Vital Industry News
Namibia’s Orange Basin Drives Surge in Foreign Direct Investment (FDI) in Q4 2024 Namibia’s Offshore Oil Discoveries Face Challenges Due to High Gas Content Scatec Signs 25-Year PPA for 120MW Sidi Bouzid II Solar Plant in Tunisia Africa Energy Bank Gains Momentum with Key Contributions from Nigeria, Angola, and Ghana Aradel Holdings Expands Upstream Portfolio with $19.5 Million Acquisition of Olo Fields Galp Sells Mozambique LNG Assets to ADNOC Unit in $881 Million Deal Alrosa Unveils Russia’s Largest Polished Colored Diamond Dangote Refinery Expands Global Reach with Strategic Exports to Asia and Beyond Nigeria’s Oil Market Struggles Amid Crude Price Drop and Policy Shifts Angola’s Longonjo Mine Set to Supply 2.5% of Global Rare Earth Demand
Namibia’s Orange Basin Drives Surge in Foreign Direct Investment (FDI) in Q4 2024 Namibia’s Offshore Oil Discoveries Face Challenges Due to High Gas Content Scatec Signs 25-Year PPA for 120MW Sidi Bouzid II Solar Plant in Tunisia Africa Energy Bank Gains Momentum with Key Contributions from Nigeria, Angola, and Ghana Aradel Holdings Expands Upstream Portfolio with $19.5 Million Acquisition of Olo Fields Galp Sells Mozambique LNG Assets to ADNOC Unit in $881 Million Deal Alrosa Unveils Russia’s Largest Polished Colored Diamond Dangote Refinery Expands Global Reach with Strategic Exports to Asia and Beyond Nigeria’s Oil Market Struggles Amid Crude Price Drop and Policy Shifts Angola’s Longonjo Mine Set to Supply 2.5% of Global Rare Earth Demand
International News Oil

Namibia’s Orange Basin Drives Surge in Foreign Direct Investment (FDI) in Q4 2024

International Gas Oil

Namibia’s Offshore Oil Discoveries Face Challenges Due to High Gas Content

International News Renewable Energy

Scatec Signs 25-Year PPA for 120MW Sidi Bouzid II Solar Plant in Tunisia

More Angolan Mining News

International News Oil

Namibia’s Orange Basin Drives Surge in Foreign Direct Investment (FDI) in Q4 2024

Exploration activity in Namibia’s Orange Basin has led to a significant rise in foreign direct…
International Gas Oil

Namibia’s Offshore Oil Discoveries Face Challenges Due to High Gas Content

Namibia's promising offshore oil discoveries are facing a significant obstacle to full-scale development due to…
International News Renewable Energy

Scatec Signs 25-Year PPA for 120MW Sidi Bouzid II Solar Plant in Tunisia

Scatec has signed a 25-year power purchase agreement (PPA) with Tunisia’s state utility, Société Tunisienne…
Local Gas News Oil

Africa Energy Bank Gains Momentum with Key Contributions from Nigeria, Angola, and Ghana

Nigeria, Angola, and Ghana have successfully fulfilled their capital commitments to establish the Africa Energy…
Corporate News International Oil

Aradel Holdings Expands Upstream Portfolio with $19.5 Million Acquisition of Olo Fields

Aradel Holdings Plc, a prominent Nigerian energy company, has successfully completed its acquisition of the…
Corporate News International Oil

Galp Sells Mozambique LNG Assets to ADNOC Unit in $881 Million Deal

Portuguese energy firm Galp has finalized the $881 million sale of its upstream assets in…
International Gas News

BP’s Senegal-Mauritania LNG Project Nears First Export

BP’s Greater Tortue Ahmeyim (GTA) LNG project is set to load its first cargo within weeks, according to junior partner Kosmos Energy. The BP-led project began LNG production earlier this year, as detailed in Kosmos Energy’s 2024 earnings report. The first cargo is expected later this quarter, with an LNG tanker already positioned at the Hub Terminal, ready for loading. Kosmos Energy confirmed that gas from GTA’s first phase began flowing from production wells to

Loading

Read More Here

Corporate News International Renewable Energy

Neosun Energy to Build Solar Power System for Jetpark in Johannesburg

Neosun Energy has secured a contract with Palisades Business Park to install a solar power system at Jetpark in Johannesburg, South Africa. The project aims to reduce grid electricity consumption and lower operational energy costs**. The grid-tied solar PV system will feature 1,380 Longi 580W N-type panels, providing an 800 kWp installed capacity. Designed for maximum efficiency, the system is expected to generate approximately 1.347 GWh of clean energy annually, offsetting nearly 55% of Jetpark’s

