http://www.engineeringnews.co.za
R/€ = 16.07 Change: -0.01
R/$ = 14.17 Change: 0.01
Au 1214.98 $/oz Change: 2.08
Pt 843.50 $/oz Change: 7.48
 

Energy News

Globeleq-led consortium partners with EDM to progress Moz gas-fired power project

By: Nadine James     21st June 2018 Lead partner in the Temane Energy Consortium (TEC), Globeleq, has signed a joint development agreement with Electricidade de Moçambique (EDM) to progress the 400 MW Temane gas-fired power project, located in Mozambique’s Inhambane province. The agreement, which was signed at the African Energy... 

For OPEC, oil tariff spat is short-term gain, long-term pain

By: Reuters     21st June 2018 Opec, which has lost Chinese market share to US oil producers, should in theory view a tariff spat between Beijing and Washington as a boon. But while Opec can sell more oil to China as a result of import tariffs on US crude, in the long term the trade dispute could hit economic growth and oil... 

South Africa ahead of renewable energy curve – adviser

By: Simone Liedtke     19th June 2018 Despite the South African renewables market being in its infancy in comparison to well-established markets, South Africa is ahead of the curve, says owner’s engineer and lender’s technical adviser K2 Management. This, K2 Management South Africa country director Hebren James explains, is owing to... 

South Africa ahead of renewable energy curve – adviser

South Africa should push energy efficiency

By: Rebecca Campbell     19th June 2018 A report commissioned by the Department of Science and Technology (DST) and compiled by the Academy of Science of South Africa (ASSAf) has called for energy efficiency to be given “the priority it deserves” in future versions of the country’s Integrated Resource Plan (IRP). The report, “The State... 

Nigeria power generation drops after ruptured gas pipe shuts six power stations

By: Reuters     19th June 2018 Nigeria experienced a sharp drop in power after a gas pipeline rupture caused six power stations to halt operations temporarily, the electricity grid operator said, underscoring the chronic instability of the country's power infrastructure. The Transmission Company of Nigeria (TCN), the grid... 

London, other cities call for new petrol and diesel car ban to start earlier

By: Reuters     18th June 2018 London Mayor Sadiq Khan and other city leaders from across Britain said on Monday a government plan to ban the sale of new diesel and petrol cars should be brought forward by ten years to 2030, in the latest push to improve air quality. Prime Minister Theresa May's Conservative government said... 

Centrica, Tokyo Gas join Anadarko's Mozambique LNG project as buyers

By: Reuters     15th June 2018 Britain's Centrica and Japan's Tokyo Gas have signed a non-binding agreement to buy liquefied natural gas (LNG) from Anadarko Petroleum's Mozambique acreage, a deal that will help the US company reach a final decision on the project. Centrica and Tokyo Gas will buy 2.6-million tonnes of LNG per... 

More petrol price hikes for SA: 'Oil down but Rand pummels fuel price' – AA

By: News24Wire      15th June 2018 Motorists will have to brace themselves as fuel prices look set for another jump going into July, says Automobile Association (AA), commenting on unaudited mid-month fuel data released by the Central Energy Fund (CEF).   AA said: "Since the start of June, the Rand has steadily weakened against... 

More petrol price hikes for SA: 'Oil down but Rand pummels fuel price' – AA

Carbon-content waste disposal rethought

By: Paige Müller     15th June 2018 In light of the Department of Environmental Affairs’ (DEA’s) imminent ban on all forms of liquid waste to landfill set for August 2019 and the ban on hazardous waste to landfill with a calorific value greater than 25 MJ/kg since August 2017, waste management service provider Interwaste states... 

Carbon-content waste disposal rethought
WASTE-DERIVED FUEL Interwaste has invested a significantly in the development of alternative waste solutions aimed at turning harmful waste into waste-derived fuel

Company invests in new petrochemicals complex

15th June 2018 Petroleum industry company Qatar Petroleum plans to build a “world-scale” petrochemicals complex that will include the Middle East's largest ethane cracker, according to Qatar Petroleum president and CEO Saad Sherida Al-Kaabi. Qatar Petroleum has invited a group of leading international... 

Company invests in new petrochemicals complex
INTERNATIONAL CONTRACT Qatar Petroleum has invited leading international companies to submit proposals for partnering on the development of a new Petrochemicals Complex

Petroleum conference renewed for a third year

By: Paige Müller     15th June 2018 The West African International Petroleum Exhibition and Conference (Waipec) will be renewed for a third consecutive year, following an overwhelmingly successful reception from regional and international participants at this year’s second annual conference in Lagos, Nigeria.   Petroleum Technology... 

Petroleum conference  renewed for a third year
BANK-ANTHONY OKOROAFOR The West African International Petroleum Exhibition and Conference will start closing the collaboration gaps within the West African region and enable it to harness its resources

Italy top court rejects appeal to stymie Shell, Eni corruption trial

By: Reuters     14th June 2018 Italy's Supreme Court threw out an appeal from Shell and four former Shell managers to stymie a trial on alleged corruption in Nigeria, which also sees Eni's chief on the bench, legal sources said on Wednesday. The long-running graft case revolves around the 2011 purchase by Eni and Shell of... 

