R/€ = 17.40 Change: -0.19
R/$ = 15.00 Change: -0.16
Au 1786.77 $/oz Change: -13.73
Pt 1020.00 $/oz Change: -34.00


Australia in line for gas-to-liquids project

12th March 2002 South African petrochemical giant Sasol has announced Australia as the destination of its third gas-to-liquid (GTL) project. 

West Coast oil development a boon for SA

11th March 2002 The rapidly-developing oilfields off the West Coast of Africa have opened up huge opportunities for steel and engineering companies in the Western Cape and South Africa. 

Malawi, Moz plan joint fuel procurement

By: Marcel Chimwala     8th March 2002 Malawi and Mozambique are discussing plans to extend their fuel storage facilities at the Mozambique Indian Ocean Port of Beira. 

$2,7bn approved for Nigerian gas project

6th March 2002 Shareholders gave Nigerian Liquefied Natural Gas (NLNG) approval to proceed with a $2,7-billion expansion of its Bonny Island liquefied gas plant, officials said. 

Nigeria sets $176m oil spill fine

5th March 2002 Nigeria said oil tankers or production companies responsible for oil spills in its territorial waters could face a fine of up to $176-million. 

Energy groups targeting remote areas of globe

1st March 2002 Natural gas isolated in the remotest corners of the world is the target for energy companies desperate to meet booming global demand. 

SA petchem firm join West Coast gas search

27th February 2002 South African energy firm Sasol has received formal approval to look for natural gas off the country’s west coast, joining a list of firms keen to tap into a potential gas market. 

Nigerian moves to cure 'Enronitis'

25th February 2002 Nigerian Liquefied Natural Gas is close to signing new contracts to replace a deal it had with Enron to lift almost half of the gas produced from two new liquefied natural gas (LNG) plants, a company official said. 

Faulty gas regulators dumped on local market

By: Irma Venter     22nd February 2002 The Department of Labour (DoL), in conjunction with the Liquified Petroleum Gas Association of Southern Africa (LPGASA), have issued a prohibition notice on Jumbo Cash & Carry, preventing the retail group from distributing or selling GS Sound liquified petroleum (LP) gas regulators. 

Another gas-to-liquids project proposed for Qatar

22nd February 2002 A letter of intent has been signed by Qatar Petroleum and Shell International Gas to study the development of a gas-to-liquids (GTL) scheme to link with the North Field upstream project. 

Nothing crude about crude business

By: Philip Lloyd     22nd February 2002 Some of my best friends are oil boilers. It is an unlikely way of making a living, but boil enough oil, and the living can be quite good. 

High hopes for oil finds in deep-sea lease area

22nd February 2002 South African offshore oil exploration company Global – an affiliate of Global Energy of the US – has been the awarded a prospecting sublease agreement for block 3B/4B by South Africa’s Ministry of Minerals and Energy and the Petroleum Agency of South Africa. 

Resources giant invest $100m in Gulf of Mexico pipeline

21st February 2002 Resources giant BHP Billiton said it would invest $100-million in a pipeline system in the Gulf of Mexico to ship oil and gas from the ultra-deepwater Atlantis and Mad Dog fields. 

SA’s gas masterplan unfolding

19th February 2002 Minerals and Energy Minister Phumzile Mlambo-Ngcuka unveiled a three-stage vision in the development of the South African gas industry during her briefing to Parliament last week. 

State oil merger to be completed soon

15th February 2002 The merger of synfuel producer Mossgas, upstream petroleum company Soekor Exploration and Production (E&P) and elements of the Strategic Fuel Fund (SFF) into a new South African national petrochemical company called PetroSA will be complete in the second quarter of this year. 

Underground lubrication goes mobile

15th February 2002 Lubrication equipment specialist IMS Industrial Products (IMS), in conjunction with Specpro Projects and Caltex Oil South Africa, has developed a mobile lubricant-dispensing unit for underground equipment, designed to increase efficiency and reduce downtime. 

R145m-deal for recovery of used oil

15th February 2002 A R145-million-deal has been signed between the Rose Foundation and Oilkol to ensure the collection of more than 200-million litres of used-oil in the next five years. 

Black gold brimming with black empowerment

By: nkolola halwindi     15th February 2002 Black economic empowerment (BEE) within South Africa’s lucrative oil industry will be pervasive, and will not merely involve a minority equity stake by black shareholders, predicted the South African Petroleum Industry Association (SAPIA) in its yearly report published late last year. 

Heavy-loaded gear lubricant launched

By: nkolola halwindi     15th February 2002 Lubrication product and service specialist Geared Lubricants, of Johannesburg North, which is jointly owned by oil company Mobil and the Bafokeng Nation, is now the supplier of the Petron Corporation’s gear shield ‘NC’ and ‘NCW’ products for the lubrication of... 

