South Africa | Egypt Oil & Gas - Part 9
Africa Energy to Acquire 90% Interest in South African Block
Africa Energy Corporation (AEC), a Canada-based exploration company - formerly known as Horn Petroleum Corporation, will acquire a 90% working interest and operatorship in Block 2B offshore South Africa.
Eskom Loses 220MW of Power Imports from Mozambique
South Africa's Eskom informed that it had lost 220MW of power imports from Mozambique due to a technical fault on one of the eight converters at Apollo substation in Midrand.
Sasol’s Executives Earnings Debated
South African Sasol group’s annual general meeting (AGM) was shaken with a decision issued by the remuneration committee to change the key performance indicators (KPIs) for executives, in a year when company earnings ... Sasol’s $210m Gas Pipeline Investment in Mozambique
Sasol to build a new gas pipeline in Mozambique worth $210m by 2017 to meet a growing demand by an increase to 212m gigajoules per year.
South Africa Finds Power Stability Thanks to Renewables
An additional 43 IPP projects with a total capacity of 2.147 MW of which 2.021 MW are in commercial operation and 334 MW from the Department of Energy's Dedisa IPP project have been connected.
Cow Dung Powers BMW in South Africa Amidst Blackouts
One of the top customers for South Africa’s Bio2Watt power plant is German car manufacturer BMW in Pretoria.
South Africa Eskom Celebrates 100 Days Without Load Shedding
"While the system remains tight, we will continue with maintenance with no or limited load shedding," Group Chief Executive Brian Molefe said.
South Africa to Discuss Oil Refinery with Iran
South Africa is considering building an oil refinery that will process Iranian crude to bolster its petrol supply and reduce its dependence on foreign companies.