PetroSA's GTL refinery could run out of natural gas in two years 

By: Reuters     12th June 2018 South Africa's flagship gas-to-liquids (GTL) refinery at Mossel Bay could run out of natural gas within two years when offshore reserves dry up, a senior energy official said on Tuesday. The Mossel Bay GTL plant, one of the world's largest, is operated by State-owned national oil and gas company... 

PetroSA's GTL refinery could run out of natural gas in two years

US embassy warns citizens to consider leaving district in north Mozambique

By: Reuters     12th June 2018 The US embassy in Mozambique said Americans should consider leaving a northeastern district close to a major gas field as imminent attacks are likely after suspected Islamist militants beheaded ten people and killed seven others since May. Any sign of militant activity is a concern for the... 

US embassy warns citizens to consider leaving district in north Mozambique

Morocco, Nigeria agree on next steps for offshore/onshore gas pipeline

By: Reuters     11th June 2018 Morocco and Nigeria on Sunday signed a joint declaration in Rabat laying out the next steps for the completion of a gas pipeline deal that will be built onshore and offshore, Moroccan state news agency MAP said. The two countries agreed to the pipeline in December 2016 and launched feasibility... 

Interwaste uses innovation to convert waste into energy

By: Donald Makhafola     8th June 2018 Waste management company Interwaste is continually exploring processes and technologies to divert waste from landfills and has created a variety of methods converting waste-to-energy. Interwaste director for business development and marketing Kate Stubbs says the first way to get value out of... 

Interwaste uses innovation to convert waste into energy
WASTE-TO-ENERGY Companies are committed to reduce their carbon emissions footprint and looking at alternative sources of fuel, as well as renewable energy

Congo mining revenues triple in Q1; oil revenues down 11%

By: Reuters     6th June 2018 Democratic Republic of Congo's (DRC's) revenues from its mining sector tripled year-on-year in the first quarter of 2018 to $397.86-million, finance ministry data showed. Revenues from the oil and gas sector dropped 10.87 percent year-on-year in the first quarter to $29.45-million, according to... 

Prepare for greater generation competition, Radebe tells Eskom

By: Terence Creamer     4th June 2018 Energy Minister Jeff Radebe has hinted at possible dramatic changes in the structure of South Africa’s electricity supply industry, which is currently dominated by Eskom, a vertically integrated State-owned utility. During a recent stakeholder gathering the Minister responded strongly in the... 

Prepare for greater generation competition, Radebe tells Eskom

Eskom welcomes declaration of Ingula nature reserve

By: Simone Liedtke     4th June 2018 State-owned Eskom’s Ingula pumped storage scheme, in the Free State and KwaZulu-Natal, and its associated land, has formally been declared a nature reserve. The Ingula nature reserve is Eskom’s third following the establishment of the Koeberg nature reserve and the Majuba nature reserve, which... 

Kenya launches pilot oil export scheme via Mombasa

By: Reuters     4th June 2018 Kenya has launched a pilot scheme to export crude oil via Mombasa as part of efforts to capitalise on the country's oil reserves. The East African country discovered commercial oil reserves in its Lokichar basin in 2012 and a 800 km (500 mile) pipeline is due to be built before production starts... 

Resgen seeks additional funding while Boikarabelo delay continues

By: Simone Liedtke     4th June 2018 ASX- and JSE-listed Resource Generation (Resgen) will, this month, table a submission with international commodities group Noble Resources, for the provision of additional funding for the anticipated working capital requirement arising from the development delay in Resgen’s... 

Pain for South Africans as petrol price hits new record

By: News24Wire      1st June 2018 Both grades of petrol, 93 and 95 (ULP & LRP), will increase by a hefty 82c a litre on Wednesday, the Department of Energy (DoE) announced on Friday. Diesel 0.05% sulphur and diesel 0.005% sulphur will increase by 85c and 87c a litre respectively. 

 Pain for South Africans as petrol price hits new record

South Africa to release new-look renewables bid window in November

By: Terence Creamer     1st June 2018 Energy Minister Jeff Radebe announced on Friday that South Africa would launch a fifth Renewable Energy Independent Power Producer Procurement Programme (REIPPPP) bid window in November with the aim of procuring a further 1 800 MW of renewable energy from independent power producers (IPPs).... 

South Africa to release new-look renewables bid window in November
Photo by Dylan Slater
Energy Minister Jeff Radebe

Renergen impairs hydro project to focus on South African natural gas market

By: Simone Liedtke     1st June 2018 Integrated alternative energy business Renergen impaired its R12.2-million Côte d’Ivoire Hydro hydroelectric project, which was managed by its subsidiary, Mega Power Renewables, during the 2018 financial year and shifted its focus to the South African natural gas market. The impairment decision... 

Metair seeks to acquire Slovenian battery manufacturer for €300m

By: Marleny Arnoldi     1st June 2018 JSE-listed energy storage and automotive component manufacturer Metair has submitted an indicative nonbinding offer to acquire battery manufacturer Tovarna Akumulatorskih Baterij (TAB), in Slovenia.  

