Angola Diamond Industry Targets Global Top Two by 2030 With New Mining Projects Angola is stepping up efforts to strengthen its diamond industry, targeting a rise to the world’s second-largest diamond producer by 2030 through increased investment, structural reforms and...

Angola Oil Revenue Jumps 54.7% to $8.91 Billion in Second Quarter Angola generated $8.91 billion from crude oil exports in the second quarter of 2026, marking a sharp increase in petroleum revenues and highlighting the continued importance of oil to...

Nigeria Targets $10.7 Billion in Modular Refinery Investment to Expand Refining Capacity Nigeria is emerging as a global hotspot for refinery development, with $10.74 billion in modular refinery investments expected to be deployed between 2026 and 2030 as the country...

Dana Gas Boosts Egypt Production as Drilling Success and Payments Strengthen Operations Dana Gas is seeing renewed momentum in Egypt after stronger production, successful drilling results and the full settlement of overdue receivables strengthened the company’s outlook for further investment....

Shell Expands Namibia Offshore Exploration After Strong PEL 39 Oil Discovery Shell is reassessing its exploration strategy in Namibia following encouraging results from its offshore operations, renewing interest in the country’s highly prospective Orange Basin. The move signals a shift...

Ghana’s Tema Oil Refinery Resumes Full Operations After Processing 1 Million Barrels of Jubilee Crude Ghana’s Tema Oil Refinery (TOR) has returned to full operations, marking a significant step in the country’s efforts to strengthen domestic refining capacity and improve...

Angola Targets 1.2 Million Bpd Oil Output as New Projects and Exploration Advance Angola is targeting a turnaround in oil production as the government steps up efforts to revive mature fields, accelerate new projects and expand exploration across the country’s...

Uganda’s Tilenga, Kingfisher Projects Near 80% Completion as First Oil Approaches Uganda’s two major oil developments are nearing completion, with the Tilenga Project reaching 74% progress and the Kingfisher Project 79% complete as the country moves closer to its first...