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: 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: TotalEnergies signs Renewable Power Purchase Agreements with Sasol & Air Liquide

TotalEnergies has signed Corporate Power Purchase Agreements (CPPA) with Sasol South Africa and Air Liquide Large Industries South Africa for the supply of 260 MW capacity of renewable electricity over … 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

MOZAMBIQUE: Divestment by Sasol South Africa Limited of a 30% Equity Interest in ROMPCO

On 27 June 2021, iGAS, a subsidiary of CEF SOC Limited (CEF), together with Companhia Mocambiçana de Gasoduto (CMG), a subsidiary of Empresa Nacional de Hidrocarbonetos, EP (ENH), announced that … Read More

MOZAMBIQUE: U.S. Government Supports Newly Launched Temane Energy Projects

On March 28, 2022, in Vilanculos, Inhambane, the U.S. Government participated in the groundbreaking of the Central Termica de Temane (CTT) power plant and the Temane Transmission Project (TTP).  These … Read More

MOZAMBIQUE: Globeleq, EDM and Sasol, Announces Financial Close of the Central Termica de Temane Power Project

Debt financing of the US$652.3 million project is being provided by IFC, together with its “B” loan participants FMO and Emerging Africa Infrastructure Fund (together US$253.5 million), US International Development … Read More

SOUTH AFRICA: Sasol, CEF Partner to Accelerate Gas Development

Sasol and the Central Energy Fund (CEF) have signed a memorandum of understanding (MOU) to collaborate on accelerating the development of gas solutions in South Africa. This agreement brings together … Read More

SASOL, IDC Formalize Partnership to Co-develop South Africa’s Hydrogen Economy

Sasol Limited (Sasol) and the Industrial Development Corporation of South Africa Limited (IDC) have concluded a memorandum of cooperation (MOC) to jointly develop and shape an enabling environment to advance … Read More

iGAS, CMG Exercise Pre-Emptive Rights to Acquire 30% of SASOL Shares in the ROMPCO Pipeline

iGAS, a subsidiary of the Central Energy Fund (CEF), in partnership with Companhia Mocambiçana de Gasoduto (CMG), a subsidiary of the Empresa Nacional de Hidrocarbonetos, EP (ENH), today announced that … Read More