Oil & Gas

MERA to close non-compliant filling stations in Malawi

Dec 4, 2019

The Malawi Energy Regulatory Authority (MERA) has issued a stern warning to filling station owners and operators that their businesses risk closure if they do not comply with minimum standards and regulations. MERA chief executive officer, Dr Collins Magalasi, issued the warning in an interview on the sidelines of the fuel retailers’ sensitisation workshop in…

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South Africa’s petrol price set to rise

Dec 4, 2019

Motorists will have to dig even deeper into their pockets at the pumps, as the petrol price is set to go up by 22 cents a litre. The Department of Mineral Resources and Energy announced a 22 cents increase in both grades of petrol, namely 93 (ULP and LRP) and 95 (ULP and LRP) respectively.…

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December fuel price in Namibia to remain unchanged

Dec 4, 2019

The Mines and Energy Ministry announced that the fuel pump prices for December will remain unchanged unchanged, after the global oil market supply and demand remained relatively steady throughout the month of November. The price for 95 Octane Unleaded Petrol will stay at N$13.05 per litre, while, Diesel 50ppm will remain at N$13.63 per litre.…

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SASOL partners Danish firm to obtain gas-to-liquids production license in South Africa

Dec 4, 2019

The South African energy company Sasol has just entered into a partnership with its Danish counterpart Haldor Topsoe, with a view to obtaining a gas-to-liquids technology license (GTL) in South Africa. The association aims to produce diesel, kerosene and naphtha from natural gas. The agreement between the two parties also covers the emerging field of liquid hydrogen.…

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Asking prices for Angolan crude slip, demand still robust

Dec 3, 2019

High price expectations by sellers of Angolan crude oil appeared to cool somewhat as some grades of January loading cargoes slipped on Monday. Sonangol’s cargo of heavy, sweet Dalia crude oil, offered at a premium of $3.50 compared to dated Brent last week, was marked down to $3.00 on Monday. Heavy, sweet crude oil valued…

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VAALCO places Etame 9H development well on production off Gabon

Dec 3, 2019

VAALCO Energy has provided an update on its 2019/2020 drilling program Offshore Gabon. Highlights Successfully completed Etame 9H development well including approx. 1,000 feet of horizontal section in Gamba reservoir; Brought onto production at a stabilized flow rate of 5,500 gross barrels of oil per day (BOPD), 1,500 net BOPD to VAALCO, with no H2S; Due…

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Niger’s parliament calls on Minister to address high cost of fuel

Dec 3, 2019

At the National Assembly, the deputies called on the Minister of Petroleum, Foumakoye Gado, on fuel prices in Niger. People’s elected officials believe that hydrocarbon prices are still quite high compared to other producing countries in the sub-region, such as Nigeria. It should be remembered that in Niger, the liter of gasoline is sold at the…

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Development and exploitation plan submitted for Sangomar field off Senegal

Dec 3, 2019

FAR Limited, as part of the Rufisque Sangomar and Sangomar Deep (RSSD) joint venture has advised that the final Sangomar Field Development and Exploitation Plan was submitted to the Government of Senegal, in Dakar on 2 December 2019. The Development and Exploitation Plan outlines the full field multi-phase development of oil and gas and details how the Sangomar Field…

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Total signs gas import agreement with Gigajoule for Mozambique power plant

Dec 2, 2019

The French oil and gas company Total, and the South African Gigajoules group, signed an agreement in Maputo on Wednesday for the import of the liquefied natural gas (LNG) that will be needed for a major gas-fired power station planned for Beluluane, on the outskirts of the Mozambican capital. There is heavy irony in the…

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One million Algerian vehicles to be equipped in LPG kits by 2023 – Minister

Dec 2, 2019

Minister of Energy Mohamed Arkab said Sunday in Algiers that the State has mobilized all the means to equip by 2023, one million vehicles in Liquefied Petroleum Gas fuel kit.   Source: Algerie Presse Service

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