http://www.engineeringnews.co.za
R/€ = 15.99 Change: 0.10
R/$ = 14.01 Change: 0.20
Au 1221.51 $/oz Change: 6.02
Pt 845.50 $/oz Change: 3.71
 

Energy News

Upcoming protest not the first amid talks of transition away from coal – SAWEA

By: Simone Liedtke     16th November 2018 The South African Wind Energy Association (SAWEA) has defended the industry’s job creation potential. This comes ahead of a peaceful march by the National Union of Mineworkers (NUM), which is planned for November 17, to protest potential job losses in the coal-fired power generation sector as a... 

Astron commissions new R150m tank truck loading rack at Cape Town refinery

By: Marleny Arnoldi     16th November 2018 Astron Energy, formerly Chevron South Africa, officially opened its new tank truck loading rack (TTLR) at its Milnerton refinery, in Cape Town, on Wednesday. The facility took two years to complete and will increase filling efficiency at the refinery – reducing loading time of an average 40 000... 

Astron commissions new R150m tank truck loading rack at Cape Town refinery
Astron Energy CEO Jonathan Molapo and Astron Energy regional transport and operations GM Danie Gouws open the new TTLR at Milnerton refinery

Boiler maintenance project close to completion

By: Thabi Madiba     16th November 2018 Maintenance and refurbishment services company GM Boiler plans to complete a boiler maintenance project at a local prison, in Johannesburg, by December this year. As part of government’s 36-month facility inspection programme, GM Boiler MD Gregory Morgan says the project includes the overhauling... 

Ghana to raise $750m through London IPO of minerals fund

By: Bloomberg     15th November 2018 Ghana will seek to raise as much as $750-million through a sale of shares in a fund that will hold the West African nation’s stakes in mining companies and receive mineral royalties, said Finance Minister Ken Ofori-Atta. In September, lawmakers passed legislation for the creation of the fund that... 

‘Massive’ fuel price drop on the cards for December – AA

By: News24Wire      15th November 2018 The Automobile Association (AA) announced on Thursday that, based on current data, motorists could expect ‘massive drops’ in the prices of petrol and diesel for December.  The association is predicting a drop of R1.54 per litre for petrol, with diesel dropping by 92 cents and illuminating... 

 ‘Massive’ fuel price drop on the cards for December – AA

SA needs to consider oil underinvestment, variable renewables implications 

14th November 2018 Creamer Media's Chanel de Bruyn speaks to Engineering News Editor Terence Creamer about the possible implications for South Africa of a global underinvestment in oil production, as well as the growing need to introduce flexibility in power markets. 

SA needs to consider oil underinvestment, variable renewables implications
SA needs to consider oil underinvestment, variable renewables implications, says Terence Creamer

Electrifying the world no panacea for global warming, IEA says  

By: Bloomberg     13th November 2018 Driving electric cars and scrapping your natural gas-fired boiler won’t make a dent in global carbon emissions, and may even increase pollution levels. Higher electrification may lead to oil demand peaking by 2030, but any reduction in emissions from the likes of electric vehicles will be offset... 

IEA warns of damaging price spikes if weak oil investment left unchecked 

By: Terence Creamer     13th November 2018 The International Energy Agency (IEA) is cautioning of “damaging price spikes in the 2020s” if the current weak investment in new oil supply is “left unchecked”. The agency states that the average level of new conventional crude oil project approvals over the last three years is only half the... 

IEA warns of damaging price spikes if weak oil investment left unchecked

Sasol Oil reverses R1.3bn tax provision after favourable court ruling

By: Terence Creamer     9th November 2018 Energy and chemicals group Sasol reported on Friday that it would reverse a R1.3-billion provision made in its 2018 annual financial statements after the Supreme Court of Appeal overturned an earlier adverse finding against Sasol Oil by the Tax Court. Sasol Oil and the South African Revenue... 

M&I Materials opens Africa’s pioneer ester transformer fluid factory

By: Tasneem Bulbulia     9th November 2018 M&I Materials has opened South Africa’s first ester transformer fluid manufacturing plant, to provide a reliable, local supply of electricity grid components to support the country’s plans for electrification. M&I Materials is a family-owned manufacturing company based in the UK with offices in... 

