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Jul 29, 2014
Japanese trading house Mitsui & Co is in talks to sell its stake in Equatorial Guinea's liquefied natural gas (LNG) export project, a senior source with direct knowledge of the matter said. Mitsui's 8.5% stake in the country's LNG facility may be snapped up by one or...
Jul 28, 2014
Exxaro CEO Sipho Nkosi
Black-controlled mining company Exxaro is to acquire the South African coal mines of French petroleum giant Total to create 100% black-owned coal assets. The JSE-listed Exxaro, headed by CEO Sipho Nkosi, has entered into a binding sale and purchase agreement with...
Jul 25, 2014
A unit of the World Bank has lent Kenya $50-million at zero interest to support the government's efforts in building capacity to manage the emerging oil and gas industry. Oil discoveries in Kenya are part of a string of hydrocarbon finds in the east African region...
Jul 25, 2014
With State-owned power utility Eskom’s 2014 energy efficiency awards (eta Awards) scheduled to take place on November 28 this year, Eskom sustainability executive Dr Steven Lennon states that raising awareness of the benefits of using off-grid electricity will be...
Jul 25, 2014
Consultancy Frost & Sullivan’s African Utility Market Intelligence Report has highlighted an urgent need for power and water utilities to expand and improve their generation and distribution capacities. This finding is based on the consultancy’s analysis of the...
Jul 24, 2014
Mineral Resources Minister Advocate Ngoako Ramatlhodi on Thursday officially launched the drill operation for South Africa’s first offshore deep-water well, south of Mossel Bay. The well, which would be operated by petroleum company Total, gave impetus to South...
Jul 23, 2014
East Africa would be the next major oil and gas play on the continent, professional services firm PwC Africa Oil & Gas Advisory senior manager Derek Boulware said on Wednesday. Speaking at the launch of the firm’s 2014 Africa oil and gas review titled ‘On the...
Jul 22, 2014
Article contains comments
Anti-fracking lobby group Treasure the Karoo Action Group (TKAG) and social rights group AfriForum hand delivered a letter to President Jacob Zuma this week calling on him to declare a fresh moratorium on hydraulic fracturing in South Africa, or face possible legal...
Jul 22, 2014
Article contains comments
Jul 21, 2014
Article contains comments
Jul 21, 2014
Jul 21, 2014
 
 
 
Jul 18, 2014
South African gas provider Afrox’s Nigerian sister company BOC Gases Nigeria this week officially opened a compact and highly-modularised air separation unit (ASU) for bulk nitrogen production, in Port Harcourt. BOC Gases Nigeria MD Johnson Idowu said the facility...
Jul 18, 2014
The long-running and highly contested Economic Partnership Agreement (EPA) negotiations between seven Southern African countries and the European Union (EU) have been concluded, with South Africa insisting that the new deal preserves coherence within the Southern...
Jul 17, 2014
State-owned power utility Eskom on Thursday said it was heading for a major project milestone at Medupi, in Limpopo, as the parastatal started the blow-through on the Unit 6 boiler warm-up lines last week. The cleaning of the system lines to remove any foreign matter...
Jul 17, 2014
British explorer Tullow Oil said on Wednesday said it planned to challenge a Ugandan tax tribunal decision ordering it to pay a $407-million tax bill in relation to a 2012 sale of oil field stakes. Tullow Oil said it had already paid $142-million of the overall bill,...
Jul 16, 2014
The water use licence report for Kuyasa Mining subsidiary KiPower’s proposed 600 MW independent power producer coal-fired plant, about 20 km south-east of Delmas, in Mpumalanga, would be published for public review and comment on July 23. The coal-fired power...
Jul 15, 2014
Article contains comments
Mineral Resources Minister Ngoako Ramatlhodi
Mineral Resources Minister Ngoako Ramatlhodi has focused sharply on plans to speed up transformation in South Africa’s mining sector and enforce compliance with the Mining Charter. During his budget vote on Tuesday, he told the National Assembly that he was...
Jul 15, 2014
Resourceful designers have one last chance to design and create a working energy efficient lamp prototype for entry into State-owned utility Eskom’s 2014 Energy Efficient Lighting Design Competition, which closes on August 15. In an effort to entrench an energy...
Jul 14, 2014
As the outside date for Nigeria-focused oil and gas explorer Oando Energy Resources’ (OER’s) long-awaited and much delayed $1.65-billion takeover of New York-listed ConocoPhillips’ Nigerian upstream oil and gas business nears, OER has also completed the...
Jul 14, 2014
State-owned power utility Eskom will extend a new programme to counter the sharp increase in electricity theft, which costs it R4.1-billion a year in revenue, to all provinces following the success of a pilot programme in Limpopo. Eskom senior manager for energy...
Jul 11, 2014
Article contains comments
Interim Eskom CEO Collin Matjila
State-owned power utility Eskom spent a massive R10.5-billion on diesel fuel in 2013/14 to enable it to operate its two open-cycle gas turbines (OCGT) in the Western Cape. The expenditure was well up on the R5-billion spent in the prior year and a full R8.1-billion...
 
