Vital Industry News
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 TotalEnergies Restarts Production at Libya’s Mabruk Oil Field After 11-Year Shutdown
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

Corporate News Gold International

Ghana’s Damang Gold Mine Transitions to Local Ownership Under Engineers and Planners

More Angolan Mining News

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…
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,…
International Renewable Energy

Morocco Seeks Consultant for Africa’s First Offshore Wind Energy Project

Morocco is taking a significant step towards developing Africa’s first offshore wind energy project. The Moroccan Agency for Sustainable Energy (Masen) and the European Investment Bank (EIB) have issued a tender for a consultant to conduct a feasibility study for this pioneering initiative. The proposed site for the project is located in the Atlantic Ocean off the coast of Essaouira, a resort town renowned among windsurfers for its consistent wind flow from the Atlantic into

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News Diamonds International

De Beers Slashes Production Outlook

De Beers has lowered its production plan for 2024 by 3 million carats in response to the diamond market’s ongoing downturn and following a decline in first-half sales and profit. The miner expects to recover 23 million to 26 million carats of rough this year, compared with an earlier forecast of 26 million to 29 million carats, parent company Anglo American said Thursday in its interim results. Production was 31.9 million carats in 2023. The

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Diamonds International News

De Beers Sells Iron-Ore Royalty for Up to $150M

De Beers has sold an iron-ore interest in Australia as part of its efforts to streamline the business and offload noncore units. The company has entered into a definitive agreement to sell a royalty right related to the Onslow Iron project in West Pilbara, it said Monday. Taurus Funds Management will acquire the subsidiary company, De Beers Exploration Australia, for $125 million in cash up-front and up to $25 million at a later stage. De

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International News Oil

Nigeria’s Oil Production Sees Significant Increase in July

Nigeria’s daily oil production saw a substantial increase in July, as reported by Gbenga Komolafe, the Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). By July 23, Nigeria’s average daily production had risen to 1.61 million barrels per day (mbpd), up from 1.25 mbpd reported earlier in the month. During a two-day public/investigative hearing on oil theft and losses held by the House of Representatives Special Committee, the commission disclosed the latest production

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News International Renewable Energy

Africa’s Largest Solar Rooftop Installation Launched in Ghana

Africa’s largest solar rooftop installation was recently launched in Ghana, announced by Herbert Krapah, the country’s Minister of State for Energy, on Thursday. According to the Russian newspaper Sputnik, the solar installation spans 95,745 square meters—equivalent to 20 football fields—and was inaugurated in the city of Tema, Ghana. Funded by the World Bank’s International Finance Corporation (IFC), this solar project aims to generate 24.7 GWh of clean energy annually. The project, costing $17 million, is

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Oil Local News

Angola’s Cabinda Oil Refinery to Begin Operations This Year

Angola’s new Cabinda crude oil refinery is set to commence operations later this year, with a target to reach full production of 30,000 barrels per day by July next year, according to Chief Executive Marcelo Hofke. Nearly two-thirds of the construction is complete, making Cabinda the most advanced of the three planned refineries. y These new facilities, including an upgraded Eni-supported plant in Luanda, are crucial for Sub-Saharan Africa’s second-largest oil producer to reduce its

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International News Oil

Dangote Refinery Resells Crude Amid Operational Rumors

Nigeria’s prominent Dangote oil refinery has reportedly been reselling cargoes of U.S. and Nigerian crude, according to four trade sources on Friday. Three of these sources cited technical problems at the refinery as the reason for the reoffer. When questioned about the offers and market rumors of operational issues affecting the crude distillation unit (CDU), a Dangote executive confirmed that the CDU was operational, Reuters reported. The Dangote refinery, which began production in January, is

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Oil International

Brent Crude Prices Climb Amid Strong US Economic Growth

Brent crude oil prices for September delivery closed the week on a high note in the Asian market, reaching $82.44 per barrel on Friday. This marked a significant recovery from the previous day’s low of $78.28 per barrel. International experts attribute the “marginal” rise in oil prices to robust US economic growth figures that surpassed forecasts, indicating a potential increase in demand for crude oil from the world’s largest energy consumer. Data revealed that the

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Local Economy Energy News

Namibe Province Aims to Enhance Energy Sustainability and Competitiveness

Namibe province plans to invest in diverse energy sources to ensure greater sustainability in production and compete with imported goods, announced Abel Capitango, the vice-governor for the Political, Social, and Economic sector, on Friday in Luanda. Speaking to Jornal de Angola at the Luanda International Fair, Capitango acknowledged the challenges faced despite the presence of the Caraculo Solar Photovoltaic Plant, which has a capacity of nearly 25 megawatts. The primary challenge is to install an

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Oil Local News

Luanda Refinery to Boost Green Diesel and Bio-Jet Production

The Luanda Refinery plans to produce 10,000 barrels per day of green diesel and bio-jet fuel (SAF) within the next two years. This increase in production, using “Ecofining TM& UOP and UOP” technology, will result from refining 500,000 tons of raw materials annually. Implemented by Sonangol Refinação e Petroquímica (Sonaref), the project is projected to create 200 direct jobs and 400 indirect jobs. Initial projections estimate production at 5,000 barrels per day, refining 70,000 tons

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