Angolan Mining Oil & Gas - Page 13 of 389 - Top Angolan News for Oil, Gas and Mining Industries

Local Gas News Oil

Angola Moves to Strengthen Offshore Oil and Gas Support with PAENAL Stake Sale

14, January, 202614, January, 2026

Angola to Sell Sonangol Stake in PAENAL to Boost Offshore Oil and Gas Services Angola has taken a decisive step to strengthen its offshore oil and gas support infrastructure by approving the sale of the State’s indirect shareholding in PAENAL – Porto Amboim Estaleiros Navais Limitada to a strategic and technological partner. According to Presidential Decree No. 368/25, published in the Official Gazette on December 31, 2025, the State’s participation in PAENAL, held through Sonangol,

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Corporate News Diamonds Local

Endiama Reaffirms Drive to Boost Diamond Value Addition and Geological Activity

14, January, 202614, January, 2026

Angola’s National Diamond Company Targets Value Addition as Production Tops Annual Goal Angola’s National Diamond Company has reaffirmed its commitment to expanding geological exploration and strengthening value addition across the diamond production chain, as the country seeks to extract greater economic benefit from its mineral resources. Speaking in Luanda on Monday, Chairman of the Board of Directors Ganga Júnior said the company is focused on moving beyond the export of rough diamonds by investing in

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Corporate News Diamonds Local

Angola Projects $1.8 Billion in Diamond Sales in 2025 on Higher Export Volumes

14, January, 202614, January, 2026

Angola’s Diamond Revenues Set to Rise Sharply Despite Weaker Prices Angola is projected to generate $1.8 billion in diamond revenues in 2025, representing a 21% increase compared with the previous year, according to Sodiam, the state-owned National Diamond Trading Company. In a statement, Sodiam said the projected revenues are based on the sale of 17.7 million carats of diamonds, marking a 70.2% rise in export volumes year on year. The company attributed the strong performance

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Local News Oil

Lobito Refinery Seen as Catalyst for Angola’s Energy Autonomy and Regional Growth

14, January, 202620, January, 2026

Angola’s Lobito Refinery to Boost Energy Independence and Drive Benguela’s Economic Transformation The Governor of Benguela Province, Manuel Nunes Júnior, has described the Lobito Refinery as a transformative project that will elevate Angola to a new level of energy autonomy while offering tangible hope and opportunity for the region’s youth. Speaking on Tuesday during a visit by President João Lourenço to the refinery’s construction site, Nunes Júnior said the project represents an anchor investment and

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International News Renewable Energy

Zambia Breaks Ground on 100 MW Siavonga Solar Project to Strengthen Power Supply

14, January, 202614, January, 2026

Zambia Launches $80 Million Siavonga Solar Project to Reduce Reliance on Hydropower Zambia has commenced construction of the 100-megawatt Siavonga solar power project, a key initiative aimed at strengthening the national electricity supply and easing pressure on hydropower generation, which has been affected by local and climate-related challenges. The $80 million project is being developed by JIGSCO Energy Corporation Limited, a joint venture between state-owned utility ZESCO and Jigsaw Investments, with Power China appointed as

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International News Oil

Nigeria Launches 2026 Oil and Gas Licensing Round to Attract $10 Billion in Upstream Investment

14, January, 202614, January, 2026

Nigeria Opens 2026 Licensing Round Offering 50 Oil and Gas Blocks to Boost Upstream Investment Nigeria has officially launched its 2026 upstream licensing round, part of a broader strategy to tackle long-standing underinvestment in the country’s oil and gas sector and across Africa. The Nigerian Upstream Petroleum Regulatory Commission opened the tender in January, making 50 blocks available, including 19 shallow water blocks, 15 onshore blocks, 15 frontier blocks, and one deepwater block. The federal

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International Corporate News Oil Drilling

ReconAfrica Increases Fundraising Target to Advance Namibia Oil Discovery and Regional Exploration

14, January, 202614, January, 2026

ReconAfrica Raises C$32 Million to Expand Namibia Oil Project and Exploration in Angola and Gabon Reconnaissance Energy Africa Ltd (ReconAfrica), the Canadian-listed oil and gas company, has raised its fundraising target to C$32 million following strong investor demand. The company plans to issue approximately 33.7 million new units at C$0.95 each. Funds from the offering will primarily support ongoing development at the Kavango West 1X oil discovery in northeastern Namibia, preparation for additional drilling, and

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International News Oil

Uganda and Tanzania to Begin Crude Oil Exports via EACOP Pipeline in 2026

14, January, 202614, January, 2026

East African Crude Oil Pipeline Set to Launch Uganda’s First Oil Exports, Boosting Regional Energy Trade Uganda and Tanzania are preparing to ship their first crude oil through the $5 billion East African Crude Oil Pipeline (EACOP) as early as October 2026, marking a major milestone for the region’s energy sector. The pipeline will provide Uganda with its long-awaited gateway to global oil markets while strengthening Tanzania’s role as a regional energy transit hub. The 1,443-kilometre

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International Corporate News Oil

Dangote Refinery’s Fuel Supply Deal Collapses Amid Pricing Dispute

14, January, 202614, January, 2026

Dangote Refinery Deal with 20 Oil Marketers Falls Through, Fuel Imports Surge The Dangote Refinery’s pilot supply arrangement with 20 oil marketers, designed to distribute 600 million litres of fuel monthly, has reportedly collapsed. The deal, established in October 2025, aimed to streamline domestic fuel distribution by allocating approximately 30 million litres of gasoline per month to each selected marketer. According to anonymous sources, the breakdown of the agreement was primarily due to disagreements over

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International News Oil Petroleum

Cameroon’s Kribi Refinery Set for Early Start, Strengthening Domestic Fuel Supply

14, January, 202614, January, 2026

Cameroon’s Kribi Oil Refinery Targets Early Operations in 2026 to Cut Fuel Imports Cameroon’s Kribi oil refinery is on track to begin partial operations in the second half of 2026, nearly two years ahead of its original commissioning timeline. The project represents the country’s first major new oil processing facility in decades and is expected to significantly reduce reliance on imported fuel. The initial phase of the refinery is designed to process up to 10,000

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