Vital Industry News
Africa Positions Itself as Key LNG Supplier to Europe Amid Global Energy Shifts Nigeria’s Petrol Imports Plunge as Dangote Refinery Dominates Local Supply Ghana’s Damang Gold Mine Transitions to Local Ownership Under Engineers and Planners Chevron Appoints Emmanuelle Garinet to Lead Exploration in the Americas and Africa Angola’s Cabinda Refinery Nears Production Start Following Ministerial Inspection Angola Begins Gas Exports from Quiluma Field with 150 Million Cubic Feet per Day Angola Leads African Rare Earth Surge with $165 Million Investment in Longonjo Project Burkina Faso Mining Development Fund Raises CFA85.7 Billion in 2025 Chinese Investors Dominate $21.8 Billion in Proposed Investments in Angola TotalEnergies Restarts Production at Libya’s Mabruk Oil Field After 11-Year Shutdown
International Gas News

Africa Positions Itself as Key LNG Supplier to Europe Amid Global Energy Shifts

Corporate News International Oil Petroleum

Nigeria’s Petrol Imports Plunge as Dangote Refinery Dominates Local Supply

Corporate News Gold International

Ghana’s Damang Gold Mine Transitions to Local Ownership Under Engineers and Planners

More Angolan Mining News

International Gas News

Africa Positions Itself as Key LNG Supplier to Europe Amid Global Energy Shifts

Africa Expands LNG Exports to Europe as Demand Rises Amid Energy Supply Uncertainty Africa is…
Corporate News International Oil Petroleum

Nigeria’s Petrol Imports Plunge as Dangote Refinery Dominates Local Supply

Nigeria Cuts Petrol Imports as Dangote Refinery Meets 92% of Fuel Demand Nigeria recorded a…
Corporate News Gold International

Ghana’s Damang Gold Mine Transitions to Local Ownership Under Engineers and Planners

Ghana’s Damang Mine Set for Local Takeover as Engineers and Planners Prepares Operations Ghana’s mining…
Corporate News International Mining Personality

Chevron Appoints Emmanuelle Garinet to Lead Exploration in the Americas and Africa

Chevron Names Emmanuelle Garinet Director of Exploration for the Americas and Africa Energy supermajor Chevron…
Corporate News Local Oil

Angola’s Cabinda Refinery Nears Production Start Following Ministerial Inspection

Cabinda Refinery Prepares for Petroleum Production After Ministry Inspection A delegation from the Ministry of…
Local Economy Gas News

Angola Begins Gas Exports from Quiluma Field with 150 Million Cubic Feet per Day

Angola Launches Gas Exports from Quiluma Field, Boosting Energy Diversification The National Agency of Petroleum,…
Local Governance

Minister Diamantino Pedro Azevedo Named “African Minister of the Year 2024”

Angola’s Minister of Mineral Resources, Petroleum, and Gas, Diamantino Pedro Azevedo, has been named “African Minister of the Year 2024” by Leadership Magazine, a UK-based publication. According to sources from Jornal Economia & Finanças in the editorial office of Leadership Magazine, the official announcement is expected in the coming hours or within a few days. Minister Azevedo won the “African Government Minister of the Year 2024” category, competing against ministers from Nigeria, Rwanda, and Djibouti.

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Local Economy News Oil

Angola Exceeds Oil Production Targets with 33.8 Million Barrels in November

In November, Angola produced over 33.8 million barrels of oil, averaging approximately 1.1 million barrels per day, according to the National Agency for Oil, Gas, and Biofuels (ANPG). The official monthly report on oil production, accessed by VerAngola, revealed that the country achieved a total of 33,841,872 barrels during the month. “Angola’s oil production for November was 33,841,872 barrels, which corresponds to a daily average of 1,128,062 barrels per day (BOPD), surpassing the projected 1,073,910

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International Corporate News Oil Partnerships

VAALCO and Borr Drilling Partnership Highlights Africa’s Growing Offshore Energy Potential

