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Oil & Gas News

Air Products acquires EWN&S

By: Tasneem Bulbulia 15th August 2023 Gas supplier and manufacturer Air Products South Africa and its subsidiary Weldamax have strengthened their gas and welding portfolio through the acquisition of a controlling interest in EWN&S. EWN&S and Weldamax were formerly independent distributors of Air Products’ industrial gases, as well... →

Dr Tshepo Mokoka appointed PASA acting CEO

By: Creamer Media Reporter 3rd August 2023 Dr Tshepo Mokoka has been appointed acting CEO of the Petroleum Agency South Africa (PASA), effective August 1. For several years, Mokoka has been an integral part of PASA’s oversight body, the Central Energy Fund (CEF). →

bp Southern Africa announces new mobility, convenience GM

By: Darren Parker 1st August 2023 Petroleum company bp Southern Africa (bpSA) has announced the appointment of Nokwanda Khumalo as the company’s new mobility and convenience GM, effective September 1. Khumalo has joined bpSA during a period of considerable disruption as the company develops new ways of doing business to become... →

Upcoming bpSA mobility and convenience GM Nokwanda Khumalo

In appeal against air-quality decision, Sasol again makes case for load-based emission limit

By: Terence Creamer 1st August 2023 Energy and chemicals group Sasol has moved to formally appeal a decision of the National Air Quality Officer (NAQO) to decline its application to have its Secunda boilers regulated using a load-based emission limit for sulphur dioxide (SO2) rather than the prevailing concentration-based emissions... →

The Secunda complex

Sasol Gas to continue engaging Nersa over gas prices

By: Tasneem Bulbulia 21st July 2023 Energy company Sasol Gas says it does not agree with the preliminary conclusion by regulatory authority the National Energy Regulator of South Africa (Nersa) that the maximum price of R120/GJ for full-year 2023 applied for by Sasol is excessive. The company maintains that, apart from operational... →

EU electricity demand expected to reach two-decade low

By: Darren Parker 19th July 2023 The International Energy Agency (IEA) has said the European Union (EU) is likely to experience a decline in electricity demand to the lowest level in two decades. However, the expansion of renewable energy sources in 2024 is deemed more crucial than ever owing to the expected sharp rise in global... →

Closer dialogue between producers, consumers needed to ensure security of gas supply

By: Schalk Burger 18th July 2023 The global energy crisis sparked by Russia’s invasion of Ukraine in February 2022 has transformed the structure of natural gas markets, necessitating closer dialogue between producers and consumers to ensure both short- and longer-term security of supply, as well as to reduce emissions, the... →

Astron Energy rebrands one-hundredth site in South Africa

By: Cameron Mackay 17th July 2023 Petroleum products supplier Astron Energy has marked the rebrand of its one-hundreth service station in South Africa as part of the company’s mammoth project to rebrand its network from Caltex to Astron Energy. The latest service station to have been rebranded is Astron Energy Greenways in... →

The rebrand is part of Astron Energy’s 100th service station as part of the company’s project to rebrand its network from Caltex to Astron Energy

Afreximbank disburses $120m to Kenyan investment development firm

By: Darren Parker 17th July 2023 The African Export-Import Bank (Afreximbank) in Nairobi has announced the disbursement of a $120-million financing facility to Djibouti’s Great Horn Investment Holding (GHIH) for the execution of a series of development projects in Djibouti’s Damerjog Industrial Development Free Trade Zone.... →

Air Products expects startup of Northern Cape solar farm by mid-2025

By: Marleny Arnoldi 14th July 2023 Industrial and specialty gas company Air Products South Africa has confirmed that it expects a solar plant to supply electricity to its air separation units (ASUs) to start generating electricity by the second quarter of 2025. The company earlier this week announced that it would procure up to... →

Air Products South Africa secures renewable power for its ASUs in landmark wheeling agreement

By: Marleny Arnoldi 13th July 2023 Industrial and specialty gas company Air Products South Africa has concluded a power purchase and wheeling agreement with wind and solar power developer Mulilo Renewable Project Developments, which will result in the companies jointly owning a solar farm in the Northern Cape. Under the terms of... →

Air Products MD Rob Richardson

Commission refers excessive pricing complaint against Sasol Gas to Tribunal

By: Schalk Burger 11th July 2023 The Competition Commission has referred a complaint of excessive pricing of natural piped gas against Sasol Gas to the Competition Tribunal. “The commission found that Sasol Gas extracted mark-ups of up to 72%. The excessive pricing has continued for almost a decade and is ongoing,” it said. →

Paratus, Ceragon sign multi-year partnership in Angola, Mozambique and Namibia

By: Schalk Burger 10th July 2023 Telecommunications and network company Paratus and wireless communications company Ceragon Networks have signed a multi-year agreement to provide high-capacity wireless offshore communication solutions to the oil and gas industry in Angola, Mozambique and Namibia. The agreement effectively... →

