Angolan Mining Oil & Gas - Page 16 of 391 - Top Angolan News for Oil, Gas and Mining Industries

Heirs Energies Secures Major Afreximbank Financing to Accelerate Nigeria’s Energy Growth

14, January, 202614, January, 2026

Heirs Energies Raises $750 Million Afreximbank Facility to Double Oil Output and Boost Gas Supply in Nigeria Nigeria’s efforts to rebuild domestic energy capacity received a significant boost after Heirs Energies secured a $750 million financing facility from the African Export-Import Bank (Afreximbank), marking one of the largest Africa-backed energy transactions concluded this year. The funding is expected to double the indigenous producer’s crude oil output to around 100,000 barrels per day and increase gas

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Transport and Logistics Local News

Zambia Strengthens Commitment to Lobito Corridor

13, January, 202613, January, 2026

Zambia Reaffirms Support for Lobito Corridor to Enhance Trade, Infrastructure, and Regional Integration Zambia has reaffirmed its strong commitment to the Lobito Corridor following an official visit by its Ambassador to Angola, His Excellency Rev. Dr. Elias Munshya, to the Port of Lobito in Benguela Province. The visit underscores Zambia’s ongoing efforts to strengthen cooperation along this strategic regional infrastructure initiative linking Angola, Zambia, and the Democratic Republic of the Congo. During a high-level meeting

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Corporate News Diamonds International

De Beers Opens Largest-Ever Forevermark Flagship Store in Mumbai

11, January, 202611, January, 2026

De Beers Expands in India with Opening of Largest Forevermark Diamond Jewellery Store in Mumbai Diamond mining and jewellery group De Beers has opened a flagship store for its Forevermark Diamond Jewellery brand in Mumbai, reinforcing its long-term commitment to the fast-growing Indian luxury market. The 5,000-square-foot store is located at Crest Link in Khar West, a prime destination along Mumbai’s iconic Linking Road. The new flagship reflects Forevermark’s focus on Indian consumers seeking meaningful,

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Corporate News Diamonds Local

Luele Mining Targets Over 9 Million Carats in 2026 While Strengthening Operations and Community Impact

7, January, 20267, January, 2026

Luele Mining Sets Ambitious Diamond Production Goal, Boosts Sustainability and Social Development Luele Mining Company plans to produce more than nine million carats of diamonds in 2026, the company’s CEO, Romulo Mucase, announced while reviewing the firm’s first two years of operation. “We are preparing the mine to ensure a steady supply of ore and optimal operation of our processing plant, which now has two mills. We aim to extract over 12 million cubic meters

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Local Gas Mining News Oil

Angola Moves Forward on Key Mineral Projects with Focus on Execution and Capacity Building

7, January, 20267, January, 2026

Angola Reports Progress on Mineral, Oil, and Gas Structuring Projects with Focus on Full Execution Angola’s Ministry of Mineral Resources, Petroleum and Gas has reported that the country has 16 structuring projects for prospecting and exploring mineral resources, but only 11 of these are currently active. The projects cover a range of minerals, including diamonds, iron, copper, phosphate, rare earths, lithium, and gold, with 68.75% in operation. The remaining five projects, representing 31.25%, are currently

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Local Energy Gas Oil

Azevedo Emphasizes Rigorous Implementation of Mineral and Energy Sector Projects

7, January, 20267, January, 2026

Angola’s Mineral, Oil, and Gas Sector Focuses on Results-Driven Project Execution The Minister of Mineral Resources, Petroleum and Gas, Diamantino Azevedo, emphasized the central role of the sector in Angola’s economic development, economic diversification, investment attraction, and value creation. He highlighted that this responsibility requires a high level of professionalism, rigor, and a strong commitment to achieving results. Minister Azevedo made these remarks at the opening of the XII Meeting of the Advisory Council of

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Corporate News International Oil

OPEC+ Holds Oil Output Steady Amid Market Uncertainty and Geopolitical Tensions

7, January, 20267, January, 2026

OPEC+ Maintains Oil Production Levels Through Q1 2026 Despite Global Political Turmoil OPEC+ agreed to maintain current oil production levels on Sunday after a brief meeting of key producing nations, reaffirming its decision to keep output unchanged through the first quarter of 2026. The alliance’s members deliberately avoided substantive discussion of ongoing political crises affecting some member states. The virtual meeting involved eight major OPEC+ producers — Saudi Arabia, Russia, the United Arab Emirates (UAE),

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International Corporate News Diamonds

Lucara Confirms Strong Economics for Karowe Underground Diamond Project

7, January, 20267, January, 2026

Lucara Estimates 4.5 Million Carats from Karowe Underground Mine in Botswana Canadian miner Lucara Diamond Corporation has confirmed that the underground expansion of its Karowe diamond mine in Botswana could recover approximately 4.5 million carats over a projected mine life of ten years, according to an updated technical report. The company undertook the update to its underground feasibility study to reinforce its strategic decision to extend the life of the Karowe operation and continue delivering

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Corporate News Gas International

Eni’s Zohr Discovery Transforms Egypt’s Natural Gas Outlook

7, January, 20267, January, 2026

Eni Discovers Up to 30 Tcf of Gas at Zohr, Egypt’s Largest-Ever Gas Field Eni has discovered natural gas reserves estimated at up to 30 trillion cubic feet (Tcf) in Egypt’s Zohr field, marking the largest gas discovery ever recorded in the country and a turning point for its energy sector. Hamdy Abdel-Aziz, spokesperson for Egypt’s Ministry of Petroleum, said the find increases Egypt’s total natural gas reserves by roughly one-third. Egypt’s proven gas reserves

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International Gas News

NNPC Advances AKK Gas Pipeline to Drive Industrial Growth in Northern Nigeria

7, January, 20267, January, 2026

Nigeria’s NNPC Nears Completion of AKK Gas Pipeline to Boost Industry and Power in the North Nigeria’s state-owned energy company is counting on the long-delayed Ajaokuta–Kaduna–Kano (AKK) gas pipeline to stimulate industrial development across northern Nigeria, according to its chief executive following a briefing with President Bola Tinubu. Bashir Ojulari, Group Chief Executive Officer of NNPC Ltd, said the company has completed welding of the pipeline’s main line, including the critical River Niger crossing that

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