Vital Industry News
Angola Moves to Digitise Fuel Sector with New Licensing and Distribution Tracking Systems Angola Strengthens Energy Partnership with China as Minister Pushes for Faster Project Delivery Petra Diamonds Shares Suspended as Audit Delay Raises Market Concerns Tanzania and Angola Move to Link Indian and Atlantic Ocean Trade Corridors by Rail ExxonMobil Expands Stake in Mozambique’s Rovuma LNG Project Ahead of Final Investment Decision Angola’s Economy Gains Momentum as Reforms and Investment Drive Stronger Growth Angola Ranks Among the World’s Top Three Diamond Producers in 2025 Mailo Solar Expansion Set to Boost Zambia’s Renewable Energy Capacity Zambia Launches Solar Financing Initiative Targeting 120,000 Households Construction Begins on Zambia’s 56MWp Kafue Solar Project
Local Oil Petroleum

Angola Moves to Digitise Fuel Sector with New Licensing and Distribution Tracking Systems

Local Energy News

Angola Strengthens Energy Partnership with China as Minister Pushes for Faster Project Delivery

Corporate News Diamonds International

Petra Diamonds Shares Suspended as Audit Delay Raises Market Concerns

More Angolan Mining News

Local Oil Petroleum

Angola Moves to Digitise Fuel Sector with New Licensing and Distribution Tracking Systems

Angola’s Fuel Regulator Advances Digital Transformation to Improve Licensing, Monitoring and Fuel Distribution Angola is…
Local Energy News

Angola Strengthens Energy Partnership with China as Minister Pushes for Faster Project Delivery

Angola Seeks Deeper Energy Cooperation with China, Urges Acceleration of Strategic Power Projects Angola is…
Corporate News Diamonds International

Petra Diamonds Shares Suspended as Audit Delay Raises Market Concerns

Petra Diamonds Trading Halted in London After Delayed Audit of South African Operations Shares of…
Local News Transport and Logistics

Tanzania and Angola Move to Link Indian and Atlantic Ocean Trade Corridors by Rail

Tanzania and Angola Advance Rail Partnership to Connect East and West African Trade and Mining…
International Corporate News Oil

ExxonMobil Expands Stake in Mozambique’s Rovuma LNG Project Ahead of Final Investment Decision

ExxonMobil Raises Rovuma LNG Stake to 50% as Mozambique’s US$30 Billion Gas Megaproject Moves Closer…
Local Economy News

Angola’s Economy Gains Momentum as Reforms and Investment Drive Stronger Growth

AfDB Sees Angola’s Growth Accelerating as Economic Reforms Boost Stability and Investment Angola’s economy is…
Local News Oil Petroleum

China Turns to Angolan and Congolese Crude as Middle East Supply Disruptions Intensify

China Buys Angolan and Congolese Oil as Middle East Supply Disruptions Tighten Global Markets Chinese independent refiners have increased purchases of crude oil from Angola and the Republic of Congo as disruptions to Middle Eastern supplies force buyers to seek alternative sources. The purchases form part of a broader effort by Chinese refiners to secure crude from international markets as supplies from Iran and Russia become more difficult to obtain amid the ongoing conflict involving

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International News Oil

Senegal prepares 109 oil and gas blocks for new investment

Senegal to market 109 oil and gas blocks as government seeks new exploration investment Senegal is preparing to market 109 oil and gas blocks to local and international investors as the government seeks to expand exploration and attract new investment across its petroleum sector. The initiative forms part of Senegal’s strategy to increase exploration beyond its existing producing assets and make greater use of its offshore and onshore hydrocarbon potential. The government plans to promote

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Local Oil

TotalEnergies expands Angola portfolio after Acacia-5 oil discovery

TotalEnergies discovers Acacia-5 oil field in Angola and takes 40% stakes in two new exploration blocks TotalEnergies has announced a new oil discovery offshore Angola and secured operated interests in two additional exploration blocks, strengthening its position in the country’s Lower Congo Basin. The Acacia-5 discovery on Block 17 is expected to add about 6,000 barrels of oil per day to the block’s production. TotalEnergies plans to fast-track development by using available capacity on the

