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        <title>Engineering News | Oil &amp; Gas</title>
        <description><![CDATA[Latest news on oil and gas sector, including refineries and retail.]]></description>
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            <title>ASP Isotopes proposes merger of Noble Africa with EBDRA Life Sciences</title>
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            <description><![CDATA[JSE- and Nasdaq-listed ASP Isotopes has announced that its wholly-owned subsidiary Noble Africa, an intermediate holding company for Renergen, will merge with a subsidiary of Nasdaq-listed ENDRA Life Sciences, with Noble Africa to continue as the surviving entity. Upon completion of the proposed merger, the combined company plans to operate under the name Noble Africa Inc and will apply to trade on the Nasdaq Stock Market under the ticker symbol ‘NOBA’.]]></description>
            <author>Sabrina Jardim</author>
            <category>MERGERS &amp; ACQUISITIONS</category>
            <pubDate>Fri, 26 Jun 2026 12:28:00 +0200</pubDate>
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            <title>Exciting gigawatt-scale projects across Africa, SLR reports</title>
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            <description><![CDATA[To combat climate change, the world needs green molecules in addition to green electrons. “If we look how the economy is carbonised, an electron can only decarbonise between 60% to 70% of the economy,” SLR Consulting Power Sector Lead Middle East and Africa Stuart Heather-Clark points out.]]></description>
            <author>Martin Creamer</author>
            <category>Oil &amp; Gas</category>
            <pubDate>Fri, 26 Jun 2026 00:00:00 +0200</pubDate>
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            <title>Oil extends decline on rising Middle East supply</title>
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            <description><![CDATA[Oil prices extended their decline on Thursday to near levels last seen before the start of the Iran war, as expectations of rising supply from the Middle East outweighed demand concerns. Prompt-month Brent crude futures for August delivery fell $1.06, or 1.44%, to $72.68 a barrel by 0639 GMT, while US West Texas Intermediate lost 76 cents, or 1.08%, to $69.58 a barrel.]]></description>
            <author>  Reuters</author>
            <category>OIL</category>
            <pubDate>Thu, 25 Jun 2026 09:17:00 +0200</pubDate>
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            <title>Hormuz reopening to release wave of oil supply, depress prices</title>
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            <description><![CDATA[Middle Eastern crude oil markets could come under further pressure if the Strait of Hormuz reopens on Friday following the US-Iran interim deal, releasing-millions of barrels of oil stranded in the Middle East Gulf into global markets, industry executives said. The wave of supply comes after Gulf producers ramped up exports via ship-to-ship transfers off the United Arab Emirates and Oman this month, which depressed spot differentials for Middle East crude to discounts on Tuesday.]]></description>
            <author>  Reuters</author>
            <category>OIL</category>
            <pubDate>Thu, 18 Jun 2026 10:48:00 +0200</pubDate>
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            <title>CHINT says reliable energy infrastructure is foundation for industrial growth</title>
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            <description><![CDATA[Energy technology company CHINT believes reliable power infrastructure will be critical to supporting Africa's industrialisation ambitions.]]></description>
            <author>Mariaan Webb</author>
            <category>Oil &amp; Gas</category>
            <pubDate>Wed, 17 Jun 2026 14:30:00 +0200</pubDate>
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            <title>Gas a key enabler for Africa’s energy transition – Wärtsilä</title>
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            <description><![CDATA[Wärtsilä Director: Growth and Development, Africa and Europe Louis Strydom speaks to Engineering News at the Africa Energy Forum in Cape Town.
]]></description>
            <author>Mariaan Webb</author>
            <category>Oil &amp; Gas</category>
            <pubDate>Wed, 17 Jun 2026 13:30:00 +0200</pubDate>
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            <title>Sungrow showcases battery energy storage solutions at AEF</title>
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            <description><![CDATA[Sungrow Southern Africa Senior Accounts Manager Sean Naude speaks to Engineering News at the Africa Energy Forum in Cape Town.
]]></description>
            <author>Mariaan Webb</author>
            <category>Oil &amp; Gas</category>
            <pubDate>Wed, 17 Jun 2026 13:00:00 +0200</pubDate>
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            <title>Seriti Green calls for faster permitting to support energy transition, job creation</title>
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            <description><![CDATA[Seriti Green CEO Peter Venn speaks to Engineering News at the Africa Energy Forum in Cape Town.
