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India’s Nalco to bid for bauxite blocks at auctions, readies to foray into merchant mining
Published: 16 Nov 18
With various Indian state governments readying to put 21 bauxite mines up for allocation, State-run National Aluminium Company Limited (Nalco) will put in bids at the auctions for captive consumption and foray into merchant mining of the raw material. The 21 bauxite blocks will be auctioned by the governments of Jharkhand, Chhattisgarh and Madhya Prades.
Radebe hints at possible Saudi investment to boost South Africa's oil refining capacity
Published: 07 Nov 18
Energy Minister Jeff Radebe has called for a collaborative approach to attract investment in oil refining hubs throughout the continent and has hinted that Saudi Arabian investment in refining capacity in South Africa may soon become a reality. “In South Africa we believe the time has come for an expansion of refining capacity in addition to the modernization of existing ones. We are working very hard to entice investment into the energy sector. We want to attract investment into a new refinery in South Africa so that we are able to ensure that we are semi self-sufficient,” Radebe told Africa Oil Week in Cape Town.
Thermaspray brings 360° coating solutions with the introduction of Laser Cladding technology Has PDF
Published: 07 Nov 18
Thermaspray proudly introduces laser cladding technology in a bid to offer customers a 360° coating product and service solution. “As one of South Africa’s leading surface engineering specialists, we boast an extensive range of coating and welding solutions including thermal spray coatings, polymers and PTA cladding. So, the addition of laser cladding technology was simply a natural progression,” states Thermaspray’s Managing Director, Dr. Jan Lourens. “Our recent investment in a fiber-coupled diode laser makes us one of only a very few companies in South Africa with laser cladding capabilities and we are extremely excited to bring this technology to our customers.”
Oil, gas outlook positive amid tough conditions, says PwC review
Published: 07 Nov 18
The outlook for Africa’s oil and gas industry is positive, despite tough economic conditions and far fewer discoveries over the past year, PwC’s yearly 'Africa Oil & Gas Review' shows. The review indicates how the industry has responded in the wake of the recovery of the oil price to close to pre-collapse levels. The price had plummeted to $28/bl in 2013 before making its way up to its current level above $80/bl.
Eaton develops 10 000 operation switchgear for Shoprite’s warehouses
Published: 02 Nov 18
Shoprite Holdings commissioned engineering professional services firms WSP Africa to design a medium voltage (MV) power distribution system for its new Cilmor Distribution Centre, to provide reliable, continuous power to three large warehouses despite regular utility load shedding issues which were causing an average of two power outages a day. Shoprite also wanted a system which would limit the company’s environmental footprint, stay within project budget and minimise total cost of ownership.
Portable workshop solution usable for new mines
Published: 02 Nov 18
The CXT Explorer is a mobile field workshop that can be used when prospecting in the mining industry, says crane manufacturer Konecranes South Africa service, sales and marketing director John MacDonald. The Finland-developed CXT Explorer – a combination of a 6.3 t mobile overhead crane, travelling on a gantry, supported by two sturdy containers – makes for a fully equipped workshop that can literally be set up anywhere.
Encana to acquire shale oil producer Newfield for $5.5bn
Published: 01 Nov 18
After years of slimming down its oil and gas holdings, Canada’s Encana is reversing course with a $5.5-billion acquisition of a US shale producer in what will be the company’s biggest-ever deal. Encana agreed to purchase Newfield Exploration, which will give it positions in the Stack and Scoop shale fields in Oklahoma, the Bakken region of North Dakota and the Uinta play in Utah. The all-stock deal also will create North America’s second-largest shale explorer, the companies said in a statement on Thursday. Encana’s stock plunged the most on record.
Petrobras to sell stake in Africa unit to Vitol-led group for $1.5bn
Published: 01 Nov 18
Brazil's Petroleo Brasileiro SA will sell its 50% stake in a Nigerian oil and gas exploration venture to a consortium led by top oil trader Vitol for $1.53-billion, the latest step in the state-controlled oil company's debt reduction drive, according to a securities filing on Wednesday. The other 50% stake in Petrobras Oil and Gas BV, also known as Petrobras Africa, is owned by Brazilian investment bank BTG Pactual, which in a Wednesday filing confirmed a Reuters report that it would likely hang on to its portion after previously mulling a sale.
Load-shedding spectre returns as unplanned outages rise
Published: 01 Nov 18
The spectre of load-shedding, which has haunted South Africa and its economy since 2008, but has lifted somewhat in recent years, appears to have returned. State-owned electricity producer Eskom confirmed with Engineering News Online on Thursday that the system had become vulnerable once again, owing primarily to a rise in unplanned outages. The breakdowns are coinciding with an increase in scheduled maintenance, which is always planned for the low-demand summer months.
New research finds developing countries’ coal miners face ‘substantial risk inequality’
Published: 31 Oct 18
Coal miners in developing countries are likely to be exposed to health and safety risks more often than those working in advanced economies, new research has found. Researchers from Cardiff University, funded by the Institution of Occupational Safety and Health (IOSH), have found that a lack of resources in the mines they visited in India, for example, “impacted strongly” on the “substantial inequality in their risk profiles”.
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