Category: South Africa

Argentina doesn’t endorse final G20 document in Johannesburg

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BOGOTÁ, COLOMBIA (By Ana Sanches, Energy Analytics Institute, 22.Nov.2025, Words: 221) — Argentina did not endorse the final document circulated during the G20 Leaders’ Summit in Johannesburg.  This decision by Argentina stems from the breakdown of the consensus rules governing the G20’s operations, as well as from substantive differences regarding […]

EAI brief: BRICS group growing to include more “Global South” countries [declaration]

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SALVADOR, BRAZIL (By Pedro Silva, Energy Analytics Institute, 6.Jul.2025, Words: 114) — Leaders from the BRICS countries will participate in the XVII BRICS Summit held under the theme: “Strengthening Global South Cooperation for a More Inclusive and Sustainable Governance” and taking place from 6-7 Jul. 2025 in Rio de Janeiro, […]

TotalEnergies, Masdar and EPointZero to Drive Clean Energy Access in Africa and Asia

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HOUSTON, TEXAS (Editors at Energy Analytics Institute, 17.Feb.2025) — Abu Dhabi Future Energy Company PJSC – Masdar, TotalEnergies and EPointZero, the decarbonization arm of 2PointZero, a global investment platform, signed a Framework for Action (FFA) agreement to drive access to clean energy in emerging markets and developing economies in Africa […]

‘Micro-Documentaries’ Sound the Climate Alarm for Global South at COP29

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(Rockefeller Foundation, 11.Nov.2024) — As part of Human Development, Children and Youth, Health, and Education Day at the United Nations Climate Change Conference in Baku, Azerbaijan (COP29), a new series of micro-documentaries highlighting the effects of the climate crisis and its disproportionate impact on the Global South has been released, […]

Petrobras Reports on South African Operations

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(Petrobras, 1.Oct.2024) — Petrobras informs that its Board of Directors has approved the company’s operations in South Africa, enabling the acquisition of a stake in the Deep Western Orange Basin (DWOB) block, through a competitive process conducted by TotalEnergies. The DWOB block is located in deep waters in the Orange […]

Eco Atlantic Completes Farm Down in Block 3B/4B Orange Basin South Africa

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(Eco Atlantic, 30.Aug.2024) — Eco (Atlantic) Oil & Gas Ltd. announced completion of a farm down of a 13.75% Participating Interest in Block 3B/4B offshore the Republic of South Africa (“the Block”) and Transfer of Operatorship of the Block after receipt of the requisite regulatory approvals (Section 11) from the government of South Africa (“Completion”). […]

African Energy Week Targets Equitable Energy Future

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(African Energy Chamber, 10.Jun.2024) — The upcoming African Energy Week (AEW): Invest in African Energy conference will feature a Just Energy Transition (JET) Summit, bringing together African energy policymakers, industry leaders, community representatives and global investors to develop actionable solutions for building a sustainable energy future. The Summit will discuss […]

Getech Teams up with HyAfrica in Africa

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(Getech, 14.Nov.2023) — Getech, a locator of subsurface resources, has signed an agreement with LIAG (Leibniz Institute for Applied Geophysics), a partner in the HyAfrica consortium, to accelerate the exploration and development of natural hydrogen resources in Africa. The project aims to discover viable natural hydrogen (also called white and geological […]

EAI’s NRGBriefs: Oct. 2023

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(Energy Analytics Institute, 31.Oct.2023) — Energy briefs as well as others related to finance and projects during October 2023 including Vista‘s third quarter 2023 earnings presentation; the long-awaited Citgo Petroleum auction; Colombia’s first seabed allocation competitive process for offshore wind energy; former Trinidad and Tobago energy minister Kevin Ramnarine on […]

Africa’s $800bn Upstream Investment Cycle

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(WoodMac, 18.Oct.2023) — The African upstream oil and gas sector is in the middle of an US$800bn capital expenditure (capex) programme that will see liquified natural gas (LNG) emerge as a major investment theme alongside traditional deepwater oil according to Ian Thom, Upstream Research Director at Wood Mackenzie. Speaking at […]

South African Energy Minister Makes the Case for Oil & Gas Investment

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(Energy Capital Power, 10.Oct.2023) — South Africa’s Minister of Mineral Resources and Energy Gwede Mantashe called for the unified and continued development of Africa’s oil and gas resources during an event in Cape Town on Tuesday. Citing Africa’s rich hydrocarbon and critical mineral endowments and frontier discoveries in Namibia, Ivory Coast and […]

An African Gas Renaissance En Route to a ‘Just Energy Transition’ [PDF Download]

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(The Oxford Institute for Energy Studies, 5.Sep.2023) — The impact of the Russia-Ukraine war on the natural gas trade, inter alia, continues to be felt well beyond Europe’s borders. As the accelerated decarbonisation of the world’s economies is being pushed forward, Europe’s unexpected interest in alternative sources of gas imports […]

Africa Energy Announces 2Q:23 Results [PDF Download]

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(Africa Energy Corporation, 11.Aug.2023) — Africa Energy Corp. (TSXV: AFE) (Nasdaq First North: AEC) announces financial and operating results for the three and six months ended June 30, 2023.  OUTLOOK The Block 11B/12B1 joint venture has applied for the Production Right and is contemplating an early production system (“EPS”) for a phased development of […]

