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Mineral and Petroleum Resources Minister Gwede Mantashe has formally dismissed the appeal lodged by Springbok Solar Power Plant against the amendment of Tetra4’s production right, thereby...
Petrochemicals giant Sasol’s Oil division has confirmed it has reached an agreement with State-owned freight utility Transnet, which will make a net payment to Sasol Oil of R4.3-billion before June...
Writing in his weekly newsletter, President Cyril Ramaphosa stated that President Donald Trump agreed that the US should continue playing a key role in the G20, including attending the G20 Leaders’...
Mineral and Petroleum Resources Minister Gwede Mantashe has indicated that he wants the newly launched South African National Petroleum Company (SANPC) to play a central role in reviving domestic...
Africa’s natural gas resources should be fully exploited, South African Electricity and Energy Minister Dr Kgosientsho Ramokgopa affirmed on Tuesday. He was delivering the keynote address at the...
Gas and energy company Renergen’s share price on the JSE surged by more than 78% on May 20, after the company and Nasdaq-listed advanced materials company ASP Isotopes announced that ASP Isotopes...
Energy and chemicals group Sasol has announced a dramatic 70% cut to the capital expenditure (capex) budget associated with its greenhouse-gas emission reduction roadmap to 2030, while still...
The National Energy Regulator of South Africa (Nersa) has approved amendments to the licensing conditions for petroleum facilities operated by energy and oil companies Sasol Oil and TotalEnergies...
The International Energy Agency (IEA) on Thursday said that economic headwinds, combined with record sales of electric vehicles (EV), will reduce global oil demand growth to 650 000 bl/d for the...
The State-owned Central Energy Fund (CEF) has transferred assets and funds to the South African National Petroleum Company (SANPC), with the view to unlocking R1.5-billion to R3-billion worth of...
Namibia expects a final investment decision (FID) by TotalEnergies on its Venus discovery by late next year, a senior government official said on Tuesday, even as the company pushes for incentives...
JSE-listed freight and logistics company Grindrod has started the process to exit its 50% investment in the marine fuel trading business Cockett Group, comprising CMOG Fuel DMCC and Cockett Marine...
Transnet National Ports Authority (TNPA) has announced five preferred bidders for the development of liquid bulk and green fuel terminals in the South Dunes precinct at the Port of Richards Bay....
A major obstacle to developing the gas economy in South Africa is the relentless legal opposition to oil and gas production and use. There is not a single gas project so far which has not been...
Methane emissions from fossil fuels remain at stubbornly high levels, but efforts to bolster data collection and monitor methane leaks are progressing, the International Energy Agency (IEA)...
The Gauteng High Court in Pretoria has ruled in favour of energy company Renergen’s subsidiary Tetra4 in its request for a declarator that the Gas Act does not apply to any production and...
The Department of Mineral and Petroleum Resources has announced an adjustment of fuel prices based on current local and international factors with effect from May 7. Both grades of petrol will...
State-owned South African National Petroleum Company (SANPC) has completed the transfer of 402 employees from Central Energy Fund (CEF) subsidiary companies iGas, PetroSA and the Strategic Fuel...
While there is strong demand for gas for industrial and commercial uses in South Africa – and no shortage of finance for upstream oil and gas projects – the country has yet to take meaningful steps...
Multilateral trade financing institution the African Export-Import Bank (Afreximbank) has launched a $3-billion revolving intra-African oil trade financing programme to finance the purchase of...
The current estimates of Africa’s oil and gas reserves of 120-million barrels of crude oil and 632-trillion cubic feet of natural gas are considered “grossly conservative”, says African Petroleum...
Not only does financial services provider Standard Bank prioritise renewable energy as part of its sustainable finance mobilisation targets, it also supports a broader range of activities that...
US president Donald Trump’s re-election represents a pivotal moment for Africa’s fossil fuel industry, energy advocacy group African Energy Chamber (AEC) said earlier this year. The Trump...
The National Energy Regulator of South Africa (Nersa) has completed and published a strategy report that outlines its vision for the role of gas in South Africa’s evolving energy landscape. This...
Surging gold and the slide in oil prices are offering some African countries a rare boost, as the region copes with the fallout from President Donald Trump’s trade war and freeze on US aid. While...
World Bank president Ajay Banga on Wednesday doubled down on his push to revamp the bank's energy strategy to end a ban on lending for nuclear power projects and enable more natural gas projects,...
Opec cut its 2025 global oil demand growth forecast on Monday for the first time since December, citing the impact of data received for the first quarter and trade tariffs announced by the United...
Investment firm New GX Capital has announced the first close of Airnergize Capital, which aims to R4-billion by final close to accelerate clean technology solutions in renewable energy, gas and...
South Africa should focus its efforts on defining the role of gas in its economy over the next ten years and then implement projects on that basis as a stepping stone that will provide greater...
The newly formed State-owned South African National Petroleum Company (SANPC) and its holding company the Central Energy Fund (CEF) have reached an agreement with organised labour and non-unionised...
il prices fell to a four-year low on Wednesday in its worst five-day losing streak in three years, while several commodities, including base metals, tumbled as the trade war between China and the...
The current estimates of Africa’s oil and gas reserves at 120-million barrels of crude oil and 632-trillion cubic feet of natural gas are considered “grossly conservative”, says African Petroleum...
Oil prices extended losses on Monday, falling 3% as escalating trade tensions between the United States and China stoked fears of a recession that would reduce demand for crude while OPEC+ readies...
Financial services provider Standard Bank has updated its group sustainable finance targets and aims to mobilise more than R450-billion by 2028 for energy and infrastructure development on the...
Mozambique has started a process to review and modernise the southeast African nation’s legal framework for mining, oil and gas, the Ministry of Mineral Resources and Energy said Monday. The...
South Africa’s Cabinet is planning to hold a special meeting on an ‘Economic Growth Plan’ for the country, while it will also consider additional reforms to fall under Operation Vulindlela, the...
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