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Oct 20, 2014
Updated 3 hours ago Energy company Shell has handed over rare, high-quality three-dimensional (3D) seismic data, collected off the west coast of South Africa, to the universities of the Western Cape and Cape Town to be used for the advancement of research and skills development relevant...
Oct 17, 2014
Article contains comments
Kariba North South Hydropwer
Efforts to adequately fund the $290-million rehabilitation of the Kariba dam, on the Zambezi river basin, have proven successful as the Zambezi River Authority (ZRA) moves to finalise pledges of up to $280-million. The ZRA on Friday said it had embarked on the final...
Oct 16, 2014
Africa's under used gas reserves, either exported or burnt away into the sky, are set to play a big role in stemming the continent's crippling electricity void, a shift that should boost economies and small-cap energy firms. Sub-Saharan Africa contains some of the...
Oct 16, 2014
JSE-listed Allied Electronics subsidiary Powertech Transformers on Thursday announced that it has reentered the arc furnace market, reestablishing its position as the only South African manufacturer designing, building and testing arc furnace transformers locally....
Oct 15, 2014
Koeberg power station
The National Nuclear Regulator (NNR) on Wednesday said it would, on October 22, conduct a full-scale nuclear safety regulatory emergency exercise at the Koeberg power station, in the Western Cape, to test the effectiveness of the Integrated Koeberg Nuclear Emergency...
Oct 15, 2014
Article contains comments
Local authorities along Kenya's coast said they plan to introduce new taxes on mining and oil exploration despite resistance from the country's central government. Kwale, Lamu and Taita Taveta counties along Kenya's Indian Ocean coastline have proposed the new taxes...
Oct 14, 2014
Nearly 3% of global oil production is vulnerable to cuts if prices fall to $80 per barrel, making some projects in Canada, Angola, Brazil and Norway unprofitable, the International Energy Agency said. The estimate was included in a monthly report in which the IEA...
Oct 13, 2014
Kenya is yet to decide whether to turn east Africa's only oil refinery into an oil storage facility or pay for its upgrade after buying the remaining 50% stake from India's Essar Energy, the energy minister said on Friday. Fuel distributors have long complained about...
Oct 10, 2014
Oct 10, 2014
Oct 10, 2014
Oct 09, 2014
 
 
 
Oct 09, 2014
ASX-listed Jacka Resources and its joint venture (JV) partners have committed to the $220-million Phase 1 development of the Aje Cenomanian oil reservoir, offshore Nigeria. Jacka’s share of the funding would be A$14.7-million, and the company told shareholders on...
Oct 08, 2014
More than 20 people were injured when a fire broke out at Sasol's Secunda plant in Mpumalanga, the company said on Wednesday. "Around 23 employees were treated at the local medical station, mostly for smoke inhalation. No employees were hospitalised," Sasol...
Oct 07, 2014
Chad expects to double oil production by the end of 2015 as new fields come on stream and has appointed firms to inventory potential mineral deposits in an effort to diversify the economy, its finance minister said. The former French colony, one of the poorest...
Oct 03, 2014
Although Southern Africa faces the global challenge of meeting the triple bottom line of energy affordability, security of supply and reducing its carbon footprint, it is rich in natural energy resources, which must be harnessed to deal with these and other energy...
Oct 03, 2014
The National Business Initiative (NBI), which heads the Private Sector Energy Efficiency (PSEE) programme, states that the National Energy Regulator of South Africa’s (Nersa’s) approving the increase in energy costs has meant that companies have to find ways of being...
Oct 03, 2014
Solar power products manufacturer SolarWorld Africa has sponsored the eight-day countrywide integrated energy and chemical company Sasol Solar Challenge, which aims at demonstrating the performance of solar-powered vehicles.
Oct 02, 2014
Article contains comments
The International Energy Agency (IEA) has welcomed the launch of the world’s first large-scale power station equipped with carbon capture and storage (CCS) technology, describing it as a “historic” milestone on the road towards a low-carbon energy future. The 110...
Oct 01, 2014
Article contains comments
Private equity investors are increasingly becoming more active in Africa’s bid to narrow the $90-billion a year infrastructure funding gap constraining the continent’s growth. This was according to a survey by the Southern African Venture Capital and Private Equity...
Sep 29, 2014
An updated independent assessment of the prospective resources of dual-listed Camac Energy’s offshore Nigerian leases has increased the estimated recoverable resources from 537-million barrels of oil to 2.37-billion barrels of oil in four of its top exploration...
Sep 29, 2014
Following his resignation as FD of mining major Anglo American Platinum (Amplats) on Monday, Bongani Nqwababa has been appointed executive director and CFO designate of petrochemicals group Sasol. Pursuant to his appointment as CFO designate, he had also stepped down...
 