Welligence Reveals LNG Outlook to 2030

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(Welligence Energy Analytics, 7.Jul.2023) â€” Our LNG outlook report, published this week to clients, reveals key insights into the industry’s future. Can the LNG market overcome increasingly scarce supply, adapt to more concentrated production, embrace progressively floating infrastructure and meet Net Zero pressures? Growing LNG competition from Asian importers will keep gas prices elevated, averaging over US$13/MMbtu in Europe, […]

TotalEnergies Inks Renewable PPAs with Sasol and Air Liquide

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(TotalEnergies, 23.Feb.2023) — TotalEnergies has signed Corporate Power Purchase Agreements (CPPA) with Sasol South Africa and Air Liquide Large Industries South Africa for the supply of 260 MW capacity of renewable electricity over 20 years.  TotalEnergies will develop a 120 MW solar plant and a 140 MW windfarm in the […]

EAI’s NRGBriefs: Feb. 2023

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(Energy Analytics Institute, 23.Feb.2023) — Energy briefs as well as others related to finance and politics during February 2023 including Repsol commenting on improvement of prospects for operations in Venezuela; earnings updates and webcasts from Pemex, Noble Corporation, bp, Repsol and TotalEnergies; Venezuela reactivates first drilling rig, the PDVEN-778, in […]

Gold Fields’ Operational Performance FY:22

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(Gold Fields, 15.Feb.2023) — Gold Fields Limited (JSE: GFI) (NYSE: GFI) has met production and cost guidance for FY 2022. FY 2022 operational performance Attributable gold equivalent production for FY 2022 is expected to be 2,399koz, a 3% increase YoY (FY 2021: 2,340koz), exceeding the guidance range (upgraded in August 2022) of […]

Energy Analytics Institute’s NRGBriefs: November 2022

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(Energy Analytics Institute, 30.Nov.2022) — Energy briefs as well as others related to finance and politics during November 2022 including Brazilian oil giant Petrobras launching its strategic plan for 2023-27; US Secretary of State Antony Blinken welcoming resumption of Venezuelan-led negotiations in Mexico City between the ruling party and opposition […]

South Africa: TotalEnergies Responds to Bloom and The Green Connection

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(TotalEnergies, 22.Nov.2022) — In response to an open letter from Bloom dated 17 October 2022 concerning TotalEnergies‘ gas exploration project in South Africa, Patrick PouyannĂ©, Chairman and Chief Executive officer of TotalEnergies, wrote today to Bloom and The Green Connection. The content of Patrick PouyannĂ©’s letter is provided below: “I […]

Gold Fields Ltd. Advises on Headlines EPS

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(Gold Fields, 4.Aug.2022) — Gold Fields Limited (JSE,NYSE: GFI) advises that headline earnings per share for the six months ended 30 June 2022 (H1 2022) are expected to range from US$0.56-0.60 per share (US$0.11-0.15 per share higher), which is 24% to 33% higher than the headline earnings of US$0.45 per share reported for the six months ended 30 […]

NRGBriefs: Venezuela’s Oil Minister on Oil Market Stability and Supply

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(Energy Analytics Institute, 31.Mar.2022) — Energy briefs including the US Energy Department saying it is ready to execute the president of the United States’ authorization of an immediate release of 1 million barrels per day for 6 months from the Strategic Petroleum Reserve; and Trinidad and Tobago NGL Limited (TTNGL) […]

NRGBriefs: TotalEnergies and APA Corp. Report Suriname Find

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(Energy Analytics Institute, 21.Feb.2022) — Energy briefs including TotalEnergies and APA Corp. reporting another significant find offshore Suriname in Block 58; APA Corp. announcing 4Q:21 financial results and planning a conference call to discuss the results; US sanctions on Russia and its ties with Venezuela; PDVSA President AsdrĂșbal ChĂĄvez travelling […]

Mainstream Renewable Raises €90mn To Accelerate New Market Entries

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(Mainstream Renewable, 29.Nov.2021) — Mainstream Renewable Power raised €90mn in additional funding to accelerate new market entries and the build-out of gigawatt-scale wind and solar assets across Latin America, Africa and the Asia Pacific region. The capital increase raised €90mn from Mainstream’s current shareholder base, including Aker Horizons, which maintained its 75% stake in the […]

Mainstream To Deliver 1.27GW For South Africa

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(Mainstream, 29.Oct.2021) — Global wind and solar company, Mainstream Renewable Power announces that twelve of its projects have won preferred bidder status in Round 5 of South Africa’s Renewable Energy Independent Power Producer Procurement Programme (REIPPPP). The wind and solar projects, which have a total capacity of 1.27 GW, represent […]

Gold Fields Welcomes NERSA Approval Of Solar Plant

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(Gold Fields, 25.Feb.2021) — Gold Fields Limited welcomes the electricity generation licence approved today by the National Energy Regulator of South Africa (NERSA) for the construction of a 40MW solar power plant at its South Deep mine. The acting CEO of NERSA now has to authorise the license, a decision […]

Africa Oil Inks Deal For New Block In South Africa

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(Africa Oil Corp., 4.Nov.2020) — Africa Oil Corp. (AOI) announced that Impact Oil & Gas Limited has entered into two agreements for exploration areas offshore South Africa. The company has a 31.10% shareholding in Impact, a privately owned exploration company with a strategic focus on large scale, mid to deep […]

Africa Oil Reports Find In South Africa’s Block 11B/12B

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(Africa Oil Corp., 28.Oct.2020) — Africa Oil Corp. announced a significant gas condensate discovery on the Luiperd prospect located on Block 11B/12B offshore South Africa. This discovery follows the adjacent play-opening Brulpadda discovery in 2019, which proved a significant new petroleum province in the region. The company holds an indirect […]