]]></description>
            <author>Mariaan Webb</author>
            <category>Oil &amp; Gas</category>
            <pubDate>Wed, 17 Jun 2026 12:30:00 +0200</pubDate>
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        <updated>1781872340</updated>
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        <editor>Creamer Media Reporter  </editor>
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            <title>Red Rocket sees opportunity in next phase of energy market evolution</title>
            <link>https://newsletter-en.creamermedia.com/article/red-rocket-2026-06-17</link>
            <description><![CDATA[Red Rocket COO Luca Silva speaks to Engineering News at the Africa Energy Forum in Cape Town about the company's growth ambitions, opportunities in Africa's electricity market and the role of renewable energy, energy trading and emerging technologies in supporting the continent's energy transition. ]]></description>
            <author>Mariaan Webb</author>
            <category>Oil &amp; Gas</category>
            <pubDate>Wed, 17 Jun 2026 12:00:00 +0200</pubDate>
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            <title>IEA sees significant 2027 oil surplus after Hormuz recovery</title>
            <link>https://newsletter-en.creamermedia.com/article/iea-sees-significant-2027-oil-surplus-after-hormuz-recovery-2026-06-17</link>
            <description><![CDATA[The oil market will move into a significant supply surplus in 2027 after recovering from the closure of the Strait of Hormuz, the International Energy Agency (IEA) said in its monthly oil market report on Wednesday.

The US has announced an interim agreement to end the Iran war, which includes Iran reopening the strait and the US lifting its naval blockade of Iran, potentially bringing an end to the largest oil supply disruption in history.]]></description>
            <author>  Reuters</author>
            <category>OIL &amp; GAS</category>
            <pubDate>Wed, 17 Jun 2026 11:42:00 +0200</pubDate>
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        <editor>  Reuters</editor>
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            <title>Transmission expansion remains energy sector's biggest unlock — Mulilo</title>
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            <description><![CDATA[Mulilo CEO Jan Fourie speaks to Engineering News at the Africa Energy Forum in Cape Town about the priorities for South Africa's renewable energy sector, the investment and policy actions needed to accelerate energy development, and the role of clean energy in supporting Africa's industrialisation ambitions.]]></description>
            <author>Mariaan Webb</author>
            <category>Oil &amp; Gas</category>
            <pubDate>Wed, 17 Jun 2026 11:30:00 +0200</pubDate>
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            <title>Phelan Green selects Johnson Matthey technology for Saldanha eSAF plant</title>
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            <description><![CDATA[Renewable energy company Phelan Green Hydrogen says it has licensed technologies from advanced metals chemistry company Johnson Matthey Catalyst Technologies for its planned electro‑sustainable aviation fuel (eSAF) facility in the Western Cape, South Africa. Johnson Matthey’s HyCOgen technology uses a catalysed process to convert CO2 and electrolytic, or green hydrogen into carbon monoxide (CO). This CO is then combined with additional hydrogen to form syngas.]]></description>
            <author>Schalk Burger</author>
            <category>FUEL TECHNOLOGIES</category>
            <pubDate>Wed, 17 Jun 2026 11:21:00 +0200</pubDate>
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        <editor>Chanel de Bruyn</editor>
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            <title>Globeleq highlights opportunities in Southern Africa</title>
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            <description><![CDATA[Globeleq CEO Jonathan Hoffman speaks to Engineering News at the Africa Energy Forum in Cape Town about the key developments shaping the continent's energy landscape and the opportunities, challenges and investment priorities influencing future energy infrastructure growth.]]></description>
            <author>Mariaan Webb</author>
            <category>Oil &amp; Gas</category>
            <pubDate>Wed, 17 Jun 2026 10:30:00 +0200</pubDate>
