R/€ = 17.13 Change: 0.01
R/$ = 15.10 Change: 0.01
Au 1834.70 $/oz Change: 3.68
Pt 1034.00 $/oz Change: -2.00


Natural-gas potential abounds

By: Helene Le Roux     6th February 2004 Petroleum Agency SA is the government body responsible for facilitating the search for natural gas and oil in South Africa, both onshore and offshore. 

Welcome to the gas age

By: Helene Le Roux     6th February 2004 The gas age has dawned globally with many countries having turned to it as a cleaner alternative to other primary energy sources such as coal and oil. And, the arrival in South Africa later this month of Mozambican natural gas is a signal that this country is intent, at last, on joining the... 

Gas switch-on will boost green efforts

By: Irma Venter     23rd January 2004 The $1,2-billion Sasol natural gas project, to deliver its first natural gas from Mozambique to South Africa in February, will assist the company in “making significant progress towards meeting some of its targets for greenhouse gas reduction,” says spokesperson Johann van Rheede. 

Orange Basin oil search intensifies

By: Jill Stanford     23rd January 2004 Resources giant BHP Billiton Petroleum Great Britain is forging ahead with its plans to search for oil and gas in Blocks 3B/4B in the Orange Basin off the West Coast of South Africa. 

Congo oilfield output set to treble in 2004

By: Jill Stanford     23rd January 2004 South African oil and gas exploration and production company Energy Africa has bought an 11% interest in the M’Boundi production permit in the Congo (Brazzaville) from French company Maurel & Prom. 

Half of West Coast block on offer

16th January 2004 An equity interest of up to 50% in Block 3A/4A off the West Coast of South Africa is being farmed out by Sasol Petroleum International. 

More additives expected as cleaner-fuel deadline approaches

16th January 2004 As the deadline for the implementation of the 50-ppm standard for low-sulphur diesel closes in, motorists should expect more additives on the market as oil refiners are introducing additives to meet these stringent requirements. 

Woodside declares W Africa oil find commercial

7th January 2004 Australian oil and gas company Woodside Petroleum declared its Chinguetti oil find off the West African coast commercial yesterday, paving the way for development and sending its shares to a two-and-a-half-year high. 

PetroSA silent on Sable sale

By: Martin Czernowalow     7th January 2004 South Africa’s State-owned oil company, PetroSA, which last year launched a high-profile bid to sell a 9% interest in its Sable oilfield, off the southern Cape coast, is refusing, at this stage, to comment on the status of the transaction. 

Explorer wants full control of Namibian gasfield

By: Jill Stanford     12th December 2003 African oil and gas exploration and production company Energy Africa says it intends to exercise its option to assume 100% interest and operatorship of the Kudu gasfield project in the Orange Basin off Southern Namibia. 

Gas giant’s unemcumbered industrial strategy unveiled

By: nkolola halwindi     12th December 2003 Following the disposal of its healthcare subsidiary, gas supplier Afrox has set out a strategy to optimise the growth potential and profitability, with particular focus on securing growth in its industrial business. 

Durban’s trash-to-power plan is unveiled

By: tom robbins     5th December 2003 Although progressing slower than originally anticipated, the Kouga Wind Farm project, near Jefferies Bay, in the Eastern Cape is still going ahead, coordinator Dr Andries van der Linde reports. 

ExxonMobil pumps first oil from Xikomba field

5th December 2003 Oil major ExxonMobil has begun pumping its first oil out of the Xikomba field, in deepwater Block 15 offshore Angola, sources at the US company's Angolan affiliate said yesterday. 

Opec unlikely to cut output as prices hold firm

3rd December 2003 Opec producers, bolstered by an upbeat world economy, gathered yesterday for a meeting this week that is expected to defer supply cuts as oil prices hold strong. 

Total mulls second test well in Angola’s Block 32

1st December 2003 French oil giant Total is weighing up drilling a second test well in Block 32 offshore Angola later this year or early in 2004, a spokesperson for the said on Friday. 

Afrox mulls acquisitive growth as it returns to industrial roots

By: Martin Creamer     27th November 2003 South Africa’s gas giant Afrox is focusing back on its industrial roots and is considering a number of acquisitive growth options. 

New horizons

By: Jill Stanford     21st November 2003 The world’s super majors and key companies are spending billions of dollars a year on exploration and production on the offshore oil and gas fields of West Africa. 

$45-million to be spent on exploration

By: Jill Stanford     21st November 2003 His company has had a busy six months with a high level of exploration and appraisal activity, says Energy Africa MD Rhidwaan Gasant. 

Newly-listed oil company believes in SA’s marginal oilfields

By: Jill Stanford     21st November 2003 Southern Africa is pockmarked by hundreds of oil and gas wells, many of them long since sealed by major oil companies that have shut down the drilling and pumping, and moved on to areas with potentially higher yields. 

