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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... 


South Africa achieves trade balance surplus of R10.5bn in April
31st May 2024 By: Tasneem Bulbulia

South Africa recorded a preliminary trade balance surplus of R10.5-billion in April, the South African Revenue Services (Sars) reports. This surplus is attributed to exports of R169.5-billion and... 


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... 


The Dangote oil refinery
Nigeria's Dangote refinery plans London and Lagos listings by end 2024
28th May 2024 By: Reuters

Nigeria's Dangote refinery is aiming for a dual listing on the London and Lagos bourses by the end of this year, a senior executive said on Tuesday. "We have listed all our businesses," Devakumar... 


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... 


The Shell logo on a sign
Adnoc, Aramco said to mull bids for Shell South Africa assets
24th May 2024 By: Bloomberg

Abu Dhabi National Oil and Saudi Arabia’s state oil producer Aramco are among companies weighing bids for Shell’s downstream assets in South Africa, according to people familiar with the matter.... 


Malan Scholes director Hulmes Scholes
ESG just a new way of reporting on what mining companies have already been doing for years, panel says
21st May 2024 By: Darren Parker

When considering the challenges involved in junior mining companies living up to increasingly stringent environmental, social and governance (ESG) requirements and reporting standards, mining and... 


SLIDING THROUGH TIME: Lubrication from Stone Age to Modern Age - part 3 of 4
21st May 2024

In part two of Lubrication from Stone Age to Modern Age (Technical Bulletin 89), we slid through 145 years of action-packed lubrication history and left off towards the end of the Gilded Age, full... 


An image of Mineral Resources and Energy Minister Gwede Mantashe
Mantashe engages with stakeholders over Lily, Barbrook mines’ reopening
15th May 2024 By: Tasneem Bulbulia

Mineral Resources and Energy Minister Gwede Mantashe on May 15 held a stakeholder engagement session that deliberated on the plans to reopen the Lily and Barbrook gold mines in Mpumalanga. Attended... 


IEA executive director Fatih Biro
$2.2bn pledged to support clean-cooking access in Africa
14th May 2024 By: Terence Creamer

Pledges worth $2.2-billion to support clean-cooking access in Africa were made at a summit in France on Tuesday, convened by the International Energy Agency (IEA). It is estimated that more than... 


bpSA is celebrating 100 years of operating in South Africa
bpSA celebrates 100 years in South Africa
14th May 2024 By: Creamer Media Reporter

Energy company bp Southern Africa (bpSA) on May 9 celebrated its 100th year of operation in South Africa and says it will use this milestone to refresh and re-energise for the next century and... 


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... 


Congress of the People's Gauteng Premier candidate and chairperson Tom Mofokeng
Cope’s Tom Mofokeng wants big business to thrive, to grow Gauteng and SA
10th May 2024 By: Sashnee Moodley

Congress of the People's Gauteng Premier candidate and chairperson Tom Mofokeng is focussed on ensuring that large multinational companies are able to work with the State to ensure Gauteng is... 


Gas cylinders in front of a gas transporting ship
Big guns will speak at Enlit
10th May 2024 By: Halima Frost

Advisory and analytics firm Frost & Sullivan, a global strategy consulting and market intelligence firm with a long-standing presence in Africa will again be represented by its partner and Africa... 


Helium block at the Virginia gas project
Virginia gas project, South Africa – update
10th May 2024 By: Sheila Barradas

Renergen can now liquify helium in batches from its wells at the Virginia gas project. 


Gold ore from the Segele project
Segele gold project, Ethiopia – update
10th May 2024 By: Sheila Barradas

Akobo Minerals is making progress in resolving the recent challenges of nationwide fuel-supply disruptions and new customs procedures, enabling full site activity at the mine. 


Offshore gas oil/gas platform
Whiptail offshore development, Guyana
10th May 2024 By: Sheila Barradas

ExxonMobil is developing its sixth Stabroek block development off the shore of Guyana. 


The installation of the reliable FireDos proportioner under cold weather conditions
7th May 2024

A Canadian industrial company Novota Engineering, decided to install a FireDos stationary foam proportioner in a freezing environment in the middle of nowhere, the historical location of Yukon... 


Engen partners with Grain SA at Nampo to keep driving agriculture forward
Engen partners with Grain SA at Nampo to keep driving agriculture forward
7th May 2024

Engen, a leading energy and solutions partner dedicated to enriching lives for a sustainable future, will again proudly partner with Grain SA as a sponsor of the Nampo Harvest Day 2024. Scheduled... 


Saudi Manara Minerals' team in Pakistan for talks on Reko Diq mine stake, document shows
Saudi Manara Minerals' team in Pakistan for talks on Reko Diq mine stake, document shows
6th May 2024 By: Reuters

Executives from Saudi Arabian mining company Manara Minerals are in Islamabad to continue talks about buying a stake in Pakistan's Reko Diq gold and copper mine, a Pakistan government document... 


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... 


Akobo says production start-up date in Ethiopia uncertain
2nd May 2024 By: Tasneem Bulbulia

Scandinavian gold exploration and mining company Akobo Minerals has informed shareholders of the progress it is making in solving recent challenges with nationwide fuel supply disruptions and new... 


Schneider Electric Announces Farrukh Shad as the New Head of Sustainability Business for APMEA Region
Schneider Electric Announces Farrukh Shad as the New Head of Sustainability Business for APMEA Region
2nd May 2024

The leader in the digital transformation of energy management and automation announced the appointment of Farrukh Shad as Head of Sustainability Business for the Asia Pacific, India, Middle East... 


