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DTI to support South African companies participating in Africa Oil Week

By: Tasneem Bulbulia     20th May 2019 The Department of Trade and Industry (DTI) will, for the first time, showcase 15 to 20 local companies in the South African National Pavilion at the Africa Oil Week, which will be held in Cape Town from November 4 to 8.   With the event focused on Africa’s upstream oil and gas sector, the DTI... 

Company offers first-class equipment to a variety of industries

17th May 2019 Stockist and distributor of premium valve brands Heaton Valves Africa’s core purpose is to provide first-class valve and associated equipment stock holding, distribution, technical consultation, training and project management services. These services will be available in industries such as oil... 

An 18 000% gain is no longer a reason to abandon London's Aim

By: Bloomberg     16th May 2019 AIM, once seen as a stepping stone for hundreds of small companies wanting to list on the exchange’s main market, has been trying for years—decades even—to get past its reputation as a volatile venue where corporate blowups are commonplace. And for many investors and companies, it’s succeeded. A... 

Port of Saldanha marks first sludge transfer

By: Tasneem Bulbulia     15th May 2019 Effective planning and oversight between the office of the Port of Saldanha’s Harbour Master, African Marine Solutions, the South African Maritime Safety Authority and SpillTech resulted in the successful first sludge transfer operation at the port last month. About 104 m3 of sludge was... 

INITIATE INTERVIEW: “We want to be a part of ‘EmPOWERing Africa’. Training, coaching and mentoring of the youth is critical to the success of our future economy”

By: Creamer Media Reporter      14th May 2019 Exclusive interview with Shane Pereira, Business Development Executive at Lesedi Nuclear Services, sponsors of the Initiate! Impact Challenge that is taking place at African Utility Week and POWERGEN Africa at the CTICC from 14-16 May. The Initiate! 3-day challenge is for postgraduate students... 

Global energy investment out of step with security of supply, climate needs  

By: Terence Creamer     14th May 2019 A new report on global energy investment in 2018 points to an ongoing misalignment between approved expenditure on new fuel and power projects and meeting the twin goals security of supply and decarbonisation. The International Energy Agency’s (IEA’s) ‘World Energy Investment 2019’ report,... 

Cairns’ exploratory drilling in southern India triggers political storm in election season

By: Ajoy K Das     14th May 2019 Cairns Oil & Gas, an arm of London-headquartered Vedanta, has been granted approval to conduct an environmental impact assessment (EIA) for oil and gas exploration in the southern states of Tamil Nadu and Puducherry, triggering a political storm in this election season. The Indian government gave... 

South Africa urged to use seasonal advantage to secure lower LNG prices from Mozambique 

By: Terence Creamer     13th May 2019 South Africa is failing to fully grasp the energy and economic significance of the impending development of the enormous gas reserves discovered in northern Mozambique since 2010, Standard Bank oil and gas specialist Paul Eardley-Taylor argues. Between 150- to 200-trillion cubic feet of gas has... 

Does it matter who owns our mines?

10th May 2019 “Capital goes where it is welcome and stays where it is well treated,” said former Citibank CEO, the late Walter Wriston more than 30 years ago. That sentiment remains even more relevant as global capital has become increasingly mobile. The extractive resources industry, even in Africa, is now... 

Noninvasive industrial cybersecurity aims to make South African industries resilient

By: Schalk Burger     10th May 2019 France-headquartered cybersecurity multinational GECI has launched its suite of industrial cybersecurity services and solutions in South Africa to help make local industrial companies and sites resilient to cyberattacks, says GECI South Africa director Mike Bergen. The solutions can be deployed... 

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