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Oil & Gas

Sasol CEO Fleetwood Grobler
Sasol prioritising coal de-stoning investment as it seeks to allay fears over big Secunda output dip
Updated 5 hours ago By: Terence Creamer

Energy and chemicals group Sasol has moved to address investor concerns that its yearly production at Secunda will need to fall to only 6.7-million tons for it to meet its goal of reducing the... 


OATC representative Gary Concar
OATC celebrates tenth anniversary, highlights importance of offshore safety
23rd February 2024 By: Sabrina Jardim

The Offshore Africa Training Centre (OATC), in Cape Town, in the Western Cape, celebrated its tenth anniversary on February 22 and introduced a new survival training course. As South Africa moves... 


Europe, Africa oil markets tighten, lending support to futures
23rd February 2024 By: Reuters

Red Sea shipping delays and Opec+ supply cuts are tightening physical oil markets in Europe and Africa as well as the Brent crude market structure, lending further support to oil futures prices,... 


MOZAMBIQUE-SECUNDA PIPELINE
Rompco operates the 865 km pipeline linking Mozambique’s gas fields to markets in Mozambique and industrial operations in Secunda
Pipeline progress enhances Southern Africa’s energy market, capacity
16th February 2024 By: Simone Liedtke

Gas is a key enabler for economic growth and social development in the Southern Africa region, and a cleaner alternative to fossil fuels, says joint venture (JV) Republic of Mozambique Pipeline... 


TotalEnergies CEO Patrick Pouyanne
TotalEnergies CEO says IMF debt rules hobbling African green energy projects
15th February 2024 By: Reuters

Renewable energy investments in Africa are being hobbled by insufficient government loan guarantees, as the International Monetary Fund keeps a tight leash on country indebtedness, TotalEnergies... 


Africa’s biggest oil and gas finds are doing little for economies at home
12th February 2024 By: Bloomberg

The last thing Senegal needed in its long-drawn-out effort to capitalize on large oil and gas finds off its coast was political turmoil. Africa’s newest natural gas superstar had bubbled with... 


Sasol Secunda
Sasol warns of lacklustre interim results amid volatile macroeconomic environment
9th February 2024 By: Darren Parker

Energy and chemicals company Sasol has attributed its “underwhelming” upcoming financial results for the six months ended December 31, 2023, to continued volatility in the macroeconomic... 


The above image depicts an item that has been surrounded in a preservation material to prevent corrosion
Supplier outlines corrosion challenges for long-lead items
9th February 2024 By: Lynne Davies

Oil and gas facility owners and operators face numerous challenges regarding effective corrosion protection that can directly impact on their operating a profitable, safe and compliant facility,... 


Families call for increased efforts to release two SA engineers arrested in Equatorial Guinea a year ago
6th February 2024 By: Tasneem Bulbulia

February 9 will mark one year since two South African engineers, Frederik Potgieter (54) and Peter Huxham (55) - the latter a dual South African/UK citizen - were detained in Equatorial Guinea on... 


Mahlako Gas Energy invests in Tetra4 after it secures onshore petroleum licence
6th February 2024 By: Schalk Burger

Gas asset investment company Mahlako Gas Energy (MGE) has concluded its investment in Tetra4, which holds South Africa’s first onshore petroleum production licence. MGE, which now holds a 5.5%... 


petrol pumps
Petrol, diesel prices to go up by more than 70c/ℓ on Wednesday
6th February 2024 By: Darren Parker

Both 93 and 95 unleaded petrol (ULP) and lead replacement petrol (LRP) are going to cost an additional 75c/ℓ from February 7. The cost of diesel is also going to increase. For 0.05% sulphur diesel,... 


A container ship passing an oil platform near the Suez Canal
Europe, Africa crude market tightens on Red Sea disruptions, China demand
22nd January 2024 By: Reuters

The Brent crude market structure and some physical markets in Europe and Africa are reflecting tighter supply resulting partly from concern about shipping delays due to vessels avoiding the Red... 


