South Africa imposes licensing restrictions
Temporary restrictions on oil and gas licensing are causing confusion, but should help reform the licensing system in the long run
A moratorium on new applications for petroleum and exploration rights in South Africa has surprised the industry. But the government says it's necessary in order to overhaul the unsatisfactory licensing framework. On 28 June, Petroleum Agency South Africa, the state regulator, published a statement signed by mineral resources minister Gwede Mantashe. It said the granting of new technical cooperation permits, and exploration and production rights would be restricted until the publication of a fresh invitation for applications. The statement added that the restriction was part of a strategy to improve the licensing system to fast-track exploration, but gave little further explanation. The mora

Also in this section
29 July 2025
The EU’s Russia sanctions could have far-reaching implications for India’s Vadinar-based refinery
29 July 2025
There is a good strategic case for China to sign a deal for gas supplies via the proposed Power of Siberia 2 pipeline, but Beijing’s concerns over over-dependency on a single supplier and desire to drive down the price make it relatively unlikely that a contract will be finalised this year.
29 July 2025
EU industry and politicians are pushing back against the bloc’s green agenda. Meanwhile, Brussels’ transatlantic trade deal with Washington could consolidate US energy dominance.
25 July 2025
KRG, Iraq’s central government and Turkey are all working to get exports flowing from the key port, but complications remain