Vital Industry News
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 Seplat Energy Plans 17 New Wells in 2026 to Boost Production
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

Corporate News International Mining Personality

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

More Angolan Mining News

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,…
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…
Corporate News Energy International

Baker Hughes Launches Advanced Facilities to Boost Namibia’s Energy Industry

Baker Hughes has inaugurated a liquid mud plant, cement bulk facility, and integrated multi-modal hub at Walvis Bay, marking a significant step in supporting Namibia’s growing energy sector and advancing localization efforts. The liquid mud plant, Namibia’s largest by volume and capacity, alongside the cement bulk facility, will supply critical drilling and completion fluids and cement handling services for offshore oil and gas operations. Baker Hughes’ integrated multi-modal facility also features state-of-the-art testing and maintenance

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Diamonds International News

Namibia’s Diamond Sector Challenges Threaten Economic Growth

The Bank of Namibia (BoN) has expressed concerns that ongoing challenges in the mining sector, particularly in the diamond industry, may extend beyond 2024, posing a significant threat to the country’s economic growth. Kazembire Zemburuka, BoN’s Director of Strategic Communications and International Relations, highlighted declining production volumes and falling international diamond prices as critical issues affecting GDP growth throughout 2024, with projections indicating continued struggles in the coming years. “The challenges facing the diamond mining

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International Gas News

Morocco to Launch 2025 Tenders for Nigeria-Morocco Gas Pipeline

Morocco is set to initiate tenders in 2025 for the Nigeria-Morocco gas pipeline, focusing on sections within Moroccan territory. This milestone is part of the National Office of Hydrocarbons and Mines’ (ONHYM) 2025 Action Plan, according to Asharq Al-Awsat. The pipeline’s first phase will span Morocco, Mauritania, and Senegal, with additional gas transport agreements expected next year. A dedicated private company will oversee the project’s construction, operation, and maintenance, as outlined in a project document

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International Corporate News Energy

QatarEnergy Expands Offshore Holdings in Namibia with New Stake Acquisitions

QatarEnergy has strengthened its presence in Namibia’s upstream oil and gas sector through an agreement with TotalEnergies, increasing its stakes in two Orange Basin offshore blocks. Under the new deal, QatarEnergy will acquire an additional 5.25% stake in Block 2913B and 4.7% in Block 2912. Following the transaction, QatarEnergy’s shares will rise to 35.25% in Block 2913B and 33.025% in Block 2912. Saad Sherida Al-Kaabi, Qatar’s Minister of State for Energy Affairs and CEO of

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Gas International News

Ghana Unveils 515MW Bridge Power Plant to Boost Energy Security

President Nana Akufo-Addo has inaugurated the Bridge Power Plant, a 200MW combined cycle power facility in Kpone, located in Greater Accra’s Heavy Industrial Area. The plant, developed by Early Power Limited, is powered primarily by natural gas and is designed to be one of Ghana’s most operationally flexible combined cycle facilities. Supplied with five TM2500 aeroderivative gas turbines by GE Vernova, the Bridge Power Plant represents a critical milestone in Ghana’s energy sector. It is

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International Corporate News Oil

Mozambique’s ENH Partners with Saipem to Strengthen Offshore Drilling Services

Mozambique’s state oil and gas company, Empresa Nacional de Hidrocarbonetos (ENH), is set to expand its involvement in the country’s hydrocarbon sector by investing in specialized offshore drilling services for exploration and production. On Friday, ENH signed a shareholders’ agreement in Maputo with Saipem International B.V., a subsidiary of the Italian multinational Saipem. The agreement establishes a joint venture between ENH Exploration, a dedicated subsidiary of ENH, and Saipem, aiming to enhance Mozambique’s capacity in

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Corporate News International Oil Petroleum

Dangote Refinery Lowers Fuel Price to N970 in Year-End Gesture

The Dangote Refinery has announced a reduction in the price of Premium Motor Spirit (PMS) to N970 per liter, down from the previous N990. This N20 decrease applies to marketers purchasing directly from the refinery, according to a report by The Punch. Anthony Chiejina, Dangote Group’s Chief Branding and Communications Officer, confirmed the adjustment on Sunday, describing it as a gesture of appreciation for Nigerians as the year draws to a close. “This reduction is

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International News Petroleum

Mozambique to Audit Hydrocarbon Firms for Local Content Compliance

Mozambique plans to conduct independent audits of hydrocarbon companies to evaluate their contributions to local business development under its local content framework. The audits will also assess companies’ compliance with policies and regulations, as well as the effectiveness of government measures promoting local participation. The National Petroleum Institute (INP) has launched an international public tender to select a specialized company for the task. The chosen firm will assist in developing auditing and analytical processes to

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Corporate News Gas International News

Senex Energy Marks Milestone as Atlas Gasfield Expansion Nears First Production

Australian energy company Senex Energy has announced the imminent flow of first gas from its A$1-billion Atlas natural gasfield expansion, following the official inauguration of its Surat Basin facility in Queensland on Sunday. The event was attended by prominent shareholders, including Posco International CEO Kyein Lee and Hancock Prospecting Executive Chairperson Gina Rinehart, alongside representatives from government and the Wandoan community. The Atlas expansion is a key achievement for Senex, particularly as the Australian Energy

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Corporate News Diamonds International

Alrosa Faces Production Cuts and Staff Reductions Amid Diamond Market Crisis

Russia’s Alrosa, the world’s largest producer of rough diamonds by volume, is considering suspending some production in 2025 and reducing its workforce as it confronts plummeting global diamond prices. The company’s CEO, Pavel Marinychev, highlighted these challenges during an interview on Thursday, citing ongoing Western sanctions and a downturn in the diamond industry. Marinychev described the global diamond market as being in a “deep crisis,” with prices declining for the second consecutive year. For Alrosa,

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