Latest news with #Mooring
IOL News
26-05-2025
- Business
- IOL News
South Africa grapples with crude oil supply risks as financial strain hits Natref refinery
The South African National Petroleum Company (SANPC) is the newly established State-Owned Company formed after the merger of three of the Central Energy Fund (CEF) subsidiaries, Igas, PetroSA and Strategic Fuel Fund. Image: Supplied Banele Ginidza As South Africa grapples with an increasing dependence on fuel imports, the National Petroleum Refiners of South Africa (NATREF) refinery in Sasolburg has raised alarm bells over its future sustainability. Sipho Mkhize, chairman of the South African National Petroleum Corporation (SANPC), on Friday outlined the financial strain faced by the only inland crude oil refinery, which is reliant on material transported via the Single Buoy Mooring (SBM) in the Indian Ocean off Durban. The backdrop to this crisis is the shutdown of Durban's local refineries, which has severely reduced SBM utilisation by 80%, leading to soaring operational costs for NATREF. Mkhize warned that if these financial pressures continue unabated, NATREF may have to cease operations, which would place an overwhelming burden on South Africa's petroleum supply chain "These financial strains could force the refinery to close, making South Africa dependent on imports to grow to 85% of its petroleum needs and increasing vulnerability and security of supply risks," Mkhize said. He was speaking at the launch of the SANPC, which has been formed through the merger of three Central Energy Fund (CEF) subsidiaries, i.e. iGas, the Strategic Fuel Fund (SFF), and PetroSA. Video Player is loading. Play Video Play Unmute Current Time 0:00 / Duration -:- Loaded : 0% Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Background Color Black White Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Transparent Window Color Black White Red Green Blue Yellow Magenta Cyan Transparency Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Dropshadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Advertisement Next Stay Close ✕ Currently, the nation imports around 75% of its fuel; a closure of the refinery could push this figure to a staggering 85%, significantly increasing the risk of supply vulnerabilities and security risks. In response, Mkhize disclosed plans for converting the existing SBM into a Multi-Buoy Mooring (MBM), which would enhance flexibility in liquid bulk handling within the Durban Precinct. This strategic move aims to alleviate the throughput bottlenecks currently crippling the NATREF refinery. Additionally, Mkhize stated that SANPC will seek directives to obtain leases for sites linked directly to the refinery from the Transnet National Port Authority (TNPA) to bolster operations further. Mkhize said the SANPC would reach out to the Ministers of Minerals and Petroleum Resources, Transport, and Forestry, Fisheries, and the Environment for the applications aimed at laying a foundation for a national energy champion that will be capable of delivering long-term value. "SANPC is not just another company. It is a national asset. It is the embodiment of the government's vision for a modernised, integrated, and impactful energy sector player," he said. "South Africa needs a strong and agile energy company to be able to respond to the energy challenges faced by the country as well as advancing the key components of the National Development Plan." Mkhize also emphasised the importance of establishing a State-owned independent terminal operator, which would manage port facilities to ensure equal access to berths. This strategy aims to counteract the agenda of International Oil Companies (IOCs) and prioritise supply security, thereby enhancing system integrity. The SANPC's recent acquisition of the dormant SAPREF refinery, capable of producing 180 000 barrels of oil per day, signals a pivotal moment for South Africa's energy landscape. If revitalised, this facility could contribute significantly to national energy production or serve as the foundation for constructing a mega refinery with the capacity to process between 450 000 to 600 000 barrels daily. This shift would further diversify energy sources and reduce the country's reliance on imported oil. Mineral Resources and Petroleum Minister Gwede Mantashe reiterated the urgency of addressing the declining local refining capacity. He noted a significant shift since 2009, with fuel imports rising 11% year-on-year, predominantly driven by a diminishing local refinery output against a backdrop of growing demand for refined products. In 2022, local refining accounted for less than 35% of consumed finished products, a sharp decline from the approximately 80% in 2010.
