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Feb 02, 2012
South African petrochemicals group Sasol on Thursday advised shareholders that it expected an increase of between 80% and 90% in 2012 first half headline earnings, when compared with the first half of the 2011 financial year. Sasol initially forecast a 45%...
Jan 11, 2012
Article contains comments
Sep 09, 2011
Kinross-based structural steel construction and specialised welding company Kinross Industrial Supplies Manufacturing Engineering (Kisme) reports that construction work on a structural steel project for State-owned freight logistics group Transnet’s new multiproduct...
Sep 06, 2011
Article contains comments
The exploitation of shale gas in South Africa could be a "game changer" for the gas sector, a senior Department of Energy (DoE) official said on Tuesday. But he also appealed for patience to allow a Department of Mineral Resources (DMR) task team to finalise its...
Jul 19, 2011
Article contains comments
Questions have again been raised as to whether any possible future shale gas exploration licences for the Karoo could explicitly prevent so-called "test fracking" in favour of less "invasive" techniques to understand the subsurface of the area ahead of any government...
Jul 15, 2011
Spain's Alatec Consulting has been awarded a $8,5-million contract to undertake the feasibility study on the proposed second petroleum offloading jetty in Kenya.
Jun 01, 2011
Public Enterprises Minister Malusi Gigaba has reiterated government’s intention to supplement the limited balance sheets of the country’s infrastructure-focused State-owned enterprises (SoEs) in partnering with large mining, industrial and financial services...
Apr 01, 2011
Article contains comments
Petroleum producer BP estimates that the 59,9% Transnet pipeline tariff increase could result in a R1-billion yearly cost to the ecomony, as well as 40 000 job losses. The National Energy Regulator of South Africa’s (Nersa) on Thursday set new tariffs for Transnet’s...
Mar 31, 2011
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Mar 16, 2011
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Mar 08, 2011
Mar 08, 2011
Mar 02, 2011
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The new CEO of State-owned freight logistics group Transnet has promised to deliver a turnaround strategy for the underperforming rail business within the next three months and has also indicated that he will “aggressively” pursue partnerships with the private sector...
Feb 04, 2011
State-owned freight logistics group Transnet confirmed at the weekend that it had issued an inaugural $750-million five-year bond under its $2-billion global medium term note (GMTN) programme, while stressing that the debt had been secured in the absence of...
Jan 31, 2011
Article contains comments
Public Enterprises Malusi Gigaba on Monday unveiled a ‘panel of experts’ to probe the cost overruns and time delays associated with Transnet’s new multiproduct pipeline (NMPP) from Durban to Johannesburg – the panel will report its findings by the end of April. The...
Jan 27, 2011
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Public Enterprises Minister Malusi Gigaba, who in December expressed dismay with the cost overruns and delays on the new Transnet fuels pipeline from Durban to Johannesburg, stresses that the proposed departmental review of the project is not a “witch hunt”, but is...
Jan 19, 2011
JSE-listed Sasol is planning to construct a R4-million pipeline extension and customer meter station linked to Sasol Gas' existing distribution facilities in the Olifantsfontein area in Gauteng. The petrochemicals producer reported that the pipeline extension would...
Dec 08, 2010
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State-owned freight logistics group Transnet announced another shocking surge in the price tag for its new fuel pipeline from Durban to Johannesburg, which is now expected to cost R23,4-billion to complete – more than double the initial estimate of R11,1-billion made...
Dec 03, 2010
The delays on the State-owned freight logistics group Transnet’s new multiproduct pipeline (NMPP) will require the Durban to Johannesburg pipeline (DJP) to continue running for nine months beyond March 31, 2011, to cope with security of supply challenges to Gauteng.
Dec 03, 2010
State-owned freight logistics group Transnet’s new multiproduct pipeline (NMPP), which is being built between Durban and Johannesburg, has had its deadline extended to December 31, 2013, and is on track for completion.
Dec 03, 2010
Civil engineering construction company Esorfranki is making progress on its flagship R240-million BG3 pipeline project, having further excavated the trench, and is expecting to lay pipes down imminently, says Esorfranki CEO Bernie Krone.
Dec 03, 2010
Revenue from State-owned freight logistics company Transnet Pipelines (TPL) division for the six months ended September has fallen 1,3% to R669-million despite a 6,1% increase in tariffs and a 2% increase in volumes of products transported, said Transnet CEO Chris...
Dec 03, 2010
State-owned freight logistics group Transnet’s new multiproduct pipeline (NMPP), being built between Durban and Johannesburg, will use a number of technological innovations including cathodic protection against rust and, as the name implies, multiple product...
Jul 13, 2010
Article contains comments
State-owned freight logistics group Transnet has awarded a R180-million contract to GE South Africa Technologies (GESAT), a venture involving GE Transportation and the Mineworkers Investment Company, to supply ten medium speed, diesel-powered generators for the...