 
 
 
Sep 29, 2014
A new State-owned ethylene factory due to start production in Alexandria next year could save Egypt about $500-million on annual imports and allow it to begin exporting petrochemicals to Western Europe and Africa, its chairman said. The factory, operated by Egyptian...
Sep 26, 2014
The retail price of 95-grade petrol in South Africa will drop by 5c or 0.4% a litre from next Wednesday, while wholesale diesel will decrease by 1%, the Department of Energy said on Friday. Petrol will cost R13.61 a litre while the wholesale diesel price will be set...
Sep 26, 2014
Sydney-listed energy group Challenger Energy says it is encouraged by recent indications of a “growing appreciation of the importance” of South Africa’s nascent shale gas industry and its potential beneficial impact to the broader economy, adding that momentum...
Sep 26, 2014
The Competition Commission has made a call for submissions in terms of its enquiry into the liquefied petroleum gas (LPG) industry, giving stakeholders until October 31 to submit their comments. The aims and rationale of the three-phase market inquiry – of which the...
Sep 26, 2014
Libya's oil output has risen further, pushing world oil prices lower, defying the chaos of more fighting between the factions that divide the country and a government driven from the capital. Crude output has reached 925 000 barrels per day (bpd), a spokesperson for...
Sep 26, 2014
Cellular major MTN South Africa has approved two gas-powered generation developments for its Doornfontein (1 MW) and Newlands (6 MW) sites, in Gauteng, based on the success of its 2 MW trigeneration plant, at its Roodepoort headquarters. MTN will expand this...
Sep 25, 2014
Ivory Coast's Foxtrot International expects to secure natural gas production for the next decade with a series of new offshore wells it will begin drilling next year, company officials said on Wednesday. Ivory Coast, French-speaking West Africa's largest economy, is...
Sep 23, 2014
Nigerian energy company Oando said on Tuesday its pre-tax profit in the first half rose 103% to 12.53-billion naira from 6.15-billion naira in the same period last year. Revenue dropped to 194.55-billion naira compared with 280.32-billion, the firm said in a filing...
Sep 23, 2014
Article contains comments
Angola's liquefied natural gas plant faces major reconstruction to fix design flaws and corrosion of nearly-new equipment, threatening to extend a lengthy closure and pushing unofficial estimates of the project's cost to at least $12-billion. US oil group Chevron,...
Sep 19, 2014
Article contains comments
Zukie Siyotula, Wandile Mseleku and Govert Rietema.
African investment management firm Thebe Investment Corporation has acquired a 15% stake in Burgan Cape Terminals, which was, last year, awarded a 20-year contract by Transnet National Ports Authority (TNPA) to develop and manage fuel storage and distribution...
 
 
 
 
Sep 19, 2014
For two years, Italy-based industrial research and development company Sunchem have been working on producing jet fuel using a tobacco crop project in Marble Hall, Limpopo, which has proved to be successful in the small-scale trials, says Sunchem SA MD Joost van...
Sep 19, 2014
Cape Town-based industrial boilers designer and manufacturer John Thompson developed the MicroGen watertube boiler – launched this year – to cater for increasing demand for small, medium-pressure power boilers that are particularly suited to applications in fibrous...
Sep 19, 2014
Development financier the Eastern Cape Development Corporation (ECDC) signed a cooperation agreement with Argentina-based consortium A & G International in July, which will lead to the production of 25 000 ha of soybeans and other grains for biofuels, human...
Sep 19, 2014
Although a fledgling industry, biofuels in South Africa looks promising, owing to the high volumes of waste being produced that need to be managed and South Africa’s electricity constraints, says power technology, systems and solutions, equipment  and aftermarket...
Sep 18, 2014
Article contains comments
Desmond Tutu
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 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 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
The South African Women in Energy Network (Sawien) launched its first annual South African Women in Energy Awards in Gauteng last month to celebrate women and validate their hard work in advancing the energy landscape.
Sep 11, 2014
Encouraged by the industrial and tourism potential of Port Elizabeth and driven by its partnership with gas company Air Products, liquefied petroleum gas (LPG) supplier and distributer Reatile Gaz on Thursday officially opened a new LPG depot and cylinder filling...
 
 
 
 
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
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...
 
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