Petrol prices to drop, but diesel prices will rise

By: Darren Parker 3rd July 2023 The price of 93 unleaded petroleum (ULP) and leaded replacement petrol (LRP) will drop by 24 c/ℓ on July 5, while 95 ULP and LRP will come down by 17 c/ℓ, according to a statement issued by Mineral Resources and Energy Minister Gwede Mantashe on July 3. The illuminating paraffin price will also... →

EWSETA, Chieta collaborate to advance women, youth in the green hydrogen economy

By: Cameron Mackay 3rd July 2023 Education and skills development initiatives the Energy and Water Sector Education and Training Authority (EWSETA) and the Chemical Industries Education and Training Authority (Chieta) on June 30 announced a partnership to drive skills development, innovation and inclusive growth in local the... →

Chieta CEO Yershen Pillay and EWSETA CEO Mpho Mookapele

Tribunal dismisses price fixing cartel case against five LPG firms

By: Tasneem Bulbulia 30th June 2023 The Competition Tribunal has dismissed a case of alleged price fixing against five liquefied petroleum gas (LPG) firms accused by the Competition Commission of having contravened Section 4(1)(b)(i) of the Competition Act by fixing the deposit fee charged to first time buyers of LPG in cylinders... →

Renergen secures $500m loan for Phase 2 of Virginia gas project

By: Simone Liedtke 26th June 2023 Green energy supplier Renergen has marked another significant milestone for Phase 2 of its Virginia gas project, through the completion of a notification process by the US International Development Finance Corporation (IDFC) to the US Congress of a commitment to provide a $500-million loan to... →

Renewables growth did not dent fossil fuel dominance in 2022, report says

By: Reuters 26th June 2023 Global energy demand rose 1% last year and record renewables growth did nothing to shift the dominance of fossil fuels, which still accounted for 82% of supply, the industry's Statistical Review of World Energy report said on Monday. Last year was marked by turmoil in the energy markets after... →

Natural gas presents clean, reliable low-carbon energy for Africa's development

By: Schalk Burger 23rd June 2023 Natural gas can provide Africa with a means of dramatically increasing the amount of energy available on the continent with significantly lower levels of greenhouse-gas emissions and pollution than other fossil fuels. About 600-million people in Africa do not have access to reliable electricity... →

Growth in global oil demand set to slow significantly by 2028, report shows

By: Tasneem Bulbulia 14th June 2023 Growth in the world’s demand for oil is set to slow in the coming years, with the high prices and security of supply concerns highlighted by the global energy crisis hastening the shift towards cleaner energy technologies, a new report released by global energy authority the International Energy... →

Renergen’s shares rise on Phase 2 funding deal

By: Creamer Media Reporter 7th June 2023 Natural gas and helium producer Renergen’s JSE-listed share price rose by more than 11% on June 7 after the company announced progress in securing funds for the construction of Phase 2 of its Virginia gas project in South Africa’s Free State province. Renergen has received approval from the US... →

Renergen CEO Stefano Marani

Coega reports significant progress on oil tank project

By: Darren Parker 6th June 2023 The Coega Development Corporation (CDC) says significant progress has been achieved on carbon black supplier Orion Engineered Carbon's (OEC's) oil tank project. Carbon black has numerous industrial applications, including the production of rubber tyres, inks, dyes and paints, besides others. →

New breakthrough for defence company

26th May 2023 Defence and manufacturing company Airbus Defence and Space and its wholly-owned subsidiary Airbus UpNext, have achieved in-flight autonomous guidance and control of a drone using an A310 MRTT. In this first step towards Autonomous Formation Flight and Autonomous Air-to-Air refuelling (A4R), the... →

Two aircrafts close to one another preparing to refuel

REVOLUTIONARY REFUEL Airbus boast its new in-flight autonomous guidance and control of a drone using an A310 MRTT for refueling mid air

Property owners view rapid solar roll-out as key to navigating loadshedding crisis

By: Tasneem Bulbulia 26th May 2023 As the energy crisis in the country incrementally worsens, the ramifications are considerable for property owners, who are having to resort to various options to limit the impact of prolonged periods of outages, future-proof their assets and ensure business continuity. However, this is not enough... →

Rare shipment of US oil heads to South Africa for Glencore refinery

By: Reuters 22nd May 2023 A shipment of US oil is headed to South Africa for the first time in two years and destined for a Glencore-owned refinery in Cape Town that has restarted operations after an explosion shuttered it in 2020, according to ship tracking data and a source. US oil exports this year hit a record 4.5... →

IGUA-SA welcomes interdict ordering Sasol Gas not to increase prices for six months

