Views: Visits 2 The Upstream Petroleum Resources Development Bill calls for the state to take a 20% stake in exploration and production ventures, and proposes the creation of a new state-owned enterprise (SOE), the State Petroleum Company. Given South Africa’s track record on SOEs, what could go wrong? The Upstream Petroleum Resources Development Bill was approved last week by Cabinet and it is not clear when it will be tabled in Parliament. It comes in the wake of gas finds off South Africa by France’s Total and against the backdrop of a rise in risk aversion among big oil and gas producers faced with a global drive towards renewable energy sources, last year’s price collapse and violent flare-ups such as the jihadist attacks in northern Mozambique.
The Upstream Petroleum Resources Development Bill calls for the state to take a 20% stake in exploration and production ventures, and proposes the creation of a new state-owned enterprise (SOE), the State Petroleum Company. Given South Africa’s track record on SOEs, what could go wrong?
Legislative delays plague South Africa s upstream pemedianetwork.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pemedianetwork.com Daily Mail and Mail on Sunday newspapers.
Social licences and community rights: An assessment of the Xolobeni community
The Xolobeni community refers to a group of people from five coastal villages on South Africa’s Wild Coast who have been resisting plans to exploit world-class deposits of titanium-bearing minerals on a section of this coastline for almost fifteen years. Over this time, they have become organized (the Amadiba Crisis Committee leads local resistance to the mine), garnered support, and used public interest litigation under South Africa’s Constitution to advance their cause: The recognition of community vision and rights in relation to mining, sustainability, development and land.
NSDV welcomes Muhammed Khan as senior associate
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NSDV announced today that
Muhammed Khan has joined the Mining and Environmental Law Department as a Senior Associate. Muhammed has extensive experience in advising clients on their rights and obligations under several pieces of legislation impacting the mining and petroleum industries in South Africa.