Webber Wentzel partner Bruce Dickinson
Opinion: The MPRDA and its impact on future mining investments in South Africa
2nd May 2024

In this article, Webber Wentzel partner Bruce Dickinson writes that the implications of the Mineral and Petroleum Resources Development Act (MPRDA) on investment dynamics in South Africa have come... 


Rail workers in Canada vote to strike, threatening supply chains
Rail workers in Canada vote to strike, threatening supply chains
2nd May 2024 By: Bloomberg

Rail workers demanding more rest time moved closer to a strike that would disrupt supply chains from Halifax to Vancouver and down through the Midwest to the Gulf of Mexico. A union representing... 


Senate passes Russian uranium import ban, sending Bill to Biden
2nd May 2024 By: Bloomberg

The Senate voted Tuesday evening to approve legislation banning the import of enriched uranium from Russia, sending the measure to the White House which has said it supports efforts to block the... 


Petrol pumps
DMRE announces petrol price increase, diesel price decrease for May
30th April 2024 By: Creamer Media Reporter

The price of petrol, both 93 and 95, will increase by 37c/ℓ as of May 1, while diesel prices will decrease by 30c/ℓ and 36c/ℓ for 0.05% sulphur and 0.005% sulphur, respectively, the Department of... 


An image of Herbert Smith Freehills director Ernst Müller
Herbert Smith Freehills promotes Ernst Müller to director in Johannesburg
29th April 2024 By: Tasneem Bulbulia

International law firm Herbert Smith Freehills is promoting Ernst Müller to director, with effect from May 1. Müller, who joined the firm as an associate in 2017, is a senior associate based in the... 


'End of oil not in sight', OPEC secretary general says
'End of oil not in sight', OPEC secretary general says
29th April 2024 By: Reuters

The end of oil is not in sight, OPEC's top official said, as the pace of energy demand growth means that alternatives cannot replace it at the needed scale, and the focus should be on cutting... 


An image of a C4A cylinder
Local supplier establishes LPG division
26th April 2024 By: Trent Roebeck

Eligible small- and medium-sized enterprises (SMEs) in South Africa will benefit from cylinder manufacturer Cylinders4Africa’s (C4A’s) establishing a liquefied petroleum gas (LPG) bulk tank supply... 


Typical Engen garage
Tribunal approves Vitol’s buyout of Engen
25th April 2024 By: Darren Parker

The Competition Tribunal has approved the proposed acquisition of petrol station brand Engen by independent energy marketing and trading company Vitol Emerald, subject to a set of competition and... 


Energy transition will take place in different ways at different rates in different regions
25th April 2024 By: Rebecca Campbell

The energy transition – from high carbon-emitting energy sources to low and zero carbon-emitting energy sources – will vary across different regions and countries, pointed out TotalEnergies VP... 


TotalEnergies committed to the energy transition, assures company executive
23rd April 2024 By: Rebecca Campbell

French multinational energy group TotalEnergies was committed to the energy transition and has a strategy for this, highlighted the group’s MD and CEO marketing and services and country chair and... 


Dangote's oil refinery in Nigeria
Africa needs to build more oil infrastructure
23rd April 2024 By: Schalk Burger

Africa's mid- and downstream oil products supply infrastructure is ageing and suffers from a lack of investment, outdated policy frameworks and insufficiencies in regional, national and urban... 


LPG gas bottles
Project envisions rollout of smart LPG, solar systems, hydrogen stoves to 3.51m indigent households
22nd April 2024 By: Darren Parker

Energy solutions company Kili Energy is spearheading a large-scale initiative, the Kili Energy Clean Energy Democratisation Project, to provide smart liquefied petroleum gas (LPG) canisters and... 


A photo of the Alaskan landscape
US restricts drilling and mining in Alaska wilderness, angering state leaders
19th April 2024 By: Reuters

The Biden administration on Friday took steps to limit both oil and gas drilling and mining in Alaska, angering state officials who said the restrictions will cost jobs and make the US reliant on... 


Manufacturing support
19th April 2024 By: Riaan de Lange

The Department of Trade, Industry, and Competition (dtic) on April 4 released an information notice extending an invitation to submit a substantiated application for its Manufacturing Support... 


Standard Bank head of Southern Africa’s oil and gas coverage Paul Eardley-Taylor
South Africa needs 13 GW of gas-to-power capacity – more than the IRP envisions
17th April 2024 By: Darren Parker

Standard Bank head of Southern Africa’s oil and gas coverage Paul Eardley-Taylor has suggested that South Africa needs 13 GW of gas-to-power (GtP) capacity, rather than the 7.2 GW to 8.6 GW... 


German coal mines emit much more methane than reported, study says
German coal mines emit much more methane than reported, study says
16th April 2024 By: Bloomberg

German coal mines spew 184 times more methane than what the country reports to the United Nations, according to a new analysis by Ember. The energy think tank used methodology developed by... 


A building with an Opec sign
Opec woos Namibia as African nation prepares to produce from 2030
16th April 2024 By: Reuters

The OPEC+ oil producers group, having lost Angola and other players in recent years, is eyeing Namibia for possible membership as it sets up what could be Africa’s fourth-largest output by the next... 


Woolworths launches regenerative farming practices campaign
12th April 2024 By: Schalk Burger

Retail company Woolworths has launched a Farming for the Future campaign, with the aim of encouraging farmers to implement regenerative farming practices. By partnering with farmers who adopt... 


An image of Charles Young
Industry well placed to respond to global demand
12th April 2024 By: Lumkile Nkomfe

African law firm Bowmans asserts that the local and broader Southern African manganese industries are well placed to respond to global demand for the commodity. With increased activity in steel... 


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... 


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