coal | Egypt Oil & Gas - Part 3
Morocco to Issue LNG Tenders, Moving Away from Coal Power
Morocco’s energy minister, Abdelkader Amara, said on Tuesday that his country expects to shortlist three companies for its new long-term contracts to LNG within the next two weeks, reported Reuters. Morocco is e... 1/3rd of South Africa’s Coal Miners Strike
South African coal miners began a strike after wage talks collapsed, disrupting the sector that produces the country’s electricity and exports coal to Europe and Asia, Reuters reported. The National Union of Min...
Sasol Riding South African Gas Procurement Wave
South Africa’s government is planning to launch a gas-to-power procurement programme in September, with bids expected in the first quarter of 2016, reported CNBC Africa. Involved in this process is South Africa&...
South Africa’s Sasol Reports Lower FY2015 Earnings and Dividends
South African Petrochemicals Company Sasol Limited today released full results for the year ending in June 2015, lowering its dividend after weaker oil prices hit earnings. The world’s top maker of motor fuel fr...
South Africa Inaugurates New Unit at Coal Power Plant
South Africa’s President Jacob Zuma inaugurated the new unit of a massive new coal-fired power plant situated north of Johannesburg recently. The expansion is well-needed as ongoing electricity woes have undermined ec...
South African Power-Coal Dispute Enters New Phase
In the latest developments concerning the Eskom-Gelcore dispute in South Africa, power supplier Eskom announced on Wednesday that it now insists on compensation from Glencore’s mining subsidiary Optimum, if it i...
South Valley Cement Invests EGP 200m to Shift to Coal
South Valley Cement Company (SVCE) is currently installing a coal mill that is scheduled to be finished by mid-2016, said General Manager Ahmed Ibrahim to Amwal al Ghad. The cost of the mill is about EGP 200m ($25.5m)...
South African Power Problems Besot Eskom
South African power firm Eskom has been struggling lately due to problems associated with both its nuclear and coal investments. According to Reuters, Eskom will pay an estimated 200 m rand ($15.6 m) for the supply of...
