Alrosa Swings to $110 Million H1 Loss as Weak Diamond Market and Strong Rouble Hit Earnings Russian diamond producer Alrosa has reported a net loss of 9.5-billion roubles ($110.1-million) for the first half of 2026, compared with a profit of...

Nigeria’s Petrol Imports Surge to 43% of Supply, Pushing Dangote Refinery to Export Surplus Fuel Nigeria’s Dangote Petroleum Refinery is increasing petrol exports as rising imports take a growing share of the domestic market, creating uncertainty over demand and leaving...

DRC’s Kamoa-Kakula Begins 24/7 Solar Power From 233MW Renewable Energy System The Kamoa-Kakula Copper Complex in the Democratic Republic of Congo (DRC) has begun receiving round-the-clock electricity from a 233 MWp solar farm and 526 MWh battery storage system, strengthening...

DRC Secures $1.26bn Railway Investment as Tshisekedi Clarifies Dilolo-Sakania Concession DRC President Félix Tshisekedi has reassured the public that the concession of the Dilolo-Sakania railway line will not privatise the state-owned railway company or create a monopoly, as the government...

Central African Republic Inaugurates 50 MW Solar Plant with Battery Storage to Boost Electricity Supply The Central African Republic (CAR) has inaugurated a 50 MW solar photovoltaic plant with 15 MWh of battery storage at Sakaï, southwest of the capital...

Geoex MCG Expands Venezuela Offshore Seismic Programme into Frontier Oil and Gas Areas Global subsurface data company Geoex MCG is expanding its offshore Venezuela programme, extending seismic acquisition into underexplored and frontier areas as the country seeks to unlock greater...

Chevron Signs Production-Sharing Deal for Major Oil Exploration Block in Libya’s Sirte Basin Chevron has signed a production-sharing agreement (PSA) with Libya’s National Oil Corporation (NOC), advancing the US energy major’s return to the country’s upstream oil and gas sector....

Angola’s First Gold Refinery Targets End-2026 Launch with 25kg Daily Capacity Angola is advancing the development of its first gold refinery, with commissioning and technical training now underway ahead of a planned launch by the end of 2026. Located at...