Vital Industry News
Lucara Unearths High-Quality Blue Diamond at Karowe Mine 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
Corporate News Diamonds International

Lucara Unearths High-Quality Blue Diamond at Karowe Mine

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

More Angolan Mining News

Corporate News Diamonds International

Lucara Unearths High-Quality Blue Diamond at Karowe Mine

Lucara Recovers Rare 36.92-Carat Blue Diamond from Karowe Mine in Botswana Lucara Diamond Corp has…
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…
International News Oil

Offshore Oil Drilling Ramps Up in Namibia with Arrival of Saipem’s Drillship

A new phase of offshore oil drilling is kicking off in Namibia as Saipem SpA’s Santorini drillship arrives at the “Mopane” site, an area marked by a previous discovery from Galp Energia SGPS SA. The drillship, with a destination listed as “Mopane,” reached the field early on Wednesday, October 23. Namibia is set to host at least four drilling campaigns by the end of the year, including projects from oil giants TotalEnergies SE and Chevron

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International Corporate News Oil Petroleum

NNPC’s Nigerian Refineries Face Diesel Sulfur Compliance Hurdles Amid Turnaround Maintenance

NNPC Ltd’s three refinery complexes in Nigeria, currently undergoing extensive turnaround maintenance (TAM), are not expected to meet the diesel sulfur content regulation limit of below 1,500 parts per million (ppm) upon their commissioning. This exceeds even local regulatory standards for sulfur levels in diesel, reflecting challenges in bringing the government-operated refineries in line with cleaner fuel standards. The NNPC-operated refineries are located in Port Harcourt, Warri, and Kaduna and have been under rehabilitation since

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International Energy Gas

Dangote Cement Commits $280 Million to Nigeria’s Clean Energy Future with CNG Fleet Transition

Dangote Cement Plc has underscored its commitment to Nigeria’s clean energy goals by investing over $280 million (₦460 billion) in compressed natural gas (CNG) technology and infrastructure. This substantial investment supports President Bola Ahmed Tinubu’s CNG Initiative, designed to guide Nigeria toward a low-carbon economy and provide more sustainable, cost-effective energy solutions. Arvind Pathak, Group Managing Director of Dangote Cement Plc, stated that the investment focuses on transitioning the company’s fleet to CNG, with plans

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International News Oil Petroleum

Financing Challenges Prompt Increased Investments in East African Crude Oil Pipeline

The East African Crude Oil Pipeline (EACOP), a joint project between Tanzania, Uganda, and major external stakeholders TotalEnergies and China National Offshore Oil Corporation (CNOOC), is facing significant financing hurdles. Originally set up to transport oil from Uganda’s Lake Albert reserves to Tanzania’s Tanga port, this $5 billion project has seen its two primary foreign investors step in with additional funding due to debt-financing constraints. The project has attracted criticism from environmental groups and parts

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Diamonds International News

Gem Diamonds Reports Strong Revenue Growth from Letšeng Mine

London-listed Gem Diamonds, operating the Letšeng diamond mine in Lesotho, generated revenues of $42.7 million from the sale of 26,627 carats of diamonds in the quarter ending September 30. This marks a significant increase from the $34.8 million generated from the sale of 24,422 carats in the previous quarter, which ended on June 30. The average price achieved for diamonds during the recent quarter was $1,603 per carat, up from $1,424 per carat in the

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Diamonds Corporate News Local

De Beers Accelerates Diamond Exploration in Angola with Eight High-Potential Targets Identified

De Beers is swiftly advancing its diamond exploration efforts in Angola, with CEO Al Cook recently announcing at the Angola International Diamond Conference that the company has already identified eight “high-potential kimberlite targets.” This progress comes as De Beers resumed exploration in 2022, following extensive regulatory reforms under President João Lourenço, who took office in 2017 after the end of José Eduardo dos Santos’ presidency. In the early 2000s, De Beers and other major diamond

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Diamonds Corporate News International

De Beers Adapts Production and Launches Diamond Authentication Amid Market Challenges

Diamond mining giant De Beers has maintained its full-year production forecast of 23-26 million carats but is evaluating options with partners to scale down production as the midstream sector holds unusually high inventory levels, and demand recovery remains slow. In its third-quarter production and trading report for the period ending September 30, De Beers highlighted challenging trading conditions due to elevated inventory in the midstream and continued weak consumer demand in China. In response, the

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Diamonds Corporate News Local

Lucapa Reports Strong Diamond Sales from Lulo Mine Despite Seasonal Challenges

ASX-listed Lucapa Diamond Company has reported the sale of 5,587 carats from the Lulo diamond mine in Angola, where it holds a 40% interest. During the quarter ending September 30, the diamonds were sold at an average price of $3,033 per carat, generating $16.9 million in revenue. Despite a shift in the mining plan due to late seasonal flooding, production at Lulo remained consistent with the same period in 2023. A lower recovered grade was

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Local Gas News

Angola Poised to Become Major Gas Supplier in Southern Africa

The Secretary of State for Oil and Gas, José Barroso, announced on Monday that Angola is emerging as a potential gas supplier for Southern Africa. He highlighted growing demand from countries such as the Democratic Republic of Congo (DRC), South Africa, and Namibia, adding that the region is increasingly looking to Angola for gas supplies. Speaking at a public consultation on the Natural Gas Master Plan, Barroso revealed that Zambia has proposed constructing an Angola-Zambia

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Local News Oil Renewable Energy

Sonangol Partners with Qinghai Lihao Clean Energy for Solar Panel Production in Angola

Sonangol, Angola’s state oil company, has signed a memorandum of understanding with the Chinese firm Qinghai Lihao Clean Energy to establish a partnership aimed at developing a photovoltaic solar energy industrial chain in Angola. The agreement focuses on the production of solar panels using locally sourced quartz ore as the primary raw material. According to a statement from Sonangol, the partnership will lead to the creation of a solar panel industry in Angola, integrating quartz

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