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Oil & Gas

World Bank president Ajay Banga
World Bank's Banga doubles down on intent to end ban 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... 


Oil suffers biggest 5-day drop since 2022, metals plunge as trade war escalates
Oil suffers biggest 5-day drop since 2022, metals plunge as trade war escalates
9th April 2025 By: Reuters

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... 


Image of African Petroleum Producers' Organisation (APPO) secretary-general Dr Omar Farouk Ibrahim.
Echoing Trump, APPO says Africa has vast gas, oil reserves and must exploit them for ‘Africa first’
7th April 2025 By: Irma Venter

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... 


An offshore oil rig
Oil tumbles further as US-China trade conflict fuels recession fears
7th April 2025 By: Reuters

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... 


Standard Bank head of sustainability Boitumelo Sethlatswe
Standard Bank sets new sustainable finance target of R450bn by 2028
1st April 2025 By: Schalk Burger

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 starts review of mining, oil and gas laws
1st April 2025 By: Bloomberg

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... 


Cabinet spokesperson and Minister in The Presidency, Khumbudzo Ntshavheni
Cabinet to consider new Economic Growth Plan, as it mulls including gas in Operation Vulindlela
27th March 2025 By: Terence Creamer

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... 


Committee worried about ‘insufficient’ strategic fuel reserves
27th March 2025 By: Sabrina Jardim

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... 


carbon tax illustration
African exporters to face market challenges as EU expands Carbon Border Tax
26th March 2025 By: Darren Parker

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... 


Suiso, CGS launch joint programme to investigate carbon capture potential
25th March 2025 By: Darren Parker

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... 


PLANT-BASED PERFORMANCE
Evolve’s formulations are patented worldwide and are the only high-performance plant-based engine oils currently available
Evolve Lubricants pioneers high performance plant-based lubricants across multiple industries
21st March 2025

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... 


Midtier sub-Saharan Africa markets could see slight growth uptick in 2025
18th March 2025 By: Schalk Burger

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... 


Virginia gas project, in the Free State
Renergen sells first commercial liquid helium
14th March 2025 By: Marleny Arnoldi

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... 


PASA appoints Bongani Sayidini acting CEO
4th March 2025 By: Schalk Burger

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... 


SFF, PetroSA welcome Sesakho Magadla as acting Group CEO
3rd March 2025 By: Schalk Burger

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... 


The Secunda complex
Sasol cuts emissions-reduction capex as it confirms rejigged plan
24th February 2025 By: Terence Creamer

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... 


Sasol CEO Simon Baloyi
Repurposed Twistdraai destoning plant key to Sasol’s plan for recovering Secunda’s output
24th February 2025 By: Terence Creamer

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... 


Peter Huxham and Frik Potgieter
Petition for release of Potgieter, Huxham reaches 15 000 signatories
24th February 2025 By: Marleny Arnoldi

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... 


Sasol's Secunda plant
Research strongly forecasts Secunda plant will wind down from 2030, but Sasol disagrees
21st February 2025 By: Marleny Arnoldi

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 tempers oil expectations after recent drilling campaigns
19th February 2025 By: Reuters

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... 


Shell Downstream South Africa country chairperson Aluwani Museisi
Opinion: The budget must catalyse South Africa’s energy transformation
18th February 2025

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 Sapref refinery before it was closed
South Africa again flags mega oil refinery plan and expresses desire for regional partnership
18th February 2025 By: Terence Creamer

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.... 


Renergen navigating setbacks, commits to restoring investor confidence
Renergen navigating setbacks, commits to restoring investor confidence
13th February 2025

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... 


Shell's logo
Shell sees AI revolutionising energy system in new outlook
12th February 2025 By: Bloomberg

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... 


Africa Energy Bank targets mid-year launch with South Africa indicating interest
5th February 2025 By: Reuters

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,... 


Fuel station
Petrol price to increase by 82c, diesel by up to 105c
4th February 2025 By: Marleny Arnoldi

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... 


Mission 300 secures commitments to drive clean cooking energy in Africa
31st January 2025 By: Schalk Burger

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... 


Image of a SES vessel
Three new offshore supply vessels commissioned for Southern African oil company
29th January 2025 By: Irma Venter

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... 


sasol secunda
Sasol keeps its footing despite a challenging six months
23rd January 2025 By: Darren Parker

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 gas markets set to remain tight in 2025 – IEA
Global gas markets set to remain tight in 2025 – IEA
21st January 2025 By: Terence Creamer

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... 


Shell pursuing sustainability at Alberton depot
Shell pursuing sustainability at Alberton depot
15th January 2025

Oil and gas company Shell South Africa’s Alberton depot is pursuing sustainability through projects, including solar and battery power, and capacitation for biofuels.  


Sasol logo
Sasol fire heightens South Africa’s dependence on fuel imports
14th January 2025 By: Bloomberg

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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Aqs image
AQS Liquid Transfer

AxFlow AQS Liquid Transfer (Pty) Ltd is an Importer and Distributor of Pumps in Southern Africa

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The Southern African Institute of Mining and Metallurgy
The Southern African Institute of Mining and Metallurgy

The 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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M and J Mining
M and J Mining

M and J Mining are leading suppliers of physical support systems as used by the underground mining industry. Our selection of products are not...

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Goodwin Submersible Pumps Africa (Pty) Ltd
Goodwin Submersible Pumps Africa (Pty) Ltd

Goodwin Submersible Pumps Africa is sole distributors for Goodwin electrically driven, submersible, abrasion resistance slurry pumps.

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