PG&E says turning the power off prevented even more wildfires

A federal judge is trying to determine whether the power utility’s equipment is to blame for any of 2019’s wildfires in northern California

WATCH: Eskom on its expected full-year loss

Eskom CFO Calib Cassim talks to Business Day TV about the utility’s results

Fears abate as Saudi Aramco’s IPO is fully subscribed

A third of what’s likely to be the world’s largest share sale has been reserved for retail investors, who have been targeted by a Saudi ad campaign

Eskom projected to make a full-year loss of R20bn

‘We concede the Eskom turnaround remains a difficult and long journey,’ Eskom chair Jabu Mabuza says

Inverse condemnation puts paid to PG&E’s hopes of survival

Even though the California utility is investor-owned, a judge says the legal doctrine holds the utility liable for costs related to the fatal wildfires

Resolutions on climate change pass, and fail, at FirstRand AGM

FirstRand passed a resolution to adopt a policy on fossil fuel lending, but another to have the bank report its exposure to climate change risk failed

Sasol executives grilled at AGM

After a trying year, the synthetic fuels producer faced tough questions from disgruntled shareholders

Kuwait and Abu Dhabi to invest in Saudi Aramco IPO

Aramco has struggled to get an anchor investor for the IPO and has found little interest beyond the Gulf, forcing Saudi Arabia to scale back ambitions for the ...

Sasol will disclose its plans to do less harm to environment next year

But CEO Fleetwood Grobler and chair Mandla Gantsho stress that while Sasol acknowledges its effect on climate change, its actions needed to be balanced with ...

Petronas takes a hard pass on being part of Aramco’s IPO

Malaysia’s state oil firm says it won’t be taking part with Aramco yet to reveal any major foreign interest in its listing

Climate change may give Saudi Aramco that sinking feeling

Rising sea levels will affect its refinery infrastructure, while aridification poses a serious threat to midstream and downstream operations

Saudi Aramco’s giant IPO will bring investments and jobs, says king

The offering could value the company at up to $1.71-trillion as the energy giant looks to diversify away from oil

PG&E close to settling over equipment that sparked wildfires

The California power utility linked to fatal 2017 and 2018 wildfires is likely to pay more than $1.7bn in penalties for lack of equipment maintenance

Independent African energy company finds oil off Ghana coast

Springfield Group will announce two finds in the next few days

Aramco IPO values company at between $1.6-trillion and $1.71-trillion

Target valuation is a long way from Saudi prince's initial aim of $2-trillion

Power purchase agreements poised for their time in the sun

The removal of regulatory barriers is expected to further fuel a wave of demand for renewable installations in SA as power prices rise and supply grows ...


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