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S.Africa

S.Africa
2019, February, 13, 11:30:00

AFRICA ENERGY COOPERATION SUMMIT MARCH 2019

The Regional Energy Co-operation Summit: East will take place from 27-29 March 2019 in Addis Ababa, Ethiopia. The meeting will unite regional governments from Kenya, Uganda, Tanzania, Rwanda and Ethiopia, leading utility and regulatory companies from the region as well as international financiers, donor organisations, power developers to focus on what is needed to unlock investment in energy and infrastructure for regional growth and development.

S.Africa
2019, February, 11, 10:20:00

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.

S.Africa
2019, January, 14, 11:05:00

U.S. NUCLEAR FOR AFRICA

ISSUES - Yet the United States still has an opportunity to help interested African nations overcome the obstacles to realizing their energy ambitions. Whereas Russia and China have large government investments in a few advanced nuclear technologies, the United States has a robust and thriving private sector for advanced nuclear development, drawing on both decades of public research and development and a high-tech investment ecosystem. From large national laboratories to small venture-backed start-ups, the United States has over 50 firms working on a diverse portfolio of advanced nuclear designs, many targeting smaller or niche markets.

S.Africa
2019, January, 11, 11:40:00

FAST ENERGY GROWTH

U.S. EIA - Energy consumption in Asia, the Middle East, and Africa continues to grow rapidly, with about 20% growth in each region between 2010 and 2016, according to newly available data in EIA’s International Energy Statistics database. In particular, energy consumption has been increasing in the Middle East and Africa, driven by economic growth, increased access to energy markets, and quickly growing populations. Energy consumption in Asia grew even as energy consumption in China declined between 2015 and 2016.

S.Africa
2018, December, 29, 13:55:00

IMF FOR ANGOLA: $3.7 BLN

IMF - The oil endowment allowed Angola to rebuild critical infrastructure, and progress has also been achieved in reducing poverty. Still, much remains to be done to reduce the economy’s dependence on oil and its vulnerability to oil price fluctuations so that enough resources can be made available to improve living standards for all the Angolan people.

S.Africa
2018, December, 3, 11:35:00

SOUTH AFRICA'S NUCLEAR

WNN - Energy infrastructure is a critical component of South Africa's National Development Plan (NDP), which was published in 2011 and identifies the need for investment in a strong network of economic infrastructure designed to support the country’s medium- and long-term economic and social objectives. The IRP plays a crucial role in contributing to the objectives of the NDP, the Committee said in its report.

S.Africa
2018, November, 23, 12:20:00

INDIA'S OIL IMPORTS UP TO 5 MBD

PLATTS - India's crude imports surged to 5 million b/d in October to register the highest monthly inflows in more than seven years as refiners rushed to ship in cargoes amid doubts on whether New Delhi would win a waiver on Iran.

S.Africa
2018, November, 22, 10:35:00

SOUTH AFRICA'S LAGGING

IMF - Some of the negative effects of the changing external environment are already being felt in South Africa despite its economic resilience.

S.Africa
2018, September, 26, 09:25:00

U.S. OIL EXPORT RECORD

U.S. EIA - Crude oil surpassed hydrocarbon gas liquids (HGL) to become the largest U.S. petroleum export, with 1.8 million barrels per day (b/d) of exports in the first half of 2018. U.S. crude oil exports increased by 787,000 b/d, or almost 80%, from the first half of 2017 to the first half of 2018 and set a new monthly record of 2.2 million b/d in June.

S.Africa
2018, September, 21, 10:20:00

WORLD OIL DEMAND: 100.23 MBD

OPEC - Total oil demand for 2018 is now estimated at 98.82 mb/d. In 2019, world oil demand growth is forecast to rise by 1.41 mb/d. Total world oil demand in 2019 is now projected to surpass 100 mb/d for the first time and reach 100.23 mb/d.

S.Africa
2018, September, 13, 14:00:00

NUCLEAR POWER NEEDS INVESTMENT

IAEA - Overall, the new projections suggest that nuclear power may struggle to maintain its current place in the world’s energy mix. In the low case to 2030, the projections show nuclear electricity generating capacity falling by more than 10% from a net installed capacity of 392 gigawatts (electrical) (GW(e)) at the end of 2017. In the high case, generating capacity increases 30% to 511 GW(e), a drop of 45 GW(e) from last year’s projection. Longer term, generating capacity declines to 2040 in the low case before rebounding to 2030 levels by mid-century, when nuclear is seen providing 2.8% of global generating capacity compared with 5.7% today.

S.Africa
2018, August, 29, 10:10:00

SOUTH AFRICA NUCLEAR STATIC

WNN - A draft updated Integrated Resource Plan (IRP) approved by South Africa's cabinet on 22 August sees the country's nuclear capacity remaining at its current 1830 MWe over the period to 2030. Energy Minister Jeff Radebe yesterday released the plan for public comment.

S.Africa
2018, August, 6, 13:00:00

MOZAMBIQUE'S GDP UP TO 3.75%

IMF - The Mozambican economy is recovering gradually. Real GDP growth reached 3¾ percent in 2017—¾ percentage point higher than projected by Fund staff in the last Article IV consultation—supported by a stronger-than-expected recovery in agriculture and significantly higher mining production.

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