Angolan Mining Oil & Gas - Page 11 of 296 - Top Angolan News for Oil, Gas and Mining Industries

Seplat Energy to Invest $320 Million in Production Boost and Infrastructure Upgrades

11, March, 202511, March, 2025

Seplat Energy has announced plans to invest up to $320 million in 2024, focusing on drilling new wells and upgrading infrastructure as part of its strategy to boost oil production. This follows Seplat’s acquisition of Exxon Mobil’s Nigerian assets, with the company aiming to more than double its output to 140,000 barrels per day (bpd). In October 2023, Seplat obtained government approval for a 40% stake in four oil mining leases, as well as key

Read More Here

International Gold News

Mali Suspends New Mining Permits Amid Safety and Regulatory Overhaul

11, March, 202511, March, 2025

Mali, Africa’s second-largest gold producer, has suspended the issuance of new mining permits to foreign companies following a tragic mining accident that claimed over 40 lives. The decision, announced by the Council of Ministers, also includes a ban on issuing artisanal mining permits to foreign nationals while investigations continue. The collapse of an illegal gold mine near Kéniéba in the western Kayes region last month resulted in the deaths of at least 43 people, mostly

Read More Here

Corporate News Oil

Dangote Group Remits N402.3 Billion in Taxes, Strengthens Market Dominance

11, March, 202511, March, 2025

Dangote Industries Limited (DIL) and its subsidiaries have announced a tax remittance of over N402.3 billion for 2024, making the group the highest taxpayer in Nigeria. Speaking at a media briefing in Lagos, Anthony Chiejina, Chief Branding and Communication Officer of Dangote Group, highlighted that the payment includes contributions from key subsidiaries such as Dangote Cement, NASCON, and Dangote Packaging Limited. “As a responsible business entity, Dangote Group remains committed to fulfilling its tax obligations

Read More Here

International News Oil

Nigeria Expands Refining Capacity with New Refineries and Upgrades

11, March, 202511, March, 2025

Nigeria is making significant progress in boosting its crude oil refining capacity through new refinery projects and the rehabilitation of existing state-owned facilities. The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has issued licenses for three new refineries, expected to add 140,000 barrels per day (bpd) to the country’s refining capacity. The newly licensed refineries include: These projects align with Nigeria’s goal of reducing dependence on imported petroleum products and enhancing local refining capabilities.

Read More Here

Corporate News Oil

NNPC Negotiates New Naira-for-Crude Deal with Dangote Refinery

11, March, 202511, March, 2025

The Nigerian National Petroleum Company (NNPC) Limited has confirmed ongoing negotiations for a renewed naira-for-crude agreement with Dangote Petroleum Refinery. This clarification comes amid concerns over a potential hike in petrol prices following reports that NNPC had halted its crude supply deal with Dangote and other local refineries. In a statement signed by Chief Corporate Communications Officer Olufemi Soneye, NNPC explained that the initial agreement was structured as a six-month contract set to expire in

Read More Here

Oil International News

Chinese Firms Eye Nigeria’s Oil Sector Amid Strengthening Bilateral Ties

11, March, 202511, March, 2025

A total of 216 Chinese companies have expressed interest in investing in Nigeria, with 74 firms specifically targeting opportunities in the oil and gas sector, according to the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). The Chairman of the House of Representatives Committee on Nigeria-China Relations, Jaafaru Yakubu, highlighted this development during a meeting with NUPRC Chief Executive Gbenga Komolafe. He noted that the surge in interest follows the recent signing of the Nigeria-China Relationship Agreement,

Read More Here

Corporate News Diamonds International

Debswana Accelerates Sustainability Drive with Decarbonization and Renewable Energy Initiatives

5, March, 20255, March, 2025

Debswana Diamond Company is advancing its sustainability efforts to meet the rising global demand for ethically and environmentally sourced diamonds. The mining giant is intensifying its transition to a low-carbon future by enhancing operational efficiencies, adopting renewable energy, and advocating for regulatory reforms. Speaking on the company’s sustainability strategy, Debswana’s Executive Head of Safety and Sustainability, Mpho Mosate, underscored the company’s commitment to reducing emissions. “As a high-production entity, we recognize our responsibility to minimize

Read More Here

Diamonds International News

Botswana Diamonds Secures Mining Permit for Thorny River Project

5, March, 20255, March, 2025

Botswana Diamonds (LON: BOD) has successfully secured a mining permit for its Thorny River project in South Africa’s Limpopo province, marking a significant step toward potential diamond production. Located near the depleted Marsfontein diamond mine, Thorny River has undergone extensive geological exploration, including geophysics, drilling, and bulk sampling. Early results indicate that the geology and grades at Thorny River are comparable to those at the past-producing Klipspringer mine to the west. Previously, Botswana Diamonds operated

Read More Here

Corporate News Local Oil

Sonangol Prepares for Privatization Amid Internal and External Challenges

4, March, 20254, March, 2025

Sonangol is continuing preparations for its privatization process but is taking a cautious approach to avoid “mistakes or hasty decisions,” according to Sebastião Gaspar Martins, Chairman of the company’s board of directors. Speaking at a press conference on the company’s 2024 results, Martins emphasized that Sonangol is making progress on internal matters related to the privatization but noted that there are still external factors to be addressed before up to 30 percent of the company’s

Read More Here

Corporate News Oil

Sonangol Pushes Forward with Refinery Projects Despite Financing Challenges

4, March, 20254, March, 2025

On Tuesday, Sebastiao Gaspar Martins, President of Sonangol, confirmed that the Cabinda Refinery is set to begin operations in the second half of this year. Meanwhile, the construction of the Lobito Refinery is advancing, with Sonangol financing the project while actively seeking investment partners. Martins acknowledged that Angola has received multiple proposals for partnership but emphasized the need for more concrete offers. “We are certain that we don’t want to proceed alone. We are open

Read More Here

« Prev 1 … 9 10 11 12 13 … 296 Next »

More Angolan Mining News