Top 5 Largest Oil and Gas Projects in Africa by Investment
While accounting for roughly eight percent of global oil production in 2020, Africa is home to massive untapped natural resource wealth, with a view...
More gas, less talk, more action
THE recent announcements that the IDC will be investing as a shareholder, anteing up R70-million for a 45% share in an SPV with a...
“Africa’s greenfield opportunity”
Global trends unearthed and analysed indicate that the chemicals sector is increasingly being driven by Environmental, Social, and Governance (ESG) considerations. It also indicates...
Shell UK to invest up to £25 billion in the UK energy system
SHELL UK has unveiled plans to invest £20 to 25 billion (R500bn) in the UK energy system over the next 10 years.
More than 75%...
Some eye-watering numbers from the world’s largest oil producer.
SAUDI Arabia’s Aramco’s net income increased by 124% to $110.0 billion in 2021, compared to $49.0 billion in 2020. The increase in net income...
Renergen chooses DAF to drive LNG revolution
AHEAD of commissioning of the first phase of its Virginia Gas Project, Renergen Limited’s subsidiary, Tetra4, the holder of South Africa’s first and only...
Skyrocketing fuel prices cannot solely be blamed on the Ukraine war, economist says
Momentum Investments economist, Sanisha Packirisamym, says the ongoing conflict between Russia and Ukraine is largely to blame for skyrocketing fuel prices, however, she says...
The role of gas as a transition fuel in South Africa’s path to net-zero
THE recently released report “The role of gas in South Africa’s path to net-zero“ - was researched by the National Business Initiative (NBI), Business Unity South Africa (BUSA)...
Equatorial Guinea strives to become a frontrunner
WITH reserves of over 1.1 billion barrels of oil and 1.5 trillion cubic feet of natural gas, the small but formidable nation of Equatorial...
Multibillion-dollar pipeline to expand intra-African gas trade
NIGER, Algeria and Nigeria signed the ‘Declaration of Niamey’ during the third edition of the Economic Communities of West African States (ECOWAS) Mining and...
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.