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Eskom to get new CEO soon

Jul 29 2014 13:09

Public Enterprises Minister Lynne Brown says a new Eskom CEO will be appointed in the next few weeks to replace Brian Dames, who stepped down in March.


BP quarterly profit tops expectations

Jul 29 2014 10:32

BP has posted a better-than-expected 34% rise in quarterly profit after raising output of higher-margin products and hiking liquids and gas prices.


Africa Oil, Tullow could seek Kenya oil partner

Jul 28 2014 20:00

Canadian explorer Africa Oil and its partner Tullow Oil are likely to bring in a third partner to help develop their oil discoveries in northern Kenya.


SA's Exxaro buys Total's coal assets

Jul 28 2014 15:09

Mining group Exxaro says it has acquired South African coal assets of Total as part of the group's programme focussing on its core activities.


UK allows conditional fracking in national parks

Jul 28 2014 09:02

Fracking will be allowed in British national parks in "exceptional circumstances", according to government guidelines.


Algerian Sonatrach energy boss fired

Jul 27 2014 12:30

Abdelhamid Zerguine, the head of Algeria's national oil and gas company has been relieved of his duties and replaced by his deputy, a report says.


BASF, gas business drives profits in Q2

Jul 24 2014 10:15

BASF, the world's biggest chemicals maker, says that profits have risen in the second quarter, driven by its oil and gas business.


Alstom reports strong rail activities

Jul 23 2014 12:30

French engineering group Alstom has reported sales and order figures which fit its strategy of selling energy assets to focus on rail equipment.


Dire economy knocks SABMiller Zim unit

Jul 23 2014 13:15

Delta Corporation, the Zimbabwe-based unit of SABMiller, has reported a 21% drop in first-quarter lager volumes due to a slowdown in consumer spending.


R100m investment shows confidence in SA not lost

Jul 23 2014 09:08

A Danish investment of R100m shows there are still international investors who have confidence in SA, despite all the strikes.


Daimler profit rises on strong Merc demand

Jul 23 2014 09:30

The German carmaker Daimler has reported Wednesday a rise in second-quarter profit thanks to strong demand for its luxury Mercedes-Benz cars.



Construction boom at Coega

Jul 23 2014 08:14

Seven companies are investing over R3bn at the Coega industrial development zone in the Eastern Cape, says the Coega Development Corporation.


Fracking process marred by 'ineptitude'

Jul 23 2014 07:55

An anti-fracking group has threatened a legal challenge to government's shale gas plans, saying the regulatory process has been marked by "patent ineptitude".

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