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Energy News

Petrol, diesel pump price to fall in March

By: Reuters     24th February 2017 he retail price of petrol and the wholesale price of diesel in South Africa will fall from March 1, the energy department said on Friday. The price of 95 octane petrol will fall by 8c to R13.54 a litre in the commercial hub of Gauteng province, while diesel will go down by 2c to R11.60 a litre,... 

Erin Energy CEO resigns

By: Megan van Wyngaardt     23rd February 2017 Segun Omidele has resigned as CEO of dual-listed oil and gas company Erin Energy Corporation, with immediate effect. His departure is expected in the coming weeks, during which time he will assist in the orderly transition of his duties and responsibilities to interim CEO Jean-Michel Malek, who... 

Aton share buying spree 'opportunity, not threat', says M&R’s Laas

By: Irma Venter     23rd February 2017 Murray & Roberts (M&R) CEO Henry Laas views ATM Holding’s acquisition of a 25.5% shareholding in M&R, as “an opportunity, not a threat”. “I’m pretty relaxed about what is happening.” 

Aton share buying spree 'opportunity, not threat', says M&R’s Laas
Photo by Duane Daws
Henry Laas

Shell’s Mohale steps down to pursue other opportunities

By: Megan van Wyngaardt     23rd February 2017 Shell South Africa chairperson and upstream VP Bonang Mohale will step down from his role, effective June 30, to pursue other opportunities. Mohale, who has been with Shell South Africa since 2009, will be succeeded by Hloniphizwe Mtolo, who is currently the South African business retail and the... 

Afrox weathers yet another difficult trading year

By: Megan van Wyngaardt     23rd February 2017 The benefits of its successful restructuring and the litigation settlement with ArcelorMittal South Africa (AMSA) resulted in gas company African Oxygen (Afrox) reporting a 23.2% year-on-year increase in earnings before interest, taxes, depreciation and amortisation (Ebitda) to R1.24-billion for... 

Murray & Roberts posts H1 loss

By: Anine Kilian     22nd February 2017 JSE-listed Murray & Roberts (M&R) on Wednesday reported an attributable loss of R60-million for the six months ended December 31. Revenue and profit from continuing operations were R10.7-billion and R119-million respectively for the period. 

New-look M&R to transfer listing to Diversified Industrials board from Heavy Construction

By: Terence Creamer     20th February 2017 Murray & Roberts (M&R) has confirmed that its application to transfer its listing from the ‘Construction and Materials’ sector of the JSE to the ‘General Industrials’ sector has been approved and that the change will become effective from Monday, March 20. From that date, the company will trade... 

New-look M&R to transfer listing to Diversified Industrials board from Heavy Construction
Photo by Duane Daws
CEO Henry Laas

Biogas needs favourable REIPPPP allocation for sustainable development

By: Nadine James     17th February 2017 The measureable and sustainable development of South Africa’s biogas industry requires projects, and therefore a favourable  Renewable Energy Independent Power Producer Procurement Programme (REIPPPP) allocation, to prove sufficient financial viability to financial institutions is essential.... 

Biogas needs favourable REIPPPP allocation for sustainable development
NEW HORIZONS The recently completed biogas upgrade project in Athlone

Chamber looks to strengthen partnerships in local green economy

By: Nadine James     17th February 2017 The Italian–South African Chamber of Trade and Industries’ chief aim at the 2017 Africa Energy Indaba is to raise awareness among Italian corporations regarding investment opportunities in South Africa’s green economy. Chamber secretary-general Mariagrazia Biancospino says the chamber mediated a... 

Chamber looks to strengthen partnerships in local green economy
LONG STANDING RELATIONSHIP Members of the Italian–South African Chamber of Trade and Industries have been involved in the South African energy sector since 2013

Conference hopes to catalyse African energy revolution

By: Nadine James     17th February 2017 The 2017 Africa Energy Indaba will enable African energy sector stakeholders to evaluate opportunities and the means to pursue them that could unlock the continent’s energy potential and spark something of an energy revolution, says Indaba organising company Siyenza. “The African continent has... 

Conference hopes to catalyse African energy revolution
BOOSTING ENERGY The Africa Energy Indaba brings together politicians and energy luminaries to envision and catalyse decisions that will enhance access to energy

Exponential increase in the number of power generation projects

By: Nadine James     17th February 2017 The African continent’s large energy deficit has resulted in an exponential increase in the number of power generation projects – both planned and implemented – as well as the number of stakeholders which are a consequence of renewed commercial interest in the African energy sector, says... 

Exponential increase in the number of power generation projects
TSIDISO DISENYANA Foreign investment is targeted at establishing Africa’s green economy, therefore renewables will become a driver of socioeconomic growth

Global energy council ponders gas-related realities

     17th February 2017 In recent years, the gas market has undergone several changes - the discovery of new deposits, the evolution of gas transport techniques and the new gas pipelines are all elements that deeply modify this market, notes international energy organisation World Energy Council (WEC). The council notes... 

