You are Here

Category: International

International Corporate News Oil

TotalEnergies Announces New Offshore Hydrocarbon Discovery in Republic of Congo

TotalEnergies Reports Major Offshore Oil Discovery in Republic of Congo, Estimating Over 100 Million Barrels of Recoverable Resources TotalEnergies has announced the discovery of hydrocarbons in the Republic of the Congo as part of its ongoing drilling campaign to expand the Moho offshore field, a key deepwater production hub in the country. The company reported that drilling activities identified a hydrocarbon column of approximately 160 metres, indicating significant resource potential in the area. Based on

Loading

Read More Here

Diamonds Corporate News International

Botswana Seeks Strategic Deals with Oman as It Pursues Greater Control of De Beers

President Duma Boko Travels to Oman to Secure Resource Partnerships and Financing for Potential De Beers Stake Expansion Botswana President Duma Boko is travelling to Oman to sign cooperation agreements covering natural resources and energy, as his administration works to strengthen the country’s position in leading diamond producer De Beers Group. Boko is scheduled to hold talks through Tuesday with Haitham bin Tariq, according to a statement issued by the president’s office on Sunday. The

Loading

Read More Here

International News Oil Petroleum

Zambia Launches US$1.1 Billion Oil Refinery Project to Boost Energy Security

Zambia Launches US$1.1 Billion Crude Oil Refinery Project in Ndola to Boost Energy Security and Industrial Growth The Zambian Government has officially launched the construction of a US$1.1 billion crude oil refinery in Ndola, marking a significant milestone in efforts to strengthen the country’s energy security and accelerate industrial development. Speaking at the ground-breaking ceremony, Minister of Energy Makozo Chikote said the project is being driven by the private sector through Fujian Xiang Xin Corporation

Loading

Read More Here

Diamonds International News

GIA Highlights the World’s Most Iconic Diamonds on World Diamond Day

World Diamond Day 2026: GIA Reveals History and Science Behind Legendary Diamonds In honor of World Diamond Day on April 8, the Gemological Institute of America (GIA) has showcased some of the world’s most famous and fascinating diamonds it has examined over the decades. Since its founding in 1931, GIA has become the global authority in gemology, assessing over four million diamonds annually and uncovering the science, history, and rarity behind stones that have captivated

Loading

Read More Here

International Corporate News Oil

ExxonMobil Nears $10 Billion Investment in Nigeria’s Deepwater Oil Projects

ExxonMobil plans $10B investment in Nigerian deepwater oil to boost production to 180,000 bpd ExxonMobil is moving closer to a $10 billion investment decision in Nigeria, Africa’s largest oil producer, aiming to expand its deepwater oil production in the country to 180,000 barrels per day (bpd). The company first announced the plan in September 2024 following a meeting in New York between its executives and Nigeria’s Vice President Kashim Shettima. The initial phase focuses on

Loading

Read More Here

International News Oil

Middle East Oil Crisis Strains African Economies, Raising Inflation and Food Security Risks

Middle East conflict pushes global oil prices higher, threatening African currencies, debt, and food security A surge in global oil prices driven by the ongoing Middle East conflict is intensifying pressure on African economies, weakening currencies, raising debt costs, and fueling fears of a broader cost-of-living crisis. A joint report by the African Union, the African Development Bank, and the United Nations Development Programme highlights that at least 29 African currencies have depreciated since late

Loading

Read More Here

International Economy Gold

BRICS Plus Nations Expand Gold Reserves as Central Banks Accelerate Shift Away from Dollar

BRICS Plus gold reserves surpass 6,000 tonnes as central banks boost purchases and dollar share declines Members of the BRICS Plus trade bloc now hold more than 6,000 tonnes (t) of gold, representing about 17.4% of total global central bank reserves, up from 11.2% in 2019, according to a market note by financial services group EBC Financial Group. Russia leads the bloc with 2,336 t of gold reserves, followed closely by China with 2,298 t,

Loading

Read More Here

International News Oil

Somalia Launches First Offshore Oil Drilling Campaign in Historic Energy Sector Milestone

Somalia Begins First Offshore Oil Drilling as Türkiye Deploys Deepwater Vessel to Unlock Potential Billion-Barrel Reserves Somalia is set to begin its first-ever offshore oil drilling campaign, marking a significant step in its long-delayed entry into the global energy market as the country seeks to unlock billions of barrels in potential hydrocarbon reserves. The East African nation has confirmed that a Turkish government-owned drilling vessel will arrive off its coast on Friday to commence deepwater

Loading

Read More Here

International Gas News

Kenya Turns to Mozambique for Long-Term Gas Supply to Strengthen Energy Security

Kenya Seeks Long-Term Gas Imports from Mozambique as Rising Demand and Global Conflicts Disrupt Supply President William Ruto has announced plans for Kenya to secure long-term natural gas imports from Mozambique, as the country moves to stabilize energy supply and reduce reliance on distant markets affected by geopolitical tensions. The announcement followed a meeting at State House in Nairobi between President Ruto and Daniel Chapo, President of Mozambique, who is on a three-day state visit

Loading

Read More Here

International Gas News

Algeria to Launch New Oil and Gas Licensing Round Offering Seven Exploration Blocks

Algeria Opens Seven Oil and Gas Blocks to Investors in New Licensing Round Starting April 19 The government of Algeria will launch a new international oil and gas licensing round on April 19, offering seven exploration blocks to energy companies as part of efforts to attract investment and expand activity in its upstream sector. The announcement was made by the National Agency for the Valorisation of Hydrocarbon Resources, the country’s official oil and gas licensing

Loading

Read More Here

1 … 5 6 7 8 9 … 228