Ten years later, this firm has developed into a specialist

21st November 2003 The largest company within SA Five Group, SA Five Engineering, has during the last ten years focused its efforts on developing and perfecting its expertise in project management and construction for the offshore and onshore petrochemicals and oil and gas industry. 

No scaffolding required, says maintenance company

By: Jill Stanford     21st November 2003 Inspection and maintenance company Ropetec is making waves in the offshore oil and gas industry with its access techniques. 

Aluminium smelter partners now tackle offshore projects

21st November 2003 Well known for their successful implementation of aluminium smelter projects, SNC-Lavalin and Murray & Roberts have joined forces to tackle offshore oil and gas projects. 

SA’s offshore potential is still being mapped

By: Jill Stanford     21st November 2003 Since South Africa opened its offshore areas to international investors in 1994, seven exploration leases and eight technical cooperation agreements have been signed. 

Gas could fill crucial energy gap – report

21st November 2003 THE discovery of the vast gasfield off the West Coast could provide the short-term answer to South Africa’s power generation problems, a report from the Cape Town Regional Chamber of Commerce and Industry claims. 

Oil: the third scramble for Africa is under way

By: Jill Stanford     21st November 2003 The great powers, mid-range states, African polities and the corporate oil interests of global, regional and local players are all vying for position, privilege and ascendance, a Global Pacific & Partners report on The Third Scramble for Africa written by chairman and CEO Dr Duncan Clarke claims. 

Heavy metal fight

By: nkolola halwindi     7th November 2003 Additive manufacturer and supplier Ethyl Corporation has refuted recent media reports alleging that the organic metallic compound methylcyclopentadienyl manganese tricarbonyl (MMT) causes damage to vehicles components, indicating that the reports are untrue and unsubstantiated. 

IFC approves investments in Caspian oil projects

6th November 2003 The International Finance Corporation, the private sector arm of the World Bank Group, yesterday approved investments in the Azeri-Chirag-Deepwater Gunashli (ACG) Phase 1 oilfield and the Baku-Tbilisi-Ceyhan (BTC) pipeline. 

Experts to promote LPGas at SA event

4th November 2003 International liquid petroleum gas (LPGas) experts will be hosting a conference in the Western Cape on November 10, in a drive to get the clean, affordable fuel into poorer homes throughout the country. 

SA oil explorer to accelerate drill programmes

4th November 2003 South African-based oil and gas exploration and production company Energy Africa yesterday reported sustained production levels and continued cash generation for the six months ended September 30, 2003. 

Exxon finds two new wells in Angola's Block 15

3rd November 2003 ExxonMobil Corporation has made two new oil discoveries in deepwater Block 15 offshore Angola, its Angolan affiliate Esso Exploration Angola (Block 15) and state oil firm Sonangol said at the weekend. 


By: Martin Creamer     31st October 2003 Sasol Oil intends modelling its retail fuel brand on that of the highly-successful US QuikTrip, Engineering News can today report. 

Vision for petroleum company of future

By: Martin Creamer     31st October 2003 An enlightened approach to business processes with enabling technologies can dramatically improve downstream company competitiveness. 

Mlambo-Ngcuka’s natural-gas prayer

By: Terence Creamer     24th October 2003 Minerals and Energy Minister Phumzile Mlambo-Ngcuka’s nightly prayer goes something like this: “Thank-you God for this day, and please let us find more natural gas”. 

PetroSA to co-sponsor ‘Oil Olympics’

By: Martin Czernowalow     24th October 2003 South Africa’s national petroleum agency, PetroSA, said yesterday it would host and cosponsor the 18th World Petroleum Congress (WPC) in September 2005. 

'Africa to supply 20% of world oil by 2010'

24th October 2003 Nearly 20% of global oil consumption will be sourced from sub-Saharan Africa by 2010, a senior ChevronTexaco official said on Wednesday. 

Post-war growth pushes Angola’s fuel demand

21st October 2003 Demand for petroleum products in Angola should grow five-fold over the next ten to 20 years as the oil-rich country rebuilds its economy after decades of war, a top Angolan industry official said yesterday. 

Countering filter contaminants

By: Steven Chiaberta     17th October 2003 Many filters are prematurely blocked because of problems associated with water contamination. ?This is the view of hydraulics director Philip Johnson of the multinational filter technology company Donaldson. 

Malawi seeks partners for oil exploration

By: Marcel Chimwala     17th October 2003 Malawi – The Malawian government is scouting for foreign companies or agencies to join hands with it to carry out an exploration exercise for oil and other gases in the Lake Malawi and lower Shire Valley area. 

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