Angolan Mining Oil & Gas - Page 12 of 399 - Top Angolan News for Oil, Gas and Mining Industries

Nigeria Restructures OPL 245, Clearing Path for Shell and Eni Development

4, March, 20264, March, 2026

Nigeria Splits OPL 245 Into Four Blocks as Shell and Eni Move to Develop 9-Billion-Barrel Deepwater Reserve Nigeria has restructured its high-profile OPL 245 deepwater oil block into four separate assets to be jointly developed by Shell Plc and Eni SpA, potentially unlocking one of Africa’s largest undeveloped offshore oil reserves. According to a source familiar with the decision, final contract signings are expected to begin shortly, although the government has yet to make a

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Local News Transport and Logistics

Port of Lobito Extends Timoneiro Concession for Towing and Marine Operations

4, March, 20264, March, 2026

Port of Lobito Renews 15-Year Towing and Marine Services Concession with Timoneiro Port of Lobito has renewed its concession agreement with Timoneiro for towing, berthing and vessel assistance services for an additional 15 years, reinforcing operational continuity at one of Angola’s key logistics hubs. The agreement was formalised on Thursday in Lobito and marks a new contractual cycle set to commence on 17 May 2026. Strategic Commitment to Maritime Safety Speaking at the signing ceremony,

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Local Mining Projects News Oil

Angola’s MIREMPET Assesses Mining and Oil Potential in Icolo & Bengo Province

4, March, 20264, March, 2026

MIREMPET Evaluates Solid Minerals and Hydrocarbon Potential in Icolo & Bengo Ministry of Mineral Resources, Petroleum and Gas (MIREMPET) on Monday reviewed the mineral, oil and gas potential of Icolo e Bengo during a high-level meeting with provincial officials and sector technicians. The session, led by Minister Diamantino Azevedo, focused on assessing ongoing activities in the province and identifying mechanisms to strengthen institutional coordination, regulatory oversight and sector development. According to the minister, as one

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International News Oil Petroleum

Nigeria to Launch Cawthorne Crude Exports as Output Recovers

28, February, 202628, February, 2026

Nigeria Introduces Cawthorne Light Sweet Crude to Boost Exports and Strengthen OPEC Position The Nigerian National Petroleum Corporation has announced plans to begin exporting a new light, sweet crude grade known as Cawthorne from March, signaling a gradual recovery in production from Africa’s largest oil exporter. The launch of the new grade comes as Nigeria works to restore output levels that have been constrained for years by pipeline vandalism, crude theft and security challenges in

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Renewable Energy International News

Egypt and Scatec Discuss Expanding Renewable Energy and Green Investment

28, February, 202628, February, 2026

Egypt Boosts Renewable Energy Ambitions as Minister Farid Meets Scatec CEO to Expand Solar and Battery Projects Egypt is strengthening its push toward renewable energy and green investment following a high-level meeting between Minister of Investment and Foreign Trade Mohamed Farid and Terje Pilskog, CEO of Scatec. According to a ministry statement, discussions focused on expanding cooperation in renewable energy development and scaling up sustainable investment projects across the country. Scatec is an established player

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Local Mining Technology & Innovation

Angola Launches Digital Mining Registry to Modernise Licensing and Boost Transparency

28, February, 202628, February, 2026

Angola Implements Digital Mining Registry (CMA) to Streamline Licensing and Attract Investment Angola has taken a major step toward modernising its mining sector with the appointment of a Multidisciplinary Technical Commission to oversee the digitisation of the licensing process for mining activities. The initiative follows the implementation of the Angola Digital Mining Registry System (CMA) and forms part of the country’s broader public administration digital transformation agenda. The reform is aligned with Objective 37.1 of

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Local Energy News

DRC and Angola Partner with Somagec on $1.2B Energy Transmission Projects

28, February, 202628, February, 2026

DRC and Angola Launch Major Cross-Border Energy Transmission Lines to Boost Industrial Growth and ElectrificationThe Ministry of Water Resources and Electricity of the Democratic Republic of Congo (DRC), represented by Minister Aime Sakombi Molendo, has signed an agreement with Moroccan firm Somagec to develop two ambitious energy transmission lines connecting Angola and the DRC. According to a statement, the 400 kV transmission line projects include: High-Voltage Infrastructure for Regional Integration The Soyo-Inga-Cabinda line is a

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International News Oil

Egypt Commits $4 Billion to Modernize Oil Refineries and Boost Energy Security

28, February, 202628, February, 2026

Egypt Launches $4B Refinery Upgrade Plan to Reduce Fuel Imports and Strengthen Regional Energy RoleEgypt is investing $4 billion to modernize and expand its oil-refining sector in a strategic move to enhance energy security, increase local value creation, and reduce costly fuel imports. Karim Badawi, Minister of Petroleum and Mineral Resources, outlined the plan, which includes six refinery upgrade projects aimed at increasing national refining capacity and improving operational efficiency. “The government has developed a

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Corporate News Diamonds International

De Beers Reports $511 Million Loss in 2025 Amid Weak Global Diamond Demand

28, February, 202628, February, 2026

De Beers Posts $511M Loss as Chinese Demand Slows and U.S. Tariffs Hit Global Diamond Trade De Beers, Africa’s largest diamond producer, reported a substantial $511 million loss for 2025, compared with a $25 million loss in 2024. The sharp decline reflects weaker demand in China, U.S. tariff pressures, and softer global diamond prices affecting key operations in Botswana, Namibia, and South Africa. Production and Operations Rough diamond production fell 12% to 21.7 million carats,

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International Corporate News Diamonds

Petra Diamonds Reports Stable EBITDA Despite Weaker Revenue in H1 2026

28, February, 202628, February, 2026

Petra Diamonds Posts $26M Adjusted EBITDA Amid Lower Revenue; Cullinan Blue Diamond Highlights Ore Quality London-listed Petra Diamonds has reported revenue of $100 million for the six months ended December 31, 2025, down from $115 million in the same period a year earlier. The company attributes the decline to the timing of tenders between December 2025 and January 2026. Strong Diamond Inventory and Product Mix As of December 31, 2025, Petra held 608,217 carats of

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