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Oil & Gas

South African govt coffers could get over R8bn a year from TotalEnergies field – regulator
15th September 2022 By: Reuters

TotalEnergies' 11B/12B offshore field could make a direct annual contribution of at least R8-billion to South African government finances, the country's petroleum regulator said on Thursday. "That... 


Nigerian minister says plan to commercialise gas flaring at advanced stage
14th September 2022 By: Reuters

Nigeria's plan to commercialise gas burned from its oil fields was at an advanced stage and would help cut 15 million tonnes of carbon emissions from the atmosphere, the petroleum minister said on... 


A smelting operation
South African business formations make joint appeal for carbon-tax relief
13th September 2022 By: Terence Creamer

Several organised business formations have outlined six recommendations in a joint position statement on carbon tax, which they argue will improve the carbon tax proposals in the Taxation Laws... 


An image of Beka Schréder’s LEDNOVA luminaire
Luminaires best fit for refineries
9th September 2022 By: Leah Shelene Asaram

Leading manufacturer of luminaires Beka Schréder deems their luminaires as the best fit for zoned environments, such as oil refineries. “All products produced by Beka Schréder are locally... 


TotalEnergies lodges production licence for large SA find
6th September 2022 By: Reuters

TotalEnergies has lodged its production licence application for Block 11B/12B offshore of South Africa, the national petroleum regulator said on Tuesday, before a deadline expired which might have... 


Angola plans to sell stake in national oil firm Sonangol by 2027
2nd September 2022 By: Bloomberg

Angola plans to complete the sale of stakes in national oil company Sonangol EP and diamond firm Endiama within the next five years, according to the chairman of the government’s asset-management... 


Fitch Solutions says natural gas prices to remain volatile for remainder of this year
2nd September 2022 By: Marleny Arnoldi

Research agency Fitch Solutions Country Risk & Industry Research reports that European natural gas prices have fallen sharply from all-time-highs set just a week ago.   Both the Dutch Title... 


Energy economics institute says carbon capture is ‘unrealistic’ climate solution
1st September 2022 By: Schalk Burger

The Institute for Energy Economics and Financial Analysis (IEEFA) reports in its 'The Carbon Capture Crux – Lessons Learned' report that underperforming carbon capture projects considerably... 


A photo of community members protesting Shell's drilling plans
Court deals blow to Shell, sets aside Wild Coast exploration right
1st September 2022 By: News24Wire

A high court has set aside a decision by Minister of Mineral Resources and Energy Gwede Mantashe to grant Shell an exploration right, which would have allowed it to conduct a seismic survey off the... 


A photo of the damage done to Nigeria's environment as a result of oil spills
One of world’s most polluted spots gets worse as $1bn cleanup drags on
31st August 2022 By: Bloomberg

In the more than a quarter century since Shell left Ogoniland in southern Nigeria, oil has continued to ooze from dormant wellheads and active pipelines, leaving the 386-square mile kingdom’s... 


Nigeria seeking extra $410bn for energy transition plan including gas
25th August 2022 By: Reuters

Nigeria needs at least $10-billion in additional funding per year to reach net zero by 2060 in a plan that would involve gas as a transition fuel, officials said while launching the nation's energy... 


Petronas explores $3bn African upstream asset sale
24th August 2022 By: Bloomberg

Malaysian State oil company Petroliam Nasional has started inviting bids for its upstream assets in Africa, which could fetch as much as $3-billion, people with knowledge of the matter said.... 


Sasol CEO Fleetwood Grobler
Sasol prepares to ramp up decarbonisation capex from 2025
23rd August 2022 By: Terence Creamer

Energy and chemicals group Sasol expects to invest the bulk of the R15-billion to R25-billion it is budgeting to facilitate a 30% reduction in its carbon emissions by 2030 between 2025 and 2027,... 


Sasol's Secunda operation
Sasol warns carbon tax could prompt it to scale back operations
22nd August 2022 By: Bloomberg

Sasol, South Africa’s second-biggest greenhouse gas emitter, sees carbon taxes posing a “significant risk” to its business and warned current proposals could cause it to curtail operations and... 


SA 'confident' over TotalEnergies gas development plans
19th August 2022 By: Bloomberg

South Africa expects TotalEnergies to submit a production plan within weeks to use a prolific offshore gas discovery that will form a key part of increasing investment in the sector. Petroleum... 


Sasol HQ
Sasol delays 96% gas hike pending ‘engagements with Nersa’
18th August 2022 By: Terence Creamer

Sasol Gas has confirmed that it has delayed the implementation of a controversial 96% increase in the price of pipeline gas, which was initially announced as being effective from August 1. Had the... 


Wärtsilä to supply 18 MW of additional power capacity at Senegal gold mine
16th August 2022 By: Darren Parker

Technology group Wärtsilä will supply an 18 MW extension to the power generating facility and also upgrade the electrical and automation system of the existing power plant at gold producer... 


Soldiers operating in Mozambique
Amid energy crisis, EU plans to help gas-rich Mozambique boost security
16th August 2022 By: Reuters

The European Union (EU) is planning a five-fold increase in financial support to an African military mission in Mozambique, an internal EU document shows, as Islamist attacks threaten gas projects... 


