Tags Oil

Tag: oil

South Africa streamlines customs control

Growth on the cards for South Africa in 2015

Lower oil prices and a rise in domestic demand could fuel a modest rebound for South Africa's economy in 2015, the Oxford Business Group writes in its latest review.

South Africa could be swimming in opportunity

The republic is seeking ways to unlock the potential hidden in its oceans. Operation Phakisa has identified opportunities in aquaculture, ship building and maintenance, and fishing that will grow the blue economy. It is a strategy lead by The Seychelles and that requires continent-wide co-operation.

Sub-Saharan Africa set for 6.5% growth

Coega refinery licence granted

State oil and gas company PetroSA has been granted a manufacturing licence for its planned US$11-billion (about R101.4-billion), 400 000 barrel-per-day oil refinery at Coega in the Eastern Cape.
Shell opens Cape Town call centre

Shell opens Cape Town call centre

Oil multinational Royal Dutch Shell has opened a global call centre in Cape Town, which will be used to service the company's customers in Belgium, Netherlands and Luxembourg, with centre operators conversing with their clients in Flemish and Dutch.
SA's oil and gas operations hub

SA’s oil and gas operations hub

German manufacturing company MAN Ferrostaal has launched South Africa's first fabrication yard for oil and gas platforms at Saldanha Bay, positioning the country to take advantage of booming energy operations along Africa's west coast.
Oil reserves discovered in Zambia

Oil reserves discovered in Zambia

The Zambian government has announced the discovery of the country's first-ever reserves of oil and gas, opening up the possibility of an economic boom similar to that of neighbouring Angola, which is now Africa's second-largest oil producer.
SA

SA, Iraq to increase trade

South Africa and Iraq have resolved to strengthen political and trade relations, especially in the oil sector, and South Africa is seriously considering opening a mission in Baghdad, Deputy Foreign Minister Aziz Pahad said after meeting his Iraqi counterpart in Pretoria.

Oil production in South Africa

South Africa - an oil producing country? The opening of the Sable oil field, 150km southwest of Mossel Bay, has effectively tripled SA's oil production. Added to Sasol's coal-to-petroleum contribution, 45 000 barrels a day from Mossgas and 15 000 from PetroSA's two existing oilfields, it means that South Africa now produces roughly half of its petroleum needs.

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