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Petroleum Oil and Gas Corporation of South Africa (PetroSA) Interim Chief Executive Officer (CEO) Joins African Energy Chamber’s G20 Forum Amid South African National Petroleum Company (SANPC) Formation, Operational Restructuring

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African Energy Chamber

PetroSA is currently seeking new investment partners to revitalize its gas-to-liquids refinery in Mossel Bay, South Africa

CAPE TOWN, South Africa, November 12, 2025/APO Group/ –Sesakho Magadla, Interim CEO of the Petroleum Oil and Gas Corporation of South Africa (PetroSA) will speak at the upcoming G20 Africa Energy Investment Forum – hosted by the African Energy Chamber (AEC) (https://EnergyChamber.org/) on November 21, 2025 in Johannesburg. As a follow-up to African Energy Week and a precursor to the G20 Leaders’ Summit, the forum provides a strategic platform for PetroSA to engage global investors as the company strives to revitalize legacy assets and advance fuel security across the country.

Magadla’s participation comes as the company undergoes a strategic restructuring, with the entity being incorporated into the newly-established South African National Petroleum Company (SANPC). The launch of the SANPC signals an important shift in South Africa’s oil and gas landscape and is expected to significantly improve the sector’s operational capacity and efficiency. The SANPC officially opened for business in April 2025 as a fully-fledged subsidiary of the Central Energy Fund (CEF), formed through the merger of three state-owned entities – iGas, PetroSA and the Strategic Fuel Fund – and operating under a lease and assignment model. The move allows the SANPC to lease select assets from the merging entities while isolating PetroSA’s legacy liability and the operational challenges at its gas-to-liquids (GTA) refinery in the Western Cape.

With the right investment and policy support, PetroSA can position the refinery at the heart of a diversified and resilient energy mix

For PetroSA, being incorporated into the SANPC enables the company to enhance its operational efficiency while making its assets more commercially viable. A key focus is the Mossel Bay GTL refinery which has been closed since 2020 due to lack of feedstock. When operational, the refinery produces high-value products from methane and condensate, including petrol, diesel, kerosene, propone and more. Work is currently underway with the support of the CEF to reinstate the facility and resolve its operational constraints, with the most pressing challenge being finance. While Russian gas giant Gazprom International secured a contract to revitalize the facility in 2023, the contract has since collapsed, underscoring the need for a new investment partner to restart operations. The G20 Forum offers a strategic platform for PetroSA to engage global investors, aligning its refinery revitalization plans with Africa’s broader natural gas and industrialization agenda.

“Natural gas has a critical role to play in South Africa’s energy future, not only as a cleaner, more efficient fuel but as a catalyst for industrial growth and energy security. Revitalizing the Mossel Bay GTL refinery represents more than just restarting an asset; it’s about building a bridge between South Africa’s upstream gas potential and its downstream fuel needs. With the right investment and policy support, PetroSA can position the refinery at the heart of a diversified and resilient energy mix that powers industries, creates jobs and strengthens national self-sufficiency,” states NJ Ayuk, Executive Chairman, AEC.

Through high-level dialogue and dealmaking, the G20 Forum supports PetroSA’s objective to attract capital for feedstock supply, infrastructure upgrades and downstream integration – all of which are key to ensuring South Africa’s sustained fuel supply, reducing reliance on imports and reinforcing the country’s resilience against global energy disruptions. The forum also offers a strategic opportunity for South Africa to engage international energy companies to advance offshore gas projects, most of which have been stalled due to environmental opposition. For the country’s energy future, the development of upstream natural gas – and its associated downstream infrastructure – represents a top priority, paving the way for enhanced fuel access and sustainable economic growth.

To register for the Forum click here (https://apo-opa.co/4oZJ0ZC).

Distributed by APO Group on behalf of African Energy Chamber.

