Tag Archives: South Africa

Oil trading giants and the national oil companies of some of the Middle East’s biggest oil producers are in the race to buy Shell’s South African service stations as they look to expand their access to downstream assets. The world’s largest oil firm and oil exporter, Saudi Aramco, the national …

TotalEnergies is planning to exit its gas-condensate finds off the South African coast, reported Bloomberg, citing sources familiar with the matter. Instead, the French oil and gas major plans to focus on exploration opportunities closer to Namibia. In 2019, TotalEnergies made a discovery at the Brulpadda field, braving one of …

If you’re expecting South Africa will make a quick shift away from coal-fired power in favor of green energy, prepare to be disappointed. Expecting South Africa to quickly give up on coal-fired power would be “very wrong,” South Africa’s energy minister Gwede Mantashe told Bloomberg this week. Instead, South Africa …

TotalEnergies is launching with partners the construction of a solar plus storage plant in South Africa, the French energy major said on Friday. The hybrid renewable energy project will include a 216 megawatt (MW) solar plant and a 500 MWh battery storage system to manage the intermittency of solar production, …

Iran exported non-oil commodities valued at $89.5 million to South Africa during the first seven months of the current Iranian calendar year (March 21-October 22), the spokesman of Trade Development Committee of Iran’s House of Industry, Mining and Trade announced. Ruhollah Latifi also announced that the Islamic Republic imported products …

TotalEnergies Marketing South Africa is divesting its 36.36 percent minority stake in National Petroleum Refiners of South Africa (Natref) to the Prax Group. Located at Sasolburg, South Africa, the Natref refinery has a capacity of 108,500 barrels of oil per day, and supplies the main South African inland market in …

The United States supports South Africa’s transition to cleaner energy and will help mobilize financing from the private sector to assist the country which is heavily dependent on coal, U.S. Secretary of the Treasury Janet Yellen said on Friday during a visit to South Africa. Currently, coal is by far …

TotalEnergies SE is planning to explore for oil offshore South Africa’s West Coast, where environmental groups have increasingly opposed such activity. The French explorer proposes to drill one well, which could result in an additional nine wells depending on the success of the first, SLR Consulting Ltd., which is doing …

Africa-focused exploration company Impact Oil & Gas Limited has completed the farm-out of 50 percent working interest and operatorship in the Transkei & Algoa exploration right offshore South Africa to oil major Shell. Impact Oil & Gas stated that the transaction was completed between its wholly owned subsidiary Impact Africa …

French oil giant Total SA has sent a drilling rig to South Africa in the hopes of duplicating its massive find there last February, Total’s partner in the project Africa Energy Corp said in a press release on Thursday. According to Africa Energy Corp, the Odfjell Deepsea Stavanger sem-submersible rig …