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Oil & Gas

Oil rig
Oil price eases but IEA says Middle East tensions heighten global supply risks
15th April 2024 By: Terence Creamer

Despite a forecast of slowing oil demand and a likely peak in consumption by the end of the decade, the International Energy Agency (IEA) warned on Monday of heightened global oil security risks in... 


South African fossil fuel subsidies hit record R118bn in 2023 - IISD
South African fossil fuel subsidies hit record R118bn in 2023 - IISD
10th April 2024 By: Terence Creamer

A new study has found that South Africa's fossil fuel subsidies tripled between 2018 and 2023, rising to R118-billion from R39-billion over the period, with subsidies having been increased largely... 


Secunda complex
Sasol granted permission to use load-based limit to regulate SO2 emissions from Secunda boilers
8th April 2024 By: Terence Creamer

Forestry, Fisheries and the Environment Minister Barbara Creecy has granted Sasol South Africa permission to employ a load-based limit to regulate the sulphur dioxide (SO2) of its Secunda boilers... 


gas pipes leading to gas terminal
Role of gas in SA’s future energy mix under intense scrutiny
5th April 2024 By: Darren Parker

Given South Africa’s ongoing energy crisis, there remains much debate around whether gas should be included in the future energy mix and, if so, how much. Advocates argue that the fossil fuel is a... 


fossil fuel emissions
88% of global fossil fuel, cement CO2 emissions linked to 117 producers
4th April 2024 By: Darren Parker

A new report, released on April 4 by InfluenceMap using the Carbon Majors database, shows that 88% of global carbon dioxide (CO2) emissions from fossil fuels and cement from 2016 through 2022 can... 


Senegal's newly elected President Bassirou Diomaye Faye
Senegal's new president announces oil, gas and mining sector audit
4th April 2024 By: Reuters

Senegal will conduct an audit of the oil, gas and mining sectors, newly elected President Bassirou Diomaye Faye told the nation in a televised speech on Wednesday, while also reassuring investors... 


Mineral Resources and Energy Minister Gwede Mantashe
Mantashe names South African National Petroleum Company board, interim CEO
3rd April 2024 By: Terence Creamer

The inaugural board of the South African National Petroleum Company (SANPC) has been announced by Mineral Resources and Energy Minister Gwede Mantashe, who also confirmed Godfrey Moagi as the... 


Renergen's Virgina plant
Renergen’s helium plant integration nearly complete
28th March 2024 By: Darren Parker

Gas producer Renergen is approaching the final stages of its helium system integration, which will mark a significant step forward in its operations, making South Africa one of only eight countries... 


Minister in The Presidency Khumbudzo Ntshavheni
Release of Gas Master Plan approved at Cabinet’s last official meeting ahead of May poll
28th March 2024 By: Terence Creamer

Cabinet approved the publication of the long-awaited Gas Master Plan for public comment during what was the last formal meeting of the executive ahead of the May 29 election. However, Minister in... 


Four sites have been selected for a solar PV pilot project, after which solar PV will be rolled out to all bpSA-owned sites
Energy major gears up to roll out solar across retail sites as it marks South African centenary
28th March 2024 By: Terence Creamer

Energy group bp Southern Africa (bpSA) has set the expansion of its service station network in South Africa as a key priority as it moves to mark its centenary in a country where it first began... 


Oil and gas rig
Enviro groups approach High Court over TotalEnergies Cape coast drilling plans
26th March 2024 By: Marleny Arnoldi

Environmental organisations The Green Connection (TGC) and Natural Justice have submitted an application in the High Court against the environmental authorisation granted to TotalEnergies... 


Kinetiko’s deepest core hole to date reveals promising results
26th March 2024 By: Darren Parker

ASX-listed Kinetiko Energy, which is conducting onshore gas exploration in Mpumalanga, South Africa, has completed its deepest core hole to date. “Following our previous announcement indicating... 


