South Africa

BMI View: Chevron's entry into South Africa's nascent shale gas market follows the country's lifting of a moratorium on fraccing. With significant shale gas potential and a government... 2012-12-19

BMI View: Sinopec's involvement in the Coega refinery ends PetroSA's long search for a partner to help finance the refinery's construction. Given Coega's location, we expect the refinery... 2012-05-22

BMI View: The announcement of a Memorandum of Agreement between General Electric and PetroSA is a result of the US energy giant's aggressive global oil and gas services expansion strategy... 2011-09-27

BMI View: PetroSA's exploration bid off the Cape coast puts South Africa's attempt to develop domestic resources under the spotlight. As the country's import bill grows and shale gas... 2011-09-13

BMI View: A new report by local members of parliament urges the cabinet to act and brings the Mthombo refinery project closer to reality. Despite significant financial and environmental... 2011-08-15

We expect a lengthy moratorium on South African shale gas exploration, with the government likely to await the results of investigations into fraccing in the US before lifting the ban.

The South African energy ministry is considering introducing tighter fuel standards by 2013, with full implementation by 2017, in a move that would force the country's top refineries... 2011-03-09