<![CDATA[SANPETRO - News]]>Sat, 11 Oct 2025 23:49:29 +0200Weebly<![CDATA[May 21st, 2016]]>Sat, 21 May 2016 19:34:59 GMThttp://sanpetro.co.za/news/may-21st-2016For Sub-Saharan Africa, 2015 is a turning point. The summits on sustainable development, financing and climate change are swinging the spotlight not only onto Africa’s needs to accelerate development and adapt to global warming, but also onto the region’s urgent energy crisis. Two in three Africans lack access to electricity.
But this crisis is also a moment of great opportunity, as we demonstrate in the Africa Progress Report 2015, Power People Planet: Seizing Africa’s Energy and Climate Opportunities. Demand for modern energy is set to surge, fuelled by economic growth, demographic change and urbanisation. As the costs of low-carbon energy fall, Africa could leapfrog into a new era of power generation. Utility reform, new technologies and new business models could be as transformative in energy as the mobile phone has been in telecommunications.
Renewable energy is at the forefront of the changes sweeping Africa, which is registering some of the most remarkable advances in solar, geothermal and wind power. With world leaders due to meet in Paris in December to settle on a new global climate change deal, Africa has a chance to show the way to a low-carbon future – while putting in place the policies needed to reduce its vulnerability to the effects of climate change.
A “triple win” is within the region’s grasp, as renewable technologies create opportunities to increase agricultural productivity, improve resilience to climate change, and contribute to long-term reductions in dangerous carbon emissions.
The Africa Progress Report 2015 explains the bold steps that leaders globally and in Africa must take to achieve this vision. Above all, the report shows that the global climate moment is also Africa’s moment – Africa’s moment to lead the world.

Download report
http://app-cdn.acwupload.co.uk/wp-content/uploads/2015/06/APP_REPORT_2015_FINAL_low1.pdf


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<![CDATA[Protests in Nigeria ahead of fuel price increase]]>Sat, 21 May 2016 19:29:22 GMThttp://sanpetro.co.za/news/protests-in-nigeria-ahead-of-fuel-price-increase]]><![CDATA[Expected hike in petrol prices next month]]>Sat, 21 May 2016 19:25:57 GMThttp://sanpetro.co.za/news/expected-hike-in-petrol-prices-next-month​The Automobile Association (AA) says that motorists can expect an increase in the petrol price of around 39 cents a litre in June, driven by both the weak rand and stronger international oil prices.
The AA was commenting on unaudited mid-month fuel price data released by the Central Energy Fund (CEF).
“Motorists have been fortunate in 2016 so far, with lower oil prices buffering the country from the weaker rand,” the association said.
“However, oil has now strengthened while the rand continues to decline, with both contributing to the current under-recovery picture.”
The mid-month data shows petrol set for an increase of around 39 cents a litre, with stronger oil accounting for around 23 cents of the rise, and the weaker rand contributing 16 cents, the AA said.
This would put the retail price of 93 octane petrol in Gauteng at R12.83 per litre.
Diesel is expected to rise as much as 61 cent per litre, while illuminating paraffin is showing a 44 cents a litre increase, the association said.
The wholesale price of diesel with 0,05% sulphur in Gauteng would cost about R11.14 per litre.
“Our concern over the rand’s short-term trajectory is growing; since the start of May, it has depreciated from around R14.20 to the US dollar to its current level of R15.80. If oil continues to firm, rand weakness is set to have a severe impact on fuel users,” the AA said.

​By Business Tech
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