NEWS ANALYSIS: SinopecOil-Chevron SA merger is no ordinary case

Hilary Joffe looks at an unusual hearing, on an unusual deal

BL PREMIUM
Indian firms to buy stake in Abu Dhabi oil field

Abu Dhabi is looking for new partners at its offshore fields in the Persian Gulf

Loan pulled Eskom from brink of default, says PIC

Without the R5bn, Eskom’s going-concern status would have been jeopardised, says PIC CEO Dan Matjila

‘Mini black oil firms’ stand up to Sinopec

The branded marketers are concerned about the costs and consequences of rebranding their filling stations from Caltex to Sinopec

Limpopo’s coal-fired power station gets green light

Environmental groups vow to go back to court to stop the project, citing climate change and water-quality issues

How Sasol plans to focus on empowerment

No new investments until 2020 as company redirects funding to black shareholder scheme and new clients

Tribunal to tackle Eskom collusion

A R4.5bn tender-rigging case involving Eskom suppliers goes to the Competition Tribunal

Union takes aim at PIC and Gigaba after new Eskom bail-out

The Public Service Association says the Eskom ‘bail-out’ is a betrayal by the GEPF and PIC boards

Eskom gets advance on loan, allowing it to keep going till end-February

The PIC and GEPF have granted the ‘advance’, and Eskom has approached other lenders as the utility needs a total funding of R20bn

Qatar Petroleum buys 25% stake in oil and gas concession from Total

The drilling, which was forced to stop temporarily, will resume at the end of 2018 in the Outeniqua Basin, off the southern coast of SA

Eskom gets state approval to buy renewable power from independent producers

In May, Nersa agreed to investigate Eskom’s refusal to sign power purchase agreements with independent power producers

Fitch pushes Eskom deeper into junk territory

The rating agency cut the utility’s bonds to its third tier of sub-investment grade, days after it was downgraded by Moody’s

BP finds North Sea oil and gas at two separate wells

The discoveries were made in Capercaillie, which BP owns, and in Achmelvich, which is partnership between BP, Royal Dutch Shell and Chevron

Embattled Koko vows to fight suspension

Eskom executive Matshela Koko takes to Twitter to announce that new — as yet unspecified — charges have been brought against him

Brian Molefe appeals against court order to pay back R11m of package

Lawyers for the former Eskom CEO say minister Lynne Brown’s first affidavit submitted in the matter — that Molefe had not unilaterally resigned ...

Eskom’s chief information officer ‘permanently’ suspended pending an investigation

Sean Maritz, who was acting CEO until the appointment of Phakamani Hadebe, has been suspended ‘permanently’ amid allegations of ...

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Published by Tiso Blackstar and distributed with the Financial Mail on the last Thursday of every month except December and January.