Minister of Mineral Resources and Energy Gwede Mantashe
Revived gas bill has scant chance of making it through Parliament
22nd January 2024 By: News24Wire

Minister of Mineral Resources and Energy Gwede Mantashe re-published the Gas Amendment Bill on Friday for public comment despite the scant hope that it will be processed before Parliament dissolves... 


Sapia chairperson Seelan Naidoo
Sapia appoints Seelan Naidoo as new chairperson
17th January 2024 By: Schalk Burger

Petroleum industry organisation the South Petroleum Industry Association (Sapia) has appointed Seelan Naidoo to succeed outgoing chairperson Hloniphizwe Mtolo as chairperson. Naidoo, who will serve... 


A Shell signpost
Shell to exit Nigeria's onshore oil after nearly a century
16th January 2024 By: Reuters

British energy major Shell has agreed to sell its Nigerian onshore oil and gas subsidiary in Nigeria to a consortium of five mostly local companies for up to $2.4-billion, after nearly a century of... 


Dangote's new oil refinery in Nigeria
Nigeria's Dangote refinery starts production after years of delays
15th January 2024 By: Reuters

Nigeria's Dangote oil refinery has begun producing diesel and aviation fuel, the company said on Saturday, after years of construction delays at the 650 000 bl/d plant. The refinery, Africa's... 


The Port of Richards Bay, which is currently a coal export hub, has been earmarked for gas infrastructure
Preferred bidder selected to build and operate Richards Bay LNG terminal
10th January 2024 By: Terence Creamer

South Africa’s State-owned Transnet National Ports Authority (TNPA) has announced that it has selected a public-private consortium as the preferred bidder to develop and operate a liquefied natural... 


OPITO-approved survival courses launched locally, 10-year anniversary celebrated
19th December 2023 By: Donna Slater

The Offshore Africa Training Centre (OATC) will celebrate its ten year anniversary in 2024, commemorating the occasion with the launch of its energy industry not-for-profit organisation... 


Egoli Gas increases conversion rebates for terminated clients
18th December 2023 By: Donna Slater

Johannesburg gas supplier Egoli Gas has increased conversion rebates applicable to clients in the Kensington and surrounding areas affected by its decision to permanently terminate its services to... 


The proposed South African National Petroleum Company is set to have a sole shareholder – The Department of Mineral Resources and Energy Minister Gwede Mantashe
DMRE extends public commentary for draft SANPC Bill
18th December 2023 By: Donna Slater

The Department of Mineral Resources and Energy (DMRE) has extended the timeframe for submissions of public comments on the draft South African National Petroleum Company (SANPC) Bill, published in... 


Tower Resources contracts drill rig for 2024 well development
18th December 2023 By: Donna Slater

Aim-listed oil and gas company Tower Resources has executed a contract with Borr Drilling for the hire of the Norve jack-up rig, one of Borr's fleet of high-specification drilling units, to drill... 


Oil rises on Red Sea jitters, Russian export cut
Oil rises on Red Sea jitters, Russian export cut
18th December 2023 By: Reuters

Oil rose on December 18 as attacks by the Houthis on ships in the Red Sea raised concerns of oil supply disruptions and Russia's plan to lower exports in December provided additional support.... 


EnerGeo says seismic surveying does not irreparably damage marine life
13th December 2023 By: Marleny Arnoldi

Geoscience and energy exploration industry body EnerGeo Alliance has said there is no evidence to suggest that seismic surveys are irreparably damaging to marine life. Rather, it argued, seismic... 


COP28 president Dr Sultan Al Jaber
COP28 ends with deal on transition away from fossil fuels
13th December 2023 By: Bloomberg

The COP28 climate talks in Dubai ended in a deal that saw a commitment to transition away from all fossil fuels for the first time. The president of this year’s UN-sponsored summit, the UAE’s... 


