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Energy News

Nigeria oil governance bill aims to break up state oil company NNPC

By: Reuters     Updated 4 hours ago The long-awaited oil governance bill passed by Nigeria's upper chamber of parliament proposes breaking up the state oil company into three commercial entities supported by a regulatory body and a fund to oversee the distribution of money. The Petroleum Industry Governance Bill, passed on Thursday... 

Uganda, Tanzania sign deal for world's longest heated pipeline

By: Reuters     26th May 2017 Uganda and Tanzania signed a framework agreement on their proposed $3.55-billion crude export pipeline on Friday, a key milestone for the project, which is expected to start pumping Ugandan oil to international markets in three years. An official at Uganda's Ministry of Energy told Reuters the... 

Rising US output holding back Opec’s efforts to cut global supply

By: Anine Kilian     26th May 2017 Fast-rising US shale output continues to hamper efforts by the Organisation of the Petroleum Exporting Countries (Opec) to cut oil supply to boost prices. IHS Markit senior director Bhushan Bahree noted in a statement on Friday that the US’s crude oil production is expected to rise by more 900... 

Gas safety highlighted during summit as energy demand grows

By: Dylan Slater     26th May 2017 Using gas safely as a form of energy was highlighted during the Gas Safety and Compliance Summit, held in February, at the Royal Elephant Hotel and Conference Centre in Eldoraigne, and hosted by the Southern African Gas Association (Saga).  

South Africa's govt wants Sinopec to retain refinery capacity 

By: Reuters     25th May 2017 South Africa is in talks with China's Sinopec over its take-over of Chevron Corp's Cape Town refinery and will look to ensure that production capacity was retained and enhanced, Economic Development Minister Ebrahim Patel said on Thursday. Sinopec will pay almost $1-billion for a 75% stake in... 

Nigeria oil Minister says not opposed to eventually joining output cuts

By: Reuters     25th May 2017 Nigerian Oil Minister Emmanuel Ibe Kachikwu said on Thursday that conceptually Nigeria was not opposed to joining Opec production caps but would have to wait and see if production came back to acceptable levels. "We are targeting that by the end of the extension period (9 months) we are trying to... 

Koeberg Unit 2 restarted after maintenance shutdown

By: Natasha Odendaal     24th May 2017 Koeberg nuclear power station’s Unit 2 has reconnected to State-owned power utility Eskom’s national electricity grid following a 36-day planned maintenance outage. The outage, dubbed Outage 222, as it is the twenty-second outage on Unit 2, has become the second shortest outage performed in the... 

IDC approves R218m loan for development of Free State natural gas project 

By: Terence Creamer     24th May 2017 South Africa’s State-owned Industrial Development Corporation (IDC) has approved R218-million in loan finance to support the further development of a natural gas resource in the Free State through the creation of a 107-km pipeline network and associated gas processing facilities. The funding,... 

IDC approves R218m loan for development of Free State natural gas project
Photo by Duane Daws
Renergen CEO Stefano Marani

Puma Energy sponsors South Africa’s Flying Lions aerobatic team 

     24th May 2017 International oil company Puma Energy recently announced, at Rand Airport in Germiston, east of Johannesburg, that it was sponsoring the Flying Lions aerobatic team. Keith Campbell reports. 

Puma Energy sponsors South Africa’s Flying Lions aerobatic team
Puma Energy sponsors South Africa’s Flying Lions aerobatic team

Company climate risk disclosure could become mandatory in a few years

By: Reuters     23rd May 2017 Companies' disclosure of risks to their business from climate change could become mandatory in a few years as investor pressure gathers pace, climate finance experts said on Tuesday. Investors have urged companies, particularly those operating in the oil, gas and coal sectors, to disclose the... 

Sasol says maintains output after refinery blast

By: Reuters     23rd May 2017 South African petrochemicals group Sasol said on Tuesday it had enough oil reserves to meet market requirements following an explosion at its 108 000 bbl/d Natref refinery on Monday. The blast at the country's only inland refinery, a venture between Sasol and a South African unit of France's... 

Glencore predicts Opec insulated from electric vehicle impact

By: Reuters     23rd May 2017 Opec nations that deliver some of the lowest cost production will be relatively insulated from an early peak in oil demand caused by any faster-than-expected roll-out of electric vehicles, Glencore's chairman said on Monday. Members of the Organization of the Petroleum Exporting Countries meet... 

Glencore predicts Opec insulated from electric vehicle impact
Glencore chairperson Tony Hayward

Opec heads towards supply cut extension as Saudi signals most on board

By: Reuters     22nd May 2017 Opec and other oil producers are on course to agree an extension of supply cuts at a meeting on Thursday, with Saudi Arabia saying most participants are on board with the plan to rein in a global supply glut. Saudi Arabia's energy minister said on Sunday that extending the supply cuts by a... 

