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Oil & Gas

Port of Durban
Transaction adviser to validate strategy for Port of Durban’s liquid-bulk hub
11th November 2024 By: Creamer Media Reporter

South Africa’s Transnet National Ports Authority (TNPA) has appointed Zutari as the transaction adviser at the Island View precinct, the Port of Durban’s fuels and chemicals hub through which about... 


Sasol CEO Simon Baloyi
Sasol not in ‘sunset’ phase but transition plans cannot outpace market demand – Baloyi
5th November 2024 By: Terence Creamer

Sasol CEO Simon Baloyi has acknowledged that the group stands at the “threshold” of a potentially difficult energy transition but he has also disputed assertions that the carbon-heavy chemicals and... 


Electricity and Energy Minister Kgosientsho Ramokgopa
South Africa will champion African energy priorities at G20 next year – Ramokgopa
5th November 2024 By: Rebecca Campbell

South Africa will use its position as Chair of the G20 (the group of 19 major global economies plus the African Union and the European Union) next year to champion Africa’s energy priorities on the... 


South African oil group seeks to amend new law to woo investors
4th November 2024 By: Bloomberg

Some oil explorers are “not satisfied” with South Africa’s long-awaited rules for the industry that were signed into law last month by President Cyril Ramaphosa, according to a lobby group. The... 


Petroleum Products Bill released for public comment
24th October 2024 By: Creamer Media Reporter

The Department of Mineral Resources and Energy (DMRE) has published the draft Petroleum Products Bill for a 60-day public comment period, which was launched on October 21. The DMRE says the Bill,... 


Oil barrels
South Africa is still tapping oil stockpile to fund fuel subsidy
22nd October 2024 By: Bloomberg

South Africa is still selling oil from strategic stockpiles to fund measures introduced two years ago to cushion consumers from a spike in road fuel prices. The Strategic Fuel Fund Association paid... 


Sasol logo
Sasol's performance lags in Q1 owing to chemical market, coal quality issues
22nd October 2024 By: Marleny Arnoldi

JSE-listed petrochemicals group Sasol has reported a mixed production and sales performance for the three months ended September 30, with the company having been impacted on by the stronger rand,... 


komati power station with solar panels in front
German energy expert says energy transition a mistake
18th October 2024 By: Darren Parker

The energy transition in its current form, as a grid-scale build out of wind and solar with the goal to replace oil, coal, and gas, is probably one of the greatest mistakes that humanity has ever... 


The above image depicts Bowmans partner Dirk Wessels
Bill aims to bolster SA oil, gas investment
18th October 2024 By: Lynne Davies

With investor confidence in the upstream oil and gas sector currently being low, pan-African law firm Bowmans states that there is a need for the Upstream Petroleum Resources Development Bill... 


The above image depicts Webber Wentzel partner Jonathan Veeran
Firm concerned about Petroleum Resources Bill
18th October 2024 By: Lynne Davies

As the global upstream sector continues to grow, law firm Webber Wentzel says there has been “negative sentiment” about the recently approved Upstream Petroleum Resources Development Bill (UPRDB).... 


Mmete Fusi appointed acting group CEO of PetroSA
17th October 2024 By: Tasneem Bulbulia

The Petroleum Oil and Gas Corporation of South Africa (PetroSA) has appointed Mmete Fusi as acting group CEO, effective immediately. The entity highlights that Fusi has vast leadership experience... 


Africa Oil Week 2025 to be held in Ghana
9th October 2024 By: Rebecca Campbell

Africa Oil Week (AOW), which is currently marking its thirtieth anniversary at AOW 2024, which is in progress at the Cape Town International Convention Centre, has confirmed that AOW 2025 will be... 


African petroleum body head reaffirms importance of the sector to African development
8th October 2024 By: Rebecca Campbell

Africa cannot develop without oil and gas. So African Petroleum Producers Organisation (APPO) secretary-general Dr Omar Farouk Ibrahim unequivocally proclaimed on Tuesday, in his address at the... 


US sees oil and gas as essential to global energy but sector must cut greenhouse emissions
8th October 2024 By: Rebecca Campbell

The US recognised the vital role that oil and gas played in the global energy matrix, assured US Deputy Assistant Secretary of Energy Joshua Volz. He was addressing the Africa Oil Week 2024... 


Mineral and Petroleum Resources Minister Gwede Mantashe
Mineral and Petroleum Resources Minister Mantashe reaffirms support for oil and gas
8th October 2024 By: Rebecca Campbell

Ensuring the security of the country’s energy supplies and addressing energy poverty were objectives of the South African government, Mineral and Petroleum Resources Minister Gwede Mantashe told... 


Industrial Gas Users’ Association of Southern Africa CEO Jaco Human
Opinion: Non-profit gas aggregation imperative for South Africa
8th October 2024

In this opinion article, Industrial Gas Users’ Association of Southern Africa CEO Jaco Human makes the case for pursuing gas aggregation on a non-profit basis, while also urging Eskom and Sasol to... 


Magazine Cover Image
South African electricity sector’s migration to multimarket structure under way
4th October 2024 By: Schalk Burger

South Africa's energy market was liberalising and evolving, with State efforts to establish a stable and effective framework and moving at pace on energy transition matters, along with... 


An image of a wellhead at Sasol's Temane operations in Mozambique
Depleting gas reserves threaten future gas security
4th October 2024

Future security of supply is of major concern to pipeline operator Republic of Mozambique Pipeline Investments Company’s (Rompco’s) as gas supply from the Pande and Temane gasfields, operated by... 


