Vital Industry News
Angola Balances Oil Expansion with Clean Energy Goals Strengthens Ties with Portugal and Brazil Debswana Layoffs Spark Outcry as Botswana President Bypasses Union Lucapa Diamond Enters Voluntary Administration Amid Financial Struggles and Sale Plans Uganda Pushes First Oil to 2026 Amid Ongoing Delays and Growing Public Frustration South Africa Launches National Petroleum Company to Revive Energy Sector and Boost Self-Sufficiency AXIAN Energy Breaks Ground on West Africa’s Largest Solar-Storage Project in Senegal Egypt Inaugurates Largest Solar Power Plant to Advance Clean Energy Goals Dangote Refinery to Import Over 5 Million Barrels of U.S. Crude in July Amid Supply Gaps and Rising Investments Egypt Fast-Tracks Gas Output with Early Production from Raven Field Wells Renaissance Africa Energy to Invest $15 Billion in Niger Delta Oil and Gas Projects
Angola Balances Oil Expansion with Clean Energy Goals Strengthens Ties with Portugal and Brazil Debswana Layoffs Spark Outcry as Botswana President Bypasses Union Lucapa Diamond Enters Voluntary Administration Amid Financial Struggles and Sale Plans Uganda Pushes First Oil to 2026 Amid Ongoing Delays and Growing Public Frustration South Africa Launches National Petroleum Company to Revive Energy Sector and Boost Self-Sufficiency AXIAN Energy Breaks Ground on West Africa’s Largest Solar-Storage Project in Senegal Egypt Inaugurates Largest Solar Power Plant to Advance Clean Energy Goals Dangote Refinery to Import Over 5 Million Barrels of U.S. Crude in July Amid Supply Gaps and Rising Investments Egypt Fast-Tracks Gas Output with Early Production from Raven Field Wells Renaissance Africa Energy to Invest $15 Billion in Niger Delta Oil and Gas Projects
Local Energy News Oil

Angola Balances Oil Expansion with Clean Energy Goals Strengthens Ties with Portugal and Brazil

Corporate News Diamonds International

Debswana Layoffs Spark Outcry as Botswana President Bypasses Union

Corporate News Diamonds Local

Lucapa Diamond Enters Voluntary Administration Amid Financial Struggles and Sale Plans

More Angolan Mining News

Local Energy News Oil

Angola Balances Oil Expansion with Clean Energy Goals Strengthens Ties with Portugal and Brazil

Angola’s Secretary of State for Energy, Arlindo Bota Manuel Carlos, has reaffirmed the country’s commitment…
Corporate News Diamonds International

Debswana Layoffs Spark Outcry as Botswana President Bypasses Union

Botswana President Duma Boko has announced the planned termination of over 1,000 workers at Debswana,…
Corporate News Diamonds Local

Lucapa Diamond Enters Voluntary Administration Amid Financial Struggles and Sale Plans

Lucapa Diamond Company has entered voluntary administration as it seeks to restructure its capital and…
International News Oil

Uganda Pushes First Oil to 2026 Amid Ongoing Delays and Growing Public Frustration

Uganda has once again delayed the start of oil production from the Albertine Graben, now…
International News Oil

South Africa Launches National Petroleum Company to Revive Energy Sector and Boost Self-Sufficiency

South Africa has officially launched the South African National Petroleum Company (SANPC), a new state-owned…
Corporate News International Renewable Energy

AXIAN Energy Breaks Ground on West Africa’s Largest Solar-Storage Project in Senegal

AXIAN Energy has commenced construction of the NEA Kolda project, a large-scale solar and battery…
Local Energy News Oil

Angola Balances Oil Expansion with Clean Energy Goals Strengthens Ties with Portugal and Brazil

Angola’s Secretary of State for Energy, Arlindo Bota Manuel Carlos, has reaffirmed the country’s commitment to expanding oil exploration while also accelerating the transition to cleaner energy sources. Speaking to Lusa on the sidelines of the 2nd CPLP Energy Conference in Estoril, Portugal, Carlos said Angola values the support of Portugal and Brazil in the development of energy projects. “Oil exploration should not be seen as a threat. We will not abandon the use of

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Corporate News Diamonds International

Debswana Layoffs Spark Outcry as Botswana President Bypasses Union

Botswana President Duma Boko has announced the planned termination of over 1,000 workers at Debswana, the country’s joint venture with diamond giant De Beers, citing the ongoing global downturn in the diamond market. Speaking recently to civil servants, Boko attributed the decision to declining demand and sustained economic pressure across the diamond industry. However, the Botswana Mine Workers Union (BMWU) strongly condemned the announcement, criticizing the government for bypassing proper consultation processes. In a formal

