Vital Industry News
Rhino Resources Advances Capricornus Oil Discovery Appraisal Offshore Namibia TotalEnergies Expands Local Supplier Spending as Namibia’s Oil and Gas Sector Gains Momentum France Intensifies Push into Namibia’s Oil Sector as TotalEnergies Targets Major Offshore Projects Zambia Secures $1.5 Billion China Deal to Add 900 MW Power Capacity and Strengthen Energy Security Dangote Plans Major East Africa Refinery Expansion as African Leaders Push for Industrial Self-Sufficiency DRC Pushes for Energy Transformation as It Showcases Massive Hydropower Potential at African Energy Forum Global Energy Transition Accelerates in 2025 as Renewables and Nuclear Expand PHC Plans Palm Oil Refinery in DRC to Boost Local Value Addition and Reduce Import Gap IEA Warns Middle East Conflict Could Disrupt Up to 120 bcm of Global LNG Supply Through 2030 $1.32 Billion Secured for Lobito Corridor Railway to Link Zambia’s Copperbelt to Global Markets via Angola
International Corporate News Oil

Rhino Resources Advances Capricornus Oil Discovery Appraisal Offshore Namibia

Corporate News Gas International Oil

TotalEnergies Expands Local Supplier Spending as Namibia’s Oil and Gas Sector Gains Momentum

International News Oil

France Intensifies Push into Namibia’s Oil Sector as TotalEnergies Targets Major Offshore Projects

More Angolan Mining News

International Corporate News Oil

Rhino Resources Advances Capricornus Oil Discovery Appraisal Offshore Namibia

Rhino Resources Launches Capricornus-1A Appraisal Well to Assess Light Oil Discovery in Namibia’s Orange Basin…
Corporate News Gas International Oil

TotalEnergies Expands Local Supplier Spending as Namibia’s Oil and Gas Sector Gains Momentum

TotalEnergies Invests $141 Million in Namibian Suppliers to Boost Local Participation in Offshore Oil and…
International News Oil

France Intensifies Push into Namibia’s Oil Sector as TotalEnergies Targets Major Offshore Projects

France Expands Energy Partnership with Namibia Amid Rising Competition for New Oil Frontier France is…
International News Renewable Energy

Zambia Secures $1.5 Billion China Deal to Add 900 MW Power Capacity and Strengthen Energy Security

Zambia has secured a $1.5 billion investment from China Machinery Engineering Corporation (CMEC) to expand…
International News Oil

Dangote Plans Major East Africa Refinery Expansion as African Leaders Push for Industrial Self-Sufficiency

Dangote Proposes 650,000 bpd East Africa Refinery to Boost Regional Industrialisation and Energy Security Africa’s…
International Energy Expos & Events

DRC Pushes for Energy Transformation as It Showcases Massive Hydropower Potential at African Energy Forum

DRC Highlights 167,000 MW Hydropower Potential at Invest in African Energy Forum 2026, Calls for…
Diamonds International News

S&P Global Downgrades Botswana’s Sovereign Ratings Amid Diamond Market Weakness

Botswana Credit Rating Cut to BBB- by S&P Global as Diamond Market Struggles Persist On Friday, S&P Global Ratings downgraded Botswana’s long-term foreign and local currency sovereign credit ratings to “BBB-” from “BBB”, citing structural weaknesses in the global diamond market that are expected to weigh on the country’s minerals-dependent economy for longer than previously anticipated The ratings agency also lowered Botswana’s short-term foreign and local currency sovereign credit ratings to “A-3” from “A-2” and

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International Gas News Oil

Nigeria Seeks to Strengthen Its Position in Global Oil and Gas Supply

Nigeria Positions Itself as a Strategic Alternative in Global Oil Supply Amid Middle East Tensions Faced with persistent geopolitical tensions in the Middle East, Nigeria is seeking to strengthen its role in the global supply of oil and gas. As Africa’s leading crude oil producer, the country is positioning itself as a credible alternative to help diversify hydrocarbon sources on international markets. In a recent media appearance, Nigerian Foreign Minister Yusuf Maitama Tuggar called on

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International News Oil Petroleum

Libya’s Arabian Gulf Oil Company Launches Production at Z-13 Well in Al-Bayda Field