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            <title>SLR highlights growing regional energy and investment links</title>
            <link>https://newsletter-en.creamermedia.com/article/slr-highlights-growing-regional-energy-and-investment-links-2026-06-17</link>
            <description><![CDATA[SLR Consulting business development director for the Middle East Andrew Burrow speaks to Engineering News at the Africa Energy Forum in Cape Town about opportunities and challenges in the energy sector, infrastructure development, and the changing role of consulting firms in supporting energy projects across Africa and the wider region.]]></description>
            <author>Mariaan Webb</author>
            <category>Oil &amp; Gas</category>
            <pubDate>Wed, 17 Jun 2026 10:00:00 +0200</pubDate>
        <a_id>723703</a_id>
        <updated>1781702025</updated>
        <published>1781683200</published>
        <expires>99999999999</expires>
        <editor>Creamer Media Reporter  </editor>
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        <has_audio>0</has_audio>
        <image_url>https://cisp.cachefly.net/assets/articles/images/resized/0001279349_resized_20260617aefslr.jpg</image_url>
        <image_title></image_title>
        <image_width>511</image_width>
        <image_height>287</image_height>
        <attachments><attachment><url>https://cisp.cachefly.net/assets/articles/attachments/96807_2026-06-17_aef_slr.mp4</url><size>116313175</size><title>SLR Consulting business development director for the Middle East Andrew Burrow speaks to Engineering News at the Africa Energy Forum in Cape Town about growing energy and investment links between Africa, Europe and the Middle East, and the role of advisory and technical expertise in supporting sustainable infrastructure and industrial development. Camerawork: Miko Moodley. Editing: Nicholas Boyd. </title></attachment></attachments>
        <media:group><media:content url="https://cisp.cachefly.net/assets/articles/attachments/96807_2026-06-17_aef_slr.mp4" fileSize="116313175" type="video" medium="video" expression="full"><media:description type="plain">SLR Consulting business development director for the Middle East Andrew Burrow speaks to Engineering News at the Africa Energy Forum in Cape Town about growing energy and investment links between Africa, Europe and the Middle East, and the role of advisory and technical expertise in supporting sustainable infrastructure and industrial development. Camerawork: Miko Moodley. Editing: Nicholas Boyd. </media:description></media:content></media:group>
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        <item>
            <title>Oil hits 3-month low as US, Iran reach peace deal to reopen Strait of Hormuz</title>
            <link>https://newsletter-en.creamermedia.com/article/oil-hits-3-month-low-as-us-iran-reach-peace-deal-to-reopen-strait-of-hormuz-2026-06-15</link>
            <description><![CDATA[Oil prices slipped to a three-month low on Monday after US President Donald Trump and Iran's deputy foreign minister said they had reached an initial deal to end the war and to resume traffic through the Strait of Hormuz.

Brent crude futures fell $4.16, or 4.8%, to $83.17 a barrel by 13:15 GMT and US West Texas Intermediate was at $80.49, down $4.39, or 5.2%.]]></description>
            <author>  Reuters</author>
            <category>OIL &amp; GAS</category>
            <pubDate>Mon, 15 Jun 2026 15:44:00 +0200</pubDate>
        <a_id>723594</a_id>
        <updated>1781531427</updated>
        <published>1781531040</published>
        <expires>99999999999</expires>
        <editor>  Reuters</editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
        <image_url>https://cisp.cachefly.net/assets/articles/images/resized/0001279118_resized_oil1022.jpeg</image_url>
        <image_title>Crude oil </image_title>
        <image_width>511</image_width>
        <image_height>287</image_height>
        </item>
        <item>
            <title>Shares and bonds surge, oil slides on Iran deal</title>
            <link>https://newsletter-en.creamermedia.com/article/shares-and-bonds-surge-oil-slides-on-iran-deal-2026-06-15</link>
            <description><![CDATA[Share markets and bonds rallied hard on Monday and oil prices tumbled 5% as a framework peace deal between the US and Iran promised to ease inflationary pressures globally and lessen the need for higher interest rates.