 
 
 
Jul 11, 2014
Nigeria's Oando Plc has converted a $218.9-million loan to its Toronto-listed unit Oando Energy Resources to equity, to increase its stake in the subsidiary by 1.6% to 93.6%, it said on Thursday. Oando said the debt is part of a $1.2-billion facility it approved for...
Jul 11, 2014
Article contains comments
Government’s Gas Utilisation Master Plan (Gump), Integrated Energy Plan (IEP) and Integrated Resource Plan (IRP) underline that gas is not only a substitutable alternative to coal, but could also evolve to become a substantial part of South Africa’s energy mix....
Jul 11, 2014
The 2014 class of interns at the Denel Dynamics Engineering Academy of Learning (EAL) is now well into meeting the challenge that has been given to it. The EAL is based at the main Denel Dynamics facility in Centurion, south of Pretoria, in Gauteng and serves to take...
Jul 11, 2014
Article contains comments
Government’s Gas Utilisation Master Plan (Gump), Integrated Energy Plan (IEP) and Integrated Resource Plan (IRP) underline that gas is not only a substitutable alternative to coal but a definitive and substantial part of South Africa’s energy mix.
Jul 10, 2014
Aim-listed Ncondezi Energy has entered the final stages of negotiations on the power purchase agreement (PPA) and the power concession agreement (PCA) for its 300 MW power plant project near Tete, in northern Mozambique. Ncondezi had completed all internal work...
Jul 10, 2014
Telecommunications giant MTN this week unveiled Africa’s first concentrating solar cooling plant, paving the way for South African companies to adopt similar strategies to reduce their carbon footprint. The more than R5-million concentrating solar power (CSP)...
Jul 09, 2014
Oil and gas company Total Exploration & Production (E&P) has appointed shipping group GAC South Africa to provide shipping and logistics support for its drilling project off the coast of South Africa, which started in June this year. The contract would see GAC...
Jul 09, 2014
Nigerian financial services firm the ARM Infrastructure Fund is close to raising $250-million in the country's first infrastructure fund, to invest in transport, energy and utility sectors across West Africa, with much of the money coming from pension funds. The fund...
Jul 08, 2014
OPEC member and gas exporter Algeria is in advanced talks for a first deal to start oil and gas exploration in Tanzania, boosting its ambitions to expand in east Africa, Algerian and Tanzanian energy ministers said on Monday. "We want to use the Algeria's experience...
Jul 07, 2014
Article contains comments
A ten-month programme investigating the viability of using clean-burning methane – in the form of compressed natural gas (CNG) and compressed biogas (CBG) – to power passenger vehicles in South Africa, has shown that the conversion of petrol- or diesel-powered...
 
 
 
 
Jul 07, 2014
Article contains comments
As ASX-listed Challenger Energy prepared to enter the shale gas exploration space, the South Africa-focused junior was in advanced negotiations to secure a strategic partner. The company was currently focusing on leveraging its shale asset in the Karoo basin to build...
Jul 04, 2014
European airliner manufacturer Airbus spends some €2-billion a year on research and development (R&D), research and technology (R&T) and innovation. Airbus is part of the larger Airbus Group and it is important to stress that this is the figure for the airliner...
Jul 03, 2014
Article contains comments
Sasol CEO David Constable
A joint prefeasibility study into a large-scale gas-to-liquids (GTL) plant, based on gas from the Rovuma basin in Northern Mozambique, has been launched amid growing excitement about the energy potential that could flow as a result of large-scale gas discoveries in...
Jul 03, 2014
The Democratic Republic of Congo has earned full membership to the Extractive Industries Transparency Initiative (EITI), the global organisation promoting good management of oil, gas and mineral resources, the group said on Wednesday. The decision comes little more...
Jul 03, 2014
South Sudan plans to borrow 3-billion pounds, about $1-billion at the official rate, from oil firms during the financial year 2014/15 to help cover repayments due on domestic loans and previous oil advances, the government said in a budget document. It expects...
Jul 02, 2014
Kenya has awarded a 43-billion shilling ($490.31-million) contract to build a fuel pipeline linking Mombasa and Nairobi to Lebanese construction firm Zakhem International, the State-run Kenya Pipeline Company (KPC) said. KPC has said previously that the existing...
Jul 02, 2014
Oil and gas producer Tullow Oil reported a $415-million pretax write-off in net exploration in the first half of 2014 after disappointing results in Mauritania, Ethiopia and Norway. Despite poor exploration results in these basins, the Africa-focused explorer...
Jul 01, 2014
In acknowledgment of its contribution to the Western Cape economy, South African rig repair company DCD Marine Cape Town has been recognised by the Western Cape government for attracting some R1-billion in revenue to the province and creating around 1 193 jobs during...
Jun 30, 2014
Nigeria-focused oil and gas explorer Oando Energy Resources (OER) and New York-listed ConocoPhillips have entered into an agreement to extend the outside date for the completion of the $1.65-billion proposed acquisition by OER of ConocoPhillips’ Nigerian upstream...
Jun 30, 2014
 
 
 
 
Jun 27, 2014
Article contains comments
Shale gas development could either facilitate or hinder South Africa’s transition from reliance on coal-fired energy towards clean energy with universal access to electricity. While the development of shale gas in the country was deemed a route to a cleaner future,...
Jun 27, 2014
Major oil producers represented by the National Petroleum Employers' Association (NPEA) have signed a two-year wage deal with trade unions, the Chemical Energy Paper Printing Wood and Allied Workers Union, Solidarity and the South African Chemical Workers' Union,...
Jun 26, 2014
Article contains comments
Accelerating the importation of liquefied natural gas (LNG) could aide in the development of South Africa’s lacking gas infrastructure and bolster the nation’s aim of ensuring sufficient energy supply within the next three to five years. As the country awaits the...
Jun 26, 2014
Article contains comments
Should South Africa fail to accelerate its shale gas ambitions, it could miss out on the largest opportunity it would see for the next three decades, Shell Marketing South Africa and Shell South Africa Holdings chairperson Bonang Mohale said on Thursday. With the...
Jun 24, 2014
 
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