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Oil & Gas

Commission refers excessive pricing complaint against Sasol Gas to Tribunal
11th July 2023 By: Schalk Burger

The Competition Commission has referred a complaint of excessive pricing of natural piped gas against Sasol Gas to the Competition Tribunal. “The commission found that Sasol Gas extracted mark-ups... 


Paratus, Ceragon sign multi-year partnership in Angola, Mozambique and Namibia
10th July 2023 By: Schalk Burger

Telecommunications and network company Paratus and wireless communications company Ceragon Networks have signed a multi-year agreement to provide high-capacity wireless offshore communication... 


petrol pumps
Petrol prices to drop, but diesel prices will rise
3rd July 2023 By: Darren Parker

The price of 93 unleaded petroleum (ULP) and leaded replacement petrol (LRP) will drop by 24 c/ℓ on July 5, while 95 ULP and LRP will come down by 17 c/ℓ, according to a statement issued by Mineral... 


Chieta CEO Yershen Pillay and EWSETA CEO Mpho Mookapele
EWSETA, Chieta collaborate to advance women, youth in the green hydrogen economy
3rd July 2023 By: Cameron Mackay

Education and skills development initiatives the Energy and Water Sector Education and Training Authority (EWSETA) and the Chemical Industries Education and Training Authority (Chieta) on June 30... 


Tribunal dismisses price fixing cartel case against five LPG firms
30th June 2023 By: Tasneem Bulbulia

The Competition Tribunal has dismissed a case of alleged price fixing against five liquefied petroleum gas (LPG) firms accused by the Competition Commission of having contravened Section 4(1)(b)(i)... 


Renergen secures $500m loan for Phase 2 of Virginia gas project
26th June 2023 By: Simone Liedtke

Green energy supplier Renergen has marked another significant milestone for Phase 2 of its Virginia gas project, through the completion of a notification process by the US International Development... 


Solar panels
Renewables growth did not dent fossil fuel dominance in 2022, report says
26th June 2023 By: Reuters

Global energy demand rose 1% last year and record renewables growth did nothing to shift the dominance of fossil fuels, which still accounted for 82% of supply, the industry's Statistical Review of... 


Natural gas presents clean, reliable low-carbon energy for Africa's development
23rd June 2023 By: Schalk Burger

Natural gas can provide Africa with a means of dramatically increasing the amount of energy available on the continent with significantly lower levels of greenhouse-gas emissions and pollution than... 


Growth in global oil demand set to slow significantly by 2028, report shows
14th June 2023 By: Tasneem Bulbulia

Growth in the world’s demand for oil is set to slow in the coming years, with the high prices and security of supply concerns highlighted by the global energy crisis hastening the shift towards... 


Renergen CEO Stefano Marani
Renergen’s shares rise on Phase 2 funding deal
7th June 2023 By: Creamer Media Reporter

Natural gas and helium producer Renergen’s JSE-listed share price rose by more than 11% on June 7 after the company announced progress in securing funds for the construction of Phase 2 of its... 


Coega
Coega reports significant progress on oil tank project
6th June 2023 By: Darren Parker

The Coega Development Corporation (CDC) says significant progress has been achieved on carbon black supplier Orion Engineered Carbon's (OEC's) oil tank project. Carbon black has numerous industrial... 


Two aircrafts close to one another preparing to refuel
New breakthrough for defence company
26th May 2023

Defence and manufacturing company Airbus Defence and Space and its wholly-owned subsidiary Airbus UpNext, have achieved in-flight autonomous guidance and control of a drone using an A310 MRTT. In... 


Magazine Cover image
Property owners view rapid solar roll-out as key to navigating loadshedding crisis
26th May 2023 By: Tasneem Bulbulia

As the energy crisis in the country incrementally worsens, the ramifications are considerable for property owners, who are having to resort to various options to limit the impact of prolonged... 


Rare shipment of US oil heads to South Africa for Glencore refinery
22nd May 2023 By: Reuters

A shipment of US oil is headed to South Africa for the first time in two years and destined for a Glencore-owned refinery in Cape Town that has restarted operations after an explosion shuttered it... 


IGUA-SA welcomes interdict ordering Sasol Gas not to increase prices for six months
19th May 2023 By: Schalk Burger

Industry association the Industrial Gas Users of South Africa (IGUA-SA) has welcomed the Competition Tribunal's order that energy and chemicals company Sasol be interdicted from increasing its... 


Sasol's CPF pipeline
Tribunal interdicts Sasol Gas from increasing its prices for six months
18th May 2023 By: Creamer Media Reporter

The Competition Tribunal has granted an interim relief application brought by the Industrial Gas Users’ Association of Southern Africa (IGUA-SA), interdicting Sasol Gas from increasing the price of... 


Mineral Resources and Energy Minister Gwede Mantashe
South Africa needs oil, gas, nuclear, as well as renewables – Mantashe
17th May 2023 By: Rebecca Campbell

Delivering the keynote address at the Enlit Africa conference in Cape Town on Wednesday, South African Mineral Resources and Energy Minister Gwede Mantashe reported that the current moratorium on... 


TNPA seeking LPG terminal developer, operator for the Port of Cape Town
9th May 2023 By: Tasneem Bulbulia

Transnet National Ports Authority (TNPA) is calling on interested parties to respond to a request for proposals (RFP) for a suitable terminal operator to finance, design, build and operate a... 


