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Oil & Gas

Kenya’s Ruto breaks ranks, says Africa must leapfrog fossil fuel
5th October 2022 By: Bloomberg

Kenya’s President William Ruto, who took office last month, urged Africa to embrace renewable energy, breaking ranks with continental peers that are pressing ahead with plans to develop natural gas... 


Oil and gas still important for Africa, says Mantashe
4th October 2022 By: Rebecca Campbell

In his keynote address to the Africa Oil Week 2022 conference in Cape Town on Tuesday, South African Mineral Resources and Energy Minister Gwede Mantashe highlighted that petroleum and natural gas... 


Combat energy poverty as well as achieve decarbonisation - Mantashe
4th October 2022 By: Rebecca Campbell

Mineral Resources and Energy Minister Gwede Mantashe on Tuesday warned that the need to transition to low-carbon energy sources sat “uncomfortably” with energy poverty in Africa. He did so in his... 


Africa needs an Afrocentric energy transition, not a just one, argues former Nigerian Minister
3rd October 2022 By: Rebecca Campbell

There is no such thing as a Just Energy Transition, affirmed Africa Oil Week Ambassador, and former Nigerian Minister of State for Petroleum Resources and former Group MD of the Nigerian National... 


Mantashe unexpectedly addresses oil conference on Monday
3rd October 2022 By: Rebecca Campbell

Although not programmed to do so, South African Mineral Resources and Energy Minister Gwede Mantashe addressed the Ministerial and VIP Symposium of the Africa Oil Week conference and Green Energy... 


Magazine cover image
Coastal communities call for greater consultation on oil and gas exploration
30th September 2022 By: Donna Slater

Large- and small-scale fishers and communities on the Wild Coast of South Africa request that, at the very least, more scientific research be done on the effects of exploration activities, and that... 


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Shell Lubricant Solutions working on ‘more than a few’ modern solutions
29th September 2022 By: Simone Liedtke

The evolution of technologies in various sectors require “more than a few” modern fuel and lubrication solutions, which means that the evolution of solutions needs to be aligned to the technologies... 


PetroSA parts ways with CEO
28th September 2022 By: News24Wire

State-owned oil company PetroSA has parted ways with its CEO only two years into his contract under circumstances the company says it will not disclose.  Pragasen Naidoo, a chemical engineer and a... 


Oil giant Shell snaps up African solar provider Daystar Power
28th September 2022 By: Reuters

Oil giant Royal Dutch Shell will purchase African solar provider Daystar Power as it expands its global renewables portfolio, the companies said on Wednesday. Shell is one of the most influential... 


Shale gas science action plan emphasises research, consultation, oversight and compliance
28th September 2022 By: Schalk Burger

The ‘Science Action Plan (SAP) for Shale Gas in the Karoo Basin’ proposes a raft of integrated actions and research topics to ensure South Africa approaches the potential exploitation and... 


Billionaire’s Remgro to sell stake in TotalEnergies South Africa
23rd September 2022 By: Bloomberg

South African billionaire Johann Rupert’s investment vehicle, Remgro Ltd., is planning to sell its stake in the local unit of energy giant TotalEnergies, according to people familiar with the... 


Shell logo
Shell, Mantashe to challenge judgment blocking Wild Coast seismic survey
22nd September 2022 By: News24Wire

Shell and Mineral Resources and Energy Minister Gwede Mantashe on Thursday applied for leave to appeal a ruling which effectively blocked a seismic survey off the Wild Coast. Earlier this month,... 


eThekwini has R324bn plan to end power cuts
20th September 2022 By: Bloomberg

The South African municipality that includes the Port city of Durban, eThekwini, has laid out plans to attract R324-billion in power plant investments by 2035 amid the country’s worst-ever... 


US climate envoy Kerry cautions against long-term gas projects in Africa
16th September 2022 By: Reuters

US climate envoy John Kerry cautioned against investing in long-term gas projects in Africa as countries in the region, some hoping to tap recent oil and gas discoveries, wrestle with how to power... 


South African govt coffers could get over R8bn a year from TotalEnergies field – regulator
15th September 2022 By: Reuters

TotalEnergies' 11B/12B offshore field could make a direct annual contribution of at least R8-billion to South African government finances, the country's petroleum regulator said on Thursday. "That... 


Nigerian minister says plan to commercialise gas flaring at advanced stage
14th September 2022 By: Reuters

Nigeria's plan to commercialise gas burned from its oil fields was at an advanced stage and would help cut 15 million tonnes of carbon emissions from the atmosphere, the petroleum minister said on... 


A smelting operation
South African business formations make joint appeal for carbon-tax relief
13th September 2022 By: Terence Creamer

Several organised business formations have outlined six recommendations in a joint position statement on carbon tax, which they argue will improve the carbon tax proposals in the Taxation Laws... 


An image of Beka Schréder’s LEDNOVA luminaire
Luminaires best fit for refineries
9th September 2022 By: Leah Shelene Asaram

Leading manufacturer of luminaires Beka Schréder deems their luminaires as the best fit for zoned environments, such as oil refineries. “All products produced by Beka Schréder are locally... 