Europe's early optimism drove both the STOXX 600 and FTSE Eurofirst to records. Asia's biggest markets had all leapt overnight, while futures markets pointed to gains of 1.3% to 2% for Wall Street later.]]></description>
            <author>  Reuters</author>
            <category>ECONOMY </category>
            <pubDate>Mon, 15 Jun 2026 15:04:00 +0200</pubDate>
        <a_id>723587</a_id>
        <updated>1781530999</updated>
        <published>1781528640</published>
        <expires>99999999999</expires>
        <editor>  Reuters</editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
        <image_url>https://cisp.cachefly.net/assets/articles/images/resized/0001279078_resized_brentdeltarigatableseatonport0520171022.jpg</image_url>
        <image_title>Oil rig</image_title>
        <image_width>511</image_width>
        <image_height>287</image_height>
        </item>
        <item>
            <title>Goldman lowers 2027 Brent oil forecast on supply growth, demand risks</title>
            <link>https://newsletter-en.creamermedia.com/article/goldman-lowers-2027-brent-oil-forecast-on-supply-growth-demand-risks-2026-06-12</link>
            <description><![CDATA[Goldman Sachs on Thursday lowered its 2027 average Brent oil price forecast to $80/bbl, citing stronger supply growth and persistent demand weakness, even as it warned prices could swing sharply under different geopolitical scenarios. The bank highlighted rising output from the United States, Brazil, Guyana, Venezuela and the UAE, alongside structural demand shifts, particularly in China.]]></description>
            <author>  Reuters</author>
            <category>ENERGY</category>
            <pubDate>Fri, 12 Jun 2026 10:45:00 +0200</pubDate>
        <a_id>723434</a_id>
        <updated>1781257676</updated>
        <published>1781253900</published>
        <expires>99999999999</expires>
        <editor>  Reuters</editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
        <image_url>https://cisp.cachefly.net/assets/articles/images/resized/0001278636_resized_oilrig10222.jpg</image_url>
        <image_title></image_title>
        <image_width>511</image_width>
        <image_height>287</image_height>
        </item>
        <item>
            <title>Mantashe calls for stronger refining capacity amid global energy instability</title>
            <link>https://newsletter-en.creamermedia.com/article/mantashe-calls-for-stronger-refining-capacity-amid-global-energy-instability-2026-06-10</link>
            <description><![CDATA[Mineral and Petroleum Resources Minister Gwede Mantashe has reiterated government’s commitment to strengthening South Africa’s energy security through increased refining capacity, strategic fuel stocks and accelerated developments in oil and gas, but also cautioned against a hasty transition away from conventional fuels. Mantashe delivered this message during a keynote address on the first day of the Fuels Industry Imbizo hosted by industry organisation the Fuels Industry Association of South Africa.]]></description>
            <author>Lumkile Nkomfe </author>
            <category>ENERGY</category>
            <pubDate>Wed, 10 Jun 2026 16:56:00 +0200</pubDate>
        <a_id>723304</a_id>
        <updated>1781104331</updated>
        <published>1781103360</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
        <image_url>https://cisp.cachefly.net/assets/articles/images/resized/0001278196_resized_gwedemantashe10224.jpg</image_url>
        <image_title>Mineral and Petroleum Resources Minister Gwede Mantashe</image_title>
        <image_width>511</image_width>
        <image_height>287</image_height>
        </item>
        <item>
            <title>Standard Bank outlines macroeconomic spinoffs from $30bn Rovuma LNG project</title>
            <link>https://newsletter-en.creamermedia.com/article/standard-bank-outlines-macroeconomic-spinoffs-from-30bn-rovuma-lng-project-2026-06-08</link>
            <description><![CDATA[Standard Bank has published a bullish macroeconomic assessment of the giant Rovuma liquefied natural gas (LNG) project in northern Mozambique, which has been described as the largest commercial project in Africa’s history but which has faced protracted delays following a deadly insurgency in Cabo Delgado in 2021. The onshore project has a current estimated capital cost of $30-billion and has been expanded to a yearly production of 18-million tonnes from an initial nameplate of 15-million tonnes.]]></description>
            <author>Terence Creamer</author>
            <category>LIQUEFIED NATURAL GAS</category>
            <pubDate>Mon, 08 Jun 2026 12:25:00 +0200</pubDate>
        <a_id>723084</a_id>
        <updated>1780914719</updated>
        <published>1780914300</published>
        <expires>99999999999</expires>
        <editor>Creamer Media Reporter  </editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
        <image_url>https://cisp.cachefly.net/assets/articles/images/resized/0001277512_resized_bernardoaparicio1022.jpeg</image_url>
