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Energy News

Fuel prices to fall in March on stronger rand

By: Reuters     2nd March 2018 The retail price of petrol and the wholesale price of diesel in South Africa will fall on Wednesday after the rand strengthened, the energy department said on Friday. The price of petrol will fall by 36 cents to 13.76 rand per litre in commercial hub Gauteng province. Diesel will go down by 47... 

SA company exploring nuclear, other opportunities abroad

By: Nadine James     2nd March 2018 South Africa-based engineering, procurement and construction (EPC) company Lesedi Nuclear Services’ current plans surrounding diversification into biomass, waste-to-energy and gas projects as well as its targeted geographical expansion is supported by the company’s niche expertise in bespoke... 

M&R’s oil and gas unit turns to ‘complementary markets’ amid project slowdown

By: Terence Creamer     1st March 2018 The oil and gas unit of engineering and construction group Murray & Roberts (M&R) is actively pursuing projects in “complementary markets”, owing to a slowdown in new project activity in the Australasian oil and gas sector. The value of M&R’s oil and gas order book has fallen to below R4-billion,... 

M&R’s oil and gas unit turns to ‘complementary markets’ amid project slowdown
M&R CEO Henry Laas

South Sudan accuses oil group of pollution, threatens shutdown

By: Reuters     1st March 2018 South Sudanese lawmakers have accused the consortium running the country's last working oilfields of dumping expired chemicals in the bush, and have threatened to shut down production unless it stops. Members of parliament's energy committee told the assembly they had seen containers holding old... 

Underground mining lifts M&R in challenging market

By: Terence Creamer     28th February 2018 Engineering and construction group Murray & Roberts (M&R) reported a strong rise in results for the six months to December 31 on the back of a robust performance from its underground mining unit, as well as reduced Middle Eastern losses. In addition, the results were buoyed by the fact that a... 

Underground mining lifts M&R in challenging market
Photo by Duane Daws
M&R CEO Henry Laas

African refiners conference to be held in March

By: Anine Kilian     28th February 2018 Major changes and hard decisions facing the downstream oil industry in Africa are high on the agenda of the African Refiners and Distributors Association (ARA), which will hold its thirteenth yearly conference, in Cape Town, from March 12 to 16. Amid oil companies’ divestment of assets and the... 

Editorial: Burning issues for Energy Minister Radebe 

By: Terence Creamer     28th February 2018 Creamer Media's Chanel de Bruyn speaks to Engineering News Editor Terence Creamer about what Jeff Radebe’s appointment as South Africa’s new Energy Minister is likely to mean for the energy sector, as well as the immediate issues the Minister needs to deal with. 

Editorial: Burning issues for Energy Minister Radebe
The burning issues facing new Energy Minister Jeff Radebe

Total targets final decisions on Myanmar, Côte d'Ivoire LNG projects this year

By: Reuters     28th February 2018 France's Total expects to take a final investment decision (FID) on liquefied natural gas (LNG) import projects in Myanmar and Côte d'Ivoire this year as part of the oil major's expansion into emerging markets, an executive said on Wednesday. Jean-Pierre Mateille, vice president of trading at... 

Angola oil production declines slightly in 2017, profits rise

By: Reuters     28th February 2018 Oil production for Angola, Africa's No. 2 crude producer, averaged 1.632-million barrels per day in 2017, down from 1.72-million barrels the previous year, the chairman of the state-run oil company Sonangol said on Wednesday. Angola has been grappling with the effects of generally depressed oil... 

Global airline body sets new target for use of sustainable aviation fuels

By: Rebecca Campbell     27th February 2018 The International Air Transport Association (Iata), the representative body for the global airline industry, has announced a target of having one-billion passengers fly in aircraft powered by a mixture of jet fuel and sustainable aviation fuel by 2025 – seven years from now. This objective was... 

Global airline body sets new target for use of sustainable aviation fuels
Photo by Duane Daws/Creamer Media
The global airline industry has committed itself to greatly increasing its use of sustainable aviation fuels

Sasol expects to realise $1bn from noncore asset disposals 

By: Terence Creamer     26th February 2018 Chemicals and energy group Sasol expects to realise more than $1-billion from the disposal of noncore assets in the coming few years. However, besides its Canadian shale-gas assets, which have been formally put up for sale, the group is yet to announce which other assets will be sold. Speaking at... 

Sasol expects to realise $1bn from noncore asset disposals
Sasol joint CEO Stephen Cornell on the group's noncore asset disposal plan. Camera Work & Editing: Nicholas Boyd. Recorded: 26.2.2018

Fuel price to drop in March – AA

By: News24Wire      26th February 2018 Fuel prices are set to drop in March as South Africans benefit from a stable exchange rate and lower international fuel prices, reports the Automobile Association (AA), which was commenting on unaudited month-end fuel data released by the Central Energy Fund. The AA says: "The Rand was trading at... 

