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Diamonds International Mining Projects

Botswana Diamonds Secures Four New Prospecting Licences After AI-Driven Exploration Success

Botswana Diamonds Awarded Four New Prospecting Licences Following AI-Powered Exploration for Diamonds and Critical Minerals London-listed Botswana Diamonds has been awarded four new prospecting licences in Botswana following an extensive AI-driven exploration programme across the country. This innovative approach identified several highly prospective targets for diamonds as well as critical minerals including copper, silver, cobalt, gold, nickel, zinc, and platinum group metals (PGMs). The four licences—PL298, PL303, PL304, and PL305—focus primarily on diamond exploration and

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Corporate News International Oil

Woodside Energy Takes Over Operatorship of Bass Strait Assets from ExxonMobil

Woodside Energy Assumes Control of Bass Strait Oil and Gas Operations, Unlocking $60M in Synergies Woodside Energy announced on Tuesday that it will assume operatorship of the Bass Strait oil and gas assets from ExxonMobil, a move expected to generate approximately $60 million in synergies. The Bass Strait portfolio includes the Gippsland Basin and Kipper Unit joint ventures. Both Woodside and ExxonMobil each hold a 50% stake in the Gippsland Basin and 32.5% in the

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International Corporate News Oil

TotalEnergies Holds Off on Venus Oil Project Pending Agreement with Namibian Govt

TotalEnergies Delays Final Decision on Namibia’s Venus Oil Discovery Amid Government Talks TotalEnergies has confirmed it will not proceed with the development of its multi-billion-dollar Venus oil discovery in Namibia’s Orange Basin until a formal agreement is reached with the Namibian government. During the company’s second-quarter earnings call, TotalEnergies CEO Patrick Pouyanné emphasized the need for alignment and mutual understanding before committing to a final investment decision (FID). “You’re dealing with a country that is

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Corporate News Gas International Oil

TSE Oil and Gas Prepares for Offshore Exploration in Namibia’s Walvis Basin

TSE Oil to Launch €80 Million Exploration Programme in Namibia’s Walvis Basin Block 2312 Namibian energy firm TSE Oil and Gas has announced its readiness to begin exploration activities in Block 2312 of the Walvis Basin, supported by a comprehensive €80 million (N$1.6 billion) programme. The initiative includes seismic surveys and the drilling of two offshore wells. TSE Oil CEO Thomas Shindi stated that the company submitted its application for a Petroleum Exploration Licence (PEL)

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International Gas Oil

PETROFUND Invests Over N$115 Million in Building Namibia’s Oil and Gas Talent Pipeline

PETROFUND Commits N$115 Million to Train Namibians for Careers in Upstream Oil and Gas Sector The Petroleum Training and Education Fund (PETROFUND) has invested more than N$115 million to develop skilled Namibian professionals for the country’s growing upstream oil and gas industry. Speaking at the 2nd Youth in Oil and Gas Summit, PETROFUND Chief Executive Officer Nillian Mulemi highlighted the impact of the fund’s flagship scholarship programme, which has already benefited 438 Namibians. The scholarship

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International News Oil

Namibia Targets 150 Million Barrels of Oil by 2030 Under New National Plan

Namibia Aims for 150 Million Barrels of Oil by 2030 in Ambitious Energy Strategy Unveiled in NDP6 Namibia has announced bold ambitions to produce 150 million barrels of oil by 2030, as outlined in the newly launched Sixth National Development Plan (NDP6). The plan, unveiled on Monday by President Netumbo Nandi-Ndaitwah, sets forth strategic targets across key sectors, with energy development at the forefront. The production target follows a wave of major offshore oil discoveries

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Corporate News International Oil

Shell Reaffirms Commitment to Namibia’s Oil Exploration Efforts in High-Level Meeting

Shell Strengthens Investment Ties with Namibia Amid Growing Offshore Oil Discoveries A high-level delegation from global energy giant Shell, led by Eugene Okpere—Shell’s Executive Vice President for Exploration Strategy, Portfolio, Integrated Gas, and Upstream—met with Namibian President Netumbo Nandi-Ndaitwah to discuss the company’s ongoing operations and future plans in the country’s oil exploration sector. During the meeting, President Nandi-Ndaitwah expressed her appreciation for Shell’s continued investment in Namibia and reaffirmed the government’s commitment to supporting

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International News Renewable Energy

African Energy Council and Nigeria’s REA Unite to Expand Clean Energy Access

African Energy Council Signs MoU with Nigeria’s REA to Boost Clean Energy in Underserved Communities The African Energy Council (AEC) has signed a Memorandum of Understanding (MoU) with Nigeria’s Rural Electrification Agency (REA) to collaborate on expanding access to clean, reliable energy in underserved and unserved communities across the country. This strategic partnership lays the groundwork for impactful collaboration focused on delivering practical energy solutions to areas that need them the most. By leveraging AEC’s

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International Corporate News Oil

Dangote Refinery Withdraws $66 Million Lawsuit Against NNPC and Petroleum Regulator Over Fuel Import Permits

Dangote Refinery Drops Lawsuit Against NNPC, Petroleum Regulator Over Fuel Import Licenses Dangote Refinery has officially withdrawn its lawsuit against Nigeria’s petroleum industry regulator and several fuel importers, including the state-owned Nigerian National Petroleum Company Limited (NNPC Ltd). The case, filed at the Federal High Court in Abuja, had challenged the issuance of fuel import licenses by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA). In addition to NNPC, the suit named five other

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International News Oil

Niger Boosts Oil Revenues and Production After Cutting Ties with French Influence

Niger’s Oil and Gas Boom: A Strategic Shift Toward Self-Reliance Niger has made significant strides in its oil and gas sector, with rising revenues and increased production marking a new era of energy independence and economic potential. This growth comes on the heels of the country’s strategic decision to assert greater control over its natural resources by reducing reliance on French involvement. The shift is already producing measurable results. Authorities have focused on three key

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