Oil & Gas

The name change, announced on 20 July, reflects a strategic shift to broaden LPGSA’s mandate

Deep-water port development comprising two berths; one dry bulk export berth and one break bulk berth, supported by 550 km railway line.

Dr. Phindile Masangane is the newly appointed Chief Executive Officer of the South African upstream oil and gas regulatory authority, Petroleum Agency South Africa (PASA).

After discussion with our partners in South Africa and key stakeholders in the oil and gas community, we have made a collective decision to reschedule Africa Oil Week 2020 to 1-5 February 2021.

The new facility will be located near the mining town of Postmasburg in the Northern Cape, South Africa. The project currently needs R6-million to determine the project's bankability

The RBIDZ is a Special Economic Zone that aims to encourage international competitiveness through world-class infrastructure as well as tax, VAT and duty-free incentives to qualifying investors.

Bidvest Tank Terminals has constructed the R1-billion storage facility for Petredec, which trades, transports and distributes LPG and other commodities.

While long-standing stalwarts like the mohair sector and the automotive industry continue to thrive, the province’s two Special Economic Zones hold the key to expanding and diversifying the Eastern Cape’s economy.

Oil demand is normally correlated with the global economic cycle but is now fraught with uncertainties thrown up by an entirely new set of factors.

There has been a ray of hope: a landmark production-cut agreement among OPEC, OPEC+ and G20 stakeholders on April 12 put an end to the oil price war.