South Africa steps up fight to contain oil spill from grounded ship By Reuters July 29, 20249:01 AM PDTUpdated July 29, 2024 ...

South Africa gave approval for its new state-owned oil company to start operating, but the business will exclude some operations of predecessor PetroSA because they’re not financially viable.

South Africa's National Treasury is expecting to receive 4 billion rand ($223.2 million) from the sale of more crude oil from the country's strategic reserves in the fiscal year that ends in March ...

Located at Sasolburg, South Africa, the Natref refinery has a capacity of 108,500 barrels of oil per day, and supplies the main South African inland market in the Johannesburg area.

South Africa plans to expand oil and gas operations, with recent approvals for TotalEnergies' drilling activities. The country aims to reduce coal reliance, which currently powers 80% of its ...

TotalEnergies has been looking to explore for oil and natural gas in Block 5/6/7, located offshore the southwest coast of South Africa, between Cape Town and Cape Agulhas.

According to Business Insider, South Africa relies on imports to meet 60% of its oil demand. South Africa has already imported an estimated 4.2 million tons of refined petroleum products in the ...

Shell Plc SHEL faced a legal setback in South Africa. Its appeal to overturn a judgment that blocked an offshore oil exploration had been dismissed by South Africa's Supreme Court of Appeals.

Jonathan Or, CEO of Beyond Oil, commented: "We are excited to enter the South African market, a key step in our broader global expansion strategy. South Africa represents a significant opportunity ...

Africa Oil holds 15.02% interest in Eco. Post deal close, the company will hold an 26.25% (operated) interest in Block 3B/4B, subject to and, on the receipt of the government's approval for the ...