CAPE TOWN, Nov 7 South Africa's Central Energy
Fund (CEF), partnering with Saudi Aramco, expects a proposed new
300,000 barrel per day crude oil refinery along South Africa's
east coast to come onstream by 2028, making it the region's
largest refinery, CEF's acting group chief executive said on
CAPE TOWN, Nov 7 Angola expects to announce the
winners of its 2019 oil and gas licence auction round in April
as part of a multi-year plan to boost declining output, a senior
executive at the National Agency of Petroleum, Gas and Biofuels
(ANPG) said on Thursday.
CAPE TOWN Somalia will announce plans in December for its first ever oil and gas licensing round, its oil minister said on Tuesday, as the frontier market looks to attract new investment after decades of civil strife.
CAPE TOWN, Nov 5 Somalia will announce plans in
December for its first ever oil and gas licensing round, its oil
minister said on Tuesday, as the frontier market looks to
attract new investment after decades of civil strife.
CAPE TOWN/MOSCOW South Africa's national oil company PetroSA and Russia's state geological company Rosgeologia are in talks to finalize a $359 million farmout deal to give Russia its first foothold in a prospective oil and gas field offshore South Africa, three sources said.
CAPE TOWN South Africa is investigating criminal syndicates operating in the scrap metal, fuel and gold industries and responsible for value-added tax (VAT) and customs fraud estimated at "tens of billions of rand" a year, the tax commissioner said on Thursday.
* Gross debt seen rising, Mboweni warns of debt trap
(Adds more details, analysts comments)
JOHANNESBURG South Africa's Democratic Alliance (DA) leader Mmusi Maimane resigned as head of the main opposition party on Wednesday after four years at the helm, citing difficulties making the traditionally white liberal party appeal to majority black voters.
* Government to reveal energy plan on Friday
(Recasts with Eskom acting CEO comments)
CAPE TOWN New currency controls enforced by the Bank of Central African States (BEAC) could ruin the oil and gas industry in the Gulf of Guinea and "destroy" Equatorial Guinea's economy, the country's oil minister told Reuters on Wednesday.