http://www.engineeringnews.co.za
R/€ = 16.87 Change: 0.02
R/$ = 14.34 Change: 0.02
Au 1201.71 $/oz Change: 1.73
Pt 826.00 $/oz Change: -2.79
 

Energy News

Tanzania wants to build pipeline to pump gas to Uganda

By: Reuters     6th August 2018 Tanzania wants to build a pipeline to pump natural gas to neighbouring Uganda, another step in the two countries' bid to expand energy cooperation. State-run Tanzania Petroleum Development Corporation (TPDC) said on Monday that the pipeline would start from its capital Dar es Salaam, then pass... 

Energy access a catalyst for economic growth, says green energy company 

By: Simone Liedtke     3rd August 2018 Access to cheaper and reliable energy, through renewable energy technology, would be a catalyst for boosting the African continent’s gross domestic product (GDP) in a sustainable way, green energy technology provider New Southern Energy (NSE) CEO David Masureik told Engineering News Online in a... 

Energy access a catalyst for economic growth, says green energy company
New Southern Energy CEO David Masureik speaks to Engineering News Online about renewable energy projects and Africa's energy future. Video and Editing: Nicholas Boyd.

Power system recovery to take 30 days, load-shedding risk remains high

By: Simone Liedtke     3rd August 2018 State-owned Eskom expects it will take up to 30 days for the power system to recover from the effects of the recent industrial action, which interrupted continuous processes at the power stations. During the 30-day recovery period, the risk of load-shedding remains high, it warned on Friday. 

Power system recovery to take 30 days, load-shedding risk remains high

Commission granted 15-day extension in proposed OTS, Chevron South Africa merger

By: Creamer Media Reporter      2nd August 2018 The Competition Tribunal has granted the Competition Commission a 15 working day extension to consult interested parties to a proposed merger between Off the Shelf 56 (OTS) and Chevron South Africa (CSA). OTS, which already owns 25% of CSA, is seeking to acquire the remaining 75% interest in CSA... 

IFC, Gaia partnership working to power Africa

By: Simone Liedtke     1st August 2018 World Bank Group member, the International Finance Corporation (IFC), has forged a new partnership with Moroccan renewable energy developer Gaia Energy to create a joint platform for the development of wind power and other renewable energy projects in Africa. Originally developed by Gaia Energy,... 

Energy access solution lies in adopting VRFB technology in renewable energy – Nikomarov  

By: Simone Liedtke     1st August 2018 With about 650-million people in Africa currently without access to electricity, Bushveld Minerals subsidiary Bushveld Energy CEO Mikhail Nikomarov believes the solution lies in area-specific solutions. He explained in an interview with Mining Weekly Online that a solution needs to be an... 

Energy access solution lies in adopting VRFB technology in renewable energy – Nikomarov
Bushveld Energy CEO Mikhail Nikomarov speaks to Mining Weekly Online about the company's mission to address Africa's electricity shortage through cost effective storage and vanadium applications for Africa-specific solutions. Video and Editing: Nicholas Boyd

Enel Green Power reaches financial close on five new wind farms

By: Simone Liedtke     1st August 2018 Enel Global Renewable Energies’ Enel Green Power (EGP) division, in Southern Africa, has reached financial close on five new wind farms with about 700 MW in capacity. The five wind farms – Nxuba and Oyster Bay, in the Eastern Cape, and Garob, Karusa and Soetwater, in the Northern Cape – have a... 

Enel Green Power reaches financial close on five new wind farms

Sanedi calls on industry to move back Earth Overshoot Day

By: Simone Liedtke     1st August 2018 As part of its mission to address the issues of clean and sustainable energy, the South African National Energy Development Institute (Sanedi) will be participating in this year’s global Earth Overshoot Day, taking place on August 1, by urging South Africans to check their ecological footprint... 

