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Energy News

Kibo completes acquisition of 60% interest in MED

By: Tasneem Bulbulia     9th October 2018 Africa-focused energy company Kibo Energy has completed the acquisition of a 60% equity interest in Mast Energy Developments (MED), a private UK registered company targeting the development and operation of flexible power plants to service the reserve power generation market. MED’s business... 

Mozambique signs oil exploration agreements with Exxon, Rosneft

By: Reuters     9th October 2018 The Mozambican government said on Monday it had signed oil exploration agreements with US energy firm Exxon Mobil and Russia's Rosneft. Mozambique's National Petroleum Institute, an energy regulator in the southern African country, said the government was preparing to sign similar agreements with... 

Technology cost assumptions used to produce IRP explained 

By: Terence Creamer     9th October 2018 An experienced electricity system modeller has corrected a suggestion that the draft 2018 Integrated Resource Plan (IRP 2018) uses levelised cost assumptions for the various generation technologies tested, explaining that overnight capital cost assumptions for each technology are key inputs. The... 

Technology cost assumptions used to produce IRP explained

Bladon’s new microturbine genset to power up telecoms towers

By: Natasha Odendaal     9th October 2018 UK-based engineering pioneer Bladon Micro Turbine has launched its first commercial product, the Bladon MTG12 – a 12 kW (15 kVA) microturbine generator set (genset) dedicated to powering global telecoms towers. The microturbine genset manufacturer aims to dominate the telecoms tower market where... 

Global growth at risk from $100 oil next year, BofAML says

By: Bloomberg     9th October 2018 If oil prices head above $100 a barrel, it could shave 0.2 percentage points from global economic growth next year -- but this hinges crucially on the dollar, according to Bank of America Merrill Lynch. Sanctions on Iran, shale bottlenecks, Venezuelan turmoil and increased demand pose an upside... 

EDF, GIBB form GIBB Power partnership

By: Tasneem Bulbulia     8th October 2018 Through a new partnership between EDF and GIBB, finalised last week, GIBB Power aims to become a reference-engineering platform, specialising in supporting energy projects and offering solutions to overcome the challenges of Africa’s energy transition. GIBB Power is owned 70% by GIBB and 30% by... 

Climate crisis spurs UN call for $2.4tn fossil fuel shift  

By: Bloomberg     8th October 2018 The world must invest $2.4-trillion in clean energy every year through 2035 and cut the use of coal-fired power to almost nothing by 2050 to avoid catastrophic damage from climate change, according to scientists convened by the United Nations. Their report published Monday adds pressure on... 

Petrochemicals becoming largest driver of global oil demand – IEA

By: Simone Liedtke     5th October 2018 Petrochemicals are becoming the largest drivers of global oil demand, ahead of cars, planes and trucks, a study undertaken by the International Energy Agency (IEA) has revealed. Petrochemicals, which are components derived from oil and gas that are used in all sorts of daily products such as... 

Fresh blow for emerging markets as rising oil hits importers

By: Bloomberg     4th October 2018 For years, higher oil prices have stoked gains in emerging-market currencies. But now, Brent crude’s rally to a four-year high is beginning to hurt them. Crude-oil futures rose above $85 a barrel this week for the first time since 2014 as concern about shrinking Iranian exports outweighed higher... 

Tullow Oil optimistic about prospects in Africa

By: Kim Cloete     2nd October 2018 Oil and gas exploration and production company Tullow Oil has outlined its sharper and deeper focus on Africa, with upbeat outlooks for its projects in both West and East Africa.   Despite a shift to cleaner energy and alternative energy sources, Tullow Oil also believes there will be strong... 

Mini-refineries race billionaire to fix Nigerian fuel crisis

By: Bloomberg     2nd October 2018 In the race to solve a fuel-import crisis in Nigeria, Africa’s richest person faces competition from a swarm of tiny challengers. Billionaire Aliko Dangote is building a 650 000 barrel-a-day refinery in Nigeria that will help cut the nation’s $7-billion annual fuel-import bill. Such is the... 

PetroSA says it is committed to ethical leadership

By: Kim Cloete     1st October 2018 PetroSA has told international and local players in the energy space that it is committed to ethical leadership and prudent business management. “What has become pronounced is the issue of ethics in State-owned entities (SoE) and more broadly in government and elsewhere. National oil companies... 

Govt to finalise biofuels regulatory framework by March 2019

By: Kim Cloete     1st October 2018 The government plans to finalise the long-awaited biofuel blending regulatory framework and have it approved by Cabinet before the end of March 2019, while the Department of Energy (DoE) is also focusing sharply on the development of gas-to-power opportunities. This was revealed in a speech read... 

