https://www.engineeringnews.co.za
R/€ = 19.34 Change: -0.01
R/$ = 16.32 Change: 0.01
Au 1950.30 $/oz Change: -3.63
Pt 929.50 $/oz Change: -12.28
 

Oil & Gas News

Glencore admits deal to buy South African strategic crude oil reserves was invalid

By: Marleny Arnoldi     17th September 2020 The Strategic Fuel Fund (SFF) has reached an in-principle agreement with diversified miner Glencore to reverse the 2015 sale of South Africa's strategic crude oil reserves. Glencore has agreed that the sale of the three-million barrels of oil was invalid, after first challenging the matter with... 

Study points to increased cybersecurity risks for oil and gas companies

By: Schalk Burger     16th September 2020 International oil and gas companies are facing an increased risk of cyber-attacks and will need to change the way they approach risk management to reduce the impact of cyberthreats, a recent master study by Stellenbosch University political scientist Kayla Mc Ewan shows. She says that, by... 

Afrox manages healthy dividend, profit despite lower demand in H1 

By: Marleny Arnoldi     11th September 2020 Gas supplier African Oxygen (Afrox) has declared a dividend of 38c a share for the six months ended June 30. It also posted earnings before interest and taxes (Ebit) of R336-million and basic earnings a share of 77.8c.  

Afrox manages healthy dividend, profit despite lower demand in H1
Afrox's executives discuss its performance for the six months ended June 30

System available for transformer monitoring

11th September 2020 Pretoria-based industrial technology and solutions provider RTS Africa Technologies (RTS) has recently announced the increased availability of its Gen5 System, developed specifically for transformer oil dissolved gas analysis (DGA) for distribution transformer monitoring.  

System available for transformer monitoring
REDUCED RISK H2scan’s Gen5 transformer-specific hydrogen analyser provides real-time DGA

Sasol, Air Liquide enter into sales agreement for ASU business

By: Marleny Arnoldi     10th September 2020 Petrochemicals giant Sasol South Africa has announced that it and Air Liquide have concluded negotiations for the proposed R8.5-billion sale of Sasol’s air separation units (ASUs) at the company’s operations in Secunda and the parties have now entered into a sale of business agreement. Sasol... 

Global trading platform key to unlocking competitiveness of green hydrogen 

By: Terence Creamer     9th September 2020 International cooperation will be key to unlocking the competitive production of green hydrogen as global trade will be required to link those countries, such as South Africa, that are best suited to producing the energy carrier, using a combination of low-cost renewable energy, water and... 

Global trading platform key to unlocking competitiveness of green hydrogen

Sasol gives insight into its automation, digital journey

By: Simone Liedtke     9th September 2020 Implementing a digital transformation strategy is a “must”, rather than an option, and is driven by both external and internal forces, petrochemicals company Sasol Chemicals digital lead Oratile Sematle said on September 8. Speaking during an automation-themed webinar as part of this year’s... 

Sasol gives insight into its automation, digital journey

Sasol seeks carbon-utilisation solutions for South African operations 

By: Terence Creamer     4th September 2020 Energy and chemicals group Sasol has initiated a process through which it aims to identify potential partners for the development and demonstration of technologies that can utilise the carbon dioxide (CO2) produced at its South African operations as part of a broader strategy to lower its... 

Sasol seeks carbon-utilisation solutions for South African operations

Long-term demand structure for petroleum unclear

By: Darren Parker     4th September 2020 It is expected that the Covid-19 pandemic will continue to negatively affect liquid fuels demand in the short term, but whether this represents a long-term structural shift is not yet clear, says South African Petroleum Industry Association (Sapia) executive director Avhapfani Tshifularo. Before... 

Long-term demand structure for petroleum unclear
Photo by Adobe
NO NEED TO IMPORT Reduced demand will see South Africa becoming somewhat self-sufficient in terms of fuels production if all refineries are operational

Heavy equipment demobilised after project completion

4th September 2020 Heavy equipment lifting and transporting company Mammoet recently began demobilising equipment it had deployed at the Dangote Petroleum Refinery and Petrochemical complex in Lekki Free Zone, in Nigeria. The demobilising of the equipment began in July. 

