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Oil & Gas

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... 


BME image
BME expanding used oil initiative
13th July 2022

Omnia Group company BME is bolstering its sustainability initiative of incorporating used oil into its emulsion explosives. Tasneem Bulbulia tells us more. 


Proposed regulations for fracking published for public consultation
13th July 2022 By: Tasneem Bulbulia

Proposed regulations pertaining to the exploration and production of onshore oil and gas requiring hydraulic fracturing, or fracking, have been published for public consultation. Also published for... 


The global energy crisis may get worse, IEA’s Birol warns
The global energy crisis may get worse, IEA’s Birol warns
12th July 2022 By: Bloomberg

A global squeeze on energy supply that’s triggered crippling shortages and sent power and fuel prices surging may get worse, according to the head of the International Energy Agency. “The world has... 


Renergen achieves gas-to-plant milestone at Virginia project
11th July 2022 By: Simone Liedtke

Emerging integrated energy producer Renergen has achieved the natural gas to plant milestone at its Virginia project, in South Africa’s Free State province. Gas to plant was achieved on July 8 and... 


Global natural gas demand set for slow growth in coming years, IEA report shows
5th July 2022 By: Tasneem Bulbulia

Global natural gas consumption is expected to contract slightly this year and grow slowly over the following three years as Russia’s war in Ukraine pushes up prices and fuels fears of further... 


An image of renewables and hydrogen infrastructure
EU plans hydrogen deal with Namibia as it pulls away from Russian energy
4th July 2022 By: Reuters

The European Union (EU) is planning a deal with Namibia to support the country's nascent green hydrogen sector and boost its own imports of the fuel, EU and Namibian officials said, as the bloc... 


Fuel prices to surge to new record, as general levy relief is trimmed to 75c/l
Fuel prices to surge to new record, as general levy relief is trimmed to 75c/l
4th July 2022 By: Terence Creamer

As feared, Mineral Resources and Energy Minister Gwede Mantashe has announced big fuel price increases for implementation on July 6. Despite calls ahead of the announcement for the temporary... 


Renewable power costs rise, just not as much as fossil fuels
1st July 2022 By: Bloomberg

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... 


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


Renergen strikes new gas blower named Gandalf, making progress on plant
30th June 2022 By: Schalk Burger

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... 


G7 to allow fossil-fuel financing if climate pledges are kept
28th June 2022 By: Bloomberg

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... 


GreenYellow secures contracts with Retailability, PPC Cement in South Africa
24th June 2022 By: Schalk Burger

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... 


Hyve Group opens Johannesburg office
21st June 2022 By: Donna Slater

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.... 


PASA welcomes recognition of natural gas’ role in Africa’s energy transition
21st June 2022 By: Tasneem Bulbulia

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... 


‘Jackpot’ oil discoveries may help Namibia double GDP by 2040
21st June 2022 By: Bloomberg

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... 


An image of an engineer at an oil and gas processing plant
Gas can meet commercial and industrial energy needs
17th June 2022 By: Nadine Ramdass

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... 


An image of maintenance of Gas-to-power equipment
Increased interest in gas-powered generators
17th June 2022 By: Nadine Ramdass

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... 


Beheadings show Islamist peril persists for Total in Mozambique
Beheadings show Islamist peril persists for Total in Mozambique
16th June 2022 By: Bloomberg

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'... 


South Africa should consider Russian crude imports, Mantashe says
16th June 2022 By: Reuters

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... 


PCC executive director Dr Crispian Olver
Climate Commission sets sights on energy mix as it wraps up work on just transition framework
14th June 2022 By: Terence Creamer

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.... 


Solar and wind generators
New report outlines strategy for ending load-shedding by early 2024, but delivery hinges on ‘substantial political will’
13th June 2022 By: Terence Creamer

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... 


African oil, gas producers can help to create an inclusive energy transition, says McKinsey
10th June 2022 By: Marleny Arnoldi

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... 


An image of Jacob Mbele, newly appointed director-general of the Department of Mineral Resources and Energy
Committee welcomes appointment of Jacob Mbele as DMRE director-general
10th June 2022 By: Tasneem Bulbulia

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... 


An image of a man fixing a boiler
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. 


Congo’s oil block sale threatens carbon sinks, forest pact
8th June 2022 By: Bloomberg

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... 


Renergen nears financing close for Virginia gas’ Phase 2
6th June 2022 By: Marleny Arnoldi

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... 


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... 


Magazine cover image
Renergen says gas project can catalyse Free State manufacturing revival
3rd June 2022 By: Simone Liedtke

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... 


Minister of Mineral Resources and Energy Gwede Mantashe
Shell, Mantashe's lawyers defend environmental plan for seismic blasting
1st June 2022 By: News24Wire

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... 


Oil powers to sixth monthly gain as EU set to curb Russian flows
31st May 2022 By: Bloomberg

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... 


OEC CE Corning Painter
CDC, Orion Engineered Carbons celebrate sod turning festival at Coega SEZ
30th May 2022 By: Darren Parker

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... 


Shell court case prompts climate protest in Cape Town
30th May 2022 By: Bloomberg

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... 


Low oil output barely enough to cover petrol imports – Nigeria FinMin
27th May 2022 By: Reuters

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... 


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