Govt wants minimum stake in SA's oil and gas projects

2019-12-24 20:16

South Africa published a long-anticipated draft of oil and gas legislation that will give the state a 20% carried interest in exploration and production rights, with the aim of increasing development of the industry.

Total drills in world's fastest current in South African oil search

2019-03-26 07:12

Total SA’s discovery of South Africa’s first oil in deep water could prove to be a bonanza for a country lacking crude reserves of its own and prompt a rush from other majors.

Africa oil and gas sector gathers in Equatorial Guinea

2019-02-21 11:51

The African Petroleum Producers Organisation calls for unity, cooperation and reform amongst oil producers ahead of its Cape VII Congress and Exhibition.

Everything you need to know about South Africa's massive gas find

2019-02-15 06:15

The Brulpadda find should bring more tax revenue and a stronger rand.

So, what does industry really think of renewables?

2018-12-12 18:54

Business leaders said the Integrated Resource Plan provides a framework around which their can plan production and consumption of energy in a sustainable and cost effectively manner.

Trump administration: Conserving oil no longer an economic imperative for US

2018-08-19 16:07

Conserving oil is no longer an economic imperative for the US, the Trump administration declares in a major new policy statement.

BOOK EXCERPT: 'Big Barrels: African Oil and Gas and the Quest for Prosperity'

2018-02-12 11:09

In this excerpt, the co-authors NJ Ayuk and João Marques discuss the dilemma that many African countries have experienced when it comes to the extraction of natural resources.

Keep existing fiscal regime for oil and gas - Davis Tax Committee

2017-11-15 12:03

The Davis Tax Committee has recommended that Treasury keep the existing fiscal regime for oil and gas as it is well-established and efficient.

Glencore said to mull bid for Chevron's South Africa assets

2017-09-29 18:13

Glencore is among companies considering bidding for Chevron's South African assets, according to two people familiar with the matter.


Total at sample analysis phase of exploration at recent gas find

2019-06-13 10:18

Total's general manager for exploration and production in South Africa says 2D and 3D data capturing and fluid sampling at Brulpadda will enable a better understanding of other prospects within the block, as well as the next drilling targets.

Oil and gas find could help SA set up sovereign wealth fund, says Mantashe

2019-03-14 07:31

The offshore gas deposits at Brulpadda have the potential to offer SA independence, economic growth and jobs, says Mineral Resources Minister Gwede Mantashe.

Total offshore find fits with Operation Phakisa, says Cabinet

2019-02-15 19:31

During the 2019 Mining Indaba petroleum and gas giant Total announced that it found offshore gas deposits at it’s Brulpadda prospects in the Outeniqua basin, some 175km off the coast of South Africa.

What a major offshore gas find means for South Africa's energy future

2019-02-13 17:27

Many South African politicians, economists and specialists in the energy sector are celebrating the news that a promising show of natural gas has been discovered in deep water south of Mossel Bay. Is it a game changer?

Radebe: Invest in energy if you want other investments to survive

2018-11-06 20:08

Energy Minister Jeff Radebe has called for investment into SA's energy sector, saying investment in other sectors require it.

Siemens' gas sites in stoppage over falling demand

2018-05-08 11:33

German industrial conglomerate Siemens will shut down its power and gas sites for a week as it grapples with an "unprecedented downswing" in the market.

Competition Tribunal OKs Chevron SA/Sinopec deal

2018-03-09 18:59

The Competition Tribunal has approved with conditions a deal by Chinese state-owned oil company Sinopec to acquire a 75% stake in Chevron South Africa.

Sinopec commits to R6bn in investments if it wins Chevron SA bid

2018-01-11 19:05

Minister of Economic Development Ebrahim Patel says Chinese state-owned oil company Sinopec committed to invest some R6bn in South Africa if it succeeds in acquiring the assets of Chevron SA.

Colleen finds her edge in SA’s oil and gas sector

2017-10-24 19:39

There has been a notable rise in female entrepreneurs in South Africa even with the many obstacles they know they need to overcome.

French government to ban oil and gas exploration

2017-06-25 15:34

France is to stop granting new licences for oil and gas exploration on the mainland and in overseas territories, says Environment Minister Nicolas Hulot.

Traffic Alerts
There are new stories on the homepage. Click here to see them.


Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire network.