In the News

OptiPower and Abengoa JV win a R1.2 billion solar contract for a South African mining company, marking a significant shift towards renewable energy in the industry.

Oil prices fell $1 per barrel following a significant revision of U.S. jobs data, sparking fears of economic slowdown and adding to global market uncertainty.

Consol Energy and Arch Resources merge to form Core Natural Resources, a $5 billion coal giant aiming to expand its influence in fast-growing Asian markets.

South Africa’s renewable energy projects hit 133GW in 2024, stressing the urgency for grid upgrades and infrastructure investment.

WEG Africa completes a durable substation E-house for Sasol’s Mozambique project, boosting energy production.

Sasol extends gas supply from Mozambique’s fields to June 2027, using the period as a bridge to transition towards liquefied natural gas imports.

Exxon and Chevron clash in arbitration over Hess’s Guyana oil assets, with the valuation of these assets playing a key role in the $53 billion Chevron-Hess merger.

Goldman Sachs forecasts Brent crude prices could fall to $68 per barrel by 2025 due to weakened oil demand in China, as the country’s economic slowdown continues to impact global …

Africa’s renewable energy potential is spotlighted as leaders gather in Namibia to attract crucial investments for sustainable power projects.