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Category: International

Corporate News International News Oil

Dangote Refutes Claims of U.S. Opposition to Nigeria’s Largest Oil Refinery

Dangote Dismisses Claims Trump Opposes Dangote Refinery, Confirms Strong U.S. Crude Supply Ties Aliko Dangote, President of the Dangote Refinery, has dismissed reports circulating on social media suggesting that United States President Donald Trump is displeased with the establishment of Africa’s largest oil refinery in Nigeria. Speaking with journalists, Dangote described the claims as baseless and inconsistent with existing commercial relationships, emphasizing that the United States remains a major supplier of crude oil to the

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Diamonds International Technology & Innovation

Botswana Diamonds Expands Exploration Portfolio with AI and Critical Minerals Strategy

Botswana Diamonds Leverages AI to Diversify Into Critical Minerals While Advancing High-Value Diamond Projects Despite a challenging year for the global diamond industry, AIM-listed Botswana Diamonds reports significant progress in its strategic expansion efforts. Reflecting on the financial year ending June 30, 2025, and the first half of its 2026 financial year, the company has strengthened its asset base across diamond and critical mineral exploration and adopted advanced technologies to enhance its projects in South

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Corporate News Diamonds International

De Beers CEO of Tracr, Wesley Tucker, to Step Down After Leading Major Digital Transformation

De Beers Announces Leadership Change as Tracr CEO Wesley Tucker Exits in February 2026 De Beers Group has announced that Wesley Tucker will step down as chief executive officer of Tracr—its blockchain-based diamond traceability platform—at the end of February 2026. Tucker joined the company in April 2021 as head of digital transformation before taking over leadership of Tracr. During his tenure, Tucker played a central role in evolving Tracr from a pilot program into the

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International News Renewable Energy

Kafue Gorge Lower Solar Project Marks Major Step Toward Zambia’s Clean Energy Future

Zambia Breaks Ground on Kafue Gorge Lower 100MW Solar Project to Boost National Energy Security Zambia’s ambition to strengthen long-term energy security has received a major boost with the groundbreaking of the Kafue Gorge Lower 100MW Solar Project in Sikoongo Chiefdom, Chirundu District, Southern Province. The initiative features a 100MW solar power plant, a 33/330kV substation, and a 15-kilometre transmission line connecting the facility to the Kafue Gorge Upper grid. Construction is expected to be

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International News

Namibia Appoints Modestus Amutse as New Minister of Mines, Energy and Industry

Namibia Names Modestus Amutse as New Mines, Energy and Industry Minister Amid Push for 2030 Oil Production Namibia’s President has appointed Modestus Amutse as the country’s new Minister of Mines, Energy and Industry, the presidency announced on Tuesday. Amutse replaces Natangwe Ithete, who was removed from the position in October. The appointment comes at a pivotal time for resource-rich Namibia, which is aiming to achieve its first crude oil production by 2030 following a series

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Diamonds Corporate News International

Lucara Awards Key Lateral Development Contract for Botswana’s Karowe Underground Project

Lucara Diamond Corp Selects Group R for Major Lateral Development Works at Karowe Underground Mine in Botswana Canada-headquartered Lucara Diamond Corporation has awarded the lateral development contract for its Karowe Underground Project (UGP) in Botswana to Group R Mining and Exploration Botswana. The contract covers all underground lateral development linking the production and ventilation shafts to the orebody. This includes construction of the extraction level, underground crushing chamber, fine ore bins, pump stations with vertical

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Corporate News Diamonds International

Petra Diamonds Confirms New Leadership Team and Board Restructuring After 2025 AGM

Petra Diamonds Appoints Permanent Joint CEOs and Strengthens Board Following Annual Meeting London-listed Petra Diamonds has announced a refreshed leadership structure and several board changes following its Annual General Meeting held on November 27. The company confirmed the appointment of Vivek Gadodia and Juan Kemp as permanent joint CEOs, solidifying the roles they have held in an interim capacity since February. Under the new structure, Gadodia will continue to lead Petra’s corporate functions, while Kemp

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Corporate News International Oil

TotalEnergies Partners with Chevron Through 40% Stake Sale in Nigerian Offshore Blocks

TotalEnergies to Sell 40% Stake in Nigerian Offshore Licenses to Chevron Subsidiary TotalEnergies has announced plans to divest a 40 percent interest in its Nigerian offshore exploration licenses, entering a new strategic partnership with a subsidiary of Chevron. The company confirmed it has signed an agreement to transfer the stake in two license areas covering approximately 2,000 square kilometers in the West Delta basin to Star Deep Water Petroleum Limited. The deal remains subject to

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International News Oil

Kenya Approves South Lokichar Oil Development Plan Aiming for First Exports in 2026

Kenya Targets First Commercial Oil Exports by 2026 After Approving South Lokichar Development Plan Kenya has announced plans to launch its first commercial crude oil exports by late 2026, following the government’s approval of the Field Development Plan for the South Lokichar Basin in Turkana County. Full field production is expected to be reached in the years after initial exports begin. The Ministry of Energy and Petroleum has authorized Gulf Energy E&P BV to advance

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International Corporate News Oil

Dangote Group Accelerates Expansion of World’s Largest Single-Location Refinery

Dangote Refinery to Double Capacity to 1.4 Million BPD Through Strategic Global Partnerships Nigeria’s Dangote Group is fast-tracking its ambition to build the world’s largest single-location refinery, leveraging strategic international partnerships to expand production and strengthen its regional energy footprint. During a press briefing in Mumbai, Aliko Dangote confirmed the signing of a new contract with Engineers India Ltd (EIL) to double the refinery’s capacity to 1.4 million barrels per day (bpd) within three years.

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