Starsight, SolarAfrica to merge and expand
Starsight Energy and SolarAfrica have set out a plan to merge and expand into new areas, particularly Francophone West Africa.
South Africa
Ramaphosa cuts trip short in face of Eskom outages
South African President Cyril Ramaphosa has cut short his foreign travels and hurried home as the load shedding crisis mounts.
Africa Oil sees progress looming in Nigeria, Kenya
Africa Oil (TSX:AOI) expects a number of developments in the next month or so, including the spud of the Gazania well, an extension to its licence in Nigeria and the signing of a Kenya deal.
South Africa energy group comes out against carbon price increase
Industrial groups in South Africa have voiced their commitment to an equitable transition, while calling for increased carbon prices to be pushed back to after 2035.
Mud slinging in South Africa over energy choices
South Africa needs new power generation, but just how additional supply should be delivered is a matter of much – and increasingly heated – debate.
TotalEnergies takes step toward production in South Africa
TotalEnergies has submitted an application to convert its exploration right offshore South Africa into a production right.
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.
South Africa court cancels Shell exploration licence
A South African court has cancelled an exploration right by Shell off the Wild Coast, in another blow to the country’s energy ambitions.
Japan signals African energy support at Tunis meeting
Japanese corporates have signed around 90 agreements with African investors at the recently concluded 8th Tokyo International Conference on African Development (TICAD) in Tunisia.
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.
Sasol posts major increase, to pay record dividend
Sasol has reported adjusted EBITDA up 48% for its financial year, ending on June 30.
Island Innovator heads south for Gazania work
The Island Innovator rig is on its way to South Africa, where it should begin drilling the Gazania-1 well by the end of September.
Ramaphosa paves way for power revolution
South African President Cyril Ramaphosa has set out a plan to tackle the country’s energy problems and seemingly winning support.
Going, going, gone: Mainstream, Actis strike Lekela sale deal
Mainstream Renewable Power and Actis have struck a deal to sell Lekela Power to Infinity Group and Africa Finance Corp. (AFC).
Sasol outage means all South African oil refineries are now shut
Sasol Ltd., South Africa’s largest fuel producer, declared force majeure on the supply of petroleum products due to delays in deliveries of crude to the Natref refinery it owns with TotalEnergies, leaving just a fraction of the country’s fuel-production capacity still operational.
Searcher relaunches seismic plans, as SA ponders energy future
Searcher Seismic has filed for a new application to shoot 3D seismic offshore South Africa, in what is set to be a new test for the country’s willingness to approve such work.
South Africa seeks input on fracking plans
South Africa has launched a consultation looking at regulations around onshore oil and gas development, using hydraulic fracturing.
South Africa’s power woes pile on diesel price pressure
South Africa’s government is facing increased opposition on the topic of fuel prices, driven by global demand but also by Eskom’s increased needs.
Eco continues acquisition spree with South Africa deal
Eco Atlantic Oil & Gas has struck a deal to buy another 6.25% stake in a South African block, while also raising $12.3 million.
ReconAfrica, critics slug it out ahead of return to drilling
The war of words between Reconnaissance Energy Africa (TSX-V: RECO) and various environmental critics shows no signs of abating as the company nears a return to drilling.
South Africa’s IDC comes in on Prieska green hydrogen plan
Prieska Power has struck a partnership with South Africa’s Industrial Development Corp. (IDC) to develop a green hydrogen project in Prieska Northern Cape.
Sobriety has the upper hand, for now, in exploration
A small group of deep-pocketed companies increasingly dominates exploration and, as yet, they are avoiding the boom-and-bust mentality of previous oil cycles.
Talking energy security, Namibian hydrogen eyes European role
Europe needs new sources of energy, particularly zero carbon energy, while Namibia offers abundant solar and wind. Can hydrogen bridge the gap, providing scope for both to prosper on the route to net zero?
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.
IHS sketches out development plans for Africa’s Atlantic discoveries
Major deepwater discoveries will require major project developments to commercialise, with gas playing a crucial role, analysts from IHS Markit have said during a recent webinar, in association with the African Energy Chamber.