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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 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...
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...
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...
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...
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....
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...
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...
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...
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...
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’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 is focussed on ensuring that large multinational companies are able to work with the State to ensure Gauteng is...
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...
Renergen can now liquify helium in batches from its wells at the Virginia gas project.
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.
ExxonMobil is developing its sixth Stabroek block development off the shore of Guyana.
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, 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...
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...
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...
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...
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...
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 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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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 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 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...
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...
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...
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...
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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