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S.Africa

S.Africa
2019, August, 23, 10:40:00
ROSNEFT IN MOZAMBIQUE
Rosneft Oil Company and the National Petroleum Institute (Instituto Nacional de Petróleo, INP) have signed a Cooperation Agreement. The document was signed by Chief Executive Officer of Rosneft Oil Company Igor Sechin and Chairman of INP Carlos Zacarias. In addition, Rosneft has signed a Memorandum on Expansion of cooperation in Mozambique with the National Hydrocarbon Company (Empresa Nacional de Hidrocarbonetos, ENH).
S.Africa
2019, July, 5, 11:30:00
U.S., VENEZUELA, CUBA SANCTIONS
The United States has targeted Cuba’s state-run company Cubametales as part of its Venezuela-related sanctions, according to a notice posted on the U.S. Treasury Department’s website on Wednesday.
S.Africa
2019, June, 19, 11:05:00
ANADARKO, MOZAMBIQUE LNG
Anadarko Petroleum Corporation (NYSE: APC) and the co-venturers in Mozambique's Offshore Area 1, announced a Final Investment Decision (FID) on the Anadarko-led Area 1 Mozambique LNG project. This official declaration of FID confirms the Area 1 Plan of Development is now effective with notice provided to the Government of Mozambique that all conditions precedent have been fulfilled, and the project can now advance to the construction phase.
S.Africa
2019, June, 13, 15:45:00
IMF TO ANGOLA $1.24 BLN
Angola’s three-year extended arrangement was approved by the IMF Executive Board on December 7, 2018, in the amount of SDR 2.673 billion (about US$3.7 billion at the time of approval), the equivalent of 361 percent of Angola’s quota
S.Africa
2019, June, 11, 09:40:00
SAIPEM LNG FOR MOZAMBIQE $6 BLN
Saipem, in joint venture with McDermott International and Chiyoda Corporation, has reached agreement with Area 1 concessionaires on an EPC contract to engineer and construct an onshore LNG project in Mozambique.
S.Africa
2019, May, 6, 12:00:00
MOZAMBIQUE'S LNG PROJECTS
With estimated gas reserves of over 5,000 Bcm, Mozambique has attracted three LNG projects with total capacity of more than 30 million mt/year and $50 billion capex development, with commissioning expected between 2022 and 2025.
S.Africa
2019, April, 5, 09:35:00
MOZAMBIQUE'S GDP UP 3.25%
Mozambique's real GDP growth decelerated to 3¼ percent in 2018, but it was broader based, with non-mining growth accelerating to 2¾ percent in 2018, from 2 percent in 2017.
S.Africa
2019, March, 25, 10:45:00
NUCLEAR WITH RUSSIA
South Africa's former president Jacob Zuma has defended his lobby for a proposed R1tn nuclear energy deal with Russia, saying it would have solved the country’s electricity crisis.
S.Africa
2019, March, 20, 10:15:00
SOUTH AFRICA'S NUCLEAR POWER
South Africa must consider nuclear as a clean energy source that can be part of its electricity generation mix, Energy Minister Jeff Radebe said yesterday in his keynote speech at a business awards ceremony.
S.Africa
2019, March, 20, 10:05:00
PETROBRAS WILL SELL $10 BLN
Brazilian state-led oil producer and refiner Petrobras expects to ramp up its divestments in the near term, with a series of deals expected to close by the end of April, according to Chief Executive Roberto Castello Branco.
S.Africa
2019, March, 11, 11:30:00
Government of Ethiopia to launch the 2nd National Electrification Program during East Africa conferences this March
The co-located ‘Africa Energy Forum: Off the Grid’ and ‘Regional Energy Co-operation Summit’ meetings taking place in Addis Ababa from 27 – 29th March welcome the launch of the updated version of Ethiopia’s National Electrification Program (NEP 2.0), presented by the Government of the Federal Democratic Republic of Ethiopia.
S.Africa
2019, February, 25, 11:52:00
21ST AFRICA ENERGY FORUM ANNOUNCES MAJOR REBRANDING
Annual meeting for decision-makers in Africa’s energy community launches new brand identity to better represent core values of innovation, integrity and stakeholder collaboration
S.Africa
2019, February, 25, 11:20:00
POWERING AFRICA SUMMIT FEBRUARY 2019
The 5th Powering Africa: Summit (PAS) will take place for the first time in Miami from the 25-27th February 2019.
S.Africa
2019, February, 6, 10:30:00
MOZAMBIQUE LNG FOR CHINA
PLATTS - US-based Anadarko Petroleum has agreed to sell 1.5 million mt/year of LNG from its planned 12.9 million mt/year Mozambique LNG project to China's CNOOC for a period of 13 years.
S.Africa
2019, January, 21, 11:30:00
SAUDI ARABIA INVESTMENT $10 BLN
ENCA - Saudi Arabia's planning to build an oil refinery and a petrochemicals plant in South Africa. It's part of a $10-billion (R138-billion) investment in the country.