R/€ = 16.83 Change: 0.11
R/$ = 14.51 Change: 0.10
Au 1767.59 $/oz Change: -18.99
Pt 1059.00 $/oz Change: 0.50


Eni to exit South Africa offshore oil block amid tech challenges

By: Bloomberg     14th October 2021 Eni is pulling out of plans to explore for oil with Sasol in a large block off South Africa’s southeast coast due to concerns over the technical challenges of drilling in deep waters, according to two people familiar with the decision. The people asked not to be identified as the matter is private. 

South Africa has potential to unlock decarbonised chemicals sector, new study shows 

By: Terence Creamer     12th October 2021 If South Africa can unlock disruptive technology, in particular green hydrogen, it could decarbonise its petrochemicals and chemicals sectors and become a leading global producer of green fuels and chemicals for both domestic use and export. The outlook for South Africa’s crude refineries,... 

Hydrogen economy holds opportunities for water tech companies, says analyst

By: Marleny Arnoldi     5th October 2021 Market analysis company BlueTech Research says the hydrogen economy could be worth as much as $12-trillion by 2050, but there is concern about the availability of water, particularly in water-stressed countries and regions. The number of green hydrogen projects – where hydrogen is produced... 

Gates raises $1bn as corporate CEOs join race to scale clean tech

By: Bloomberg     20th September 2021 Bill Gates raised more than $1-billion in corporate funding for Breakthrough Energy Catalyst, drawing on BlackRock’s Larry Fink and Microsoft's Satya Nadella to rally support for some of the world’s most demanding clean-energy projects. BlackRock is making a five-year, $100-million grant from... 

PetroSA mulls geothermal as way to offset ‘decommissioning liability monster’ 

By: Terence Creamer     17th September 2021 Embattled State-owned gas-to-liquids refiner PetroSA is considering plans to harness geothermal energy from its mature or depleted gas wells to produce electricity and delay decommissioning. Addressing a conference in Cape Town this week, Central Energy Fund (CEF) CEO Dr Ishmael Poolo reported... 

Sasol, UCT confirm progress on catalysts that convert hydrogen, CO2 into green jet fuel 

By: Terence Creamer     6th September 2021 Energy and chemicals group Sasol, which aims to become a leader in South Africa’s promising green hydrogen industry, reports that research advancements have been achieved that are supportive of the conversion of hydrogen and carbon dioxide (CO2) into green jet fuel and chemicals. Made in... 

AECI backs clean chemical company expansion

By: Marleny Arnoldi     31st August 2021 JSE-listed chemicals group AECI has extended a €2.5-million convertible loan to international cleantech company Clariter to scale up its technology to commercial level. Clariter uses upcycling technology that transforms plastic waste into oils, solvents and waxes.  

Generators necessary despite new legislation

By: Claire O'Reilly     27th August 2021 With load-shedding a reoccurring problem for mines and businesses in Southern Africa, standby power generation company Generator and Plant Hire South Africa (GPHSA) suggests that mines will still need to rent generators for a while, even with the introduction of the new electricity regulations. 

Concrete Chemicals facility, Germany

By: Sheila Barradas     27th August 2021 Concrete Chemicals plans to build a large-scale demonstration plant at CEMEX’s Rüdersdorf cement plant, which is considered one of Germany’s biggest cement production sites. 

The corrupt’s horizons are narrowing

By: Tara O’Connor     20th August 2021 Do three significant events in the subregion signify a trend? First, although the trial of South Africa’s former president, Jacob Zuma, may have been postponed to September 9, the so-called Arms Deal corruption trial, along with that of French arms company Thales, is likely to go ahead. This,... 

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