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Low crude oil production means Nigeria is barely able to cover the cost of imported petrol from its oil and gas revenues, Finance Minister Zainab Ahmed told Reuters on Thursday. Ahmed added in an...
Local black women-owned and managed petrochemicals company Wasaa has completed the acquisition and handover of the East London liquid fuel import terminal from energy multinational BP Southern...
Liquefied petroleum gas (LPG) terminal operator Sunrise Energy has revealed its latest data on LPG imported through its independent terminal at Saldanha Bay in the Western Cape. Sunrise operates...
As rising fuel costs continue to hit the South African economy, the African National Congress was contemplating pushing for an increase in oil and gas exploration, setting itself up for a fight...
State-owned Transnet says it is increasing the supply of jet fuel through the National Multi-Product Pipeline from Durban inland, while repairs to the railway line that is also used to transport...
South Africa must accelerate plans to generate more electricity itself, buy more energy from private producers and make it easier for power-hungry mining companies to build their own plants,...
The South African Industry Adaption (SAIA) project was launched last month to accelerate South African industry’s energy and water transition to a decarbonised, green and inclusive economy, as well...
Industrial boiler manufacturer Steam Generation has successfully completed two projects in Africa that highlight its ability to improve energy efficiency and management for clients. “We...
Cabinet has approved a new liquefied petroleum gas (LPG) rollout strategy for implementation. The strategy, which was published for public consultation in March, seeks to expand the domestic...
Environmental justice groups groundWork and the South Durban Community Environmental Alliance (SDCEA) have filed an application in the Pretoria High Court to challenge the environmental...
JSE-listed Renergen reported on May 3 that it was making “strong” progress in terms of the commissioning of Phase 1 of the Virginia gas project, which comprises exploration and production rights of...
The price of both grades of petrol will decrease by 12c/ℓ on May 4, while 0.05% sulphur diesel will increase by 98 c/ℓ and 0.005% sulphur diesel will increase by 92c/ℓ. Illuminating paraffin will...
Petroleum producer bp Southern Africa (bpSA), through its ongoing partnership with the Solidarity Fund, is donating R8-million to help support relief efforts in KwaZulu-Natal, following severe and...
After extensive engagement with shareholder activism organisations Just Share and Aeon Investment Management, financial services firm Standard Bank has agreed to the wording of a...
Oil, gas and renewables multinational TotalEnergies subsidiary TotalEnergies Exploration & Production South Africa (Teepsa) has committed to extensive engagement with key stakeholders as part of...
Downstream liquefied natural gas (LNG) distributors and infrastructure developers lie in wait for the right opportunities and enabling environment to build a gas economy and create jobs in South...
Russia’s invasion of Ukraine is upending the global transition away from fossil fuels in the fight against climate change. In some ways, the war is slowing the shift and giving old energy new...
Electricity utility Eskom will issue a request for proposals (RFP) “imminently” for the supply of gas to the Ankerlig and Gourikwa open-cycle gas turbine (OCGT) power stations in the Western Cape,...
Research and consulting company Africa House will from May 15 to 20 host a delegation of investors and business leaders in Uganda to better understand the opportunities for investment and the...
Angolan State-owned petroleum and natural gas producer Sonangol has performed an evaluation of submitted proposals for the partial sale of its participating interests in Blocks 3/05, 4/05, 5/06,...
South Africa’s oil refining capacity has always been rather small when considered on a global scale, but there was some sense of national pride and of security in knowing that the country could...
Afreximbank said on Wednesday it had set up a $4-billion trade finance programme to cushion economies and businesses on the continent against shocks arising from the war in Ukraine, that demand for...
Southern African nations are considering extending the deployment of troops fighting an Islamic State-linked insurgency in Mozambique’s northern Cabo Delgado province that prompted TotalEnergies to...
Energy firm ST Energies has invested into a supply and storage contract with the Matola region, in Mozambique, to embed diverse energy supply chains in South Africa, supporting existing regional...
Despite their scale, national oil companies (NOCs) have until now largely escaped the heavy scrutiny experienced by international oil companies (IOCs) around emissions, and partly as a consequence,...
As Western Europe accelerates a structural transition away from Russian energy dependence, Africa will play a salient role in filling this void, says Oxford Economics Africa (OEA). During a webinar...
The renewable energy transition “is the only true path to energy security”, United Nations secretary-general António Guterres has asserted, adding that the current energy crisis, precipitated by...
French companies have announced R50-billion of new investments in South Africa in different sectors, including energy, health, tourism, mobility, retail, manufacturing and agro-industry, the French...
Discovering gas on South African shores is one of the things that Mineral Resources and Energy Minister Gwede Mantashe is "enthused" by, because it will attract foreign investment. The minister on...
The world is facing its biggest challenge yet in its journey towards net-zero emissions and needs to double-down on plans to achieve the goal of limiting the rise in global temperatures to within...
The head of the International Energy Agency (IEA) has called for an expansion of the organisation’s mandate and membership to enable it to support the global transition to a “clean and secure”...
TotalEnergies is working on a plan to develop gas discoveries in South Africa with its partners and the government, according to its managing director in the country. The oil major starting in 2019...
Carbon prices have tumbled in the wake of Russia’s invasion of Ukraine, decoupling from the broader energy complex, despite the steep rise in gas prices, which should have incentivised gas-to-coal...
Signs of a slow recovery in manufacturing so far this year – which were in part being driven by improvements in production in Europe and Asia – may now be threatened by escalating geopolitical...
The University of Cape Town (UCT) Council has agreed, in principle, to divestment from fossil fuels, including divesting its endowment formally from the fossil fuel industry. This approach will put...
The International Energy Agency (IEA) has released a 10-point plan for speedily cutting oil demand in response to the emerging global energy crisis triggered by Russia’s invasion of Ukraine. The...
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