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Copper giant's cost crusade imperiled by wage largess of peers

By: Bloomberg     13th June 2018 Generous wage concessions made by private-sector copper producers to avoid strikes in Chile are emboldening unions at Codelco, undermining efforts by the state-owned behemoth to contain costs. That’s the view of CEO Nelson Pizarro, whose focus on costs in a five-decade mining career earned him... 

Africa pursuing diversified energy investments to deliver power

By: Jessica Oosthuizen     20th April 2018 Africa has an abundance of energy resources that can be brought online rapidly and cost effectively, says engineering, procurement and construction services provider Black & Veatch sub-Saharan Africa business development director Webb Meko. With governments realising that no single technology... 

SA firm’s high-capacity air hoists making inroads into global oil and gas, marine sectors

By: Schalk Burger     13th April 2018 Industrial pneumatic equipment manufacturer ATS 2000 is reporting significant demand for its high-capacity air hoists in the international oil and gas market and for industrial and marine applications, says ATS 2000 MD Glenton Rebello. The company has manufactured four 60 t air hoists at its... 

BDO appoints Australian to lead Global Natural Resources sector

12th April 2018 BDO is pleased to announce the appointment of Sherif Andrawes as Global Natural Resources Leader.  Sherif, who is based in BDO’s Perth office, will continue as Chairman of BDO WA as well as taking on this global role effective from 26 April 2018. Sherif commenced his career in 1987 with BDO in... 

US to lead global crude production as soon as 2023 – IEA

By: Henry Lazenby     10th April 2018 US shale production growth is expected to lift the jurisdiction to being the top oil producer globally by 2023, a report from the International Energy Agency (IEA) has shown. According to the IEA, US output will expand by 3.7-million barrels a day, more than half of the world’s expected... 

US LNG firms lament bad timing of steel tariffs and China trade spat

By: Reuters     22nd March 2018 The Trump administration's planned steel tariffs and a potential trade battle with China could hurt US liquefied natural gas companies just as a new wave of developments in the fast-growing market is gaining steam, company executives say. China is the fastest growing major buyer of LNG, making... 

Erin Energy widens loss despite higher oil price lifting revenue

By: Simone Liedtke     16th March 2018 Oil and gas exploration and production company Erin Energy has widened its net loss to $151.9-million, or $0.71 a share, in 2017, from $142.4-million, or $0.67 a share in 2016. The loss comes despite a 30% increase in revenue to $101.2-million and lower exploration and production expenses. The... 

Shell, Blackstone eye $10bn bid for BHP US shale assets – Sky News

By: Reuters     9th March 2018 Royal Dutch Shell and US private equity firm Blackstone Group are working on a joint $10-billion bid for BHP Billiton's US shale assets, Sky News said on Thursday. Shell and Blackstone's offer will only be one of several credible proposals that BHP will receive for its US shale operations, Sky... 

Global industry leaders to address World Petrochemical Conference

9th March 2018 Global chemicals, refining, and oil industry leaders and experts will be among those to address the World Petrochemical Conference (WPC) 2018 taking place at the Hilton Americas Hotel in Houston, in the US from March 19 to 23. The thirty-third annual WPC will welcome more than 80 speakers and 1... 

Energy execs says tariff gambit could hit shale, LNG project costs

By: Reuters     7th March 2018 Energy executives say the Trump administration's proposed steel and aluminum tariffs could bump up the cost of big-ticket projects needed for rapidly rising US shale oil and gas output by three to 10%. Higher construction costs could slow growth in production and exports of crude and natural gas... 

Exxon to quit Russian oil ventures frozen by US sanctions

By: Bloomberg     1st March 2018 Exxon Mobil said it’s abandoning joint ventures with Russia’s Rosneft PJSC after international sanctions against the nation’s energy sector paralysed a historic drilling project. Exxon’s decision to quit its biggest exploration region was made late last year as the US expanded sanctions, the... 

Local Certification Not Accepted Internationally Forces SA Hippo To Set Up Companies In Canada And USA

By: Celeste Koortsen     19th February 2018 In 1993 HAZLETON PUMPS designed, developed and manufactured the first HIPPO Flameproof Submersible Slurry pump be used underground in the South African coal mines.  These pumps had to comply with the IEC 60097-1 regulations and certified by the SABS. As a result of the success of the HIPPO... 

