Nigerian Navy Uncovers 75,000 Litres of Suspected Stolen Crude Oil in Delta State

Nigeria’s Navy Discovers 75,000 Litres of Suspected Stolen Crude Oil in Three Underground Reservoirs The Nigerian Navy has uncovered 75,000 litres of suspected crude oil stored in three underground reservoirs in Delta State during operations targeting oil theft and illegal petroleum activities. The discoveries were made by personnel aboard Nigerian Navy Ship (NNS) Delta under Operation Delta Sentinel in the Oteghele area on October 12 and 14, 2026. The first operation uncovered approximately 30,000 litres

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De Beers Raises 2026 Production Forecast Despite Third-Quarter Decline

De Beers Lifts 2026 Diamond Output Guidance to 28 Million Carats After Taking Full Control of Gahcho Kué De Beers reported an 11% year-on-year decline in rough diamond production to 6.8 million carats in the third quarter of 2026, as planned maintenance at its Orapa mine in Botswana and reduced output at Venetia in South Africa weighed on performance. Despite the decline, the diamond producer raised its full-year production guidance to between 25 million and

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Botswana Targets Electricity Exports to Zambia by 2027

Botswana Plans 100 MW Power Exports by 2027 as Regional Energy Trade Expands Botswana is targeting electricity exports of at least 100 megawatts (MW) by the end of 2027, with Zambia among the regional markets it hopes to supply as it strengthens domestic generation and cross-border transmission infrastructure. The target forms part of Botswana’s broader strategy to achieve electricity self-sufficiency and transition from reliance on imported power to becoming a potential net exporter within the

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Imbono and University of Cape Town Partner to Advance Future-Ready

Partnership combines academic research with real-world experience to develop practical tool to improve infrastructure resilience across emerging markets Dubai, UAE / Cape Town, South Africa: Imbono, an operational platform focused on infrastructure and critical logistics across emerging markets, the University of Cape Town (UCT) and Abu Dhabi University (ADU), have signed a three-year academic partnership to develop a framework for assessing and improving the resilience of infrastructure across Sub-Saharan Africa. Infrastructure development is essential to

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KBR Expands Energy Ambitions in Libya as US Firm Explores Renewable Power Opportunities

US Engineering Firm KBR Expands Libya Operations Across Oil, Gas and Renewable Energy US engineering company KBR is expanding its presence in Libya, exploring opportunities in renewable energy while continuing to pursue oil, gas and refining projects in the North African country. The company has held discussions with Libya’s Renewable Energy Authority on potential clean energy contracts as the country seeks to modernise its energy infrastructure and develop renewable power projects. The talks form part

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Nigeria Launches Bid Round for 40 Oil and Gas Blocks to Revive Exploration Investment

Nigeria Offers 40 Oil and Gas Blocks as Africa’s Top Producer Seeks New Energy Investment Nigeria, Africa’s largest oil producer, has launched a new licensing round offering 40 oil and gas blocks to investors, as the country intensifies efforts to attract fresh capital into its energy sector and unlock untapped hydrocarbon resources. The initiative forms part of the government’s broader strategy to increase exploration activity, boost reserves, and strengthen long-term crude oil and natural gas

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Shell Begins Exit from Nigeria’s Domestic Gas Distribution Market

Shell Moves to Divest Nigerian Gas Distribution Business as Portfolio Restructuring Continues Global energy major Shell is advancing plans to exit Nigeria’s domestic gas distribution sector, marking another significant step in the company’s ongoing effort to streamline its operations and focus on strategic priorities in key markets. The company is seeking buyers for its stake in the Shell Nigeria Gas (SNG) business, which supplies natural gas to industrial customers across Nigeria. The move forms part

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Tanzania Moves Closer to Landmark $42 Billion LNG Project as Energy Ambitions Accelerate

Tanzania Nears $42 Billion LNG Deal, Strengthening Bid to Become East Africa’s Energy Hub Tanzania is edging closer to securing one of Africa’s largest energy investments, as negotiations for a $42 billion liquefied natural gas (LNG) project approach their final stages. The development is expected to play a pivotal role in the country’s ambition to establish itself as a leading energy hub in East Africa. Finance Minister Khamis Mussa Omar indicated that discussions with investors

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Kenzoll Capital Partners with MSF Commercials to Revive Namibia’s Elizabeth Bay Diamond Mine

Namibia’s Elizabeth Bay Mine Targets Restart Under US$50 Million Investment Plan Dutch private equity and special situations investor Kenzoll Capital has partnered with Namibian-registered MSF Commercials to restart operations at the Sperrgebiet Diamond Mine, formerly known as the Elizabeth Bay Mine, near Lüderitz in southern Namibia. The project aims to revive the historic diamond operation, which has been largely inactive since 2018, while exploring opportunities to develop additional mineral resources. Following regulatory approvals, the investment

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Botswana Receives First Petroleum Cargo from Oman via Mozambique

Botswana Diversifies Fuel Supply Routes with First Oman Petroleum Cargo Botswana has taken a significant step towards strengthening its energy security after receiving its first petroleum cargo from Oman through the Port of Matola in Mozambique on 9 October 2026. Botswana Oil Limited (BOL) announced the milestone, which involved receiving a petroleum cargo from OQ Trading, an Omani energy trading company. The development marked progress in Botswana’s efforts to diversify its petroleum supply sources and

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