An image of GE Vernova’s Sub-Saharan Africa gas power service MD Kenneth Oyakhire.
Mixed generation necessary for ‘seamless’ energy transition
22nd March 2024 By: Trent Roebeck

The energy transition – in South Africa, Africa, and globally – entails an appropriate mix of energy generation sources, including gas, hydrogen power and renewables, in order to achieve the goals... 


Renergen, Airsol deal now complete
20th March 2024 By: Simone Liedtke

Gas producer Renergen has completed all the required steps for Airsol, a company fully owned by SOL S, to invest in special bonds called convertible debentures. These bonds can be turned into... 


LNG infrastructure
Energy investor Reatile gears up for LNG importation as gas shortage looms
15th March 2024 By: Marleny Arnoldi

In light of the looming natural gas supply constraints from mid-2026, investment company Reatile Group is actively engaging Sasol on mitigating the gap between 2026 and the eventual arrival of... 


Zaffra CEO Jan Toschka
New sustainable aviation fuels venture established by Sasol and Topsoe
15th March 2024 By: Creamer Media Reporter

A new venture focusing on the development and delivery of sustainable aviation fuels has been officially launched jointly by Sasol and Topsoe. Known as Zaffra and headquartered in Amsterdam, in The... 


Speakers who participated in the webinar hosted by Creamer Media on March 13.
Local gas supplies not likely to come on stream in time for South Africa to avoid a 'gas cliff'
13th March 2024 By: Darren Parker

Although gas is widely regarded as a necessary part of South Africa’s future energy mix, Presidential Climate Commission (PCC) head of mitigation Steve Nicholls is not convinced that a reliable... 


Methane emissions in the oil and gas industry
Energy industry’s methane emissions near record despite pledges
13th March 2024 By: Bloomberg

Global methane emissions from fossil fuels held near a record high last year, the International Energy Agency (IEA) said in its annual 'Methane Tracker' report, renewing concerns that governments... 


Sasol's central processing facility in Mozambique
Mozambique lays down legislation to govern revenue from natural-gas exports
13th March 2024 By: Bloomberg

Mozambique’s council of ministers approved a decree for the nation’s new sovereign wealth fund legislation, governing how one of the world’s poorest nations spends earnings from an estimated... 


TotalEnergies acquires an interest in Orange Basin offshore exploration licence
6th March 2024 By: Schalk Burger

Energy company TotalEnergies has acquired, with its partner State-owned QatarEnergy, participating interests in Block 3B/4B offshore of South Africa from Africa Oil South Africa, Azinam and... 


An image showing Sasol's new forecourt design
Sasol launches its new forecourt station design
4th March 2024 By: Tasneem Bulbulia

The Sasol Energy Business recently launched its new forecourt design, referred to as Mark – V design, to industry. The new retail forecourt and convenience store design, launched in Secunda,... 


BLSA CEO Busi Mavuso
Mavuso urges public-private collaboration to mitigate looming natural gas cliff
4th March 2024 By: Marleny Arnoldi

Once again policy inaction and government’s inability to commit to large-scale investment will lead to a new blow to energy availability in the economy, with the looming natural gas cliff from... 


TFR acting CEO Russell Baatjies and Sasol CEO Fleetwood Grobler sign the agreement, alongside their respective teams
Sasol to fund TFR’s maintenance of 128 ammonia tankers
28th February 2024 By: Terence Creamer

JSE-listed Sasol has signed a five-year public-private partnership (PPP) agreement with Transnet Freight Rail (TFR), under which the energy and chemicals group will fund the maintenance and repair... 


Gas tap with pipeline
Decisions, collaboration in next few months are crucial to bridge 2026 gas cliff, IGUA-SA warns
27th February 2024 By: Marleny Arnoldi

Large industrial gas users are starting to prepare for what will likely be South Africa’s next big energy crisis, the imminent shortage of natural gas. Petrochemicals manufacturer Sasol, as the... 