Sanedi calls on industry to move back Earth Overshoot Day

EIUG calls on Eskom to end impasse, resolve conflict

By: Simone Liedtke     1st August 2018 The Energy Intensive User Group (EIUG) of Southern Africa is concerned about the continuing industrial conflict at State-owned Eskom, it said in a statement on Wednesday. It called on the power utility and its unions to find a way to end the impasse, and to “show responsibility in respect of... 

Floating solar PV solution could hold benefits for South African end-users – Black & Veatch 

By: Simone Liedtke     1st August 2018 Floating solar photovoltaic (PV) solutions, which make use of a flotation system on which the PV modules are attached, addresses the shortage of reasonably priced land, as well as the need to reduce the rate of evaporation from precious freshwater reservoirs, such as dams or lakes, Black & Veatch... 

DA, OUTA gear up for mass protests against rising fuel prices

By: News24Wire      31st July 2018 Democratic Alliance (DA) leader Mmusi Maimane and Ben Theron of the Organisation Undoing Tax Abuse (OUTA) are preparing for a mass fuel protest in Pretoria on Tuesday. Last week, Maimane said the recent continuous fuel price increases were bringing ordinary South Africans to their knees. "[The... 

DA, OUTA gear up for mass protests against rising fuel prices

Petrol price to rise 1c/ℓ in August

By: Simone Liedtke     30th July 2018 The petrol price will increase by 1c/ℓ on August 1, while the diesel price will decrease by 4c/ℓ, the Central Energy Fund (CEF) has revealed. Illuminating paraffin will increase by 4c/ℓ and liquefied petroleum gas by 17c/kg. 

Petrol price to rise 1c/ℓ in August

Kibo to raise £500 000 for Botswana, Mozambique projects; shareholders approve name change

By: Simone Liedtke     30th July 2018 Aim-listed Kibo Mining has received commitments from an Ireland-based Investment Fund to raise £500 000 through a placing of just over 9.5-million ordinary shares in Kibo of par value at €0.015 at a placing price of 5.25p a share. The funds from the placing will go towards general working... 

Oando financials thrive on back of high-demand, low-supply oil environment

By: Marleny Arnoldi     27th July 2018 JSE-listed Nigerian energy group Oando reported a solid financial footing for the first half of the year on the back of higher oil prices as a direct consequence of increasing demand and lower supply. Higher oil prices, and the resolution of joint venture funding challenges with the Nigerian... 

Africa's richest man arranges $4.5bn of financing for oil refinery 

By: Reuters     25th July 2018 Africa's richest man, Aliko Dangote, has arranged more than $4.5-billion in debt financing for his Nigerian oil refinery project and aims to start production in early 2020, he told Reuters. Dangote, who built his fortune in cement, is building the world's largest single oil refinery with capacity... 

Tullow has stopped work on Kenya oilfields due to security issues

By: Reuters     25th July 2018 Tullow Oil has stopped works on its Kenyan oil fields and its trucking operations to move oil to the coast due to security issues, Chief Executive Paul McDade told Reuters on Wednesday. "What you saw locally was the local people, the community... using the trucking operation as a lever really to... 

Fuel price protestors send letter of demand to Ramaphosa 

By: African News Agency      24th July 2018 An organisation formed to combat increases in petrol and paraffin prices has sent a list of demands to president Cyril Ramaphosa. People Against Petrol and Paraffin Price Increases (PAPPPI) has requested a meeting with the head of state before its attempt at a national shutdown on Friday. 

 Fuel price protestors send letter of demand to Ramaphosa

Fluor awarded FEL engineering contract at Sasol Secunda

By: Creamer Media Reporter      24th July 2018 Sasol South Africa has awarded Fluor Corporation  the front-end loading (FEL) engineering contract for the Secunda clean fuels baseline improvement basket of projects. “We are pleased to assist Sasol with the start of this important programme. Our team will use its global expertise in clean fuel... 

