Search for South Africa

21.07.2014 Iran denies selling oil to Sri Lanka, South Africa

The National Iranian Oil Company on Sunday rejected claims that it sold crude oil to Sri Lanka and South Africa, the IRNA news agency reported on Sunday.
 

17.07.2014 South Africa Reconsiders Oil Law

The government of South Africa is reconsidering its new oil and gas laws. The laws have caused some consternation with investors who were afraid they would not be able to make a profit on their assets under the new regime.

11.06.2014 Eni Acquires from Sasol a 40% Interest and Operatorship in an Exploration Block

Eni has concluded an agreement with Sasol Petroleum International,  the upstream O&G subsidiary of Sasol Limited, to acquire a 40% interest and Operatorship in the Exploration Right permit 236 (ER236) in South Africa.

14.03.2014 Transnet to raise South Africa’s pipeline prices

South Africa’s energy regulator approved increases for Transnet SOC Ltd. oil and gas pipelines that will raise the ports and rail utility’s revenue from that unit by 5.1 percent in the year starting in April, Bloomberg reported on March 13.

13.03.2014 South Africa to give state 20% of oil ventures

South Africa's parliament passed changes to its main petroleum law on March 12, giving the state a stake of 20 percent in new gas and oil exploration and production ventures, Reuters has reported.

20.12.2013 South Africa Suspends Offshore Exploration off East Coast over Sound Pollution

South Africa has suspended oil and gas exploration off the east coast following a complaint over the impact of underwater sound pollution on sea life, an official said on December 19, AFP has reported.

29.11.2013 New Pipeline to Link Mozambique to Three Southern African Countries

Mining Oil and Gas Services (MOGS), a South African-based company, intends to construct a multibillion-dollar fuel pipeline linking Mozambique (from Beira) and three Southern African countries through Zimbabwe including Botswana, Botswana Gazette reported on November 28.

25.11.2013 South Africa’s CAMAC to Invest $270 Million in Nigeria

CAMAC Energy Incorporated has entered into a definitive agreement with the Public Investment Corporation Limited of South Africa for a $270m equity investment to boost its operation in the Nigerian oil and gas industry, the Nigerian newspaper Punch reported on November 2

06.11.2013 France to Invest 5.6 Billion Dollars in South Africa Unconventional Energy

French companies are going to invest $5.6bn in energy and transportation projects in South Africa, French President Francois Hollande has said during a visit to South Africa’s capital Pretoria.
 

01.10.2013 Total Acquires Offshore Exploration Interests in South Africa

Total has received approval from the South African authorities and has completed the acquisition of a 50% interest in Block 11B/12B, from CNR International (South Africa) Ltd., a wholly owned subsidiary of Canadian Natural Resources Limited, the company reported in a new