14 May 2021 15:37 GMT Updated 14 May 2021 15:37 GMT in London South Africa’s government has given the go-ahead for the draft of its much-needed and long heralded upstream oil and gas bill to go before parliament. According to a statement published on Thursday on the website of President Cyril Ramaphosa, his cabinet approved the submission of the Draft Upstream Petroleum Resources Development Bill to parliament. This bill — which will replace part of the existing Minerals & Petroleum Resource Development Act — aims to provide a legislative and regulatory framework that is conducive to investments, growth and job creation. ENERGY EXPLORED: SUBSCRIBE TO ACCELERATE Gain valuable insight into the global oil and gas industry's energy transition from