Libya Starts Production at Z-13 Well in Al-Bayda Field as AGOCO Expands Oil Output Arabian Gulf Oil Company (AGOCO) has officially started production at the Z-13 well in the Al-Bayda Field in Libya, marking another step in the country’s efforts to increase oil output and strengthen its energy sector. The company confirmed that the well has been successfully connected to the Al-Door Production Station after maintenance teams completed the required mechanical linkage. The project included

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Corporate News Diamonds International Mining Personality

De Beers Board Member Matome Tsholetsa Malema Passes Away

De Beers Board Member and Minerals Development Company Botswana CEO Matome Tsholetsa Malema Dies Global diamond miner De Beers Group has announced the passing of Matome Tsholetsa Malema, the chief executive officer of Minerals Development Company Botswana and a member of the De Beers board. Malema joined the De Beers board in 2023, where he brought extensive operational expertise gained through many years in the diamond mining industry. His experience was shaped by a range

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Corporate News Diamonds Local

Sodiam Raises $25.8 Million in 16th Rough Diamond Auction

Angola’s Sodiam Generates $25.8 Million in Rough Diamond Auction, Surpassing Expectations Angola’s National Diamond Trading Company, Sodiam, raised approximately $25.8 million in its 16th auction of special rough diamonds, exceeding initial expectations by 22.97%, the company announced. According to a statement from Sodiam, the auction featured 74 special rough diamonds produced by several mining companies, including Furi, Somiluana, Cuilo Kwanza, Lulo, Kaixepa, Chitotolo, Mussende, Catoca, and Luele. A total of 2,560.17 carats were sold during

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Corporate News Oil Petroleum

Shell Reaffirms Commitment to Reviving Angola’s Oil Production

Shell Pledges Support for Angola’s Oil Production Revival as Company Returns After 20 Years Shell has reaffirmed its commitment to supporting Angola’s efforts to revive and expand oil production as the global energy company moves to re-establish its presence in the country after a 20-year absence. The commitment was highlighted by Alioune Sourang, CEO of Shell in Angola, following a meeting with Angola’s Minister of Mineral Resources, Petroleum and Gas, Diamantino Azevedo. According to a

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Corporate News Local Oil

Sonangol Oil Tanker Damaged by Explosion Near Iraqi Port

Sonangol Tanker Hit by Explosion Near Iraq’s Khor al Zubair Port; Crew Safe and Vessel Stable An oil tanker linked to Sonangol, named Sonangol Namibe, was damaged by an explosion last week while anchored near the Iraqi port of Khor al Zubair Port, according to a source from the Angolan state oil company. The vessel, which sails under the Bahamas flag, sustained material damage to its hull after one of its ballast tanks was struck.

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Local Energy News

Angola and Namibia Advance Energy Cooperation with Focus on Electricity Interconnection

Angola and Namibia Strengthen Energy Ties, Discuss Power Interconnection and Baynes Hydroelectric ProjectAngola and Namibia held a high-level meeting on Monday to review the implementation of energy cooperation projects, with a particular focus on the Angola-Namibia electricity interconnection. The discussions took place between Angola’s Minister of Energy and Water, João Baptista Borges, and Namibia’s Minister of Industries, Mines, and Energy, Modestus Tshitumbe Amutse. Also in attendance was Angola’s Secretary of State for Energy, Arlindo Carlos.

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International News Oil

Oil Hits Multi-Year High as Iran Conflict Escalates, Boosting Vegoils and Aluminium

Oil Surges 25% to Highest Since 2022 Amid Iran War, Driving Vegoils and Aluminium Prices Oil prices surged nearly 25% on Monday, reaching their highest levels since mid-2022, with Brent crude on track for a record one day gain. In contrast, gold fell 2% as the escalating Iran conflict disrupted global energy supplies, strengthened the dollar, and dampened expectations of near-term interest rate cuts. Agricultural markets, led by edible oils, rose in tandem with crude

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Gold International

Ghana Prepares Alternative Gold Export Routes Amid Dubai Flight Disruptions

Ghana’s GoldBod Plans Backup Export Routes as Dubai Flight Disruptions Threaten Artisanal Gold Trade Ghana’s state-run artisanal gold exporter, GoldBod, is preparing to shift shipments to alternative refining hubs if flight disruptions to the United Arab Emirates (UAE) continue, two sources familiar with the matter said. The move highlights Africa’s dependence on Dubai amid heightened Middle East tensions. Dubai, a major global gold trading hub supplying Switzerland, Hong Kong, and India, has experienced a seven-day

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