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Issue 211 - 21 June 2011

Eni in PetroSA tie-up

Subscriber

Italy’s Eni has signed a memorandum of understanding (MoU) with state oil and gas company PetroSA, establishing co-operation between the companies both inside and outside South Africa.

South Africa
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The African Development Bank (AfDB) is leading a $365m financing package to support Eskom’s effort to build a significant renewables component into its multi-billion dollar development programme

South Africa
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ANGOLA: Cobalt pre-salt plans; GABON: Dussafu drilling; SOUTH AFRICA: Shale gas exploration halt in Karoo; TANZANIA: BG contracts new rig

Angola | Gabon | Tanzania | South Africa
Issue 208 - 07 May 2011

Riversdale woos Benga partners

Subscriber

Australia’s Riversdale Mining is in talks with a consortium of strategic equity partners who will take equity in the 600MW first phase of the Benga power project in Tete Province and assume full development and operational responsibility for it.

Mozambique | South Africa
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Soaring crude prices – coupled with more realistic expectations – have improved conditions for African biofuels projects, writes François Misser

Mozambique | Malawi | Zimbabwe | South Africa | Mali
Issue 205 - 18 March 2011

SacOil gears up for AIM listing

Subscriber

SacOil is currently one of only three oil and gas companies listed on the Johannesburg Stock Exchange, alongside petrochemicals giant Sasol and Nigeria’s Oando; it is the only pure exploration play. Chief executive Robin Vela told African Energy

South Africa
Issue 205 - 18 March 2011

BP expands storage facility

Subscriber

BP has announced the completion of a R140m ($20m) expansion of its Pretoria fuel storage facility to ensure security of supply in inland South Africa. The company held a ceremony to open a new rail loading and offloading gantry described as one of the largest in Africa.

South Africa
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Fresh support from the South African government has strengthened the borrowing leverage of power parastatal Eskom, as it seeks to maintain its building programme, writes Kevin Godier. Just weeks after South Africa’s Eskom successfully tapped a $1.75bn bond from global investors, Pretoria announced on 15 February that it would support Eskom’s R549bn ($78.9bn) build programme up to 2017 with a R350bn guarantee framework

South Africa
Issue 204 - 04 March 2011

Shale gas controversy

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Energy minister Elizabeth Dipuo Peters sought to counter the criticism of shale gas exploration in the Karoo region during a 24 February media briefing in parliament – despite the issue of a Government Notice on 1 February by the Department of Mineral Resources declaring a moratorium on any new technical co-operation agreement, exploration or reconnaissance permits in the Karoo.

South Africa
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Power barge heads for Luanda; Official confident on Lom Pangar HEP despite lack of funds; Songo Songo expansion waits on tariffs, financing; Share placing for South African start-up

Cameroon | Angola | Tanzania | South Africa
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The government is pushing its plan to build a world-scale solar power plant, to use concentrated solar power technology at a site in Northern Cape (AE 196/10).

South Africa
Issue 204 - 04 March 2011

Natref contract for Kentz

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European Union sanctions on outgoing president Laurent Gbagbo have hit crude supplies to Abidjan’s 80,000 b/d Société Ivoirienne de Raffinage oil refinery, which is working at a “minimum” level, according to a spokesman. On 28 February, the government banned the filling of jerrycans at petrol stations, in a bid to prevent fuel hoarding.

South Africa
Subscriber

China to fund Gabonese grid upgrade; Touré inaugurates thermo-solar plant; ABB wins Moroccan substations order; juwi opens Stellenbosch office; Uganda biomass project

Uganda | Gabon | Morocco | South Africa | Mali
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Royal Dutch Shell and BP have offered the South African government a stake in the jointly owned Sapref refinery in Durban, according to reports from Johannesburg.

South Africa
Issue 201 - 21 January 2011

The South Sudan Electricity Corporation

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According to the draft bill on the incorporation of the South Sudan Electricity Corporation (SSEC), seen by African Energy, the state company will be responsible for the expansion, management and operation of the electricity grid, the development of generation and transmission capacity and the sale in bulk of “quality, reliable and cost-effective electricity” to distributors in South Sudan.

South Africa