TimesLIVE
25-05-2025
- Sport
- TimesLIVE
MBB's Pretoria playoffs qualification hangs by thread
Johannesburg's Made by Ball (MBB) will have to wait another 24 hours to learn their fate in the Basketball Africa League after they blew an opportunity to secure playoff qualification, losing 85-76 to Nairobi City Thunder at the BK Arena in Kigali, on Saturday. A win over Thunder would have booked the South Africans a ticket to Pretoria in two weeks, but now they have to beat Nile Conference leaders Al Alhy Tripoli in their final game on Sunday, or the country will not have a representative in the playoffs. US Imports Teafale Lenard Jr with 39 points and nine rebounds, and Jovan Mooring's 15 points and four rebounds were the standout players for MBB. None of the players who started and those who came from the bench made it past double figures. MBB missed the presence of 2.13m David Craig, who had stellar performances in their two consecutive wins during the week. His teammate Nkosi Sibanyoni said the player had a stomach ache. Lenard Jr knocks down a much-needed triple for MBB in a tightly contested third quarter. Follow the action live on YT: #BAL5 — Basketball Africa League (@theBAL) May 24, 2025 His absence in the paint was severely felt from the get-go defensively as the Kenyans bum-rushed the South Africans. Ariel Okall Okoll Koranga quickly put up four points through driving layups, and Elbert Odero, together with Eugene Adera, added one apiece from the free throw line. Stunned by the fast start from Nairobi, MBB head coach Sam Vincent called a timeout. His talk seemed to calm the nerves as straight from the huddle, Mooring opened the scoring for MBB with a two-pointer, but the Kenyans kept on chipping away at the score and halfway through the quarter, took a 10-point lead. With MBB cornered, another Lenard Jr stepped up and he scored 14 points, closing the gap and handing the SA side a 24-20 advantage. MBB stepped on the accelerator in the second quarter and took an 11-point lead halfway, but failure to convert points and rebounds at crucial moments allowed the Kenyans to spark a comeback, eventually going to the break 41-39. Lenard and Mooring continued their fight in the third quarter, combining for 12 points, but despite those efforts, Nairobi took a 55-54 lead. Seconds into the fourth quarter, Omar Thielemans put up a two-point layup to hand MBB the lead. Lenard Jr followed that with another two-pointer and that would be the last time the SA team would take the lead at 58-57 with nine minutes to go. Lenard would continue making shots, but the other MBB players were lost at sea. City Thunder quickly extended their lead to a seven-point difference with five minutes to go, and then they went on a stretch to eventually walk away with their first win of the competition. City Thunder had five players who made it past double figures, with Odero making 23 points.
The Herald
24-05-2025
- Sport
- The Herald
MBB's Pretoria playoffs qualification hangs by thread
His absence in the paint was severely felt from the get-go defensively as the Kenyans bum-rushed the South Africans. Ariel Okall Okoll Koranga quickly put up four points through driving layups, and Elbert Odero, together with Eugene Adera, added one apiece from the free throw line. Stunned by the fast start from Nairobi, MBB head coach Sam Vincent called a timeout. His talk seemed to calm the nerves as straight from the huddle, Mooring opened the scoring for MBB with a two-pointer, but the Kenyans kept on chipping away at the score and halfway through the quarter, took a 10-point lead. With MBB cornered, another Lenard Jr stepped up and he scored 14 points, closing the gap and handing the SA side a 24-20 advantage. MBB stepped on the accelerator in the second quarter and took an 11-point lead halfway, but failure to convert points and rebounds at crucial moments allowed the Kenyans to spark a comeback, eventually going to the break 41-39. Lenard and Mooring continued their fight in the third quarter, combining for 12 points, but despite those efforts, Nairobi took a 55-54 lead. Seconds into the fourth quarter, Omar Thielemans put up a two-point layup to hand MBB the lead. Lenard Jr followed that with another two-pointer and that would be the last time the SA team would take the lead at 58-57 with nine minutes to go. Lenard would continue making shots, but the other MBB players were lost at sea. City Thunder quickly extended their lead to a seven-point difference with five minutes to go, and then they went on a stretch to eventually walk away with their first win of the competition. City Thunder had five players who made it past double figures, with Odero making 23 points. Daily Dispatch
