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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...
Following its oversight visit to the Strategic Fuel Fund (SFF) this week, the Portfolio Committee on Mineral and Petroleum Resources has raised concern about the “insufficient” strategic fuel...
Recent amendments to the EU’s Carbon Border Adjustment Mechanism (CBAM) regulatory framework, introduced on February 26, are expected to have significant implications for African exporters. The...
Blue ammonia production company Suiso and the Council for Geoscience (CGS) have entered into a collaboration to research South Africa’s subsurface potential for carbon capture and green hydrogen...
Leading innovator in non-petroleum, plant-based lubricants Evolve Lubricants announced its launch in South Africa in June 2024. Since then, the high performance lubrication manufacturer has seen a...
Most midtier markets in sub-Saharan Africa are expected to see a slight uptick in their growth rates this year, economic and financial research company BMI sub-Saharan Africa country risk senior...
Natural gas and helium producer Renergen’s share price has increased by 40.5% on March 14 after announcing the start of commercial sales of liquid helium. This follows the company having faced...
Petroleum products exploration and production regulator the Petroleum Agency of South Africa (PASA) has appointed Dr Bongani Sayidini as acting CEO, with effect from March 1. “His appointment comes...
The board of the State-owned Strategic Fuel Fund (SFF) and Petroleum Oil and Gas Corporation of South Africa (PetroSA) has appointed Sesakho Magadla as acting Group CEO, effective immediately. The...
JSE-listed Sasol has confirmed significant changes to its emission reduction roadmap (ERR), while also announcing material reductions to its capital expenditure requirements for implementing the...
Energy and chemicals group Sasol is repurposing its Twistdraai export coal plant as a destoning operation to improve the quality of coal being used in its Secunda gasifiers, in Mpumalanga, where it...
The spokespeople for the families of Frik Potgieter and Peter Huxham, who have been detained in Equatorial Guinea for more than two years, over what is believed to be fabricated charges, have...
Petrochemicals giant Sasol is set to face significant headwinds at its Sasolburg and Secunda operations in the coming decade, including a R30-billion-a-year carbon tax cost. Researchers, having...
Namibia is taking a more cautious view on its long-term oil prospects after the latest exploration wells failed to add to a string of discoveries that started about three years ago. Chevron Corp...
In this article, Shell Downstream South Africa country chairperson Aluwani Museisi writes that the 2025 Budget speech must prioritise the long-term resilience of South Africa’s energy...
The South African government has reiterated its stance that South African needs a mega oil refinery despite “fundamental changes” under way globally, including the transition to electric mobility....
While South African natural gas and helium producer Renergen has faced a series of challenges that have impacted on its operations and financial standing in recent months, the company has...
AI could lead to significant energy demand growth as the technology is implemented across industries, an acceleration that could also help to halve the system’s carbon intensity by 2050, according...
The proposed Africa Energy Bank, which aims to fund oil and gas projects across the continent, is set to start operations by mid-year this year, with South Africa also indicating interest to join,...
Mineral and Petroleum Resources Minister Gwede Mantashe has announced the adjustment of fuel prices, based on current local and international factors, effective February 5. Petrol 93 and 95...
Twelve African countries signed energy compacts during the Mission 300 Africa Energy Summit, held in Tanzania this week, signalling their intent to accelerate the pace of access to electricity and...
Singapore shipbuilder Strategic Marine has commissioned three new offshore supply vessels for an unnamed national oil company in Southern Africa. The vessels will be used for passenger transfer to...
Despite challenging circumstances during the six months ended December 31, energy and chemicals company Sasol has stated that its market guidance for both its Mining and Gas divisions remains...
Global natural gas markets reached an all-time high last year and are set to remain tight in 2025 despite an ongoing rebalancing following the supply shock of 2022/23, the International Energy...
Oil and gas company Shell South Africa’s Alberton depot is pursuing sustainability through projects, including solar and battery power, and capacitation for biofuels.
A fire that shut Sasol’s Natref oil refinery leaves South Africa with only one crude-processing plant running, highlighting a growing reliance on fuel imports. The January 4 blaze at the facility —...
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VISIT SHOWROOMThe SAIMM started as a learned society in 1894 after the invention of the cyanide process that saved the South African gold mining industry of the...
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