Adam retires as Niasa president

By: Creamer Media Reporter      22nd May 2017 The Nuclear Industry Association of South Africa (Niasa) will, in due course, announce a successor to nuclear physicist Dr Rob Adam, who retired last week as president. Adam, who served as Niasa president for the past decade, is currently SKA telescope project CEO and a past South African Nuclear... 

Natref refinery blast injures 11, some operations halted

By: Reuters     22nd May 2017 A blast on Monday at South Africa's Natref oil refinery injured 11 people and forced the shutdown of operations close to the 108 000 bbl/d facility but production at the main refinery continued, Sasol said. Sasol reported on its website that the explosion happened at about 07:45 at the country's... 

Natref refinery blast injures 11, some operations halted

IPP Office to be incorporated into overhauled Central Energy Fund 

By: Terence Creamer     19th May 2017 South Africa’s highly respected Independent Power Producer (IPP) Office, which has overseen nearly R200-billion-worth of renewable-energy investment since 2011, is to be incorporated into the Central Energy Fund (CEF), which itself is to be overhauled. Energy Minister Mmamoloko Kubayi announced... 

IPP Office to be incorporated into overhauled Central Energy Fund
DoE director-general Thabane Zulu seconded to SFF as acting CEO

South Africa to decide on new oil refinery this year – Energy Minister 

By: Reuters     19th May 2017 South Africa, a net importer of refined oil products, needs a new refinery and the cabinet is expected to make a firm decision later this year on whether to build a new facility, the new energy minister said on Friday. Mmamoloko Kubayi told Parliament that a public-private partnership to develop... 

Deal opens way for new liquid bulk handling facility at the Port of Ngqura

By: Irma Venter     19th May 2017 Transnet National Ports Authority (TNPA) and Oiltanking Grindrod Calulo (OTGC) in May signed an agreement in Port Elizabeth that will see OTGC plan, fund, construct, maintain and operate a new liquid bulk handling facility at the Port of Ngqura, in the Eastern Cape. The facility’s concept... 

World record set after large oil rig lifted and shipped in one piece

By: Dylan Slater     19th May 2017 North Sea oil rig the Brent Delta platform, belonging to oil company Shell UK, was recently successfully lifted off of its three-legged structure in the Brent oilfield, about 180 km off the coast of the Shetland Islands last month, setting a world record for the heaviest single-piece lift at sea.  

World record set after large oil rig lifted and shipped in one piece
BRENT DELTA The large and ageing oil rig arrives at the Able Seaton Port to be recycled

Nigeria's NNPC finalising $6bn worth of oil-for-product swaps

By: Reuters     18th May 2017 Nigeria's state oil company is in the final stage of signing $6-billion worth of deals to exchange more than 300 000 bbl/d of crude oil for imported gasoline and diesel, sources with direct knowledge of the process told Reuters. The contracts, which come three months later than expected, include... 

Tullow says makes oil discovery in Kenyan well

By: Reuters     17th May 2017 Africa-focused oil company Tullow Oil said it encountered 75 m of net oil pay in two zones at an exploration well in Northern Kenya. The Emekuya-1 well, located in the South Lokichar basin in North-Western Kenya, would eventually be developed to full field development, the company said on Wednesday. 

Glencore, Carlyle team up to rescue bankrupt Moroccan refinery

By: Reuters     16th May 2017 Swiss trading giant Glencore and US private equity investor Carlyle Group have teamed up in an attempt to buy Morocco's only oil refinery, hoping to recoup about $600-million in loans they issued to the plant before it went bankrupt, industry sources said. Two sources close to the process said... 

South Africa may award first shale gas exploration licences by end-Sept 

By: Reuters     16th May 2017 South Africa's government may award its first shale gas exploration licences by the end of September, after environmental objections delayed the process, a senior government official said on Monday. The five licence applications under review are for exploration in the semi-arid Karoo basin. 

South Africa reviewing five shale gas exploration applications – official

By: Reuters     15th May 2017 Recommendations for South Africa’s first shale gas exploration licences in the semi-arid Karoo basin will be finalised soon after environmental objections delayed the process, a senior government official said on Monday. Royal Dutch Shell, Falcon Oil and Gas and Bundu Gas & Oil are among five... 

Cement and concrete affected by faltering construction industry

By: Tasneem Bulbulia     12th May 2017 The construction industry in South Africa – which is tied directly to the state of cement and concrete – is stuttering, but there is scope to improve, says chemicals solutions provider Chryso Southern Africa (Chryso) CEO Norman Seymore. It has been widely reported that the construction industry... 