        <image_title>Standard Bank Mozambique CEO Bernardo Aparício</image_title>
        <image_width>511</image_width>
        <image_height>287</image_height>
        </item>
        <item>
            <title>Oil prices climb more than $4 after Israeli strikes on Iran, Lebanon</title>
            <link>https://newsletter-en.creamermedia.com/article/oil-prices-climb-more-than-4-after-israeli-strikes-on-iran-lebanon-2026-06-08</link>
            <description><![CDATA[Oil prices jumped more than $4 on Monday, with investors spooked by fresh Israeli strikes on Iran as well as renewed attacks on Lebanon a day earlier. Brent crude futures rose $4.42 or 4.47% to $97.15 a barrel as of 0609 GMT, while US crude futures were up $4.07 or 4.50% at $94.61 per barrel.]]></description>
            <author>  Reuters</author>
            <category>ENERGY</category>
            <pubDate>Mon, 08 Jun 2026 09:12:00 +0200</pubDate>
        <a_id>723040</a_id>
        <updated>1780926738</updated>
        <published>1780902720</published>
        <expires>99999999999</expires>
        <editor>  Reuters</editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
        <image_url>https://cisp.cachefly.net/assets/articles/images/resized/0001277379_resized_oilreuters06251022.jpeg</image_url>
        <image_title></image_title>
        <image_width>511</image_width>
        <image_height>287</image_height>
        </item>
        <item>
            <title>Hostilities flare in Iran war, oil jumps with talks at a stalemate</title>
            <link>https://newsletter-en.creamermedia.com/article/hostilities-flare-in-iran-war-oil-jumps-with-talks-at-a-stalemate-2026-06-03</link>
            <description><![CDATA[Gulf hostilities flared again on Wednesday, with an Iranian missile attack damaging Kuwait's airport and the US military carrying out strikes near the Strait of Hormuz, as diplomacy between Washington and Tehran showed little progress. The latest flare-up, which sent oil prices up more than 1%, comes with the conflict stalemated in a shaky ceasefire and the Strait of Hormuz largely closed, more than three months after initial US and Israeli strikes on Iran.]]></description>
            <author>  Reuters</author>
            <category>ENERGY</category>
            <pubDate>Wed, 03 Jun 2026 10:15:00 +0200</pubDate>
        <a_id>722745</a_id>
        <updated>1780476043</updated>
        <published>1780474500</published>
        <expires>99999999999</expires>
        <editor>  Reuters</editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
        <image_url>https://cisp.cachefly.net/assets/articles/images/resized/0001276437_resized_marcorubio05022025reuters10221.jpeg</image_url>
        <image_title>US Secretary of State Marco Rubio</image_title>
        <image_width>511</image_width>
        <image_height>287</image_height>
        </item>
        <item>
            <title>Invictus Energy signs Zimbabwe gas deal for its Cabora Bassa gas project</title>
            <link>https://newsletter-en.creamermedia.com/article/invictus-energy-signs-zimbabwe-gas-deal-for-its-cabora-bassa-gas-project-2026-05-27</link>
            <description><![CDATA[Australia's Invictus Energy signed a petroleum production sharing agreement (PPSA) with Zimbabwe on Wednesday, a key step as it looks to advance its Cabora Bassa gas project, company executives said. At the signing ceremony in Harare, Invictus CEO Scott Macmillan said the PPSA would be a hybrid model which meant the State could choose between taking a portion of the profits or a portion of the gas eventually produced.]]></description>
            <author>  Reuters</author>
            <category>ENERGY</category>
            <pubDate>Wed, 27 May 2026 16:48:00 +0200</pubDate>
        <a_id>722271</a_id>
        <updated>1779898905</updated>
        <published>1779893280</published>
        <expires>99999999999</expires>
        <editor>  Reuters</editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
        </item>
        <item>
            <title>Inflation impact likely in emerging markets owing to US-Iran war – BMI</title>
            <link>https://newsletter-en.creamermedia.com/article/inflation-impact-likely-in-emerging-markets-owing-to-us-iran-war-bmi-2026-05-26</link>
            <description><![CDATA[Financial market research company BMI expects oil prices to average $90/bbl this year, and to remain higher for longer, which will, in turn, feed into rising inflation. This will lead to pressure being placed on the reserves of energy-importing countries and to tightening monetary policies, particularly in emerging markets in Asia, said BMI Emerging Markets director and global economist Nikhil Sanghani on May 26.]]></description>
            <author>Schalk Burger</author>
            <category>INFLATION RISKS</category>
            <pubDate>Tue, 26 May 2026 15:59:00 +0200</pubDate>
        <a_id>722148</a_id>
        <updated>1779805511</updated>
        <published>1779803940</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
        </item>
