Angolan Mining Oil & Gas - Page 14 of 391 - Top Angolan News for Oil, Gas and Mining Industries

TotalEnergies Resumes Exit from Nigeria’s Onshore Oil Assets with New Sale Agreement

21, January, 202621, January, 2026

TotalEnergies Agrees to Sell 10% Stake in Nigeria’s SPDC Asset to Vaaris After Failed 2024 Deal TotalEnergies has reached an agreement to sell its 10 percent non-operated stake in Nigeria’s onshore SPDC asset—now restructured as the Renaissance joint venture—to Vaaris, reviving its strategy to divest from mature onshore oil operations in the country. The deal comes after the collapse of a proposed sale last year to Mauritius-based Chappal Energies, which was blocked by Nigerian regulators

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Local Economy News Oil

Angola Set to Benefit from Rising Brent Crude Amid Iran Supply Risks

21, January, 202621, January, 2026

Brent Oil Climbs to $65.46 on Iran Tensions, Strengthening Angola’s Export Benchmark The price of a barrel of Brent crude oil, the international benchmark used for Angola’s oil exports, closed higher on Monday on the London futures market. Contracts for March delivery rose by 2.49 percent to $65.46 per barrel, driven by growing concerns over potential supply disruptions from Iran. The upward movement reflects heightened investor anxiety about instability in Iran, one of the largest

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Transport and Logistics Local News

Global Investment in the Lobito Corridor Surpasses $6 Billion

20, January, 202620, January, 2026

Lobito Corridor Attracts Over $6 Billion as Global Investors Back Africa’s Critical Minerals Route International investor momentum behind the Lobito Corridor continues to strengthen, with global financial commitments to the strategic regional infrastructure project now exceeding USD 6 billion. Linking the Democratic Republic of Congo (DRC), Angola, and Zambia to international markets via Angola’s Port of Lobito, the corridor is increasingly regarded as a cornerstone of Africa’s critical minerals supply chains and regional industrial integration.

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Local News Oil

Higher Oil Prices Strengthen Angola and Nigeria’s Financial Outlook

20, January, 202620, January, 2026

Rising Oil Prices Boost Africa’s Leading Oil Producers Africa’s largest oil-producing countries are among the main beneficiaries of the recent increase in global oil prices, driven by heightened geopolitical tensions and escalating United States pressure on Iran. Countries such as Nigeria and Angola have recorded notable gains, particularly in their dollar-denominated sovereign debt. In recent trading sessions, debt securities issued by these oil-producing nations led market advances, reflecting improved investor sentiment. Angolan bonds maturing in

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Diamonds Local News

Angola Aims to Produce Over 16 Million Carats of Diamonds in 2026

20, January, 202620, January, 2026

Endiama Targets Record Diamond Production in 2026 After achieving diamond production of more than 15 million carats in 2025, Endiama has set ambitious targets for 2026, forecasting national output to exceed 16 million carats. The projection was announced by Ganga Júnior, Chairman of the Board of Directors of Endiama, during a press conference held on Thursday to present the company’s 2025 performance results and its strategic objectives for the current year. According to Angop, the

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Expos & Events Local News

Angola to Showcase Mineral Potential at Mining Indaba 2026 in South Africa

20, January, 202620, January, 2026

Angola Highlights Mining Investment Opportunities at Mining Indaba 2026 The Minister of Mineral Resources, Petroleum, and Gas, Diamantino Azevedo, will lead the Angolan delegation at the 32nd edition of the Mining Indaba, scheduled for February 9–12, 2026, in Cape Town, South Africa. According to a statement from the Ministry of Mineral Resources, Petroleum, and Gas (MIREMPET), the conference will adopt the theme “Together Stronger: Progress Through Partnerships”, emphasizing innovation, sustainability, investment attraction, and the future

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Diamonds Corporate News International

Rare 42-Carat Blue Diamond Discovered at South Africa’s Cullinan Mine

18, January, 202618, January, 2026

Cullinan Mine Unveils 42-Carat Type IIb Blue Diamond Valued at $40 Million A rare blue diamond weighing 41.82 carats has been discovered at South Africa’s historic Cullinan Mine, reinforcing the site’s reputation for producing some of the world’s most exceptional coloured diamonds. Industry experts estimate the stone could fetch $30–$40 million at auction. Petra Diamonds, which operates the mine approximately 20 miles east of Pretoria, described the find as a “type IIb blue diamond of

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International News Oil Petroleum

Zambia and Tanzania Strengthen Petroleum Cooperation in High-Level Talks

16, January, 202616, January, 2026

Zambia, Tanzania Agree on Fuel Supply Arrangements to Secure Petroleum Deliveries via TAZAMA Pipeline The Ministers of Energy of Zambia and Tanzania today held a high-level bilateral meeting in Dar es Salaam, reaffirming their long-standing partnership in petroleum cooperation and regional energy security. The engagement brought together senior government officials from both countries to deliberate on petroleum supply logistics, infrastructure management, and policy coordination, with a shared goal of ensuring a stable and reliable fuel

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Local Economy Partnerships

Zambian Ambassador Concludes Benguela Visit with Strategic Tour of Lobito Oil Refinery

15, January, 202615, January, 2026

Zambia’s Ambassador to Angola Tours Lobito Oil Refinery, Boosting Regional Energy and Trade Links His Excellency Rev. Dr. Elias Munshya, Zambia’s Ambassador to Angola, concluded an official working visit to Benguela Province with a technical tour of the Lobito Oil Refinery, a flagship energy infrastructure project within the Lobito Corridor framework. The visit took place on Wednesday, January 14, 2026, and marked the final engagement of the Ambassador’s programme in Benguela, which aimed to strengthen

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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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