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Category: Corporate News

Corporate News Local Mining Projects

Pensana Advances Longonjo Rare Earths Project with Expanded Processing Plant Site in Angola

Pensana Boosts Longonjo Rare Earths Project with Key Milestone, Driving Jobs and Economic Growth in Angola Rare earths developer Pensana has announced the successful completion of the expanded processing plant area at its Longonjo rare earths refinery project in Angola—marking a critical step forward in accelerating construction activities. Local stakeholders have shown strong support for the project, recognizing its potential to bring long-term economic growth and social development to the region. According to Pensana, the

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Corporate News International Oil

Shell Eyes Ghana’s Pecan Oil Field as Mahama Reignites Energy and Infrastructure Agenda

Ghana’s Oil Sector Gains Momentum with Shell’s Pecan Bid and Mahama’s Infrastructure Drive President John Mahama has announced that global energy giant Shell has submitted a formal bid to participate in the development of Ghana’s Pecan Oil Field, marking a significant step forward in revitalizing the country’s oil and gas sector. The proposal is currently under review by key stakeholders. If approved, it could initiate the next phase of development for the offshore field, located

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Diamonds Corporate News International

Venetia Mine Marks Major Safety Milestone with 13 Million Fatality-Free Shifts

De Beers Group’s Venetia diamond mine in Limpopo, South Africa, has reached a remarkable milestone of 13 million fatality-free shifts. This achievement places Venetia among a select group of mining operations in Southern Africa known for sustained excellence in safety performance. The milestone reflects the steadfast dedication of the mine’s employees, contractors, and leadership to fostering a safe and supportive work environment. Over the years, Venetia has implemented numerous proactive safety initiatives focused on building

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Corporate News Exploration International Oil

Shell Gets Green Light to Drill Offshore South Africa as Exploration Interest Grows in Orange Basin

Shell Approved to Drill Deep-Water Wells Off South Africa’s West Coast in Promising Orange Basin Shell has secured environmental approval to drill up to five deep-water wells off the west coast of South Africa, marking a major step forward in the country’s offshore oil and gas exploration. The approved wells will be located in the Northern Cape Ultra Deep Block within the Orange Basin, an area with water depths ranging from 2,500 to 3,200 meters.

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Corporate News International Oil

Dangote Refinery Expands into Namibia with 1.6M-Barrel Fuel Storage to Supply Southern Africa

Dangote Refinery to Build Major Fuel Storage Facility in Namibia to Boost Southern Africa Distribution Dangote Petroleum Refinery is set to build a large-scale fuel storage facility in Namibia with the capacity to hold over 1.6 million barrels of gasoline and diesel, according to two sources cited by Reuters. The project marks a significant step in the company’s strategy to expand its fuel distribution network across Southern Africa and reshape regional energy trade. The planned

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Expos & Events Corporate News International

OPEC Must Lead the Charge to Reverse Global Fossil Fuel Financing Bans

The African Energy Chamber (AEC), the voice of the African energy sector, urges OPEC member states and their allies to take decisive action to reverse global bans on fossil fuel financing and champion Africa’s right to develop its oil and gas resources. As the 9th OPEC International Seminar convened on Tuesday in Vienna, the Chamber reiterated that it is time to urgently put upstream financing back on the table and push back against policies that

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International Corporate News Energy

Kosmos Energy Begins LNG Exports from Mauritania-Senegal GTA Project as Output Hits 2.4M Tonnes

Kosmos Energy Launches Commercial Operations at Greater Tortue Ahmeyim LNG Project Kosmos Energy has officially commenced commercial operations at the Greater Tortue Ahmeyim (GTA) liquefied natural gas (LNG) project, located offshore Mauritania and Senegal, marking a major milestone for West Africa’s energy sector. According to a statement from Kosmos—listed on both the NYSE and LSE—the project’s floating LNG production unit, Gimi, has reached its Commercial Operations Date under a 20-year Lease and Operate Agreement. The

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Corporate News Gold International

Mali Military Airlifts $107M in Gold from Barrick’s Loulo-Gounkoto Mine to Fund Operations

A Malian military helicopter transported gold from Barrick Gold’s (NYSE: GOLD) Loulo-Gounkoto mining complex on Thursday, according to a report by Reuters. The airlift follows a court-appointed administrator’s decision to sell the site’s bullion to help finance ongoing operations. According to the report, the helicopter landed at the mine’s tree-lined airstrip and was met by the site’s security team. The personnel were then escorted to the plant’s gold room, where the bullion was loaded. The

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International Corporate News Gas

TotalEnergies Moves to Restart Major Gas Project in Northern Mozambique

TotalEnergies SE is taking significant steps to restart its long-stalled natural gas project in northern Mozambique, following years of delay due to a violent insurgency in the region. The French energy giant has issued formal notifications to contractors, instructing them to begin site preparations. Companies involved in the project have started mobilizing personnel and equipment, signaling a gradual return to full operations. Among those notified is Portuguese construction firm Mota-Engil, which, in partnership with Belgian

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Corporate News International Renewable Energy

GameChange Solar Expands Role in Egypt’s Largest Solar-Plus-Storage Project

GameChange Solar has signed a major agreement with CEEC-ZTPC to supply its Genius Tracker™ 1P Single Row system for Phase II of Egypt’s Abydos Solar PV Plant, further strengthening its footprint in Africa’s renewable energy sector. The project, spearheaded by AMEA Power with CEEC-ZTPC handling construction, will feature a 1 GWac solar photovoltaic plant integrated with a 600 MWh battery energy storage system (BESS). Once completed, it will be one of the largest solar-plus-storage developments

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