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Mar 13, 2013
The National Energy Regulator of South Africa (Nersa) on Wednesday granted State-owned Transnet a 6.4% increase in 2013/14 petroleum pipeline tariffs. If the Energy Minister decided to use the pipeline tariff as a proxy for the cost of transporting fuel from Durban...
Mar 12, 2013
The National Energy Regulator of South Africa (Nersa) hopes to finalise its decision on Sasol Gas’ application for a determination regarding maximum piped-gas prices that can be charged from March 26, 2014, before the end of the month, despite having extended the...
Mar 01, 2013
Zimbabwe stands to save about $2-million a month following government’s decision to pass new regulations making it mandatory for oil companies to sell blended fuel.
Nov 29, 2012
Article contains comments
Public Enterprises Minister Malusi Gigaba and Transnet expressed confidence on Thursday that both the coastal terminal, located at Island View in Durban, and the inland terminal at Jameson Park, near Heidelberg, which comprised the second phase of the R23-billion New...
Jul 10, 2012
Jun 22, 2012
South Sudan is banking on international lenders to help it raise the estimated $4-billion it requires to build oil pipelines that will reduce its dependence on facilities provided by its hostile northern neighbour. A South Sudan government official reports that the...
Jun 19, 2012
A Southern African Development Community (SADC) Regional Infrastructure Master Plan (RIMP), which could involve cross-border projects with a combined investment value of up to $500-billion, has been finalised and will be presented to the subregion’s heads of State...
Jun 18, 2012
Mozambique’s Ministry of Energy and Clean Carbon Industries (CCI) on Monday signed an agreement to undertake a full feasibility study for the development of a coal-to-liquid plant in the Tete province. The parties aimed to produce 40 000 bbl/d of transport fuel and...
May 17, 2012
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Apr 03, 2012
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Mar 30, 2012
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Mar 30, 2012
 
 
 
Mar 15, 2012
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The National Energy Regulator of South Africa (Nersa) confirmed on Thursday that it had granted Transnet Pipelines a 22% tariff increase for its Durban-to-Johannesburg fuel pipeline for 2012/13, which was expected to raise Gauteng’s petrol price by a further 4c/l as...
Feb 10, 2012
Empowered oil company Afric Oil plans to increase its market share and business volumes this year, finance director Mangadi Dikotla tells Engineering News.
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
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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
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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
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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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The National Energy Regulator of South Africa (Nersa) on Thursday set new tariffs for Transnet’s petroleum pipeline, allowing the State freight logistics group to realise a 59,9% revenue increase, from R1,2-billion in 2010/11 to R1,9-billion in 2011/12. Transnet...
Mar 16, 2011
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State freight logistics group Transnet has confirmed the reinstatement of Siyabonga Gama – who was dismissed last year for “governance breaches”, but was reappointed as an executive in the office of the chairperson in February – as the head of its largest subsidiary,...
Mar 08, 2011
The Department on Energy (DoE) unveiled its much-anticipated draft position paper on fuel specifications and standards on Tuesday, which, if implemented, would see the phased introduction of Euro V-type fuel in South Africa as from 2013, as well as the upgrade of...
Mar 08, 2011
Energy group BP would invest $200-million in infrastructure development in South Africa over the next two years, CEO Sipho Maseko said on Tuesday at the opening ceremony of the company’s rail gantry expansion in Pretoria. “We will be spending this money on things...
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
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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
Article contains comments
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
Article contains comments
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
Article contains comments
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...
 
 
 
 
 
 
 
 
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