in Nigeria it is developing with Chevron by mid-2015, a senior official said on Thursday. The Escravos GTL plant in the Niger Delta has suffered multiple delays and its...
Nov 05, 2014
Article contains comments
Shell South Africa Marketing chairperson Bonang Mohale
Energy group Shell confirmed on Wednesday that the company had received notification from the Petroleum Agency South Africa (Pasa) that its applications for three exploration rights in the Karoo, which had been submitted in 2009, were being processed. But Shell South...
Nov 05, 2014
Article contains comments
Shell LNG business development manager John Shoobridge
Energy multinational Shell says South Africa would be able to recoup the capital costs associated with a liquefied natural gas (LNG) import terminal within three to four years by using the gas to replace diesel at Eskom’s open-cycle gas-turbines (OCGT) in the Western...
Nov 04, 2014
Article contains comments
Medupi power station
State-owned power utility Eskom is in very real danger of a ratings downgrade, with the energy system on knife-edge at the moment, warns Professor Anton Eberhard, a member of the National Planning Commission (NPC). South Africa has been plunged into an energy crisis,...
Nov 03, 2014
Angola's Sonangol is hoping to start supplying crude oil to Indonesia's state oil firm early next year in a possible joint venture, company officials said on Monday. Indonesia has struggled to attract sufficient investment to halt declining domestic output, which has...
Oct 31, 2014
The retail price of 95-grade petrol in South Africa will drop by 45 cents or 3.3 percent a liter from next Wednesday, while wholesale diesel will decrease by 4.9 percent, the government said on Friday. Petrol will cost 13.16 rand ($1.20) a liter while the wholesale...
Oct 31, 2014
Countries across Asia are quietly reaching deals to import liquefied natural gas (LNG) from Mozambique, which could transform its economy and give it a front-row seat in tapping rising global gas demand. The unannounced agreements, five in total, show how war-scarred...
Oct 31, 2014
GREEN INDIFFERENCE Companies are focusing more on short-term investments and returns to reduce upfront investment costs, which negates the “green impact”
The South African market tends to be indifferent towards the green industry trend, with the current market seemingly not valuing buildings that practise green management or that have been designed with green principles, says integrated facilities management solutions...
Oct 31, 2014
GENERATION CAPACITY Trigeneration can be up to 40% more energy efficient, and helps to reducing operating costs, fuel expenses and environmental pollutants
Trigeneration technology as a green technology is receiving more interest locally, resulting in its increased implementation. Trigeneration technology has the same components as a cogeneration plant – a gas engine, electricity generator and a heat exchanger – but...
Oct 30, 2014
Sasol announced on Thursday that its broad-based black economic empowerment (BBBEE) transaction, Sasol Inzalo, has been partially refinanced, making a significant contribution to reducing its financing costs. The refinancing would see shareholders of Sasol Inzalo...
 
 
 
 
Oct 30, 2014
Oct 29, 2014
Independent power producer Ipsa on Wednesday settled its dispute with Turbocare related to the sale and purchase agreements and refurbishment agreement for the Siemens Westinghouse 701DU turbines Ipsa bought in 2007. In terms of the agreement, Ipsa would pay...
Oct 28, 2014
Article contains comments
The first exploratory drill head could be biting its way down through Karoo rock in search of shale gas by as early as mid-2016, according to the Mineral Resources department. Speaking to Sapa after briefing MPs on shale gas exploration licences, deputy director...
Oct 28, 2014
Mineral exploration and development company Kibo Mining has completed the technical work for Phase 1, Stage 1 of the definitive mining feasibility study (DFMS) for its Rukwa coal-to-power project (RCPP), in Tanzania, ahead of schedule. The company was now awaiting...
Oct 28, 2014
China National Petroleum Corporation (CNPC) has agreed to pay $400-million in compensation to settle an environmental dispute with Chad, the central Africa country's oil minister said on Monday, a fraction of the $1.2-billion sought by the government. "A definitive...
Oct 27, 2014
Article contains comments
Challenger Energy MD Robert Willes
The Petroleum Agency South Africa (Pasa) has confirmed on Monday that it would proceed with the processing of pending shale-gas applications received prior to February 1, 2011. The applicants affected include Shell South Africa Upstream, Falcon Oil and Gas and...
Oct 27, 2014
Sasol has approved the investment of $8.1-billion on an ethane cracker and derivatives complex at its existing site in Lake Charles, Louisiana, which would triple the petrochemicals group’s chemical production capacity in the US and enable it to further strengthen...
Oct 27, 2014
The Tanzanian Ministry of Energy and Minerals (MEM) has published an Electricity Supply Industry Reform Strategy and Roadmap for 2014 to 2025, which aims to implement sweeping structural reforms that would streamline project finance structures and liberalise the...
Oct 27, 2014
Fossil Fuel Foundations' Lionel Falcon
A roadmap for underground coal gasification (UCG) is on the way with its own association and charter, Fossil Fuel Foundation (FFF) stalwart Professor Lionel Falcon said at the weekend. Speaking at the FFF’s 20th anniversary awards banquet, Falcon said the UCG...
Oct 27, 2014
Coal asset developer Ncondezi Energy has signed a nonbinding memorandum of understanding (MoU) with the Shanghai Electric Power Company (SEP) that could see SEP becoming the controlling shareholder of Ncondezi’s 300 MW power plant project in Tete, northern...
 
 
 
 
Oct 27, 2014
The Petroleum Agency of South Africa (Pasa) has advised unconventional gas explorer Challenger Energy’s Bundu Gas and Oil Exploration subsidiary that a decision has been taken to proceed with processing Bundu’s application for a shale gas exploration right in South...
Oct 27, 2014
Tanzania has held talks with France's Total and Britain's BP over oil and gas exploration, its energy ministry said on Saturday, aiming to add to major companies active in its thriving energy sector. Companies already present in the east African state include...
Oct 24, 2014
CREATIVE COMPRESSOR SOLUTION The compressors were initially designed as oil-free air compressors, and had to be modified to accommodate the flow of nitrogen
Compressor and generator hire company Rand-Air, which is part of international engineering group Atlas Copco, played a significant role in the recent timely delivery of mission-critical equipment as well as services to petrochemicals producer Sasol Synfuels’ nitrogen...
Oct 24, 2014
EXPANDED OFFERING ImproChem concluded the purchase and integration of Swiss speciality chemicals company Clariant’s African water treatment business on July 1
JSE-listed speciality chemicals group African Explosives and Chemical Industries’ (AECI’s) wholly owned water, energy and air solutions subsidiary ImproChem recently expanded its technology offering and market reach to provide water, energy and air quality management...
Oct 24, 2014
SAFE OPERATIONS Oryx GTL recorded about 16-million work hours without a lost-time incident
The use rate of the flagship Oryx gas-to-liquids (GTL) project – the joint venture (JV) between South African energy and chemicals group Sasol and Qatari State-owned Qatar Petroleum – increased from 81% to 97% over the past three years. Speaking at the group’s...
 
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