R/€ = 16.23 Change: -0.05
R/$ = 14.67 Change: -0.04
Au 1460.10 $/oz Change: 0.08
Pt 892.50 $/oz Change: -2.07


Reservation policy working - Canavan

By: Esmarie Iannucci     6th December 2019 Federal Resources Minister Matt Canavan has alluded that the government would look at expanding the gas reservation policy to ensure continued gas supply to the east coast market. Quoting data from the recently released report by energy commentator EnergyQuest, Canavan noted that that east... 

Renergen breaks ground at flagship gas project 

By: Simone Liedtke     26th November 2019 Emerging natural gas producer Renergen on Tuesday marked the start of the pipeline construction at its flagship Virginia gas project, in the Free State. Phase 1 of the Virginia project is expected to start producing liquefied natural gas (LNG) and liquid helium by 2021. This will be followed by... 

SA business people to travel to Mozambique to seek trade, investment opportunities

By: African News Agency      22nd November 2019 A group of South African business people representing 35 companies are expected to travel to Mozambique in search of investment and trade opportunities, the trade and industry department said on Friday. The group will be participating in an Outward Trade and Investment Mission to Pemba and Maputo... 

Moz needs stronger governance, institutional framework, says IMF

By: Marleny Arnoldi     22nd November 2019 As substantial investments to explore Mozambique’s vast natural gas reserves begin in earnest next year, the country is poised to become a significant exporter of liquefied natural gas (LNG). “LNG can be a game changer for economic transformation, development and inclusive growth, potentially... 

South African businesses on trade outreach to Mozambique

By: Tasneem Bulbulia     22nd November 2019 A group of South African businesspeople, representing 35 companies, will be heading to Mozambique on Sunday in search of investment and trade opportunities. The group will participate in an Outward Trade and Investment Mission to Pemba and Maputo organised by the Department of Trade, Industry and... 

Indian energy import dependency rises despite industrial output declines

By: Ajoy K Das     21st November 2019 The Indian energy market is showing dichotomous trends with falling industrial output in line with lower demand for oil and natural gas, but import dependency on imported fossil fuels rising at the same time. Government data shows that Indian oil and natural gas demand declined 1.4% in April to... 

South Africa must consider psychological, trade impact of Mozambique LNG projects

By: Simone Liedtke     21st November 2019 Mozambique is likely on the brink of an economic breakthrough, owing to significant volumes of gas becoming available in the region as the liquefied natural gas (LNG) export projects in northern Mozambique come on line, says Standard Bank oil and gas head for southern Africa Paul Eardley-Taylor. 

Western Cape government to drive gas agenda 

By: Marleny Arnoldi     8th November 2019 The Western Cape government has completed a comprehensive study to assess the feasibility of importing liquefied natural gas (LNG) through Saldanha Bay and developing gas storage, transmission and distribution infrastructure along the West Coast corridor. The study confirms that the Western... 

Renergen reaches final milestone in ramp-up to construction at flagship project

By: Simone Liedtke     28th October 2019 Emerging domestic natural gas and helium producer Renergen has reached its final milestone, before construction starts on its flagship Virginia gas project, in the Free State. The milestone sees the company awarding equipment supplier Western Shell Cryogenic Equipment (WSCE) a contract to supply... 

Senegal delays oil licensing round by a month

By: Reuters     9th October 2019 Senegal has delayed the launch of an oil and gas licensing round due on Wednesday until Nov. 4 as contract documents still need to be finalised, oil minister Mahamadou Makhtar Cisse said. "We need to ensure the legal framework for investors," he told Reuters on the sidelines of an oil and power... 

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