Renergen targets US IPO as it scales up gas plans
Phase 2 will cost $1.16 billion over the next three years, with the company aiming to reach commercial operations by 2026.
Renergen
South Africa begins producing LNG with Renergen start
South Africa has joined the club of LNG producing states as Renergen has started up its production facility at the Virginia gas project.
Panoro signs up for onshore South Africa exploration
Panoro Energy has taken a 100% stake in a South African licence, onshore in the Karoo Basin, citing gas – and helium – prospectivity.
Renergen celebrates $500mn DFC nibble
Renergen has signed an initial agreement with US International Development Finance Corp. (DFC) for a loan of up to $500 million.
South Africa’s CEF eyes stake in Renergen’s gas project
South Africa’s Central Energy Fund (CEF) is considering buying into Renergen’s Virginia gas project, paying 1 billion rand ($69 million) for a 10% stake.
Ivanhoe Mines takes Renergen stake, with eyes for more
Ivanhoe Mines is buying a minor stake in South Africa’s LNG and helium producer Renergen – with an option to scale up its involvement.
South Africa opens up Gas Master Plan
South Africa sees it as “imperative” to add more gas suppliers, in order to help develop the local sector.
Renergen rethinks well abandonment plan
Renergen’s P12 well has begun flowing gas, although at low levels, the company has reported.
South Africa hits Karoo gas
South African Minister of Mineral Resources and Energy Gwede Mantashe has raised the prospect of gas discoveries in the Karoo.
Time running out to finance African gas projects
Policies intended to tackle climate change are “closing doors on opportunities to allow poorer nations” to secure energy access, Renergen CEO Stefano Marani has said.
Saipem signs up to Renergen phase 2 study
Renergen has signed up Saipem, EPCM Holdings and Sproule for the second phase of the Virginia gas project, in South Africa’s Free State.
Renergen talks up helium-powered vaccine case
South African Renergen has devised the Cryo-Vacc, which allows vaccines to be transported at extremely low temperatures for up to 30 days without power.
Total signs on for Renergen distribution
Renergen has signed a deal on the distribution of its LNG through Total South Africa Proprietary’s service stations.
Room to run for Renergen
Renergen’s Virginia project in South Africa has some of the hallmarks of a classic small-scale gas production plan, but with the added wrinkle of a shift to helium.
Renergen chooses builder for South African LNG, helium plant
Renergen has appointed a Chinese company to carry out construction of a planned small-scale liquefaction plant in South Africa.