South Africa | Egypt Oil & Gas - Part 11

South Africa’s Power Plants to Shift Gears from Scandal

Anglo American Platinum Ltd. (Amplats) said it has started buying power from a venture that uses the heat generated by its smelters to produce electricity, reported Bloomberg. The company will source 4.3MW from the $1...

South Africa to Hold an International Conference on Renewables

South Africa will for the first time host the South African International Renewable Energy Conference (SAIREC) from 4 to 7 October in Cape Town, All Africa reported. The conference will be held under the theme: “...

South Africa to Build a Refinery for Iranian Crude

South Africa plans to build an oil refinery which will use Iranian crude, Deputy Oil Minister Thembisile Majola says, according to HispanTV. Majola informed state-owned PetroSA had agreed to help Tehran build a gas-to...

Sasol To Purchase Condensate in Mozambique

South Africa-based Sasol and its partners in Mozambique have signed an agreement with Petroleos de Mocambique (Petromoc) to purchase condensate from the latter. The country’s state-owned distributor of petroleum produ...

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...

Iran, South Africa To Improve Petchem Relations

A delegation from the Iranian Ministry of Petroleum will visit South Africa in Octubre to discuss improving mutual relations, Deputy Oil Minister in Petrochemicals Abbas Sheri Moqaddam said, SHANA news agency reported...

Mozambique Attracting Oil, Gas, LNG Investments from Far and Wide

South Africa’s Sasol Ltd. has a two-pronged strategy on behalf of Mozambique, it seems. It hopes to become the first commercial oil producer in the country and wants to extend an existing gas pipeline that will ...

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 Africa to Transfer Critical Technology and Mediate Investors, if Iran Sanctions Lifted

According to Tansim News Agency, South Africa has formally announced its readiness to resume crude imports from Iran, once sanctions were fully lifted. South Africa’s Deputy Energy Minister Thembisile Majola made thes...

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