Angolan Mining Oil & Gas - Page 101 of 389 - Top Angolan News for Oil, Gas and Mining Industries

Energy

Egypt and Norway Strengthen Energy Cooperation Advancing Green Ammonia Project

18, March, 202518, March, 2025

Egypt’s Minister of Petroleum and Mineral Resources Karim Badawi met with Norway’s Ambassador to Egypt Hilde Klemetsdal and Terje Pilskog, CEO of Norwegian renewable energy company Scatec, to discuss expanding cooperation in green energy. The talks focused on Scatec’s ongoing green ammonia production project in Damietta Governorate, which utilizes green hydrogen to support Egypt’s transition to sustainable energy. Badawi highlighted the strong partnership between Egypt and Norway emphasizing Norway’s advanced technologies and their role in

Read More Here

International Energy

Ghana and Japan Sign $13.44 Million Grant to Boost Power Stability in Tamale

18, March, 202518, March, 2025

Ghana and Japan have signed a $13.44 million grant agreement to improve electricity supply stability in Tamale and surrounding areas. The grant will fund the construction of a primary power substation, along with a control room, transformers, and sub-transmission lines, to enhance electricity distribution in the region. The two-year project will be overseen by the Northern Electricity Distribution Company (NEDCo). Finance Minister Dr. Cassiel Ato Baah Forson signed the agreement on behalf of Ghana, while

Read More Here

Oil International News

Libya’s Mabruk Oilfield Resumes Production After a Decade

18, March, 202518, March, 2025

Mabruk Oil Operations has restarted production at Libya’s Mabruk oilfield after a ten-year shutdown, the Tripoli-based Government of National Unity (GNU) announced on Wednesday, March 12, 2025. Production resumed on Sunday at an initial rate of 5,000 barrels per day (bpd), with plans to increase output to 7,000 bpd by the end of March and 25,000 bpd by July. To enhance operational efficiency, operators began transferring crude to the nearby Al-Bahi field on Tuesday, strengthening

Read More Here

Diamonds International News

Namibia Faces N$6 Billion Drop in Diamond Tax Revenue Amid Market Slump

18, March, 202518, March, 2025

The Namibia Revenue Agency (NamRA) anticipates a N$6 billion decline in tax revenue from the diamond sector this year due to weak global prices. NamRA Commissioner Sam Shivute attributed the shortfall to the struggling diamond market but highlighted that increased tax collections from the mining, fishing, and tourism sectors had helped mitigate the impact. “We have collected N$83 billion for the 2024/2025 financial year. Despite losing N$6 billion in diamond tax revenue, we are still

Read More Here

Local Gold Mining

Angola Warns Gold Miners in Cabinda Over Non-Compliance

18, March, 202518, March, 2025

Most mining companies operating in Angola’s Cabinda province, particularly in the gold sector, risk losing their exploration licenses due to non-compliance with government regulations, warned Angola’s Secretary of State for Mineral Resources, Jânio Corrêa Víctor, on Saturday. Speaking to the press during a two-day working visit to Cabinda, Víctor revealed that out of 11 licensed gold projects in the province, only one has delivered tangible results, while the rest remain inactive. He noted that Angola

Read More Here

Local News Oil

Angola’s Oil Tax Revenues Rise 25.35% in January

18, March, 202518, March, 2025

Angola’s oil tax revenues reached 975.88 billion kwanzas in January, a 25.35% increase from the 779 billion collected in December, according to the Ministry of Finance. This growth was driven by gas tax payments, which contributed 148.64 billion kwanzas, alongside increases in concessionaire revenues and petroleum production tax, which rose by 24.78% and 26.86% to 570.56 billion kwanzas and 43.70 billion kwanzas, respectively. Despite this revenue boost, oil exports and the average price per barrel

Read More Here

Corporate News Diamonds Local

TAGS & Sodiam Sell $15.4M in Rough Diamonds at 2025 Luanda Tender

18, March, 202518, March, 2025

Trans Atlantic Gem Sales (TAGS) and Angola’s state-owned diamond trader, Sodiam, successfully sold more than $15.4 million worth of large rough diamonds at their first tender of the year. The sale, held from March 5 to 13 in Luanda, featured 36 diamonds over 10 carats, including seven stones exceeding 60 carats. Approximately 95% of the goods found buyers. TAGS, which markets production from seven Angolan mines—Lulo, Tchegi, Somiluana, Kaixepa, Chitotolo, Catoca, and Luele—saw contributions from

Read More Here

Diamonds International News

EU Threatens Tariffs on US Diamonds and Metals in Response to Trade Dispute

18, March, 202518, March, 2025

The European Union (EU) has announced plans to impose tariffs on US imports, including diamonds, gemstones, and metals used in jewelry production, in retaliation for what it calls “unjustified” taxes imposed by the US on aluminum and steel. “The Commission regrets the US decision to impose such tariffs, considering them unjustified, disruptive to transatlantic trade, and harmful to businesses and consumers, often resulting in higher prices,” the EU stated last week. The proposed countermeasures could

Read More Here

International Gas Oil

U.S. Approves $5 Billion Loan to Revive Mozambique LNG Project

18, March, 202518, March, 2025

The U.S. Export-Import Bank has approved a nearly $5 billion loan to restart the long-stalled Mozambique LNG project, marking a significant step toward resuming development led by French oil giant TotalEnergies. Initially expected to be operational by 2029, the project faced major setbacks after Islamist insurgents attacked the Cabo Delgado region, forcing TotalEnergies to declare force majeure and halt construction. The U.S. Export-Import Bank originally committed $4.7 billion to the $20 billion project under the

Read More Here

Diamonds International News

Botswana Targets Wealthy Young Americans to Boost Natural Diamond Sales

18, March, 202518, March, 2025

Botswana, the world’s top diamond producer, is ramping up efforts to attract affluent young American buyers to its natural diamonds amid growing competition from lab-grown alternatives. To capture their attention, the country is leveraging social media platforms like Instagram and TikTok. As part of this strategy, Botswana recently hosted an exclusive luxury event in New York’s Greenwich Village, where social media influencers were treated to a fine dining experience at a Michelin-starred restaurant, according to

Read More Here

« Prev 1 … 99 100 101 102 103 … 389 Next »

More Angolan Mining News