Angolan Mining Oil & Gas - Page 116 of 390 - Top Angolan News for Oil, Gas and Mining Industries

AD Ports Group Launches $250M Investment to Modernize Luanda Terminal and Logistics Hub

1, February, 20251, February, 2025

AD Ports Group (ADX: ADPORTS), a global leader in trade, logistics, and industry, has officially commenced the long-term management and development of a major multipurpose terminal and logistics business in Luanda, Angola. In partnership with Angolan firms Unicargas and Multiparques, the initiative aims to modernize port operations and strengthen regional trade networks. The Noatum Ports Luanda Terminal, Angola’s largest port, handles 76% of the country’s container and general cargo, serving as a critical gateway to

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Local News Transport and Logistics

TAAG Angola Airlines Receives First Boeing 787-9 Dreamliner, Advancing Fleet Modernization

1, February, 20251, February, 2025

TAAG Angola Airlines has welcomed its first Boeing 787-9 Dreamliner, marking a key milestone in its ongoing fleet renewal strategy. Leased from AerCap, this aircraft is the first of four Dreamliners ordered by TAAG, reinforcing the airline’s commitment to expanding its long-haul operations and enhancing passenger experience. The new Dreamliner arrived in Luanda just ahead of Angola’s Liberation Day on February 4, featuring TAAG’s updated livery and symbolizing nearly 50 years of partnership with Boeing.

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International News Renewable Energy

IFC Partners with Nigerian Renewable Energy Firms to Expand Mini-Grids

31, January, 202531, January, 2025

The International Finance Corporation (IFC) has joined forces with five distributed renewable energy (DRE) companies to expand mini-grid projects across Nigeria, aiming to address the country’s electricity access gap and accelerate its transition to sustainable power solutions. The agreement was formalized on Monday at the Mission 300 Africa Energy Summit in Dar es Salaam, where IFC partnered with Havenhill Synergy Ltd., Prado Power Ltd., PriVida Power Ltd., Sosai Renewable Energies Ltd., and Virtuitis Solaris Ltd.

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Corporate News International Oil

Nigeria Seeks OPEC Quota Increase as Oil Production Rebounds

31, January, 202531, January, 2025

Nigeria is preparing to lobby the Organisation of Petroleum Exporting Countries (OPEC) for a higher oil production quota as the country recovers from years of declining crude output. Gbenga Komolafe, the chief executive of the Nigeria Upstream Petroleum Regulatory Commission (NUPRC), stated that the country aims to boost production to meet budgetary targets before formally requesting an adjustment in its OPEC quota. “Nigeria’s priority is to ramp up production to align with its budget goals

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Diamonds International News

India’s Diamond Industry Navigates Challenges Amid Global Slowdown

31, January, 202531, January, 2025

India is emerging as a bright spot for cut and polished diamonds, despite a slowdown in key markets such as the US and China, according to Amit Pratihari, Managing Director of De Beers India, in an interview with Reuters on Wednesday. India remains the world’s largest hub for cutting and polishing diamonds, accounting for approximately 90% of the world’s polished diamonds, according to Indian government data. This year, however, the country’s exports of cut and

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Corporate News Diamonds International

Botswana and De Beers Reach Diamond Extraction Deal, Ensuring Economic Stability

31, January, 202531, January, 2025

Botswana’s President, Duma Boko, who secured a victory in October’s elections, announced that his government has reached a diamond extraction and sales agreement with De Beers, providing much-needed certainty to the nation’s gem-dependent economy. The terms of the deal were finalized by midnight on January 24, and an official announcement is expected soon. Botswana is the world’s leading producer of rough diamonds by value, with the industry accounting for the majority of its income. Most

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Corporate News International Mining Projects

Golden Deeps Begins New Diamond Drilling Program to Expand Nosib Copper-Silver Deposit in Namibia

31, January, 202531, January, 2025

Golden Deeps has initiated a new diamond drilling program targeting the Nosib copper-silver deposit on its Otavi Mountain Land tenements in northern Namibia. The Nosib deposit, initially defined in June 2024, features a significant zone of copper-vanadium-lead-silver oxide and supergene mineralization from surface levels. As drilling extends deeper and further west, the deposit transitions into a primary copper-silver stratabound sulphide zone, hosted by the Nosib Formation clastic sediments—an uncommon geological setting in a region known

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International Corporate News Oil

Mozambique President Meets TotalEnergies CEO to Discuss Stalled LNG Project

28, January, 202528, January, 2025

Mozambique’s President, Daniel Chapo, recently met with Patrick Pouyanne, CEO of TotalEnergies, to discuss the status of the company’s delayed $20 billion liquefied natural gas (LNG) project in the southern African country. The Mozambique LNG project, initially expected to restart construction by the end of 2024 and begin gas production by 2029, has faced setbacks. Last week, TotalEnergies confirmed that force majeure remains in place for the project due to ongoing security concerns and pending

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Local Infrastructure News

Namibe Ornamental Rock Development Hub Begins Construction

28, January, 202528, January, 2025

The construction of the Ornamental Rock Development Hub in Namibe province officially began on Tuesday with the laying of the first stone. The event was attended by the Secretary of State for Mineral Resources, Janio Correa Victor, and the provincial governor, Archer Mangueira, who jointly led the ceremony. The hub, set to create approximately 400 jobs, is being developed by Telhabel. According to a statement from the provincial government of Namibe, the project aims to

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Local Gas Oil

Angola’s 2024 Oil and Gas Exports Yield $31.4 Billion

28, January, 202528, January, 2025

Angola generated $31.4 billion in 2024 from the export of 393.4 million barrels of crude oil, sold at an average price of $79.70 per barrel, according to a government statement on Thursday. The Secretary of State for Oil and Gas, José Barroso, reported that China was the top destination for Angola’s oil exports, receiving 51.91% of the total, followed by India with 10.02%, Spain with 6.27%, and Indonesia with 4.81%. While the export volume increased

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