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Top News In அப்ஸ்ட்ரீம் பெட்ரோலியம் வளங்கள் வளர்ச்சி ர சி து Today - Breaking & Trending Today

'The world and South Africa is watching. Why hasn't...

'The world and South Africa is watching. Why hasn't...
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SA oil law seen unlikely to be approved until 2022

SA oil law seen unlikely to be approved until 2022
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Breaking News | Africa: South Africa's Upstream Petroleum Bill Proposes New SOE, 20 Percent State Stake And BEE Rules

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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. ....

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South Africa's upstream petroleum bill proposes new S...

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? ....

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'In talks for acreage': South African junior iMbokodo zones in on debut domestic deal

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