SOUTH AFRICA: TotalEnergies , QatarEnergy Acquire Participating Interest in Block 3B/4B Assumes Operatorship

TotalEnergies has signed, together with its partner QatarEnergy, an agreement to acquire participating interests in Block 3B/4B, offshore South Africa, from Africa Oil South Africa, Azinam (a wholly owned subsidiary … Read More

SOUTH AFRICA: Etana Energy Signs Energy Supply Deal with Growthpoint Properties

Chariot Limited has reported that Etana Energy (Pty) Limited, the electricity trading platform in which Chariot owns a 49% interest, has signed a milestone Power Purchase Agreement (PPA) with Growthpoint … Read More

SOUTH AFRICA: Eco Atlantic Receives Government Approval for 6.25% Farm Out of Block 3B/4B to Africa Oil

Eco (Atlantic) Oil & Gas has announced that its wholly owned subsidiary, Azinam Limited, has received final government approval for the farm out of its 6.25% Participating Interest in Block 3B/4B to Africa … Read More

South Africa: TotalEnergies signs an agreement to divest its minority stake in Natref refinery to the Prax Group

 In line with its strategy to divest non-core assets, TotalEnergies has announced the signature of an agreement to divest the 36.36% minority stake, held by TotalEnergies Marketing South Africa, in … Read More

South Africa’s Luiperd-Brulpadda Gas Fields Represent Huge Opportunities; We Must Not Let Them Pass Us By

By NJ Ayuk When South Africa entered the year 2023, it did so as a country that was thoroughly dependent on imports to meet its demand for natural gas. This … Read More

SOUTH AFRICA: IDC Funds Kinetiko to Develop Gas Fields

The Industrial Development Corporation of South Africa (IDC) a wholly owned subsidiary of the South African government mandated to promote economic growth and industrial development in South Africa has advanced … Read More

SOUTH AFRICA: Kinetiko Energy Reports Core Well 270-05C Intersected Significant Gassy Zones

Kinetiko Energy has provided an update on its onshore gas exploration and production development activities. Core well 270-05C spudded in March 2023 approximately 10kms from South Africa’s largest gas pipeline, the Lily Pipeline, … Read More

SOUTH AFRICA: Sasol Launches Venture Capital Fund to Advance Decarbonisation Ambitions

Sasol has announced that it has established Sasol Ventures to advance Sasol’s decarbonisation and 2050 net zero ambitions through venture capital. It will invest €50 million over the next five … Read More