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Oil & Gas

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... 


Sasol CEO Simon Baloyi
Sasol extends gas supply plateau to June 2027 but only as ‘bridge’ to LNG imports
20th August 2024 By: Terence Creamer

Energy and chemicals group Sasol has confirmed a yearlong extension, to June 2027, in its gas supply from southern Mozambique to South African industrial customers, which have been warning of a... 


The E-house facility built at Sasol's Upstream PSA project in Mozambique
WEG Africa builds substation E-house facility for Sasol's Upstream PSA project in Moz
20th August 2024 By: Schalk Burger

Electrical equipment manufacturer WEG Africa has completed a large substation E-house solution, which includes distribution transformers and a diesel generator set, for energy and chemicals company... 


Renergen CEO Stefano Marani
Renergen says 'relevant' authorities have found no corporate governance wrongdoing
15th August 2024 By: Darren Parker

ASX- and JSE-listed Renergen says it has been cleared of any wrongdoing following an investigation into allegations levelled at the company over the past few months regarding potential... 


sasol secunda
Impairments to push Sasol into a net loss
12th August 2024 By: Darren Parker

JSE-listed energy company Sasol has reported that its financial results for the year ended June 30 were negatively impacted on by challenging market conditions, including continued pressure from... 


Petrol pumps
Stronger rand contributes to lower fuel price for August
5th August 2024 By: Marleny Arnoldi

The Department of Mineral Resources and Energy, which is being separated into the Department of Electricity and Energy and the Department of Mineral and Petroleum Resources, has announced decreases... 


Drill rig on Brulpadda prospect
TotalEnergies exits Brulpadda and Luiperd gas finds, describing them as ‘too challenging’ to develop
29th July 2024 By: Terence Creamer

TotalEnergies has formally announced its withdrawal from the Brulpadda and Luiperd exploration blocks off the southern coast of South Africa, where TotalEnergies EP South Africa holds a 45%... 


Business interruption, energy crisis, climate change top oil and gas industry concerns
16th July 2024 By: Schalk Burger

Business interruption was named the top risk in the oil and gas sector by 45% of respondents to a survey conducted by insurance and risk company Allianz Risk Barometer. This was followed by the... 


A Shell logo
Shell wants permission to drill off South Africa's west coast
9th July 2024 By: Reuters

Shell is seeking government permission authorities to drill up to five offshore wells off the west coast of South Africa, a draft scoping report from environmental consultancy SLR showed on... 


Separation of energy portfolio welcomed
Separation of energy portfolio welcomed
5th July 2024 By: Creamer Media Reporter

Engineering News editor Terence Creamer discusses President Cyril Ramaphosa's decision to separate the energy portfolio from that of mineral and petroleum resources; what the priorities are for the... 


TotalEnergies plans to exit South African offshore gas finds
2nd July 2024 By: Bloomberg

TotalEnergies plans to exit its discoveries of gas-condensate off the tip of South Africa to prioritize exploration in other areas closer to Namibia, according to people familiar with the matter.... 


Frederik Potgieter and Peter Huxham
UN calls for Potgieter, Huxham’s immediate release from Equatorial Guinea prison
2nd July 2024 By: Darren Parker

The UN Working Group on Arbitrary Detention has called for the immediate release of South African engineers Frederik Potgieter and Peter Huxham, declaring in a formal opinion that the detention of... 


Dr Kgosientsho Ramokgopa speaking during an Eskom power station visit while still Electricity Minister
Separation of energy portfolio and Ramokgopa’s appointment praised amid rising energy-transition complexity
1st July 2024 By: Terence Creamer

The decision to establish a separate energy portfolio with the African National Congress’s Dr Kgosientsho Ramokgopa as Minister and the Democratic Alliance’s Samantha Graham as Deputy Minister has... 


An image of the 2023 African Energy Week central stage
Event to highlight key African projects
28th June 2024

The upcoming African Energy Week (AEW): Invest in African Energy 2024 conference will focus on critical industry issues and investment opportunities in Africa's energy sector, including discussion... 


Wärtsilä renews partnership in Morocco for maintenance of two power plants
25th June 2024 By: Schalk Burger

Industrial technology company Wärtsilä has signed a five-year maintenance agreement covering 169.5 MW of power generation for two Moroccan power plants owned and operated by Moroccan utility Office... 


Transnet to appeal order to pay billions in damages following long-running Natref dispute
Transnet to appeal order to pay billions in damages following long-running Natref dispute
20th June 2024 By: Terence Creamer

The High Court has found in favour of Sasol Oil and TotalEnergies in relation to a long-running dispute with Transnet over pipeline tariffs from Durban to the Natref refinery and has awarded... 


