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Energy News

JustShare continues battle for Sasol to table shareholder-proposed resolution

By: Simone Liedtke     26th October 2021 Nonprofit shareholder activism organisation JustShare on October 26 said petrochemicals company Sasol had refused to table the sixth shareholder-proposed resolution filed with the company in five consecutive years. The organization said it believes Sasol’s refusal to table such resolutions seems... 

Eskom suggests modular microgrid option to power outlying communities in Africa

By: Simone Liedtke     26th October 2021 Should State power utility Eskom show the way to a cleaner and greener energy future through its 15-year roadmap, group CEO Andre de Ruyter believes it will demonstrate Africa’s ability to leapfrog older technologies and “move straight to the latest technologies”. Eskom, he notes, is responsible... 

De Ruyter suggests 15-yr roadmap for South Africa’s just energy transition

By: Simone Liedtke     26th October 2021 While there has been “very positive engagement” in the lead up to COP26, power utility Eskom CEO Andre de Ruyter stresses that the coal value chains and communities that surround its coal-fired generation “cannot be left in the lurch” as foreign governments look to support South Africa in its... 

Energas supplies gas gensets to power new residential development

By: Tasneem Bulbulia     25th October 2021 Specialised equipment supplier to the oil and gas industries Energas Technologies is supplying three gas generators to a new residential development. Amid the ongoing energy crisis in South Africa, Energas says it has seen a growing appetite for gas-to-power solutions as property developers are... 

An image of an Energas gas generator set
Energas gas generator

Energy storage key to embedded electricity solutions

By: Theresa Bhowan-Rajah     22nd October 2021 Amid the discussions around embedded electricity solutions, battery equipment supplier REVOV states that it is important to include energy storage and its solutions in these discussions. Energy storage in renewable-energy and embedded-electricity solutions addresses the time domain – electricity... 

a home installation of REVOV batteries
POWERED UP REVOV states that it is important to include energy storage and its solutions in embedded electricity solution discussions

Development pipeline increased to 9 GW

By: Theresa Bhowan-Rajah     22nd October 2021 With renewable energy developer Mainstream Renewable Power (RP) already responsible for developing wind and solar assets contributing 850 MW of power to South Africa’s grid, the company is currently involved in developing new projects that will contribute up to 9 GW of power to the grid.... 

aerial shot of Noupoort wind farm
HEAVY WINDED Currently, Mainstream RP is in the developmental stages of about 9 GW in wind and solar energy projects across almost all provinces

Minerals Council says collaboration is key to unlocking growth-supporting infrastructure

By: Nadine James     22nd October 2021 There have been positive developments since the introduction of the Economic Reconstruction and Recovery Plan in October last year, and while implementation has been delayed, continued engagement between Minerals Council South Africa and government, as well as the current commodities price... 

Image of Engineering News and Mining Weekly cover

Sakhumnotho acquires 26% stake in Refinex, SA Tank Terminals

By: Schalk Burger     21st October 2021 Investment management company Sakhumnotho has acquired a 26% stake in the privately owned petrochemicals company Refinex and bulk liquid storage company South African Tank Terminals (SATT). This signifies the arrival of an important new player in the energy market, Sakhumnotho said. 

Sasol posts 44% jump in Q1 chemicals revenue

By: Reuters     21st October 2021 Sasol posted a 44% rise in first-quarter revenue in its main chemicals business on higher chemical and crude oil prices, it said on Thursday. Revenue from its chemicals business, which accounts for almost 60% of its turnover and profit, came in at $2.5-billion, driven largely by an average price... 

S&P comments on ‘slightly weaker’ outlook for Sasol

By: Simone Liedtke     19th October 2021 Improvements in petrochemicals company Sasol’s leverage and credit metrics has led to S&P Global Ratings adjusting its outlook on the business profile as “slightly weaker” owing to having underperformed against the agency’s expectations. While this poorer-than-expected performance is largely... 

SANEDI highlights building energy performance ahead of COP26

By: Tasneem Bulbulia     19th October 2021 As the world prepares for the twenty-sixth Conference of the Parties (COP26) next month, measures to minimise greenhouse gas emissions are in the spotlight, with industry organisation the South African National Energy Development Institute (SANEDI) placing emphasis on the decarbonisation of... 

'Catastrophic' fuel price hike on the cards, AA warns

By: News24Wire      18th October 2021 A "catastrophic" fuel price hike is on the cards for November, the Automobile Association (AA) has warned. Based on its calculations, R20 per litre for petrol was "realistic" before the end of the year, it said in a statement on its website on Monday. 

Petrol Pump

Renergen, Argonon agreement to potentially establish helium spot market 

By: Simone Liedtke     17th October 2021 South African natural gas and helium producer Renergen has inked a helium forward sale agreement with helium trading company Argonon Helium US for 100 000 units over 19 years, with each unit representing a thousand standard cubic feet (mcf) of helium at 99.999% purity and in liquid form. Argonon... 

