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Oil & Gas News

Renewable power costs rise, just not as much as fossil fuels

By: Bloomberg 1st July 2022 It’s costing more these days to build and run solar farms and wind turbines, but they’re still cheaper than power plants that rely on fossil fuels. The costs of renewable plants are rising after years of declines due to soaring prices for materials, shipping and labour, according to a... →

Manufacturer now offers new stainless steel braided hose

1st July 2022 Earlier this year, industrial hose specialist Truco announced it had started manufacturing stainless steel braided hose at its Chamdor campus in Johannesburg, Gauteng. Initial capabilities are for hose assemblies from 6 mm to 25 cm in diameter. →

A reel of stainless steel braided hose which is impervious to fire chemicals and pressure

STEELING THE SHOW The new sheet braided hose offered by Truco is ideal for use across a range of industries

Renergen strikes new gas blower named Gandalf, making progress on plant

By: Schalk Burger 30th June 2022 ASX- and JSE-listed natural gas and helium producer Renergen announced a new gas blower named Gandalf at its Virginia gas project, in South Africa’s Free State province, after gas was intersected at 480 m from surface with a flow rate of about 90 000 cubic feet a day. The target depth is 1 200 m,... →

G7 to allow fossil-fuel financing if climate pledges are kept

By: Bloomberg 28th June 2022 Group of Seven (G7) nations are set to allow some exceptional public financing of overseas fossil-fuel projects to continue provided that the investments are consistent with prior climate-change agreements, according to people familiar with the matter. The final text of the leaders’ statement,... →

GreenYellow secures contracts with Retailability, PPC Cement in South Africa

By: Schalk Burger 24th June 2022 Energy efficiency, services and solar photovoltaic solutions company GreenYellow has secured two contracts in South Africa, including a seven-year energy efficiency partnership agreement with retail investment holding company Retailability that will provide 16 GWh of annual energy savings,... →

Hyve Group opens Johannesburg office

By: Donna Slater 21st June 2022 International exhibition and conference organiser Hyve Group has opened a Johannesburg office as a means to enhance its presence in South Africa and expand opportunities for South African citizens.  Hyve Group, which employs over 650 people in 12 offices globally, organises over 50 trade... →

PASA welcomes recognition of natural gas’ role in Africa’s energy transition

By: Tasneem Bulbulia 21st June 2022 Industry organisation the Petroleum Agency SA (PASA) has welcomed the release of the International Energy Agency (IEA)’s ‘Africa Energy Outlook 2022’ report, which outlines possible pathways for Africa’s energy system that are consistent with both the pressing need for a transition to a cleaner... →

‘Jackpot’ oil discoveries may help Namibia double GDP by 2040

By: Bloomberg 21st June 2022 Namibia expects its biggest oil discoveries since independence to help double its economy by 2040, Jennifer Comalie, chairperson of National Petroleum Corp of Namibia, said in a Bloomberg TV interview. TotalEnergies in February said it had made a “significant” oil discovery off the coast of... →

Gas can meet commercial and industrial energy needs

By: Nadine Ramdass 17th June 2022 While there are various sources of energy, gas remains one of the primary sources that can sustain a large amount of industrial and commercial requirements, says consulting service provider Synergy oil & gas consulting and training GM Ismaeel Fataar. He explains that a strong ripple effect from... →

An image of an engineer at an oil and gas processing plant

SKILLS FOR THE FUTURE Skills need to be developed now to meet the future needs of the gas-to-power industry

Increased interest in gas-powered generators

By: Nadine Ramdass 17th June 2022 Since the lifting of the own-generation licence threshold to 100 MW, interest in using gas for embedded power generation has increased significantly, says gas engine and hybrid power plant specialist Clarke Energy business development manager Kara Neale. The high efficiency of gas-powered... →

An image of maintenance of Gas-to-power equipment

TAILORED TO GAS CHARACTERISTICS it is important to ensure that the equipment is suited to the particular gas

Beheadings show Islamist peril persists for Total in Mozambique

By: Bloomberg 16th June 2022 A fresh wave of attacks by an Islamic State affiliate in northern Mozambique has prompted the evacuation of the nation’s biggest solar power plant and threatens to further delay TotalEnergies' $20-billion liquefied natural gas project. Forces from Rwanda and a southern African regional bloc have... →

South Africa should consider Russian crude imports, Mantashe says

By: Reuters 16th June 2022 South Africa's Energy Minister on Wednesday said the country should consider importing crude oil from Russia as part of efforts to curb rising fuel prices, which have soared since the beginning of the war in Ukraine. "We should consider importing crude oil from Russia at a low price because it... →

Climate Commission sets sights on energy mix as it wraps up work on just transition framework

