Category

Energy

Dec 02
40
amersfoort 5mw gas to power

South Africa: Licence Approved for Amersfoort 5MW Gas-to-Power Project

By | Energy, Resources & Renewables | No Comments

  • Amersfoort Gas-to-Power project set to kick off following Korhaan project drilling success and licence approval.
  • International certifiers Sproule engaged to undertake maiden gas reserve assessment.
  • Exploration is set to continue with the drilling contract secured and site approval completed.

Australian stock exchange listed Kinetiko Energy (Kinetiko or the Company), a gas explorer and developer focused on advanced shallow conventional gas and coal bed methane (CBM) opportunities in South Africa, has confirmed drilling success and licence approval at its Amersfoort gas to power project operations.

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Nov 16
7
port jackson securities webinar

EY Sustainability – Renergen CEO Stefano Marani on the benefits of natural gas production

By | Energy, Resources & Renewables | No Comments

Stefano Marani is the CEO of Renergen, an emerging integrated renewable energy producer in South Africa.

Marani was an Executive Director at Morgan Stanley for over five years before becoming a Partner at Kigeni Holdings in 2009. He then became the CEO of Tetra4, a natural gas producer that provides sustainable, clean energy solutions, in 2014.

Marani took on his current CEO role at Renergen, Tetra4’s parent company one year later.

In this EY Sustainability interview, Marani joins Michael Avery to discuss the benefits of natural gas production in South Africa – such as how it can drive economic growth. Marani unpacks Renergen’s remarkable journey from discovering helium reserves almost a decade ago to becoming South Africa’s only natural gas provider today.

Nov 13
41
same climate policies at COP27

Pushing the same old climate policies at COP27 is simply insane

By | Energy, Resources & Renewables | No Comments

After decades of failure to curb emissions, let’s accept that capitalist investment is not the problem: it’s the solution

“Insanity is doing the same thing over and over again and expecting different results.” This famous quote – often misattributed to Albert Einstein – might very well become the unofficial motto of the UN Climate Change Conference in Egypt, the 27th session of the Conference of the Parties (Cop27).

Global CO₂ emissions have kept increasing since the world’s nations first committed to rein in climate change at the Earth Summit in Rio de Janeiro in 1992.

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Nov 13
7
kinetiko ceo interview

Kinetiko Energy “getting real” heading into 2023 as drilling points to new reserves

By | Energy, Resources & Renewables | No Comments

Kinetiko Energy Ltd’s (ASX:KKO) chief executive Nick de Blocq tells Thomas Warner about his plans to ramp up Kinetiko’s operations dramatically during the new year.

“The market is wide open” for the gas Kinetiko is drilling for at its project areas in South Africa, he says, with great opportunities in areas adjacent to the current sites.

One new hole, ER270, is especially exciting, he adds, as it is pointing to deeper reserves, higher pressures and greater flow rates.

 

Nov 04
4

Mantashe pushes for oil and gas production

By | Energy, Resources & Renewables | No Comments

JOHANNESBURG – Mineral Resources and Energy Minister Gwede Mantashe is pushing for Oil and Gas to be produced in South Africa.

The groundwork has been done.

He says the government will request proposals to explore shale gas in the Karoo. “Our transition will be sustainable if we access Oil and Gas on our shores,” he said.

“We will issue a request for proposals to explore that gas now.”

Nov 03
38
amersfoort gas-to-power

Kinetiko sets its sights on southern Amersfoort gas well after completing key core hole

By | Energy, Resources & Renewables | No Comments

The company’s next core well — 270-06C — is ready for spudding in the far south, where the well’s deeper basement broadens the potential for thicker gassy zones.

Kinetiko Energy Ltd (ASX:KKO) has closed the books on a gas and coal bed methane drilling campaign at core hole 271-23C in energy-hungry South Africa.

The energy stock hit significant gassy zones and up to 247 metres worth of gas-bearing geological sequences during the drill campaign, which intersected the hole’s targeted carbonaceous geology.

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Oct 07
43
port jackson securities webinar

Renergen says R1bn Central Energy Fund deal is on track

By | Energy, Resources & Renewables | No Comments

SA’s only onshore gas production right holder, Renergen, is now producing 1,000GJ liquid natural gas (LNG) daily. That is expected to more than double by the first quarter of next year, it said in a voluntary update on Friday.

Renergen produces LNG in Virginia, Free State. The field is said to have one of the world’s highest helium concentrations.

The Central Energy Fund (CEF), responsible for securing SA energy security, aims to pay R1bn for a 10% stake in Renergen’s subsidiary Tetra4, which wholly owns the Virginia Gas Project.

 

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Sep 20
42
Andre de Ruyter SA Gas

Eskom CEO sees SA gas as key in transition from coal

By | Energy, Resources & Renewables | No Comments
‘We want to be a customer and nothing more’ – Andre de Ruyter.
Eskom favours burning more domestically sourced gas as it transitions away from coal, its Chief Executive Officer Andre de Ruyter said.

With the structure of the nation’s demand changing and more renewable technology being added to the grid, additional storage in the form of batteries will be needed along with power that can be dispatched on demand, De Ruyter told a conference in Cape Town on Friday.

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Sep 07
40
kinetiko ceo interview

The demand for gas in South Africa

By | Energy, Resources & Renewables | No Comments

Kinetiko Energy Limited (ASX:KKO) CEO Nick de Blocq discusses the South African energy market and the role of gas in the clean energy transition.

Tim McGowen: We’re talking today with Kinetiko Energy (ASX:KKO), which is an Australian gas explorer focused on advanced shallow conventional gas and coalbed methane opportunities in the rapidly developing markets in South Africa. It has an ASX code of “KKO”, market cap around $42 million. We have with us Nick de Blocq, who is the company’s CEO. Nick, thanks for your time. Welcome to Australia.

Nick de Blocq: Well, thanks very much, Tim. I’m delighted to be here, in fact, to share the story of what we’re doing in South Africa with our Australian friends. It’s a wonderful, wonderful opportunity.

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