Global energy council  ponders gas-related realities
SOUND INVESTMENT Among the fossil fuels, natural gas is the one fossil source which will continue to grow

Programme to accelerate investment implemented

     17th February 2017 The African Union’s (AU’s) planning body, the New Partnership for Africa's Development (Nepad), is undertaking an exercise that will accelerate the development and implementation of Africa’s high priority renewable energy projects and will be organising a showcase at the Africa Energy Indaba for... 

Programme to accelerate investment implemented
Photo by Duane Daws
MOMENT IN THE SUN Governments will be showcasing high priority renewable energy projects to attract private sector participation and investment

Third Women in Energy conference cohosted at Energy Indaba

     17th February 2017 The yearly Women in Energy conference, organised by the Africa Energy Indaba, will bring together Africa’s leading women in the energy sector for its third iteration on Monday, February 20 at the Sandton Convention Centre in Johannesburg. The Africa Energy Indaba was the first energy conference... 

Third Women in Energy conference cohosted at Energy Indaba
DOING IT FOR THEMSELVES The Women in Energy conference is designed to aid the increase in leadership and development of women involved in the African energy sectors

South Africa to learn from Germany’s experience in roll-out of fuel cell buses

By: Megan van Wyngaardt     16th February 2017 The Department of Trade and Industry (DTI) in partnership with the German government will host a fuel cell bus workshop at the South African Renewable Energy Technology Centre, in Bellville, Cape Town, next week. The workshop will be held under the theme ‘Fuel Cell Bus – Unleashing Industrial... 

Sasol suspends drilling in Mozambique due to tropical storm

By: Reuters     15th February 2017 South African petrochemical group Sasol has temporarily suspended drilling activity in Mozambique due to tropical storm Dineo, its spokesperson said on Wednesday. Dineo is expected to develop into a category one cyclone and hit the southern coast of Mozambique later in the day. 

IEA says record Opec cut compliance helps oil market rebalance

By: Reuters     10th February 2017 Global oil output plunged in January as Opec and non-Opec producers curbed supply to accelerate a market rebalancing following one of the largest oil gluts in a generation, the International Energy Agency said on Friday. Oil supplies fell by around 1.5-million barrels per day last month,... 

Company expects increased product demand in 2017

By: Kimberley Smuts     10th February 2017 South African bearings and power transmission products distributor Bearings International (BI) predicts another successful year for the Rocol range of products, as a result of increased interest in the lubricant Rocol Reaming, Tapping, Drilling (RTD) range for reaming, tapping and drilling... 

First organic coolant in the lubrications market

By: Kimberley Smuts     10th February 2017 The correct coolant chemistry is vital in maintaining the longevity of engines, says diesel engine and technology specialist Cummins Filtration technical services support lead - Africa Tim Hayward, explaining that coolants increase the lifespan of engines by removing compounds that are difficult... 

Lubricants company retains top spot for tenth year

     10th February 2017 Lubricants supplier Shell Lubricants was being named the number one global lubricants supplier at the end of last year following its retention of an 11.6% market share as indicated in business process management consultant Kline & Company’s ‘Global Lubricants Industry: Market Analysis and... 

Oil enthusiasts sponsor 2017 Great Race

     10th February 2017 In December lubricants specialist Champion Oil announced its sponsorship of the July 2017 Great Race where the overall winner will receive $50 000 in prize money with an additional $1 000 in racing oil. The Great Race is the world's premiere old car rally that has been ongoing for 34 years. It is... 

Structured maintenance programme emphasised

By: Kimberley Smuts     10th February 2017 Introducing a structured maintenance management programme that ensures ongoing effective lubrication is critical in maximising production efficiencies, says technical solutions provider Bearing Man Group (BMG). BMG fluid technology manager Wayne Holton says the company’s efficiency drive, which... 

Tullow falls to third annual loss on more exploration write-offs

By: Reuters     8th February 2017 Tullow Oil missed forecasts to fall to a third consecutive annual loss on Wednesday as it wrote off more of its Africa-focused exploration business, sending its shares lower. Tullow, whose founder and long-serving CE Aidan Heavey will hand over to COO Paul McDade in April, was hit hard by the... 

Agreement significant in phasing down ozone depleting substances

     3rd February 2017 Specialty chemicals and gas company A-Gas South Africa (SA) has hailed the signing of the Kigali Amendment on October 15, 2016 as an “historic international agreement” for the phasedown of commonly used, high global warming potential (GWP) refrigerants. 

Company celebrates success in gas markets

     3rd February 2017 Engineering, procurement and construction management (EPCM) services company Fluor Igoda Projects is celebrating ten successful years of undertaking capital projects in the oil, gas and chemicals markets in South Africa. 

