R/€ = 14.95
R/$ = 10.77
Au 1334.35 $/oz
Pt 1472.50 $/oz
Jan 17, 2014
The Shah Deniz consortium announced the final investment decision for the Stage 2 development of the Shah Deniz gasfield in December 2013.
Jan 17, 2014
The gas pipeline will deliver gas from natural gas reserves located in the Shah Deniz-2 and other gasfields, in Azerbaijan, and from natural gasfields in countries neighbouring Turkey, to domestic markets.
Nov 29, 2013
The project comprises the construction of a gas pipeline across the Black Sea to Southern and Central Europe.
Nov 15, 2013
By Radhika Bhuyan The South African government has a daunting task – on the one hand, it needs to ensure that future energy supply is secured, while, on the other, with crunched information, it needs to make decisions that involve towering energy investments and...
Nov 06, 2013
Solar energy group SunEdison announced on Wednesday that it had secured R1.8-billion in development finance from the US government’s Overseas Private Investment Corporation (OPIC) for its 60 MW Boshoff solar park project, being developed in South Africa’s Free...
Oct 18, 2013
Bretby Gammatech, one of the world’s leading coal quality monitoring equipment companies, is developing new business opportunities in the Balkans, after exhibiting at the Balkanmine Congress and Commercial Exhibition, held in Macedonia. The UK-based company...
Oct 02, 2013
Fracking is proving to be a boon not only for the US economy, but also for the valve industry. Some EU states however are stepping on the brakes. Fracking is giving the USA lots of hopes. Utilising this extraction method of unconventional gas deposits, the...
Jul 19, 2013
National Treasury issued a media statement on July 5 extending an invitation to interested parties to submit comments by August 5 on the Draft Taxation Laws Amendment Bill and the Tax Administration Laws Amendment Bill 2013.
Jan 14, 2013
Sep 20, 2012
Sep 07, 2012
The Shah Deniz consortium, comprising BP – the operator of the gasfield – and Statoil, both with a 25.5% stake.
Aug 30, 2012
Telecommunications group Cell C on Thursday released its latest international call price structure, grouping countries into five zones. While ensuring its 99c a minute standard call rate to 50 countries remained in place in Zone 1, the company would, from September...
Aug 27, 2012
Austrian electricity provider already generates 90 percent of its power from renewable sources
Aug 22, 2012
AMEC, the international engineering and project management company, has been awarded a contract by Balkan Minerals and Mining EAD, a subsidiary of Dundee Precious Metals Inc., to provide engineering and procurement services for the Krumovgrad Gold Project in Bulgaria
Aug 17, 2012
Forest products group Mondi has announced plans to install a 47 MW steam turbine at its Richards Bay mill, in KwaZulu-Natal, which will further increase the facility’s power self-sufficiency and produce surplus electricity for input into the South African grid....
Aug 17, 2012
Mondi today announced plans to install a new steam turbine at its Richards Bay Mill which will increase self generation to meet its own demand and produce surplus energy for the electrical grid
Aug 17, 2012
Hoisting equipment company Condra secured a R13-million contract at the beginning of this year to deliver one of the biggest cranes ordered from the South Africa-based crane group to date. The maintenance crane will be installed at a power generation plant in...
Aug 07, 2012
JSE- and London-listed paper and packaging group Mondi’s energy and debottlenecking projects were under way and progressing well, CEO David Hathorn reported on Tuesday. Mondi, which is aiming to achieve 97.5% energy self-sufficiency across its operations as...
Aug 02, 2012
Canada-based miner Dundee Precious Metals (DPM) lifted its year-on-year adjusted earnings in the second quarter by 56.66% to $9.4-million or 8c a share on the back of increased gold and copper concentrate sales, the stronger US dollar and higher gold prices. The...
Jul 12, 2012
Canada-based Dundee Precious Metals (DPM)on Wednesday reported that Namibian authorities had given it the green light to increase production at its Tsumeb smelter to 75% of its nameplate capacity, following concerns about emissions controls.