By: Schalk Burger 19th May 2023 Industry association the Industrial Gas Users of South Africa (IGUA-SA) has welcomed the Competition Tribunal's order that energy and chemicals company Sasol be interdicted from increasing its current gas prices above R68.39/GJ. IGUA-SA brought the interim relief application before the Tribunal... →

Tribunal interdicts Sasol Gas from increasing its prices for six months

By: Creamer Media Reporter 18th May 2023 The Competition Tribunal has granted an interim relief application brought by the Industrial Gas Users’ Association of Southern Africa (IGUA-SA), interdicting Sasol Gas from increasing the price of piped natural gas above R68.39/GJ for the next six months. Natural gas is an essential input for... →

South Africa needs oil, gas, nuclear, as well as renewables – Mantashe

By: Rebecca Campbell 17th May 2023 Delivering the keynote address at the Enlit Africa conference in Cape Town on Wednesday, South African Mineral Resources and Energy Minister Gwede Mantashe reported that the current moratorium on the development of the country’s shale gas resources would be lifted. Any subsequent Court challenges... →

Mineral Resources and Energy Minister Gwede Mantashe

TNPA seeking LPG terminal developer, operator for the Port of Cape Town

By: Tasneem Bulbulia 9th May 2023 Transnet National Ports Authority (TNPA) is calling on interested parties to respond to a request for proposals (RFP) for a suitable terminal operator to finance, design, build and operate a terminal, as well as the common user infrastructure, for the handling of liquid petroleum gas (LPG) at the... →

Biggest African bank cites energy needs in fossil fuel defense

By: Bloomberg 9th May 2023 Standard Bank Group, Africa’s biggest lender by assets, defended it’s investment in fossil-fuel projects, saying tthe continent’s energy needs have to be balanced with climate concerns. The Johannesburg-based bank’s exposure to coal mining, oil and gas and power generation from fossil fuels rose... →

TotalEnergies signs agreement to develop Kwanza basin blocks 20 and 21 in Angola

By: Schalk Burger 3rd May 2023 The Angolan Agência Nacional de Petróleo, Gás e Biocombustíveis (ANPG), Sonangol Pesquisa e Produção and diversified energy subsidiary TotalEnergies EP Angola have signed a heads of agreement related to the future development of the Cameia and Golfinho fields, located on Blocks 20 and 21 in the... →

Industry challenges need to be addressed

By: Sabrina Jardim 28th April 2023 The successful establishment of a natural gas economy in South Africa – which has significant gas resources – requires the addressing of associated challenges and the implementation of policies that promote investment in the sector, says research and strategy firm Birguid senior associate... →

An image depicting wooden cubes stacked on top of one another engraved with circular economy symbols

Photo by Adobe Stock
FIRST THINGS FIRST Notwithstanding the potential economic benefits, establishing a local gas economy requires a stable, predictable regulatory framework

Successful project promotes local gas economy

By: Sabrina Jardim 28th April 2023 With Phase 1 of the Virginia gas project – in the Free-State – having been a watershed for South Africa’s gas economy, Phase 2 of the project is expected to catapult South Africa to becoming one of the largest helium-supplying countries globally, amid a global shortage of helium. Pioneered by... →

An image depicting the Virginia gas project

COMING SOON… Construction of Phase 2 will be completed in 2025/6 and is expected to produce about 11.7-million gigajoules of LNG yearly

Local gas projects support gas economy

By: Sabrina Jardim 28th April 2023 South Africa’s significant natural gas reserves and extensive gas infrastructure exemplify the country’s potential to develop a natural gas industry, says research and strategy firm Birguid senior associate Patience Panashe. She says this potential is made visible in various local gas projects,... →

An image depicting a smiling woman, Patience Panashe

PATIENCE PANASHE South Africa’s significant natural gas reserves and extensive gas infrastructure exemplify the country’s potential to develop a natural gas industry, which is made more notable in various local gas projects

Patented technology improves sustainability of plant

28th April 2023 Water treatment solutions provider Veolia Water Technologies’ patented solutions for wastewater treatment and biogas production are now in service at dairy company Pınar Süt’s factory in İzmir, Türkiye. This allows the company to meet new discharge legislation and achieve its environmental... →

South Africa grants permit for offshore oil exploration study

By: Bloomberg 26th April 2023 South Africa granted an environmental permit for exploration activity in the Orange Basin off the nation’s west coast, adding to other work planned offshore. The area, which includes blocks licensed by TotalEnergies and Africa Oil Corp, received the authorisation from the Department of Mineral... →

Congo’s landlocked oil lacks options as Total says pipeline full

By: Bloomberg 24th April 2023 The Democratic Republic of Congo’s vision of earning billions of dollars in revenue from dozens of landlocked oil blocks will remain distant without a connection to a lone export route to be operated by TotalEnergies. Over the last decade, Congo has watched eastern neighbor Uganda discover and... →

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