R/€ = 18.13 Change: -0.03
R/$ = 15.07 Change: -0.07
Au 1728.57 $/oz Change: -20.07
Pt 1188.50 $/oz Change: -31.50


Eskom, regulator say cracks in Koeberg containment structures not serious

By: Marleny Arnoldi     15th February 2021 The National Nuclear Regulator (NNR) has assured the public that the Koeberg nuclear power station, in Cape Town, is not discharging harmful radiation into the environment. The NNR was responding to media coverage suggesting that the outer shell of the containment building at the power station... 

Rolls-Royce again demonstrates that its engines can run on 100% sustainable fuel

By: Rebecca Campbell     2nd February 2021 UK-based global major industrial technology group Rolls-Royce has carried out the first trials using 100% sustainable aviation fuel (SAF) in an engine developed for business jets. The tests were carried out at the group’s facility at Dahlewitz, in Germany, and came just weeks after it had... 

After pandemic, oil firms even less willing to cover $3.9bn cost of South Africa's clean fuel plan 

By: Reuters     22nd January 2021 After being hit by the pandemic, oil companies in South Africa are unlikely to upgrade refineries to cut sulphur emissions unless the government allows them to pass the costs on to consumers or offers other support, the South African Petroleum Industry Association (Sapia) says. New rules... 

Hamburg plans green hydrogen plant with Shell, Mitsubishi, Vattenfall

By: Reuters     22nd January 2021 Hamburg is planning to generate green hydrogen, which is produced from renewable power, at a plant it will develop with energy firms Shell, Mitsubishi and Vattenfall, the city state said on Friday. Hamburg's municipal heating company has signed a letter of intent with the three companies to... 

Northern Lights CO2 transport and storage project, Norway – update

By: Sheila Barradas     8th January 2021 The Norwegian government announced its approval of the final investment decision for the Northern Lights project in December 2020. 

Australian miners need to do more on emissions - report

By: Esmarie Iannucci     16th December 2020 Australia’s resources companies would need to do more in order to address downstream scope 3 emissions, despite making progress on moving their operations towards net zero by 2050, a new report has found. The report by Climateworks Australia and Monash University investigates the climate... 

Redefine completes M1 acquisition in Europe

By: Marleny Arnoldi     6th November 2020 JSE-listed real estate investment trust Redefine Properties’ European subsidiary has completed the acquisition of the M1 Marki Commercial Centre, near Warsaw, in Poland. As part of the transaction, Redefine will sell its 25% equity interest in Chariot Top Group – which is the sole shareholder of... 

Vivo Energy resumes dividend pay on improved trading

By: Reuters     30th October 2020 Africa-focussed fuel retailer Vivo Energy said on Friday volume improved in the third quarter from the second as COVID-19 restrictions eased and it would pay a previously withdrawn 2019 final dividend. UK-listed Vivo said it was cautiously optimistic for the rest of the year and into 2021, as no... 

Nigeria pays oil majors $3bn, moving closer to ending dues

By: Bloomberg     20th October 2020 Nigeria reimbursed oil companies including Exxon Mobil and Royal Dutch Shell $3-billion, moving closer to clearing operating expense arrears owed since 2010. The payment is being settled through a five-year crude oil sales deal agreed in 2016, Nigerian National Petroleum Corp (NNPC) said in a... 

Princess Elizabeth Drydock recommissioned after upgrades

By: Marleny Arnoldi     16th October 2020 The Transnet National Ports Authority (TNPA) has successfully recommissioned the Princess Elizabeth Drydock, at the Port of East London. This follows the completion of two priority capital projects valued at more than R60-million that will "usher in a new era of optimised growth for the historic... 

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