Luanda – The second conference on Local Content in the oil and gas industry of the African continent will be held for the second time in Luanda on the 26th and 27th of November. According to a press release from the Ministry of Mineral Resources and Petroleum that ANGOP had access Wednesday the conference will…
Trinity Energy Ltd, a South Sudan homegrown Oil Marketing Company will in the first quarter of 2019 shall start construction works of South Sudan’s first oil refinery targeting to supply the East Africa countries with the region sourcing Petroleum products amounting to 15 million tons mostly from Asian Refineries. This follows the award of a…
JUBA, Nov 23 (Reuters) – South Africa will invest $1 billion in South Sudan’s oil sector, including in the construction of a refinery, the South African minister for energy and his South Sudanese counterpart for petroleum said on Friday. South Sudan’s oil industry is dominated by Asian firms including China National Petroleum Corporation (CNPC), Malaysia’s…
The 180,00 barrels per day SAPREF refinery, South Africa’s largest, is a 50:50 venture between Royal Dutch Shell and BPSA, a subsidiary of British oil major BP CAPE TOWN: BP Southern Africa (BPSA) will invest $1 billion in South Africa in the next five years with more than a quarter of that set aside to upgrade the SAPREF refinery to produce…
The benefits of combined heat and power (CHP) generally are well established, and the technology is recognized as having great potential to improve large industrial process efficiencies while contributing to grid resilience. Conventional electricity generation systems waste a great deal of energy through the discharge of heat into the atmosphere, and even more is wasted…
To effectively map out the current and future states of power delivery, it’s imperative to discuss what the landscape looked like in the past. Understanding the evolution of any industry typically requires a healthy dose of historical context, and making sense of today’s energy grid is no exception. Throughout the majority of the electric power…
The highly publicised Vlakfontein murder case was rolled over to Wednesday, November 21, due to an unexpected power outage at the Lenasia Magistrate’s Court building on Tuesday. “There is a high interest in this case and there is no use in keeping the media, family as well as the public here if we cannot proceed…
The government has programmed to earn US$1.1 billion as petroleum revenues for next year, Finance Minister, Ken Ofori Atta told parliament on Thursday during the presentation of the 2019 budget statement and financial policy. This is made up of US$227.10 million from Royalties, US$602.80 million from the Carried and Participating Interest, US$249.60 million in Corporate…
At the gathering of the 4th Africa Oil Governance Summit in Accra on November 13 and 14, 2018, it was concluded that local content is a great tool for developing domestic economies, promoting local work force and championing industrialization and regional integration of the African continent, this is according to a communiqué issued at the end of the…
Management of the Tema Oil Refinery (TOR), has begun processes to get an investor to develop a 3.5 billion dollar modern refinery, the Greenfield facility in Prampram. The new facility will increase TOR’s capacity by 200 percent from the current 45,000 barrels of crude refined daily to 120,000 barrels. The state-owned refinery has been making…