http://www.engineeringnews.co.za
R/€ = 16.84 Change: -0.02
R/$ = 14.32 Change: -0.01
Au 1199.39 $/oz Change: -8.83
Pt 828.50 $/oz Change: -8.49
 

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

Finding common ground in the energy mix

20th July 2018 South Africa’s energy sector has been mired in controversy of late, leaving citizens in the dark as to where the country’s energy future is headed and what it will take to keep the lights on. Be it the delays in signing power purchase agreements for the renewables projects, the National Union of... 

The elephant in the substation

By: Terry Mackenzie-hoy     20th July 2018 Everybody knows that renewable energy is great for us all: it is free, it does not pollute, it keeps big bad Eskom on its toes and it  represents huge investments in South Africa. What is there not to love? The bids for various wind power farms (this is the amount for which Eskom has to buy power... 

Nigeria oil refinery

By: Sheila Barradas     20th July 2018 Nigerian business magnate, Aliko Dangote, has signed a $650-million loan facility for his oil refinery project. 

Finding common ground in the energy mix

20th July 2018 South Africa’s energy sector has been mired in controversy of late, leaving citizens in the dark as to where the country’s energy future is headed and what it will take to keep the lights on. Be it the delays in signing power purchase agreements for the renewables projects, the National Union of... 

Commodity contagion spreads as raw material crash threatens calm

By: Bloomberg     19th July 2018 Don’t be fooled by the relative calm across financial markets: The inputs in the global supply chain are flashing warning signs. Commodities have tumbled into correction territory Thursday, sliding again in the face of the resurgent dollar and lingering global trade tensions. Among the recent... 

First African company announces science-based greenhouse gas target

By: African News Agency      19th July 2018 Emira Property Fund has become the first African and South African company to have a greenhouse gas emissions target approved by the Science Based Targets initiative (SBTi). The initiative is a collaboration between CDP, the United Nations Global Compact, World Resources Institute and the World... 

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,... 

Metgasco turns to Mexican Gulf

By: Esmarie Swanepoel     19th July 2018 ASX-listed Metgasco has entered into an agreement with fellow listed Byron Energy to farm-in to the South Marsh Island block, in the Gulf of Mexico. Metgasco will gain a 30% interest in the project through funding 40% of the cost of an initial test well to casing point, as well as certain... 

Woodside production on the up

By: Esmarie Swanepoel     19th July 2018 ASX-listed Woodside Petroleum has reported increased production with the start of the second liquefied natural gas (LNG) train from the Chevron-operated Wheatstone operation. Production during the three months to June reached 22-million barrels of oil equivalent, up from the 20.7-million barrels... 

Higher prices drive Santos revenue

By: Esmarie Swanepoel     19th July 2018 Oil and gas major Santos has reported a 16% increase in sales revenue for the first half of 2018, compared with the previous corresponding period, on the back of stronger commodity prices and higher oil sales. Santos on Thursday reported that production during the first half of the year declined... 

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 energy industry facing disruption

By: Anine Kilian     17th July 2018 Africa’s energy industry is not declining, but it is being disrupted, says GE gas power systems anglophone Africa sales MD Nosizwe Dlengezele. Addressing media at a briefing, in Johannesburg, on Tuesday, she noted that, ultimately, people who rely on the energy market will find ways to acquire... 

The world's biggest miners want more copper but nobody's selling

By: Bloomberg     17th July 2018 It’s the mining world’s biggest dilemma: everyone’s hunting for copper deals, but even the richest producers just can’t pull the trigger. The largest miners all say they’re bullish on copper and looking for growth in the metal that’s forecast to be in ever-greater demand as cities expand and... 

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.  

MGX to earn into Belmont’s Nevada lithium property

By: Mariaan Webb     13th July 2018 Diversified miner MGX Minerals has entered into an option agreement to earn into the Kibby Basin lithium brine project, in the western portion of the Great basin in Nevada, the Canadian firm announced on Friday. MGX will acquire an initial 25% interest in Kibby Basin from TSX-V-listed Belmont... 

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... 

Thyssenkrupp launches industrial-scale water electrolysis solution for large projects

By: Schalk Burger     13th July 2018 Engineering and construction company Thyssenkrupp Industrial Solutions on Thursday launched its industrial-scale advanced water electrolysis solution that makes large-scale hydrogen production from electricity economically attractive. The advanced water electrolysis features a well-proven cell... 