        <item>
            <title>Industrial gas users outline policy actions needed to avert gas cliff</title>
            <link>https://newsletter-en.creamermedia.com/article/industrial-gas-users-outline-policy-actions-needed-to-avert-gas-cliff-2026-05-18</link>
            <description><![CDATA[The Industrial Gas Users Association-Southern Africa (IGUA-SA) has outlined the policy requirements it believes are now required to mitigate what would otherwise be a steep decline in gas supply to domestic industry by 2030. Described as a ‘gas cliff’ the fall-off is anticipated when existing supply from Mozambique’s Pande-Temane fields is no longer available to industrial consumers from 2028 and after Sasol ends its temporary two-year supply of methane-rich gas, produced using coal.]]></description>
            <author>Terence Creamer</author>
            <category>GAS</category>
            <pubDate>Mon, 18 May 2026 16:07:00 +0200</pubDate>
        <a_id>721517</a_id>
        <updated>1779113752</updated>
        <published>1779113220</published>
        <expires>99999999999</expires>
        <editor>Creamer Media Reporter  </editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
        <image_url>https://cisp.cachefly.net/assets/articles/images/resized/0001272525_resized_lngsakuraliquefiednaturalgastankerbloomberg20181022.jpg</image_url>
        <image_title>Roadmap calls for gas supply, liquefied natural gas terminals, pipelines, storage and gas-to-power infrastructure to be designated as strategic national economic infrastructure.</image_title>
        <image_width>511</image_width>
        <image_height>287</image_height>
        </item>
        <item>
            <title>IEA chief warns commercial oil inventories are depleting rapidly, only weeks left</title>
            <link>https://newsletter-en.creamermedia.com/article/iea-chief-warns-commercial-oil-inventories-are-depleting-rapidly-only-weeks-left-2026-05-18</link>
            <description><![CDATA[Fatih Birol, head of the International Energy Agency, said on Monday that commercial oil inventories were depleting rapidly with only a few weeks' worth left due to the Iran war and the closure of the Strait of Hormuz to shipping. Birol, who is participating in the Group of Seven finance leaders meeting in Paris, told reporters that the release of strategic oil reserves had added 2.5-million barrels of oil per day to the market, but said these reserves "are not endless".]]></description>
            <author>  Reuters</author>
            <category>ENERGY</category>
            <pubDate>Mon, 18 May 2026 14:14:00 +0200</pubDate>
        <a_id>721489</a_id>
        <updated>1779113801</updated>
        <published>1779106440</published>
        <expires>99999999999</expires>
        <editor>  Reuters</editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
        <image_url>https://cisp.cachefly.net/assets/articles/images/resized/0001272465_resized_fatihbiroliea10222.jpg</image_url>
        <image_title>IEA executive director Fatih Birol</image_title>
        <image_width>511</image_width>
        <image_height>287</image_height>
        </item>
        <item>
            <title>Oil touches two-week high after drone attack on UAE nuclear power plant</title>
            <link>https://newsletter-en.creamermedia.com/article/oil-touches-two-week-high-after-drone-attack-on-uae-nuclear-power-plant-2026-05-18</link>
            <description><![CDATA[Oil prices extended gains on Monday as efforts to end the Iran war appeared to have stalled, after a nuclear power plant in the United Arab Emirates came under attack and as US President Donald Trump is expected to discuss military options on Iran. Brent crude futures climbed $1.65, or 1.51%, to $110.91 /bbl by 0703 GMT, but were off the $112 they had touched earlier for their highest since May 5.]]></description>
            <author>  Reuters</author>
            <category>ENERGY</category>
            <pubDate>Mon, 18 May 2026 09:41:00 +0200</pubDate>
        <a_id>721452</a_id>
        <updated>1779090557</updated>
        <published>1779090060</published>
        <expires>99999999999</expires>
        <editor>  Reuters</editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
        <image_url>https://cisp.cachefly.net/assets/articles/images/resized/0001272348_resized_untitled413.jpeg</image_url>
        <image_title></image_title>
        <image_width>511</image_width>
        <image_height>287</image_height>
        </item>
        <item>
            <title>Eskom to start disciplinary proceedings as forensic firm confirms diesel procurement noncompliance</title>
            <link>https://newsletter-en.creamermedia.com/article/eskom-to-start-disciplinary-proceedings-as-forensic-firm-confirms-diesel-procurement-noncompliance-2026-05-15</link>