Overhead view of Renergen's Virginia gas project, in outh Africa's Free State
Renergen's Virginia gas project

IEA warns of energy market turbulence, underinvestment  

15th October 2021 Creamer Media's Chanel de Bruyn speaks to Engineering News Editor Terence Creamer about the release of the International Energy Agency's (IEA's) latest World Energy Report and warnings of more energy market turbulence unless higher levels of investment are made to both meet demand and decarbonise... 

Image of Terence Creamer
IEA warns of energy market turbulence, underinvestment

Biogas engines supplied to ethanol producer

15th October 2021 Multinational gas and diesel power plant specialist Clarke Energy has secured the sale of two of gas engine manufacturer Innio Jenbacher’s biogas engines to ethanol distiller PressCane Limited, based in Chikhwawa, Malawi. The ethanol production site generates biofuel in the form of ethanol, which... 

Gas-to-power crucial to South Africa’s energy future

By: Halima Frost     15th October 2021 Multinational conglomerate General Electric Company (GE) Gas Power strategy & growth director Michael Konadu tells Mining Weekly that although there is no one solution to decrease South Africa’s carbon footprint, gas-to-power will be integral in the mix. He explains that South Africa’s Just... 

A large Gas Power Combined Cycle power plant designed by GE at dusk
TURNING TABLES The gas turbines offered by GE Gas To Power decrease a clients emissions substantially making a dent on its carbon footprint

Need for training in LNG sector recognised

By: Halima Frost     15th October 2021 With liquefied natural gas (LNG) expected to grow exponentially over the next five years, owing to the global drive to greener power generation, diverse consulting service provider Synergy Oil & Gas Consulting & Training senior energy manager Ismaeel Fataar says now is the time to upskill workers... 

A large ocean bearing vessel with LNG Gas from Mozambique and other parts of the world to South Africa.
KEEPING AFLOAT In order for South Africa to keep abreast with international standards, its LPG workers must be trained correctly

Initiative aims to double industry supply in five years 

By: Halima Frost     15th October 2021 The ‘Doubling of Liquefied Petroleum Gas (LPG) Market’ initiative, driven by the Department of Mineral Resources and Energy (DMRE) and the Liquefied Petroleum Gas Association of South Africa (LPGSA), initiated in December 2019, is slowly gaining momentum after the inevitable impact of Covid-19 on... 

A stainless steel stove top with gas burners burning blue flame from an LPG gas supply, used for cooking
LPGSA MD Gadibolae Dihlabi discusses the plan to double the LPG sector over the next five years

Eskom aiming to secure concessional funding for R400bn just energy transition project pipeline 

By: Terence Creamer     14th October 2021 State-owned electricity producer Eskom has identified a pipeline of ‘just energy transition’ projects valued at about R400-billion that it will seek to fund using concessional finance raised from international financiers that have committed to supporting decarbonisation initiatives in developing... 

Photo of Eskom's rock-man statue at Megawatt Park

Grid edge technologies presented as being vital in South Africa’s energy transition

By: Tasneem Bulbulia     14th October 2021 Grid edge solutions and technologies hold considerable benefits for the country’s energy landscape and can play an instrumental role in decarbonising the global energy system, speakers noted during the Grid Edge Virtual Symposium, hosted by Siemens South Africa in collaboration with EE Business... 

Vaal SEZ to become South Africa’s ‘pre-eminent hub for the hydrogen economy’

By: Simone Liedtke     14th October 2021 Vaal Special Economic Zone (SEZ) programme director Xola Sithole says the SEZ is seeking to position itself as South Africa’s “pre-eminent hub for the hydrogen economy”. In so doing, he says, the SEZ will participate in developing the hydrogen market primarily for Gauteng, and beyond, while... 

South Africa can build a new economy through green hydrogen

By: Simone Liedtke     14th October 2021 The use of clean hydrogen can help to address global greenhouse-gas (GHG) emissions by 2050, but only if net zero emissions costs and prices are set by governments across the world, Deputy Minister in The Presidency Pinky Kekana said on October 14 during a keynote address at the Hydrogen Economy... 

South Africa catches attention of global hydrogen role-players

By: Simone Liedtke     14th October 2021 As global momentum continues to grow across the hydrogen industry, South Africa’s opportunity to produce zero carbon hydrogen has “caught the attention of the global energy players”, says Trade, Industry and Competition deputy Minister Fikile Majola. Coinciding with this global growth in interest... 

Eni to exit South Africa offshore oil block amid tech challenges

By: Bloomberg     14th October 2021 Eni is pulling out of plans to explore for oil with Sasol in a large block off South Africa’s southeast coast due to concerns over the technical challenges of drilling in deep waters, according to two people familiar with the decision. The people asked not to be identified as the matter is private. 

