Wednesday, 30 November 2011 09:16

House buying: petrol price influences decisions

According to a recent poll conducted by ooba, one of South Africa’s leading bond originators, almost three quarters of South Africans consider the price of petrol as a factor before making a property purchasing decision. This was revealed when 68% of respondents stated that they consider rising fuel prices when choosing a home.
Wednesday, 30 November 2011 09:15

Synergy for alternative energy

The Indaba Hotel in Fourways, Johannesburg, was the venue for the 4th annual Natural Gas Conference, which was held during September and organised by the South African Pipeline Gas Association (SAPGA) under the theme Evolving Energy Source.
Tuesday, 27 September 2011 09:30

Puma Energy buys five BP businesses

BP has announced that it has completed the sale to Puma Energy of its fuel-marketing businesses in Namibia, Botswana, Zambia, Malawi and Tanzania, with the latter being concluded on 1 September 2011.
This is the second article in a three-part series on shale gas in 25º in Africa, based on a report by PFC Energy. The first article (which appeared in Journal 4) focused on the hype around global shale-gas resources versus prospects for achieving US-scale production volumes in the future.
This is the first article in a three-part series on shale gas in 25º in Africa, based on a report by PFC Energy. The articles in Journal 5 and Journal 6 will be covering the need for a new baseline for global shale gas resources and challenges, as well as the increasing level of shale gas activity in different countries.
Spring Lights Gas, a company that markets gas to the energy sector, has successfully supplied piped gas in the KwaZulu-Natal area to a variety of industrial customers. The company recently entered into a new gas supply agreement with Newcastle Cogeneration LTD, a wholly-owned subsidiary of IPSA PLC, a UK independent power producer.
A KwaZulu-Natal based pipeline gas company, Spring Lights Gas, has entrenched itself into the energy market since its inception in 2002. The company has supplied piped-gas solutions to a variety of industrial customers in the region of south Durban and it is currently partnering with activist industrials in Pietermaritzburg, Newcastle, Richards Bay, Phoenix and Verulam.
Tuesday, 22 March 2011 14:23

PetroSA sketches gas strategy

PetroSA acting CEO Everton September told members of Parliament’s energy portfolio committee that its main concern is finding enough gas to keep its Mossel Bay gas-to-liquid refinery running. The plant currently produces approximately 5% of South Africa’s fuel needs, but its latest annual report shows that gas production from fields offshore in the southern Cape has declined over the past year.
New technology enables energy and cost reduction in the removal of carbon dioxide from natural gas under high pressure. This was the result of successful cooperation between the Japanese companies JGC Corporation and INPEX jointly with BASF SE. The performance of this new gas treatment technology enables a reduction of 25-35% in the cost of CO2 recovery and compression.
Despite significant progress in developing renewable and other alternative energy sources, and despite the US$35-billion liability that petroleum giant BP’s Deepwater Horizon spill caused early last year, deep-water drilling continues. In a report by financial advisory firm, Deloitte Touche Tohmatsu’s Global Energy & Resources group, entitled 2011 Oil & Gas Reality Check, Deloitte says that oil and gas will constitute most of the world’s energy supply over the next 25 years.
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