In this week's edition we take a look at the Zuma effect, surprising ways the economy will change and deliver a sobering Covid-19 report card.
High level clouds. Warm.
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 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.
The African Petroleum Producers Organisation calls for unity, cooperation and reform amongst oil producers ahead of its Cape VII Congress and Exhibition.
The Brulpadda find should bring more tax revenue and a stronger rand.
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.
Conserving oil is no longer an economic imperative for the US, the Trump administration declares in a major new policy statement.
Statoil is no more. Say hello to Equinor.
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.
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 is among companies considering bidding for Chevron's South African assets, according to two people familiar with the matter.
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.
The offshore gas deposits at Brulpadda have the potential to offer SA independence, economic growth and jobs, says Mineral Resources Minister Gwede Mantashe.
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.
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?
Energy Minister Jeff Radebe has called for investment into SA's energy sector, saying investment in other sectors require it.
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.
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.
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.
There has been a notable rise in female entrepreneurs in South Africa even with the many obstacles they know they need to overcome.
France is to stop granting new licences for oil and gas exploration on the mainland and in overseas territories, says Environment Minister Nicolas Hulot.
Cape TownTumaini ConsultingR540 000.00 - R800 000.00 Per Year
Cape TownProfessional Career ServicesR10 000.00 - R12 000.00 Per Month
Western CapePlacement Point (Pty) Ltd
R 4 500 000
R 4 800 000
R 2 950 000
We subscribe to the Press Code.
You choose what you want
News24 on Android
Get the latest from News24 on your Android device.
Terms and Conditions
24.com Terms and Conditions - Updated April 2012
Creating your profile will enable you to submit photos and stories to get published on News24.
This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.