Angolan Mining Oil & Gas - Top Angolan News for Oil, Gas and Mining Industries

Botswana Discovers One of the World’s Largest Diamonds in Latest Mining Breakthrough

14, July, 202614, July, 2026

Botswana Unearths 1,305-Carat Diamond in Another Historic Discovery at Karowe Mine Botswana has uncovered a massive 1,305-carat diamond at the Karowe Diamond Mine, marking another major discovery for the country’s world-renowned diamond industry. The exceptional gemstone was recovered by Lucara Diamond Corp, the operator of the Karowe mine in Botswana, using advanced X-ray transmission (XRT) technology designed to identify and recover large, high-value diamonds while reducing the risk of damage during processing. The discovery adds

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Corporate News Diamonds International

De Beers Pauses Venetia Diamond Mine Operations as Industry Faces Falling Demand

14, July, 202614, July, 2026

De Beers Suspends Operations at South Africa’s Largest Diamond Mine Amid Global Market Downturn De Beers has suspended operations at the Venetia diamond mine in South Africa, the country’s largest diamond-producing operation, as the company responds to a prolonged downturn in the global diamond market. The temporary shutdown is part of a wider cost-reduction strategy as the diamond industry faces weaker consumer demand, declining prices, and increasing competition from lab-grown diamonds. The Venetia mine, located

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International Gas Oil

South Africa Revisits Long-Delayed Offshore Oil Strategy Amid Growing Energy Security Concerns

14, July, 202614, July, 2026

South Africa Revives Offshore Oil Exploration Plans as Global Energy Demand Drives New Interest South Africa is reviving plans to explore offshore oil and gas resources that were first considered decades ago, as the country seeks to strengthen energy security and attract investment into its upstream sector. The exploration strategy, initially developed during the apartheid era, has gained renewed attention as global energy markets shift and countries look to secure reliable domestic energy supplies. Advances

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Local Energy News

Angola Approves 30-Year Electricity Corridor to Supply Power to DRC

14, July, 202614, July, 2026

Angola Grants Somagec 30-Year Power Transmission Deal to Export Electricity to DR Congo Angola has granted Somagec Energy Holding Limited (SEHL) a 30-year concession to develop and operate an electricity transmission system that will enable power exports to the Democratic Republic of Congo (DRC). The project, known as the Northern Corridor, will also strengthen electricity supply to Angola’s Cabinda Province. The concession was awarded under a Build, Own, Operate and Transfer (BOOT) model, allowing Somagec

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Corporate News International Oil

Shell Concludes Latest Namibia Drilling Campaign While Continuing Offshore Oil Evaluation

14, July, 202614, July, 2026

Shell Completes Namibia Offshore Exploration Campaign as Orange Basin Oil Potential Grows Shell has completed its latest offshore exploration campaign in Namibia, marking another milestone in the company’s ongoing evaluation of one of Africa’s most promising emerging oil regions. The company’s Deepsea Mira semi-submersible rig completed operations on July 2 after beginning the campaign in April. Shell decided not to exercise an option for an additional exploration well under the current contract, with the rig

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International Gas News

World Bank Approves $875 Million Package to Accelerate Côte d’Ivoire’s Gas Development

14, July, 202614, July, 2026

Côte d’Ivoire Secures $875 Million World Bank Support to Expand Gas Sector and Boost Energy Security Côte d’Ivoire is set to strengthen its natural gas sector after securing an $875 million financing package from the World Bank to support gas infrastructure development, investment, and long-term energy security. The funding will support the implementation of the country’s Gas Master Plan, which aims to expand gas transmission and distribution infrastructure while creating a roadmap for future sector

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International Corporate News Oil

Renaissance Energy Makes Major Oil Discovery in Nigeria’s Offshore OML 74

14, July, 202614, July, 2026

Renaissance Africa Energy Discovers Oil Offshore Nigeria, Boosting Indigenous Exploration Efforts Renaissance Africa Energy Company Limited has announced a significant oil discovery in Nigeria’s offshore Oil Mining Lease (OML) 74, marking a major milestone for the country’s indigenous energy sector. The discovery was made through the successful drilling of the JK-004 exploration well, which encountered approximately 1,000 feet of hydrocarbon-bearing intervals across seven reservoirs. Initial evaluations and fluid analysis confirmed the presence of high-quality reservoirs

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Corporate News International Oil

Nigeria Surpasses OPEC Oil Production Quota as Crude Output Reaches Six-Year High

13, July, 202613, July, 2026

Nigeria’s Oil Production Hits 1.56 Million Barrels Per Day, Exceeding OPEC Quota After Six-Year Recovery Nigeria has exceeded its OPEC crude oil production quota after recording its highest oil output level in more than six years, according to data from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). The regulator reported that Nigeria produced an average of 1.56 million barrels of crude oil per day (bpd) in June 2026, surpassing its OPEC quota of 1.5 million

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International News Oil

South Africa Plans Major Expansion of Strategic Oil Reserves to Strengthen Energy Security

13, July, 202613, July, 2026

South Africa Proposes 60-Day Strategic Oil Reserve Plan to Protect Against Global Supply Disruptions South Africa is planning a major expansion of its strategic petroleum reserves for the first time in decades as the government seeks to strengthen the country’s energy security and protect against future global supply disruptions. The Department of Mineral Resources and Energy (DMRE) has proposed maintaining strategic fuel reserves equivalent to 60 days of national consumption under a draft policy released

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Corporate News Diamonds International

De Beers Suspends Production at South Africa’s Venetia Diamond Mine Amid Market Downturn

13, July, 202613, July, 2026

De Beers to Halt Venetia Diamond Mine Production for Two Years as Weak Demand Reshapes Industry De Beers has announced it will suspend production at its Venetia Mine in South Africa for two years as the company responds to the prolonged downturn in the global rough diamond market. The mine, South Africa’s highest-value diamond operation, will temporarily halt production as De Beers reduces costs and restructures its business ahead of its planned separation from parent

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