WINDHOEK – In a decisive move that echoes a growing continental push for resource sovereignty, Namibia has officially adopted a new National Upstream Petroleum Local Content Policy (NUPLCP) that mandates a minimum of 51% Namibian ownership in oil and gas service companies-with a strict sub-quota of 30% reserved for Historically Disadvantaged Persons. The policy, launched…
Minin capital could hit ZAR6bn in 2027 Sasol has outlined a plan to reduce external coal purchases from 8.8 Mt in 2026 to between 5–7 Mt in 2027, with a longer-term goal of sourcing 34 Mt internally by 2028. The company’s Secunda Operations are expected to sustain output of 7.2–7.4 Mt annually, supported by improved gasifier availability and a…
The US energy storage market deployed a record 6.7GW/20.2GWh of battery storage in Q2 2026, more than double the previous quarter, according to the latest US Energy Storage Market Outlook from SEIA and Benchmark Mineral Intelligence. Utility-scale projects dominated, accounting for 17.9GWh, including seven projects of at least 1,000MWh in Arizona, California and Utah. Of…
IEA Executive Director Fatih Birol: BRICS Nations Prioritise Coal for Domestic Stability The latest International Energy Agency (IEA) World Energy Investment Report (2025) reveals a global energy landscape in flux. While record investments surge into clean energy, a crucial nuance is the continued, even expanding, role of coal in major economies like China and India….
South Africa is intensifying its efforts to overhaul its energy infrastructure amidst growing concerns over an impending “gas cliff” that threatens significant economic disruption and job losses. Recent government announcements highlight a two-pronged strategy focusing on boosting gas-to-power (GtP) capacity and expanding liquid fuel import and storage facilities. However, these initiatives are unfolding against the…
In a landmark move towards sustainable transportation, South Africa has officially enacted a 150% tax incentive for the production of electric and hydrogen vehicles. Signed into law on January 3, 2025, the legislation is expected to unlock approximately $27 billion in investments, significantly boosting the country’s nascent electric vehicle (EV) industry. The ambitious initiative aims…
A global decline in lithium battery pack prices, as recently announced by BloombergNEF, could make electric vehicles (EVs) more affordable in emerging markets like South Africa. Despite struggling to attract investment from battery mega factories, South Africa is poised for a significant shift towards clean mobility. With over 13 million internal combustion engine (ICE) vehicles…
Australia’s Syrah Resources saw its stock plummet by approximately 30% on Thursday after the company declared a force majeure at its Balama graphite mine due to escalating civil unrest in Mozambique following contested election results. Syrah Resources stands out as the largest graphite producer outside of China, offering one of the few non-Chinese sources of…
A groundbreaking study by Meridian Economics reveals that battery energy storage can be a game-changer for South African businesses, unlocking significant cost savings and a more sustainable energy future. This report, published on the first week of December 2024, highlights the financial viability of investing in behind-the-meter batteries, emphasising their potential to reduce energy costs…
The recent departure of Floyd Shivambu, a key figure in the establishment and policy narrative of the EFF, has ignited a flurry of analysis. Regrettably, most of the analysis glossed over the nuanced dimensions of his political perspective. Rather than delving deeper, some observers have opted to draw parallels between Shivambu and party president Julius…
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