R/€ = 15.26
R/$ = 14.41
Au 1057.95 $/oz
Pt 835.50 $/oz
Nov 10, 2015
One good thing to come from the US's rejection of Canadian energy infrastructure operator TransCanada’s proposed Keystone XL pipeline, is the finality it brings to a drawn-out process spanning years, that could now perhaps provide the impetus needed to look for new...
Sep 26, 2014
Efforts by the Kenya government to increase energy generation by 5 000 MW over the next three years received a major boost following the award of a $2-billion contract to build a coal power plant in Lamu. Despite allegations of irregular tendering process, the...
May 09, 2014
Global provider of integrated shipping, logistics and marine services Gulf Agency Company (GAC) is aiming to increase its involvement in Angola’s oil and gas sectors. GAC Angola GM Michael Sturesson tells Engineering News that several major upstream projects are...
Feb 13, 2014
A subsidiary of energy giant Santos has signed a deal with ASX-listed New Guinea Energy (NGE) to acquire a 50% interest in a petroleum prospecting licence, in Papua New Guinea, for $40-million. Under the sales agreement, Santos has agreed to fund NGE subsidiary...
Jul 26, 2013
Canada is expecting a boom in oil production from its prolific Alberta oil sands deposits; however, production from the world’s third-largest proven oil reserves, after Saudi Arabia and Venezuela, is hampered by a lack of sufficient transport to markets, resulting in...
Jul 05, 2013
Energy giant BP South Africa would invest R105-million over the next six years in a youth development programme aimed at bridging “the gap between high school and university”. The specially designed Targeting Talent programme would provide holistic talent development...
Jun 26, 2013
Canada’s Conservative federal government will, in future, require existing and new pipeline companies to have at least $1-billion financial capability on hand to cover any spills on Canadian soil. Natural Resources Minister Joe Oliver made the announcement in...
Jun 01, 2013
The recently elected Liberal government of British Columbia (BC), under the leadership of Premier Christy Clark, has rejected the $5.5-billion Northern Gateway pipeline project on environmental concerns. Energy giant Enbridge’s pipeline project, which entailed the...
May 21, 2013
Jan 24, 2013
Nov 06, 2012
Oct 25, 2012