Latest News & Developments
Renergen reports a 22% increase in LNG production and the successful export of its first helium shipment, while navigating legal challenges and preparing for a Nasdaq IPO.
Explore how Saudi Aramco's advanced oil production technologies are not only revolutionising the energy sector but also driving economic growth in BRICS nations, addressing their unique energy challenges.
Transnet National Ports Authority has signed two significant Terminal Operator Agreements, paving the way for a 6,000 MW Gas-to-Power initiative in South Africa, enhancing energy security and economic growth.
Eskom remains at the heart of SA’s economic and fiscal challenges, as ongoing operational inefficiencies, financial instability, and structural vulnerabilities continue to pose significant risks.
The tender, awarded by PetroSA in November 2023 despite concerns about sanctions, was for Gazprombank to refurbish the gas-to-liquids refinery in Mossel Bay, which has been closed since 2020 due to depleted gas feedstock.
City of Joburg Mayor Dada Morero has indicated that the City is moving towards the restoration of Lillian Ngoyi Street, which was left devastated following a gas explosion in 2023.
BR had last week requested PetroSA for an update on the progress of this project because the transaction was controversial owing to the possibility of sanctions risk at the time of the tender award in January last year. In November, the US said that Gazprombank had become a sanctioned company. These sanctions extend to other Western countries such as Australia and Canada.
Thursday’s drop in the share price brings the slide over a 12-month period to over 66%, making it one of the worst performers on the JSE, even though the company’s management only days ago tried to address the volatility in price.
Russia accused Ukraine on Monday of launching a weekend drone attack on infrastructure of a major gas pipeline that carries Russian supplies to Europe via Turkey.
Shell, its partners QatarEnergy and Namco, discovered hydrocarbons in block PEL39 in 2022. This discovery, along with a second by TotalEnergies in a nearby block, sparked colossal global interest in this southern African nation that has no oil or gas production.
Russian President Vladimir Putin on Thursday scrapped the requirement for foreign buyers of Russian gas to pay through Gazprombank, after the firm was slapped with US sanctions last month.
Renergen is in a formidable position to move up the value-curve as Phase One nears first-production.
The African economic powerhouse is looking to join the likes of Argentina, Brazil and Iran, where millions of vehicles are powered by the alternative fuel.
‘One body was resurfaced and the pathology process is under way to verify the nationality and the time of his death. ’
Tensions simmer between developed and developing nations on climate financing at COP29.
At COP29, fossil fuel interests dominate the scene, eclipsing voices from climate-vulnerable nations in urgent calls for action.
At COP29, 480 lobbyists pushing controversial carbon capture technologies have access to negotiations, raising concerns over fossil fuel interests and their role in shaping climate policy.
Africa would do well to introduce more licensing rounds to explore this huge untapped potential, industry players said during a panel discussion African Energy Week.
Five people, including two young boys and three plumbing company workers, lost their lives in separate water-related tragedies across Gauteng this week, prompting major recovery operations by SAPS diving teams.
A legal dispute has emerged between JSE-listed Renergen and SOLA Group over land rights in the Free State, where SOLA's 150-megawatt Springbok Solar Power Plant development conflicts with Renergen's gas extraction rights. Both companies claim legal standing in a case that highlights the complexities of South Africa's energy transition
Donald Trump’s three-hour podcast with Joe Rogan stirred debate with repeated election fraud claims, tax proposals, and musings on life on Mars.
BRICS nations advance discussions on a shared currency, aiming to enhance economic sovereignty and reduce dependence on the US dollar.
With plans for gas-to-power plants and an LNG import terminal, RBIDZ has emerged as a key player in the country's transition to cleaner power
With plans for gas-to-power plants and an LNG import terminal, RBIDZ has emerged as a key player in the country's transition to cleaner power
THREE people were injured following a gas explosion at a restaurant in the Lions River area, in the KwaZulu-Natal Midlands, on Thursday.