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Oil & Gas

Rolls-Royce Power Systems opens significant new facility in South Africa
17th June 2025 By: Rebecca Campbell

Rolls-Royce Power Systems has announced that it has opened a new regional headquarters and training centre in Johannesburg. The new facility will support the growing numbers of the group’s... 


Kinetiko to raise $2.2m through placement to fund commercialisation of Mpumalanga gas projects
12th June 2025 By: Darren Parker

ASX-listed Kinetiko Energy has received firm commitments from professional and sophisticated investors to raise up to $2.2-million through the placement of more than 55-million new fully paid... 


Drilling offshore South Africa
Africa Energy sees first output from South Africa's largest gasfield by 2033
11th June 2025 By: Reuters

Canada-listed Africa Energy Corp is aiming to start production from South Africa's largest gas discovery by 2033, its CEO said on Tuesday, as it forges ahead with a project former operator... 


Trade, Industry and Competition Minister Parks Tau
South Africa asks US not to hike tariffs to 30% on July 9 if talks on new trade framework still ongoing
10th June 2025 By: Terence Creamer

South Africa has requested that the US refrain from raising tariffs above the prevailing 10% level should negotiations on a new trade framework not be concluded by July 9, when a 90-day pause on... 


wind turbine + coal fired power
Global energy investment to reach record $3.3tr this year
5th June 2025 By: Darren Parker

Global energy investment is set to increase to a record $3.3-trillion this year, despite headwinds from elevated geopolitical tensions and economic uncertainty, according to the International... 


Industrial Gas Users Association South Africa CEO Jaco Human
Gas users call for fiscal guarantees to advance gas-cliff avoidance projects to ‘transactional level’
4th June 2025 By: Terence Creamer

Industrial Gas Users Association South Africa (IGUA-SA) CEO Jaco Human has called for the urgent finalisation of a fiscal guarantees framework to help progress, to a “transactional level”, the... 


An image of Renergen CEO Stefano Marani
DMPR upholds Renergen’s helium production right
26th May 2025 By: Tasneem Bulbulia

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... 


Natref refinery
Transnet ends long-drawn Sasol Oil dispute through R4.3bn settlement
26th May 2025 By: Marleny Arnoldi

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... 


President Cyril Ramaphosa with President Donald Trump in the Oval Office on May 21
Ramaphosa says Trump agreed to US attending G20 Summit in Joburg
26th May 2025 By: Terence Creamer

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
Mantashe wants newly launched SANPC to lead oil refining revival
23rd May 2025 By: Terence Creamer

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... 


Electricity and Energy Minister Dr Kgosientsho Ramokgopa
Gas should not been seen only as a transitional energy source – Ramokgopa
21st May 2025 By: Rebecca Campbell

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... 


Renergen’s JSE share price surges on buyout offer
20th May 2025 By: Schalk Burger

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... 


Sasol CEO Simon Baloyi
Sasol slashes emission-reduction capex but insists 30% target remains intact
20th May 2025 By: Terence Creamer

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... 


Nersa approves changes to pipeline licences for Sasol Oil, TotalEnergies
15th May 2025 By: Schalk Burger

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... 


A refinery
IEA forecasts global oil demand growth to slow to 650 000 bl/d for remainder of 2025
15th May 2025 By: Reuters

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... 


New National Petroleum Company aims to boost energy, fuel supply security synergies
14th May 2025 By: Schalk Burger

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... 


TotalEnergies' head office in France
TotalEnergies, BWEnergy set to decide on Namibia projects late next year, govt official says
14th May 2025 By: Reuters

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... 


Grindrod to exit marine fuel trading business
13th May 2025 By: Schalk Burger

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... 


Port of Richards Bay
TNPA selects preferred bidders for liquid bulk terminal contracts at Richards Bay
8th May 2025 By: Marleny Arnoldi

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.... 


Gas development delayed by court challenges
7th May 2025 By: Darren Parker

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... 


Gas flaring
Methane data and transparency improving, reducing avoidable emissions a knowledge issue – IEA
7th May 2025 By: Schalk Burger

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)... 


tetra4 truck
High Court ruling limits Nersa’s control over methane, helium trading – Renergen
6th May 2025 By: Darren Parker

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... 


A fuel gauge
Fuel prices to decrease in May, but LPG price to increase
5th May 2025 By: Sabrina Jardim

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... 


SANPC completes employee transfer in first phase of its operationalisation
2nd May 2025 By: Schalk Burger

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... 


Magazine cover image
Infrastructure link between gas demand and supply remains a constraint
2nd May 2025 By: Schalk Burger

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... 


Afreximbank launches $3bn intra-African oil import financing programme
29th April 2025 By: Schalk Burger

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... 


APPO urges continent to exploit its vast gas and oil reserves, echoing Trump’s energy nationalism
25th April 2025 By: Irma Venter

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... 


Standard Bank Group sustainability head Boitumelo Sethlatswe
Bank invests in oil, gas projects as part of mobilisation targets
25th April 2025

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... 


a computer generated image of the TotalEnergies’ liquefied natural gas project in Mozambique
US investment in Moz LNG projects pivotal moment – energy chamber
25th April 2025 By: Halima Frost

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... 


An image of Transnet LNG facilities
Nersa publishes gas strategy report
22nd April 2025 By: Tasneem Bulbulia

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... 


An oil refinery
Silver lining spied for Africa’s gold exporters, oil importers
22nd April 2025 By: Bloomberg

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
World Bank's Banga doubles down on intent to end a ban on loans for nuclear power projects
17th April 2025 By: Reuters

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 cuts global oil demand growth forecasts, citing US tariffs
14th April 2025 By: Reuters

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... 


Clean technology fund secures initial R2.4bn
11th April 2025 By: Darren Parker

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... 


A panel of experts unpack South Africa's gas projects, policies and the infrastructure needed to avoid the supply crunch.
South Africa urged to define the role of gas in its economy, future energy mix
10th April 2025 By: Schalk Burger

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... 


New National Petroleum Company starts operating one week later than planned
9th April 2025 By: Schalk Burger

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... 


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