Heavy equipment demobilised after project completion
BIG DELIVERIES The components for the refinery project consisted of multiple shipments delivered to the purpose-built Dangote Quay Lekki in Lagos

New proportioning system ideal for refineries

By: Darren Parker     4th September 2020 Fire-suppression systems developer FireDos launched the third generation (Gen III) of its foam proportioners for fire extinguishing systems globally at the end of last year. The technology has since been made available in South Africa through local partner and distributor DoseTech. The Gen III... 

New proportioning system ideal for refineries
A NEW GENERATION The Gen III foam proportioner can handle all types of foam agents, even highly viscous, alcohol-resistant and fluorine-free foam agents

Renergen completes LNG auction registration process

By: Simone Liedtke     2nd September 2020 Domestic natural gas and helium producer Renergen has completed the registration process for South Africa’s first liquefied natural gas (LNG) auction, with the number of registrations significantly exceeding expectations. The number of registrations demonstrate the inherent demand of the domestic... 

Renergen completes LNG auction registration process
CEO Stefano Marani

Petredec forms South African subsidiary after acquiring Jubane, Oilco

By: Marleny Arnoldi     1st September 2020 Liquefied petroleum gas (LPG) trading and shipping company Petredec has launched a subsidiary in South Africa called Petrefuel, after recently acquiring Empangeni-based fuels wholesaler Jubane Petroleum and fuels distributor Oilco last year. Petrefuel will operate alongside Petregaz, which is... 

Petredec forms South African subsidiary after acquiring Jubane, Oilco
Petredec group CEO Giles Fearn

Rig platform vessel arrives in Mossel Bay for gas drilling expedition

By: Tasneem Bulbulia     31st August 2020 Rig platform, the Deepsea Stavanger, arrived in Mossel Bay on August 21 ahead of its deployment to the Outeniqua Basin where it is scheduled to work on the next phase of the Luiperdpadda project. The basin is situated off the coast of Mossel Bay, where energy giant Total discovered gas condensate... 

Rig platform vessel arrives in Mossel Bay for gas drilling expedition
Deepsea Stavanger

Embracing digitalisation amid pandemic

28th August 2020 Over the past few years, member association South African Qualifications and Certification Committee for Gas (SAQCC Gas) has been gearing up to fully adapt to the Fourth Industrial Revolution (4IR), and the Covid-19 pandemic has not found the organisation unprepared. 

Environment-friendly catalysts reduce emissions

By: Theresa Bhowan     28th August 2020 High-performance catalyst manufacturer Clariant Catalysts has developed the EnviCat N2O catalyst, to remove nitrous oxide (N2O) and nitrogen oxide (NOx) gases almost entirely from the waste gases emitted by industrial plants. 

Environment-friendly catalysts reduce emissions
DR JONATHAN CHETTY N2O is a climate-changing gas, with an average life span of 114 years in the earth’s atmosphere

Regional developments expected to ignite South Africa’s gas economy

By: Natasha Odendaal     28th August 2020 There has long been discussions about the development of a gas economy having the potential to help transform the South African landscape and, despite the impact of the Covid-19 pandemic, about gas emerging as a game changer both in terms of its role in the country's energy transition and the new... 

Regional developments expected to ignite South Africa’s gas economy

Regulations, pricing a challenge for local LNG uptake

By: Theresa Bhowan     28th August 2020 Despite there being vast benefits to using liquefied natural gas (LNG) locally, natural gas producer Renergen tells Engineering News that regulations and pricing are impeding the growth of the LNG sector. 

Regulations, pricing a challenge  for local LNG uptake
RENEWING ENERGY Renewable energy is fast becoming more affordable

LPG upcoming in SA’s energy mix

By: Theresa Bhowan     28th August 2020 Liquefied petroleum gas (LPG) has an important role to play in the complete energy mix of South Africa – it is a clean-burning, sustainable and portable fuel, with further applications in water heating, space heating and cooking, says industry association and body the Liquefied Petroleum Gas... 