By: Terence Creamer 14th June 2022 The Presidential Climate Commission (PCC) is initiating a process of research and consultation on South Africa’s future energy mix, which it aims to present to Cabinet before the end of 2022. Speaking at a conference hosted by the RES4Africa Foundation in Johannesburg, executive director Dr... →

PCC executive director Dr Crispian Olver

New report outlines strategy for ending load-shedding by early 2024, but delivery hinges on ‘substantial political will’

By: Terence Creamer 13th June 2022 A comprehensive strategy for drastically reducing, or even eliminating, the scourge of rotational power cuts in South Africa by early 2024 has been outlined in a new public-interest report published by Meridian Economics. The authors warn, however, that load-shedding is poised to rise to extreme... →

African oil, gas producers can help to create an inclusive energy transition, says McKinsey

By: Marleny Arnoldi 10th June 2022 Global management consulting firm McKinsey & Company says Africa’s oil and gas producing nations have the opportunity to embark on an inclusive energy transition and chart a course toward a sustainable future, amid a heightened focus on sustainability. “As the world looks to accelerate its... →

Committee welcomes appointment of Jacob Mbele as DMRE director-general

By: Tasneem Bulbulia 10th June 2022 Portfolio Committee on Mineral Resources and Energy chairperson Sahlulele Luzipo has welcomed the appointment of Jacob Mbele as director-general of the Department of Mineral Resources and Energy (DMRE), saying he believes Mbele’s illustrious career at the DMRE qualifies him for the position.... →

Jacob Mbele

Ways to overcome challenges when your boiler fails

10th June 2022 Over the past 24 months, companies requiring emergency boiler systems have succumbed to price increases to keep their steam operations functioning. →

STEAM SYSTEMS A spike in boiler hire is directly proportional to an increased uptake in boiler repair services.

Congo’s oil block sale threatens carbon sinks, forest pact

By: Bloomberg 8th June 2022 The Democratic Republic of Congo’s (DRC's)plan to auction oil exploration blocks next month threatens to disrupt some of the world’s most important carbon sinks and could jeopardize a $500-million forest preservation agreement. Some of the blocks, estimated to contain 16 billion barrels of crude... →

Renergen nears financing close for Virginia gas’ Phase 2

By: Marleny Arnoldi 6th June 2022 JSE-listed emerging helium and natural gas producer Renergen has signed a retainer letter with the US International Development Finance Corporation (DFC) for a possible $500-million loan to finance the Phase 2 development of the company’s Virginia gas project, in the Free State province of South... →

Tech company commissioned to run upgrades in UAE

3rd June 2022 Global technology company ABB has installed ABB Ability System 800xA, called the market-leading distributed control system (DCS) automation platform, to upgrade three grinding units at Star Super Cement in Dubai, in the United Arab Emirates (UAE), →

Renergen says gas project can catalyse Free State manufacturing revival

By: Simone Liedtke 3rd June 2022 Emerging integrated energy producer Renergen is confident that its Virginia gas project, in the Free State, will become a catalyst for “more than just gas” in South Africa, with CEO Stefano Marani expressing optimism about the project’s positive impact on the province as it develops into a... →

Shell, Mantashe's lawyers defend environmental plan for seismic blasting

By: News24Wire 1st June 2022 Both Shell and Minister of Mineral Resources and Energy Gwede Mantashe's lawyers assert that an environmental management plan for the proposed seismic survey off the Wild Coast qualified as environmental authorisation, a court heard. A full bench at the Port Elizabeth High Court in Gqeberha on... →

Minister of Mineral Resources and Energy Gwede Mantashe

Oil powers to sixth monthly gain as EU set to curb Russian flows

By: Bloomberg 31st May 2022 Oil headed for the longest run of monthly gains in more than a decade as European Union (EU) leaders agreed to pursue a partial ban on imports of crude from Russia to increase pressure on Moscow for its invasion of Ukraine. Global benchmark Brent topped $122 a barrel, hitting a two-month high.... →

CDC, Orion Engineered Carbons celebrate sod turning festival at Coega SEZ

By: Darren Parker 30th May 2022 The Coega Development Corporation (CDC) has jointly hosted a sod-turning ceremony with new global investor Orion Engineered Carbons (OEC) to demonstrate the success of the CDC’s 9 003 ha Coega special economic zone (SEZ) in the Eastern Cape as a preferred investment destination in Africa. OEC... →

OEC CE Corning Painter

Shell court case prompts climate protest in Cape Town

By: Bloomberg 30th May 2022 Protesters rallied in Cape Town on Saturday ahead of a court ruling on oil and gas exploration by Shell Plc. Community groups in December won a temporary halt to the company’s seismic survey off South Africa, pending a decision on whether further environmental authorization is needed for the work... →

