Remove Cost Of Remove Oil Remove Oil Prices Remove South Africa
article thumbnail

Sasol bails on $13-$15B US GTL project, divests from Canadian shale; no new greenfield GTL

Green Car Congress

At the company’s Capital Markets Day 2017 in Johannesburg, South Africa, Sasol management said that the company will no longer pursue its proposed ) project in the US ( earlier post ) and furthermore will not invest in additional greenfields gas-to-liquids (GTL) projects. —Stephen Cornell.

article thumbnail

Global investment in renewable power reached $270.2B in 2014, ~17% up from 2013; biofuel investment fell 8% to 10-year low

Green Car Congress

billion) and South Africa ($5.5 Another challenge was, at first sight, the impact of the 50%-plus collapse in the oil price in the second half of last year. Oil and renewables do not directly compete for power investment dollars. Investment in developing countries, at $131.3 billion, up just 3% on the year.

2014 150