Vital Industry News
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 Energean to Acquire Chevron Stakes in Angola’s Block 14 Assets
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

Corporate News Local Oil

Angola’s Cabinda Refinery Nears Production Start Following Ministerial Inspection

More Angolan Mining News

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…
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…
International Oil

OPEC+ Delays Oil Supply Increase, Extends Production Cuts

The Organization of the Petroleum Exporting Countries and its allies (OPEC+) have delayed their planned increase in oil supply, originally expected in October 2024. According to new data from the organization, an increase in cumulative crude oil production is anticipated. OPEC+ plans to inject around 180,000 barrels per day (b/d) into the oil market by December 2024. In the meantime, the voluntary production cuts currently implemented by Saudi Arabia, Russia, Iraq, the United Arab Emirates,

Loading

Read More Here

Local Exploration Gas News Oil

ANPG and Sonangol Launch New Hydrocarbon Exploration Project in Kwanza Basin

The National Oil, Gas, and Biofuels Agency (ANPG) and Sonangol Exploration and Production are set to invest in a specialized service to identify oil and other hydrocarbons in the onshore blocks of the Kwanza Basin. In a press release, ANPG announced that the project is scheduled to commence in September this year. The aim is to enhance geophysical and geological understanding of the Kwanza Basin blocks. The initial phase of the project will involve data

Loading

Read More Here

Local Economy News

Mining sector financed with more than 26 million kwanzas

Between 2022 and June 2024, bank financing for mining projects in Angola totaled 26.6 million kwanzas, representing just 3.0% of the 887.1 million kwanzas allocated to the extractive industry. This data, presented at the 3rd Forum on Banking and Mining in Luanda, reflects a broader trend of minimal financial support for mining initiatives. The study, conducted by the Center for Studies and Scientific Research of the Higher Polytechnic Institute of Angola (IMETRO) and Bumbar Mining,

Loading

Read More Here

Diamonds Local News

Chissema Mining Society Boosts Investment in Diamond Reserves Amid Market Challenges

Sociedade Mineira de Chissema in Lunda-Norte is ramping up its investments in diamond prospecting to reassess existing reserves and ensure its market presence. The company, which operates in a 1,019-square-kilometre concession spanning four municipalities—Capenda-Camulemba, Xá-Muteba, Cuango, and Lubalo—is focusing on exploration to navigate the current downturn in diamond prices. José Eduardo Van-Dúném, the head of Chissema’s Geology department, shared these plans during a visit by the provincial governor, Filomena Miza. He highlighted the need for

Loading

Read More Here

Local Gas News Oil

IOCs to Invest $60 Billion in Angola’s Oil and Gas Sector Over Next Five Years

International Oil Companies (IOCs) are planning to invest $60 billion globally over the next five years to advance Angola’s oil and gas prospects. A recent note obtained by Jornal de Angola reveals that the investment includes Total Energies’ strategic project, which involves developing the Begonia field with a budget of $850 million. Additionally, ExxonMobil is expected to invest up to $15 billion in the Namibe Basin, following recent successful discoveries. Details of these projects will

Loading

Read More Here

Diamonds Economy Local News

Angola’s Diamond Production Rises 36% in First Half of 2024 Despite Challenges

Angola produced 5.6 million carats of diamonds in the first half of 2024, marking a 36% increase compared to the 4.1 million carats recorded during the same period in 2023. This data was shared in Luanda by Miguel Vemba, Director of Mining Operations and Shareholding Management at Endiama, during a presentation on diamond production and sales for the first half of the year. The event, chaired by the Secretary of State for Mineral Resources, Jânio

Loading

Read More Here

Local Infrastructure News Oil

Cabinda Refinery Set to Begin Operations by July Next Year

The construction of the Cabinda Refinery is advancing steadily, with the project now 72% financially complete and 64% physically complete. The refinery is expected to begin operations in July of next year. This update was provided by Agostinho da Silva, the Deputy Governor for Technical Services and Infrastructure of Cabinda, following the 4th Meeting of the National Council for Public Works (CNOP), chaired by Minister of State for Economic Coordination, José de Lima Massano. The

Loading

Read More Here

Local News Oil Petroleum

Azule Energy Partners with Opsealog to Slash Emissions and Boost Offshore Fleet Efficiency

Azule Energy, a joint venture between Eni and BP, recently awarded Opsealog a two-year contract to enhance data collection, integration, and analysis, aiming to reduce fossil fuel consumption and greenhouse gas emissions from its offshore supply vessels (OSVs) in the Angolan market. According to the company’s press release, Opsealog expects to achieve a 10% reduction in emissions across the fleet. The contract’s first year will cover 28 vessels, with plans to expand to the full

Loading

Read More Here

Oil News

Brent falls to $73.75, hits December highs

The price of a barrel of Brent oil, which serves as a reference for Angolan exports, for delivery in November, ended today with a sharp drop of 4.86%, to 73.75 dollars, returning to the levels of December 2023. Brent crude hit its lowest level on the London futures market today since December 2023, when it was at an annual low of 73.24,  Lusa reports.   The price of oil fell below the $75 barrier for the first

Loading

Read More Here

Oil Local News

New Geological Survey to Enhance Understanding of Kwanza Basin Onshore Blocks

The National Agency for Oil, Gas, and Biofuels (ANPG) and Sonangol Exploration and Production are set to launch a geological data acquisition campaign in the Kwanza Basin Onshore Blocks starting this September. This initiative aims to enhance geophysical and geological knowledge of the Kwanza Basin Onshore Blocks, which span the provinces of Luanda, Malanje, and Cuanza-Norte, specifically Blocks KON-11, KON-12, and KON-15. According to a statement from ANPG, the first phase of the project will

Loading

Read More Here

1 … 155 156 157 158 159 … 391

You have successfully subscribed to the AMG Weekly newsletter

There was an error while trying to send your request. Please try again.

Angolan Mining Oil & Gas will use the information you provide on this form to be in touch with you and to provide updates and marketing.