Oil & Gas

South Africa warns oil firms to increase black ownership

South_Africa_oil_firms_warned_re_black_ownership_-_Dipuo_PetersA number of oil firms risk losing their licence to operate in South Africa after a government audit revealed their failure to adhere to state-mandated black ownership regulations

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Aker Solutions to expand footprint in MENA region

Aker_Solutions_comNorway-based Aker Solutions has announced that it will acquire NPS Energy from Dubai's National Petroleum Services

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Chevron helps boost literacy in South Africa

Western Cape Education Minister, Donald Grant, and Vincent Raseroka, Chairman of Chevron South Africa, along with Du Noon Primary School pupilsOil company, Chevron South Africa, has funded a new US$67,000 library at Du Noon Primary School in Cape Town, which opened recently

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Gas boom offers 'great opportunities'

africa_2012“Growth projections for oil and gas in Southern and East Africa are the best they have ever been,” said Nick de Blocq, Business Development Manager at Schlumberger East and Southern Africa. “The region holds a treasure trove of opportunities for local oil and gas sectors.”

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US$600mn refinery bolsters Zambian government drive

Zambia_govtA US$600mn oil refinery is to be established in Ndola on the Zambian Copperbelt under a public private partnership to augment the government’s efforts to find a long-term solution to high fuel prices and shortages

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