Low oil output barely enough to cover petrol imports – Nigeria FinMin

By: Reuters 27th May 2022 Low crude oil production means Nigeria is barely able to cover the cost of imported petrol from its oil and gas revenues, Finance Minister Zainab Ahmed told Reuters on Thursday. Ahmed added in an interview at the World Economic Forum in Davos that she hoped Nigerian oil production would average... →

Wasaa to upgrade newly acquired East London Terminal capacity

By: Schalk Burger 26th May 2022 Local black women-owned and managed petrochemicals company Wasaa has completed the acquisition and handover of the East London liquid fuel import terminal from energy multinational BP Southern Africa (BPSA). The company's subsidiary Wasaa Terminals will upgrade and increase capacity of the... →

Sunrise Energy reveals significant growth in LPG volumes at terminal

By: Darren Parker 23rd May 2022 Liquefied petroleum gas (LPG) terminal operator Sunrise Energy has revealed its latest data on LPG imported through its independent terminal at Saldanha Bay in the Western Cape. Sunrise operates the LPG import terminal under exclusive concession from the Transnet National Ports Authority,... →

ANC wants increase in oil, gas exploration, plans to tackle anti-fossil fuel lobby groups 'politically'

By: News24Wire 18th May 2022 As rising fuel costs continue to hit the South African economy, the African National Congress was contemplating pushing for an increase in oil and gas exploration, setting itself up for a fight with anti-fossil fuel lobby groups. This new policy position is detailed in the ANC's draft discussion... →

Transnet increasing supply of jet fuel to ORTIA as railway line repairs start

By: Tasneem Bulbulia 16th May 2022 State-owned Transnet says it is increasing the supply of jet fuel through the National Multi-Product Pipeline from Durban inland, while repairs to the railway line that is also used to transport fuel to Gauteng get under way following damage from the floods in KwaZulu-Natal in April. Currently,... →

South Africa must cut red tape to close energy gap, ANC suggests

By: Bloomberg 13th May 2022 South Africa must accelerate plans to generate more electricity itself, buy more energy from private producers and make it easier for power-hungry mining companies to build their own plants, according to a draft economic policy document compiled by the nation’s governing party. Projects outlined... →

Project launched to fast-track energy, water transition

By: Halima Frost 13th May 2022 The South African Industry Adaption (SAIA) project was launched last month to accelerate South African industry’s energy and water transition to a decarbonised, green and inclusive economy, as well as a vibrant job market. SAIA is a collaboration between the governments of South Africa and... →

A photo of Lee-Hendor Ruiters speaking at teh launch of the The South African Industry Adaption (SAIA) project which was launched last month to accelerate South African industry’s energy and water transition a collaboration between the governments of South Africa and Flanders, in Belgium, and the United Nations Industrial Development Corporation

LEE-HENDOR RUITERSThe South African Industry Adaption (SAIA) project was launched last month to accelerate South African industry’s energy and water transition

Two installations prove company’s mettle

By: Halima Frost 13th May 2022 Industrial boiler manufacturer Steam Generation has successfully completed two projects in Africa that highlight its ability to improve energy efficiency and management for clients. “We commissioned a steam generation plant for a notable brewery in Accra, Ghana, in January, which entailed... →

A large 3 000 kg/h burner installed at local food, home and personal care product producer, in Isando,

BIG BURNER Steam Generation has installed two burners for a client based in Isando

Cabinet approves LPG rollout strategy

By: Creamer Media Reporter 12th May 2022 Cabinet has approved a new liquefied petroleum gas (LPG) rollout strategy for implementation. The strategy, which was published for public consultation in March, seeks to expand the domestic industry and contribute to the diversification of sources of energy, Minister in the Presidency Mondli... →

Two enviro groups challenge development of 400 MW natural gas plant in Richards Bay

By: Marleny Arnoldi 11th May 2022 Environmental justice groups groundWork and the South Durban Community Environmental Alliance (SDCEA) have filed an application in the Pretoria High Court to challenge the environmental authorisation for a proposed gas-to-power plant in the Richards Bay Industrial Development Zone. The 400 MW... →

Cold boxes being precooled in preparation for gas

By: Darren Parker 3rd May 2022 JSE-listed Renergen reported on May 3 that it was making “strong” progress in terms of the commissioning of Phase 1 of the Virginia gas project, which comprises exploration and production rights of 187 000 ha of gas fields across Welkom, Virginia and Theunissen, in the Free State. Cold boxes –... →

Diesel price to rise on Wednesday, but petrol price to decrease

By: Donna Slater 3rd May 2022 The price of both grades of petrol will decrease by 12c/ℓ on May 4, while 0.05% sulphur diesel will increase by 98 c/ℓ and 0.005% sulphur diesel will increase by 92c/ℓ. Illuminating paraffin will increase by 79.6 c/ℓ, while liquid petroleum gas will rise by 69c/kg. →

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