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Press Office - Reatile

Reatile

Reatile Group is a 100% black owned investment holding company formed in 2003 to take advantage of the opportunities presented by the economic transformation in industrial sectors of the South African Economy.

Reatile Group’s strategic focus is on the energy, petrochemical and industrial sectors.

Topic

Forward-looking Epiroc makes a move in Mozambique

13th August 2018 The drive to become a stronger partner and bolster services to customers in Mozambique fueled the decision by global mining equipment specialist, Epiroc, to relocate to larger premises in Maputo on 1 July 2018. Epiroc made the bold decision to establish a foothold in Mozambique with the opening... 

Petronas acquires 30% equity in Senegal oil, gas block

By: Reuters     13th August 2018 Malaysian oil and gas company Petroliam Nasional (Petronas) said on Monday it has acquired a 30% stake in Senegal's Rufisque Offshore Profond block, its first project in the West African nation. Oil major Total will maintain operatorship of the block with a 60% ownership, Petronas said in a... 

APA takes up A$13bn offer

By: Esmarie Swanepoel     13th August 2018 The directors of energy infrastructure business APA Group have unanimously recommended a near A$13-billion takeover offer from a consortium led by CK Infrastructure Holdings. The A$11 a share offer was first flagged in June this year, with the consortium, which also includes CK Asset Holdings... 

Santos expands drilling in Cooper basin

By: Esmarie Swanepoel     13th August 2018 Oil and gas major Santos has started operation of a fourth rig in the Cooper Basin, as part of a drive to produce more natural gas to supply the east coast domestic market. The company on Monday said that the rig will drill eight wells by the end of this year, starting with the Big Lake field,... 

Lithium and copper tipped as major Australian export drivers

By: Esmarie Swanepoel     13th August 2018 The Reserve Bank of Australia (RBA) has tipped lithium and copper to be the major drivers for commodity exports in Australia, in the next few years. In its August Statement on Monetary Policy, the RBA noted that mineral exploration and mining activity for commodities used in the rechargeable... 

Global first from Neo Monitors and RTS Africa - real-time in-situ hydrogen monitoring

10th August 2018 A major boost for petrochemical and refinery process control engineers The reliable in-situ measurement of hydrogen in multiple gas process streams is something that refinery and petrochemical plant process control engineers would like to have been able to do previously, but have never had the... 

Billionaire's huge Nigerian oil refinery likely delayed until 2022 – sources

By: Reuters     10th August 2018 A huge oil refinery being built in Nigeria by Africa's richest man is unlikely to start production until 2022, two years later than the target date, sources with direct knowledge of the matter said. The 650 000 bbl/d refinery near Lagos, set to be Africa's biggest, is expected to boost Nigeria's... 

Sonatrach in talks with 14 foreign firms on trading venture – CEO

By: Reuters     10th August 2018 Algerian State energy firm Sonatrach is in talks with 14 international firms for a joint venture to trade oil and gas products after agreeing to buy its first overseas refinery, its CEO said on Thursday. "I am happy to say that 14 firms are on the list to do a JV on trading with us," Abdelmoumen... 

Aurora walks away from Molopo Energy

By: Esmarie Swanepoel     10th August 2018 Suitor Aurora Funds Management has withdrawn its takeover bid for ASX-listed Molopo Energy, saying the company had made a number of transactions that are considered to be defeating conditions of the bid. The transactions saw Molopo not only take full ownership of the Orient oil and gas project,... 

Fibre optics punted for pipeline monitoring amid major spills in mining and other sectors

By: Nadine James     10th August 2018 Fibre optics were invented to carry huge amounts of voice data over long distances very efficiently, but advancements in optical technology have enabled the use of specialised fibre optic cables as sensors with the ability to measure parameters such as acoustic energy, temperature, strain, and... 

Karoo’s MeerKAT radio telescope sets scene for pioneering scientific discovery

By: Dylan Slater     10th August 2018 The Karoo-based MeerKAT radio telescope, located about 90 km from Carnarvon, in the Northern Cape, was inaugurated on July 13, giving the public a glimpse into what was unveiled as the best of its kind and a true benchmark in terms of pioneering scientific cosmic discovery, says South African... 