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Angola Strengthens Global Investment Drive Across Oil, Gas and Mineral Resources

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With sweeping reforms across the extractive sector, Angola is entering a new phase defined by transparency, regulatory modernisation, value addition, and international partnership

LONDON, United Kingdom, May 8, 2026/APO Group/ –At a defining moment in Angola’s economic transformation, the Critical Minerals Africa Group (CMAG) (https://CMAGAfrica.com), together with the Government of Angola and the Ministry of Mineral Resources, Petroleum and Gas of the Republic of Angola (MIREMPET), will convene global investors, policymakers, and industry leaders in London for the Angola Oil, Gas & Mining Investment Conference on 14 May 2026.

 

More than a conference, this gathering represents a strategic international engagement at a time when Angola is actively reshaping its economic future and positioning itself as one of Africa’s most compelling destinations for long-term investment in natural resources, infrastructure, and industrial development.

With sweeping reforms across the extractive sector, Angola is entering a new phase defined by transparency, regulatory modernisation, value addition, and international partnership. The country’s leadership is sending a clear message to global markets: Angola is open for investment and ready to build transformational partnerships that support sustainable growth and economic diversification.

This is not simply about resource development, it is about building long-term industrial growth, strengthening energy and mineral supply chains, and shaping Angola’s future

The event will be headlined by H.E. Diamantino Azevedo, Minister for Mineral Resources, Oil and Gas of Angola, whose leadership since 2017 has been central to advancing Angola’s mineral and hydrocarbons agenda. Under his stewardship, Angola has accelerated institutional reform, strengthened governance frameworks, promoted private sector participation, and prioritised sustainable resource development.

As global demand intensifies for critical minerals, energy security, and resilient supply chains, Angola is uniquely positioned to become a strategic partner to international investors and industrial economies. The country’s vast untapped mineral wealth, significant oil and gas reserves, expanding infrastructure ambitions, and commitment to economic diversification present a rare investment window for global stakeholders.

Speaking ahead of the event, Veronica Bolton Smith, CEO of the Critical Minerals Africa Group said:

“Angola stands at a pivotal point in its national development. The reforms taking place across the country’s extractive sectors are creating unprecedented opportunities for responsible international investment and strategic partnership. This is not simply about resource development, it is about building long-term industrial growth, strengthening energy and mineral supply chains, and shaping Angola’s future as a globally competitive investment destination. We believe this moment represents one of the most important opportunities for international partners to engage with Angola’s leadership and participate in the country’s next chapter of economic transformation.”

The event is expected to attract a distinguished international audience, including sovereign representatives, institutional investors, mining and energy executives, infrastructure developers, development finance institutions, and strategic partners seeking direct engagement with Angola’s leadership.

Distributed by APO Group on behalf of Critical Minerals Africa Group (CMAG).

 

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African Union (AU) Commissioner Mataboge Joins African Energy Week (AEW) 2026 as Continent Scales Interconnected Energy Infrastructure

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Lerato Mataboge’s participation reflects the African Union’s commitment to transforming African energy systems, prioritizing African-led innovation and priorities

CAPE TOWN, South Africa, May 7, 2026/APO Group/ –Lerato D. Mataboge, Commissioner for Infrastructure and Energy at the African Union (AU), has joined the upcoming African Energy Week (AEW) Conference and Exhibition – taking place October 12-16 in Cape Town – as a speaker. Her participation puts the AU’s institutional voice at the center of the event at a moment when the continental body is moving from policy architecture to execution, and growing increasingly vocal about the conditions it will and will not accept from international partners.

 

Mataboge has been among the clearest African voices pushing back on the terms of the global energy transition debate. At the World Economic Forum in Davos in January 2026, she challenged the prevailing narrative, arguing that baseload power is a non-negotiable prerequisite for African industrialization and that the continent cannot be assessed by the same benchmarks applied to economies that already have reliable electricity. Africa holds around 20% of the world’s identified uranium resources yet accounts for less than 1% of global nuclear electricity consumption, a disparity she has cited as emblematic of a broader pattern of resource wealth that has yet to translate into energy sovereignty.