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International Corporate News Oil

Ghana opens new offshore exploration opportunities with Eni and Vitol

Ghana signs offshore exploration MoUs with Eni and Vitol for two Tano Basin acreages Ghana has signed two memoranda of understanding with Eni Ghana, Vitol Upstream Tano and the Ghana National Petroleum Corporation (GNPC) covering two offshore acreages in the Tano Basin, opening a new phase of exploration in the country’s petroleum sector. The agreements cover the Tano Basin offshore blocks, with Eni Ghana and Vitol expected to undertake technical and commercial evaluations of the

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International Corporate News Oil

ReconAfrica secures funding for Kavango West 1X testing in Namibia

ReconAfrica secures N$254 million to advance Kavango West 1X oil and gas testing in Namibia Reconnaissance Energy Africa (ReconAfrica) has secured N$254 million in funding to advance testing at its Kavango West 1X (KW1X) well in Namibia, following the identification of hydrocarbons at the exploration well. The funding will support the company’s ongoing production testing programme, which is designed to assess the reservoir’s performance, determine the type and quality of hydrocarbons present and establish the

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International News Oil

Kenya targets first commercial Turkana crude exports in 2027

Kenya targets first Turkana crude oil exports in Q1 2027 as South Lokichar production starts Kenya is on track to export its first commercial crude oil from Turkana in the first quarter of 2027, with production from the South Lokichar Basin expected to begin in December 2026. The Energy and Petroleum Regulatory Authority (EPRA) said the project was progressing in line with the approved Field Development Plan, with first crude expected to be transported from

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Corporate News Gas International Oil

Senegal and Eni launch assessment of five offshore oil and gas blocks

Senegal signs Eni MoU to assess SN01M, SN02M, SN03M, SN07M and SN40M offshore blocks Senegal has signed an agreement with Italian energy major Eni to assess the oil and gas potential of five offshore blocks as the country seeks to revive exploration and attract new investment into its petroleum sector. The memorandum of understanding covers blocks SN01M, SN02M, SN03M, SN07M and SN40M, located within Senegal’s offshore sedimentary basin. Under the agreement, Eni will fully finance

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Corporate News International Oil

TotalEnergies takes operatorship of Namibia’s Mopane oil discovery

TotalEnergies takes 40% operatorship of Namibia’s Mopane oil discovery with 2028 investment decision targeted TotalEnergies has completed a transaction with Galp that gives it operatorship of the Mopane oil discovery offshore Namibia, strengthening its position in the country’s Orange Basin. Under the agreement, TotalEnergies acquired a 40% operated interest in Petroleum Exploration Licence 83 (PEL83), which contains the Mopane discovery. Galp also retains a 40% interest, while state-owned Namcor and Custos each hold 10%. In

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International Corporate News Mining Personality Oil

Dangote opens door to larger refinery stake sale as expansion plans advance

Aliko Dangote considers additional Dangote Refinery share sale as US$14.3bn expansion advances Nigerian billionaire Aliko Dangote has indicated that he could sell additional shares in Dangote Petroleum Refinery and Petrochemicals as the company seeks to raise capital for a major expansion of the Lagos-based facility. The comments came as the refinery launched its initial public offering (IPO), which is seeking to raise about US$1.6 billion through the sale of 4.1 billion shares. The IPO opened

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International Corporate News Oil

Dangote Refinery records US$1.82bn profit as European Fuel demand rises

Dangote Refinery posts US$1.82bn H1 2026 profit as jet fuel exports to Europe reach 80,000 bpd Nigeria’s Dangote Refinery recorded a US$1.82 billion net profit in the first half of 2026, supported by increased fuel exports to Europe as disruptions to Middle Eastern supplies tightened global markets. The refinery generated more than US$13 billion in revenue during the six months, marking a sharp turnaround from the US$476 million loss recorded in 2025. The 650,000-barrel-per-day facility

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