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ELB shareholders vote in favour of Australian business disposal

By: Marleny Arnoldi     26th May 2020 JSE-listed capital equipment and solutions provider ELB Group will proceed with selling its Australian business, after a majority of shareholders voting in favour of the disposal. The company hosted a general meeting on May 25 for shareholders to vote on the proposed disposal of ELB Australia.  

Irena forecasts rise in ocean energy installations to 10 GW by 2030

By: Terence Creamer     15th May 2020 The International Renewable Energy Agency (Irena) believes that ocean energy, which plays an extremely modest role in the global energy mix and the broader clean-energy transition, is poised for growth over the coming decade and is forecasting that deployments will rise to 10 GW by 2030. There is... 

Niasa highlights funding options for new nuclear power 

By: Rebecca Campbell     15th May 2020 The Nuclear Industry Association of South Africa (Niasa) has highlighted a range of options for the financing of new nuclear power plants (NPPs) in South Africa. This followed the recent announcement to Parliament’s Portfolio Committee on Mineral Resources and Energy by Mineral Resources and... 

Wärtsilä publishes map indicating potential of cost-optimal 100% renewable electricity systems

By: Tasneem Bulbulia     14th May 2020 Technology group Wärtsilä has published an extensive interactive map on cost-optimal, 100% renewable electricity systems globally. The map provides information on the potential of renewable energy in relation to geographical regions and their solar and wind conditions. 

Drilling of first inclined well to start at Renergen’s Virginia gas project

By: Simone Liedtke     13th May 2020 Emerging domestic natural gas and helium producer Renergen has signed a contract with hydraulic exploration drilling rig manufacturer Bohrmeister Technik to start the drilling of the first inclined well for the delivery of gas to Phase 1 of Renergen’s Virginia gas project, in the Free State.... 

Global oil production to see considerable cuts – IHS Markit

By: Tasneem Bulbulia     8th May 2020 The second quarter of this year will see the largest volume of liquids production cuts, including shut-in production, in the history of the oil industry, the latest assessment on oil markets by London-based global information provider IHS Markit’s Crude Oil Market Service shows. IHS Markit now... 

Avoid extended downtime due to inadequate preparation prior to start-up after lockdown

By: Creamer Media Reporter      8th May 2020 Evaluate the risk the shutdown posed to Critical Electrical Equipment (CEE) before you start up your plant after lockdown. During normal circumstances, a plant shutdown is a thoroughly planned event where several processes are precisely orchestrated to take equipment out of service, maintained... 

BP mulls green hydrogen in Australia

By: Esmarie Iannucci     8th May 2020 Energy major BP Australia has been awarded A$1.71-million in funding from the Australian Renewable Energy Agency (ARENA) to assess the feasibility of building a renewable hydrogen and ammonia production facility in Geraldton, Western Australia. BP is undertaking a A$4.42-million feasibility... 

Australian mineral exports climb despite pandemic

By: Esmarie Iannucci     7th May 2020 The latest data by the Australian Bureau of Statistics (ABS) has shown the resilience of some of Australia’s key resource exports, as the Covid-19 pandemic continues. The ABS on Thursday reported that metal ore and mineral exports increased by 32% in March, or some A$2.8-billion, while other... 

Coal snags $31m in US stimulus loans for small business

By: Bloomberg     6th May 2020 Stimulus loans meant to help small businesses hurt by the coronavirus pandemic are being doled out to coal companies, stoking criticism from environmentalists that the Trump administration is using the aid to help a preferred industry that was already in financial trouble. The US Small Business... 

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