Exxon's silent treatment on earnings is rankling Wall Street

By: Bloomberg     8th February 2018 Wall Street wants answers from Exxon Mobil. For at least a decade, Exxon’s top executives haven’t taken questions from Wall Street analysts during quarterly conference calls. Instead, Exxon only fields its VP for investor relations, a unique practice among the top ten S&P 500 Index companies and... 

A new era of batteries spells trouble for gas in America

By: Bloomberg     12th January 2018 California, the state that helped birth the global boom in battery-toting electric vehicles, is trying to spark a similar transformation for utilities. And that spells trouble for power plants all across the U.S. that run on natural gas. The California Public Utilities Commission approved an... 

Second SA Hippo Flameproof Submersible Slurry Pump Goes To Houston.

9th January 2018 The HIPPO flameproof submersible slurry pump range manufactured inSouthAfrica with a 98% local content has been exported to Canada since 2003. The specific controls that have been build into the pump has resulted in the HIPPO flameproof submersible slurry pump being regarded as the world’s safest... 

SA Hippo Flameproof Submersible Slurry Pump Goes To Houston.

1st November 2017 TARGA RESOURCES, with its headquarters in Houston, Texas, is a leading provider of midstream services in North America and is primarily engaged in the business of gathering, compressing, treating, processing gas, crude oil and the selling of refined petroleum products. At the TARGA RESOURCES’... 

Rockwell Automation Demonstrates Commitment to Houston

16th October 2017 Weeks after the devastation from Hurricane Harvey and Irma, leaders at Rockwell Automation are confidently moving forward with plans to host the annual Automation Fair event in Houston. “Our hearts go out to the greater Houston community and all who have been affected by the recent hurricanes,”... 

Company expands into the US

15th September 2017 This year, rope and lifting technology specialist The PFEIFER Group’s opened another branch office in the US, in Houston, Texas, which will see the rope and lifting technology specialist continue to grow its business in conjunction with the group’s other US existing branch, which was launched in... 

US braces for Hurricane Irma as effects of Harvey still progress toward consumers

By: Henry Lazenby     9th September 2017 While the effects of Hurricane Harvey are still progressing downstream in the US oil and gas supply chain, progressing towards consumers, Hurricane Irma is threatening the US with another potential blow, with parts of the country already seeing a disruption of energy and chemical product... 

Gold extends rally to 2017 high as North Korea test adds to angst

By: Bloomberg     29th August 2017 Gold rose to the highest this year after North Korea fired a ballistic missile over Japan, boosting haven demand and extending a rally fuelled by declines in the dollar. An index of precious-metals mining stocks touched a four-month high. The greenback fell for a third day to its lowest since... 

Gold closes above $1 300 for first time this year on dollar, Fed

By: Bloomberg     29th August 2017 Gold futures closed above $1 300/oz for the first time since November as the dollar dropped and speculation mounted that policy makers will be slow to raise US interest rates. Futures for delivery in December rose 1.3% to settle at $1 315.30 at 1:42 pm on the Comex in New York. The Bloomberg... 

Albemarle drops most on S&P 500 as cost of finding lithium rises

By: Bloomberg     9th August 2017 Albemarle Corp plunged the most in 18 months as the world’s largest lithium producer forecast disappointing earnings amid rising exploration costs and lower prices for the mineral used in electric-vehicle batteries. Lithium profit the rest of this year will probably decline from the record level... 

New model for estimating risk proves effective in case studies

21st July 2017 Massachusetts-based business school MIT Sloan School of Management have presented new research about a new model that estimates risks and extends gate review analysis beyond “go” and “no go” options. “Today, most technical development projects go through a phase-gate process, with each gate... 

Grand Parkway toll road expansion project, US

By: Sheila Barradas     16th June 2017 The project involves the design and construction of segments H and I of the State Highway 99 ring road, also known as the Grand Parkway. 

Expo creates new opportunities for young scientists

19th May 2017 Earlier this month, three learners departed to participate in the International Sustainable World Energy, Engineering, and Environment Project Olympiad (I-SWEEEP) in Houston, US. The three learners did exceptionally well in the Eskom Expo for Young Scientists International Finals in October last... 

