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Stark warning for SA coal industry as renewables gain ground

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THE world is transitioning away from coal and South Africa needs to keep up and turn its sights to renewable energies, according to a...

Oil boils as drone attacks on Saudi facility stokes supply fears

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THE drone attacks on a Saudi Arabian oil facility over the weekend and the subsequent geopolitical unease have triggered a risk off move in...

Afrox breathes easy on SA medical gases supply contract

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Leading gases supplier Afrox posted a 7% increase in headline earnings per share to 111.3 cents and declared a cash dividend of 55c per...

Uranium miner Paladin raises A$30.2m through share issue

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LIFTING a trading halt, Australian-based global uranium miner Paladin Energy announced it has received binding commitments from investors to subscribe for a total of...

Expected oil surplus could force new Saudi oil minister to cut...

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COMPETITION in the oil market is getting tougher, which could lead to an oil surplus and lower prices, the International Energy Agency said in...

Eni, Sasol get green light to explore controversial KZN basins

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TO fast-track Operation Phakisa to unlock the economic potential of South Africa’s oceans, the Department of Mineral Resources has granted environmental authorisation to two...

Water boost for Kibo’s Tanzanian project   

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THE Johannesburg- and London-listed power producer Kibo Energy says is has successfully renewed ahead of schedule the water rights granted in August last year...

Renergen eyes new helium reserves at Virginia gas project

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HELIUM and gas producer Renergen has appointed a well drilling contractor to drill a horizontal well for its Virginia gas project to establish a...

Mossgas could run out of gas by end 2020 – CEF

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THE Central Energy Fund on Tuesday painted a bleak picture of South Africa’s gas outlook, telling lawmakers that SA’s Mossgas, one of the world’s...

SA will soon know new owners of Optimum Coal, Koornfontein mines

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BUSINESS rescue practitioners (BRPs) have narrowed the final list of bidders for Optimum Coal and the Koornfontein mine to five and the winners are...