Vital Industry News
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 Seplat Energy Plans 17 New Wells in 2026 to Boost Production Energean to Acquire Chevron Stakes in Angola’s Block 14 Assets Cameroon Opens Nine Oil and Gas Blocks to Investors in 2026 Licensing Round
Corporate News International Mining Personality

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

Corporate News Local Oil

Angola’s Cabinda Refinery Nears Production Start Following Ministerial Inspection

Local Economy Gas News

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

More Angolan Mining News

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,…
Corporate News Local Mining Projects

Angola Leads African Rare Earth Surge with $165 Million Investment in Longonjo Project

Angola Secures $165M Investment for Longonjo Rare Earth Project, Boosting Africa’s Strategic Supply Chain Mining…
Economy International News

Burkina Faso Mining Development Fund Raises CFA85.7 Billion in 2025

Burkina Faso Collects $152 Million from Mining Development Fund in 2025 to Support Local Development…
Local Economy News

Chinese Investors Dominate $21.8 Billion in Proposed Investments in Angola

China Leads $21.8 Billion Investment Proposals in Angola as AIPEX Reports Surge in Foreign Interest…
Corporate News Gas International

TotalEnergies to Approve $750 Million Gas Project in Nigeria by 2025

TotalEnergies is set to approve a $750 million investment in the Ima gas project in Nigeria next year, furthering the country’s efforts to attract new hydrocarbon investments. The Ima project, a shallow-water development planned in partnership with a local company, is expected to enhance gas supply to Nigeria’s liquefied natural gas (LNG) plant. This follows a $500 million investment approved earlier in 2024 to develop the Ubeta onshore field, a project designed to produce 300

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Corporate News Exploration International Oil

TotalEnergies Seeks Approval for New Offshore Exploration in South Africa’s Deep Water Orange Basin

TotalEnergies is pursuing environmental clearance to drill up to seven exploration wells in the southern portion of its Deep Water Orange Basin (DWOB) block, located off South Africa’s west coast. The DWOB block lies approximately 200 kilometers (124 miles) offshore between Port Nolloth and Saldanha Bay in deep waters. TotalEnergies EP South Africa (TEEPSA), the operator, previously received authorization in 2023 to explore the northern section of the block. The company now seeks to extend

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International Renewable Energy

Masdar and Partners Propel Egypt’s Renewable Energy Ambitions with 1.2 GW Solar Projects

Masdar, Infinity Power, and Hassan Allam Utilities have partnered with the Egyptian Electricity Transmission Company (EETC) to accelerate Egypt’s renewable energy transformation. This collaboration includes two Power Purchase Agreements (PPAs) for solar energy projects with a combined capacity of 1.2 gigawatts (GW) and 720 megawatt-hours (MWh) of Battery Energy Storage Systems (BESS). The initiative includes a 900 MW solar power plant with BESS in Wahat and a 300 MW solar power plant with BESS in

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International News Oil

Libya Achieves Highest Oil Production Levels Since 2013

Libya’s National Oil Corporation (NOC) announced a significant milestone on Tuesday, reporting daily oil production exceeding 1.4 million barrels—the highest level in over a decade. The NOC detailed that crude oil and condensate production surpassed 1.4 million barrels, with an additional 200,000 barrels of gas production. This brings Libya’s total daily hydrocarbon output to 1.6 million barrels. The NOC attributed this achievement to the tireless efforts of its workforce, praising their round-the-clock dedication. The statement

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Corporate News Energy International

Egypt and Hynfra Partner on $1.6 Billion Green Ammonia Facility

The General Authority for Investment and Free Zones (GAFI) of Egypt has partnered with Polish company Hynfra to establish a $1.6 billion facility dedicated to green ammonia production. This ambitious project aims to position Egypt as a leader in the global green energy sector. The facility’s first phase, set to launch by 2030, will produce 400,000 tonnes of green ammonia annually. Future phases will scale up production to one million tonnes per year. This initiative

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Corporate News Gas International Oil

BP Expands Operations in Egypt with New Oil and Gas Exploration Focus

BP is set to expand its presence in Egypt by exploring new oil and natural gas opportunities across six concessions, according to Egyptian Prime Minister Mostafa Madbouly. The announcement came during a meeting with BP’s CEO, Murray Auchincloss, where the company reaffirmed its long-term commitment to the country. Madbouly highlighted BP’s 60-year history of operations in Egypt, during which the company has invested a total of $30 billion in developing its energy sector. At the

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Corporate News Diamonds International

De Beers Implements Significant Price Cuts Amid Deep Diamond Market Slump

De Beers, the world’s leading diamond producer, has reduced diamond prices by over 10% in a significant move to address a prolonged market downturn. This marks a shift in the company’s strategy, which previously aimed to stabilize the slumping market by maintaining higher prices. The diamond market is experiencing one of its deepest slumps in decades. Initially triggered by a post-pandemic slowdown, the downturn has been exacerbated by inflation affecting consumer spending, a collapse in

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Local Transport and Logistics

President Biden visits Lobito Atlantic Railway to view copper exports to the USA

Lobito, December 4, 2024 – The President of the United States of America, Joe Biden, visited the Multipurpose Terminal at the Port of Lobito, Angola yesterday, where he watched the arrival of a train operated by the Lobito Atlantic Railway (LAR), transporting copper from the Democratic Republic of Congo (DRC).  The copper was then loaded onto a vessel bound for New Orleans, in the United States, highlighting, once again, the strategic role of the Lobito Corridor in linking Southern

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Corporate News Local Oil

Dangote Group Eyes New Refinery in Angola Following Success of Nigerian Plant

Dangote Group President Aliko Dangote is leveraging the success of his 650,000 barrels-per-day refinery and petrochemical plant in Nigeria to advance discussions with Angolan President João Lourenço about building a new refinery in Southern Africa. The Dangote Refinery and Petrochemical Plant, located at the Lekki Free Trade Zone in Lagos State, is the world’s largest single-train refinery and has already made a significant impact on the African energy sector since it began operations. By reducing

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International Corporate News Oil

Galp Strikes Light Oil and Gas in Namibia’s Orange Basin

Galp, the Portuguese oil and gas company, has discovered light oil and gas condensate during its second exploration and appraisal program in Namibia’s Orange Basin. This discovery, near previous finds by Shell and TotalEnergies, builds on the success of its first campaign in license PEL 83. The Mopane-1A appraisal well, drilled by Saipem’s Santorini drillship, is located in blocks 2813A and 2814B at the heart of the Orange Basin, a rapidly emerging oil and gas

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