            <description><![CDATA[State-owned power utility Eskom says an interim report by an independent forensic firm has identified instances of non-adherence to Eskom processes in the procurement of the services and the management of the contracts for diesel supply. The contracts under investigation by Eskom Group Investigations and Security relate to the supply of diesel to its open-cycle gas turbine power stations, which support system reliability during emergencies, particularly at peak demand and during periods of high breakdowns.]]></description>
            <author>Schalk Burger</author>
            <category>DIESEL PROCUREMENT</category>
            <pubDate>Fri, 15 May 2026 12:13:00 +0200</pubDate>
        <a_id>721399</a_id>
        <updated>1778844999</updated>
        <published>1778839980</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
        </item>
        <item>
            <title>Global oil supply to plunge below demand this year on Iran war, IEA says</title>
            <link>https://newsletter-en.creamermedia.com/article/global-oil-supply-to-plunge-below-demand-this-year-on-iran-war-iea-says-2026-05-13</link>
            <description><![CDATA[Global oil supply will not meet total demand this year as the Iran war wreaks havoc on Middle East oil production, the International Energy Agency (IEA) said in its monthly oil market report on Wednesday. "With Hormuz tanker traffic still restricted, cumulative supply losses from Gulf producers already exceed 1 billion barrels with more than 14-million (barrels per day) of oil now shut in, an unprecedented supply shock," the agency said.]]></description>
            <author>  Reuters</author>
            <category>OIL</category>
            <pubDate>Wed, 13 May 2026 10:32:00 +0200</pubDate>
        <a_id>721142</a_id>
        <updated>1778665588</updated>
        <published>1778661120</published>
        <expires>99999999999</expires>
        <editor>  Reuters</editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
        <image_url>https://cisp.cachefly.net/assets/articles/images/resized/0001271387_resized_oilgasoilpumpazerbaijancumulus1022.jpg</image_url>
        <image_title></image_title>
        <image_width>511</image_width>
        <image_height>287</image_height>
        </item>
        <item>
            <title>Ramokgopa promises ‘sequenced’ roadmap for wholesale electricity market roll-out</title>
            <link>https://newsletter-en.creamermedia.com/article/ramokgopa-promises-sequenced-roadmap-for-wholesale-electricity-market-roll-out-2026-05-12</link>
            <description><![CDATA[Electricity and Energy Minister Dr Kgosientsho Ramokgopa reports that his department will publish a “sequenced” implementation roadmap for the South African Wholesale Electricity Market (SAWEM) so as to address prevailing uncertainty over the transition to a competitive market structure. In his Budget Vote address on Tuesday, the Minister said the SAWEM would introduce clearer price signals, improve dispatch efficiency, allocate balancing responsibilities, improve transparency and reduce long-term reliance on the single buyer model.]]></description>
            <author>Terence Creamer</author>
            <category>ELECTRICITY</category>
            <pubDate>Tue, 12 May 2026 18:20:00 +0200</pubDate>
        <a_id>721119</a_id>
        <updated>1778654052</updated>
        <published>1778602800</published>
        <expires>99999999999</expires>
        <editor>Creamer Media Reporter  </editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
        <image_url>https://cisp.cachefly.net/assets/articles/images/resized/0001271299_resized_kgosientshoramokgopa09231022.jpg</image_url>
        <image_title>Electricity and Energy Minister Dr Kgosientsho Ramokgopa</image_title>
        <image_width>511</image_width>
        <image_height>287</image_height>
        </item>
        <item>
            <title>Geopolitics, energy prices, climate risks reshaping agriculture outlook – Coface</title>
            <link>https://newsletter-en.creamermedia.com/article/geopolitics-energy-prices-climate-risks-reshaping-agriculture-outlook-coface-2026-05-12</link>
            <description><![CDATA[A convergence of geopolitical tensions, higher energy prices and climate risks is reshaping the outlook for agricultural producers, exporters and agribusinesses, thereby creating conditions that will eventually weigh on global agri‑food systems, says trade credit risk management company Coface. Producer price inflation, which had eased prior to the geopolitical shock, is now likely to reverse. Rising fertiliser, fuel and intermediate input costs are expected to place renewed pressure on farm margins and profitability.]]></description>
            <author>Schalk Burger</author>
            <category>AGRICULTURAL OUTLOOK</category>
            <pubDate>Tue, 12 May 2026 08:05:00 +0200</pubDate>
        <a_id>721025</a_id>
        <updated>1778568014</updated>
        <published>1778565900</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
        </item>
        <item>
            <title>Deals and new partnerships on the menu at Africa-France summit</title>
            <link>https://newsletter-en.creamermedia.com/article/deals-and-new-partnerships-on-the-menu-at-africa-france-summit-2026-05-11</link>
