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South Africa

Durban conference to discuss South Africa’s potential to build a strong gas economy

A conference taking place in Durban from 9-11 October is to welcome H.E. Honourable Mmamoloko Kubayi, Minister of Energy for South Africa alongside international partners along the value chain to explore South Africa’s aspirations to build an energy hub for gas cooperation. The International Gas Cooperation Summit (IGCS) (www.IGCS-SA.com) evolves from the ‘South Africa: Gas Options’ meetings held in Cape Town in 2015 & 2016.

Engen launches PETRONAS lubricants through rebranded Engen Oil Centre franchise

Engen Petroleum, a leading producer and marketer of a wide range of fuels, lubricants and oil based products, has rebranded its lubricants distribution business as Engen Oil Centre – marking its official launch of the PETRONAS Lubricants International (PLI) range in the market.

Leading South Africa B-BBEE petroleum company Masana brings on new investors to the table

Masana Petroleum Solutions has completed a transaction with a new Broad Based Black Economic Empowerment (B-BBEE) consortium that will see the new partners acquire a 35% stake in the business after two of its founding shareholders exercised their right to realise their value in the company.

Africa Oil & Power Breaks the Mold of Traditional Energy Conferences

The inaugural edition of the Africa Oil & Power conference (www.AfricaOilandPower.com) will be held June 6-7, 2016 at the Westin Hotel in Cape Town, South Africa. Endorsed by the Ministry of Mines, Industry and Energy of Equatorial Guinea and Hosted by Centurion Law Firm, Africa Oil & Power is an invitation-only event that strives to redefine energy conferences. It draws a premier crowd of ministers and senior level government officials and top executives of private sector companies spanning the entire value chain, including upstream, downstream, power generation and legal and finance.

Statoil to Explore Offshore South Africa

Statoil has completed a farm-in transaction with ExxonMobil Exploration and Production South Africa Limited (ExxonMobil), acquiring a 35 percent interest in the ER 12/3/154 Tugela South Exploration Right.
The remaining interests are held by the operator ExxonMobil (40%) and co-venturer Impact Africa Limited (Impact Africa) (25%). 

Competition Commission raids offices of Liquefied Petroleum Gas suppliers

Today, 14 October 2015, the Commission is conducting a search and seizure (dawn raid) operation at the premises of African Oxygen Limited, Oryx Oil South Africa (Pty) Ltd, EasiGas (Pty) Ltd and the Liquefied Petroleum Gas Safety Association of Southern Africa (LPG Association) in Gauteng and Kaya

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