Egypt hikes gas prices by up to 75% in IMF-backed austerity plan

By: Reuters     23rd July 2018 Egypt said on Saturday it was raising the price of natural gas for home and commercial use by up to 75%, the latest move in an IMF-backed austerity programme that has left many Egyptians struggling to make ends meet. The increases follow hikes to fuel, electricity and public transport prices that... 

Electricity interruptions impact on Sasol’s FY18 production performance

By: Marleny Arnoldi     20th July 2018 Several unplanned electricity supply interruptions and two internal outages at its Secunda synfuels operations, resulted in lower production volumes for petrochemicals group Sasol for the financial year ended June 30. In a trading update published on Friday, the company said its earnings before... 

SMEC South Africa to help develop white oil storage terminal in Ethiopia

By: Marleny Arnoldi     19th July 2018 Consulting engineering firm SMEC South Africa, with support from SMEC International, has been appointed by Ethiopian Petroleum Supply Enterprise to develop a white oil products storage terminal at Port Dukem, in Ethiopia. The facility will be the biggest among the country’s depots at 240 000 m3.  

M&R awarded R4bn of projects in Australasia

By: Marleny Arnoldi     19th July 2018 JSE-listed engineering and construction group Murray & Roberts (M&R) has been awarded new projects to the value of R4-billion, to be delivered over the next two years. These awards include projects to be undertaken by M&R’s oil and gas platform in the metals and minerals market in Australasia,... 

Tullow Oil to shoulder Kosmos' $65m burden over Ghana rig dispute

By: Reuters     18th July 2018 Britain's Tullow Oil has to cough up around $65-million for Kosmos Energy's share and legal fees over a cancelled rig contract in Ghana, the companies said on Wednesday. A London judge had ordered Tullow this month to pay rig owner Seadrill around $254-million, saying Tullow was wrong to end the... 

Africa's richest man signs $650m Afreximbank loan for oil refinery

By: Reuters     16th July 2018 Africa's richest man, Aliko Dangote, has signed a $650-million loan facility with the African Export-Import Bank (Afreximbank) for his oil refinery project in Nigeria. The seven-year term loan would attract a moratorium of five years, according to facility terms read out during the signing. 

Total’s acquisition of Engie LNG portfolio closes

By: Marleny Arnoldi     13th July 2018 Petroleum giant Total’s acquisition of Engie’s portfolio of upstream liquefied natural gas (LNG) assets for an overall enterprise value of $1.5-billion, has closed.  

Transnet Pipelines unveils new national operating centre

By: Shirley le Guern     13th July 2018 A new national operating centre (NOC) that will serve as a nerve centre for Transnet Pipelines (TPL) and its 3 800 km underground national pipeline network was officially opened in Durban on Friday. Up until now, the control centre was based at TPL’s head office in the Durban central business... 

Transnet Pipelines unveils new national operating centre
Transnet Group CEO Siyabonga Gama, TPL COO Sibongiseni Khathi and Transnet COO Mlamuli Buthelezi

Investment, solutions critical for Africa’s power generation sector

By: Tasneem Bulbulia     13th July 2018  The African power generation sector needs sustainable investment to bolster economic growth and assist in developing fit-for-purpose, integrated power solutions, says electrical equipment manufacturer and solutions provider Zest WEG Group integrated solutions executive Alastair Gerrard.... 

Investment, solutions critical for Africa’s power generation sector
SOLUTIONS FOR AFRICA A combination of integrated power solutions and reliable infrastructure is critical to grow the continent’s power generation sector

Power generation posited as mutually beneficial solution

13th July 2018 Municipalities have a lot to gain from small scale, localised power generation in future, but any power generation plans must be approached in a long-term strategic manner involving multiple departments. Speaking ahead of POWER-GEN & DistribuTECH Africa 2018, power sector experts said... 

