R/€ = 16.87 Change: -0.02
R/$ = 15.72 Change: -0.02
Au 1852.55 $/oz Change: 4.51
Pt 951.00 $/oz Change: 3.50


German torch test yields positive results

By: candice haase     4th October 2002 A local supplier of welding equipment has tested a German torch at a local automotive manufacturer with success. Johannesburg-based Weld-Cut Equipment, which has the exclusive right to distribute Team Binzel Industries (TBI) torches to the South African market has had positive feedback from the... 

Local company manufactures semiautomatic armature welding machine

By: candice haase     4th October 2002 To cut the costs associated with importing overseas manufactured semiautomatic armature welding machines, state-owned rolling-stock company Transwerk’s Cape Town operation commissioned Argon Arc Welding Supplies to design and manufacture a tungsten inert gas (Tig) armature welding machine... 

R45m project to implement value-added customer service

By: candice haase     4th October 2002 Over the last year, Afrox has been developing and implementing a value-added service for selected large customers in the welding and cutting industry. 

Gas-cutting machine designed, manufactured for steel giant

4th October 2002 A local company is designing and manufacturing a portal gas-cutting machine to meet the specific requirements of Iscor Vanderbijlpark. 

New range of gases for welding applications

By: candice haase     4th October 2002 Using the formula developed and commercialised by its US-based parent company Air Products South Africa introduced its new range of premier gases for welding applications, called Maxx Gases, to the local market at the beginning of this month. 

Gas key to iron project's success

By: Deborah Spicer     4th October 2002 The decision as to whether Mintek’s hot-briquetted iron (HBI) project should be located in Saldanha Bay or in Kathu, formerly known as Sishen, is being negotiated at present, reports president and CEO Paul Jourdan. 

Nigeria to export 25m t/y LNG by 2008

3rd October 2002 Africa's top oil exporter, Nigeria said on Tuesday it would start exporting more than 25-million metric tons a year of liquefied natural gas (LNG) in 2008, when it hopes to end gas flaring. 

Chinese oil firm awarded $525m Algeria field

3rd October 2002 The Algerian government on Tuesday awarded a $525-million crude oil development field to the Chinese company Sinopec, the official Algerian news agency APS reported. 

SA petrochemical firm in Germany pipeline deal

2nd October 2002 German chemicals group BASF said on Monday it and Sasol Germany had acquired a third of ethylene pipeline company ARG, which oil major BP was obliged to sell for antitrust reasons. 

Oil giant strikes oil off Angola’s coast

30th September 2002 The largest publicly traded oil company, Exxon Mobil, on Thursday said it struck oil in the deep-waters off the coast of Angola, which has become one of the world's top exploration sites 

Aviation firm renews R300m contract with oil-spill groups

30th September 2002 Specialist value-added aviation leasing company in the Imperial Holdings group, Safair, has successfully renewed a contract valued at R300-million 

Crude traders await W Africa tenders

30th September 2002 Trade in November West African crude was stalled on Thursday, as dealers said they were awaiting the results of tenders before embarking on serious discussion of the new programmes. 

China flexes muscles in urgent quest for oil

26th September 2002 China's rising oil imports and a reliance on Middle East crude are forcing it to hunt for more diverse suppliers and step up plans for a strategic oil reserve. 

Africa key in US oil diversification drive

25th September 2002 As fears of a war in Iraq deepen unease over US reliance on Middle East oil, Washington is mounting an energy diplomacy campaign to secure new supplies in Africa, the former Soviet Union and North America. 

China courtship of Mideast oil raises US guard

25th September 2002 Explosive growth in China's energy needs in coming years will pit it in deepening strategic competition for the world's resources with current consuming giant, the US, analysts said. 

Explorer seeks more oil in Mauritania

25th September 2002 Woodside Petroleum said on Monday it had detected promising signs of oil near its original Chinguetti oil well joint venture, off the coast of Mauritania. 

Gas could rise to 7% of SA's energy mix in a decade

By: Keith Campbell     20th September 2002 THE contribution of natural gas to South Africa’s thermal energy supply could increase significantly over the next 10 to 12 years, from the present 2% to 7%. 

Many rope products for various markets

By: candice haase     20th September 2002 A product designed by Johannesburg-based wire rope, sling and chain supplier and manufacturer Rope Constructions, has been widely used in the mining sector for the last three years. 

E Guinea plans to cap oil output

20th September 2002 Equatorial Guinea plans to boost oil output to 300 000 barrels per day (bpd) and cap it there through 2003 and 2004 to prolong reserves, a move that could raise objections from three major US oil firms working there, the nation's oil minister said on Wednesday. 