Metair seeks to acquire Slovenian battery manufacturer for €300m

Tullow Oil eyes new Ghana offshore assets – CEO

By: Reuters     31st May 2018 Tullow Oil is interested in new oil blocks off Ghana's coast as part of the British explorers plans to consolidate its operations in the West African nation, Chief Executive Paul McDade said on Thursday. Tullow is leading two operations offshore Ghana, including the country's flagship 100 000... 

More pain at the pumps: Huge fuel price hikes for June – AA 

By: News24Wire      31st May 2018 Fuel prices will jump to record highs in June on the back of stronger international oil prices, and a deficit carried over from April. This is according to the Automobile Association (AA), which was commenting on unaudited month-end fuel data released by the Central Energy Fund (CEF).   The Rand... 

 More pain at the pumps: Huge fuel price hikes for June – AA

Denel Aeronautics acting CEO was in charge at SA Express when irregular contract signed – union

By: Rebecca Campbell     30th May 2018 Trade union Solidarity claimed on Wednesday that the reported fuel purchase contract, which failed to follow prescribed tender procedures, placed by State-owned airline SA Express with a little known company, EML Energy, had been placed while Victor Xaba had been acting CEO of the airline. Xaba... 

Denel Aeronautics acting CEO was in charge at SA Express when irregular contract signed – union
Photo by Duane Daws/Creamer Media
Victor Xaba

Vivo’s Q1 adjusted Ebitda rises 6% y/y

By: Anine Kilian     30th May 2018 JSE-listed Vivo Energy achieved a 6% year-on-year increase in adjusted earnings before interest, taxes, depreciation and amortisation (Ebitda) to $102-million for the quarter ended March 31, compared with Ebitda of $96-million in the first quarter of 2017. Total volumes were up 5% year-on-year,... 

Tullow Oil picks Australia's Worley Parsons for Kenya contract

By: Reuters     29th May 2018 Tullow Oil has awarded an engineering design contract for oil production in its northern Kenyan blocs to Australia's Worley Parsons, a Kenyan petroleum ministry official told Reuters on Tuesday. Kenya this month moved a step closer to full production at the blocs when the local government and the... 

Total, Sonangol agree to increased activity in Angola

By: Marleny Arnoldi     29th May 2018 During a recent official visit to France by Angola President João Lourenço and a delegation of Angolan businesspersons, petrochemicals giant Total chairperson and CEO Patrick Pouyanné and Angolan petroleum parastatal Sonangol chairperson Carlos Saturnino signed several agreements to cover the... 

Total, Sonangol agree to increased activity in Angola
Photo by Bloomberg
Angola national flag

Nigeria's Bodo community claims win over Shell after latest UK court ruling

By: Reuters     24th May 2018 A British judge ruled on Thursday that Nigeria's Bodo community, which has been involved in a protracted legal battle with Shell over the clean-up of two 2008 oil spills, should retain the option of litigation for another year. Lawyers for Bodo had accused Shell of trying to kill off the legal... 

465 TWh of renewable energy sourced by companies in 2017 – Irena

By: Simone Liedtke     24th May 2018 Companies in 75 countries actively sourced 465 TWh of renewable energy in 2017, an amount close to the overall electricity demand of France, a new report by the International Renewable Energy Agency (Irena) states. With the continued decline in the costs of renewables, the report suggests that... 

AfDB, Korea agree to partner on Korea-Africa Energy Investment Facility

By: Simone Liedtke     23rd May 2018 The government of Korea and the African Development Bank (AfDB) have signed a letter of intent to launch the Korea–Africa Energy Investment Facility (KEIF), which will provide significant support to the New Deal on Energy for Africa, which aims to achieve universal access to energy.  The signing,... 

Shell's oil spill dispute with Nigeria's Bodo villagers back in UK court

By: Reuters     23rd May 2018 Lawyers for the Bodo community in Nigeria's oil-producing Niger Delta, which was devastated by two major oil spills a decade ago, went to court in London on Tuesday to fend off what they said was an attempt by Shell to kill off their litigation. The Bodo oil spills have been the subject of years... 

Angola cuts tax rates for development of marginal oilfields

By: Reuters     22nd May 2018 Angola has halved headline tax rates for marginal oil fields as part of a series of laws to drive investment and reverse declining output in Africa's second largest crude producer. The series of presidential decrees, published in the Official Gazette on Friday and made available by the oil... 

Renergen, SAB tap into gas to reduce carbon emissions with landmark transaction

By: Simone Liedtke     21st May 2018 Natural gas development company Renergen has signed an offtake agreement with Anheuser-Busch InBev (AB InBev)subsidiary South African Breweries (SAB) for the supply of liquefied natural gas (LNG) to power its delivery trucks. The agreement sees the initial roll out of compressed natural gas to a... 

Renergen, SAB tap into gas to reduce carbon emissions with landmark transaction
Renergen CEO Stefano Marani

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