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Corporate News Gas International News Oil

Dangote Refinery Makes Breakthrough with First U.S. Gasoline Shipment

Nigeria’s Dangote Refinery Secures First U.S. Gasoline Sales, Proving Capability in Premium Markets Nigeria’s $20 billion Dangote Refinery has reached a major milestone, delivering its first gasoline cargo to the United States after meeting the country’s strict fuel standards. The move signals the refinery’s growing global relevance and its ability to compete in premium markets. The inaugural shipment, carried aboard the tanker Gemini Pearl, was discharged on Monday at Sunoco’s Linden terminal in New York

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Diamonds International News

Diamond Trader Calls for End to Opaque Auctions as Market Slump Deepens

HB Antwerp Urges Diamond Industry to Scrap Auctions for Profit-Sharing Model Amid Price Crisis The global diamond market is facing one of its deepest crises in history, with producers struggling against falling prices, weak demand, and growing competition from lab-grown alternatives. According to Oded Mansori, co-founder and managing partner of Belgian gem trader HB Antwerp, the traditional system of selling rough diamonds through tenders and auctions is outdated, opaque, and leaves producers vulnerable. Speaking on

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International Gold News

Gold Breaks $3,600 for the First Time as Rate Cut Expectations Fuel Rally

Gold Price Hits Record $3,600 in September 2025 — Analysts Predict $4,000 by 2026 Driven by growing expectations of lower interest rates in the United States, gold surged past the symbolic threshold of USD 3,600 per ounce for the first time in September 2025, reinforcing its role as a safe-haven asset in a turbulent global economy. Swiss bank UBS has revised its forecast upward, now projecting gold to reach USD 3,800 per ounce by the

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International Gold News

Ghana to Begin Local Gold Refining and Fire Assay Operations in October 2025

Ghana Gold Board to Launch Local Refinery and Fire Assay Lab by October 2025 The Ghana Gold Board has announced that it will commence local gold refining and fire assay operations in October 2025, marking a major step toward adding value to the country’s mineral exports. The announcement was made by Sammy Gyamfi, CEO of the Gold Board, at the Mining and Minerals Convention in Accra on Tuesday, September 9, 2025. According to Gyamfi, the

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International Gas News

Afreximbank and MDGIF Partner to Invest $500 Million in Nigeria’s Gas Infrastructure

Afreximbank, MDGIF Sign $500 Million Deal to Modernize Nigeria’s Gas Infrastructure and Boost Industrialisation The African Export-Import Bank (Afreximbank) and the Midstream and Downstream Gas Infrastructure Fund (MDGIF) have signed a landmark Memorandum of Understanding (MoU) to accelerate the development and modernisation of Nigeria’s gas infrastructure. The agreement was formalised on the sidelines of the Intra-African Trade Fair (IATF2025) by Mrs. Helen Brume, Afreximbank’s Director and Global Head of Project and Asset-Based Finance, and Mr.

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Gas Local News

ANPG Confirms First Gas from Angola’s Offshore Block 1/14 Expected This Year

Angola’s Block 1/14 Set to Deliver First Gas in 2025 Angola’s national oil and gas concessionaire, the National Oil, Gas & Biofuels Agency (ANPG), has announced that first gas from offshore Block 1/14 is expected in 2025. The announcement was made by Paulino Jerónimo, President of ANPG, during the opening day of the Angola Oil & Gas 2025 Conference and Exhibition in Luanda on September 3. “We anticipate first gas from the block this year

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Local News Oil

Angola to Launch 2025 Oil Licensing Round Targeting Kwanza and Benguela Basins

Angola Announces 2025 Oil Licensing Round to Boost Exploration in Kwanza and Benguela Basins Angola’s Minister of Mineral Resources, Petroleum and Gas, Diamantino Azevedo, has announced that the country’s next oil licensing round will be launched by Q4 2025, offering acreage in the Kwanza and Benguela basins. Speaking during a Ministerial Fireside Chat sponsored by Vitol at the Angola Oil & Gas Conference and Exhibition 2025, Minister Azevedo emphasized that the round is part of

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Local News Oil Partnerships

Namibia Calls for Stronger Angola Partnership to Build Inclusive Energy Future

Namibia Seeks Angola’s Guidance to Unlock Oil and Gas Potential and Drive Regional Energy Growth Maggy Shino, Petroleum Commissioner at Namibia’s Ministry of Mines and Hydrocarbons, underscored the critical role of regional collaboration in shaping Africa’s energy future during the Angola Oil & Gas (AOG) 2025 Conference and Exhibition. Delivering a keynote address on behalf of Kornelia Shilunga, Presidential Special Advisor and Head of the Upstream Petroleum Unit in the Office of the President, Shino

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Expos & Events Local News

Banco BCS, BODIVA and AFC Drive Innovative Financing to Empower Local Energy Companies

Financing Angola’s Energy Future: Banco BCS, BODIVA, AFC and Partners Showcase Funding Solutions for Local Companies Banco BCS-sponsored panel at the Angola Oil & Gas 2025 Conference and Exhibition shed light on the vital role of financing in unlocking opportunities for Angola’s local oil and gas companies. As Angola works to reverse declining oil production and increase the participation of indigenous service providers, the financial sector is stepping up to provide the tools and capital

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Local News Oil

ANPG Revitalizes Angola’s Mature Oilfields with Incremental Production Decree

Angola’s ANPG Boosts Mature Oilfield Output with Tax Incentives Under Incremental Production Decree Angola’s upstream regulator, the National Oil, Gas & Biofuels Agency (ANPG), is taking decisive steps to revitalize production from the country’s mature oilfields through the implementation of the Incremental Production Decree. The policy, designed to unlock untapped opportunities in long-producing fields, offers a suite of fiscal and tax incentives aimed at sustaining national oil production above one million barrels per day. Speaking

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