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Category: Petroleum

Local Corporate News Oil Petroleum

Pumangol Unveils App-Based Self-Service Fueling System in Angola

Pumangol Launches Digital Self-Service Fueling Platform to Modernize Customer Experience in Angola Angolan fuel distributor Pumangol has launched an innovative self-service fueling solution that allows motorists to refuel their vehicles independently using a mobile application, marking a significant step in the company’s digital transformation strategy. The new service, known as Self Service VIA, is integrated into the company’s VIA mobile app and enables customers to manage the entire fueling process without assistance from station attendants.

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Petroleum Local News Oil

Angola’s Fuel Import Bill Nears $1 Billion in Third Quarter Despite Refining Expansion Plans

Angola Spends Nearly $1 Billion on Fuel Imports in Q3 as Government Pushes Refining Capacity Growth Angola spent approximately $1 billion on fuel imports during the third quarter, highlighting the country’s continued reliance on imported petroleum products despite being one of Africa’s leading crude oil producers. The expenditure underscores a long-standing challenge within Angola’s energy sector: while the country exports significant volumes of crude oil, domestic refining capacity remains insufficient to meet national demand for

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International Oil Petroleum

Ghana Advances $28 Billion Petroleum Hub Expansion with New Development Agreement

Ghana Signs $28 Billion Petroleum Hub Expansion Deal Featuring Refinery, Petrochemicals and Storage Infrastructure Ghana has taken another step toward establishing itself as a major petroleum processing and trading hub in West Africa after signing a memorandum of understanding (MoU) for a proposed US$28 billion expansion of its flagship Petroleum Hub project. The agreement was signed in Accra on 19 October by the Petroleum Hub Development Corporation and a consortium led by UAE-based Global Sphere,

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International Oil Petroleum

Namibia’s Petroleum Amendment Bill Advances Despite Oversight Concerns

Namibia’s Petroleum Bill Advances as Parliament Debates Presidential Control of Oil Sector Namibia’s Petroleum (Exploration and Production) Amendment Bill has passed its second reading in the National Assembly, advancing proposed changes to the country’s petroleum governance framework despite concerns over accountability and the concentration of regulatory powers in the Presidency. The bill secured 50 votes in favour on Tuesday, 20 October, with no votes against or abstentions. Most opposition parties had walked out of an

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International Oil Petroleum Transport and Logistics

Botswana Receives First Petroleum Cargo from Oman via Mozambique

Botswana Diversifies Fuel Supply Routes with First Oman Petroleum Cargo Botswana has taken a significant step towards strengthening its energy security after receiving its first petroleum cargo from Oman through the Port of Matola in Mozambique on 9 October 2026. Botswana Oil Limited (BOL) announced the milestone, which involved receiving a petroleum cargo from OQ Trading, an Omani energy trading company. The development marked progress in Botswana’s efforts to diversify its petroleum supply sources and

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Corporate News International Oil Petroleum

Dangote Refinery IPO Attracts N1.5 Trillion in First Hour

Dangote Refinery IPO Draws N1.5 Trillion in Early Demand as Africa’s Largest Share Sale Opens Investors committed about N1.5 trillion to the initial public offering (IPO) of Nigeria’s Dangote Petroleum Refinery within the first hour of the share sale opening, highlighting strong early demand for Africa’s largest refinery. The IPO opened on September 14 on the Nigerian Exchange (NGX), with Dangote offering 4.1 billion ordinary shares at N525 each. The offer is targeting approximately N2.15

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Corporate News International Oil Petroleum

Dangote Plans 2,650km Fuel Pipeline Through Botswana to South Africa

2,650km Dangote Pipeline to Link Walvis Bay With Southern African Fuel Markets Dangote Petroleum is planning to develop a petroleum-products pipeline of approximately 2,650 kilometres linking Namibia, Botswana and South Africa as part of a wider strategy to expand fuel distribution across Southern Africa. The proposed pipeline would transport petrol, diesel and aviation fuel from Dangote’s refinery in Nigeria to regional markets through a network centred on a planned storage facility at Walvis Bay, Namibia.

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Local News Oil Petroleum

China Turns to Angolan and Congolese Crude as Middle East Supply Disruptions Intensify

China Buys Angolan and Congolese Oil as Middle East Supply Disruptions Tighten Global Markets Chinese independent refiners have increased purchases of crude oil from Angola and the Republic of Congo as disruptions to Middle Eastern supplies force buyers to seek alternative sources. The purchases form part of a broader effort by Chinese refiners to secure crude from international markets as supplies from Iran and Russia become more difficult to obtain amid the ongoing conflict involving

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International Corporate News Oil Petroleum

Sonatrach Deepens Energy Cooperation with Niger Through Exploration and Fuel Agreements

Sonatrach Expands Niger Energy Cooperation with New Exploration, Drilling and Fuel Deals Algeria’s state-owned energy company Sonatrach is expanding its cooperation with Niger through a series of agreements covering oil exploration, drilling services and petroleum-product supplies. In June 2026, Sonatrach and Niger’s national oil company SONIDEP signed three memoranda of understanding covering seismic exploration, drilling operations and petroleum products. The agreements build on a cooperation framework established in 2024 and are intended to strengthen technical

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International Oil Petroleum

Zambia Approves New Pipelines to Strengthen Fuel Supply Security

Zambia Approves Tanzania and Namibia Fuel Pipelines to Strengthen Energy Security Zambia’s Cabinet has approved two major regional pipeline projects aimed at diversifying the country’s fuel supply routes, improving energy security and meeting growing petroleum demand. The projects are the Tanzania-Zambia Multi-Products Pipeline (TZMPP) and the Namibia-Zambia Refined Petroleum and Natural Gas Pipeline (NZPGP). The government has also approved a shareholding structure for the new Tanzania-Zambia pipeline. The projects are intended to reduce Zambia’s reliance

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