Fuel price to drop in March – AA

Libya's NOC declares force majeure on 70 000 bbl/d El Feel oilfield

By: Reuters     26th February 2018 Libya's National Oil Corporation (NOC) said on Saturday it had declared force majeure on the 70 000 bbl/d El Feel oilfield after a protest by guards closed the field. El Feel was shut after guards withdrew from the field to push demands over pay and other benefits earlier this week. 

Engie acquires Southern African HVAC companies

23rd February 2018 Multinational electric utility company Engie has acquired air conditioning company Thermaire Investments as well as its sister company heating, ventilation and air-conditioning (HVAC) products and services provider Ampair. This is a major step for Engie in developing its energy services in... 

Engie acquires Southern African HVAC companies
DOING BUSINESS Engie is embarking on an acquisition strategy to grow its presence in the African market

Afrox rises above weak environment, achieves strong FY17 results

By: Megan van Wyngaardt     22nd February 2018 JSE-listed African Oxygen (Afrox) on Thursday reported yet another year of strong results, with revenue for the 12 months to December 31 up 6% to R5.69-billion. Headline earnings a share rose by 32.3% year-on-year to 201c and basic earnings a share by 30.7% to 203.6c. 

Afrox rises above weak environment, achieves strong FY17 results
Photo by Duane Daws
Afrox CEO Schalk Venter

SNC-Lavalin awarded Engen refinery shutdown contract

By: Schalk Burger     21st February 2018 SNC-Lavalin has been awarded a $12.4-million contract for the February 2018 refinery turnaround at the Engen crude refinery, in Durban, for Engen Petroleum. The scope of work on this project involves the planning, preparation and execution of all mechanical activities on the North Complex and... 

Nigerian State oil firm spent $5.8bn on fuel imports since late 2017

By: Reuters     21st February 2018 Nigeria's State oil firm said on Tuesday it had spent $5.8-billion on fuel imports since late 2017, as it combats a fuel shortage that has left people queuing for hours at filling stations and hobbled an already-struggling economy. "The corporation's intervention became necessary following the... 

Congo seeks relief talks with oil traders over $2bn debt

By: Reuters     20th February 2018 Congo Republic is set to become the latest African country to start debt relief talks with trading houses after borrowing $2-billion from merchants such as Trafigura and Glencore but now finding its debt levels unsustainable, sources familiar with the matter said. Trading houses regularly lend... 

SNC-Lavalin secures 4yr maintenance contract with Shell South Africa

By: Schalk Burger     20th February 2018 SNC-Lavalin has been awarded a four-year maintenance service and support contract for ten fuel storage facilities for oil multinational Shell Downstream South Africa. The scope of work includes mechanical, electrical, instrumentation and piping maintenance related services for ten Shell terminal... 

Public-private partnerships key for gas infrastructure development in SADC region

By: Anine Kilian     19th February 2018 Public-private partnerships are key to developing gas supply projects in the Southern African Development Community (SADC), Nepad Business Foundation (NBF) Africa infrastructure programme manager Peter Varndell said on Monday. Speaking at the Africa Gas Forum, in Johannesburg, he said there was... 

Africa not making the most of its gas reserves

By: Anine Kilian     19th February 2018 Only 8% to 10% of Africa’s known gas reserves are being priortised, despite the fact that gas reserves on the continent are abundant, Catalyst Capital managing partner Adero Okudo said on Monday. Speaking at the Africa Gas Forum, in Johannesburg, she said there were only two crossborder pipelines... 

Africa needs to develop its gas infrastructure

By: Anine Kilian     19th February 2018 Africa has a significant and growing gas resource, but gas capability on the continent is disappointingly low, says Quantum Power founding partner Dr Louis van Pletsen. He told delegates attending the Africa Gas Forum, in Johannesburg, on Monday, that, although there were large hydro and... 

Innovation and blockchain tech high on agenda at energy event

16th February 2018 Leading figures within the African energy scene will convene at the tenth Africa Energy Indaba (AEI), including at the World Energy Council's (WEC’s) annual Africa meeting, to discuss the importance of innovation and regional integration at a time when the energy sector is undergoing a major... 

Innovation and blockchain tech high on agenda  at energy event
Photo by Duane Daws
CHRISTOPH FREI Achieving a robust energy future in a context of the triple transition requires different approaches guided by innovative policies

Event to add value to African energy sector

By: Simone Liedtke     16th February 2018 To bolster the socioeconomic development of the African energy sector, Africa Energy Indaba (AEI) chairperson Brian Statham says thinking within the sector needs to be expanded. 

Event to add value to African energy sector
BRIAN STATHAM Diversity energy sources provide an opportunity to interconnect energy systems

Company first-time exhibitor at event

By: Simone Liedtke     16th February 2018 South African electrical engineering company Power Plant Electrical Technologies (PPE Technologies) will exhibit at the African Energy Indaba (AEI) for the first time this year. 

Company first-time exhibitor at event
POSITIVE GROWTH TRAJECTORY Creating awareness of companies’ capabilities will lead to positive results in trade growth

Conference to foster entrepreneurial opportunities for women

By: Simone Liedtke     16th February 2018 To assist women in being successful renewable-energy entrepreneurs, the African Energy Sector: Scope and Opportunity discussion topic at this year’s Women in Energy Conference will focus on the entrepreneurial opportunities in the energy sector and how women can maximise their participation. 

