While still in the process of reviewing the Department of Mineral Resources and Energy’s revised budget for the 2020/21 financial year, the Portfolio Committee on Mineral Resources and Energy has noted its revision to R7.8-billion, from R9.3-billion pr…
Committee concerned about impact of new budget on electrification backlog target Read More »
NYSE-listed industrial gases multinational Air Products and industrial technology multinational thyssenkrupp on July 5 announced that they had signed an exclusive strategic cooperation agreement to develop world-scale electrolysis plants to generate gr…
Air Products and thyssenkrupp sign green hydrogen agreement Read More »
South African petrochemicals giant Sasol has opted to give up its licence to explore for gas off the Mozambique coast, the company said on Sunday. "Sasol will return Block 16/19 in its entirety to the Government of Mozambique. To this end, a withdr…
Sasol gives up licence to seek offshore gas in Mozambique Read More »
The government official said over 1,000 companies have expressed interest. But the process is also being challenged from different fronts.
India’s Coal Minister says mine auction yielding positive results Read More »
The lower house of parliament has passed a bill on the country’s exit from coal as a power source to meet climate targets.
Germany’s plan to exit coal by 2038 becomes law Read More »
Coal-based electricity generation has fallen to its lowest level in the US, representing a 23.5%…
US coal-based generation to be outplayed by renewables in 2020: GlobalData Read More »
South Africa’s indebted power utility Eskom Holdings plans to issue a R1-billion sukuk bond as it tries to diversify funding sources to reduce borrowing costs. Eskom has appointed a lead arranger “to work towards establishing time lines for the issue,”…
Eskom widens its funding search to sukuk market Read More »
JSE-listed Kibo Energy has signed a binding term sheet with an investment consortium consisting of several high net worth entities and individuals, including two of the company’s largest shareholders, for up to £1-million. The £1-million will be used t…
Kibo secures £1m funding facility Read More »
Is it the pandemic we had to have?
Mining’s evolving role in a post covid-19 world Read More »
The world’s largest miner has hired Macquarie Bank and JP Morgan to sell its Mt Arthur thermal coal mine in NSW>
BHP to sell Australian thermal coal mine Read More »
