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Category: International

Diamonds Corporate News International

Botswana Diamonds Rebrands as Botswana Minerals, Expands into Copper

Botswana Diamonds to Rebrand as Botswana Minerals (BMIN) and Diversify into Copper Exploration Botswana Diamonds plc (LON: BOD) will rebrand as Botswana Minerals and begin trading under the new ticker BMIN from 27 February, as the company broadens its portfolio to include copper exploration amid a prolonged downturn in the diamond sector. The rebranding follows a strategic review supported by an advanced artificial intelligence model applied to the company’s 95,000 square kilometre geological database, which

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International Oil Petroleum Transport and Logistics

ZMA Adopts Dip Stick and Chart Method for Cross-Border Fuel Tankers

Zambia Metrology Agency Recognises Dip Stick and Chart Method for Petroleum Imports from Tanzania The Zambia Metrology Agency (ZMA) has announced the adoption of the dip stick and chart method as a recognised secondary reference measurement system for tanker trucks importing petroleum products into Zambia. In a statement issued on 24 February 2026, ZMA Executive Director Humphrey Nkobeni confirmed that dip sticks and calibration charts certified by the Weights and Measures Agency will now be

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International Corporate News Oil

TotalEnergies Targets 2028 FID for Mopane as Namibia Emerges as Deepwater Hub

TotalEnergies Plans 2028 FID for Mopane Offshore Namibia, Eyes 350,000 bpd Hub with Venus TotalEnergies is aiming for a final investment decision (FID) in 2028 on its Mopane oil development offshore Namibia, reinforcing its long-term deepwater growth strategy in the Orange Basin. Speaking on the company’s Namibia portfolio, Deputy CFO Arnaud Le Foll said exploration and business development efforts in the Orange Basin have delivered material discoveries that underpin plans for a new multi-field deepwater

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International News Oil

Kenya Advances Toward First Commercial Oil as Gulf Energy Secures Onshore Rig

Kenya Targets First Oil by Year-End After Gulf Energy Leases GW70 Rig for South Lokichar Basin Kenya is moving closer to achieving its first commercial oil production following the decision by Gulf Energy E&P BV to lease a high-capacity onshore drilling rig for operations in the South Lokichar Basin. Gulf Energy, which assumed control of the Turkana oil project, has contracted the GW70 onshore rig as part of efforts to accelerate development of the long-delayed

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Renewable Energy International News

Egypt Launches 500 MW Solar BOO Tender to Expand Renewable Energy Capacity

Egypt’s EETC Issues 500 MW Solar Tender Under BOO Model to Boost Clean Energy Investment Egyptian Electricity Transmission Company (EETC) has announced a major renewable energy tender for the development of a 500-megawatt (MW) solar photovoltaic (PV) power plant, marking a significant step in Egypt’s strategy to diversify its energy mix and increase the share of renewables in the national grid. The 500 MW project is designed to strengthen Egypt’s clean energy infrastructure and support

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International Gas News Oil

Libya’s National Oil Corporation Restarts Sinawen Field After Prolonged Shutdown

Libya Resumes Sinawen Oil Field Production in Nalut After 3.5-Year Suspension National Oil Corporation (NOC) has resumed production at the Sinawen oil field in the Nalut region of western Libya, ending a shutdown that lasted more than three and a half years. The field was taken offline due to financial and technical challenges related to crude transportation via pipelines connected to the Mellitah Oil and Gas Complex. According to the NOC, these constraints disrupted export

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Corporate News International Oil

Murphy Oil Advances Côte d’Ivoire Exploration Despite Caracal-1X Dry Hole

Murphy Oil to Drill Bubale-1X in Côte d’Ivoire After Caracal-1X Well Declared Dry Murphy Oil Corporation has completed drilling operations at the Caracal-1X well in Block CI-102 offshore Côte d’Ivoire, reaching a total depth of 8,534 feet (2,601 meters). The company has classified the well as a dry hole after failing to encounter commercially viable hydrocarbons. Subsurface data acquired during drilling will be integrated into ongoing technical evaluations to refine prospectivity across the remaining acreage

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International News Oil

Ghana Ratifies License Extensions for Jubilee and TEN Fields Through 2040

Ghana Approves Kosmos Energy License Extensions to 2040, Unlocking $2 Billion Investment and Boosting Jubilee & TEN Output Kosmos Energy has secured parliamentary ratification in Ghana for license extensions covering the West Cape Three Points and Deepwater Tano Petroleum Agreements. The approvals allow continued operations at the Jubilee and TEN fields through 2040, reinforcing long-term production and investment certainty in the country’s offshore sector. The extensions are expected to unlock up to $2 billion in

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Diamonds Corporate News International

Okavango Diamond Company Expands Contract Sales to Cushion Market Downturn

Botswana’s Okavango Diamond Company to Increase Contract Diamond Sales Amid Weak Global Market Botswana’s state-owned Okavango Diamond Company (ODC) plans to increase the proportion of diamonds it sells through long-term contracts as it adapts to challenging global market conditions, acting managing director Lipalese Makepe said on Wednesday. Contract sales provide greater pricing stability and predictability compared with auctions and tenders, which are typically more competitive and prone to price volatility. The shift comes as rough

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Renewable Energy Corporate News International

SOLA Group Reaches Financial Close on 300MW Naos-1 Hybrid Solar and Storage Project

SOLA Group Financial Close on Naos-1: 300MW Solar and 660MWh Battery Project to Wheel Private Power in South Africa SOLA Group has achieved Financial Close and begun construction of its Naos-1 Hybrid Solar and Battery Project, marking a significant milestone in South Africa’s evolving private electricity market. The development integrates a 300MW solar photovoltaic facility (435MWp) with 660MWh of battery energy storage. The project is underpinned by long-term power purchase agreements with Sasol and Air

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