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Topic - East Coast
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Jul 24, 2015
Diamond mining giant De Beers on Friday said that, despite a challenging first half, it still achieved a solid operating performance. However, its underlying earnings before interest and taxes (Ebit) decreased by 25% to $576-million for the six months ended June,...
Jul 23, 2015
EXUDING LUXURY Local model Genevieve Morton presents one of Maserati’s models in a recent relaunch of the luxury motor manufacturer's brochures
Italian luxury vehicle manufacturer Maserati has appointed top South African model Genevieve Morton to present its model range in the company’s 2015 brochures and to feature in a worldwide social media campaign.
Jul 14, 2015
• Power interconnection beneath the North Sea will enable Norway and UK to share up to 1400 MW of green energy from 2021 onwards • Statnett SF and National Grid has awarded Nexans a contract valued at around Euros 340 million to deliver the subsea cable on the...
Jul 13, 2015
If Durban wins the bid to host the 2022 Commonwealth Games, the city’s economy could expect an inflow of about R25-billion, with positive knock-on effects from 220 000 visitors extending way beyond the East Coast, bid committee CEO Mark Alexander says. However,...
Jul 08, 2015
Diversified miner BHP Billiton has warned that a gas reservation policy in the East Coast of Australia could be detrimental to market dynamics. In a submission to the Australian Competition and Consumer Commission (ACCC), BHP acknowledged that there were significant...
Jun 05, 2015
ASX-listed Central Petroleum would acquire a 50% interest in the Mereenie oil and gas field, in the Northern Territory, for A$45-million. Under the terms of the agreement, Central would also free-carry Santos under a A$10-million works programme prior to the...
Jun 05, 2015
The Australian Competition and Consumer Commission (ACCC) has called for submissions on its inquiry into the East Coast gas market. The ACCC East Coast Gas inquiry would consider the competitiveness of wholesale gas prices and the structure of the upstream,...
Jun 05, 2015
The prices of some of Australia’s largest export commodities have fallen dramatically in the last year, dumping the country’s iron-ore and coal sectors into unprecedented doldrums. On the west coast of Australia, the iron-ore sector has been subjected to infighting,...
Jun 04, 2015
Jun 01, 2015
Apr 23, 2015
Apr 13, 2015
 
 
 
Mar 16, 2015
The first of the two new production wells at the BassGas joint venture (JV), in Victoria, has been spudded, operator Origin Energy reported on Monday. The Yolla 5 and Yolla 6 wells were being drilled as part of Stage 2 of the BassGas mid-life enhancement project,...
Mar 11, 2015
While delivering record gas and petroleum production in 2015, Australia’s energy sector was facing a challenging 2015 with a lower oil price environment and uncertainty over gas pricing on the east coast, market analyst EnergyQuest reported this week. EnergyQuest...
Feb 23, 2015
The Queensland and New South Wales coal industries delivered more than A$66-billion to the local economies and supported 381 000 jobs in 2013/14, new data has revealed. The Queensland Resources Council (QRC) pointed out on Monday that coal miners spent about...
Feb 19, 2015
Unconventional reserves, unlike cheap conventional sources, remain vulnerable to market conditions, technology and geological characteristics. Transplanting from one country condition to another will always remain a challenge, given the different conditions that...
Feb 13, 2015
Until the 1940s, coloured gemstones and diamonds shared a stake of about 50:50 in the global jewellery market, and from that time diamond miner De Beers undertook an aggressive marketing campaign that resulted in the value and popularity of diamonds significantly...
Jan 16, 2015
Yokogawa China, has received an order from PetroChina Yunnan Petrochemical Co., Ltd.* to deliver control systems for an oil refinery that is being built in China’s Yunnan Province. With an annual output of 10 million tons, this will be one of the largest refineries...
Jan 16, 2015
Miners are in for a volatile year in 2015, as the industry faces price volatility, geopolitical turmoil, rising costs and declining grades, advisory firm Deloitte has warned. However, in its 'Tracking the Trends 2015' report, Deloitte noted that evidence of recovery...
Jan 15, 2015
Traders are shipping West African crude to the US to store the oil until prices recover, as the global glut forces them to source any tanks available and as seaborne cargoes are able to compete better on price with US crude. Oil firms including Swiss-based Glencore,...
Jan 13, 2015
Revenue from the coal seam gas (CSG) industry in Australia has been flagged to grow about 148% during 2015, industry researcher IBISWorld reported this week. In 2014, the CSG industry accounted for revenues of A$737.9-million; however, IBISWorld predicted that this...
Jan 06, 2015
Softer commodity prices were expected to have a significant impact on Australia’s resource and energy commodity export earnings in 2015. The Department of Industry, which now incorporates the Bureau of Resources and Energy Economics (BREE), expects export earnings...
 