South African farmers face tough road to recovery

By: Erin Steenhoff-Snethlage     10th August 2018 Local orchards and vineyards could take between five and seven years to fully recover from the recent drought, provided there is average or above-average rainfall for three consecutive years, says agriculture industry association Agri SA head of natural resources Janse Rabie. “Because of the... 

Industry provider to expand African footprint

By: Tasneem Bulbulia     10th August 2018 With many emerging and developing industries in Africa, as well as greater awareness of environmental issues and concerns, instrumentation manufacturer E Instruments regards the continent as an area of growth for its business. E Instruments product manager Bill Freed tells Engineering News that... 

Anticipated growth for solar furnace market

10th August 2018 The global solar furnace market is envisaged to leverage the opportunity created by the growing need to use solar energy as a cost-effective alternative to fossil fuel, owing to increasing prices. This is according to a report by market researcher and consulting services provider TMR Research,... 

Karoo’s MeerKAT radio telescope sets scene for pioneering scientific discovery

By: Dylan Slater     10th August 2018 The Karoo-based MeerKAT radio telescope, located about 90 km from Carnarvon, in the Northern Cape, was inaugurated on July 13, giving the public a glimpse into what was unveiled as the best of its kind and a true benchmark in terms of pioneering scientific cosmic discovery, says South African... 

Enhanced compressed air dryer launched

10th August 2018 Global manufacturing and industrial equipment supplier, SPX Flow, through compressed air treatment supplier Artic Driers International, has introduced a “radically” new approach to compressed air drying, according to an Artic Driers International statement in July. The incessant need to reduce... 

Do-it-yourself works for Pratley as it turns 70

By: Schalk Burger     10th August 2018 Full control over raw-material sources, production and packaging, as well as the in-house expertise that this stimulates, enables the Pratley group of companies to develop innovative products, ensure quality control and grow, says Pratley CEO Kim Pratley. The company, which produces a well-known... 

Shah Deniz gasfield Stage 2 development project, Azerbaijan

By: Sheila Barradas     10th August 2018 The project started on July 2 this year. 

Glencore closing in on oil deal, transacting with Eskom

By: Martin Creamer     8th August 2018 The local downstream oil investments of diversified mining and marketing company Glencore are expected to be concluded in the near future. Talking during a media conference after the Johannesburg- and London-listed company posted outstanding half-year results that won analyst applause, Glencore... 

JRA reopens expanded asphalt plant to better meet city’s infrastructure needs

By: Simone Liedtke     8th August 2018 As part of its commitment to bringing real change to communities, the Johannesburg Road Agency (JRA) on Wednesday relaunched its asphalt plant, in Ophirton, Johannesburg. The plant, which was first built in 1965, had to be refurbished to ensure it meets air quality requirements. 

Santos taps possible PNG LNG source

By: Esmarie Swanepoel     8th August 2018 Australian oil and gas major Santos on Wednesday reported that drilling at its Barikewa-3 well, in Papua New Guinea (PNG), has confirmed that there was significant natural gas resource close to the PNG liquefied natural gas (LNG) project infrastructure, which could still be developed. The well... 

Mozambique finalises block 5 oil deals with multinational firms

By: Reuters     8th August 2018 Mozambique's government on Tuesday approved contracts giving exclusive rights to energy companies to act on concessions awarded to them to explore for oil following four years of negotiations and delays that threatened to derail the projects. Cabinet spokesperson Ana Comoana said the companies... 

AB InBev to build new brewery in fast-growing Mozambique

By: Reuters     8th August 2018 Anheuser-Busch InBev, the world's biggest brewer, will start building a more than two-million hectolitre a year brewery in Mozambique in the second half of next year, the company's Africa head said on Tuesday. The Mozambique investment will look to fend off competition from rival Heineken, which... 

