TotalEnergies signs agreement to develop Kwanza basin blocks 20 and 21 in Angola
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1y ago
The Angolan Agência Nacional de Petróleo, Gás e Biocombustíveis (ANPG), Sonangol Pesquisa e Produção and diversified energy subsidiary TotalEnergies EP Angola have signed a heads of agreement related to the future development of the Cameia and Golfinho fields, located on Blocks 20 and 21 in the Kwanza basin. This is an important milestone towards a final investment decision, which is expected this year, after partners and authorities’ approval, TotalEnergies said on May 3 ..read more
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Patented technology improves sustainability of plant
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1y ago
Water treatment solutions provider Veolia Water Technologies’ patented solutions for wastewater treatment and biogas production are now in service at dairy company Pınar Süt’s factory in İzmir, Türkiye. This allows the company to meet new discharge legislation and achieve its environmental commitments, reducing carbon emissions by 17% and generating substantial savings on natural gas.  ..read more
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Successful project promotes local gas economy
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1y ago
With Phase 1 of the Virginia gas project – in the Free-State – having been a watershed for South Africa’s gas economy, Phase 2 of the project is expected to catapult South Africa to becoming one of the largest helium-supplying countries globally, amid a global shortage of helium. Pioneered by natural gas and helium producer Renergen, CEO Stefano Marani describes the Virginia gas project as being the “bedrock for growing South Africa’s liquefied natural gas (LNG) industry”, with Phase 1 having already brought in two major blue-chip clients – Italtile subsidiary Ceramic Industries and glassmaker ..read more
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Local gas projects support gas economy
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1y ago
South Africa’s significant natural gas reserves and extensive gas infrastructure exemplify the country’s potential to develop a natural gas industry, says research and strategy firm Birguid senior associate Patience Panashe. She says this potential is made visible in various local gas projects, such as State-owned oil and gas company PetroSA’s offshore producing gasfield located in the Bredasdorp basin, in the Western Cape ..read more
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Congo’s landlocked oil lacks options as Total says pipeline full
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1y ago
The Democratic Republic of Congo’s vision of earning billions of dollars in revenue from dozens of landlocked oil blocks will remain distant without a connection to a lone export route to be operated by TotalEnergies. Over the last decade, Congo has watched eastern neighbor Uganda discover and develop significant oil fields while some of its own most promising resources were left untouched. Now, the country risks missing out on the best chance to bolster its petroleum industry if it can’t secure access to the planned East African Crude Oil Pipeline that will connect landlocked reservoirs to gl ..read more
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Green Connection mulls appeal of TotalEnergies’ approval to drill on southwest coast
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1y ago
Nonprofit organisation The Green Connection has described the Department of Mineral Resources and Energy’s (DMRE’s) decision to grant TotalEnergies Exploration and Production South Africa environmental authorisation to conduct exploratory drilling off the southwest coast, as irresponsible. The organisation may decide to appeal the decision ..read more
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Petrefuel to Acquire Royale Energy
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1y ago
Petrefuel Holdings, a subsidiary of Petredec Onshore, is set to acquire 100% of Royale Energy, with the current shareholders of Royal Holdings opting to take up a 15% share in the jointly merged entities. The agreement is subject to the fulfilment of certain suspensive conditions that are expected to be completed by the end of August ..read more
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Sasol scrambles to run on gas and hydrogen in South Africa
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1y ago
South Africa’s second-biggest emitter aims to be among the continent’s biggest buyers of renewable energy – but for now Sasol remains firmly tied to fossil fuels. The company that made its name producing synthetic fuel and chemicals from coal, aims to reach net zero by 2050. That plan has been criticized as vague by activists and unrealistic by some analysts. The Organisation of Petroleum Exporting Countries' recent surprise production cut may also spur some energy companies to revisit their green goals in light of higher oil prices, which largely determine the value of Sasol’s products ..read more
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