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Local Mining Projects News Oil

Angola’s MIREMPET Assesses Mining and Oil Potential in Icolo & Bengo Province

MIREMPET Evaluates Solid Minerals and Hydrocarbon Potential in Icolo & Bengo Ministry of Mineral Resources, Petroleum and Gas (MIREMPET) on Monday reviewed the mineral, oil and gas potential of Icolo e Bengo during a high-level meeting with provincial officials and sector technicians. The session, led by Minister Diamantino Azevedo, focused on assessing ongoing activities in the province and identifying mechanisms to strengthen institutional coordination, regulatory oversight and sector development. According to the minister, as one

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International News Oil Petroleum

Nigeria to Launch Cawthorne Crude Exports as Output Recovers

Nigeria Introduces Cawthorne Light Sweet Crude to Boost Exports and Strengthen OPEC Position The Nigerian National Petroleum Corporation has announced plans to begin exporting a new light, sweet crude grade known as Cawthorne from March, signaling a gradual recovery in production from Africa’s largest oil exporter. The launch of the new grade comes as Nigeria works to restore output levels that have been constrained for years by pipeline vandalism, crude theft and security challenges in

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Renewable Energy International News

Egypt and Scatec Discuss Expanding Renewable Energy and Green Investment

Egypt Boosts Renewable Energy Ambitions as Minister Farid Meets Scatec CEO to Expand Solar and Battery Projects Egypt is strengthening its push toward renewable energy and green investment following a high-level meeting between Minister of Investment and Foreign Trade Mohamed Farid and Terje Pilskog, CEO of Scatec. According to a ministry statement, discussions focused on expanding cooperation in renewable energy development and scaling up sustainable investment projects across the country. Scatec is an established player

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Local Energy News

DRC and Angola Partner with Somagec on $1.2B Energy Transmission Projects

DRC and Angola Launch Major Cross-Border Energy Transmission Lines to Boost Industrial Growth and ElectrificationThe Ministry of Water Resources and Electricity of the Democratic Republic of Congo (DRC), represented by Minister Aime Sakombi Molendo, has signed an agreement with Moroccan firm Somagec to develop two ambitious energy transmission lines connecting Angola and the DRC. According to a statement, the 400 kV transmission line projects include: High-Voltage Infrastructure for Regional Integration The Soyo-Inga-Cabinda line is a

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International News Oil

Egypt Commits $4 Billion to Modernize Oil Refineries and Boost Energy Security

Egypt Launches $4B Refinery Upgrade Plan to Reduce Fuel Imports and Strengthen Regional Energy RoleEgypt is investing $4 billion to modernize and expand its oil-refining sector in a strategic move to enhance energy security, increase local value creation, and reduce costly fuel imports. Karim Badawi, Minister of Petroleum and Mineral Resources, outlined the plan, which includes six refinery upgrade projects aimed at increasing national refining capacity and improving operational efficiency. “The government has developed a

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Local News Oil

Angola Announces 500 Million-Barrel Oil Discovery at Algaita-01 in Block 15/06

Angola’s ANPG Confirms 500 Million-Barrel Oil Discovery at Algaita-01 Well in Block 15/06 National Agency of Petroleum, Gas and Biofuels (ANPG) has announced a new oil discovery at the Algaita-01 well in Block 15/06, located in the Lower Congo Basin offshore Angola. The find is estimated to contain approximately 500 million barrels of oil in place, reinforcing the basin’s exploration potential. Drilling Results Drilling operations at Algaita-01 commenced on January 10 in water depths of

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International News Oil

Kenya Advances Toward First Commercial Oil as Gulf Energy Secures Onshore Rig

Kenya Targets First Oil by Year-End After Gulf Energy Leases GW70 Rig for South Lokichar Basin Kenya is moving closer to achieving its first commercial oil production following the decision by Gulf Energy E&P BV to lease a high-capacity onshore drilling rig for operations in the South Lokichar Basin. Gulf Energy, which assumed control of the Turkana oil project, has contracted the GW70 onshore rig as part of efforts to accelerate development of the long-delayed

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Renewable Energy International News

Egypt Launches 500 MW Solar BOO Tender to Expand Renewable Energy Capacity

Egypt’s EETC Issues 500 MW Solar Tender Under BOO Model to Boost Clean Energy Investment Egyptian Electricity Transmission Company (EETC) has announced a major renewable energy tender for the development of a 500-megawatt (MW) solar photovoltaic (PV) power plant, marking a significant step in Egypt’s strategy to diversify its energy mix and increase the share of renewables in the national grid. The 500 MW project is designed to strengthen Egypt’s clean energy infrastructure and support

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International Gas News Oil

Libya’s National Oil Corporation Restarts Sinawen Field After Prolonged Shutdown

Libya Resumes Sinawen Oil Field Production in Nalut After 3.5-Year Suspension National Oil Corporation (NOC) has resumed production at the Sinawen oil field in the Nalut region of western Libya, ending a shutdown that lasted more than three and a half years. The field was taken offline due to financial and technical challenges related to crude transportation via pipelines connected to the Mellitah Oil and Gas Complex. According to the NOC, these constraints disrupted export

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International News Oil

Ghana Ratifies License Extensions for Jubilee and TEN Fields Through 2040

Ghana Approves Kosmos Energy License Extensions to 2040, Unlocking $2 Billion Investment and Boosting Jubilee & TEN Output Kosmos Energy has secured parliamentary ratification in Ghana for license extensions covering the West Cape Three Points and Deepwater Tano Petroleum Agreements. The approvals allow continued operations at the Jubilee and TEN fields through 2040, reinforcing long-term production and investment certainty in the country’s offshore sector. The extensions are expected to unlock up to $2 billion in

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