As we move into 2024, the global mining industry is abuzz with excitement as the annual Mining Indaba event makes its triumphant return. What makes this year’s event particularly special is the revival of the “Mining Innovation and Research Battlefield,” a platform that promises to showcase cutting-edge technologies and research breakthroughs set to revolutionize the mining sector. Mining Indaba: A Premier Gathering for the Mining Industry Mining Indaba has long been recognized as one of
TotalEnergies is “hopeful” it will be possible to restart the $20-billion liquefied natural gas (LNG) project in northern Mozambique in early 2024, says TotalEnergies Gas, Renewables, and Power’s long-term LNG marketing and business development deputy VP, Christophe Auger. TotalEnergies holds a leading 26.5% stake in the development, which was halted in 2021 after Islamic State-linked insurgents launched attacks in the northern Cabo Delgado province where the project’s onshore infrastructure will be located. The French energy
The UK announced a pledge to help African countries expand their critical mineral supply chains with a focus on promoting mineral exploration and processing, generating value added activities, and creating local jobs during the Critical Minerals Africa 2023 summit on Wednesday 18th October. “African countries rightly have a high level of ambition for unlocking the value of their natural resources, and the UK will work with them in partnership to support the delivery of their
Angola’s largest private oil and gas company Azule Energy plans to raise production by around 14% to 250,000 barrels per day (bpd) by 2026, its CEO said in a boost to the country’s plans to turn around flagging output. Azule Energy, a 50/50 joint venture between Eni (ENI.MI) and BP (BP.L), was formed last year when the two companies consolidated their Angolan assets. The company plans to drill 16 exploration wells over the next four
Anglo American Platinum, BMW Group South Africa (BMW SA), and Sasol have partnered to prove that a hydrogen mobility ecosystem can operate successfully within South Africa. The three companies inked an agreement on Monday at the 2023 South African Green Hydrogen Summit in Cape Town that will bring hydrogen fuel cell electric vehicles (FCEVs) and supporting hydrogen refueling technology to South Africa. In terms of the agreement, BMW will provide the FCEVs a test fleet
Sonangol begins its participation in this year’s African Energy Week (AEW) today, where it is presenting a communication dedicated to the company’s actions in the areas of optimizing the business model after the regeneration process and the energy transition. In a statement sent to the Jornal de Angola on Sunday, Sonangol stated that at the event, which runs until Friday, it is represented by a delegation led by Executive Administrator Osvaldo Inácio. This delegation includes
The forthcoming Critical Minerals Africa (CMA) 2023 summit has unveiled its three-day program, bringing together public and private sector industry leaders in a concerted effort to establish world-class mineral supply chains in Africa. Commencing the main conference agenda on October 18th, 2023 is a ministerial forum that will showcase the participation of ministers from South Sudan, Malawi, and the Democratic Republic of the Congo, along with ministry representatives from Tanzania and Zimbabwe. They will outline
The African continent is currently in the midst of an exciting and transformative period in its energy sector. As global awareness of the urgent need to transition to cleaner and more sustainable sources of energy intensifies, African nations are stepping up their efforts to harness their vast renewable energy potential. In this endeavor, African banks are playing a crucial role by providing the much-needed financial support to propel the continent’s energy transition. This article explores
The European Bank for Reconstruction and Development (EBRD) has approved a €45 million loan to Tunisia’s Société tunisienne de l’électricité et du gaz (STEG) for a submarine power cable linking Tunisia and Italy. STEG will combine the loan with a €307.6 million grant from the European Union’s Connecting Europe Facility, and financing from the European Investment Bank, the World Bank, and KfW to develop the 200-km 600 MW high-voltage direct current transmission network. The project,
The TFT Group, a joint venture comprising the Algerian National Oil Company Sonatrach and the global oil and gas major TotalEnergies, has signed a contract with Entreprise Nationale de Grands Travaux Pétroliers (ENGTP) to expand the TFTII oil and gas pipeline. ENGTP will conduct engineering studies, procure equipment, and materials for the project, as well as construct the pipeline, flowlines, and surface facilities as part of the 8 billion dinars contract. The extension of the