Apr 23, 2010
The recently launched local branch of ABB Global Consulting’s energy efficiency consultancy service guarantees industrial energy savings of between 5% and 20%, depending on the current state of a company’s energy management practices.
Apr 20, 2010
Energy Minister Dipuo Peters has reaffirmed government's commitment to modernising South Africa's fuel specifications on Tuesday, and announced that a "roadmap" for cleaner fuels would be issued by December. Peters told the National Assembly during the Department of...
Apr 16, 2010
The United Transport & Allied Trade Union (Utatu) has warned that workers in Transnet’s freight, pipelines, harbours and Engineering operations could go on strike soon, should a second conciliation meeting around a pay dispute, to be held on Monday, not lead to an...
Mar 26, 2010
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The National Energy Regulator of South Africa (Nersa) has again granted Transnet a materially lower allowable revenue increase for the period April 1, 2010, to March 31, 2011, than had been requested by its fuel pipelines unit earlier in the year. The State-owned...
Mar 18, 2010
Article contains comments
Mar 12, 2010
Kenya has received a $320-million soft loan from Japan to boost investments in the energy sector.
Mar 09, 2010
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State-owned transport utility Transnet has confirmed that the cost of its new multiproduct petroleum pipeline (NMPP) from Durban to Gauteng has escalated by R2,75-billion to R15,42-billion, and that the project will be completed a full year later than initially...
Feb 19, 2010
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Petroleum group BP Africa has called on the South African government to proceed with caution before approving the construction of a $10-billion-plus greenfield refinery at Coega, in the Eastern Cape, making a public appeal at the weekend for a far-reaching review of...
Feb 18, 2010
Article contains comments
State-owned transport utility Transnet has indicated that a cap of R4,5-billion has been set for the amount of capital it can extract from that portion of the increase in the fuel levy to help it fund a R12-billion fuel pipeline from Durban to Johannesburg. In his...
Feb 12, 2010
South Africa's State-owned freight logistics group Transnet expects to tap its recently established $2-billion Global Medium-Term Note (GMTN) programme within the next six months, acting CEO Chris Wells tells Engineering News Online. This initial foray would be for a...
Nov 06, 2009
Ingérop Africa (in association with its subsidiary Ingérop Moçambique) has been awarded the "REABDESC PROJECT MANAGEMENT - TECHNICAL CONSULTING SERVICES" regarding the repairs and refurbishment of 8 spillway gates and one surface gate with the associated equipment...
Nov 02, 2009
The Department of Energy (DOE) and petroleum industry roleplayers on Monday called on the Competition Commission to finalise the exemption of the industry from competition law. The petroleum industry felt that it was necessary to allow industry competitors to hold...
Oct 09, 2009
Polyvinyl chloride (PVC) pipe manufactures DPI Plastics has a strong 20-year relationship with the eThekwini Municipality, which is using DPI Plastics’ newly launched product Gemini-Biax to replace some of Durban’s piping systems.
Sep 15, 2009
Article contains comments
Public Enterprises Minister Barbara Hogan stressed on Tuesday that the process to appoint a new permanent CEO at Transnet could not be "prolonged for too much longer" and that, in the event of a protracted process, she would exercise her "prerogative to appoint a CEO...
Sep 08, 2009
State freight logistics utility Transnet once again raised its unhappiness with the country's approach to economic regulation in Parliament on Tuesday, saying that, in its current form and application, the regulations were "not conducive for investment in major...
Aug 26, 2009
Oil industry players said on Tuesday a competition exemption was the only way of ensuring airports did not run out of jet fuel during the 2010 Football World Cup. "An exemption is the only way to make a success out of the World Cup," Chevron chairperson James...
Aug 14, 2009
Energy Minister Dipuo Peters will continue to keep jet fuel stock levels at the OR Tambo International Airport (ORTIA), in Johannesburg, “under a critical eye”, but said on Friday that she was pleased that the industry had responded to the issue with the “necessary...
Aug 06, 2009
A task team that was being established to investigate the recent jet fuel shortages at the OR Tambo International Airport (ORTIA), would also have to ensure that South Africa had adequate liquid fuels available during the 2010 FIFA World Cup, Energy Minister Dipuo...
Aug 04, 2009
State-owned freight company Transnet said on Tuesday that its petroleum and gas division was “in no way” responsible for the tight fuel supply at the OR Tambo International Airport (Ortia). The utility was responding to reports that delivery problems by Transnet,...
Jul 17, 2009
Article contains comments
Gas supplier Gigajoule Africa has submitted a licence application to the National Energy Regulator of South Africa (Nersa) for the transmission, distribution and trading of gas in the Cape West Coast region.
Jun 24, 2009
State-owned freight logistics group Transnet would seek neither guarantees nor a loan injection from government to help it fund a new R12,6-billion fuel pipeline from Durban to Gauteng, despite the material financing challenge created by the energy regulator’s recent...
Jun 24, 2009
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