Cement and concrete affected by faltering construction industry
Photo by Bloomberg
NOTHING CONCRETE A lack of major infrastructure projects in South Africa is negatively affecting the construction industry, thereby hindering the state of cement and concrete

Eastern Cape sets sights on becoming Africa’s leading fuel bunkering centre

By: Mia Breytenbach     12th May 2017 Following the successful introduction of a deep-sea bunkering service off the coast of  Port Elizabeth, in the Eastern Cape, the province has set itself the target of being the leading bunkering stopover in Africa, states Eastern Cape MEC for Rural Development and Agrarian Reform Mlibo... 

Eastern Cape sets sights on becoming Africa’s leading fuel bunkering centre
Photo by Duane Daws
TARGETING OPPORTUNITIES The Eastern Cape province is targeting liquid fuels, bunkering services and biofuels, gas-to-power generation and a commercial and industrial gas industry

Renewed interest in delayed Uganda oil refinery plan

By: John Muchira     12th May 2017 The much-delayed crude oil refinery in Uganda is back on track after eight international companies expressed interest in implementing the $4-billion project. Four of the bidders have been shortlisted, and the Uganda government intends to select one of them before July, eight months after the... 

Robust pump delivers water on dry days

     12th May 2017 Pump manufacturer Franklin Electric has developed a rugged, high-output solar-powered pumping system which solves the challenges presented by harsh and remote environments, providing pumping power on dry days when water is needed most. 

Robust pump delivers water  on dry days
Photo by Bloomberg
SOLAR POWER The SolarPAK uses solar power to transport water over long distances

Equatorial Guinea says has crucial Saudi support for Opec membership bid

By: Reuters     11th May 2017 Africa's third-biggest oil producer Equatorial Guinea said on Thursday it had crucial support from Saudi Arabia for its bid to become a member of the Organisation of the Petroleum Exporting Countries (Opec). The country also said in a statement it would stick to commitments to cut oil production... 

Afrox CFO resigns

     9th May 2017 Dorian Devers has resigned as CFO of JSE-listed African Oxygen (Afrox), effective July 31. He is relocating to New Zealand to pursue opportunities outside Linde Group. 

BP, Kosmos make major gas find off coast of Senegal

By: Reuters     8th May 2017 BP and joint venture partner Kosmos Energy revealed a major gas discovery off Senegal on Monday, adding to other recent finds off the West African coast. Oil majors including BP and Total are investing in the waters of Senegal and Mauritania in the hope of repeating the recent exploration success... 

PetroSA denies business rescue allegations

By: Megan van Wyngaardt     8th May 2017 State-owned oil and gas company PetroSA on Monday refuted claims that it had asked its holding company, the Central Energy Fund, to place it under business rescue, stating that it was not in “financial distress”. It said media reports last week about the alleged request were “inaccurate and... 

Nigeria village suing Eni for damages from pipe explosion – lawyer

By: Reuters     5th May 2017 A Nigerian village has filed a lawsuit in Milan against Italian oil company Eni demanding compensation for damage caused by an oil pipeline explosion in 2010, an Italian lawyer representing the village said on Thursday. The village of Ikebiri in the Niger Delta is asking Eni for €2-million... 

Awards to recognise innovation and efficiency at utility event

     5th May 2017 The fourth edition of the yearly African Utility Week (AUW) Industry Awards will once again honour pioneering utilities, projects and people in the energy and water industry on the continent during the AUW event, on May 17, at the Cape Town International Convention Centre.  

Awards to recognise  innovation and efficiency at utility event
RECOGNITION Being a finalist verifies excellence in the nominee’s business and proves leadership in either the energy or water industry

Business networking at Africa’s biggest trade event

     5th May 2017 By participating in business to business (B2B) meetings at the renowned African Utility Week, small, medium-sized and micro enterprises (SMMEs) in the water and power utility sector that benefit from European Union (EU) support will be better able to expand business abroad. Business Beyond... 

Business networking  at Africa’s biggest  trade event
BUSINESS BEYOND BORDERS The next BBB business connections event will take place at African Utility Week

Challenged renewable energy sector growing rapidly in Africa

By: Johane Turkstra     5th May 2017 The renewable energy sector has grown rapidly in the last four years and has delivered over 5 000 MW in South Africa alone, owing to the completion of about 80 renewable energy projects, says financial services company Thomson Reuters. “Renewables will receive considerable attention at African... 

Challenged renewable  energy sector growing  rapidly in Africa
RENEWABLE ENERGY Renewables will receive considerable attention at African Utility Week and in Africa’s energy sector in the future

Energy management to improve

By: Johane Turkstra     5th May 2017 Attending this year’s African Utility Week taking place from May 16 to 18, the National Cleaner Production Centre of South Africa (NCPC-SA) believes that the implementation of energy management systems (EnMSes) can be beneficial for energy producers in Africa. Referring to the Industrial Energy... 

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