M&I Materials opens Africa’s pioneer ester transformer fluid factory
Ribbon cutting ceremony at the opening of M&I Material’s ester transformer fluid manufacturing plant in South Africa

Company extends life span of critical steam systems

By: Jessica Oosthuizen     9th November 2018 Professional services and project management company SNC-Lavalin completed a 40 bar high-pressure steam isolation valve replacement project last month for South African integrated chemicals company Sasol’s Group Technology division. The company was awarded the project in May of this year and the... 

Company extends life span of critical steam systems
SASOL STEAM SYSTEM The steam system on the Sasol refinery is the main steam header which links the steam generation plant to the rest of the factory

Demand increases for thermoplastic valves

By: Jessica Oosthuizen     9th November 2018 Demand for thermoplastic materials over conventional alloy metals has increased since engineering consumables and components distributor BMG was appointed exclusive distributor of UK-based manufacturer SAFi Thermoplastic Valve Solutions’ (SAFi’s) products, says BMG industrial valves national... 

Demand increases for thermoplastic valves
PROCESSING PLANT BMG’s SAFi range of valves can be used in mining, energy, environmental, process plant, agriculture, and food and beverage applications

Lack of valve traceability hampers local industry

By: Jessica Oosthuizen     9th November 2018 The local valves industry has become extremely competitive, especially since there has been an influx of products that have no traceability, says industrial automation, valve and control supplier Fluid Control Services owner Allen Maguire. Many products are entering the local market from the... 

Lack of valve traceability hampers local industry
VALVE STANDARD The local valves industry needs to conform to a certain standard in terms of traceability

Valve repair and refurbishment present vast opportunities

By: Jessica Oosthuizen     9th November 2018 The repair and refurbishment of critical valves present significant opportunities in the South African valve industry, says mechanical engineering company Brimis Engineering MD Andile Nqandela. The company can manufacture in-house components required for repair and refurbishment of critical... 

Valve repair and  refurbishment present  vast opportunities
TEST BENCH Brimis Engineering has procured a pressure relief valve test bench to service 90% of the installed pressure relief valves in the local market

Uganda expects first oil production in 2021, refinery by 2023

By: Reuters     8th November 2018 Uganda expects to start producing oil in 2021, a year later than initially planned, and its refinery should be up and running by 2023, its oil minister said on Thursday. France's Total is an investor in Uganda's oilfields, with China's CNOOC and Britain's Tullow Oil. 

Zuma to Gordhan: 'Can we do what Dudu wants?'

By: News24Wire      8th November 2018 Former president Jacob Zuma called Pravin Gordhan, then finance minister, in 2015 to try and convince him to agree to an enormously expensive deal with airplane manufacturer Airbus because his close friend Dudu Myeni wanted it. In his 68-page sworn statement delivered to the judicial commission... 

Radebe hints at possible Saudi investment to boost South Africa's oil refining capacity

By: Kim Cloete     7th November 2018 Energy Minister Jeff Radebe has called for a collaborative approach to attract investment in oil refining hubs throughout the continent and has hinted that Saudi Arabian investment in refining capacity in South Africa may soon become a reality. “In South Africa we believe the time has come for an... 

Oil, gas outlook positive amid tough conditions, says PwC review

By: Kim Cloete     7th November 2018 The outlook for Africa’s oil and gas industry is positive, despite tough economic conditions and far fewer discoveries over the past year, PwC’s yearly 'Africa Oil & Gas Review' shows. The review indicates how the industry has responded in the wake of the recovery of the oil price to close to... 

Oil is here to stay, says the IEA

By: Kim Cloete     7th November 2018 The world’s consumers are not yet ready to say goodbye to the era of oil, while the demand for gas is in the fast lane thanks to its flexibility, says the International Energy Agency (IEA). IEA executive director Dr Fatih Birol on Tuesday said there was robust growth in global oil demand. This... 

