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Sep 03, 2014
Minister Ngoako Ramatlhodi
Updated 41 minutes ago Oil and gas players in South Africa should have clarity on potential legislation changes by as early as next week, Mineral Resource Minister Ngoako Ramatlhodi said on Wednesday. Speaking to Mining Weekly Online on the sidelines of Paydirt’s Africa Downunder...
Sep 03, 2014
Updated 1 hour 26 minutes ago 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,...
Aug 29, 2014
Article contains comments
Finance Minister Nhlanhla Nene
The key to the development of South Africa lay in mineral beneficiation and industrialisation in joint development with its regional neighbours, South Africa’s new Finance Minister Nhlanhla Nene told the Centre for Education In Economics and Finance (CEEF)....
Aug 29, 2014
Peter Coleman
Oil and gas major Woodside on Friday called on emerging African resource nations to carefully consider implementing any policy changes that could scare away foreign investment. Speaking at the second day of the East Africa Oil and Gas conference, Woodside CEO Peter...
Aug 29, 2014
Aug 29, 2014
Aug 29, 2014
Aug 29, 2014
 
 
 
Aug 29, 2014
A society that is aware of the benefits of science and technology will work to ensure it remains competitive in those areas, and petrochemicals major Sasol’s yearly Techno X expo provides a dynamic and interactive platform for learners to discover career...
Aug 29, 2014
The implementation of a comprehensive fire and gas detection and proactive emergency shutdown (ESD) system solution is essential in ensuring the protection of active plants and associated assets of substantial value, and is invaluable in averting any type of...
Aug 29, 2014
An issue for many subsea oil and gas fields is that decreasing natural pressure is reducing recovery and shortening the lifetime of fields. Norwegian oil and gas multinational Statoil-owned Åsgard oilfield, situated about 200 km off the coast of Norway, has...
Aug 28, 2014
Article contains comments
Petrochemical giant Sasol, in partnership with Mozambique State-owned power utility Electricidade de Moçambique (EDM), on Thursday inaugurated Mozambique’s first permanent large-scale gas-to-power facility in Ressano Garcia. Natural gas would be supplied to the...
Aug 28, 2014
Aug 27, 2014
Article contains comments
If approved, the much debated Mineral and Petroleum Resources Development Act (MPRDA) Amendment Bill, currently before President Jacob Zuma for final endorsement, was likely to create ambiguity and uncertainty around the overarching legislation governing the oil and...
Aug 27, 2014
Coatings and linings provider Sharpshell Industrial Solutions’ Godfrey Pangeti has urged oil and gas project developers on the continent to incorporate strategies to protect their infrastructure into the design phase of a project, preventing costly downtime, and...
Aug 27, 2014
Article contains comments
Government says it is ready to regulate and monitor companies that have expressed an interest in exploring shale gas in the country. Thibedi Ramontja, the Director-General of the Mineral Resources Department, said the draft regulations will, once finalised, be...
Aug 27, 2014
British gas company BG Group has produced higher-than-expected flows of gas from a test well off the coast of Tanzania, boosting the financial viability of its planned liquefied natural gas (LNG) export terminal in the east African country. Test flows at BG's Mzia-3...
Aug 27, 2014
Interest in oil and gas exploration off South Africa’s coast has, in the past four years, accelerated to such an extent that nearly all the country’s offshore exploration blocks are under licence or under application for exploration by independent companies,...
 
 
 
 
Aug 26, 2014
Article contains comments
Lamenting a “chicken and egg” scenario in the local liquefied natural gas (LNG) industry, South African Oil and Gas Alliance CEO Ebrahim Takolia has argued that South Africa should first increase the size and distribution network of the local gas market –...
Aug 26, 2014
Citing an abundance of planned or developing gas-related energy projects in sub-Saharan Africa, Africa Project Access MD Paul Runge said on Tuesday that there was “huge” opportunity for logistics and ancillary service companies to take advantage of the...
Aug 26, 2014
Article contains comments
National oil company (NOC) PetroSA has decided not to establish its proposed floating liquefied natural gas (LNG) import terminal in the Southern Cape region. The NOC announced on Tuesday that this followed extensive research into the feasibility of establishing the...
Aug 25, 2014
Article contains comments
Anti-fracking lobby group, the Treasure Karoo Action Group (TKAG), and social rights group AfriForum plan to take their fight against hydraulic fracturing (fracking) in South Africa to the Public Protector. The parties said they would submit a written complaint to...
Aug 22, 2014
The South African energy industry had to take stock of its actions and ensure that it not only focused on rapid results in the short term but also on long-term sustainability, South African National Energy Association (Sanea) chairperson Brian Statham said on...
Aug 22, 2014
TSX-listed SNC-Lavalin has completed its C$2.1-billion buy out of global oil and gas services company Kentz Corporation, with the latter’s integration into the engineering and construction firm under way. SNC-Lavalin aimed to transform its oil and gas division into...
Aug 22, 2014
Article contains comments
Nick Thomson
JSE-listed African Oxygen (Afrox) was hoping the Competition Commission enquiry into the liquefied petroleum gas (LPG) industry, of which the results were expected to be released in March 2016, would unlock opportunities for the competitive importation of LPG in to...
Aug 22, 2014
Article contains comments
More than $30-billion will be invested initially in Mozambique's natural gas sector to build capacity to produce 20-million tonnes per year of liquefied natural gas (LNG), with the first exports due to start in 2018, the national oil company said. The investments...
Aug 21, 2014
Oil traders have begun fixing tankers to take North Sea, West African and Arab crudes to South Africa for storage, hoping for a repeat of the multi-million dollar bonanza they reaped in 2008-2009. Shipping fixtures show that in late July and August, BP, Mercuria,...
Aug 19, 2014
SacOil CEO Dr Thabo Kgogo
Independent African upstream oil and gas company SacOil on Tuesday announced that it had been assigned a 20% participating interest in the 126 km2 233 offshore oil prospecting licence (OPL233), off the coast of Nigeria, enabling the company to embark on a broader and...
 