An image of Sasol's operations in Sasolburg
Pace of energy transition cause for concern
4th October 2024 By: Nadine Ramdass

Despite consensus among South African businesses, including integrated energy and chemical company Sasol, on the necessity of achieving net-zero emissions by 2050, the debate regarding the pace of... 


OEC tank farm
R273m govt-funded Orion tank farm in Gqeberha unveiled
3rd October 2024 By: Darren Parker

The Orion Engineered Carbons (OEC) tank farm project, in Zone 7 of the Coega Special Economic Zone (CSEZ) in Gqeberha, in the Eastern Cape, has officially been unveiled. Trade, Industry and... 


Industrial Gas Users Association of Southern Africa executive officer Jaco Human
Don’t conflate Eskom-Sasol bilateral on LNG with ‘national strategy’ needed to avert gas cliff – IGUA-SA
25th September 2024 By: Terence Creamer

The Industrial Gas Users Association of Southern Africa (IGUA-SA) has welcomed the attention that South Africa’s impending “gas cliff” is finally enjoying from government through Electricity and... 


Photo of Terence Creamer
Eskom and Sasol explore demand anchors for LNG
23rd September 2024

Engineering News editor Terence Creamer discusses Eskom and Sasol’s collaboration on the potential to introduce liquified natural gas to replace natural gas imports from southern Mozambique, which... 


An image showing the Sapref refinery
Mantashe hails competition approval of CEF’s Sapref acquisition
20th September 2024 By: Tasneem Bulbulia

Mineral Resources and Energy Minister Gwede Mantashe has welcomed the Competition Commission’s approval of the Central Energy Fund’s (CEF's) application to acquire the South African Petroleum... 


Sasol CEO Simon Baloyi presents a slide on the gas cliff during a briefing at Megawatt Park, while Eskom CEO Dan Marokane and Electricity and Energy Minister Dr Kgosientsho Ramokgopa (seated at far right) listen.
Sasol and Eskom to explore demand anchors for LNG as part of effort to avert ‘gas cliff’
20th September 2024 By: Terence Creamer

Eskom and Sasol have signed a memorandum of understanding (MoU) to jointly explore the potential to introduce liquified natural gas (LNG) to replace natural gas imports from southern Mozambique,... 


Renergen plant resumes LNG production after completing scheduled maintenance
20th September 2024 By: Schalk Burger

Liquefied natural gas (LNG) and helium company Renergen says its LNG Virginia plant, in the Free State, has resumed LNG production after yearly maintenance of the entire plant and the notified... 


South African National Petroleum Company CEO Godfrey Moagi
New State-owned petroleum company granted permission to begin operating
18th September 2024 By: Terence Creamer

A new State-owned enterprise arising from a merger of three Central Energy Fund (CEF) subsidiaries – iGas, the Strategic Fuel Fund (SFF) and those divisions of PetroSA currently considered... 


New Sasol chairperson Muriel Dube
Sasol appoints Dube as new chair as sustainability pressures rise
16th September 2024 By: Terence Creamer

JSE-listed chemicals and energy group Sasol has appointed Muriel Dube, a former government climate negotiator, as its new chairperson following the resignation of Sipho Nkosi from the position in... 


Petredec CEO Jonathan Fancher and Transnet Group CE Michelle Phillips
Transnet, Petredec sign agreement to enhance bulk LPG distribution in South Africa
4th September 2024 By: Creamer Media Reporter

State-owned logistics infrastructure company Transnet and liquefied petroleum gas (LPG) value chain company Petredec have entered into an agreement to implement a groundbreaking rail freight... 


Sasol CEO Simon Baloyi
Sasol confirms refinements being made to emissions reduction pathway
3rd September 2024 By: Terence Creamer

Energy and chemicals group Sasol has reiterated that its target to reduce its greenhouse-gas (GHG) emissions by 30% by 2030 remains in place, but has also confirmed that it is refining its... 


South Africa is losing its trade competitiveness edge
2nd September 2024 By: Schalk Burger

Enormous investments are being made in ports, rail and transport logistics in Southern Africa, as well as more broadly in Africa, including by international companies and consortia. "Global... 


An image of Egoli Gas MD Mncedisi Mlilo
Pipeline enhancement to facilitate LNG distribution
30th August 2024 By: Nadine Ramdass

Johannesburg gas supplier Egoli Gas aims to develop the capacity to receive liquefied natural gas (LNG) into its pipeline network, with plans to expand access to other major metropolitan areas... 


An image of Perenco's Bipaga Gas Processing Centre in Cameroon
Gas-to-industry project launched in Cameroon
30th August 2024

Independent oil and gas company Perenco Cameroon launched Perenco Group's first gas-to-industry supply project in Central Africa, in July this year. The project involves the delivery of gas from... 


Legislative support needed to boost industry
30th August 2024

Within the last few months, the South African oil and gas industry has encountered both positive and negative impacts, however, inadequate legislative support presents a major hurdle, says energy... 


President Cyril Ramaphosa
President transfers legislation as part of steps to split mineral resources, energy portfolios
28th August 2024 By: Creamer Media Reporter

President Cyril Ramaphosa has transferred legislation previously administered by the Mineral Resources and Energy Minister to Mineral and Petroleum Resources Minister Gwede Mantashe and Electricity... 


Namibia aims to finalise sovereign wealth fund in 2025
28th August 2024 By: Reuters

Namibia's government plans to complete the establishment of its sovereign wealth fund in 2025, when it also expects its first offshore oil project to be approved, the southern African country's... 


An image of an Eskom substation and cooling towers
Eskom committed to sustainable future
23rd August 2024 By: Nadine Ramdass

State-owned electricity utility Eskom is focusing on reducing coal intensity and expanding renewable energy as part of its commitment to a sustainable future. This shift in strategy prioritises... 


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