Commissioner Mataboge is the institutional link between Africa’s continental energy ambitions and the investors and developers who can make them real

Speaking in Cape Town in March, Mataboge noted that Africa has approximately 245 GW of installed generation capacity, while electricity consumption averages around 600 kWh per person per year, roughly five times below the global average. Closing the gap means connecting between 90 and 100 million additional people to electricity annually, requiring roughly $200 billion in annual investment by 2030 against a current annual investment level of approximately $45 billion.

Mataboge’s mandate at the AU is to build the institutional architecture that can begin to mobilize that capital at scale. She is overseeing the operationalization of the African Single Electricity Market (AfSEM), which aims to integrate the continent’s fragmented regional power pools into a unified electricity market, alongside the Continental Power Systems Masterplan and the Ten-Year Infrastructure Investment Plan for Cross-Border Connectivity, the AU’s master pipeline for transmission and generation projects. These frameworks have been in development for years, but the challenge has been turning them into bankable propositions that attract private capital. At AEW 2026, that case will be made to the investors and developers who can act on it.

“Commissioner Mataboge is the institutional link between Africa’s continental energy ambitions and the investors and developers who can make them real,” said NJ Ayuk, Executive Chairman of the African Energy Chamber. “Her message is clear – that Africa will not subordinate its development needs to external financing conditions that were never designed with this continent in mind. AEW is the right room to have that conversation, and the right moment.”

AEW 2026 – Africa’s premier energy event – convenes Africa’s foremost policymakers, financiers, developers and operators to advance the continent’s energy agenda. Commissioner Mataboge’s address will place the AU’s institutional framework, and the financing gap it is working to close, at center stage.

Distributed by APO Group on behalf of African Energy Chamber.

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InterOil’s Angola Oil & Gas (AOG) 2026 Silver Sponsorship Reflects Drive to Scale Logistics, Local Content

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Integrated logistics, local workforce development and offshore execution converge as Angola’s project pipeline expands

LUANDA, Angola, May 7, 2026/APO Group/ –Angolan oilfield services provider InterOil has joined the upcoming Angola Oil & Gas (AOG) Conference and Exhibition as a Silver Sponsor, taking place September 9-10 with a pre-conference on September 8. For over 21 years, InterOil has worked alongside international operators, playing a strategic role in maintaining stable and reliable offshore activities. It’s AOG sponsorship not only demonstrates a commitment to the growth of the industry, but positions the logistics and offshore support provider at the center of Angola’s next wave of deepwater and infrastructure-led projects.

InterOil’s sponsorship reflects a core reality in Angola’s hydrocarbon market: as projects become more complex and move into deeper waters, the ability to sustain operations through integrated logistics solutions is emerging as a defining constraint. The company’s model – combining onshore coordination with offshore execution – addresses this directly, ensuring continuity across high-intensity operations where downtime carries significant financial and technical risk.

Operating in a complex offshore environment, InterOil has built its track record around reliability and operational discipline. A key reference point is the Kaombo development in Block 32, operated by TotalEnergies. Since 2014, the company has supported the project through integrated onshore and offshore logistics, sustaining operations for both the FPSO Kaombo North and FPSO Kaombo South. The development remains one of Angola’s most technically complex offshore assets, and InterOil’s role in maintaining operational continuity underscores the importance of logistics providers in stabilizing production and ensuring efficiency at scale.

This operational focus is complemented by a long-term commitment to local content development. InterOil has prioritized the recruitment, training and advancement of Angolan professionals, embedding structured capacity-building and knowledge transfer into its operating model. In a market where local participation is both a regulatory requirement and a strategic imperative, this approach supports workforce development while reinforcing operational resilience.

As Angola seeks to sustain production above one million barrels per day by expanding infrastructure, accelerating offshore projects and deepening local participation across the value chain, the role of logistics providers is becoming more strategic. AOG 2026 provides a platform where these capabilities are integrated into broader project discussions, connecting operators, service providers and investors around execution as a core pillar of project success. InterOil’s participation underscores a broader industry shift: in Angola’s next phase of growth, operational delivery will carry as much weight as resource potential.

Distributed by APO Group on behalf of Energy Capital & Power.

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