Houston schools project, US

By: Sheila Barradas     12th May 2017 The project entails the construction of two schools in Houston, Texas. 

Arconic opens door to Elliott deal with offer of two board seats

By: Bloomberg     25th April 2017 Arconic broached a potential compromise in a bruising proxy battle with Elliott Management, saying it would be willing to hand over two of the four board seats sought by billionaire Paul Singer’s New York hedge fund. The Arconic board will “promptly appoint” two of Elliott’s candidates if they... 

World's nutrient-poor farms get a vitamin boost from zinc mines

By: Bloomberg     18th April 2017 Injecting an industrial metal back into the ground could prove a boon for farmers and miners alike. The metal is zinc. Used mostly to reduce corrosion in iron and steel, zinc also is needed in trace amounts to keep humans and plants healthy. Without it in their diets, people are prone to... 

Singer's BHP gambit shines light on little-known oil giant

By: Bloomberg     11th April 2017 The usual suspects have planted their flags along the dusty byways of the Permian Basin, declaring where they’ve staked claims. There are names like Royal Dutch Shell, Anadarko Petroleum, Pioneer Natural Resources. And, on signs fronting a barbed-wire fence, BHP Billiton. For the world’s largest... 

How can outsourcing your mining company’s FIFO travel requirements increase efficiencies?

6th April 2017 By Lucy Donald, Director and Head of Mining Division at WRS – Worldwide Recruitment Solutions The process of managing FIFO rosters is something which gives a lot of our clients a real headache, with limited automation the process is ripe for mistakes and places a real burden on internal processes... 

I-45 highway expansion project, US

By: Sheila Barradas     10th March 2017 The project involves the widening of the I-45 highway in Texas. 

Trump’s latest executive orders may be burdensome for oil

By: Bloomberg     1st February 2017 Oil-services giant Halliburton told employees to stay put. An oil trade group is concerned by the proposed border tax. Another global oil company is reconsidering whether to place a crude trader in Houston. And universities that train energy workers across the country estimated that hundreds of... 

EnerMech Acquires Electrical & Instrumentation Specialist In Largest Deal To Date

18th January 2017 Engineering services specialist EnerMech has made its first entry in to the electrical and instrumentation (E&I) sector with the acquisition of EPS Group in Australia and the Americas. EPS Group employs 250 staff in Sydney, Melbourne, Brisbane, Darwin, Houston and Louisiana, and has annual... 

New Year heralds several senior management employments

By: Henry Lazenby     4th January 2017 Early 2017 corporate activity saw a slew of senior management appointments being made by miners. TSX- and NYSE-listed Tahoe Resources has appointed former Goldcorp president and CEO Chuck Jeannes to the board effective January 1. 

Sasol wins tax award in Mozambique

21st October 2016 Oil and gas company Sasol Petroleum Temane was this year named the best income tax payer for 2015 in the large companies section by Mozambique Revenue Authority. 

Ocean Resources in hot pursuit of REE, scandium-enriched deepsea muds

By: Henry Lazenby     5th October 2016 An experienced exploration team is keen to get equipment back out on the water and into the deep sea floor about 5 km below the ocean surface in the offshore Cook Islands exclusive economic zone, to look for rare earth elements (REEs) and scandium. Headed by marine mining veteran Ron Rose, who... 

New explorer Ocean Minerals to look offshore Cook Islands for REEs

By: Henry Lazenby     29th September 2016 Recently formed US-based exploration company Ocean Minerals is heading to the exclusive economic zone of the Cook Islands, in the Southern Pacific, to look for rare earth elements (REEs) and scandium on the deep ocean floor. The Houston, Texas-based company on Wednesday joined the likes of... 

High-tech ‘cyber’ drill rig makes presence felt in Mozambique bush

By: Terence Creamer     5th September 2016 In stark contrast to its rugged surroundings in the Temane bush and not far from the picturesque Mozambican coastal town of Vilanculos, one of the highest-technology drill rigs yet to be deployed in Africa rises out of the orange-brown earth and towers over the surrounding bush. The rig – known... 

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