GE Energy announced today that it has signed a 15-year service agreement with South African oil and gas company Sasol. Under the agreement, GE Energy will provide around-the-clock monitoring and diagnostics of Sasol’s new power plant in Secunda, which could help ease South Africa’s energy crisis.
South Africa, which has Africa’s largest economy, is in the [...]

The Shenhua Ningxia Coal Industry Group and its partner Sasol, today signed a contract with Foster Wheeler International Corporation and Wuhuan Engineering Company to carry out the Feasibility Study for an 80 000 bbl/d coal to liquids (CTL) plant at the Ningdong Chemicals Base in the Ningxia Hui Autonomous Region of China.
The Ningdong base is [...]

DIVERSIFIED and specialist chemical services group Omnia, which yesterday posted a 30% increase in headline earnings per share to 724,5c for the year ended March, said there was significant potential for its mining division to expand into Africa.
CEO Rod Humphris said: “We remain particularly bullish on prospects for coal and uranium mining as a host [...]

A 12-day-long strike at Sasol Mining in Secunda has come to an end with both Sasol and employees represented by the newly recognised United People’s Union of South Africa (Upusa) trade union agreeing that work would resume on Thursday afternoon.
An estimated 2 000 employees, or one-third of the Sasol Mining workforce, embarked on the strike [...]

BOTH the rand and the dollar gold prices are stagnating at around their current levels, but the demand for industrial resources continues at a brisk pace. Lead, for example has gained 66% since mid-June and nickel almost 200% in the past 12 months. The chart shows that over the past 18 months, the basic minerals [...]

High fuel prices and renewed emphasis on energy independence could have consumers pumping gasoline made from coal in the not-too-distant future.
It’s not a pie-in-the-sky dream, researchers say, but proven technology pioneered in Germany and utilized in South Africa for more than 20 years.
Coal-to-liquid plants are now being proposed across the U.S., and West Virginia is [...]