Houston-based VAALCO Energy has signed a contract with UK-based Borr Drilling to provide a jack-up rig for its 2025/2026 drilling program off the coast of Gabon. This partnership signals a rise in offshore drilling activity across Africa and reflects the increasing trend of international collaboration in the continent’s energy sector. As the energy landscape evolves, the upcoming Invest in African Energy (IAE) Forum in Paris next May will provide a vital platform for fostering such

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Local Economy Partnerships

Angola and South Africa Strengthen Economic Ties During President Lourenço’s Visit

Angolan President João Lourenço visited South Africa last week to strengthen economic ties and explore strategic partnerships between the two nations. The visit aimed to enhance bilateral trade and investment, focusing on key sectors such as energy, mining, infrastructure, and logistics. Discussions centered on maximizing the benefits of the African Continental Free Trade Agreement, advancing mineral beneficiation strategies, and leveraging Angola’s Lobito Trans-Africa Corridor as a model for regional integration. Both countries also explored cross-border

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Corporate News International Oil

Shell Approves Bonga North Deepwater Project to Sustain Oil Production in Nigeria

Shell, through its Nigerian subsidiary Shell Nigeria Exploration and Production Company Limited, has made a Final Investment Decision (FID) on the Bonga North Deepwater Development in Nigeria. This project, an extension of the active Bonga field in OML 118, is aimed at sustaining production at the Bonga facility, with first oil expected by 2030. The Bonga North project is designed to achieve a production capacity of 100,000 barrels per day. It includes the development of

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Diamonds Corporate News International

Lucara Diamond Corp Names Two Exceptional Diamonds Recovered from Botswana’s Karowe Mine

Canada-headquartered Lucara Diamond Corp has named two extraordinary diamonds recovered at its Karowe mine in Botswana. The 2,488-carat diamond, found in August, has been named Motswedi, which means “a water spring” or “the flow of underground water that emerges to the surface, offering life and vitality” in the local Setswana language. The 1,094-carat diamond, discovered in September, has been named Seriti, meaning “aura” or “presence” in Setswana. “We are incredibly proud to announce the naming

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Corporate News Diamonds International

Burgundy Diamond Mines Reports $93 Million Revenue in Q4 Sales

ASX-listed Burgundy Diamond Mines, the operator of the Ekati Mine in Canada, achieved $93 million in revenue from two successful diamond sales cycles in the fourth quarter of 2024. Q4 Sales Highlights Burgundy CEO Kim Truter highlighted the strong performance of Ekati’s ethically sourced diamonds: “Ekati’s ethically produced G7 product sold well this quarter, achieving $106 per carat in the latest sale. While this number reflects a higher-quality parcel of goods, we also observed gains

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Local Gas Mining Projects Oil

ANPG Plans New Oil and Gas Projects to Sustain Production Beyond 2027

The National Agency for Oil, Gas, and Biofuels (ANPG) has announced that the Agogo Full Field (Block 15/06), CLOV (Block 17), Begonia (Block 17/06), Greater Infills, Plutonium (Block 18), and KARI (Block 32) projects will begin production in 2025. These are among the key assets to help maintain oil production above one million barrels per day until 2027, as outlined in the ANPG’s report presented at the X Consultative Council of the Ministry of Mineral

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Local Transport and Logistics

Lobito Corridor Key to Sustainable Economic Development and Regional Integration

The importance of the Lobito Corridor in fostering inclusive and sustainable economic development in the region was recently highlighted by the EU-Angola Dialogues team, which visited Benguela. According to a press release sent to Jornal de Angola, the Lobito Corridor is part of the European Union’s Global “Gateway” strategy and is a central element in its cooperation with Africa, contributing to regional economic growth and integration. The project, the statement explains, involves the development and

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Corporate News Diamonds Local

Catoca Mining Company Wins Major Awards at Angola Mining Awards 2024

The Sociedade Mineira de Catoca emerged as the top winner in the “Mining Operator of the Year in the Diamond Industry” category at the inaugural Angola Mining Awards held in Luanda on Friday. The event, which aimed to recognize the standout players in the mining industry over the past year, celebrated various achievements across multiple sectors. Pedra Rubra won the “Marketing and Jewelry” category, while the “Cutting” category was claimed by the Kassinga Project in

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