Kosmos, GNPC to buy Occidental’s Ghana assets for $750m

By: Bloomberg     14th October 2021 Kosmos Energy and Ghana National Petroleum Corp agreed to buy Occidental Petroleum Corp’s oil assets in the West African country for a combined $750-million. Kosmos will pay $550-million while GNPC will pay $200-million for the Houston-based company’s interests in the Jubilee and TEN offshore... 

Mantashe opposes coal ban for climate aid

By: Bloomberg     14th October 2021 Rich nations shouldn’t force South Africa to ban new coal-power projects and impose other conditions as a requirement for funding to help reduce its environmental footprint, the country’s energy minister said. Gwede Mantashe last month skipped a meeting with climate envoys from the UK, US,... 

A photo of Gwede Mantashe
Mineral Resources and Energy Minister Gwede Mantashe

UHURU unpacks common misconceptions on hydrogen 

14th October 2021 The world is in the process of determining cleaner energy forms for baseload, storage and decarbonisation, which are not always economically viable, according to energy company UHURU Africa. The company poses that biomass can support solar, wind and hydro energy. Marleny Arnoldi gathered some... 

UHURU unpacks common misconceptions on hydrogen
UHURU unpacks common misconceptions on hydrogen

This year’s SAEEC conference goes virtual

By: Tasneem Bulbulia     13th October 2021 The Southern African Energy Efficiency Confederation (SAEEC) will be hosting its sixteenth Annual Conference from November 3 to 5, in a virtual event. The SAEEC is the local recognised chapter of the Association of Energy Engineers. 

IEA warns of more energy market volatility as transition investment lags 

By: Terence Creamer     13th October 2021 There is a looming risk of more turbulence ahead for energy markets, the International Energy Agency (IEA) warns in its latest World Energy Outlook publication. “The world is not investing enough to meet its future energy needs, and uncertainties over policies and demand trajectories create a... 

IEA executive director Dr Fatih Birol
IEA executive director Dr Fatih Birol

Hybrid energy systems key for country’s energy mix, experts posit

By: Tasneem Bulbulia     8th October 2021 As South Africa continues on its journey to a greener economy, energy experts who gathered at this year’s Windaba conference, in Cape Town, predict that the country’s future energy mix is likely to include dispatchable power, in the form of hybrid systems. This follows the Department of Mineral... 

Ramaphosa supports green hydrogen export ambitions  

8th October 2021 Creamer Media's Chanel de Bruyn speaks to Engineering News Editor Terence Creamer about President Cyril Ramaphosa throwing his weight behind South Africa’s green hydrogen export ambitions and encouraging South Africa to embrace green energy and decarbonisation. 

Photo of Terence Creamer
Ramaphosa supports green hydrogen export ambitions

Minerals Council South Africa developing 2050 Net Zero Action Plan

By: Simone Liedtke     7th October 2021 The Minerals Council South Africa is developing a Net Zero 2050 Action Plan and pathway towards achieving the goal of net zero greenhouse-gas (GHG) emissions. The action plan for mining will include the central pillars of increasing the share of investment in renewable energy sources; research,... 

Pic of Climate Change examples

Troubled South Africa sugar industry pushes for biofuel subsidy

By: Bloomberg     7th October 2021 South Africa’s sugar industry is in talks with the government over a potential subsidy that could see it convert more than a third of its annual output into biofuel, according to a group representing companies in the sector. Currently 800 000 tons of the industry’s annual output of 2.1-million... 

Global metals, mining demand ‘tepid at best’ – WoodMac

By: Simone Liedtke     6th October 2021 With the global metals and mining markets having faltered under the weight of Covid-19 pandemic-driven lockdowns, demand outside of China was “tepid at best and in freefall at worst”, says global research and consultancy group Wood Mackenzie (WoodMac). From a mined commodities perspective,... 

Pic of Mining Equipment

October petrol price decreases; diesel, paraffin prices increase

By: Schalk Burger     5th October 2021 Fuel prices for petrol and liquefied petroleum gas (LPG) will decrease from October 6, while diesel and illuminating paraffin prices will increase. Prices for 93-octane petrol will decrease by 4c/ℓ and prices for 95-octane petrol by 1 c/ℓ.  

Hydrogen economy holds opportunities for water tech companies, says analyst

By: Marleny Arnoldi     5th October 2021 Market analysis company BlueTech Research says the hydrogen economy could be worth as much as $12-trillion by 2050, but there is concern about the availability of water, particularly in water-stressed countries and regions. The number of green hydrogen projects – where hydrogen is produced... 

Headwinds mounting for world economy into final stretch of 2021

By: Bloomberg     4th October 2021 The global economy is entering the final quarter of 2021 with a mounting number of headwinds threatening to slow the recovery from the pandemic recession and prove policy makers’ benign views on inflation wrong. The spreading delta variant continues to disrupt schools and workplaces. US lawmakers... 

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