TotalEnergies lodges production licence for large SA find
6th September 2022 By: Reuters

TotalEnergies has lodged its production licence application for Block 11B/12B offshore of South Africa, the national petroleum regulator said on Tuesday, before a deadline expired which might have... 


Angola plans to sell stake in national oil firm Sonangol by 2027
2nd September 2022 By: Bloomberg

Angola plans to complete the sale of stakes in national oil company Sonangol EP and diamond firm Endiama within the next five years, according to the chairman of the government’s asset-management... 


Fitch Solutions says natural gas prices to remain volatile for remainder of this year
2nd September 2022 By: Marleny Arnoldi

Research agency Fitch Solutions Country Risk & Industry Research reports that European natural gas prices have fallen sharply from all-time-highs set just a week ago.   Both the Dutch Title... 


Energy economics institute says carbon capture is ‘unrealistic’ climate solution
1st September 2022 By: Schalk Burger

The Institute for Energy Economics and Financial Analysis (IEEFA) reports in its 'The Carbon Capture Crux – Lessons Learned' report that underperforming carbon capture projects considerably... 


A photo of community members protesting Shell's drilling plans
Court deals blow to Shell, sets aside Wild Coast exploration right
1st September 2022 By: News24Wire

A high court has set aside a decision by Minister of Mineral Resources and Energy Gwede Mantashe to grant Shell an exploration right, which would have allowed it to conduct a seismic survey off the... 


A photo of the damage done to Nigeria's environment as a result of oil spills
One of world’s most polluted spots gets worse as $1bn cleanup drags on
31st August 2022 By: Bloomberg

In the more than a quarter century since Shell left Ogoniland in southern Nigeria, oil has continued to ooze from dormant wellheads and active pipelines, leaving the 386-square mile kingdom’s... 


Nigeria seeking extra $410bn for energy transition plan including gas
25th August 2022 By: Reuters

Nigeria needs at least $10-billion in additional funding per year to reach net zero by 2060 in a plan that would involve gas as a transition fuel, officials said while launching the nation's energy... 


Petronas explores $3bn African upstream asset sale
24th August 2022 By: Bloomberg

Malaysian State oil company Petroliam Nasional has started inviting bids for its upstream assets in Africa, which could fetch as much as $3-billion, people with knowledge of the matter said.... 


Sasol CEO Fleetwood Grobler
Sasol prepares to ramp up decarbonisation capex from 2025
23rd August 2022 By: Terence Creamer

Energy and chemicals group Sasol expects to invest the bulk of the R15-billion to R25-billion it is budgeting to facilitate a 30% reduction in its carbon emissions by 2030 between 2025 and 2027,... 


Sasol's Secunda operation
Sasol warns carbon tax could prompt it to scale back operations
22nd August 2022 By: Bloomberg

Sasol, South Africa’s second-biggest greenhouse gas emitter, sees carbon taxes posing a “significant risk” to its business and warned current proposals could cause it to curtail operations and... 


SA 'confident' over TotalEnergies gas development plans
19th August 2022 By: Bloomberg

South Africa expects TotalEnergies to submit a production plan within weeks to use a prolific offshore gas discovery that will form a key part of increasing investment in the sector. Petroleum... 


Sasol HQ
Sasol delays 96% gas hike pending ‘engagements with Nersa’
18th August 2022 By: Terence Creamer

Sasol Gas has confirmed that it has delayed the implementation of a controversial 96% increase in the price of pipeline gas, which was initially announced as being effective from August 1. Had the... 


Wärtsilä to supply 18 MW of additional power capacity at Senegal gold mine
16th August 2022 By: Darren Parker

Technology group Wärtsilä will supply an 18 MW extension to the power generating facility and also upgrade the electrical and automation system of the existing power plant at gold producer... 


Soldiers operating in Mozambique
Amid energy crisis, EU plans to help gas-rich Mozambique boost security
16th August 2022 By: Reuters

The European Union (EU) is planning a five-fold increase in financial support to an African military mission in Mozambique, an internal EU document shows, as Islamist attacks threaten gas projects... 


CEF welcomes SFF’s 50% acquisition of BP Cape Town Terminal
15th August 2022 By: Tasneem Bulbulia

The State-owned Central Energy Fund (CEF) has welcomed the Competition Tribunal’s unconditional approval whereby its subsidiary the Strategic Fuel Fund (SFF) was given the go-ahead to acquire a 50%... 


New probe developed
12th August 2022

Japanese multinational electrical engineering and software company Yokogawa Electric Corporation has developed an explosion-proof version of its TDLS8200 probe type tunable diode laser... 


Nersa Logo
Nersa reiterates that it has not approved Sasol’s 96% gas hike
11th August 2022 By: Terence Creamer

The National Energy Regulator of South Africa (Nersa) says it has not approved an increase in the maximum price of pipeline gas to R133/GJ and insists that it “would not approve any increase which... 


A gas pipeline
Gas users call on regulator to intervene over ‘untenable’ 96% hike
10th August 2022 By: Terence Creamer

The Industrial Gas Users Association of Southern Africa (IGUA-SA) has described as “untenable” a 96% hike in the gas price by Sasol and has called on the energy regulator to intervene urgently to... 


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Magazine round up | 13 December 2024
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