BNC London: James Lorimer - Unlocking SA's energy treasure trove of oil & gas discoveries

Loading player...
In a riveting keynote address at the BizNews Conference in London, DA Shadow Minister of Mining, James Lorimer MP, unveiled groundbreaking discoveries reshaping the nation's energy landscape. With the revelation of vast gas and oil reservoirs beneath Mpumalanga's soil and offshore along the Orange Basin, South Africa stands at the cusp of an economic revolution. Lorimer's detailed exploration of these finds, from Connecticut's pioneering gas-to-power ventures to Namibia's offshore bonanza, painted a picture of transformative potential. Despite challenges from government legislation and environmental activism, optimism reigns as South Africa eyes a future fueled by its abundant natural resources, poised to uplift its populace and rewrite its economic narrative.
16 May 2024 4AM English South Africa Investing · Business News

Other recent episodes

BizNews Edge: Stranger than fiction - Jooste's consigliere meets ET-type end

Today's BizNews Edge covers three stories that cut to the heart of South African business and politics. John Steenhuisen has broken publicly with the DA, naming Geordin Hill-Lewis and Tony Leon in allegations that threaten serious damage to the party just months before the 2026 municipals. Prosus, once a byword…
29 Jun 5AM 24 min

Criminalising corporate silence with Wendy Addison

South Africa's first high-profile whistleblower Wendy Addison is done talking shop. She's raised a criminal docket against a corporation and its directors for silencing two financial industry whistleblowers — and she thinks it could be a watershed moment. Can personal criminal accountability finally give whistleblower protection real teeth?
29 Jun 3AM 23 min

BN Daybreak: Strait of Hormuz showdown as US and Iran head back to Doha

Vessels are still threading the Strait of Hormuz, but a Bloomberg analyst calls it Schrodinger's Strait: you never know if it's open until you try to get through. With traffic down to a fraction of normal and ships taking hits, owners are weighing whether the world's most vital oil route…
28 Jun 9PM 15 min