Niasa to hold deliberations on the draft IRP2018

By: Simone Liedtke     1st October 2018 The Nuclear Industry Association of South Africa (Niasa) will, on Wednesday, host a workshop to deliberate its response to the new Integrated Resource Plan 2018 (IRP2018). The workshop, which will be held at the Wits Club at the University of the Witwatersrand, in Braamfontein, aims to bring... 

Bokamoso Ba Rona Initiative seeks programme manager

By: Tasneem Bulbulia     1st October 2018 Precious metals miner Sibanye-Stillwater, the West Rand Development Agency, the Gauteng Infrastructure Financing Agency and the Far West Rand Dolomitic Water Association (FWRDWA) have issued a request for qualification (RfQ) for a suitability qualified programme manager for the multistakeholder... 

Davies to follow up on Saudi Arabia’s $10bn investment pledge

By: Simone Liedtke     1st October 2018 Trade and Industry Minister Dr Rob Davies will, this week, co-chair the eighth session of the South Africa-Saudi Arabia Joint Economic Commission (JEC), in Saudi Arabia, while simultaneously following up on Saudi Arabia’s $10-billion investment pledge to South Africa. This session of the JEC will... 

September fuel freeze not repeated in October as prices surge 

By: Terence Creamer     1st October 2018 Energy Minister Jeff Radebe has resisted the temptation of again intervening to freeze fuel-price increases, confirming on Monday that the price of petrol and diesel will surge sharply at midnight on October 3. With both the rand/dollar exchange rate and oil prices moving against South Africa... 

September fuel freeze not repeated in October as prices surge

Glencore backs $1bn acquisition of Chevron South Africa by black-owned consortium

By: Terence Creamer     28th September 2018 Black economic empowerment (BEE) consortium Off The Shelf Investments (OTS) confirmed on Friday that it had acquired Chevron South Africa (CSA) in a deal valued at $1-billion and financed by its technical and financial adviser, Glencore. CSA, which owns the Chevron refinery in Cape Town and the... 

Glencore backs $1bn acquisition of Chevron South Africa by black-owned consortium
The Chevron refinery in Cape Town

Behavioural change a hurdle across industries

By: Jessica Oosthuizen     28th September 2018 A change of attitude towards waste management and recycling is needed to effect a real and positive cultural shift in the sector, but cooperation and willingness to change behaviours is a significant obstacle, says waste management company Interwaste business development and marketing director... 

Behavioural change  a hurdle across industries
RECYCLE, REUSE, REPURPOSE Waste management companies play an important role in providing alternative channels of waste disposal to assist in encouraging citizens to adopt a recycling culture

Company minimising height-access difficulties

By: Thabi Madiba     28th September 2018 Rope access specialist RopeCrew Industrial Abseiling has positioned itself as a viable alternative for those wanting to opt to use rope access as a viable method of accessing areas at height, instead of scaffolding, which is limited and costly. RopeCrew MD Gerrie du Plessis states that rope... 

Efora Energy seeks strategic partner to jointly own, operate Lagia oilfield in Egypt

By: Marleny Arnoldi     27th September 2018 JSE-listed Efora Energy has decided it is best to seek a strategic partner to accelerate the development of its Lagia oilfield, in Egypt, following a strategic review of the project. The company will also consider reducing its interest in Lagia, as part of a partnership agreement.  

Solidarity says Sasol’s Khanyisa in breach of Mining Charter 3

By: Marleny Arnoldi     27th September 2018 Trade union Solidarity is of the view that petrochemicals giant Sasol now finds itself on the wrong side of Mining Charter 3, which was gazetted this week. According to the charter, employees must share in company shareholding and all employees must benefit from employee share ownership plans.... 

Solidarity says Sasol’s Khanyisa in breach of Mining Charter 3

Polish miner JSW to work with Sasol on new plant

By: Reuters     27th September 2018 Poland's JSW, the European Union's biggest coking coal producer, said on Thursday it will cooperate with South African petrochemicals group Sasol on a project to launch a synthetic fuel plant in Poland. "Poland is an ideal place for launching a coal to fuel plant. We have valuable coal deposits... 

ABB digital technology to help enhance Egypt’s power grid

By: Simone Liedtke     26th September 2018 Multinational automation company ABB has been selected by the Egyptian Electricity Transmission Company (EETC) to help upgrade and digitalise the electrical grid in the Port Said region, located along Egypt’s Mediterranean coast. The area includes the landmark Suez Canal. 

Opec will balance oil markets, but spare capacity limited – Nigerian official

By: Reuters     26th September 2018 The Organization of the Petroleum Exporting Countries (Opec) will act to balance the market after oil prices hit their highest in four years, but its options may be limited by available spare capacity, a Nigerian oil industry official said on Wednesday. "It's obvious that if you have high prices... 

