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TotalEnergies said on Friday its board unanimously backed the renewal of chairperson and CEO Patrick Pouyanne's mandate and reaffirmed the relevance of the energy major's strategy ahead of its...
In this opinion article, Dr Ross Compton, who is Senior Director of Global Policy for the EnerGeo Alliance, argues that South Africa has oil and gas geological potential and that an enabling...
South Africa’s government has resolved the country’s recurring power outages and is racing to fix its crumbling water infrastructure. But, business leaders warn, it’s sleepwalking into another...
Nigerian-billionaire Aliko Dangote on Monday launched Africa's largest share sale yet with the initial public offering of his oil refinery, opening up ownership of the plant to retail investors and...
LONDON – Global oil supply and demand will fall further than previously thought this year, the International Energy Agency said on Friday, as a lack of progress in ending the Iran war delays the...
French oil major TotalEnergies on Thursday announced a new oil discovery in Angola and signed agreements to buy a 40% operated interest in two new exploration blocks in the country. The new...
The African Development Bank (AfDB) Group’s board of directors has approved its new initiative, the Global Energy and Fertiliser Crisis Response Framework (GEFCRF), to ease the impact on African...
French oil major TotalEnergies will invest $10-billion with partners in Angola over the next five years to bolster production across various projects, Chief Executive Patrick Pouyanne said at an...
Global coal demand is forecast to rise by 1.2% in 2026 to a record 8.94-billion tonnes due to the Middle East conflict, the International Energy Agency (IEA) said on Thursday. Disruptions to oil...
The Central Energy Fund (CEF) has again indicated that it is moving ahead with planning for a phased redevelopment of the mothballed Sapref refinery, in Durban South, which the State-owned company...
Benchmark Brent crude oil futures rose past $100 a barrel on Wednesday, breaching the symbolic barrier for the first time since July 24 as intensifying conflict in the Middle East fuelled growing...
Global oil benchmark Brent crude has rallied this month but stayed below $100/bbl despite recent escalation in the US-Iran conflict that has disrupted Gulf exports from the Strait of Hormuz and the...
Nigeria could double investment into its energy sector within five years after joining the International Energy Agency, its chief Fatih Birol said on Thursday, as nations seek partners they can...
Energy and natural resources companies are implementing AI pilot projects, but should focus on a few end‑to‑end domains where AI can have an impact, such as asset and process performance, customer...
Oil, gas and energy company TotalEnergies and oil and natural gas company Galp have completed a transaction, first announced in December 2025, through which TotalEnergies has acquired a 40%...
While Sasol continues to reduce its overall capital expenditure, the JSE-listed group is increasing its investment in its coal mining business to shore up the feedstock needed to raise output at...
The National Energy Regulator of South Africa (Nersa) has announced that it has considered and approved Sasol Gas’s application for maximum gas prices for the 2027 and 2028 financial years. Nersa,...
To strengthen energy access and security in northern Nigeria, US government agency, the US Trade and Development Agency (USTDA) is supporting the deployment of US liquefied natural gas (LNG)...
Driven by a combination of economic and environmental considerations, energy company CNG Holdings has seen increased interest in compressed natural gas (CNG). The company notes that fleet operators...
South Africa is facing two parallel cliffs, the ‘Gas Cliff’ and the ‘Power Cliff’, as by the 2030s a majority of State-owned power utility Eskom’s fleet generation will be 50 years old and either...
The global economy has weathered the Iran war energy shock better than feared, International Monetary Fund MD Kristalina Georgieva said on Tuesday, but she raised concerns about deteriorating...
Equinor hopes to make a "pretty big" oil discovery in Namibia's PEL 90 exploration licence, the Norwegian company said on Tuesday. Equinor last week announced it had bought a 17.4% stake in the...
Nasdaq- and JSE-listed advanced materials company ASP Isotopes (ASPI) says oil and gas producer Tetra4 has started commissioning Phase 1 of its liquid helium plant, following engineering...
ASX-listed gas exploration company Kinetiko Energy's South African subsidiary Afro Energy has signed a A$1.26-million cooperation and settlement agreement with renewable energy company Mulilo...
South Africa’s response to the gas-supply cliff, which will arise as supply to industrial users from Mozambique falls away later this decade, should be treated separately from the country’s moves...
South Africa's Constitutional Court on Friday blocked offshore exploration led by Shell along the country's pristine Wild Coast, a setback for the oil major after years of legal challenges by local...
Global oil supply will fall by 4.3-million barrels per day (bpd), or around 4%, this year, the International Energy Agency (IEA) said on Wednesday, as renewed hostilities in the Middle East disrupt...
The governments of Tanzania and Uganda on Thursday signed a nonbinding agreement with the Bahrain unit of global commodities trader Vitol to develop a regional energy hub at the Port of Tanga,...
South Africa's proposed shift from voluntary to mandatory strategic petroleum stockholding may strengthen protection against fuel supply shocks, but will require importers to finance more stock and...
Energy and chemicals producer Sasol reports that its earnings for the year to end-June will be higher than the prior year, owing to a combination of higher sales and prices, which more than offset...
The conflict in the Middle East has deepened forecasts of a global oil deficit in 2026, according to a Reuters poll of analysts, but recovering Gulf flows, robust US production and weaker demand...
Oil prices rose to their highest in almost six weeks on Wednesday, with Brent crude surpassing $95 a barrel, on mounting concerns about disruptions to Middle Eastern supply routes because of...
The International Energy Agency's (IEA) member countries still hold substantial emergency oil stocks in reserve despite the largest coordinated release of strategic reserves on record, it said on...
JSE-listed energy and chemicals group Sasol reported that its Secunda Operations, in Mpumalanga, achieved its highest annual production in the past five years during the 2026 financial year to June...
Goldman Sachs said on Monday that Brent crude could top $120 a barrel in the fourth quarter this year and average $100 a barrel next year if flows through the Strait of Hormuz remain disrupted and...
Australian company Kinetiko is taking a two-step permitting process to accelerate gas production at its South African Brakfontein project ahead of a looming national gas shortage, the company's...
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