Oil is here to stay, says the IEA
Photo by Bloomberg
IEA executive director Dr Fatih Birol

New oil, gas opportunities emerge in Sudan, Niger

By: Kim Cloete     7th November 2018 Some countries in Africa are emerging as potentially exciting players in the oil and gas space – from Sudan, which has emerged out of the clutches of civil war, to Niger, which is rising up as a new producer of petroleum products. Sudanese Petroleum and Gas Minister Azhari Abdalla Abdelgader on... 

Renergen to list on ASX, continue expansion work on Virginia gas project

By: Simone Liedtke     6th November 2018 JSE-listed integrated alternative energy business Renergen plans to undertake a dual listing on the ASX on completion of a fully underwritten R125-million rights issue to shareholders. Commenting on the proposed upcoming ASX listing, which is scheduled for early 2019, depending on market... 

Renergen to list on ASX, continue expansion work on Virginia gas project
Renergen CEO Stefano Marani

Nigeria's NNPC says Shell, ExxonMobil also looking at crude swaps

By: Reuters     5th November 2018 Nigeria's state oil firm NNPC could sign crude-for-product deals with Shell and ExxonMobil, similar to one signed with BP last week, a senior NNPC official said on Monday. Nigerian National Petroleum Corporation (NNPC) announced last Wednesday that it had signed such a deal with BP and would... 

Petrol price to remain unchanged, diesel to go up 50 cents in Nov 

By: African News Agency      5th November 2018 The petrol price will remain unchanged for November but the price of diesel will increase between 47.92 cents per litre and 50.92 cents per litre, the department of energy said on Monday.  This will be a relief for motorists at the pumps after the R1 petrol price increase last month pushed the... 

Petrol price to remain unchanged, diesel to go up 50 cents in Nov

Australia's Invictus says it has not found oil and gas deposits in Zimbabwe

By: Reuters     2nd November 2018 Australian-listed Invictus Energy said on Friday it had not found oil and gas deposits in northern Zimbabwe but there were indications of a "working petroleum system" which could only be confirmed by a planned exploration well. President Emmerson Mnangagwa told reporters on Thursday that Invictus... 

Small thermal plants hold promise for regions without grid electricity 

By: Nadine James     2nd November 2018 Small-scale power generation plants driven by hydrocarbon sources and biomass are still likely to play a valuable part in rolling out electricity in regions of Africa unserved by grid power and where renewable resources are insufficient to sustain a reliable energy supply, according to SRK... 

Petrobras to sell stake in Africa unit to Vitol-led group for $1.5bn

By: Reuters     1st November 2018 Brazil's Petroleo Brasileiro SA will sell its 50% stake in a Nigerian oil and gas exploration venture to a consortium led by top oil trader Vitol for $1.53-billion, the latest step in the state-controlled oil company's debt reduction drive, according to a securities filing on Wednesday. The other... 

Nigeria's NNPC signs crude-for-product swap deal with BP

By: Reuters     1st November 2018 Nigeria's state oil firm NNPC said it had signed a crude-for-product swap deal with oil major BP. In its brief statement on Twitter late on Wednesday, NNPC said more details would be provided later. BP and NNPC did not immediately respond to requests for comment on Thursday. 

Fuel price outlook: 'Petrol price down, but diesel goes up for November' – AA

By: News24Wire      31st October 2018 Fuel prices have moderated during October, with the prospect of some relief for petrol users, although users of diesel will have to cough up more, this is according to the Automobile Association (AA), which was commenting on unaudited month-end fuel price data released by the Central Energy Fund.... 

Fuel price outlook: 'Petrol price down, but diesel goes up for November' – AA

Nedlac approves Solidarity strike action over ‘race exclusion’

By: Tasneem Bulbulia     30th October 2018 Trade union Solidarity on Tuesday said the National Economic Development and Labour Council (Nedlac) had approved its application to undertake a lawful strike against the exclusion of white employees from employee share ownership plans. In terms of the Nedlac decision, all of Solidarity’s 180 000... 