CEF welcomes SFF’s 50% acquisition of BP Cape Town Terminal
15th August 2022 By: Tasneem Bulbulia

The State-owned Central Energy Fund (CEF) has welcomed the Competition Tribunal’s unconditional approval whereby its subsidiary the Strategic Fuel Fund (SFF) was given the go-ahead to acquire a 50%... 


New probe developed
12th August 2022

Japanese multinational electrical engineering and software company Yokogawa Electric Corporation has developed an explosion-proof version of its TDLS8200 probe type tunable diode laser... 


Nersa Logo
Nersa reiterates that it has not approved Sasol’s 96% gas hike
11th August 2022 By: Terence Creamer

The National Energy Regulator of South Africa (Nersa) says it has not approved an increase in the maximum price of pipeline gas to R133/GJ and insists that it “would not approve any increase which... 


A gas pipeline
Gas users call on regulator to intervene over ‘untenable’ 96% hike
10th August 2022 By: Terence Creamer

The Industrial Gas Users Association of Southern Africa (IGUA-SA) has described as “untenable” a 96% hike in the gas price by Sasol and has called on the energy regulator to intervene urgently to... 


Renergen, CEF one step further in advancing agreement for Virginia gas project
10th August 2022 By: Simone Liedtke

South Africa’s Central Energy Fund (CEF) has completed its due diligence on its R1-billion investment in emerging integrated energy producer Renergen’s Virginia gas project. Marking a major step... 


Nersa to review methodology for gas pricing
5th August 2022 By: Tasneem Bulbulia

Energy regulator the National Energy Regulator of South Africa (Nersa) says it has been alerted about concerns regarding the “imminent excessive increases” in gas prices that have been announced by... 


Tribunal approves SFF’s buyout of an interest in bpSA’s Cape Town Terminal
3rd August 2022 By: Tasneem Bulbulia

The Competition Tribunal has unconditionally approved the large merger whereby the Strategic Fuel Fund (SFF) intends to acquire an interest in the assets of bp Southern Africa’s (bpSA’s) Cape Town... 


Transnet Pipelines seeking partnership for LNG terminal in Richards Bay
29th July 2022 By: Tasneem Bulbulia

Transnet Pipelines (TPL), an operating division of Transnet, is participating in the planned Section 56 process for Request for Proposals (RFP) issued by Transnet National Ports Authority (TNPA).... 


Environmental ambiguities, inclusion of gas in new energy plan of concern for organisations
27th July 2022 By: Donna Slater

President Cyril Ramaphosa’s plan to arrest a degradation in the prevailing electricity generation deficit issue in South Africa has been welcomed by several organisations as a measure that took... 


Just Share says analysis shows Absa intends to continue financing fossil fuel projects
26th July 2022 By: Schalk Burger

Shareholder activist organisation Just Share has analysed financial services firm Absa’s recently published Coal Financing Standard and Oil and Gas Financing Standard, as well as Absa’s 2022... 


Natref supply partially restored, Sasol’s full-year production decreases
25th July 2022 By: Donna Slater

Chemicals and petrochemicals producer Sasol reports that crude oil supply has been partially restored from its majority-owned Sasolburg-based Natref refinery, after the company declared a force... 


Commission recommends approval of SFF’s buyout of 50% stake in Cape Town Terminal
22nd July 2022 By: Schalk Burger

The Competition Commission has recommended to the Competition Tribunal that it approve, without conditions, the State-owned Strategic Fuel Fund’s (SFF’s) acquisition of  a 50% interest in the Cape... 


An image of a Hyzon fuel truck
Company to pilot zero-emissions heavy duty hydrogen trucks
22nd July 2022

Industrial and specialty gases supplier Airgas has signed an agreement with zero-emissions hydrogen fuel cell powered commercial vehicles supplier Hyzon Motors to pilot two heavy duty hydrogen fuel... 


An image of Wika's building
New gauge assembly protects people and the environment
22nd July 2022 By: Mandisa Nyathi

Measuring instruments supplier Wika Instruments has launched its new Emission Control Gauge, referred to as the Emico gauge pressure measuring assembly, to ensure safety for people and the... 


Company looks to virgin fluorocarbon refrigerants and gases
22nd July 2022

A-Gas has continued to grow worldwide since it was founded 30 years ago, initially supplying only virgin fluorocarbon refrigerants. It has evolved to offer innovative sustainability solutions to... 


Africa needs all hands on deck to meet 2030 energy goals
15th July 2022 By: Schalk Burger

To achieve universal energy access by 2030, Africa will need a range of technologies and policy changes that open national grids to private participation, enable the establishment of microgrids and... 


Opec faces a near-impossible production task in 2023
15th July 2022 By: Bloomberg

Organisation of the Petroleum Exporting Countries (Opec) producers will need to pump crude at the fastest pace in five years in 2023 if they are to balance oil supply and demand. Capacity... 


Kibo waste-to-energy project PPA extended to 20 years
14th July 2022 By: Tasneem Bulbulia

Dual-listed Kibo Energy has extended its conditional take-or-pay Power Purchase Agreement (PPA), first announced in February, from the initial ten years to 20 years. The PPA outlines the... 


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