R/€ = 17.03 Change: -0.10
R/$ = 14.67 Change: -0.06
Au 1765.75 $/oz Change: -20.83
Pt 1039.50 $/oz Change: -19.00


Gas moisture level analyser

8th February 2002 The new Model 3050-OLV Process Moisture Analyser from Ametek measures trace levels of moisture in a gas through the use of a quartz-crystal oscillator sample cell. 

Gas Bill promulgation in the air

By: Joanne Delaurentis     8th February 2002 One of the determining factors for an investment decision by potential foreign investors in any industry is the legislation regulating that industry, observes Egoli Gas chairman CEO Kevin Chapman. 

Gas safety seminar

8th February 2002 Senior Engineers from the gold and platinum mining industry have recognised that there are safety concerns relating to the maintenance and use of industrial gas equipment. 

Gas safety system protects Durban mall

8th February 2002 Fuelling the trend towards enhanced gas safety in large shopping centres, Durban's new R1,4-billion retail development, Gateway, developed by Old Mutual Properties, has been equipped with the advanced gas-leakage detection and alarm system from SureGas, of Cape Town. 

$40m oil exploration project for Morocco

7th February 2002 Morocco’s oil refiner, Samir, will invest up to $40-million in oil exploration in the coming years, a senior company official said. 

Gas demand to double in 30 years

6th February 2002 World gas demand will double over the next 30 years, helped in particular by growth in gas fired generation, but gas reserves are becoming increasingly remote from major markets. 

Algeria aims to raise gas exports to Europe

4th February 2002 Algerian State-run oil and gas giant Sonatrach aims to boost natural-gas exports to Europe by 41% to reach 85-billion cubic metres (bcm)a year by 2010, senior company officials said. 

Oil firm hopeful of peace in Sudan

1st February 2002 A ceasefire covering all of Sudan, Africa’s largest country, ravaged by civil war for two decades, could be in place soon, oil company Lundin Petroleum, which has drilling operations there, said. 

Big gas acquisition finished

30th January 2002 The world leader in industrial and medical gases and related services, Air Liquide, announced that the South Africa Competition Commission has approved its acquisition of Fedgas, a subsidiary of German group Messer. 

Letter of intent for R1,7bn gas pipeline

28th January 2002 A letter of intent has been issued by Sasol today to the Grinaker-LTA, McConnell Dowell and CCIC Consortium for the engineering and design, procurement management, construction and commissioning of the gas pipeline from Mozambique to South Africa. 

Gas pipelines gain prominence in SADC

By: Deborah Spicer     25th January 2002 The potential is great for Hall Longmore to expand its influence in the gas-pipeline industry which is becoming increasingly important in the Southern African Development Community (SADC) and elsewhere. 

Gas's growing popularity

25th January 2002 Natural gas is fast becoming the world’s more desirable source of future hydrocarbons and will play a far more important role in the global energy mix. Reason being that the globe has abundant reserves of natural gas, and the extent of known reserves is increasing as exploration continues... 

Seismic surveys for West Coast gas

25th January 2002 A Cape Town firm has been appointed to compile the environmental management programme reports for seismic surveys and prospect well drilling for gas exploration projects off the West Coast of South Africa. 

Commercial gas deal signed

25th January 2002 The upstream oil and gas industry in Africa is an exciting market that many are targeting, but there are few indigenous African participants. 

New technology needed to monetise natural gas

25th January 2002 There is increasing pressure on the energy industry from governments, environmental organisations and the public to reduce pollution, which includes the gaseous and particulate emissions traditionally associated with conventional petrol- and diesel-fuelled vehicles. 

Managing the risks of natural gas

25th January 2002 “While natural gas is made up of 92% flammable methane it is a relatively safe gas if associated risks are managed properly,” says Martin Peet of Sasol at a conference held in Midrand at the end of last year. 

Tunisia signs oil development deal with Iraq

24th January 2002 Tunisia has signed an agreement with Iraq to develop an oilfield near the southern Iraqi province of Najaf. The agreement was signed by Iraq’s oil minister Amir Muhammed Rasheed and visiting Tunisian industry minister Moncef Ben Abdullah. “We have agreed to start development of... 

$275m Algerian oil, gas project

24th January 2002 Algerian State-run oil-and-gas firm Sonatrach granted a consortium of Italian oilfield equipment maker Saipem and French construction firm Bouygues a $257-million oilfield development project. Under the contract, the consortium will set up an 80 000 barrels per day processing train and an... 

Oil majors in big black-empowerment move

24th January 2002 Oil giants BP Southern Africa and Shell South Africa have awarded an oil-shipping contract worth a total R600-million to a black- empowerment firm. South African empowerment group Southern Tankers will ship oil and refined chemical products from the 168 000 barrels-per-day Sapref refinery in... 

Egypt clinches 20 yr deal to supply gas to France

23rd January 2002 Egypt made another push into the European gas market, its second in two years, with a 20-year deal to sell liquefied natural gas (LNG) to France. 