Eskom's Kusile power plant
Biggest African bank cites energy needs in fossil fuel defense
9th May 2023 By: Bloomberg

Standard Bank Group, Africa’s biggest lender by assets, defended it’s investment in fossil-fuel projects, saying tthe continent’s energy needs have to be balanced with climate concerns. The... 


TotalEnergies signs agreement to develop Kwanza basin blocks 20 and 21 in Angola
3rd May 2023 By: Schalk Burger

The Angolan Agência Nacional de Petróleo, Gás e Biocombustíveis (ANPG), Sonangol Pesquisa e Produção and diversified energy subsidiary TotalEnergies EP Angola have signed a heads of agreement... 


An image depicting wooden cubes stacked on top of one another engraved with circular economy symbols
Industry challenges need to be addressed
28th April 2023 By: Sabrina Jardim

The successful establishment of a natural gas economy in South Africa – which has significant gas resources – requires the addressing of associated challenges and the implementation of policies... 


An image depicting the Virginia gas project
Successful project promotes local gas economy
28th April 2023 By: Sabrina Jardim

With Phase 1 of the Virginia gas project – in the Free-State – having been a watershed for South Africa’s gas economy, Phase 2 of the project is expected to catapult South Africa to becoming one of... 


An image depicting a smiling woman, Patience Panashe
Local gas projects support gas economy
28th April 2023 By: Sabrina Jardim

South Africa’s significant natural gas reserves and extensive gas infrastructure exemplify the country’s potential to develop a natural gas industry, says research and strategy firm Birguid senior... 


Patented technology improves sustainability of plant
28th April 2023

Water treatment solutions provider Veolia Water Technologies’ patented solutions for wastewater treatment and biogas production are now in service at dairy company Pınar Süt’s factory in İzmir,... 


South Africa grants permit for offshore oil exploration study
26th April 2023 By: Bloomberg

South Africa granted an environmental permit for exploration activity in the Orange Basin off the nation’s west coast, adding to other work planned offshore. The area, which includes blocks... 


Congo’s landlocked oil lacks options as Total says pipeline full
24th April 2023 By: Bloomberg

The Democratic Republic of Congo’s vision of earning billions of dollars in revenue from dozens of landlocked oil blocks will remain distant without a connection to a lone export route to be... 


Green Connection mulls appeal of TotalEnergies’ approval to drill on southwest coast
21st April 2023 By: Marleny Arnoldi

Nonprofit organisation The Green Connection has described the Department of Mineral Resources and Energy’s (DMRE’s) decision to grant TotalEnergies Exploration and Production South Africa... 


Govt gives TotalEnergies green light to search for oil, gas between Cape Town, Agulhas
21st April 2023 By: News24Wire

The Department of Mineral Resources and Energy has granted TotalEnergies environmental authorisation to conduct exploratory drilling off the southwest coast. Interested and affected parties have 20... 


Sasol CEO Fleetwood Grobler
Sasol scrambles to run on gas and hydrogen in South Africa
13th April 2023 By: Bloomberg

South Africa’s second-biggest emitter aims to be among the continent’s biggest buyers of renewable energy – but for now Sasol remains firmly tied to fossil fuels. The company that made its name... 


Global gas flaring at lowest since 2010 - World Bank
31st March 2023 By: Schalk Burger

Progress in reducing gas flaring resumed in 2022, with gas flared worldwide having decreased by five-billion cubic meters (bcm) to 139 bcm, which is its lowest level since 2010, according to new... 


Absa announces net-zero emissions targets for 2050
24th March 2023 By: Schalk Burger

Financial services firm Absa has announced that its long-term ambition is to reach net-zero by 2050 for Scope 1, 2 and 3 greenhouse-gas emissions. It has also committed to setting near- and... 


Oil hits lowest since 2021 on banking fears
20th March 2023 By: Reuters

Oil prices fell on Monday to their lowest in 15 months on concern that risks in the global banking sector and a potential increase to US interest rates could spark a recession that would sap fuel... 


An image of Plastic Energy's Seville Plant
Recycling tech mitigates waste
17th March 2023 By: Nadine Ramdass

Plastic production has increased to more than one-million tonnes a day, resulting in a growing plastic waste challenge, which chemical recycling technologies can mitigate by turning the waste into... 


handcuffs
Transnet applauds sentencing of fuel thief
16th March 2023 By: Darren Parker

State-owned freight and logistics company Transnet has welcomed the sentencing of a perpetrator arrested for tampering with the petroleum pipeline and theft of 40 000 ℓ of diesel. The conviction in... 


Oil and gas pipeline
CEF expects newly merged SANPC to be stabilised by this time next year
14th March 2023 By: Marleny Arnoldi

The Central Energy Fund (CEF) Group of Companies on March 14 provided an update on the merger of its subsidiaries Petro SA, iGas and the Strategic Fuel Fund, to create a single entity called the... 


SFF progresses key oil, gas developments
14th March 2023 By: Marleny Arnoldi

The Strategic Fuel Fund (SFF) has finalised a terminal operator agreement for the Saldanha Bay Fuel Storage Terminal, relating to the handling and storing of crude oil, liquid petroleum gas (LPG)... 


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