The PetroSA GTL refinery in Mossel Bay
Shrugging off sanctions risk, PetroSA aims to seal GTL refinery investment deal with GazpromBank by April
11th December 2023 By: Terence Creamer

South Africa’s PetroSA aims to make a final investment decision (FID) by April on a project designed to support the resumption of production at the mothballed gas-to-liquids (GTL) refinery in... 


An image showing the TotalEnergies logo
TotalEnergies takes steps to broaden methane emission reductions in the oil, gas sector
5th December 2023 By: Tasneem Bulbulia

TotalEnergies has announced the signing of three cooperation agreements with national oil and gas companies – Petrobras in Brazil, SOCAR in Azerbaijan and Sonangol in Angola – to carry out methane... 


Charles Dos Santos to succeed Rob Richardson as Air Products South Africa MD
1st December 2023 By: Tasneem Bulbulia

Air Products South Africa has announced that Charles Dos Santos will succeed Rob Richardson as MD with effect from February 1, 2024. Richardson has led the company since 2016 but has announced his... 


An African Stove Company cookstove which is helping rural areas reduce their emissions
Financial backing boosts decarbonisation initiative
1st December 2023

Financial institution Standard Bank announced last month it had finalised an agreement to support global carbon project developer The African Stove Company (TASC) with funding for what is believed... 


Peter Huxham and his wife, and Frik Potgieter and his daughter
Families of unlawfully convicted engineers plead with Dirco to ramp up bilateral efforts
27th November 2023 By: Marleny Arnoldi

It has been more than nine months since Frik Potgieter and Peter Huxham were arrested on fabricated charges in Equatorial Guinea, with their families urging the South African government to step up... 


Sapia executive director Avhapfani Tshifularo
Petroleum industry significantly impacted on by loadshedding
21st November 2023 By: Darren Parker

The South African Petroleum Industry Association (Sapia) says the ongoing loadshedding crisis has significantly impacted on its members, with widespread power outages affecting various sectors of... 


Solar panels
Sasol, Air Liquide conclude corporate PPA with Mainstream for 97.5 MW solar project
21st November 2023 By: Terence Creamer

A 97.5 MW solar photovoltaic project will be constructed in the Free State following the signing of a 20-year corporate power purchase agreement (PPA) between Mainstream Renewable Power and... 


Simon Baloyi
Baloyi selected to replace Grobler as Sasol CEO
17th November 2023 By: Terence Creamer

Chemicals and energy group Sasol has announced the appointment of Simon Baloyi as its new president and CEO effective from April 1, 2024, when he will succeed Fleetwood Grobler, who will continue... 


Mineral Resources and Energy Minister Gwede Mantashe
Bill outlines broad ‘energy value chain’ mandate for State petroleum company
14th November 2023 By: Terence Creamer

Mineral Resources and Energy Minister Gwede Mantashe has released a draft Bill for public comment outlining the establishment of the South African National Petroleum Company (SANPC), which the... 


Anglo American's Moranbah coal mine and power plant
Europe warns methane polluters as bloc pushes to slash emissions
14th November 2023 By: Bloomberg

The European Union (EU)  aims to slash methane emissions by clinching a deal that could have global ramifications if major energy importers are targeted over leaks of one of the most potent... 


former Sasol chairperson and nonexecutive director Sipho Nkosi
Sipho Nkosi resigns as Sasol chair
13th November 2023 By: Darren Parker

Sipho Nkosi has stepped down as chairperson and nonexecutive director of energy and chemicals company Sasol, effective November 10.  His decision to resign emanated from the conclusion that, while... 


Africa’s biggest oil refinery still months from full start
9th November 2023 By: Bloomberg

The full ramp up of Africa’s largest oil refinery, a landmark moment for crude and fuel markets both regionally and beyond, is still a long way off. The Dangote plant in Nigeria just concluded a... 


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