COVID-19 has delayed South Africa’s plans for a new upstream bill and exploration drilling in Mozambique.
Sasol has signed up to Operation Clean Sweep (OCS), intended to prevent plastic waste from entering the sea.
Eskom and the Department of Mineral Resources and Energy (DMRE) have come out in support of the National Energy Regulator of South Africa’s (Nersa) plans to secure new power generation.
Few companies are paying down debt while staying bullish on exploration plans, but Africa Oil is an exception.
A conveyor belt has broken at the Medupi power plant, in South Africa, leading Eskom to warn that any further breakdowns would spark Stage 2 load shedding at short notice.
Shell has struck a deal to farm into Kosmos Energy’s portfolio offshore Sao Tome & Principe, Suriname, Namibia and South Africa.
The energy sector in Sub-Saharan Africa faces numerous challenges, but there is also an increasing sense of urgency and opportunity for the development of the industry on the continent.
Should the government stump up some of the cash it was going to pay out for decommissioning ahead of time, in order to get the ball rolling? Decom North Sea thinks so, although other opinions are available. At a time when the national debt is hitting record levels, and a number of sectors are calling for help, the government may not want to help out the oil and gas industry.
Eskom has announced Stage 4 load shedding as the power system struggles to keep up with cold weather-driven demand.
South African Mineral Resources and Energy Minister Gwede Mantashe has welcomed Odjfell Drilling’s Deepsea Stavanger to Cape Towin.
Sasol has warned that adjusted EBITDA is expected to decline by between 17% and 37% for the financial year.
Eskom has launched an attempt to recover cash lost to alleged corruption, which took place in 2015-16.
The coronavirus pandemic has taken its toll on the world, with lives lost and economies shrinking.
The Odjfell Deepsea Stavanger is on its way to South Africa, to drill more wells for Total.
UK investors are faced with a fundamental problem around solar, in that the sun does not shine that much.
Renergen has signed a deal on the distribution of its LNG through Total South Africa Proprietary’s service stations.
South Africa will merge the three subsidiaries of the Central Energy Fund (CEF) into one National Petroleum Company.
South Africa has “inadequate” stocks of diesel, an industry body has warned, as demand has accelerated beyond expectations with the easing of lockdown limitations.
Sasol has denied that it plans to sell off its downstream fuel retail business, saying that it was instead committed to expanding this work in South Africa.
South Africa’s state-owned Central Energy Fund is considering buying assets that have been put on the block by fuel and chemical maker Sasol as it seeks to restore itself to profitability.
Eskom has been instructed to halt work at a number of units at its Kendal power plant by the South African Department of Environment, Forestry and Fisheries (DEFF).
Qatar Petroleum (QP) has signed farm-in agreements with Total on two blocks offshore Cote d’Ivoire.
Africa Oil paid down $45.2 million of its debt during the first quarter, after receiving $87.5mn from its stake in three major Nigerian oilfields.
A fund owned by African Infrastructure Investment Managers (AIIM) has sold stakes in two South African renewables projects to another AIIM fund.
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.