SAWEA CEO bullish about SA wind energy outlook

By: Tracy Hancock     26th October 2018 As forecast, 2018 is shaping up to be a landmark year for the South African energy sector, South African Wind Energy Association (SAWEA) CEO Brenda Martin tells Engineering News. Bolstering South Africa’s energy sector is much-improved policy certainty, transparent decision-making and public... 

SAWEA CEO bullish about SA wind energy outlook
MONEY IN THE WIND Wind power is a significant foreign direct investment contributor and a driver of local socioeconomic growth in South Africa

Industry growth demands maintenance skills

By: Tracy Hancock     26th October 2018 With the growth in wind energy utilities, the demand to install, repair and maintain such facilities in Africa, including South Africa, is on the rise, says Knowledge Pele (KP) Academy head Richard Setati. He tells Engineering News that many reports and commentators attest to the overall growth... 

Sasol, Indian companies join EP100 global energy-saving initiative

26th October 2018 Petrochemicals giant Sasol and Indian companies UltraTech Cement, Mahindra Vehicle Manufacturers, Mahindra Heavy Engines and Godrej Industries and Associate Companies (Gilac) last month pledged to put energy efficiency at the heart of their business growth strategies by joining EP100. EP100 is a... 

Sasol, Indian companies join EP100 global energy-saving initiative
HELEN CLARKSON Lowering energy use in sectors such as auto manufacturing, cement and chemicals production is an ambitious task

Study examines impact of strikes on South African economy

26th October 2018 Amid continued protest action at chemical and petrochemicals heavyweight Sasol, university-led research foundation the Mandela Initiative has released conclusions on its research into the topic of local strikes and labour unrest. Sasol employees and members of trade union Solidarity have been on... 

Study examines impact of strikes on South African economy
Photo by Bloomberg
PROLONGED INDUSTRIAL ACTION Sasol employees and members of trade union Solidarity have been on a go-slow since September of this year

Sasol poised to improve operational performance in 2019

26th October 2018 Integrated chemicals and energy company Sasol reported that it is well positioned to continue improved operational performance in the 2019 financial year despite electricity supply interruptions, as its sales volumes increased by 1% for its performance chemicals business owing to robust market... 

Sasol poised to improve operational performance in 2019
LOWER VOLUMES Liquid fuels sales volumes for Sasol were down 2% as a result of lower production volumes and a challenging local retail liquid fuels market

Automatic shut-off valves improve plant safety

By: Paige Müller     26th October 2018 Valves, steam and combustion system solution provider Heaton Valves Africa (HVA), states that its extensive range of German-made Albrecht-Automatik safety shut-off systems and components, significantly improve combustion system operational safety in the industries it serves. HVA combustion... 

Automatic shut-off valves improve  plant safety
SAFETY SHUT-OFF Albrecht-Automatik safety shut-off systems have a closing time of between one and five seconds during control function

Progress made to deliver value-based company strategy

By: Paige Müller     26th October 2018 Integrated chemical and energy company Sasol’s 2018 financial year – which came to a close in June of this year – has proven positive in terms of realising the company’s strategy. “The company has made significant strides in bettering its organisational culture and advancing opportunities in its... 

Progress made to deliver value-based company strategy
REMAIN COMPETITIVE Sasol is looking to further enhance its performance by ensuring it is able to remain competitive at an oil price of $40/bl

Klawer awaits PPA signature, while Roggeveld surges ahead

By: Tracy Hancock     26th October 2018 Having received preferred bidder status three years ago, Cape Town-based wind farm developer G7 Renewable Energies’ Klawer wind farm project awaits a power purchase agreement (PPA) signature before undertaking the 18 months of construction needed to add 5 MW of electricity to the national grid. 

Klawer awaits PPA  signature, while  Roggeveld surges ahead
KILIAN HAGEMANN A key area of improvement would be greater visibility and certainty of future power procurement, but G7 Renewable Energies is confident that the new Integrated Resource Plan will address this
First
Prev
1
2 3 4 5 6 7 8 9 Next Last

Latest News

more

Latest Videos

more

Research Reports

Topics In These Articles

RSS Feed

About

Engineering News is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Mining Weekly
Research Channel Africa
Polity

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on Engineering News is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options
Free daily email newsletter Register Now
Register Close