 
 
 
Dec 15, 2014
Energy analyst EnergyQuest has warned state governments from investing in the proposed gas pipeline which would connect the Northern Territory to markets on the east coast of Australia, saying that it would hinder private investment. In November this year, the...
Dec 10, 2014
ASX-listed gas infrastructure giant APA Group has purchased the Queensland Curtis liquefied natural gas (QCLNG) pipeline from the BG Group for $5-billion. The QCLNG project would deliver about 8.5-million tonnes a year of capacity, with the Phase 1 project budgeted...
Dec 02, 2014
Queensland Premier Campbell Newman used the opening of a A$200-million micro-liquefied natural gas (LNG) plant to launch the state’s new fuels and energy strategy. The Premier revealed that some A$500-million would be made available to energy companies through an...
Oct 24, 2014
Softer commodity prices would result in a 1.4% decrease to Australia’s mineral and export commodity earnings during 2015, the Bureau of Resources and Energy Economics (BREE) reported on Friday. During 2014/15, mineral and energy commodity export earnings would fall...
Oct 10, 2014
Following a tragic accident in which joint-venture firm Minera y Metalurgica del Boleo (MMB) lost its COO in a flash flood associated with hurricane Odile, which struck the West Pacific seaboard off Mexico and the US last month, the company, comprising a consortium...
Aug 27, 2014
Interest in oil and gas exploration off South Africa’s coast has, in the past four years, accelerated to such an extent that nearly all the country’s offshore exploration blocks are under licence or under application for exploration by independent companies,...
Aug 12, 2014
The Italeni grab hopper dredger
Transnet National Ports Authority (TNPA) Dredging Services has officially launched its new R1-billion dredger, the Italeni, in Durban. It is one of three dredgers in the TNPA’s R2-billion programme to renew its dredging fleet, which handles about four-million cubic...
Jul 31, 2014
The oil and gas industry in Africa is experiencing unprecedented growth, especially on the East Coast, where recent gas discoveries are transforming local economies in countries like Mozambique and Tanzania. South Africa is ideally positioned to become a major hub in...
Jul 09, 2014
At a time when the Southern and pan-African mining and engineering sectors are facing many challenges, companies are looking for suppliers which can offer them the widest and most robust range of products to assist them in addressing the challenges that they face....
Jun 23, 2014
The first crude oil unit train loaded at the new Black Thunder Terminal departed the Wyoming terminal on Friday, bound for a refinery on the East Coast, using the Union Pacific railway. The Black Thunder Terminal is a joint venture (JV) between Meritage Midstream and...
 