Oil giant puts five Chad oil rigs to work

19th September 2002 Oil giant ExxonMobil has put to work all five oil rigs earmarked for drilling in the environmentally sensitive Chad project in West Africa, a company spokeswoman said. 

Petroleum giant awards R100m contract to BEE group

18th September 2002 Petroleum giant Engen yesterday announced the awarding of a R100-million contract to Rheem SA – a Durban-based drum manufacturer – for the exclusive supply of oil drums to Engen’s Lubricant and Oils Blending Plant. 

US backing for gas-linked projects

17th September 2002 A US aid agency and a US oil company have signed a R13,65-million deal to fund a feasibility study into gas exploitation in South Africa. 

World Bank backs Chad-Cameroon oil pipeline

17th September 2002 The World Bank's board of directors gave its stamp of approval for the bank to back a controversial oil pipeline between Chad and Cameroon, despite an internal report suggesting it was harming the environment and missing other objectives. 

Oil refineries at R10b juncture

By: Irma Venter     13th September 2002 The South African oil refinery industry is at a cross-road – refineries will have to spend about R10-billion before January 2006 to convert to technology that will enable them to change their entire production of leaded petrol to unleaded petrol and produce low-sulphur diesel; or face... 

R50-million project to reduce emissions

By: Irma Venter     13th September 2002 The Durban-based Engen refinery plans to spend about R50-million next year to install the most modern technology to reduce particulate emissions from its fluidised catalytic cracker (FCC) unit. 

R500m project spend yielding results for Cape Town refinery

By: Helene Le Roux     13th September 2002 Oil company Caltex’s refinery is located at Milnerton, Cape Town, in the Western Cape. 

Refinery undergoing an expansion project

13th September 2002 Commissioned in 1971, the National Petroleum Refiners of South Africa (Natref) refinery at Sasolburg, Free State is said to be at the cutting edge of refining technology since its inception. 

Finding solutions to oil refinery problems

By: Helene Le Roux     13th September 2002 Oil refineries produce fuels, lubricants, bitumens, wax, sulphur and chemical plant feedstocks from crude oil. 

Empowerment companies not represented sufficiently in upstream activities, says Amef

By: Irma Venter     13th September 2002 The Liquid Fuels Empowerment Charter states that access to refining capacity represents a key weakness in black economic empowerment (BEE) companies’ supply chain. 

Diesel production is set to rise

By: Helene Le Roux     13th September 2002 The price of crude oil directly impacts on the retail price of refined fuels and influences the demand for refined fuels. 

Refinery in multimillion-rand drive to enable lead phase-out

By: Helene Le Roux     13th September 2002 The Sapref oil refinery will invest between R500-million and R1-billion to phase out lead in the petrol it produces. 

Infrastructure upgrade project is completed

13th September 2002 Honeywell has completed a ten-month Hiway infrastructure upgrade project at the East Refinery of Sasol Synfuels’ operations at Secunda, Mpumalanga. 

Corrosion engineering systems now on offer

13th September 2002 Systems supplier Steuler Africa provides a complete line of corrosion engineering solutions for the protection of concrete and steel structures in refineries, including ceramic, brick and tile linings, resinous membranes, liquid sheetings, coatings, monolithic toppings and anchored plastic sheet... 

Company to produce oil offshore of South Africa

13th September 2002 When commercial production starts in the Sable oil field at the end of this year, Pioneer Natural Resources South Africa says it will become the first internationally based oil and gas exploration and production company to produce oil and gas offshore South Africa. 

A decade of expertise in the petrochemicals industry

13th September 2002 Over the past decade, Stefanutti & Bressan has built on the experience it gained in the heavy civil engineering field while building bridges and freeways, to expand successfully into the petrochemical, sugar, marine and mining industry. 

50% reduction on fuel bill possible

13th September 2002 Using heavier oils can halve the fuel bill of some industries, but these oils have to be pre-heated to ensure proper firing conditions. 

An environmental study shows negligible impact on groundwater

13th September 2002 Concern for the protection of the environment at the Caltex refinery in Milnerton, Cape Town, is leading to action to ensure the environment is not being contaminated by refinery operations. 

Turning low-value hydrocarbons into industrial heating fuels

13th September 2002 Innovative technology and a niche-marketing philosophy have put it at the forefront of environmental solutions in the waste oil industry, says FFS Refiners. 

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