International stocks drop as oil near $105 fuels inflation fears
A surge in oil sent shivers through risky assets Tuesday, reversing an early recovery in American stocks and sending some European markets down 4%....
TotalEnergies makes large oil discovery off Namibia
Operator TotalEnergies has made a significant discovery of light oil and associated gas off the coast of Namibia, the company said on Thursday, 24...
What is SAQCC Gas?
SAQCC Gas is Non Profit Company that has been formed by the four (4) Member Associations to establish a central database which displays details...
Fuelling South Africa’s Gas Revolution
It is no secret that there is a global shift towards smarter and greener energy use. While still predominantly relying on coal, South Africa...
How the UPRDB is fueling SA’s economic potential
On 24 December 2019, the first iteration of the Upstream Petroleum Resources Development Bill ("UPRDB") was published for public comment. The UPRDB introduces a...
Outlook 2022: Global oil markets
The outlook for oil prices is positive as we go into 2022, with limited new supply but growing demand.
Price of oil may...
Shell hits oil and gas in Namibian offshore well
Shell has made a significant oil and gas discovery at an closely-watched offshore well in Namibia which could spark a wave of investment in...
First LNG Delivery to South Africa
SOUTH Africa received its first shipment of liquified natural gas recently, making what is being promoted as a turning point in the efforts to...
Helium: South Africa strikes new ‘gold’
IN a grassy plain in South Africa, once the world's largest gold producer, prospectors have stumbled upon a new treasure: helium.
Popularly known for birthday...
Gas gensets to power new residential development
AMID the incessant energy crisis in South Africa, Energas has seen a growing appetite for gas-to-power solutions as property developers are increasingly looking for...
Petrochemicals Oil & Gas News
Petrochemicals Oil & Gas News on Cape Business News (CBN) highlights developments in the production, regulation, and sustainability of petrochemical products. CBN provides insights into market trends, environmental concerns, and technological advancements in refining processes. This sector’s news is vital for industries that depend on petrochemicals, from plastics to pharmaceuticals, offering updates that inform decisions on sourcing, production, and environmental responsibility.