Canadian pipeline company Pembina Pipeline Corp (Pembina) is throwing cold water on the idea of investing in the newly expanded Trans Mountain pipeline (TMX). The company’s chief financial officer, Cameron Goldade, expressed significant reservations during a recent earnings call.
In the News
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Shell’s oil exploration ambitions in South Africa are encountering potential roadblocks as the nation considers curbing its activities in response to the energy giant’s pivot away from fossil fuels. Recent…
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South Africa’s energy sector, a symphony of solutions emerges, highlighting the nation’s pursuit of a tech-agnostic approach to its energy mix. From renewable sources to traditional fuels, South Africa’s diverse…
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South Africa extends deadlines for its battery storage bidding rounds due to challenges in obtaining grid-access approvals, ensuring better preparation for energy providers.
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Nigeria dominates off-grid solar sales in West Africa, showcasing significant growth in renewable energy adoption across the region.
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The Organization of the Petroleum Exporting Countries (OPEC) is shifting its focus in oil market reporting. Instead of estimating demand for its own crude oil production, OPEC will now prioritize forecasts for demand from the wider OPEC+ group. This change reflects the growing importance of OPEC+ in managing global oil supply. OPEC+ is an alliance of major oil producers that includes Russia. The alliance has been working with OPEC since 2016 to coordinate production levels and stabilize oil prices.
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Sappi partners with Enpower Trading in a landmark renewable energy PPA, propelling its South African operations towards sustainability.
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Energy TransitionIn the News
Equites Transforms Distribution Center into Power Hub for Cape Town Office
CAPE TOWN (AP) — Equites Property Fund Limited has initiated a groundbreaking project aimed at revolutionizing energy consumption in Cape Town. The company has repurposed its distribution center into a…
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Eskom takes City of Johannesburg to court over a massive R1.073 billion unpaid bill, while the city alleges overcharging.
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U.S. gasoline and diesel demand have plunged to their lowest seasonal levels since the 2020 pandemic, according to new data. This slump is squeezing refining margins, threatening to disrupt two years of strong profits for refiners in the energy sector. The reasons behind the decline in demand are unclear, but it has significant implications for both refiners and consumers.