            <description><![CDATA[French President Emmanuel Macron and more than 30 African leaders kicked off a summit in Kenya on Monday aimed at diversifying Paris' partnerships on the continent and clinching new investment deals. The Africa Forward Summit is the first France has organised in an English-speaking nation since it began holding such events in the 1970s and follows a series of setbacks in former colonies in West Africa that have moved to reduce French influence.]]></description>
            <author>  Reuters</author>
            <category>ENERGY &amp; TRADE</category>
            <pubDate>Mon, 11 May 2026 09:12:00 +0200</pubDate>
        <a_id>720916</a_id>
        <updated>1778491477</updated>
        <published>1778483520</published>
        <expires>99999999999</expires>
        <editor>  Reuters</editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
        <image_url>https://cisp.cachefly.net/assets/articles/images/resized/0001270814_resized_emmanuelmacronfrenchpresidentelect05171022reuters.jpg</image_url>
        <image_title>French President Emmanuel Macron</image_title>
        <image_width>511</image_width>
        <image_height>287</image_height>
        </item>
        <item>
            <title>Energy transition, policy in the spotlight</title>
            <link>https://newsletter-en.creamermedia.com/article/energy-transition-policy-in-the-spotlight-2026-05-08</link>
            <description><![CDATA[Amid rising fuel prices and dropping temperatures in South Africa, Engineering News editor Terence Creamer joins me to discuss what issues these developments raise for the energy transition and policy.]]></description>
            <author>Creamer Media Reporter  </author>
            <category>ENERGY</category>
            <pubDate>Fri, 08 May 2026 09:16:00 +0200</pubDate>
        <a_id>720822</a_id>
        <updated>1778238300</updated>
        <published>1778224560</published>
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            <title>Oil prices jump on renewed US-Iran hostilities</title>
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            <description><![CDATA[Oil prices rose about 1% on Friday after renewed fighting broke out between the US and Iran, threatening a shaky ceasefire and dashing hopes for progress on a reopening of the Strait of Hormuz, a key transit route for oil and liquefied natural gas. Brent crude futures were up $1.20, or 1.2%, at $101.26 a barrel as of 0356 GMT. West Texas Intermediate (WTI) US crude futures rose by 85 cents, or 0.9%, to $95.66 a barrel. The benchmarks were up more than 3% at market open.]]></description>
            <author>  Reuters</author>
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            <pubDate>Fri, 08 May 2026 08:41:00 +0200</pubDate>
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            <description><![CDATA[South Africa’s State-owned ports authority has initiated a bidding process for the appointment of a new private terminal operator at the Port of Cape Town’s existing liquid bulk terminal for a 25-year concession period. The brownfield site comprises a tank farm with eight storage tanks offering a combined storage capacity of about 44 430 m³, including an adjacent storage warehouse and administration building.]]></description>
            <author>Terence Creamer</author>
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            <title>Opinion: Equitable Fossil Fuel Transitions matter for inclusive development</title>
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            <description><![CDATA[In this opinion article written jointly by Harald Winkler and Andrew Marquard, the case is made for Equitable Fossil Fuel Transitions, whereby equity and justice are structurally integrated into the transition away from fossil fuels.]]></description>
            <author>Terence Creamer</author>
            <category>ENERGY TRANSITION</category>
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            <title>Goldman says global oil stocks approaching eight-year low, depletion speed a concern</title>
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            <description><![CDATA[Global oil stocks are approaching their lowest level in eight years, Goldman Sachs said on Monday, warning that the speed of depletion was becoming a concern as supplies through the Strait of Hormuz remained restricted. Oil prices jumped about 6% on Monday after Iran hit several ships in the Strait of Hormuz and set a UAE oil port ablaze, as President Donald Trump's attempt to use the US Navy to free up shipping provoked the biggest escalation since a ceasefire was declared four weeks ago. O/R]]></description>
            <author>  Reuters</author>
            <category>OIL</category>
            <pubDate>Tue, 05 May 2026 09:11:00 +0200</pubDate>
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        <updated>1777966747</updated>
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