R/€ = 17.37 Change: -0.07
R/$ = 14.61 Change: -0.08
Au 1743.98 $/oz Change: -1.45
Pt 1204.50 $/oz Change: -29.50


Rolling renewables auctions follow in wake of ‘emergency’ procurement 

By: Terence Creamer     2nd April 2021 Mineral Resources and Energy Minister Gwede Mantashe released the names of the eight preferred bidders – including three powership projects – selected as part of government’s 2 000-MW ‘emergency’ procurement programme and also launched the much-anticipated fifth bid window (BW5) for the... 

Karpowership’s record South Africa deal estimated at R218bn

By: Bloomberg     26th March 2021 Karpowership, a unit of the Turkish Karadeniz Energy Group, is on track for its longest contract to date to supply power from vessels to South Africa in a deal worth as much as R218-billion ($15-billion). The company that advertises a “fast, flexible, reliable” solution of floating electricity... 

AfDB, Mozambique LNG project wins award

By: Tasneem Bulbulia     12th February 2021 The Mozambique Liquefied Natural Gas (LNG) Area 1 Project and financial organisation the African Development Bank (AfDB) have jointly received the Global Multilateral Deal of the Year 2020 award, from print and online publication Project Finance International (PFI). The project, the single... 

Renergen hoping to highlight importance of diesel dual fuel with new truck 

By: Simone Liedtke     19th January 2021 Emerging natural gas and helium producer Renergen has replaced its old transport truck with a new one, equipped with the diesel dual fuel (DDF) kit and tank from the former truck, in a bid to prove the equipment will “outlast the truck”. While the truck itself is not linked to the company’s... 

Dry-type transformers ensure safety at LNG camp

By: Creamer Media Reporter      15th January 2021 Dry-type transformers supplied by specialist company Trafo Power Solutions are ensuring the safe and reliable operation of substations in a construction camp at a large liquified natural gas (LNG) project in northern Mozambique. According to David Claassen, managing director of Trafo Power... 

WoodMac expects M&A uptick in 2021

By: Esmarie Iannucci     16th December 2020 Australia is expected to headline merger and acquisition (M&A) activities in the liquefied natural gas (LNG) sector in 2021, advisory firm Wood Mackenzie (WoodMac) has predicted. WoodMac Asia Pacific vice chairperson Gavin Thompson noted that M&A activity is expected to resume over the next 12... 

Bouncing back in 2021 – a Toolkit for economic reboot in the aftermath of Covid-19

By: Creamer Media Reporter      18th November 2020 There is little doubt that 2020 has been the year that has severely tested our mettle and has left many an industry imperilled and in urgent need of reboot. But experts believe that the economic slump and consequent expected government investment into infrastructure is one of few positive... 

Renergen announces new LNG truck solution, adds another LNG supply route 

By: Simone Liedtke     18th November 2020 Emerging domestic natural gas and helium producer Renergen has, in partnership with trailer manufacturer Henred Fruehauf, developed a zero-emission solution for the cold-chain logistics industry. The solution makes use of liquid natural gas (LNG), stored at ultralow temperatures in the truck’s... 

Siemens Energy to help Total achieve low-emission goals for largest LNG project in Africa

By: Creamer Media Reporter      16th October 2020 The project represents Mozambique’s first onshore LNG development Siemens Energy gas turbines will help generate low-emission power onsite project 

Total says Mozambique LNG project progressing despite instability

By: Reuters     2nd October 2020 French oil and gas major Total said on Thursday it was moving ahead with its $20 billion natural gas (LNG) project in Mozambique, despite growing concerns about a wave of militant attacks by rebels with links to Islamic State. Mozambique last week asked the European Union for support in tackling... 

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