The government has announced the creation of a new state-owned oil and gas company South African National Petroleum Company ...

South Africa has launched a state-owned oil conglomerate, SANPC, to consolidate its hydrocarbons sector, reduce energy imports, and attract billions in foreign investment amid a deepening power crisis ...

Sasol signed an agreement to settle legal disputes with South African rail, port and pipeline company Transnet, leading to a net payment of $238.8 million. The South African chemicals-and-energy group ...

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Mineral and Petroleum Resources Minister Gwede Mantashe has indicated that he wants the newly launched South African National ...

Argentina's exploitation of the Vaca Muerta shale formation is driving a significant increase in oil and natural gas ...

Barclays (LON:BARC) has upgraded Repsol (BME:REP) to Overweight while downgrading Equinor ASA (OL:EQNR) to Equal Weight, as ...

After several months in Venezuelan custody, U.S. Air Force veteran Joseph St. Clair was released Tuesday and handed over to President Donald Trump’s diplomatic envoy, Richard Grenell, in a deal that ...

South Africa will wait for global oil prices to rise to around $100 a barrel before selling more of its strategic crude ...

Sasol to improve coal quality to sustain profitability and limit emissions Secunda output to exceed 7.4 million tons/year by 2028 Renewable and gas investments to support decarbonization targets Sasol ...

Behind OPEC+'s plan to ramp up oil output and punish over-producing allies, group leaders Saudi Arabia and Russia are pushing ...

BW Offshore and BW Energy have announced that operations and maintenance (O&M) of the floating, production, storage and ...