Company celebrates success in gas markets
RISHAD KHAN Fluor Igoda Projects has long-standing relationships with many refineries and has also developed a solid platform to support the bulk fuels storage and logistics network

Concern regarding standard disposable cylinders

By: Simone Liedtke     3rd February 2017 Speciality chemicals and gas supplier A-Gas highlights its concern regarding disposable cylinders being used as packaging to import hydrochlorofluorocarbons (HCFCs), hydrofluorocarbons (HFCs), and in some cases, flammable hydrocarbons (HCs), into South Africa. 

Concern regarding standard disposable cylinders
CYLINDER LEGALITIES Chris Phillips explains that there are currently no legalities around the banning of disposable cylinders, however A-Gas continues to lobby the DEA on this topic

Diversified fuel source required to fuel local facilities

By: Simone Liedtke     3rd February 2017 South Africa requires a diversified fuel source for power generation, and natural gas is an ideal fuel, as several facilities in the country are compatible with natural gas to fuel power plants, and the resulting infrastructure will benefit other industries and end-users, says engineering... 

Diversified fuel source  required to fuel local facilities
Photo by Bloomberg
GAS-TO-POWER PROGRAMME The Department of Energy’s GPP will facilitate the construction of the base infrastructure to distribute gas to different sectors and industries

Expo and conference to focus on major industry trends

     3rd February 2017 In line with significant changes in the power and energy landscapes in Africa, this year’s African Utility Week (AUW) conference and expo will focus on the latest challenges, developments and opportunities in the power and water sectors. “The availability of private investment for power and... 

Expo and conference  to focus on major  industry trends
SOURCING SOLUTIONS The African Utility week conference and expo will gather over 7000 decision-makers from more than 40 countries

Gas practitioners to adhere to DoL regulations

By: Simone Liedtke     3rd February 2017 The South African Qualification and Certification Committee (SAQCC) for Gas urges all gas manufacturers and installers to adhere to the gas regulations set up by the Department of Labour (DoL) to ensure that fatalities are minimised. 

Importance of gas in global energy arena set to increase

By: Simone Liedtke     3rd February 2017 In the medium term, the importance of gas in the global energy mix is set to increase, owing to the growth in global liquefied natural gas (LNG) supply and a more flexible global market, says advisory firm KPMG energy economist Dr Requier Wait. 

Importance of gas in global energy arena set to increase
REQUIER WAIT Gas power plants can be more flexible than coal power plants, allowing for the support of intermittent renewable-energy sources

LPG to impact on power demand positively

By: Simone Liedtke     3rd February 2017 If households were to use liquefied petroleum gas (LPG), this would have a positive impact on electricity demand during peak times, Liquefied Petroleum Gas Safety Association of Southern Africa (LPGSASA) CEO Kevin Robertson says. 

LPG to impact on power demand positively
LP GAS AND CHEFS Chefs around the world cook on LP Gas because it is highly efficient, versatile and safe

Plan to phase out ozone depleting substance

By: Simone Liedtke     3rd February 2017 Owing to chlorofluorocarbons (CFCs) and hydro chlorofluorocarbons (HCFCs) containing substances that are harmful to the ozone layer, South Africa is set to adopt its HCFC phase-out plan in a Government Gazette dated May 8, 2014, says the Southern African Refrigeration and Air Conditioning... 

Plan to phase out ozone  depleting substance
GAS IN REFRIGERANTS Hydro-fluorocarbons (HFCs) have been used as replacements in refrigeration and air-conditioning equipment

Resources demand exceeds global expectations

     3rd February 2017 African growth is currently exceeding global expectations, and with this comes an increase in demand for products, fuels and resources, says Southern Africa Compressed Gases Association (SACGA). 

Technology and environmental issues favouring LNG

By: Simone Liedtke     3rd February 2017 With preferred bidders for the gas-to-power projects scheduled to be announced by government at the end of next month, the Southern African Gas Association (Saga) believes that there is a sense of urgency and willingness to adapt to using liquefied natural gas (LNG). 

UK outlines 'modern industrial strategy' vision

By: Keith Campbell     3rd February 2017 On January 23, British Prime Minister Theresa May formally unveiled what is officially described as “proposals for a modern Industrial Strategy”. That same day her administration published a 132-page Green Paper entitled “Building Our Industrial Strategy”. (Green Papers are effectively the same... 

PetroSA reports two fatalities at Mossel Bay GTL refinery

By: Creamer Media Reporter      1st February 2017 State-owned PetroSA on Wednesday said two employees had been killed in an incident at its Mossel Bay gas-to-liquids (GTL) refinery on Tuesday. The employees, one a mechanical fitter and the other an operator, were working on a vessel when they lost consciousness. 

New Nersa chief insists regulator will not act illegally when determining 2017 power tariffs

By: Terence Creamer     31st January 2017 Newly appointed National Energy Regulator of South Africa (Nersa) CEO Christopher Forlee insists that the Energy Regulator will not take any “illegal” decisions when making a determination in February about the trajectory of Eskom’s 2017 tariffs. Instead, any decision will seek to navigate the... 

New Nersa chief insists regulator will not act illegally when determining 2017 power tariffs
Photo by Duane Daws
Nersa CEO Christopher Forlee
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