Ghanaian President sacks Energy Minister, gives no reason

By: Reuters     7th August 2018 Ghanaian President Nana Akufo-Addo sacked Energy Minister Boakye Agyarko on Monday, a statement from the presidency said, giving no official reason. Press reports said Agyarko was removed because Akufo-Addo was unhappy with his handling of an agreement to extend an existing five-year deal with... 

Atrum hoping to amend Jogmec deal

By: Esmarie Swanepoel     7th August 2018 ASX-listed Atrum Coal is hoping to amend its joint exploration agreement with Japan Oil, Gas and Metals National Corporation (Jogmec) at the Panorama North coal project, in Canada, to include the Panorama South project. The two companies have agreed to convert the exclusivity Jogmec has had to... 

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... 

Vedanta delivers strong Q1 Ebitda

By: Simone Liedtke     6th August 2018 Diversified miner Vedanta Resources on Monday announced that it had delivered strong earnings before interest, taxes, depreciation and amortisation (Ebitda) and drove steady margins in the first quarter of the 2019 financial year. The margins, the miner highlighted, were driven by record volumes... 

Great Australian Bight holds a treasure trove for South Australia

By: Esmarie Swanepoel     6th August 2018 A new study by the Australian Petroleum Production and Exploration Association (Appea) has found that successful oil exploration in the Great Australian Bight could see the creation of more than 2 000 jobs in South Australia and generate over A$7-billion a year in average tax revenue to federal... 

Erudite adopts a fresh approach to transformation 

By: Nadine James     3rd August 2018 Becoming a sustainable and relevant mining industry service provider requires a genuine effort to meet and address issues of localisation and transformation, while fostering local partnerships to develop extractive projects in African countries, suggests engineering, procurement and construction... 

Free-to-attend seminars to share latest industry insights

By: Creamer Media Reporter      3rd August 2018 Taking place from 10-14 September at the Expo Centre in Nasrec, Johannesburg, visitors to this year’s Electra Mining Africa will not only have the potential of engaging with 900+ exhibitors across the inside halls and outside exhibit areas, they will also have the opportunity to attend daily... 

Agreement stokes West African renewable-energy market

By: Schalk Burger     3rd August 2018 German solar mounting company Schletter Group has signed a wholesale agreement with steel manufacturer Sparkwest Steel Industries, which will exclusively market Schletter open-area and rooftop systems in Nigeria. Sparkwest Steel will also act as wholesale dealer for the Schletter Group in a... 

Redefining philanthropy

By: Martin Zhuwakinyu     3rd August 2018 Aliko Dangote, Africa’s richest man – with a net worth of $12.4-billion – is redefining philanthropy in his native Nigeria. But the 61-year-old is doing this in a way that will make his bank account even fatter. Dangote Group, the 30 000-employee multinational industrial conglomerate he founded... 

Ichthys liquefied natural gas project, Australia

By: Sheila Barradas     3rd August 2018 The first offshore production well has started. 

Nigeria oil refinery

3rd August 2018 Nigerian business magnate Aliko Dangote has arranged more than $4.5-billion in debt financing for his Nigerian oil refinery project. 

Rutas del Loa road project, Chile

By: Sheila Barradas     3rd August 2018 The construction contract for the project has been awarded. 

Mixed feed cracker project, South Korea

By: Sheila Barradas     3rd August 2018 GS Caltex Corporation is building a 700 000 t/y ethylene mixed feed cracker, in Yeosu. 

Morgan’s Point ethylene export facility, US

By: Sheila Barradas     3rd August 2018 Enterprise Products Partners and Navigator Holdings are building an ethylene terminal with a capacity to export about 2.2-billion pounds of ethylene a year on the Texas Gulf Coast.  

Gas industry pushes for further easing of restrictions to boost supply

By: Esmarie Swanepoel     2nd August 2018 The resources industry has called for a further easing of restrictions on the gas industry to ensure the development of more supply, according to the Australian Competition and Consumer Commission’s (ACCC’s) latest Gas Market Inquiry report. The ACCC said on Thursday that while conditions on the... 

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