Sasol CEO Fleetwood Grobler
Sasol prioritising coal de-stoning investment as it seeks to allay fears over big Secunda output dip
26th February 2024 By: Terence Creamer

Energy and chemicals group Sasol has moved to address investor concerns that its yearly production at Secunda will need to fall to only 6.7-million tons for it to meet its goal of reducing the... 


OATC representative Gary Concar
OATC celebrates tenth anniversary, highlights importance of offshore safety
23rd February 2024 By: Sabrina Jardim

The Offshore Africa Training Centre (OATC), in Cape Town, in the Western Cape, celebrated its tenth anniversary on February 22 and introduced a new survival training course. As South Africa moves... 


Europe, Africa oil markets tighten, lending support to futures
23rd February 2024 By: Reuters

Red Sea shipping delays and Opec+ supply cuts are tightening physical oil markets in Europe and Africa as well as the Brent crude market structure, lending further support to oil futures prices,... 


MOZAMBIQUE-SECUNDA PIPELINE
Rompco operates the 865 km pipeline linking Mozambique’s gas fields to markets in Mozambique and industrial operations in Secunda
Pipeline progress enhances Southern Africa’s energy market, capacity
16th February 2024 By: Simone Liedtke

Gas is a key enabler for economic growth and social development in the Southern Africa region, and a cleaner alternative to fossil fuels, says joint venture (JV) Republic of Mozambique Pipeline... 


TotalEnergies CEO Patrick Pouyanne
TotalEnergies CEO says IMF debt rules hobbling African green energy projects
15th February 2024 By: Reuters

Renewable energy investments in Africa are being hobbled by insufficient government loan guarantees, as the International Monetary Fund keeps a tight leash on country indebtedness, TotalEnergies... 


Africa’s biggest oil and gas finds are doing little for economies at home
12th February 2024 By: Bloomberg

The last thing Senegal needed in its long-drawn-out effort to capitalize on large oil and gas finds off its coast was political turmoil. Africa’s newest natural gas superstar had bubbled with... 


Sasol Secunda
Sasol warns of lacklustre interim results amid volatile macroeconomic environment
9th February 2024 By: Darren Parker

Energy and chemicals company Sasol has attributed its “underwhelming” upcoming financial results for the six months ended December 31, 2023, to continued volatility in the macroeconomic... 


The above image depicts an item that has been surrounded in a preservation material to prevent corrosion
Supplier outlines corrosion challenges for long-lead items
9th February 2024 By: Lynne Davies

Oil and gas facility owners and operators face numerous challenges regarding effective corrosion protection that can directly impact on their operating a profitable, safe and compliant facility,... 


Families call for increased efforts to release two SA engineers arrested in Equatorial Guinea a year ago
6th February 2024 By: Tasneem Bulbulia

February 9 will mark one year since two South African engineers, Frederik Potgieter (54) and Peter Huxham (55) - the latter a dual South African/UK citizen - were detained in Equatorial Guinea on... 


Mahlako Gas Energy invests in Tetra4 after it secures onshore petroleum licence
6th February 2024 By: Schalk Burger

Gas asset investment company Mahlako Gas Energy (MGE) has concluded its investment in Tetra4, which holds South Africa’s first onshore petroleum production licence. MGE, which now holds a 5.5%... 


petrol pumps
Petrol, diesel prices to go up by more than 70c/ℓ on Wednesday
6th February 2024 By: Darren Parker

Both 93 and 95 unleaded petrol (ULP) and lead replacement petrol (LRP) are going to cost an additional 75c/ℓ from February 7. The cost of diesel is also going to increase. For 0.05% sulphur diesel,... 


A container ship passing an oil platform near the Suez Canal
Europe, Africa crude market tightens on Red Sea disruptions, China demand
22nd January 2024 By: Reuters

The Brent crude market structure and some physical markets in Europe and Africa are reflecting tighter supply resulting partly from concern about shipping delays due to vessels avoiding the Red... 


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