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G7 leaders commit to faster transition from fossil fuels - draft statement
G7 leaders commit to faster transition from fossil fuels - draft statement
14th June 2024 By: Reuters

Leaders of the Group of Seven (G7) developed democracies will commit to accelerating their transition away from fossil fuels during this decade, according to a draft of a statement to be issued at... 


Webber Wentzel senior associate Francois Sieberhagen
Opinion: Beware, but do not fear!
14th June 2024

In this article, Webber Wentzel senior associate Francois Sieberhagen writes about the implications of the Supreme Court of Appeal's (SCA's) judgment in the case of Minister of Mineral Resources... 


Kinetiko secures A$4.9m
12th June 2024 By: Tasneem Bulbulia

ASX-listed Kinetiko Energy’s renounceable pro-rata entitlement offer to eligible shareholders, announced in May, closed on June 11 and raised about A$4.9-million (before costs), with strong support... 


Demonstrations by climate activists
Green Connection petitions court to ‘force’ Nersa, DMRE to supply Karpowership information
5th June 2024 By: Darren Parker

Environmental activist nonprofit organisation the Green Connection has taken the National Energy Regulator of South Africa (Nersa) and the Department of Mineral Resources and Energy (DMRE) to court... 


Wild Coast communities mull appeal of SCA gas exploration right ruling
Wild Coast communities mull appeal of SCA gas exploration right ruling
3rd June 2024 By: Terence Creamer

While dismissing an appeal of a High Court judgment setting aside a right granted to Shell to explore for oil and gas off South Africa’s Wild Coast, the Supreme Court of Appeal (SCA) has suspended... 


OPEC+ extends deep oil production cuts into 2025
3rd June 2024 By: Reuters

OPEC+ agreed on Sunday to extend most of its deep oil output cuts well into 2025 as the group seeks to shore up the market amid tepid demand growth, high interest rates and rising rival US... 


Natref refinery
Commission grants approval for England-based Prax to acquire Natref
30th May 2024 By: Marleny Arnoldi

The Competition Commission has conditionally approved a proposed transaction between Prax South Africa and the National Petroleum Refiners of South Africa (Natref), whereby the former intends to... 


Oil and gas industry body shines spotlight on Angolan market
28th May 2024 By: Rebecca Campbell

The African Energy Chamber (AEC) has highlighted the opportunities provided by Angola’s oil and gas industry. The Chamber points out that oil and gas forms the lynchpin of the Angolan economy and... 


An image of the Sapref refinery
bp, Shell agree to sell Sapref land, associated assets to the CEF
27th May 2024 By: Tasneem Bulbulia

Following successful negotiations, bp Southern Africa and Shell Downstream South Africa (SDSA) have reached an agreement for the sale of their respective 50% ownership of assets located at the... 


gas pipelines
Gas still has a crucial role to play in South Africa’s energy mix – Kearney
23rd May 2024 By: Darren Parker

Gas has an important role to play in South Africa’s energy transition journey, Kearney partner Prashaen Reddy says amid calls for public comments on a draft Gas Master Plan, which was released for... 


Air Products to play pivotal role in hydrogen mobility ecosystem
Air Products to play pivotal role in hydrogen mobility ecosystem
22nd May 2024

Industrial and specialty gas manufacturer and supplier Air Products South Africa is aiming to play a pivotal role in establishing a sustainable and thriving hydrogen mobility ecosystem in the... 


totalenergies logo and building
TotalEnergies, Petronas, Sonangol to proceed with Angolan deepwater project
21st May 2024 By: Darren Parker

Energy company TotalEnergies (40%), along with its Block 20/11 partners, Petronas (40%) and Sonangol (20%), have announced the final investment decision (FID) of the Kaminho deepwater project to... 


Nersa approves Sasol Gas’ price application
10th May 2024 By: Tasneem Bulbulia

The National Energy Regulator of South Africa (Nersa) on April 29 approved Sasol Gas’ application for a maximum price of gas for the period July 1, this year, to June 30, 2025. This results in the... 


South Africa may curb Shell’s oil exploration over gas-pump exit
10th May 2024 By: Bloomberg

South Africa’s energy ministry signaled it may grant fewer oil exploration permits to Shell over the company’s plans to exit the nation’s fuel-supply business. The oil major is selling its... 


Business Leadership South Africa CEO Busisiwe Mavuso
Coordinated, rapid plan needed to avoid ‘gas cliff’ – Mavuso
6th May 2024 By: Sabrina Jardim

In her latest weekly newsletter, Business Leadership South Africa CEO Busisiwe Mavuso warns that South Africa could face a “gas cliff” when the supply of gas to industrial users ceases in 2026. In... 


Shell to exit South Africa's downstream businesses
6th May 2024 By: Reuters

Oil major Shell will divest its majority shareholding from a local South African downstream unit after a comprehensive review of its businesses across all regions, it said on Monday. "As a result... 


Renergen successfully producing liquid helium at Virginia project
6th May 2024 By: Simone Liedtke

ASX- and JSE-listed gas producer Renergen is now able to liquify helium in batches from its wells at the Virginia gas project, in South Africa’s Free State province. Since April 2, the... 


Baker Hughes builds first Namibian mud plant as exploration surges
2nd May 2024 By: Reuters

Energy technology company Baker Hughes will construct a new liquid mud plant, and a separate assembly, maintenance and repair base at Namibia's Walvis Bay to cater to booming offshore exploration... 