Jul 09, 2012
ACWA Power International, today announced that on 28th June, 2012 it partnered with an affiliate of First Reserve Energy Infrastructure Fund and Clean Energy Transition Fund, a fund managed by Crescent Capital to acquire a Solar Photovoltaic (PV) Plant located in...
Jul 03, 2012
Martin Winter is the new Chief Financial Officer
Jun 13, 2012
Solar energy has to be expanded nationwide, not only in southern Germany / Project developer promotes internationalization and presents new large-scale projects at Intersolar 2012
May 29, 2012
As the shortage of reserve energy margins in sub-Saharan Africa continues to bring pressure to bear upon the region’s economic growth, the region’s energy industry leaders and professionals will be looking to the inaugural POWER-GEN Africa conference and...
May 11, 2012
The Shah Deniz consortium has approved the decision to start front-end engineering and design on the project.
May 02, 2012
juwi Management GmbH has now completely been certified according to ISO 9001
Apr 16, 2012
A wind of change goes through Europe. More and more states have understood the signs of the times and rebuild their energy supply.
Apr 13, 2012
Russian State-owned nuclear company Rosatom is committed to localisation should it win the tender to build new nuclear power plants (NPPs) in South Africa. Moreover, according to Rosatom Overseas public relations VP Ivan Dybov, experience shows that the building of...
Mar 16, 2012
The significant developments in warfare in the early 21st century are not only having a pronounced impact on armed forces around the world, but also require changes in the civilian organisations and defence industries that support and supply them. So argues the...
Feb 23, 2012
Pulp and paper group Mondi on Thursday confirmed it had put aside €170-million in capital expenditure for energy and debottlenecking projects, with the aim of achieving 97.5% energy self-sufficiency across its operations. “These are all low-risk,...
Feb 10, 2012
Russia’s State-owned nuclear industrial group Rosatom is to hold a joint workshop with the Nuclear Industry Association of South Africa (Niasa) in March. The workshop will be concerned with Russian nuclear reactors, the possibility of localisation (that is, the...
Nov 03, 2011
TSX-listed gold miner Dundee Precious Metals said on Wednesday third-quarter profit climbed 13% to $40.3-million as a result of higher production and prices. Adjusted earnings for the three-months ended September 30 more than doubled to $32.4-million compared with...
Nov 02, 2011
Frost & Sullivan has presented ESAB Holdings Ltd with two awards: the 2011 Global Excellence in Globalisation Award in the Arc Welding Equipment & Filler Metals Market; and the 2011 Global Customer Value Enhancement Award in Welding Filler Metals
Oct 31, 2011
Pulp and paper manufacturer Mondi on Monday said it had achieved significant electricity savings of about 11 MW at its South African mill near Richards Bay, adding that it is overall about 79% energy self-sufficient. Group communications manager Kerry Crandon Cooper...
Oct 21, 2011
Russian nuclear company Atomstroyexport (ASE), part of the State-owned Rosatom group, is one of the companies interested in bidding for South Africa’s new nuclear power plant (NPP) programme. Under the Integrated Resource Plan 2010-2030, South Africa plans to build...
Sep 23, 2011
Elevator and escalator specialist ThyssenKrupp has designed two new escalators - the iwalk moving walk and the Velino Compact escalator – which both offer increased passenger capacity and a compact design.
Sep 23, 2011
The project involves the modernisation of the refining complex at the existing Lukoil Neftochim Burgas refinery.
Jun 17, 2011
Nabucco is planned to connect the world’s richest gas regions – the Caspian, the Middle East and Egypt – to the European consumer markets.
Nov 05, 2010
Export sales of hoists and crane components to Chile have grown 25-fold in the past five years for crane manufacturer Condra, from $20 000 in orders in 2006, to an order book this year of half-a-million dollars.
Sep 21, 2010
TSX-listed Dundee Precious Metals has completed the construction of a paste backfill plant at its Chelopech gold mine, in Bulgaria, and is in the final stages of commissioning, CEO Jonathan Goodman said at the Denver Gold Forum on Monday. The new plant forms part of...