TimesLIVE
18-05-2025
- Sport
- TimesLIVE
Joburg's MBB display great fight in BAL debut against Al Ahli
Johannesburg's Made by Ball (MBB) showed they are not in Rwanda for the Basketball Africa League (BAL) to make up the numbers, displaying plenty of courage in a narrow opening defeat on Saturday. Though their hopes of a fairytale debut of the tournament were eroded by Libya's Al Ahli Tripoli in an 87-77 loss at the BK Arena in Kigali, the Gauteng side put up a great fight, especially in the final 10 minutes of the game. It was an enormous occasion for the MBB players, one they said they were excited about in the build-up to the start of the Nile Conference, but in the first 30 minutes, they appeared overwhelmed. They couldn't match the pace of Tripoli. They would close gaps in the score, but the Libyans would just shift the gears and extend again. Tripoli's biggest lead of the afternoon was 19 points in the third quarter. In a bid to be more competitive, MBB introduced their bench, but it lacked major contributions, assembling only 10 points in the game. Your first @castlelitesa Game Recap of the Nile Conference! AlAhli takes the W ✅ #BAL5 — Basketball Africa League (@theBAL) May 17, 2025 By contrast, the Libyans' substitutes scored 32 points. Their top scorer, Senegalese Jean Jacques Boissy, came from the dugout and added 28 points, seven rebounds, and one assist. These are areas the players and coaching staff said they would need to rectify before their game against APR of Rwanda on Sunday. Despite a scare in the opening minutes of the game when Deon Thompson knocked two three-pointers from deep for Tripoli, MBB went toe-to-toe with Tripoli, who are deemed favourites to top the conference. The north Africans were expected to run away with the game from the get-go. But US Import, who played in the NBA G-League, Roovan Mooring, calmed the nerves of the South Africans when he made the first two-pointer and MBB's first points in the BAL. MBB head coach Sam Vincent cracked a smile, and there were roars from the bench and high-fives as MBB signalled their arrival at Africa's biggest tournament The first quarter ended 15-10 with the Libyans leading, and from then on, Tripoli stepped their foot on the accelerator in the second quarter with Boissy the aggressor. They went to the halftime break with a 12-point advantage, leading 45-33. In the third quarter, Tripoli seemed to have everything going their way offensively, but MBB kept up the fight, and the third quarter finished 64-50. In the final quarter, MBB turned on the charm with Mooring, Teafale Lenard Jnr and Robinson Opong Odoch leading from the front to close the gap to five points in the last four minutes. But Tripoli fought their way out of what would have been a great moment for SA basketball. Mooring finished with 26 points, Lenard Jnr with 20 and Odoch made 15. MBB next play home team Armée Patriotique Rwandaise on Sunday (5.30pm). • Anathi Wulushe is in Rwanda courtesy of the BAL.
Yahoo
29-04-2025
- Yahoo
New Haven man sentenced to 2 years in prison for gun trafficking
BRIDGEPORT, Conn. (WTNH) — A New Haven man was sentenced to two years in prison, followed by two years of supervised release, Monday, for his role in a gun trafficking scheme. According to evidence and testimony, in March 2021, the ATF Task Force discovered that Quinn Mooring, 43, was receiving firearms from Marquis Jerome Pollard, a source in South Carolina, and selling them in Connecticut. Hamden man sentenced to 12 years after police found $120k worth of fentanyl pills in home On April 19, 2021, investigators made a controlled purchase of a 9mm Glock handgun and a drum magazine from Mooring and Pollard for $1,500 in New Haven. Three days later, investigators made another controlled purchase, of 9mm ammunition, from Mooring in New Haven. Mooring has a criminal history that includes convictions for felony robbery, unlawful restraint, and failure to appear offenses. Federal law prohibits someone previously convicted of a felony offense to possess a firearm or ammunition that has moved in interstate or foreign commerce. Mooring was arrested on a federal criminal complaint on June 14, 2021. On Jan. 13, 2022, he pled guilty to unlawful possession of a firearm by a felon. Mooring, who is released on a $50,000 bond, is required to report to prison on June 18. Pollard pleaded guilty and, on Feb. 27, 2023, and was sentenced to eight years in prison. South Carolina and selling them in Connecticut. On April 19, 2021, investigators made a controlled purchase of a 9mm Glock handgun and a drum magazine from Mooring and Pollard in New Haven in exchange for $1,500. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