Link Solar launches portable solar panels suitable for outdoor, marine use

By: Simone Liedtke     26th September 2018 There is a lack of portable solar panels in the market, says specialised solar product manufacturer Link Solar, which has released of its own portable solar panel range for outdoor use and marine grade level use. These solar panels, the company explained, are specifically created to serve as an... 

Tullow Oil abandons first Namibian well, keeps options open

By: Reuters     25th September 2018 Africa-focused Tullow Oil will abandon its first well in Namibia, but data gathered in the project indicated it might strike lucky in another attempt, it said on Monday. "The Cormorant-1 exploration well in the PEL-37 licence, offshore Namibia, encountered non-commercial hydrocarbons and the well... 

Global Energy Talent Index 2019 survey closes soon

20th September 2018 The third annual Global Energy Talent Index (GETI) survey is underway and open for responses. The survey is an industry-leading workforce project led by top energy recruitment firm, Airswift, and Energy Jobline, the world’s largest energy job site. The survey results will explore the opinions of... 

Sasol, Solidarity unable to reach agreement

By: Schalk Burger     19th September 2018 Trade union Solidarity and petrochemicals major Sasol were unable to reach an agreement during talks at the Commission for Conciliation, Mediation and Arbitration (CCMA) on Wednesday. Solidarity CE Dr Dirk Hermann said the mediation was deferred to get more clarity on the final Mining Charter’s... 

Engen operations in nine African countries transfer to Vivo Energy in March 2019

By: Marleny Arnoldi     18th September 2018 Oil company Engen Holdings’ operations in nine sub-Saharan African countries will be transferred to JSE-listed downstream petroleum company Vivo Energy on March 1, 2019. The $203.9-million transaction will see Vivo’s retail service station network expand from 15 to 23 countries in Africa,... 

Engen operations in nine African countries transfer to Vivo Energy in March 2019

Italy judge set to give first ruling in Nigeria oil graft case

By: Reuters     18th September 2018 Oil majors Shell and Eni will be carefully monitoring a first ruling this week by a Milan judge in one of the energy industry's biggest corruption scandals for clues to what might be round the corner for them. The two companies are embroiled in a long-running graft case revolving around the... 

World’s first hydrogen fuel cell train enters commercial service

By: Simone Liedtke     17th September 2018 The world’s first hydrogen fuel cell train, the Coradia iLint, made its debut this past weekend. The train is equipped with fuel cells that convert hydrogen and oxygen into electricity, thereby eliminating pollutant emissions related to propulsion. 

World’s first hydrogen fuel cell train enters commercial service

Perdekraal East wind farm preparing for construction activity to start

By: Simone Liedtke     17th September 2018 The Perdekraal East wind farm, which is situated within the Witzenberg local municipality, in the Western Cape, is preparing for the start of major construction activity. Once complete, the 110 MW Perdekraal wind farm, which spans 3 055 ha, will comprise 48, 115-m-high wind turbines. 

Perdekraal East wind farm preparing for construction activity to start

Egypt signs oil, gas exploration deal with Shell, Petronas worth about $1bn – statement 

By: Reuters     17th September 2018 Egypt has signed a deep-water oil and gas exploration deal with Royal Dutch Shell and Malaysia's Petronas worth around $1-billion for 8 wells in the country's West Nile Delta, the petroleum ministry said on Saturday. The country also signed a second $10-million deal with Rockhopper, Kuwait Energy... 

South Africa’s nuclear industry disappointed with the new IRP

By: Rebecca Campbell     14th September 2018 The Nuclear Industry Association of South Africa is not happy at the exclusion of further nuclear power (over and above that already provided by the existing Koeberg nuclear power plant) from the Government’s recently released Integrated Resource Plan (IRP) 2018-2030. Although he described the... 

In situ measurement of hydrogen made possible

14th September 2018 The reliable in situ measurement of hydrogen in multiple gas process streams is something that refinery and petrochemical plant process control engineers would like to have been able to do previously, but have never had the capability to, until this year. In a global first, Norwegian laser-based... 

In situ measurement of  hydrogen made possible
HYDROGEN ANALYSER Neo Monitors has developed a method of measuring hydrogen in situ – the LaserGas II SP H2

Tribunal approves OTS’s acquisition of controlling share of Chevron South Africa

By: Simone Liedtke     13th September 2018 The Competition Tribunal on Thursday approved, with conditions, the proposed merger between Off The Shelf Investments 56 (OTS) and Chevron South Africa (CSA). The approval follows after the tribunal heard the second bid to acquire the controlling 75% stake in CSA and after receiving a minor... 

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