G7 leaders commit to faster transition from fossil fuels - draft statement
G7 leaders commit to faster transition from fossil fuels - draft statement
14th June 2024 By: Reuters

Leaders of the Group of Seven (G7) developed democracies will commit to accelerating their transition away from fossil fuels during this decade, according to a draft of a statement to be issued at... 


Webber Wentzel senior associate Francois Sieberhagen
Opinion: Beware, but do not fear!
14th June 2024

In this article, Webber Wentzel senior associate Francois Sieberhagen writes about the implications of the Supreme Court of Appeal's (SCA's) judgment in the case of Minister of Mineral Resources... 


Kinetiko secures A$4.9m
12th June 2024 By: Tasneem Bulbulia

ASX-listed Kinetiko Energy’s renounceable pro-rata entitlement offer to eligible shareholders, announced in May, closed on June 11 and raised about A$4.9-million (before costs), with strong support... 


Demonstrations by climate activists
Green Connection petitions court to ‘force’ Nersa, DMRE to supply Karpowership information
5th June 2024 By: Darren Parker

Environmental activist nonprofit organisation the Green Connection has taken the National Energy Regulator of South Africa (Nersa) and the Department of Mineral Resources and Energy (DMRE) to court... 


Wild Coast communities mull appeal of SCA gas exploration right ruling
Wild Coast communities mull appeal of SCA gas exploration right ruling
3rd June 2024 By: Terence Creamer

While dismissing an appeal of a High Court judgment setting aside a right granted to Shell to explore for oil and gas off South Africa’s Wild Coast, the Supreme Court of Appeal (SCA) has suspended... 


OPEC+ extends deep oil production cuts into 2025
3rd June 2024 By: Reuters

OPEC+ agreed on Sunday to extend most of its deep oil output cuts well into 2025 as the group seeks to shore up the market amid tepid demand growth, high interest rates and rising rival US... 


Natref refinery
Commission grants approval for England-based Prax to acquire Natref
30th May 2024 By: Marleny Arnoldi

The Competition Commission has conditionally approved a proposed transaction between Prax South Africa and the National Petroleum Refiners of South Africa (Natref), whereby the former intends to... 


Oil and gas industry body shines spotlight on Angolan market
28th May 2024 By: Rebecca Campbell

The African Energy Chamber (AEC) has highlighted the opportunities provided by Angola’s oil and gas industry. The Chamber points out that oil and gas forms the lynchpin of the Angolan economy and... 


An image of the Sapref refinery
bp, Shell agree to sell Sapref land, associated assets to the CEF
27th May 2024 By: Tasneem Bulbulia

Following successful negotiations, bp Southern Africa and Shell Downstream South Africa (SDSA) have reached an agreement for the sale of their respective 50% ownership of assets located at the... 


gas pipelines
Gas still has a crucial role to play in South Africa’s energy mix – Kearney
23rd May 2024 By: Darren Parker

Gas has an important role to play in South Africa’s energy transition journey, Kearney partner Prashaen Reddy says amid calls for public comments on a draft Gas Master Plan, which was released for... 


Air Products to play pivotal role in hydrogen mobility ecosystem
Air Products to play pivotal role in hydrogen mobility ecosystem
22nd May 2024

Industrial and specialty gas manufacturer and supplier Air Products South Africa is aiming to play a pivotal role in establishing a sustainable and thriving hydrogen mobility ecosystem in the... 


totalenergies logo and building
TotalEnergies, Petronas, Sonangol to proceed with Angolan deepwater project
21st May 2024 By: Darren Parker

Energy company TotalEnergies (40%), along with its Block 20/11 partners, Petronas (40%) and Sonangol (20%), have announced the final investment decision (FID) of the Kaminho deepwater project to... 


Nersa approves Sasol Gas’ price application
10th May 2024 By: Tasneem Bulbulia

The National Energy Regulator of South Africa (Nersa) on April 29 approved Sasol Gas’ application for a maximum price of gas for the period July 1, this year, to June 30, 2025. This results in the... 


South Africa may curb Shell’s oil exploration over gas-pump exit
10th May 2024 By: Bloomberg

South Africa’s energy ministry signaled it may grant fewer oil exploration permits to Shell over the company’s plans to exit the nation’s fuel-supply business. The oil major is selling its... 


Business Leadership South Africa CEO Busisiwe Mavuso
Coordinated, rapid plan needed to avoid ‘gas cliff’ – Mavuso
6th May 2024 By: Sabrina Jardim

In her latest weekly newsletter, Business Leadership South Africa CEO Busisiwe Mavuso warns that South Africa could face a “gas cliff” when the supply of gas to industrial users ceases in 2026. In... 


Shell to exit South Africa's downstream businesses
6th May 2024 By: Reuters

Oil major Shell will divest its majority shareholding from a local South African downstream unit after a comprehensive review of its businesses across all regions, it said on Monday. "As a result... 


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Magazine round up | 13 December 2024
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