South Africa | Egypt Oil & Gas - Part 14

South Africa’s PetroSA Plans to Lay Off 40% of Workers

South Africa's state oil company PetroSA plans to reduce its workforce by up to 40% because of declining revenues and slow progress on its oil refinery project, Business Day newspaper reported on Monday.

Siemens Awarded Wind Power Project in South Africa

Siemens has secured another large wind power contract in South Africa with an order for 157 wind turbines for three projects in the South Africa province of Northern Cape.

South Africa To Build Infrastructure for Gas Imports

South Africa plans to build the infrastructure to import natural gas to supply electric turbines as the country deals with a shortage of power, the Department of Energy said.

South Africa’s Eskom Continues Second Day of Rolling Blackouts

South African power utility Eskom implemented a second day of “Stage 2” pervasive blackouts to ease the burden on the national grid, build up diesel supplies and gather water reserves in hydropower dams, reported Reu ...

Eskom Cancels Plans to Rotate Blackouts in South Africa

South Africa’s power utility canceled plans to start rotating power cuts on Tuesday morning after households and businesses reduced demand, minimizing strain on the grid.

South Africa’s Government Aids Troubled Energy Sector

South Africa’s government has identified assets to sell to help Eskom Holdings SOC Ltd. cover its funding gap, with the first cash injection of 10 billion rand ($870 million) expected by about June, Finance Minister ...

Tanzania, Mozambique Emerge as Africa’s New Frontiers

Africa's energy industry could boom in the coming years, with Mozambique and Tanzania set to emerge as new frontiers if they can attract enough badly needed investment, a report said recently.

Iran, South Africa to circumvent sanctions in oil trade

Iran and South Africa held talks in Tehran on Saturday to explore ways to circumvent the western sanctions on oil trade with the Islamic Republic, Mehr news agency reported.

Eni and PetroSA sign Memorandum of Understanding for co-operation in South Africa and abroad

Eni signed with South Africa's State-owned oil company PetroSA (Petroleum Oil and Gas Corporation of South Africa) a Memorandum of Understanding establishing mutual co-operation between the companies in the country a ...

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