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Gas International News

Libya Launches Farigh–Brega Gas Pipeline Phase One to Strengthen Domestic Energy Supply

Libya’s NOC Activates First Phase of Farigh–Brega Gas Pipeline to Boost Power Supply and Support 2030 Production Targets Libya’s National Oil Corporation (NOC) has launched the first phase of the Farigh–Brega gas pipeline, marking a significant milestone in efforts to strengthen domestic gas supply and enhance energy security. The initial segment of the pipeline is now operational, with gas pumping and pressure balancing underway as system integration continues across the network. The development reflects Libya’s

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Diamonds International News

Botswana Faces Economic Strain as Global Diamond Slump Triggers Credit Rating Downgrade

Botswana’s Credit Rating Cut to BBB- as Falling Diamond Demand Pressures Economy and Foreign Reserves Recognized as Africa’s largest diamond producer, Botswana is facing mounting economic challenges as the prolonged downturn in the global diamond market continues to weigh on its financial stability. Reflecting these pressures, S&P Global Ratings has downgraded Botswana’s long-term sovereign credit rating from BBB to BBB-. The ratings agency indicated that the country’s mineral-dependent economy is likely to remain under strain

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International News Oil

Algeria Advances Trans-Sahara Gas Pipeline with Technical Mission to Niger

Algeria Moves Forward on $13 Billion Trans-Sahara Gas Pipeline Linking Nigeria to Europe via Niger Algeria has dispatched a technical delegation from its state-owned energy company, Sonatrach, to Niger to advance preparations for the long-delayed Trans-Sahara Gas Pipeline, a major regional energy project intended to transport natural gas from West Africa to European markets. Africa’s third-largest oil producer is accelerating efforts to implement the project, which is designed to strengthen export capacity and diversify energy

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International Energy News

Africa’s Power Sector Draws $13.8B in Investments, but Execution Gap Remains a Challenge

Africa’s Energy Deals Reach $13.8B in 2025, Highlighting Need for Bankable Clean Energy Projects Africa’s power sector is attracting increasing global investment, with energy deals estimated at $13.84 billion in 2025, driven largely by clean energy initiatives. However, a significant gap persists between announced projects and those successfully delivered, raising concerns about execution and bankability across the continent. According to Energy Capital & Power, around 74,000 megawatts (MW) of power capacity has been announced in

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International Gas News

Africa Positions Itself as Key LNG Supplier to Europe Amid Global Energy Shifts

Africa Expands LNG Exports to Europe as Demand Rises Amid Energy Supply Uncertainty Africa is increasingly emerging as a strategic supplier of liquefied natural gas (LNG) to Europe, as shifting global energy dynamics driven by instability in the Middle East and ongoing uncertainty surrounding Russian gas supplies reshape international markets. Energy ministers from Senegal, Equatorial Guinea, Nigeria, and the Republic of the Congo are expected to meet European stakeholders in Paris next month during the

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Local Economy Gas News

Angola Begins Gas Exports from Quiluma Field with 150 Million Cubic Feet per Day

Angola Launches Gas Exports from Quiluma Field, Boosting Energy Diversification The National Agency of Petroleum, Natural Gas and Biofuels (ANPG) announced on Monday the start of gas supply from the Quiluma field, operated by the Novo Consórcio de Gás (NCG). Initial exports reached 150 million cubic feet per day, with projections to climb to 314 million cubic feet per day by the end of the year. Operations officially began last Friday, according to ANPG and

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Economy International News

Burkina Faso Mining Development Fund Raises CFA85.7 Billion in 2025

Burkina Faso Collects $152 Million from Mining Development Fund in 2025 to Support Local Development Burkina Faso collected CFA85.72 billion (about $152 million) through its Mining Development Fund (FMD) in 2025, underscoring the country’s growing role in Africa’s mineral resources sector. Established in 2020, the fund channels revenue from mining activities into local development projects and national strategic initiatives, aiming to ensure that the country’s mineral wealth generates broader economic and social benefits. The results

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Local Economy News

Chinese Investors Dominate $21.8 Billion in Proposed Investments in Angola

China Leads $21.8 Billion Investment Proposals in Angola as AIPEX Reports Surge in Foreign Interest Angola has received 596 investment proposals worth about $21.8 billion over the past five years, with Chinese investors accounting for roughly 80% of the total, according to Arlindo das Chagas Rangel, chairman of the Private Investment and Export Promotion Agency (AIPEX). The surge in investment proposals highlights Angola’s growing appeal as one of Africa’s key resource economies. As Africa’s second-largest

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International News Oil

Ghana Plans Capacity Boost at Tema Oil Refinery to Strengthen Domestic Fuel Supply

Ghana to Expand Tema Oil Refinery Capacity to 45,000 bpd to Reduce Fuel Imports Ghana is taking steps to strengthen its domestic fuel supply as the Tema Oil Refinery (TOR) advances plans to expand crude processing capacity, a move that could modestly increase refining output across West Africa. The state-owned refinery plans to raise production from about 28,000 barrels per day (bpd) to 45,000 bpd, representing a 61% increase. The expansion will be achieved through

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International News Oil

Exploration Well Offshore Gabon Finds No Hydrocarbons but Development Plans Continue

Offshore Gabon Exploration Well Finds Water Instead of Oil as Etame Drilling Program Continues An exploration well drilled offshore Gabon has failed to discover hydrocarbons, according to the operator, which said the drilling was part of ongoing efforts to expand resources in the country’s offshore fields. The step-out well was drilled within the Etame Marine License, where the operator is carrying out a multi-well drilling campaign aimed at sustaining production and identifying additional reserves. Beyond

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