Loading

Read More Here

International News Renewable Energy

Mozambique’s Solar Power Grows 18.6% in 2024 but Remains Below 1% of Total Production

Electricity generation from solar parks in Mozambique increased by 18.6% in 2024, yet it still accounts for less than 1% of the country’s total production, according to official data reviewed by Lusa. The budget execution report for January to December 2024 shows that solar power production from five large solar parks and smaller plants exceeded 101,247 megawatt-hours (MWh), up from 85,343 MWh in 2023. However, the government’s target of 138,808 MWh for the year was

Loading

Read More Here

International Gas News

ExxonMobil Reaffirms Commitment to Mozambique’s LNG Project

ExxonMobil’s President for Upstream, Dan Ammann, led a company delegation that met with Mozambican President Daniel Chapo today, reaffirming the company’s commitment to Mozambique and the liquefied natural gas (LNG) project in Cabo Delgado. According to a statement from the Presidency of the Republic, Ammann emphasized the strong collaboration between the Mozambican government and international partners to advance the LNG project. “It was a pleasure to meet His Excellency President Chapo. We discussed our commitment

Loading

Read More Here

Corporate News Diamonds International

Lucara’s Revenue Rebounds in 2024 on Major Diamond Sales

Lucara Diamond Corp.’s revenue surged in 2024, driven by the sale of two massive rough diamonds from its Karowe mine in Botswana, which collectively fetched $54 million. Annual revenue rose 18% to $203.9 million, with sales volume increasing 5% to 399,215 carats, the company reported Friday. The higher revenue was attributed to a greater proportion of high-value stones, including the 549-carat Sethunya and the 1,080-carat Eva Star. Lucara posted a $39.9 million profit, a sharp

Loading

Read More Here

Corporate News Diamonds International

De Beers Jewellers Rebrands as De Beers London to Elevate Luxury Presence

De Beers Jewellers has rebranded as De Beers London, reinforcing its identity in the high-end luxury market and highlighting its connection to the British capital, a global hub for fashion and luxury. Announcing the change in a LinkedIn post last week, the company emphasized that the rebrand also strengthens its position as the only luxury jewelry house with direct access to natural diamonds from the source. This move, De Beers stated, is a key step

Loading

Read More Here

Corporate News Diamonds International

De Beers Unveils DiamondProof for Instant Diamond Verification

De Beers Group has introduced its DiamondProof device at select retail stores, offering rapid and reliable verification of natural diamonds. The device distinguishes natural diamonds from lab-grown alternatives and simulants by detecting unique chemical signatures, the company announced Monday. Already in use by major jewelry retailers, DiamondProof debuted in the U.S. following its unveiling at the JCK show in Las Vegas last June. Designed for use at retail counters and back offices, the device delivers

Loading

Read More Here

International Energy News

Nigeria and Russia in Talks for Nuclear Energy Partnership

Russia, which has secured energy agreements with more than a dozen African nations, is now in discussions with Nigeria on a potential nuclear partnership. Yusuf Tuggar, Nigeria’s Minister of Foreign Affairs, disclosed this during an interview with Sputnik on the sidelines of the 38th African Union Summit in Addis Ababa. Tuggar revealed that Africa’s largest oil producer is exploring a nuclear energy partnership with Russia, alongside discussions on other key sectors. “There are many opportunities

Loading

Read More Here

International Energy

South Africa Explores Nuclear Expansion Amid Global Tensions

South Africa is seeking new allies for its nuclear power expansion, with Russia and Iran emerging as potential partners. This move, hinted at by a senior government minister, could strain relations with the United States and complicate efforts to renew a key energy agreement. Currently home to Africa’s only nuclear power plant, Koeberg, South Africa aims to add 2,500 megawatts of nuclear capacity to address persistent power shortages and advance its transition to cleaner energy.

Loading

Read More Here

Corporate News International Oil

Dangote Refinery’s Price Cuts and Expansion Set to Reshape Nigeria’s Fuel Market

Late last year, the Dangote Refinery disrupted Nigeria’s oil market by reducing petrol prices, triggering fluctuations as fuel marketers adjusted to the shift brought by the world’s largest single-train refinery. During the festive season, the refinery lowered the ex-depot price of Premium Motor Spirit (PMS) to N899.50 per liter, down from N970 in November. More recently, two weeks ago, Dangote Refinery announced another reduction, lowering its retail price from N950 to N890 per liter, easing

Loading

Read More Here

1 … 15 16 17 18 19 … 296
en English pt Portuguese

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.