Oil
Engen, the 80% PETRONAS-owned South African downstream market leader, continues to register major successes in combating fuel loss at retail service stations, as part of its five-year Spill Intervention Programme (SIP). At a cost of ZAR373-million, the company’s far-reaching SIP programme places it among the world’s most environmentally aware oil companies, believes Engen’s Retail Engineering and Construction Manager Pat McKune.
Monday, 20 April 2009 08:50

Africa Oil & Gas congress

30 July and 1 August see the Africa Oil & Gas Congress 2007 event being held at the Cape Town International Convention Centre under the banner Africa’s crucial forum on the exploration and production of the continent’s oil and gas assets.
Monday, 20 April 2009 08:48

Peak oil – reaction and news

A lot has been published and said about ‘Peak Oil’ in the past months, especially since the sharp increase in crude oil prices.
Monday, 20 April 2009 08:48

The increasing oil price

Crude oil prices behave much as any other commodity, with wide price swings in times of shortage or oversupp1y.
Thursday, 16 April 2009 15:44

Sasol Four on the cards?

As the first issue of 25º in Africa hit the streets, Sasol was holding preliminary discussions with government over the possibility of building a fourth ‘fuel from coal’ plant in South Africa.
Thursday, 16 April 2009 15:43

Oil and gas found in Zambia

Until now, Zambia had no natural gas production or usage, and a national consumption of 12 250 barrels a day for which only a meagre 130 barrels per day were produced locally.

 

Thursday, 16 April 2009 15:43

Algeria’s GTL contract

South Africa’s national oil company PetroSA has stated that it is confident of winning a US$3-billion (ZAR21-billion) contract to establish a gas-to-liquid (GTL) project in Algeria.

 

Described as potencially a big boost to the US oil reserves, an oil discovery by the Chevron Corporation has bolstered prospects that petroleum companies will be able to tap giant reserves – estimated at billions of barrels – that lie far beneath the deep waters of the Gulf of Mexico.

 

Thursday, 16 April 2009 15:36

Peak Oil – Part 2

Is the modern banking system entirely dependent on cheap oil?

 

The people of the delta believe that the government and oil companies are the only ones to benefit from the oil exploration in their area.
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