Petrochem giant unveils all-purpose oil

By: nkolola halwindi     15th February 2002 A subsidiary of petro-chemical giant Sasol, Sasol Oil, has launched the Sapphire 15W-40 oil, an oil for naturally aspirated and turbo-charged petrol and diesel engines. 

Getting to grips with grease

15th February 2002 Grease and grease lubrication is all but forgotten by many plant engineers. Few lubricant suppliers have staff skilled enough to understand the technology of the mechanical equipment being lubricated with grease as well as the grease technology, says lubrication consultant Simon Norton. 

Expanded synthetic-lubricants range

15th February 2002 One of the leaders in synthetic lubricant technology Habot, of Krugersdorp, in Gauteng, has launched a range of priced-for-performance synthetic lubricants based on the world wide-accepted group III base-fluid technology. 

Affiliation of SA/US tribology institutions

15th February 2002 The South Africa Institute of Tribology (SAIT) will be signing an agreement with the US Society for Tribologists and Lubrication Engineers (STLE), which will result in the two associations becoming affiliates. 

Heavy-vehicle diesel multigrade

15th February 2002 An advanced high-performance SAE 15W/40 diesel multigrade has been launched by Engen for the heavy-vehicle market. 

Oil extends diesel-engine drainage intervals

By: nkolola halwindi     15th February 2002 Leading manufacturer of automotive lubricants Caltex has launched the Delo 400 multigrade, a diesel and gasoline oil intended to extend oil-drain intervals. 

Cape's gas prospects improve on deal

14th February 2002 The South African Government’s Department of Minerals and Energy and Shell International Gas, represented by Shell South Africa, announced the signing of a letter of intent for developing a sustainable natural gas industry in the Cape Provinces of South Africa. 

SA awards global group deep-sea oil prospecting licence

13th February 2002 Global Offshore Oil Exploration South Africa, a wholly-owned affiliate of Global Energy Holdings, has announced the formal approval of its prospecting sublease Agreement for block 3B/4B from the Ministry of Minerals and Energy and the South African Agency for Promotion of Petroleum Exploration... 

Nine oil, gas blocks on offer in Algeria

11th February 2002 Algeria is offering nine onshore oil and gas exploration blocks for licence auctions this week, energy and mining ministry officials said. 

SA opens to deep-sea oil, gas explorers

By: Jill Stanford     8th February 2002 Exploration of the potentially oil-rich deepwater off the West Coast of South Africa has begun. 

Jhb gas utility awaits arrival of Moz gas

By: Joanne Delaurentis     8th February 2002 South Africa’s first gas sector utility privatisation is bearing fruit, reports Egoli Gas CEO, and Cinergy Global Power business development director for Africa Kevin Chapman. 

Consolidation set to fuel competition

By: Joanne Delaurentis     8th February 2002 The imminent consolidation of two of the main participants in the South African gas industry is expected to benefit gas customers by better positioning the new company to compete in the gas market, says Southern Africa Compressed Gases Association (SACGA) general secretary Albert Spencer. 

Home-care oxygen therapy

By: Joanne Delaurentis     8th February 2002 A new range of oxygen therapy solutions for the home care market was launched by Oxy-Gen Respiratory Systems last month, reports MD Melanie McGregor. 

Weak rand bolsters optimism for SA gas exports

By: Joanne Delaurentis     8th February 2002 South Africa’s Air Products remains optimistic in the wake of the weakening rand, with the view that exporting companies should see the current exchange rate as a growth opportunity that needs to be capitalised on. 

GTL contract is awarded

8th February 2002 A front-end engineering and design contract for a gas to liquids (GTL) project, based in Ras Laffan Industrial City, Qatar, has been awarded to Foster Wheeler Energy. 

Jhb shopping malls rely on gas

8th February 2002 Piped-gas supplier to about 13 000 end-users in the Johannesburg region, Egoli Gas, is actively supporting both the low-scale, informal industry as well as shopping centres and up-market developments like Melrose Arch, a security residential and retail complex in Johannesburg North. 

Future with gas-powered fuel-cells

8th February 2002 Small gas-powered fuel cells or microturbines in homes and offices are the way of the future for efficient, environmentally-friendly power generation, according to Australia's Commonwealth Scientific and Industrial Research Organisation (CSIRO) Energy Technology chief, Dr John Wright. 

Two African JVs for SA gas supplier

8th February 2002 Late last year Southern African gas supplier Afrox expanded its distribution network for the supply of liquified petroleum gas (LPG) by entering two joint-venture agreements in Mozambique and Madagascar. 

Gas system installed in Moz heart hospital

8th February 2002 Southern African gas supplier Afrox has commissioned a turnkey gas installation at Mozambique’s new Instituto do Cora 

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