Conference to foster  entrepreneurial opportunities for women
NELISIWE MAGUBANE The conference will also provide insights and opportunities for career development and entrepreneurship for women who want to participate in the energy sector

Materials supplier company secures contract

By: Marleny Arnoldi     16th February 2018 Construction materials company Afrimat has been awarded a contract to supply building material to the Mozambique liquefied natural gas fields, which will be developed by oil and gas exploration company Anadarko Petroleum Corporation, on the northern border of the country.  

Materials supplier company secures contract
BUILDING NEEDS Afrimat will supply materials – aggregates, ready-mix concrete, bricks and blocks – for the resettlement village at a gasfields development project in Mozambique

Nuclear energy future imminent, despite delays in updated IRP

By: Simone Liedtke     16th February 2018 South Africa-based engineering, procurement and construction (EPC) company Lesedi Nuclear Services (Lesedi) business development executive Shane Pereira believes that there is a future for nuclear power globally, although it is being hindered locally by the delay in passing the updated Integrated... 

Nuclear energy future  imminent, despite  delays in updated IRP
SHANE PEREIRA South Africa has a strong nuclear industry

Framework continues to form sector foundation

By: Simone Liedtke     16th February 2018 The economic opportunity represented by the continent’s need for energy makes the African energy industry an attractive prospect for foreign investment, says law firm Norton Rose Fulbright director Lizel Oberholzer. 

Framework continues to form sector foundation
LIZEL OBERHOLZER There is an ever-increasing opportunity for private sector renewable and alternative energy projects to support energy supply

Robust energy base key to industrialisation

By: Simone Liedtke     16th February 2018 Public-private partnership South African Electrotechnical Export Council (SAEEC) CEO Chiboni Evans states that Africa's industrialisation can occur only if countries have a robust energy base. 

Robust energy base key to industrialisation
CHIBONI EVANS The South African government strongly supports the industrialisation of the African continent

VEHS presents opportunity to change energy landscape

By: Simone Liedtke     12th February 2018 With South Africa's electricity largely still generated from fossil fuels and the lengthy processes involved in commissioning renewable-energy, civil engineering company Epitome Consulting GM Clement Mokoenene says transferring high volumes of traffic energy into electricity could significantly... 

VEHS presents opportunity to change energy landscape
Epitome Consulting GM Clement Mokoenene

Lubricants company creates specialist division to drive localisation

By: Marleny Arnoldi     9th February 2018 Lubricants specialist FUCHS Lubricants South Africa (FUCHS) and its parent company FUCHS Petrolub SE, based in Germany, have created a Lubritech division to drive a specialisation and localisation agenda.  

Lubricants company creates specialist  division to drive localisation
Photo by Duane Daws
PLANT FOR PURPOSE Before food-grade lubrication can be manufactured, it needs certain certifications, including Kosher, Halaal and ISO 21469 certification

Political shifts lift investor mood in Southern African mining

By: Reuters     8th February 2018 Mining is a long-term game, but in Southern Africa dramatic political changes have transformed the investment mood for the better in the space of a year. Angola's Jose Eduardo dos Santos and Zimbabwe's Robert Mugabe stepped down in 2017 after a combined 75 years in office, while the election of... 

Tribunal to consider Sinopec's $900m deal to acquire 75% of Chevron South Africa

By: Simone Liedtke     7th February 2018 The Competition Tribunal will, on Thursday, consider the proposed $900-million buyout by China Petroleum and Chemical Corporation (Sinopec) subsidiary SOIHL HK of a 75% interest in Chevron South Africa (CSA). Sinopec is a significant Chinese manufacturer and supplier of petroleum and... 

Sasol successfully commissions Phase 2 of wax expansion plant

By: Simone Liedtke     6th February 2018 Phase 2 of petrochemicals company Sasol’s Fischer-Tropsch Wax Expansion Plant (FTWEP) has successfully been commissioned at its Sasolburg operation. Valued at R13.6-billion, the plant has successfully started in its entirety and has been running stably for six months. 

Sasol successfully commissions Phase 2 of wax expansion plant

Total sells 25% stake in South African offshore prospect to Qatar Petroleum

By: Creamer Media Reporter      5th February 2018 International energy group Total announced on Monday that it would sell, subject to regulatory approval, a 25% interest in Exploration Block 11B/12B, offshore South Africa, to Qatar Petroleum. The block is located in the Outeniqua basin, around 175 km off the southern coast of South Africa. It... 

Total sells 25% stake in South African offshore prospect to Qatar Petroleum

Petrol, diesel prices drop for February

By: African News Agency      5th February 2018 The price of all grades of petrol will drop by 30c/l with effect from midnight on Tuesday. Diesel (0.05 percent sulphur) will drop by 17c/l, as will diesel (0.005 percent sulphur), the energy department said in a statement on Sunday. 

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