 
 
 
Jun 10, 2014
Sasol Petroleum International, the upstream oil and gas subsidiary of  Sasol Limited, announced that it has concluded a farm-out to Eni SpA, an Italian multinational oil and gas company, for the exploration right permit 236 (ER236) in South Africa. The permit was...
May 15, 2014
GRID EXPANSION A strategic environmental assessment will facilitate the expansion of electricity grid infrastructure in South Africa
The national Department of Environmental Affairs (DEA) is collaborating with State-owned power generation utility Eskom, the Council for Scientific and Industrial Research (CSIR) and the South African National Biodiversity Institute (SANBI) to facilitate the...
May 08, 2014
DURBAN AERIAL VIEW Elgin Brown & Hamer South Africa offers a full in-house service in all aspects of ship repair
Ship repair company Elgin Brown & Hamer South Africa (EBH SA), a division of heavy engineering group DCD Marine, says it is well positioned to service Southern Africa’s burgeoning offshore oil and gas sector and the increasing number of large cargo vessels that...
May 08, 2014
TNPA chief planner Nimi Ramchand
The face of South Africa’s coastal ports is expected to change materially over the coming 30 years, with the ports authority’s long-term plans containing not only the anticipated expansion of commodity and container terminals, but also a vision for a deeper...
May 08, 2014
Talbert Manufacturing introduces its 75-ton 3+3+3 E3Nitro spread axle trailer, designed especially for Bill Miller Equipment and sold by Hale Trailer.  This 75-ton trailer represents a major breakthrough in East Coast-style trailer design.  Traditionally, East Coast...
May 01, 2014
South Africa's Chief of Naval Staff, Rear Admiral Rusty Higgs, recently reaffirmed the importance of Project Biro for the South African Navy (SAN) and for the country. Project Biro covers the acquisition of three Offshore Patrol Vessels (OPVs) and three Inshore...
Apr 08, 2014
Nitrogen-Assisted Dampening System Complements Full E-Nitro Line Talbert Manufacturing, a leader in the specialty trailer and transport industry, introduces its new E3Nitro. The innovative nitrogen-assisted equalizing system provides the versatility haulers with East...
Apr 03, 2014
Producer Coal India Limited (CIL) notched production of 462.5-million tonne during the 2013/14 financial year, falling short of its target by 19.5-million tonnes. Despite missing its target, the coal miner was able to achieve a production growth of 2.3% compared...
Mar 24, 2014
As communications solutions provider Alcatel-Lucent deploys the latest 100 Gb/s technology on the East African coast’s 10 000 km submarine cable system, telecommunications group Telkom plans to get involved. The technology will enable an ultimate carry capacity in...
Mar 24, 2014
Mining was set to remain one of the future building blocks of the Australian economy, advisory firm Deloitte said on Monday, following the release of its ‘Positioning for Prosperity? Catching The Next Wave’ report. Deloitte national mining leader for the East Coast,...
 
 
 
 
Mar 17, 2014
Improving energy infrastructure on the African continent will unleash investments, drive jobs and drive down pollution, US Deputy Energy Secretary Daniel Poneman has told the Power-Gen Africa conference in Cape Town. An upbeat Poneman said while energy costs in...
Mar 07, 2014
Australian oil output has slumped to its lowest annual production in more than 40 years, energy economics group EnergyQuest reported this week. In its latest report card, EnergyQuest noted that the country’s oil output in 2013 dropped by 18.6% compared with the...
Feb 24, 2014
The Department of Trade and Industry (DTI) is heading to Pemba, in Mozambique, to promote South Africa’s oil and gas industry and attract trade and investment. The DTI explained in a statement that the outward investment mission, from February 24 to 28, aimed to...
Feb 24, 2014
Interest in oil and gas exploration, both offshore and onshore, in South Africa is set to spike over the next five years, with improvements in technology and a need for an alternative to the unstable Middle East providing more opportunities locally, says Petroleum...
Feb 13, 2014
RISING MARKET An Airbus Helicopter AS350 Squirrel of the Kenya Forest Service preparing for take off
Over the past few years, Kenya has emerged as the biggest single market for Eurocopter Southern Africa Limited (ESAL) as the aviation sector in that country has boomed and the Nairobi government has sought to strengthen its law enforcement, security and conservation...
 
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