Power generation posited as  mutually beneficial solution
FULL CIRCLE Before the advent of Eskom in 1926, municipalities in South Africa generated their own power

Gas processing specialist acquired by vacuum pumps company

13th July 2018 Last month industrial vacuum supplier Busch Vacuum Pumps and Systems announced that Switzerland-based engineering company NSB Gas Processing is now part of the global Busch group. The NSB Gas Processing business has been renamed Busch NSB AG and brings a highly regarded team of engineers and a... 

Gas processing specialist acquired by vacuum  pumps company
BIGGER AND BETTER Busch's new manufacturing plant and offices in Virginia Beach USA

M&A advisory firm aims to use SA as gateway to African market

By: Nadine James     13th July 2018 Washington DC-headquartered mergers and acquisition advisory firm Taylor Advisory announced last week that it was entering the African market through South Africa with the appointment of Francois Baird as its Africa co-chairperson and Riaan Rademan as its South Africa co-chairperson. This is... 

M&A advisory firm aims to use SA as gateway to African market
FRANCOIS BAIRD Taylor Advisory's ability to deliver the best results, instead of simply brokering a deal, is specifically vital for Africa-based companies

UK continues to push development of small and modular reactors

By: Rebecca Campbell     13th July 2018 The UK Government has reaffirmed its commitment, including research and development (R&D) funding, to the development of small and modular nuclear reactors. It has done so in the Nuclear Sector Deal, developed by Britain’s Nuclear Industry Council in cooperation with the Government, and published... 

Others expected to follow Coca-Cola’s solar leadership as costs fall

By: Simone Liedtke     13th July 2018 Coca-Cola Beverages South Africa (CCBSA), Coca-Cola’s bottling partner in South Africa, is aiming to have 25% of its electricity powered by renewable sources by 2025. The company says the first 10% of this renewable energy, about 18-million kilowatt hours a year, will be rolled out nationwide... 

Others expected to follow Coca-Cola’s solar leadership as costs fall

Technological advances fast-track new power projects

13th July 2018 Technological advances and a decline in prices in battery energy storage are driving progress in distributed power generation, grid stabilisation and utility scale energy applications, with significant opportunities for companies across Africa. Speaking ahead of Africa’s premier power sector... 

Technological  advances fast-track  new power projects
LESS CHARGE The cost of advanced battery storage has dropped by up to 90% in the past ten years, thanks mainly to the arrival of electric cars

Key issues in focus at Africa’s power forum

13th July 2018 New power sector priorities are emerging across Africa, such as the financing of new power projects, integration of independent power projects, sustainable plant management and the role of the digital revolution in power generation and distribution today. According to local and international... 

Key issues in focus at Africa’s power forum
Photo by Bloomberg
POWER TALK At POWER-GEN & DistribuTECH Africa 2018, experts will assess the trends, challenges and solutions in power generation and distribution across the continent

World's oil cushion could be stretched to the limit, IEA warns

By: Reuters     12th July 2018 The world's oil supply cushion could be stretched to the limit due to prolonged outages, supporting prices and threatening demand growth, the International Energy Agency (IEA) said on Thursday. The expected drop in Iranian crude exports this year due to renewed US sanctions, coupled with a... 

World's oil cushion could be stretched to the limit, IEA warns

Kenya says Nairobi–Mombasa refined products pipeline ready for use

By: Reuters     11th July 2018 A refined products pipeline linking Kenya's capital Nairobi with the port city of Mombasa is complete and ready for use, state-run Kenya Pipeline Company (KPC) said on Wednesday. The 450 km pipeline will eliminate an estimated 700 oil tanker trucks per day that transport fuel by road between... 

Opec sees lower 2019 demand for its oil, points to surplus returning

By: Reuters     11th July 2018 Opec on Wednesday forecast world demand for its crude will decline next year as growth in consumption slows and rivals pump more, pointing to a market surplus returning despite an Opec-led pact to restrain supplies. Giving its first 2019 forecasts in a monthly report, the Organization of the... 

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
Subscribe Now for $119
Free daily email newsletter Register Now
Subscribe Now for $119 Close