South Africa Archives | Ibe Kachikwu

14th February 2022

Cyril Ramaphosa Calls for Increased Investment in South Africa’s Upstream

On February 10, President of South Africa, H.E. Cyril Ramaphosa, delivered his sixth State of the Nation Address in Cape Town, the country's legislative capital. Ramaphosa stated that the government...

28th November 2021

DNG Energy Receives South Africa’s First LNG Shipment Ahead of its FSU Commissioning in 2022

DNG Energy, a natural gas infrastructure company, has announced the arrival of South Africa's first-ever LNG shipment from Rotterdam, the Netherlands. The cargo shipment serves as a forerunner to DNG...

21st October 2021

South African Development Bank Secures $210 Million Loan for Green Energy Development

Pacific Investment Management Company (PIMCO) would lend the Development Bank of Southern Africa (DBSA) $210 million for green energy development, according to the United Nations Economic Commission for Africa (UNECA)....

15th September 2021

South Africa to Announce Bid Winners for REIPP program by the End of Next Month

H.E. Gwede Mantashe, South Africa's Minister of Mineral Resources and Energy, said last week that the Ministry will announce the preferred bidders for the acquisition of 2,600MW under the Renewable...

10th September 2021

Sasol and CEF Sign MoU for Natural gas Development in South Africa

The Central Energy Fund (CEF) and Sasol, an integrated energy and chemical company, have signed a Memorandum of Understanding (MoU) to accelerate natural gas development in South Africa. The agreement...

9th September 2021

South Africa Considers the Possibility of Carbon Capture Technology for Greener Energy

Eskom, the state-owned energy utility in South Africa, is exploring using carbon capture technology at a number of its coal-fired power facilities, pending financial sustainability. With the government pursuing cleaner...

5th August 2021

South Africa Increases Fuel Prices for August

The South African Minister of Mineral Resources and Energy, Gwede Mantashe, announces adjustment of fuel prices based on current local and international factors with effect from the 4th of August...

11th May 2021

DMRE South Africa Announces Reduction of Petrol Price for May

The Department of Mineral Resources and Energy, South Africa, has announced that the price of petrol will reduce by nine (9) cents a litre in May. The reason for this...

5th May 2021

UK-based Matrix Petroleum Targets the Namibian Petroleum Sector

Matrix Petroleum, which is currently operating in South Africa, Zambia and Zimbabwe, is hoping to break into the Namibian market in a year or two, as part of its African...

21st April 2021

Panoro Energy Completes Farm-in to Block 2B Offshore South Africa

After receiving the necessary government approval, Panoro Energy has announced that it has closed the previously announced farm-out agreement (FOA) on Block 2B offshore South Africa. Last year, the company...