MeerKAT radio telescope inaugurated as precursor to larger SKA project

By: Simone Liedtke     13th July 2018 After a decade in design and construction, the MeerKAT radio telescope, located about 90 km from Canarvon in the Northern Cape, was inaugurated on Friday. The MeerKAT is the precursor to the R10-billion Square Kilometre Array (SKA) – an international enterprise to build the largest and most... 

Company distributes boosters for use in rescue services

By: Halima Frost     13th July 2018 High pressure breathing air compressor supply company Coltri Compressors South Africa became the sole distributer of the MPS Booster pump for booster pump manufacturer MPS Technology in Southern Africa which is marketing it to emergency medical services (EMS) for underground rescues. The MPS... 

Company calls for distribution partners to increase footprint

By: Paige Müller     13th July 2018 Industrial equipment supplier Banding and Identification Solutions Africa (Bisa) is calling for distribution partnerships to help the company expand its footprint in Africa. The company – the only certified African distributor of the US and UK manufactured Band-It products – has noted a... 

Event provides inclusive platform for power supply industry

By: Tasneem Bulbulia     13th July 2018 POWER-GEN & DistribuTECH Africa is an important power generation and distribution event, as it enables the entire spectrum of the power supply industry to convene in one place, from end-user and supplier to service provider, says industrial rope access provider Skyriders marketing manager Mike... 

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... 

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... 

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.... 

SA halts oil exploration permits to revamp licensing

By: Bloomberg     13th July 2018 South Africa’s Department of Mineral Resources has issued a moratorium on new applications for petroleum exploration and development in order to change its licencing process. The restriction won’t affect applications received before the date of publication of the notice, which appeared in the... 

Mozambique moves closer to becoming LNG producer

By: Bloomberg     13th July 2018 Mozambique moved a few steps closer to becoming a player on the fast-growing global market for liquefied natural gas, eight years after the first major deep-water discovery there. The development of hydrocarbon resources is crucial for the southern African country, which has struggled this year... 

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... 

Coal to remain a significant energy source for decades – WCA

By: Nadine James     13th July 2018 Coal will remain a vital growth enabler and source of energy for decades to come, says World Coal Association CEO Benjamin Sporton. He notes that demand for coal will remain stable to positive, as a result of increased industrialisation and electrification, especially in Africa and South-East Asia. 

Atlas Copco

13th July 2018 A world-leading provider of sustainable productivity solutions, Atlas Copco is characterised by focused businesses, a global presence with direct sales and service, a strong, stable and growing service business, professional people and an asset-light and flexible manufacturing setup. “We are... 

Whitetail peaking station, Canada

By: Sheila Barradas     13th July 2018 Enbridge plans to build a 186 MW peaking power station in Alberta. 

Temane gas-fired power plant, Mozambique

By: Sheila Barradas     13th July 2018 Electricidade de Moçambique and Sasol New Energy Holdings plan to supply low-cost, reliable power through the construction of a 400 MW gas-fired power plant in Inhambane. 

Combined-cycle power plants, Thailand

By: Sheila Barradas     13th July 2018 Gulf MP Company is building 12 gas-fired combined-cycle power plants, with a total capacity of 1 470 MW. 

Fields Point liquefaction project, US

By: Sheila Barradas     13th July 2018 National Grid LNG proposes to develop a natural gas liquefaction facility in Rode Island. 

Accountability, ethical remuneration needed to boost corporate governance – PwC

By: Marleny Arnoldi     12th July 2018 Rules on executive bonuses and incentives need to be tightened to boost corporate governance, professional services firm PricewaterhouseCoopers’ (PwC’s) ‘Executive Directors: Practices and Remuneration Trends’ report has found.  

Hurting for buyers, US coal miners are learning to love India

By: Bloomberg     12th July 2018 The big bright spot for US coal miners is located halfway around the world. India almost tripled its imports of the rock from America in the first quarter from a year earlier, helping fuel its fast-growing economy and making it the largest foreign buyer of US coal, according to the US Energy... 

Miners welcome ACCC power plans

By: Esmarie Swanepoel     11th July 2018 The resources sector has welcomed recommendations from the Australian Competition and Consumer Commission (ACCC) to significantly improve electricity affordability for Australian consumers and businesses. The ACCC in March launched an inquiry to identify the root causes of the high electricity... 

BHP gains green light for long-term Pilbara expansion

By: Esmarie Swanepoel     11th July 2018 The Western Australia Environmental Protection Authority has approved mining major BHP’s long-term mining plan in the Pilbara. BHP is planning to expand its iron-ore operations, with plans to more than double current production to 350-million tonnes a year, with the ultimate objective of... 

Latest News

more

Latest Videos

more

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