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Oil & Gas

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... 


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 By: Shannon de Ryhove

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... 


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