South Africa

KEY POINTS The Petroleum Products Retail Outlets Association of Nigeria, PETROAN, has directed its members across the country to immediately inspect their fuel dispensing meters following concerns raised by the …

KEY POINTS Dangote Petroleum Refinery has reduced the gantry price of Premium Motor Spirit, commonly known as petrol, from ₦1,350 to ₦1,325 per litre following a decline in global crude …

KEY POINTS Italian energy company Eni has signed a new agreement with Venezuela’s state-owned oil company, PDVSA, to take operatorship of the Junin 5 oil field in the country’s Orinoco …

KEY POINTS South Africa’s power utility Eskom has safely taken Unit 1 of the Koeberg Nuclear Power Station offline following a turbine trip early Thursday morning. Eskom said the unit …

KEY POINTS Oil prices stabilised on Tuesday after falling sharply in the previous session, as investors weighed the possible impact of expanded US sanctions on Iran against the risk of …

Johannesburg’s mayor promised residents the lights are staying on but no signed deal with Eskom has been made public and the legal process continues.

ExxonMobil has signed a preliminary deal to supply LNG to South Africa’s Zululand Energy Terminal, the country’s first planned LNG import facility.

Eskom and Zululand Energy Terminal have signed a heads of agreement that brings South Africa’s first LNG import terminal and a 3,000MW gas plant closer to reality.

Eskom has named Thyspunt on South Africa’s Eastern Cape coast as the preferred site for its proposed 5,200-megawatt nuclear power station.

South Africa will cut its fuel levy for one month to ease rising pump prices, offering temporary relief to consumers amid increasing global energy costs.