 
 
 
Aug 15, 2014
Article contains comments
The Competition Commission planned to deliver the results of a liquefied petroleum gas (LPG) market inquiry by March 2016 – six months later than anticipated. The market inquiry, which would now kick off on September 15, had initially been scheduled to start in...
Aug 15, 2014
INDUSTRY INITIATIVE Local industry can use waste energy to generate heat for its own processes
Local industry is starting to implement projects using the principles associated with the ‘circular economy’ with a specific focus on developing a greener industry, says consulting engineering firm Royal HaskoningDHV. A circular economy entails industry...
Aug 15, 2014
POWER INCREASE Powermode expects that electricity price increases will drive demand for solar photovoltaic solutions
Power protection and management solutions provider Powermode expects a significant increase in demand for solar photovoltaic (PV) rooftop solutions for local industry within the next nine to 18 months, owing to their efficiency in reducing greenhouse-gas emissions...
Aug 15, 2014
FOCUS AREA National Cleaner Production Centre of South Africa believes industry needs to embrace the idea of resource efficiency in waste and water areas
Although there is significant focus currently on energy efficiency in industry, there is an increasing need for industry to expand its participation in the green space beyond just energy, government programme National Cleaner Production Centre of South Africa...
Aug 15, 2014
REDUCTION NEED Most of South Africa’s carbon dioxide emissions, which currently comprise an inventory of about 500-million tonnes, are associated with energy
Carbon advisory firm Promethium Carbon aims to conduct a pilot carbon offset trade by the end of this year. This pilot trade is in preparation for a future local carbon offset trading programme, says Promethium Carbon director and carbon adviser Harmke Immink.
Aug 14, 2014
China National Petroleum Corporation (CNPC) has denied breaking environmental rules in Chad's oil sector and called on the government to cancel its $1.2-billion claim filed before an arbitration court in Paris. The dispute erupted in July last year after Chad said it...
Aug 14, 2014
Many countries in Africa remain a beacon for investment in the oil and gas industry, with around 8% of the world’s untapped proven oil reserves on the continent, said PwC Africa Oil and Gas Advisory leader Chris Bredenhann. Speaking at a South African National...
Aug 13, 2014
Anaerobic Digestion produces a renewable biogas and digestate, a soil improver that can replace traditional fertilisers
While solar and wind energy tend to attract the most attention in the renewable energy space in South Africa, developments in biogas could make it an increasingly viable option.  With the help of an international partner, South African waste management company...
Aug 13, 2014
The South African Oil and Gas Alliance on Wednesday launched its Marine Oil and Gas Academy online skills and jobs platform, which could be used by tertiary institutions and international businesses on the African continent. Delivering a keynote address at the launch...
Aug 12, 2014
Tanzania-based energy group Swala Oil & Gas has listed on the Dar es Salaam Stock Exchange (DSE), becoming the first publicly owned oil and gas company in East Africa.  The company is the twentieth to list on the DSE and the second to list under the Enterprise...
 
 
 
 
Aug 11, 2014
Chad plans to take China National Petroleum Corporation (CNPC) to an arbitration court in Paris after talks stalled over its claim for $1.2-billion from the State-owned firm in compensation for breaking environmental rules, a senior official said. The dispute erupted...
Aug 11, 2014
JSE- and NYSE-listed Camac Energy on Monday announced that its $270-million private placement with the South African Public Investment Corporation (PIC) has been completed. Last year, Camac entered into a definitive agreement with the PIC for the equity investment...
Aug 08, 2014
Murray & Roberts (M&R) subsidiary Australia-based oil and gas-focused engineering and construction company Clough has expanded its expertise in liquefied natural gas (LNG) after acquiring US-based engineering company CH-IV International for $5-million. M&R on Friday...
Aug 07, 2014
Article contains comments
An oil company owned by Israeli billionaire Dan Gertler said on Thursday it had discovered reserves of around three-billion barrels in the Democratic Republic of Congo. Oil of DRCongo said in a statement that an analysis of seismic survey data "indicates around three...
Aug 06, 2014
Article contains comments
Solaris plants
South African Airways (SAA) and US aircraft manufacturer Boeing announced on Wednesday the latest development in their partnership (launched in October last year) to establish a sustainable aviation biofuel supply chain in Southern Africa. The two groups have...
 
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