South Africa | Egypt Oil & Gas - Part 3
Eskom Shuts Down South African Nuclear Unit for Maintenance
South Africa's Eskom shut down a unit of its Koeberg nuclear plant for scheduled maintenance work to refuel outage after a record of 492 days of uninterrupted run.
South Africa to Open Nuclear Tender in June
South Africa's Eskom will request proposals from companies bidding for the $72b nuclear expansion in June.
South Africa Endorses Shale Gas Development
The South African government has given the endorsement for shale gas development in its Karoo basin. While that is considered by experts a positive step, there are still opposing parties behind the shale exploration ...
South African Fuel Prices to Drop in Days
The Energy Department announced that the retail price of petrol and the wholesale price of diesel in South Africa will decrease starting April 5. Eskom, CDC Sign MoU for Nuclear Construction in S Africa
The South African power utility Eskom signed mid-March a Memorandum of Understanding (MoU) with the Coega Development Corporation (CDC) to support South Africa's nuclear new build program.
Sinopec Close to Buy Chevron’s Oil Assets in S Africa
China Petroleum and Chemical Corp. (Sinopec) is nearing a deal to buy Chevron's South African oil assets for up to $1b to secure its first major refinery on the continent.
Eskom’s Kusile Unit 1 Close to Commercial Operation in S Africa
South Africa's power utility Eskom announced that Kusile power station’s Unit 1 reached its full 800MW load-generating capacity early March after its initial synchronization in December 2016.
Sacoil Buys 71% Stake in South Africa’s Afric Oil Group
The stake is controlled indirectly and was secured by the acquisition of Phembani Oil, one of the largest independent fuel distributors in South Africa.
