Keaton bids R182m in part-share deal for Xceed
Keaton Energy has made an all-share offer for Australia's Xceed Resources principally for the firm's Moabsvelden project which borders Vanggafontein.
Shale gas, coal tipped as ‘game changers’
South Africa's government was increasingly relying on shale gas and construction of a third coal-fired power station as it seeks a way of avoiding a future energy crisis.
Eskom eases finance pressure with $1bn bond
Eskom has eased the pressure on its balance sheet raising $1bn in a bond from investors in Europe and the US in a much-needed fillip for the electricity utility.
Exxaro’s Thabametsi constrained by TFR
Exxaro's Thabametsi coal mine is being kept small - for the time being - because the firm is uncertain Transnet can provide it an outlet for more volume.
Political undertone to coal terminal plans
One view as to why South Africa's Transnet needs to build another new coal export lies in the government's interest in controlling flows of the fuel.
Exxaro, GDF SUEZ to build 600MW plant
Exxaro Resources is to build a 600MW power station in joint venture with France’s GDF SUEZ and will supply the venture with 3.8mtpa of coal from Thabametsi.
Gigaba to have Medupi shortfalls probed
No heads will roll at Eskom following the R10bn overrun at Medupi, but the utility has failed to retain its CFO Paul O'Flaherty who left the organisation today.
New tariff to force Eskom strategy rethink
Brian Dames, CEO of Eskom, said the utility would have to fundamentally re-engineer itself in order to address the halving of its proposed five-year tariff hike.
Hitachi claims Medupi contract on schedule
Hitachi Power Africa said its portion of work on Medupi's first unit was 97% complete and it was likely to complete the boiler by December as first scheduled.
Eskom faces Medupi cost surge as project delayed
Eskom's Medupi power station was likely to be delayed six months following labour and contractual delays sending the project's capital cost up 15% to R105bn.