South Africa's SacOil Holdings has ended its joint venture with Nigeria's Nigdel United Oil Company and abandoned its oil licence in that country as softer oil prices forced the firm to cut costs.
South Africa is considering either partially privatising state-owned utility Eskom or putting up some of its assets for sale in order to secure funding for the power producer and resolve an energy crisis, the Treasur ...
An Iranian Petroleum Ministry official says South Africa seeks to ink memorandums of understanding (MoUs) with the Islamic Republic in different energy sectors.
South African power utility Eskom said on Monday its first large-scale renewable energy plant, the 100 megawatt Sere Wind Farm, was fully operational and injecting much-needed electricity into the constrained grid.
Production at the 172,000 barrels per day Sapref refinery, South Africa's largest and co-owned by BP and Shell, is normal following a pipeline fire that was extinguished on Saturday morning, a spokeswoman said.
South African power utility Eskom expanded rolling blackouts for a second straight day to the "Stage Three" level on Wednesday, meaning it needs to cut 4,000 megawatts from household and industrial consumers to preve ...
Zola Tsotsi will leave his post as chairman of Eskom Holdings SOC Ltd., the state utility that’s struggling to keep South Africa supplied with power, after a dispute over the suspension of four managers including the ...
Chairman of the Industrial Development Authority Ismail Gaber stressed keenness of the Ministry of Industry on strengthening relations with South Africa at bilateral and regional levels.
Major oil companies are scrambling to cut costs as global oil prices plummet. Sasol, South Africa’s petrochemicals giant, is the latest to roll out its aggressive savings plan, involving potentially thousands of job ...
Damascus - Minister of Petroleum and Mineral Resources Suleiman Abbas and South African ambassador in Damascus Shaun Byneveldt discussed cooperation in the fields of oil, gas and mineral resources' investment.