Mineral and Petroleum Resources Development Amendment Bill 101

The Money Show’s Bruce Whitfield interviewed Lizel Oberholzer, Director of Oil and Gas at Norton Rose Fulbright.

Oberholzer discussed the following five important things to know about the MPRD Amendment Bill:

  • The bill seeks to address exploration viability in SA.

  • Operation Phakisa allowed for the oil and gas industry and the Department of Mineral Resources to get together on one platform to talk about the issues.

  • State participation is a key issue.

  • Three new classes of exploration has been identified, distinguishing between risk exposure.

  • Also the introduction of a Petroleum Charter with an aim of at least 10% BEE.

Listen to the interview in the audio below for more detail.

Click here (then“like” the page) to follow Bruce on Facebook.

Enter your email address in the form below to receive a newsletter containing the most-read articles of the week from Bruce Whitfield’s The Money Show every Friday morning in your inbox.

Subscribe to our Business Wrap Newsletter

Article brought to us by Old Mutual.


Recommended

by NEWSROOM AI
Read More
Taxpayer? Got R3 billion? The EFF wants you to save the gutted VBS Mutual Bank

Taxpayer? Got R3 billion? The EFF wants you to save the gutted VBS Mutual Bank

A better option to serve black interests, says Warren Thompson, is Patrice Motsepe’s TymeDigital. It won’t cost taxpayers a cent.

Punch-drunk taxpayer? What Minister Tito Mboweni has up his sleeve for us all

Punch-drunk taxpayer? What Minister Tito Mboweni has up his sleeve for us all

Punch-drunk taxpayer? Bonang Mohale (BLSA) and Russel Lamberti (Econometrix) on what Minister Tito Mboweni has up his sleeve.

[Watch] Chinese SUV maker Haval has advertising far worse than its cars

[Watch] Chinese SUV maker Haval has advertising far worse than its cars

Advertising expert Andy Rice slams the ever-improving Chinese SUV maker for its cheap and nasty advertising.

My milkshake brings all the boys to the yard! - Nando's

My milkshake brings all the boys to the yard! - Nando's

Damn right its better than yours! Ad guru Andy Rice loves Nando’s epic new billboard promoting its delicious looking milkshakes.

2 red-hot JSE-listed shares to buy, right now (by Ashburton)

2 red-hot JSE-listed shares to buy, right now (by Ashburton)

The Money Show’s Bruce Whitfield interviews Suvasha Kander, a Fund Manager at Ashburton.

'I’ve never invested in the stock exchange. I know it too well'

'I’ve never invested in the stock exchange. I know it too well'

Bruce Whitfield interviews Prof Lorenzo Fioramonti (UP) about his attitude toward money (hopes, fears, successes, failures, etc.).

Popular articles
'I’ve never invested in the stock exchange. I know it too well'

'I’ve never invested in the stock exchange. I know it too well'

Bruce Whitfield interviews Prof Lorenzo Fioramonti (UP) about his attitude toward money (hopes, fears, successes, failures, etc.).

How to have a good day

How to have a good day

Forbes and Inc. call “How to Have a Good Day” a “top must-read business book”. Bruce Whitfield interviews author Caroline Webb.

DA: Whether you are from Switzerland or Swaziland, you must be documented in SA

DA: Whether you are from Switzerland or Swaziland, you must be documented in SA

The DA defends its immigration plans saying no country can afford not to secure its borders.

CT council to decide on charging De Lille following new forensic report

CT council to decide on charging De Lille following new forensic report

The Bowman Gilfillan report, yet to be made public, found that De Lille allegedly failed to report tender corruption to council.

Judge in Omotoso case dismisses defence application to recuse himself

Judge in Omotoso case dismisses defence application to recuse himself

Judge Mandela Makaula has dismissed the defence application saying it has no merit.

Zondi tells court that she had to 'look happy' in church out of fear for Omotoso

Zondi tells court that she had to 'look happy' in church out of fear for Omotoso

Cheryl Zondi is testifying against Pastor Timothy Omotoso who is accused of rape and human trafficking in his Durban church.