Glencore Plc, the mining and commodity trading giant, agreed to supply coal to a Japanese customer at one of the highest prices ever paid by the nation, threatening to further …
Energy
- BusinessEnergyGlobal NewsSouth AfricaSouthern Africa
- AfricaBusinessNewsNigeriaOil & GasWestern Africa
TotalEnergies begins production from Ikike field in Nigeria
TotalEnergies, a broad energy company that produces and markets energies on a global scale has begun production from the Ikike field in Nigeria, which is expected to deliver peak production …
- AfricaBusinessNewsNigeriaOil & GasWestern Africa
FGN shuts Scorpion Oil Services over irregular operations
The Federal Government of Nigeria has shut down the diving operations of Scorpion Oil Services onboard MV African Installer offshore Lagos, Nigeria, for operating without the requisite approvals and violating …
Oil prices dropped on Monday, extending a recent losing streak on concerns that an expected rise in U.S. interest rates would weaken fuel demand. Brent crude futures for September settlement …
Oman has flagged the source of liquefied petroleum gas (LPG) shipped into Tanzania, raising fears that some of the cooking gas used in Kenya could be from sanctioned countries, including …
- BusinessEnergyScholarshipsSouthern Africa
Kibo to extend power purchase agreement on its energy from plastic project to 20 years
JSE-listed Kibo Energy has extended its conditional 10-year take-or-pay power purchase agreement (PPA) for a 2.7 megawatt (MW) plastic-to-syngas power plant in Gauteng, to 20 years. Kibo CEO Louis Coetzee notes …
JSE-listed chemicals and energy giant Sasol says it expects production of petroleum products at its Natref refinery – which it owns with Total Energies SE – to resume by the …
The City of Cape Town will start paying cash to commercial and industrial customers to feed power to the grid in an effort to end load shedding. Executive Mayor Geordin …
- AfricaEnergyNewsNigeriaOil & GasWestern Africa
EU partners FG to fast-track gas infrastructure for European markets
The European Union (EU) in partnership with the Federal Government of Nigeria has expressed renewed interest to put mechanism in place to fund gas project in Nigeria to guarantee energy …
Eskom has updated its planned load-shedding schedule for the coming weekend. One of the changes from its announcement earlier this week is that it will implement stage 2 instead of stage 1 …