Angolan Mining Oil & Gas - Page 18 of 389 - Top Angolan News for Oil, Gas and Mining Industries

Corporate News Local Oil

Lobito Refinery Construction Confirmed as Strategic Priority for Sonangol

15, December, 202515, December, 2025

Lobito Refinery Set to Begin Production in 2027 as Sonangol Prioritizes Strategic Energy Infrastructure The construction of the Lobito refinery is a top priority for Sonangol, according to the Minister of Mineral Resources, Petroleum and Gas, Diamantino Azevedo. The minister made the statement during a meeting with the Governor of Benguela, Manuel Nunes Júnior, where progress on the project was reviewed. Speaking at the meeting, Diamantino Azevedo reiterated the strategic importance of the refinery, emphasizing

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Diamonds Local News

Angola Achieves 93 Percent Diamond Traceability to Strengthen Transparency and Governance

15, December, 202515, December, 2025

Angola Tracks 93 Percent of Diamond Production, Aiming for Full Traceability and Global Leadership Angola has successfully traced 93 percent of its diamond production, advancing its goal of promoting transparency, governance, and adherence to international best practices, the Angolan National Diamond Company, Endiama, announced on Tuesday. A statement from Endiama emphasized that diamond mining companies in Angola “have reached a significant milestone by ensuring that 93 percent of total production is now traceable.” This achievement

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Local Energy

Angola to Open Electricity Market to Private Companies Starting Next Year

15, December, 202515, December, 2025

Angola Ends Monopoly of State Electricity Company, Allowing Private Firms to Sell Power from 2026 Angola will allow private companies to begin selling electricity in the country starting next year, ending the monopoly held by the National Electricity Distribution Company (ENDE), announced the Minister of Energy and Water, João Baptista Borges. The move is aimed at addressing high operational costs and supporting the rapid expansion of electricity networks in rural areas, the minister explained during

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Corporate News Local Oil

Sonangol Faces Structural Decline and Urgent Need for Privatization and Management Reform

15, December, 202515, December, 2025

CEDESA Warns of Sonangol’s Structural Decline, Urges 45% Privatization and Governance Overhaul A recent analysis by the Center for Studies of Economic and Social Development of Angola (CEDESA) warns that Sonangol, Angola’s state-owned oil company, is in structural decline and requires comprehensive reforms, including the privatization of 45 percent of its capital and the removal of political party members from management positions. The report, authored by Rui Verde, states that Sonangol’s challenges cannot be explained

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Corporate News International Oil

Azule Energy Appoints Joe Murphy as CEO Amid Namibia Expansion

15, December, 202515, December, 2025

Azule Energy Names Joe Murphy CEO as Company Advances Oil Exploration in Namibia Azule Energy has appointed Joe Murphy as its new Chief Executive Officer, effective 1 December 2025. The company highlighted that Murphy brings over 20 years of global energy experience, having held senior leadership roles across BP’s major ventures and contributing to the creation of Azule Energy. Announcing the appointment, Azule noted that Murphy’s experience spans operations in the Gulf of Mexico, the

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International Corporate News Oil

Namibian Suppliers Advised to Specialise as TotalEnergies Prepares Venus Oilfield Development

15, December, 202515, December, 2025

TotalEnergies Urges Namibian Suppliers to Focus on Specialised Skills for Oil and Gas Opportunities TotalEnergies EP Namibia has urged local companies seeking oil and gas opportunities to concentrate on specialised skills rather than offering broad, unfocused services. Speaking at a supplier engagement session, Veronica Mungonena, Lead Contracts and Procurement Engineer for Local Content at TotalEnergies, emphasised that companies often approach the operator asking for guidance on what they should do, instead of refining and promoting

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Oil Corporate News International

Dangote Group Eyes N$2.6 Billion Petroleum Tank Farm Investment in Namibia

15, December, 202515, December, 2025

Dangote Group to Invest US$140 Million in Walvis Bay Tank Farm, Boosting Namibia’s Energy Sector The Dangote Group is planning a major investment in Namibia, estimated at approximately N$2.6 billion (US$140 million), for the development of a petroleum tank farm at the Port of Walvis Bay. Negotiations with the Namibian government are ongoing to finalize the project’s scope. Ambassador Dr. Kaire Mbuende, Director General of Namibia’s National Planning Commission (NPC), told Namibia Mining & Energy

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International Oil

Namibia Offshore Oil Development Needs Multiple FIDs for Long-Term Industry Growth

15, December, 202515, December, 2025

Namibia’s Offshore Oil Future Hinges on Multiple Final Investment Decisions, Says Subsea 7 Subsea 7 Country Manager Glenn Fraser emphasizes that Namibia’s potential to establish a sustainable offshore services industry depends on securing multiple final investment decisions (FIDs) rather than relying on a single deep-water discovery. Fraser highlighted that long-term project continuity is essential for developing local capacity in engineering, fabrication, logistics, marine operations, and subsea systems. “Achieving first oil requires US$20 to US$25 per

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Renewable Energy International News

Zimbabwe Advances Plans for Floating Solar Project on Lake Kariba

15, December, 202515, December, 2025

Zimbabwe to Build 600MW Floating Solar Power Plant on Lake Kariba to Tackle Energy Shortages Zimbabwe plans to begin construction of a floating solar power plant on Lake Kariba, the world’s largest man-made reservoir, as part of a renewed effort to address persistent electricity shortages and diversify its energy mix. Information Minister Jenfan Muswere said construction of the first phase of the 600-megawatt project is expected to start in the second quarter of 2026, according

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Corporate News International News Oil

Dangote Refutes Claims of U.S. Opposition to Nigeria’s Largest Oil Refinery

15, December, 202515, December, 2025

Dangote Dismisses Claims Trump Opposes Dangote Refinery, Confirms Strong U.S. Crude Supply Ties Aliko Dangote, President of the Dangote Refinery, has dismissed reports circulating on social media suggesting that United States President Donald Trump is displeased with the establishment of Africa’s largest oil refinery in Nigeria. Speaking with journalists, Dangote described the claims as baseless and inconsistent with existing commercial relationships, emphasizing that the United States remains a major supplier of crude oil to the

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