Mail & Guardian
Mail & Guardian
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Roughly 20% of the world’s oil and liquefied natural gas typically passes through the Strait of Hormuz, a chokepoint now under strain.
AFRICA

Iran war triggers global shockwaves across energy, food and finance systems, analysts warn

The US-Israel war on Iran is sending shockwaves through global energy, food and financial systems, exposing deep structural vulnerabilities in the world economy, according to the…

  • Sheree Bega
7 min read
Off-track: Prasa’s operating deficit has ballooned from R2.3bn to R8.3bn, with material losses of R1.3bn due to write-offs of property, plant and equipment. Photo: Prasa Group
ANDILE SANGQU

State capture still stinging SOEs

Transnet and Prasa face financial, operational and governance challenges despite recovery efforts

  • Brian Sokutu
6 min read
Roughly 20% of the world’s oil and liquefied natural gas typically passes through the Strait of Hormuz, a chokepoint now under strain.
ACTIVE PHARMACEUTICAL INGREDIENTS

World war of economics

An interconnected world has rendered us interdependent but also vulnerable to shock across economic geographies, forcing distinct national responses

  • Zeenat Adam
9 min read
QatarEnergy said it had suspended production of liquefied natural gas at its Ras Laffan and Mesaieed facilities after Iranian drone strikes damaged energy infrastructure.
AYATOLLAH ALI KHAMENEI

Qatar halts LNG output as Iran conflict hits Gulf energy infrastructure

Qatar is one of the world’s largest exporters of liquefied natural gas and a suspension of output removes roughly 20% of global trade by volume from immediate supply

  • Hasina Kathrada
3 min read
Offshore oil and gas development in South Africa is governed, among others, by the National Environmental Management Act 107 of 1998, as amended in 2022, and the Mineral and Petroleum Resources Development Act.
BIODIVERSITY

Mozambique: Gas is not part of Africa’s solution to climate change

The effects of offshore gas projects contribute to a humanitarian crisis, and mainly only the companies and countries of the north benefit from the profits and commodities

  • Chris Engelbrecht
  • Rehana Dada
5 min read
A core hole drilling site at dawn. Kinetiko describes the Amersfoort project as South Africa’s largest onshore LNG project. Photo supplied
POWERTRACKER

Mpumalanga gas project aims to bridge just energy transition gap

The development of the R155 million liquefied natural gas pilot is being promoted as a way to alleviate energy shortages while South Africa transitions to renewable energy

  • Thabo Molelekwa
8 min read
TotalEnergies (formerly known as Elf, and then Total) was, in 1971, aware of the harmful effects of global warming caused by burning fossil fuels. (Photo by Jonathan Raa/NurPhoto via Getty Images)
ANALYSIS

Countdown for Mozambique mega gas project quickens

TotalEnergies is preparing for the resumption in early 2024 of its stalled $23 billion liquified natural gas project

  • Alex Vines
8 min read