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Oil & Gas

Simon Baloyi
Baloyi selected to replace Grobler as Sasol CEO
17th November 2023 By: Terence Creamer

Chemicals and energy group Sasol has announced the appointment of Simon Baloyi as its new president and CEO effective from April 1, 2024, when he will succeed Fleetwood Grobler, who will continue... 


Mineral Resources and Energy Minister Gwede Mantashe
Bill outlines broad ‘energy value chain’ mandate for State petroleum company
14th November 2023 By: Terence Creamer

Mineral Resources and Energy Minister Gwede Mantashe has released a draft Bill for public comment outlining the establishment of the South African National Petroleum Company (SANPC), which the... 


Anglo American's Moranbah coal mine and power plant
Europe warns methane polluters as bloc pushes to slash emissions
14th November 2023 By: Bloomberg

The European Union (EU)  aims to slash methane emissions by clinching a deal that could have global ramifications if major energy importers are targeted over leaks of one of the most potent... 


former Sasol chairperson and nonexecutive director Sipho Nkosi
Sipho Nkosi resigns as Sasol chair
13th November 2023 By: Darren Parker

Sipho Nkosi has stepped down as chairperson and nonexecutive director of energy and chemicals company Sasol, effective November 10.  His decision to resign emanated from the conclusion that, while... 


Africa’s biggest oil refinery still months from full start
9th November 2023 By: Bloomberg

The full ramp up of Africa’s largest oil refinery, a landmark moment for crude and fuel markets both regionally and beyond, is still a long way off. The Dangote plant in Nigeria just concluded a... 


sasol sign
Sasol defends disclosure of potential decarbonisation shortcomings as responsible corporate citizenship
3rd November 2023 By: Darren Parker

Energy and chemicals company Sasol has taken exception to nonprofit organisation Just Share accusing it of shirking its responsibility to meet its previously stated goal of reducing its... 


Mantashe seeks to extend life of coal-fired power stations
3rd November 2023

Mineral Resources and Energy Minister Gwede Mantashe has called on the private sector to “please and come talk to us” if they have any ideas on extending the life of South Africa’s fleet of... 


Wind turbines and solar PV panels
Panel stresses need for supply chain diversification
2nd November 2023 By: Marleny Arnoldi

As Russia continues to wage war in Ukraine, it has shone a spotlight on supply chains and the sourcing of materials. Speaking during a panel hosted by British newspaper Financial Times during its... 


Australian explorer advances in gas potential probe in South Africa’s Mpumalanga province
31st October 2023 By: Marleny Arnoldi

ASX-listed gas explorer Kinetiko Energy will start drilling five appraisal production wells to the west and north of Volksrust, in February next year, in efforts to commercialise advanced shallow... 


An offshore oil rig
Global oil demand to reach its peak this decade, IEA says
24th October 2023 By: Bloomberg

Global demand for oil will reach its peak this decade, the International Energy Agency predicted for the first time, amid growing popularity of electric cars and the cooling of China’s economy. The... 


Image of the South Sudan flag
Africa needs an energy transition that reflects its reality – Congo, South Sudan Ministers
20th October 2023 By: Irma Venter

Africa is largely transitioning "from nothing”, says South Sudan Petroleum Minister Puot Kang Chol. Speaking on Africa’s agenda for the forthcoming COP28 at the African Energy Week held in Cape... 


Shell's court battle over South African energy exploration delayed – lawyer
18th October 2023 By: Reuters

A court case over whether to allow Shell to explore for oil and gas off South Africa's pristine Wild Coast has been delayed until next year, a lawyer for environmentalists said on Wednesday. Shell... 


Africa needs to develop hydrocarbon resources, but must do so responsibly
12th October 2023 By: Rebecca Campbell

Understanding was growing that Africa could not go without developing its oil and gas resources, highlighted Africa Finance Corporation senior VP: financial advisory Mohammed Abdul-Razaq. He was... 


African oil and gas projects can need innovative finance, and carbon credits can be an option
12th October 2023 By: Rebecca Campbell

“We continue to support the natural resources space,” assured Africa Finance Corporation (AFC) senior VP financial advisory Mohammed Abdul-Razaq, in a panel discussion at the Africa Oil Week... 


ESG important for African hydrocarbon projects but the term covers very different themes
12th October 2023 By: Rebecca Campbell

The abbreviation ESG took three very different themes and lumped them all together, cautioned Ernst & Young EMEIA energy and resources partner Jon Clark. He was participating in a panel discussion... 


Nigerian oil regulator 'optimistic' on Exxon asset sale to Seplat
11th October 2023 By: Reuters

The head of Nigeria's oil regulator said he is "very optimistic" that oil major Exxon Mobil's asset sale to Seplat Energy can move forward, he told Reuters on Wednesday. The regulator last year... 


Namibia sees first oil from offshore discoveries by 2030
11th October 2023 By: Reuters

Namibia expects the first oil from major offshore finds by 2030 and is considering a floating production storage and offloading (FPSO) platform to help it export the crude oil, its petroleum... 


DMRE director-general Jacob Mbele
South Africa's gas master plan ready, official says
10th October 2023 By: Reuters

South Africa's master plan to develop its gas market is finally ready after repeated delays as it aims to reduce its carbon emissions and avoid chronic power outages that have plagued Africa's most... 


