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For decades, South Africa has relied on cheap coal -- a hallmark of the Apartheid era -- for the bulk of its primary energy. This week, the country's Parliament is [...]

Nine oil exploration firms have come together to launch the Offshore Petroleum Association of South Africa (OPASA), a lobbying group to present the upstream industry's interests to the government. Members [...]

South Africa is planning, contingent on environmental impact assessments, to provide storage for Iranian oil. South Africa plans to sell 15 million bbl from its strategic oil reserves as part of an effort to raise money for providing energy for public facilities. Minister of mineral and energy affairs R.F. Botha's views on petroleum as a long-term energy source are discussed., South Africa will sell 15 million bbl out of its strategic oil stocks if environmental impact assessments find it safe to lease two of its storage tanks to Iran, R.F. [...]

South Africa is considering selling more than 30 million barrels of crude oil worth $550 million on the world market. The country's stock of crude oil was built up during the United Nations oil boycott that prevented oil exports. The timing of the sell-off will be critical to the world markets since currently, there is a surplus of oil on world markets, although OPEC quotas are expected to create a shortfall in the latter part of the year beginning in October. The introduction of South African crude later in the year would ameliorate any OPEC production shortfalls., WASHINGTON -- The South African government disclosed in Cape Town that it will study a proposal to sell off at least $550 million worth of excess crude oil stocks built [...]

African National Congress (ANC) Pres Nelson Mandela said that South Africa would open offshore oil exploration to foreign petroleum companies through the bidding of tenders in the second half of 1994, after the ANC assumes power. Speaking at an investment conference in Cape Town, Mandela criticized the state oil company Soeker Proprietary Ltd for its failure in finding substantial oil and said he would end state protection of the oil industry monopoly held by Soeker and Sasol Ltd.

SOUTH AFRICA -- The country is turning again to nuclear energy amid fading hopes of ever finding a giant oilfield, declining coal reserves and an ever-rising crude import bill. Energy [...]

CAPE TOWN, South Africa -- South Africa has a strategic oil cushion of 77 million bbl, equal to 8 1/2 months of crude import needs, Minerals and Energy Minister George [...]

LONDON -- Although still subject to a voluntary United Nations oil embargo, South Africa is encouraging tripartite deals between its domestic companies, African crude producers and Western or Far Eastern [...]

The Bush administration's recent decision to lift the South African boycott may well begin a process whereby an 'irrational knot' in the world oil supply/demand picture is eventually removed. Although [...]