An initiative is under way to accelerate the adoption by South African industrial firms of the international energy management standard ISO 50001, which is designed to help improve the performance of a company’s energy-intensive assets to support cost …
French energy major Total, which is leading the development of the $20-billion liquefied natural gas (LNG) megaproject in northern Mozambique, announced on Monday that it had signed a new security-related memorandum of understanding (MoU) with the gove…
Mozambique, Total agree to ‘Joint Task Force’ to help secure mega LNG project Read More »
The Department of Mineral Resources and Energy (DMRE) has formally initiated the much-anticipated procurement process for 2 000 MW of emergency power under its so-called Risk Mitigation Independent Power Producer Procurement Programme (RMIPPPP). The re…
DMRE launches procurement process for 2 000 MW of ‘dispatchable’ power Read More »
The head of Eskom’s Transmission division has outlined some of the progress being made to establish an Independent Transmission System Operator (ITSO) but has also warned that full separation will take time and will also require major policy, legislati…
The first formal meeting of the small multi-stakeholder working group set up to finalise South Africa’s Covid-19 economic recovery plan is expected to take place next week, with a preliminary planning meeting having taken place on Thursday afternoon. T…
High-level Nedlac working group on economic recovery begins meeting Read More »
The process of merging the State-owned entities of PetroSA, Igas and the Strategic Fuel Fund (SFF) into an “integrated national petroleum company” will formally begin on September 1, with six months having been set aside for the creation of a Newco tha…
Six months set aside for merger of CEF’s oil and gas subsidiaries into ‘Newco’ Read More »
Embattled chemicals and energy group Sasol aims to officially unveil its new-look strategy, dubbed Future Sasol, later this year. It has already indicated, however, that the plan will seek to reposition the 70-year-old company, built around a highly ca…
Sasol’s new-look strategy will seek to ‘reset’ group for low-carbon world Read More »
Debt-laden chemicals and energy group Sasol confirmed on Monday that it was preparing to execute a rights issue during the second half of its 2021 financial year, despite reporting that it was on track to deliver disposals of greater than $2-billion an…
Sasol will execute rights issue in 2021 calendar year as it refines ‘ticket size’ Read More »
The Council for Scientific and Industrial Research (CSIR) reported on Wednesday that load-shedding during 2020 had already surpassed that of 2019, which had hitherto been the country’s worst-ever year for load-shedding. In addition, it again warned tha…
Transnet CEO Portia Derby warned on Wednesday that the recovery from the Covid-19 pandemic in South Africa and the rest of Africa was likely to be negatively affected by still-subdued commodity prices and the serious deterioration in public finances ac…
Transnet CEO expects subdued commodity prices to weigh on recovery from Covid Read More »