Astron petrol station
Chevron, Astron extend use rights, debrand agreements
9th October 2023 By: Darren Parker

Energy companies Chevron Brands International and Astron Energy have entered into an agreement to extend the existing Caltex use rights and debrand agreements for South Africa and Botswana until... 


Magazine cover image
Energy transition has potential to dramatically increase demand for steel
6th October 2023 By: Sabrina Jardim

With local electricity grid constraints becoming more prevalent and given the global emphasis on decarbonisation, the ongoing energy transition, as well as loadshedding, are expected to present... 


‘Wrongfully convicted’ South African engineer makes contact with family after seven months
3rd October 2023 By: Marleny Arnoldi

An engineer, Peter Huxham, who is being held unlawfully in a prison in Equatorial Guinea after being arrested at his hotel in Malabo, in February, on allegations of drug-related charges, has made... 


TotalEnergies' logo at its headquarters in France
South Africa gives go-ahead for TotalEnergies to drill offshore
3rd October 2023 By: Reuters

South Africa's environment ministry has given the go-ahead for TotalEnergies to drill offshore for gas and oil, after rejecting an appeal from more than a dozen individuals and lobby groups who... 


Renergen achieves environmental permit milestone
29th September 2023 By: Simone Liedtke

Green energy supplier Renergen’s Virginia Phase 2 gas project, in South Africa’s Free State, has achieved a significant milestone with the receipt of environmental authorisation (EA). The... 


Calls for increased LPG consumption to address continent’s energy poverty 
28th September 2023 By: Tasneem Bulbulia

It is vital that South Africa diversifies its energy mix to end energy poverty, and liquified petroleum gas (LPG) has a role to play in this, with it presenting the potential to provide a cleaner... 


TotalEnergies announces positive results in Namibia and will raise shareholder payouts
27th September 2023 By: Reuters

French company TotalEnergies announced on Wednesday some positive results at an exploration well in Namibia and added it would increase its returns to shareholders, as part of an investor day.... 


Sasol Secunda
Sasol’s plans to replace coal with LNG put on hold
26th September 2023 By: Darren Parker

JSE-listed energy company Sasol has placed on hold the implementation of its planned additional gas reforming capacity at its Secunda plant, in Mpumalanga. Speaking at an investor site visit on... 


Magazine Cover Image
Funding increases for small business energy solutions as investment case improves
22nd September 2023 By: Schalk Burger

Different renewable energy, energy storage and/or generator solutions can partially address small businesses' energy related challenges, and funding to install such solutions in small businesses is... 


Kinetiko takes full ownership of Amersfoort gas project
Kinetiko takes full ownership of Amersfoort gas project
21st September 2023 By: Esmarie Iannucci

South Africa-focused Kinetiko Energy has taken full ownership of the Afro Energy joint venture, having completed the acquisition of partner Badimo Gas’ interest. Kinetiko has issued Badimo with... 


An oil and gas exploration rig in Namibia
Africa’s newest oil jackpot comes with a corruption curse
20th September 2023 By: Bloomberg

It’s touted by some as possibly the world’s biggest-ever deep-water oil find. The discovery off the shores of Namibia last year by TotalEnergies and Shell of an estimated 11-billion barrels of... 


Asia expected to dominate refinery FCCU capacity by 2027
8th September 2023

Asia is expected to witness the highest refinery fluid catalytic cracking unit (FCCU) capacity additions globally between 2023 and 2027, contributing about 58% of the total capacity additions by... 


Large-scale oil, gas comeback for Angola
8th September 2023

Recent deepwater discoveries and fiscal policy improvements have contributed to a significant uptick in investments in Angola’s oil and gas industry, says energy advocacy group African Energy... 


An image of filling diesel in a vehicle
Breather range prevents contamination
8th September 2023 By: Nadine Ramdass

Lubrication and industrial equipment specialist ISO-Reliability Partners’ desiccant breather range is a cost-effective solution to prevent fuel contamination. Companies can reduce internal tank... 


An image of WSGES Singapore team working on a FPSO project
Firm secures FPSO projects
8th September 2023

Industrial services specialist WSG Energy Services (WSGES) of Singapore has secured multiple contracts for floating production, storage and offloading (FPSO) vessel projects with a combined value... 


An image of dirt in a fuel entrance point
Fuel contaminants result in equipment damage
8th September 2023

A lack of knowledge about fuel contaminants results in inadequate fuel protection during the various stages of distribution and storage, and these contaminants can negatively impact the efficient... 


Sasol to work with Vertree to access carbon credits, environmental investments
6th September 2023 By: Creamer Media Reporter

Chemicals and energy group Sasol has signed a three-year agreement to work with international carbon solutions provider Vertree Partners on access to carbon credits and climate investments. In a... 


Gas production to increase
1st September 2023

A resurgence in global gas production, anticipated to increase by 1.6%, is forecasted for 2023. This growth is expected to be led by Africa, Latin America and the Caribbean (LAC), the Middle East... 


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Magazine round up | 13 December 2024
Magazine round up | 13 December 2024
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