Angola oil consignment arrives in Durban

21st January 2002 Oil firm BP has sent the first major consignment of oil from the huge new Girassol field off Angola to its South African subsidiary, company officials said. BP Southern Africa spokesperson Keith Bryer said the one-million-barrel cargo would arrive in Durban on February 11 for processing by the... 

$94m needed to upgrade Kenyan refinery

21st January 2002 The Kenyan government requires $94-million to upgrade the Mombasa oil refinery, and has to decide whether to proceed with the project or to build a new refinery altogether. Energy Minister Raila Odinga said that this was the figure arrived at by a special study commissioned by the government.... 

R5bn spend to clean up fuel

By: Irma Venter     18th January 2002 The local oil refinery industry will have to invest between R4-billion and R5-billion to upgrade refineries as more stringent environmental requirements on petrol and diesel are coming into play in the next few years, says South African Petroleum Industry Association (Sapia) director Colin... 

R5bn spend to clean up fuel

18th January 2002 The local oil refinery industry will have to invest between R4-billion and R5-billion to upgrade refineries as more stringent environmental requirements on petrol and diesel are coming into play in the next few years, says South African Petroleum Industry Association (Sapia) director Colin... 

$700m investment planned for Moroccan refinery

18th January 2002 Moroccan oil refiner Samir will invest $700-million from June to upgrade its capacity and boost output, its chairperson, Abderrahman Saaidi, said. “To reinforce our position in the market as a leading oil refiner and diversify our activities, we decided to launch a $700-million investment... 

World gas summit for Algeria

17th January 2002 The energy ministers of top gas producing countries will meet in Algeria next month to exchange views and admit four new members to the recently-created Gas Exporting Countries’ Forum (GECF), energy officials said. The forum sprang to life last May when Iran hosted a gathering of officials... 

Land, deep water oil search in Gabon

16th January 2002 Oil firm Royal Dutch/Shell’s unit in Gabon said it was concentrating exploration efforts on land and in deep waters to cut an annual decline in production of 20%. Shell’s MD in the Central African country, Jean-Pierre Tallon, said the company’s production in Gabon could be... 

Canada to talk energy with Libya

15th January 2002 A Canadian government minister will pay a historic visit to the oil-rich North African State of Libya this week which could boost flagging trade ties and open the door to more investment by Canada’s energy companies. David Kilgour, Canada’s secretary of State for Latin America and... 

Nigeria invites oil refinery bids

14th January 2002 Nigeria has invited international bids from investors wanting to set up private refineries in the most far-reaching step towards liberalising its downstream oil industry. Presidential Adviser on Petroleum and Energy Rilwanu Lukman told a news briefing that there was no predetermined limit to the... 

Big power ambitions emerging in Algeria

11th January 2002 The construction of a $1,5-billion subsea pipeline to export gas to Spain and a viability study on the establishment of a trans-Mediterranean electricity export link to Italy are included in the Algerian Energy Company’s (AEC) plans for a portfolio of power projects for which it is looking... 

$7,5bn oil, gas investment plan for Nigeria

10th January 2002 A new five-year investment of $7,5-billion is being planned by Royal Dutch/Shell and its joint venture partners in Nigeria in the West African country’s oil and gas industry, company officials said. Much of the investment will go to Shell’s stake in new phases of the Nigeria Liquefied... 

Big Africa-to-Europe gas plan

9th January 2002 Nigeria and Algeria have signed a memorandum of understanding, which could see Nigerian gas being exported to Europe by pipeline. 

Nigeria opens doors to private refineries

9th January 2002 Nigeria will start the bidding to build independent oil refineries in the country on Thursday in line with its deregulation of the downstream oil industry, officials said. 

Compressed-air plant contract is awarded

14th December 2001 The turnkey contract for the expansion of the compressed-air plant at the Mozambique Aluminium (Mozal) near Maputo has been awarded to IST Industrial, part of the IST group. 

Southern Africa joins the big global 'dash for gas'

14th December 2001 The progress of upstream gas production technology as well as a developing downstream demand for gas in industry has got energy giants, such as Shell and BP, racing in a worldwide dash for gas. 

Southern Africa joins the big global 'dash for gas'

14th December 2001 The progress of upstream gas production technology, as well as a developing downstream demand for gas in industry, has got energy giants, such as Shell and BP, racing in a worldwide dash for gas. 

Nigerian gas power plants contract awarded

14th December 2001 Royal Dutch Shell unit Shell Petroleum Development Company of Nigeria said it had won two power projects in Nigeria worth a $540-million investment. Under the terms of the contract, awarded by Nigeria’s Nepa, Shell will take over existing assets in the Afam Power Plant, near Port Harcourt,... 

Egypt oil, gas firm in deal

14th December 2001 A deal has been signed by Shell Egypt to farm out 12% of its share in the North East Mediterranean Deepwater (Nemed) oil and gas block to a unit of Malaysian State-owned oil firm Petronas. “Shell Egypt Deepwater (SEDW) announced that they have signed an agreement whereby Petronas Carigali... 

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