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AMSOL employee share scheme creates value

25th June 2019 Around 370 employees of specialist marine solutions provider, African Marine Solutions (AMSOL), are reaping the benefits of a payout created through the company’s employee share ownership scheme (ESOP), with many owning shares for the very first time. The scheme, introduced in 2016, has developed... 

Vivo Energy in joint venture to accelerate growth of KFC franchise in East Africa

By: African News Agency      20th June 2019 Vivo Energy said on Thursday it had agreed to form a joint venture with Kuku Foods East Africa Holdings, the owner of KFC franchises in East Africa, to accelerate the growth of its current franchise portfolio of 30 restaurants in Kenya, Uganda and Rwanda. Vivo Energy, the pan-African retailer and... 

Investing in a sustainable energy future

By: Creamer Media Reporter      19th June 2019 Anton Niemann, Shell Downstream GM Lubricants, delves into how natural gas has provided a source of current and future energy production, and how this has benefited the engine lubricant sector. It is no secret that as global populations increase, the need for energy will continue to rise. There... 

Shell launches e-fluids to optimise electric vehicle performance

By: Creamer Media Reporter      13th June 2019 Shell has announced the launch of its new range of fluids specifically designed to work in battery electric vehicles (EVs). These E-Transmission Fluids, E-Thermal Fluids and E-Greases are positioned to make battery EVs perform better and be more efficient, and forms part of Shell’s ongoing drive... 

Shell’s Prelude achieves first LNG shipment

11th June 2019 The Shell-operated Prelude floating liquefied natural gas facility, offshore Western Australia, has shipped its first LNG product to customers in Asia. Shell’s integrated gas and new energies director, Maarten Wetselaar said on Tuesday that Prelude formed an integral part of the company’s global... 

Oil giants' chemical lifeline threatened by plastic-trash crisis

By: Bloomberg     6th June 2019 As the world strives to wean itself off fossil fuels, oil companies have been turning to plastic as the key to their future. Now even that’s looking overly optimistic. The global crackdown on plastic trash threatens to take a big chunk out of demand growth just as oil companies like Saudi Aramco... 

Nigeria's oil thieves roar back as militants kept in check

By: Bloomberg     5th June 2019 Just as Nigeria gets to grips with militants who brought the nation’s oil industry to its knees a few years ago, another group of longstanding foes are slowly making a comeback: thieves. Saboteurs including thieves caused an 80% increase in the number of spills in 2018, Royal Dutch Shell, the... 

Companies lag in climate-related disclosures – G20 Task Force

By: Reuters     5th June 2019 Companies are failing to disclose sufficient detail about how exposed they are to the potential risks of climate change, a global task force said in a report on Wednesday. Many investors have called on companies to provide better communication on how climate change could impact their businesses,... 

High east coast gas prices will force business elsewhere, ACCC warns

By: Esmarie Iannucci     30th May 2019 The Australian Competition and Consumer Commission (ACCC) has warned that the high gas prices in the east coast of Australia remain a critical issue for domestic gas users, and could see commercial and industrial gas users move out of the region. Speaking at the Australian Petroleum Production... 

India’s new government likely to hasten inclusion of LNG in single-tax GST regime

By: Ajoy K Das     29th May 2019 The Indian energy sector is betting big on inclusion of liquefied natural gas in the goods and service tax (GST), following the electoral mandate received by the right-wing Bharatiya Janata Party (BJP) to form the federal government for a second term The industry reckons that with the BJP-led... 

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