Sirius eyes oil assets worth $500 million

Thursday, February 18th, 2010

Oil and gas explorer Sirius Petroleum (SRSP.L: Quote) said it is working on a deal that could give it the opportunity to acquire oil and gas assets worth at least ...


GE Oil & Gas Supplying Compressors for Impala Platinum Plant

Thursday, February 4th, 2010

Project Expands GE Presence in the Region’s Mining and Petrochemical Sector GE Oil & Gas, a world leading company in oil and gas advanced technology equipment and services, will supply ...


Oil News from around the web, Exxon Mobil and Hess have won new explorations rights ; National Energy Regulator of South Africa

Tuesday, May 5th, 2009

)))))The National Energy Regulator of South Africa (Nersa) has reduced tariffs by 10.38 percent for petroleum transportation through Transnet's pipelines for the 2009/10 financial year. According to NERSA, this translated into ...


African Oil and Gas Country Briefs

Thursday, April 16th, 2009

Nigeria Oil and Gas Industry The Nigerian National Petroleum Corporation (NNPC) manages the state-owned oil industry. The NNPC holds 49% in the Nigeria Liquefied Natural Gas (NLNG) Company. Foreign Company Involvement: British ...


Oil News, w/e 02/03, Oil Services Firms Flee Nigeria, Singapore refinery units shut for 6 wks

Monday, March 2nd, 2009

The price of OPEC basket of twelve crudes stood at 43.30 dollars a barrel on Friday, compared with $42.95 the previous day, according to OPEC Secretariat calculations. Oil Services Firms Flee ...


Daily Oil Newsbite, Nigeria reforms oil sector, Africa s economy to grow by 3.5 per cent

Wednesday, February 4th, 2009

Nigeria steps up reforms in oil sector With two former OPEC heads on board, the Nigerian administration seems decided to clean up the national oil company despite falling crude prices and ...


GE, Sasol Sign Service Agreement for New Power Project That Could Help Ease South Africa’s Energy Crisis

Friday, November 21st, 2008

SECUNDA, SOUTH AFRICA - November 20, 2008 : – GE Energy announced today that it has signed a 15-year service agreement with South African oil and gas company Sasol. Under ...


Sasol achieves approval for 100% synthetic jet fuel

Sunday, April 13th, 2008

100% Synthetic Fuel Wins First-Time approval for use Internationally in Commercial Aviation Pioneering Fuel produced by Sasol Ltd, meets stringent performance standards and burns more cleanly than conventional jet fuel Johannesburg, South ...


SASOL South Africa: Black Economic Empowerment (BEE) transaction

Tuesday, March 25th, 2008

THE DAWN OF A NEW ERA FOR SUSTAINED BROAD-BASED BEE Sasol today announced the final terms of its groundbreaking R26bn broad-based Black Economic Empowerment (BEE) transaction, the largest to date. This ...


KBR Announces New Managing Director for South Africa

Thursday, February 21st, 2008

HOUSTON--(BUSINESS WIRE)--KBR (NYSE:KBR) announced today that it has appointed Themba Mabuza as the new managing director of KBR South Africa. This appointment is part of KBR’s objective to strengthen its global ...


South Africa BEE Firms Clinch Bunker Barges Contract

Monday, February 11th, 2008

In a deal worth some USD 75 million over five years, two BEE barge operators are to take over the supply of bunker fuel to ships in the port of ...


South Africa: AREVA Submits Ambitious Global Offer

Thursday, January 31st, 2008

● Two EPRs for the “Nuclear 1” program ● AREVA as consortium leader alongside AVENG, Bouygues and EDF ● Preliminary studies into a long-term fleet PARIS--(BUSINESS WIRE)--Regulatory News: AREVA (Paris:CEI) submitted its bid in ...


COADE Discovery Tour Featuring CADWorx Plant Design Suite 2008 Scheduled for February 5th and 8th in Johannesburg and Durban South Africa

Wednesday, January 30th, 2008

HOUSTON--(BUSINESS WIRE)--COADE announced today that February 5th in Johannesburg and February 8th in Durban, South Africa, are the next stops on its COADE Discovery Tour. The events, organized in conjunction ...