Mineral Resources and Energy Minister Gwede Mantashe
Draft Gas Master Plan released amid supply ‘cliff’ warnings
29th April 2024 By: Terence Creamer

South Africa’s much-delayed draft Gas Master Plan (GMP2024) has been released for public comment by Mineral Resources and Energy Minister Gwede Mantashe, amid indications that the gap between... 


'End of oil not in sight', OPEC secretary general says
'End of oil not in sight', OPEC secretary general says
29th April 2024 By: Reuters

The end of oil is not in sight, OPEC's top official said, as the pace of energy demand growth means that alternatives cannot replace it at the needed scale, and the focus should be on cutting... 


An image of the CNG Holdings site in Langlaagte
Compressed natural gas to benefit S African business
26th April 2024 By: Trent Roebeck

Despite ongoing concerns about gas shortages, regulatory uncertainty, geopolitical constraints and infrastructure limitations, using compressed natural gas (CNG) for various business and industrial... 


Typical Engen garage
Tribunal approves Vitol’s buyout of Engen
25th April 2024 By: Darren Parker

The Competition Tribunal has approved the proposed acquisition of petrol station brand Engen by independent energy marketing and trading company Vitol Emerald, subject to a set of competition and... 


Africa has to get involved in carbon markets
25th April 2024 By: Rebecca Campbell

The oil and gas industry is evolving, and has to, highlighted commodities trading and risk management company Ion Commodities VP product strategy Lance Fogtman, in a panel discussion at the 2024... 


Energy transition will take place in different ways at different rates in different regions
25th April 2024 By: Rebecca Campbell

The energy transition – from high carbon-emitting energy sources to low and zero carbon-emitting energy sources – will vary across different regions and countries, pointed out TotalEnergies VP... 


Financing African hydrocarbon projects needs a segmented approach
24th April 2024 By: Rebecca Campbell

In an era in which raising finance for major hydrocarbons projects was increasingly challenging, the developers of such projects in Africa should consider segmenting them and separately seeking... 


TotalEnergies committed to the energy transition, assures company executive
23rd April 2024 By: Rebecca Campbell

French multinational energy group TotalEnergies was committed to the energy transition and has a strategy for this, highlighted the group’s MD and CEO marketing and services and country chair and... 


Gas tanks
Invictus partners with Zim-focused gold miner to investigate gas supply to Eureka mine
23rd April 2024 By: Marleny Arnoldi

ASX-listed Invictus Energy has signed a memorandum of understanding (MoU) that could lead to a maiden gas offtake agreement with Dallaglio Investments, involving the supply of gas to the Eureka... 


Dangote's oil refinery in Nigeria
Africa needs to build more oil infrastructure
23rd April 2024 By: Schalk Burger

Africa's mid- and downstream oil products supply infrastructure is ageing and suffers from a lack of investment, outdated policy frameworks and insufficiencies in regional, national and urban... 


LPG gas bottles
Project envisions rollout of smart LPG, solar systems, hydrogen stoves to 3.51m indigent households
22nd April 2024 By: Darren Parker

Energy solutions company Kili Energy is spearheading a large-scale initiative, the Kili Energy Clean Energy Democratisation Project, to provide smart liquefied petroleum gas (LPG) canisters and... 


Equatorial Guinea President Teodoro Obiang Nguema Mbasogo
Africa’s oldest oil-rich dictatorship has a succession problem
18th April 2024 By: Bloomberg

Two South African engineers working in Equatorial Guinea’s offshore oil fields were preparing to return home in February 2023 when they were arrested for cocaine trafficking and thrown in jail,... 


PetroSA's Mossel Bay plant
PetroSA targets Mozambique gas in new sales deal
17th April 2024 By: Reuters

PetroSA expects the first flows of gas into the country from a deal with Mozambique's national energy company ENH later this year, officials said, amid efforts to shore up supplies ahead of a... 


Namibia sees final investment decision on oil find by end 2024
17th April 2024 By: Reuters

Namibia will invest a big chunk of any revenue it gets from a potentially massive oil discovery into a sovereign wealth fund, and expects to learn if the find is commercially viable later this... 


A building with an Opec sign
Opec woos Namibia as African nation prepares to produce from 2030
16th April 2024 By: Reuters

The OPEC+ oil producers group, having lost Angola and other players in recent years, is eyeing Namibia for possible membership as it sets up what could be Africa’s fourth-largest output by the next... 


Oil rig
Oil price eases but IEA says Middle East tensions heighten global supply risks
15th April 2024 By: Terence Creamer

Despite a forecast of slowing oil demand and a likely peak in consumption by the end of the decade, the International Energy Agency (IEA) warned on Monday of heightened global oil security risks in... 


South African fossil fuel subsidies hit record R118bn in 2023 - IISD
South African fossil fuel subsidies hit record R118bn in 2023 - IISD
10th April 2024 By: Terence Creamer

A new study has found that South Africa's fossil fuel subsidies tripled between 2018 and 2023, rising to R118-billion from R39-billion over the period, with subsidies having been increased largely... 


Secunda complex
Sasol granted permission to use load-based limit to regulate SO2 emissions from Secunda boilers
8th April 2024 By: Terence Creamer

Forestry, Fisheries and the Environment Minister Barbara Creecy has granted Sasol South Africa permission to employ a load-based limit to regulate the sulphur dioxide (SO2) of its Secunda boilers... 


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