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Category: International

International Corporate News Diamonds

Lucara Confirms Strong Economics for Karowe Underground Diamond Project

Lucara Estimates 4.5 Million Carats from Karowe Underground Mine in Botswana Canadian miner Lucara Diamond Corporation has confirmed that the underground expansion of its Karowe diamond mine in Botswana could recover approximately 4.5 million carats over a projected mine life of ten years, according to an updated technical report. The company undertook the update to its underground feasibility study to reinforce its strategic decision to extend the life of the Karowe operation and continue delivering

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Corporate News Gas International

Eni’s Zohr Discovery Transforms Egypt’s Natural Gas Outlook

Eni Discovers Up to 30 Tcf of Gas at Zohr, Egypt’s Largest-Ever Gas Field Eni has discovered natural gas reserves estimated at up to 30 trillion cubic feet (Tcf) in Egypt’s Zohr field, marking the largest gas discovery ever recorded in the country and a turning point for its energy sector. Hamdy Abdel-Aziz, spokesperson for Egypt’s Ministry of Petroleum, said the find increases Egypt’s total natural gas reserves by roughly one-third. Egypt’s proven gas reserves

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International Gas News

NNPC Advances AKK Gas Pipeline to Drive Industrial Growth in Northern Nigeria

Nigeria’s NNPC Nears Completion of AKK Gas Pipeline to Boost Industry and Power in the North Nigeria’s state-owned energy company is counting on the long-delayed Ajaokuta–Kaduna–Kano (AKK) gas pipeline to stimulate industrial development across northern Nigeria, according to its chief executive following a briefing with President Bola Tinubu. Bashir Ojulari, Group Chief Executive Officer of NNPC Ltd, said the company has completed welding of the pipeline’s main line, including the critical River Niger crossing that

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International Gas News Oil

Egypt Drills New Oil and Gas Wells to Boost Western Desert Production

Egypt Increases Oil and Gas Output with New Western Desert Wells and Nile Delta Discovery Egypt’s Ministry of Petroleum and Mineral Resources has announced the successful drilling of two new oil and gas production wells in the Western Desert, reinforcing efforts to raise domestic energy output. According to the ministry, Agiba Petroleum Company drilled the Dorra 36 and West Yasmine 3 wells, with initial tests confirming strong natural flow rates from both locations. Preliminary estimates

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International News Renewable Energy

Namibia Commissions 5 MW Green Hydrogen Plant at Walvis Bay Port

Namibia Launches Africa’s First Integrated Green Hydrogen Plant at Walvis Bay Port A 5 MW green hydrogen plant has begun operations at Namibia’s Walvis Bay port, marking a significant step toward cleaner energy use in Africa’s transport and logistics sector. The project was developed by Plug Power in partnership with Cleanergy Solutions Namibia and is among the continent’s first fully integrated commercial green hydrogen facilities powered entirely by renewable energy. Located within Namibia’s main export

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International Gas News Oil

Waha Oil Brings New Gas Wells Online to Support Libya’s Power Supply

Waha Oil Boosts Libya’s Electricity Supply with Two New Gas Wells Waha Oil Company has brought two new gas wells into production as part of efforts to strengthen Libya’s electricity supply and reduce recurring fuel shortages at power plants. The company connected the new wells to existing surface facilities, enabling gas to be delivered quickly into the national grid. Most of the additional volumes will be directed to power generation, helping to address chronic fuel

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International News Oil

Ghana Moves to Boost State Stake in Jubilee and TEN Oilfields Through License Extensions

Ghana to Increase Ownership in Jubilee Oilfield as License Extensions Drive New Drilling and Output Growth Ghana plans to increase its ownership in the Jubilee oilfield under proposed license extensions designed to keep production running into the next decade and counter natural output decline through new drilling activity. The government has approved extensions to the West Cape Three Points and Deep Water Tano petroleum agreements, which cover the Jubilee and TEN fields. The decision strengthens

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International News Oil

Ghana’s Tema Oil Refinery Resumes Crude Processing After Years of Shutdown

Ghana Restarts Tema Oil Refinery in Bid to Cut Fuel Imports and Strengthen Energy Security Ghana’s state-owned Tema Oil Refinery (TOR) has reportedly resumed crude oil processing after more than six years of inactivity, marking a significant step toward reducing the country’s reliance on imported fuels and strengthening domestic energy security. Officials have confirmed that the refinery’s crude distillation unit is back online, although current output levels have not been formally disclosed. The restart follows

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Oil Gas International News

Europa Oil & Gas Secures Chinese Partner to Advance Offshore Gas Drilling in Equatorial Guinea

Europa Oil & Gas Signs Farm-In Deal to Drill High-Potential Barracuda Gas Prospect Offshore Equatorial Guinea UK-listed Europa Oil & Gas has moved a step closer to drilling a major shallow-water gas prospect offshore Equatorial Guinea after finalizing a farm-in agreement with a Chinese investor, strengthening momentum behind one of the company’s most promising African assets. Under the agreement, Fuhai (Beijing) Energy, a wholly owned subsidiary of privately held Fuhai Group New Energy Holding, will

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Gold International Mining Projects

Ethiopia Secures $340 Million Financing to Launch Landmark Tulu Kapi Gold Mine

Ethiopia Mining Sector: $340 Million Secured to Develop Tulu Kapi, the Country’s Largest Modern Gold Project Ethiopia has taken a decisive step toward transforming itself from a marginal gold producer into a significant player in Africa’s mining industry after securing approximately $340 million in financing to develop the long-delayed Tulu Kapi gold project, the country’s largest modern mining venture. The financing milestone clears the way for construction to begin on one of Ethiopia’s most important

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