LPG upcoming in  SA’s energy mix
NIRVAN BRIJLAL The economic and environmental benefits of LPG emphasises its role as a key player in the local energy mix

LNG project should benefit SADC

28th August 2020 Untapped expertise in Southern Africa should benefit from the opportunities provided by the exploitation of the large liquefied natural gas (LNG) reserves discovered off the coast of northern Mozambique, says engineering, procurement and construction company Lesedi Nuclear Services project... 

IHS Markit says growth in world oil demand expected to plateau

By: Simone Liedtke     25th August 2020 London-based global information provider IHS Markit says the growth in global oil demand is expected to taper off, with global crude oil demand plateauing just below pre-pandemic levels. According to the company’s new analysis, global oil demand, currently at 89% of pre-Covid-19 levels and... 

Mauritius starts to scuttle Japanese oil-spill vessel

By: Reuters     21st August 2020 Mauritius said on Thursday it had started to scuttle the Japanese-owned bulk carrier that ran aground off its shores and spilled oil over pristine waters and fragile coral reefs. The MV Wakashio hit a coral reef off the Indian Ocean island on July 25 and began spilling oil on Aug. 6, prompting... 

Mauritius starts to scuttle Japanese oil-spill vessel
Photo by Reuters
A part of the MV Wakashio

Greenpeace condemns exploitation of yet another fossil fuel in South Africa  

By: Marleny Arnoldi     19th August 2020 Commenting on the arrival of Total’s oil and gas drill rig DeepSea Stavanger in Cape Town on August 12, environmental organisation Greenpeace Africa says the Department of Mineral Resources and Energy “needs to get its story straight”. “The claim is that the drilling aims to diversify South... 

Greenpeace condemns exploitation of yet another fossil fuel in South Africa

Mauritius arrests captain of Japanese oil spill ship

By: Reuters     19th August 2020 Mauritius has arrested the captain of a Japanese bulk carrier that ran aground off its coast, causing a devastating oil spill in one of the world's most pristine maritime environments, police said on Tuesday. The MV Wakashio struck a coral reef off the Indian Ocean island on July 25 and began... 

Mauritius arrests captain of Japanese oil spill ship

Six months set aside for merger of CEF’s oil and gas subsidiaries into ‘Newco’ 

By: Terence Creamer     18th August 2020 The process of merging the State-owned entities of PetroSA, Igas and the Strategic Fuel Fund (SFF) into an “integrated national petroleum company” will formally begin on September 1, with six months having been set aside for the creation of a Newco that is “commercially viable”. All three... 

Six months set aside for merger of CEF’s oil and gas subsidiaries into ‘Newco’
Photo by Creamer Media
The PetroSA GTL refinery in Mossel Bay

Sasol’s new-look strategy will seek to ‘reset’ group for low-carbon world 

By: Terence Creamer     17th August 2020 Embattled chemicals and energy group Sasol aims to officially unveil its new-look strategy, dubbed Future Sasol, later this year. It has already indicated, however, that the plan will seek to reposition the 70-year-old company, built around a highly carbon-intensive technology that converts coal... 

Sasol’s new-look strategy will seek to ‘reset’ group for low-carbon world

Sasol will execute rights issue in 2021 calendar year as it refines ‘ticket size’ 

By: Terence Creamer     17th August 2020 Debt-laden chemicals and energy group Sasol confirmed on Monday that it was preparing to execute a rights issue during the second half of its 2021 financial year, despite reporting that it was on track to deliver disposals of greater than $2-billion and exceeding its initial cash conservation... 

Sasol will execute rights issue in 2021 calendar year as it refines ‘ticket size’
Photo by Creamer Media's Donna Slater
Sasol CEO Fleetwood Grobler

Oil spill puts five-decade Mauritian fisher family in a bind

By: Bloomberg     17th August 2020 It may take a decade to restore a delicate ecosystem in Mauritius after a bulk carrier ran aground and spilled oil into the island nation’s pristine waters. Some fishermen fear they may never get their lives back. The vessel that left Mauritius almost helpless after it spilled 1 000 t of fuel oil... 

