Total returns to SA to drill offshore in JV with Canada and Qatar

Total’s return signals renewed investor confidence in the country, where exploration activity has been stalled by chronic policy uncertainty

Municipal debt to Eskom balloons to R17bn

The debt crisis has exacerbated Eskom’s weak financial position as it struggles to regain a sustainable footing

UAE inks deal with Italian group to boost gas output

Eni was granted a 25% stake in the multibillion-dollar project in the Hail, Ghasha and Dalma fields

South Korea shows interest after Toshiba scraps UK nuclear project

Project was to generate 7% of UK electricity and create tens of thousands of jobs

Sasol goes for more gas in Mozambique

Sasol may now explore an area of over 3,000km² in southern Mozambique, and is also part of a successful bid to explore an area of 5,145km² further north in the ...

Good winds fail to lift Gaia’s profit

The company says the Noblesfontein wind farm produced more electricity than expected due to better-than-forecast weather conditions

Eskom running out of steam to meet energy needs

Eskom needs an average of 75% of its plants available to dispatch electricity over a year

African oil and gas is ready to ‘take on tomorrow’, says PwC

PwC’s Africa oil and gas review found new discoveries and mergers and acquisitions are few and far between, but the industry is on the verge of a turnaround 

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Old issues deter new investment in African oil and gas

African nations will struggle to be cost competitive

Renergen seeks greener grass on Australian Stock Exchange

The decision to list on the ASX was motivated by several advantages it would offer

Montauk to switch primary listing to the Nasdaq

Pittsburgh-based Montauk Holdings says Nasdaq listing will be achieved through a corporate restructuring to form a new company, Montauk Energy

Oando profits soar on back of high oil price

The company, which is listed in Nigeria and Johannesburg, said profits after tax for the nine months to September rose to 10.4-billion naira

Lemur Holdings steams ahead on Madagascar coal IPP

Lemur Holdings steams ahead with coal IPP for Madagascar, which lags behind its peers in electrification 

Eskom is no longer on Fitch’s negative watch list

Eskom says this affirms its significant progress in improving the company’s liquidity health and resolving corporate governance challenges

Crude mega-refinery worth $15bn on the cards for the Eastern Cape

Mestosync Energy has announced a plan to build a crude oil mega-refinery and petrochemical industrial complex that will produce 400,000 bpd

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WATCH: Now Eskom wants a 15% tariff increase

Hasha Tlhotlhalemaje, general manager of regulations at Eskom, talks to Business Day TV

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