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Corporate News Diamonds Local

Lucapa Diamond Enters Voluntary Administration Amid Financial Struggles and Sale Plans

Lucapa Diamond Company has entered voluntary administration as it seeks to restructure its capital and explore a potential sale of the business. The company announced on Friday that administrators from advisory firm KordaMentha will conduct an urgent assessment of Lucapa’s operations and assets, which include Brooking Diamonds, Heartland Diamonds, and Australian Natural Diamonds. Lucapa’s portfolio spans both Africa and Australia, with key assets such as the Lulo mine in Angola, the Merlin project in Australia—previously

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International News Oil

Uganda Pushes First Oil to 2026 Amid Ongoing Delays and Growing Public Frustration

Uganda has once again delayed the start of oil production from the Albertine Graben, now setting a new target for June 2026. This marks yet another postponement in the country’s two-decade-long pursuit to become a commercial oil producer, after previously aiming for first oil by June 2025. The updated timeline was announced by Frank Mugisha, Assistant Commissioner at the Ministry of Energy and Mineral Development, who spoke on behalf of Minister Ruth Nankabirwa during the

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International News Oil

South Africa Launches National Petroleum Company to Revive Energy Sector and Boost Self-Sufficiency

South Africa has officially launched the South African National Petroleum Company (SANPC), a new state-owned energy enterprise formed through the consolidation of three entities—PetroSA, iGas, and the Strategic Fuel Fund. All were previously part of the Central Energy Fund. The move is aimed at creating a financially sustainable national oil and gas leader. SANPC, led by CEO Godfrey Moagi and chaired by former PetroSA CEO Sipho Mkhize, began operations in May 2025. The new company

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Corporate News International Renewable Energy

AXIAN Energy Breaks Ground on West Africa’s Largest Solar-Storage Project in Senegal

AXIAN Energy has commenced construction of the NEA Kolda project, a large-scale solar and battery storage facility aimed at advancing Senegal’s renewable energy objectives. Launched on May 22 in the southern Kolda region, the hybrid plant will generate 60 megawatts of solar power and store up to 72 megawatt-hours of energy. Once operational, it is expected to supply clean electricity to more than 25,000 households, benefiting nearly 235,000 people. AXIAN positions the project as part

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International Renewable Energy

Egypt Inaugurates Largest Solar Power Plant to Advance Clean Energy Goals

Egypt has completed the construction of the 500-megawatt Kom Ombo solar power plant, now the country’s largest solar photovoltaic facility. Developed by China Energy Construction, the plant is located in the Aswan Governorate and represents a major step toward achieving Egypt’s Vision 2030 for clean and sustainable energy. The Kom Ombo plant features a direct current installed capacity of 560 megawatts, incorporating over one million solar panels and a 220-kilovolt booster station to enhance transmission

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Corporate News International Oil

Dangote Refinery to Import Over 5 Million Barrels of U.S. Crude in July Amid Supply Gaps and Rising Investments

The Dangote Petrochemical Refinery is set to import over five million barrels of crude oil in July 2025, primarily sourced from the United States, according to Reuters. The refinery has contracted approximately 161,000 barrels per day (bpd) of U.S. West Texas Intermediate (WTI) crude for the month, although the final volume could increase if additional contracts are signed. This follows a record-breaking June, when the refinery imported around 300,000 bpd of WTI crude—the highest in

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International Gas News

Egypt Fast-Tracks Gas Output with Early Production from Raven Field Wells

Egypt began producing natural gas from two new wells in the Mediterranean’s Raven gas field in February 2025—three months ahead of schedule, according to the Ministry of Petroleum and Mineral Resources. British Petroleum (BP) completed the drilling using the ultra-deepwater drillship Valaris DS-12, marking a swift and efficient expansion of the Raven field. This development aligns with Egypt’s broader strategy to ramp up natural gas production, drive economic growth, and attract foreign investment. The two

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International Corporate News Gas Oil

Renaissance Africa Energy to Invest $15 Billion in Niger Delta Oil and Gas Projects

Renaissance Africa Energy Company Limited has announced plans to invest $15 billion over the next five years in developing oil fields onshore and in the shallow waters of Nigeria’s Niger Delta. The Nigerian-owned energy consortium recently acquired oil assets previously managed by Shell Petroleum Development Company (SPDC), following Shell UK’s exit from onshore operations in the region. The announcement was made by Greg Akhibi, Head of Supply Chain at Renaissance Africa Energy, on behalf of

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