Japanese shipping company says Mauritius government has requested compensation

By: Reuters     14th August 2020 The Japanese shipping company that owns the bulk carrier that struck a coral reef off of Mauritius and leaked some 1 000 t of oil said the government of Mauritius had requested compensation. Nagashiki Shipping also said in a statement that the cause of the incident was still not known and would... 

Japanese shipping company says Mauritius government has requested compensation

SANEDI, MDA work together to support South African mineworkers

By: Simone Liedtke     13th August 2020 The South African National Energy Development Institute (SANEDI) and the Mineworkers Development Agency (MDA) have signed a partnership agreement that will result in them collaborating to bring relief to the country’s former mineworkers and their communities in the wake of mine closures and the... 

Total oil, gas drill rig arrives in Cape Town

By: Marleny Arnoldi     12th August 2020 Mineral Resources and Energy Minister Gwede Mantashe has welcomed the arrival of the DeepSea Stavanger oil and gas drill rig, in Cape Town, which has been commissioned by petrochemicals company Total. Total and its partners will drill the Luiperd prospect in Block 11B/12B off the Mossel Bay... 

Why so much world trade passes Mauritius’s pristine beaches

By: Bloomberg     12th August 2020 The bulk carrier Wakashio was 11 days into a month-long voyage to Brazil when it hit a reef off Mauritius causing it to spill fuel into the island’s crystal clear waters, endangering baby turtles and unique plants in a nearby nature reserve. Given the vastness of the Indian ocean, why was the... 

Sea life around Mauritius dying as Japanese tanker oil spill spreads

By: Reuters     12th August 2020 Mauritian volunteers fished dead eels from oily waters on Tuesday as they tried to clean up damage to the Indian Ocean island's most pristine beaches after a Japanese bulk carrier leaked an estimated 1 000 t of oil. The ship, MV Wakashio, owned by Nagashiki Shipping and operated by Mitsui OSK... 

Sea life around Mauritius dying as Japanese tanker oil spill spreads
Photo by Reuters
The MV Wakashio which struck a coral reef on Mauritius' southeast coast is leaking oil

Sasol warns of dramatic earnings collapse as it confirms R112bn impairment

By: Terence Creamer     11th August 2020 Chemicals and energy group Sasol warned of a dramatic collapse in its 2020 financial performance on Tuesday, confirming that losses for the period would represent a deterioration of more than 100% when compared with results reported for the 2019 financial year. The decline, the company told... 

Sasol warns of dramatic earnings collapse as it confirms R112bn impairment

DBSA gears up to fill Covid-induced municipal funding gaps 

By: Terence Creamer     7th August 2020 Development Bank of Southern Africa (DBSA), which recently disbursed loans worth R4.5-billion to two Gauteng metropolitan councils to support ongoing infrastructure delivery amid coronavirus-induced liquidity constraints, reports that it is gearing up to support several other municipalities to... 

DBSA gears up to fill Covid-induced municipal funding gaps
Mohan Vivekanandan

Reduced oil, oil product demand to last for six months – Absa

By: Simone Liedtke     4th August 2020 The current reduced demand for oil and refined products as a result of national lockdowns in South Africa and across sub-Sahara Africa could persist for at least six months, Absa Corporate and Investment Banking (CIB) natural resources head Shirley Webber says. She explains that national... 

Renergen spuds first well as expected

By: Simone Liedtke     3rd August 2020 The drill rig at emerging natural gas and helium producer Renergen’s Virginia gas project production hub, in the Free State, is preparing to spud the first well in the programme. The upcoming programme of inclined wells target the gas productive fracture systems at the project. 

1
2 3 4 5 6 7 8 9

Latest News

more

 

Latest Videos

more

Research Reports

Topics In These Articles

RSS Feed

About

Engineering News is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Mining Weekly
Research Channel Africa
Polity

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on Engineering News is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options
Free daily email newsletter Register Now
Register Close