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,…
Diamonds Corporate News International

Alrosa Remains Profitable Despite Sanctions and Diamond Market Downturn

Alrosa Confirms Profitability in 2025 Despite Sanctions, Diamond Market Slump Russian diamond miner Alrosa has confirmed that it remained profitable in 2025, despite ongoing international sanctions and a prolonged downturn in the global diamond market. “2025 was a challenging year for the company,” said Aisen Nikolaev, head of Russia’s Sakha (Yakutia) Republic, during a meeting on Tuesday with Alrosa CEO Pavel Marinychev. “Nevertheless, Alrosa fully achieved its key production targets and continued to implement a

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Transport and Logistics Local News

Angola, IFC Deepen Cooperation on Lobito Corridor and Economic Diversification

Angola and World Bank’s IFC Align Strategies on Lobito Corridor and Private Sector Growth Projects under the Lobito Corridor master plan and Angola’s broader economic diversification agenda dominated a high-level interministerial round table held on Thursday in Luanda between members of the Angolan government and the International Finance Corporation (IFC), part of the World Bank Group. The closed-door meeting took place during the official visit of IFC Managing Director Makhtar Diop to Angola. Discussions also

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Local News

Angola Consults Stakeholders on Biofuels Bill to Attract Investment and Cut Emissions

Angola Advances Biofuels Bill to Promote Clean Energy Investment and Decarbonisation Angola’s Ministry of Mineral Resources, Petroleum and Gas on Monday gathered stakeholder contributions toward the drafting of a Biofuels Bill aimed at establishing an attractive legal and regulatory framework for both domestic and foreign investment. Speaking at the formal public consultation ceremony, Secretary of State for Oil and Gas José Barroso said the proposed legislation aligns Angola’s energy strategy with the country’s international climate

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International Gold Mining Projects

ZCCM-IH Signs MoU to Develop Gold Mining Project in North-Western Zambia

ZCCM-IH Partners Ministry of Mines and MMR on Gold Exploration and Mining Project in Zambia ZCCM Investments Holdings Plc (ZCCM-IH) has signed a Memorandum of Understanding (MoU) with the Ministry of Mines and Mineral Development (MoMMD) and Mining Mineral Resources SAS (MMR) to collaborate on the development of a gold exploration and mining project in the Kikonge area of Mufumbwe District, North-Western Province. In a transaction announcement approved by the Lusaka Securities Exchange (LuSE) and

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International Gas News Oil Petroleum

Egypt Signs $6.5 Million Exploration Deal with UK’s Terra Petroleum

Egyptian General Petroleum Corporation Enters $6.5 Million Oil and Gas Deal with Terra Petroleum The Egyptian General Petroleum Corporation (EGPC) has signed a $6.5 million oil and gas exploration agreement with UK-based Terra Petroleum, marking the company’s first entry into the Egyptian energy market. Under the terms of the agreement, Terra Petroleum will drill three exploration wells in the Northwestern El Moghra concession in Egypt’s Western Desert. The company will also conduct comprehensive 2D and

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Infrastructure Energy International News Oil

Uganda Seeks Up to $2 Billion Vitol Financing for Oil and Energy Infrastructure

Uganda’s National Oil Company Targets $2 Billion Vitol Loan to Fund Refinery and Energy Infrastructure Uganda’s national oil company, the Uganda National Oil Company (UNOC), is seeking to secure up to $2 billion in financing from Vitol Bahrain EC, a subsidiary of global commodities trader Vitol, to support major energy and infrastructure projects, according to a senior official at the Ministry of Finance. Earlier this year, the Ugandan government signed an agreement with UAE-based Alpha

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International Corporate News

Heirs Energy Secures $750 Million Financing Deal With Afreximbank

Heirs Energy Closes $750 Million Afreximbank Financing to Drive Expansion and Production Growth Heirs Energies Ltd has secured a $750 million financing facility from the African Export-Import Bank (Afreximbank), strengthening the company’s financial position and supporting its long-term expansion strategy in the energy sector. The agreement was signed in Abuja by Tony Elumelu, Chairman of Heirs Holdings, and George Elombi, President and Chairman of the Board of Afreximbank. Beyond operational efficiency, the financing is intended

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International Corporate News Oil

ReconAfrica Targets Early 2026 Production Testing in Namibia’s Kavango Basin

ReconAfrica Plans Production Testing on Kavango Basin Onshore Licence in Q1 2026 Reconnaissance Energy Africa (ReconAfrica) plans to begin production testing in the first quarter of 2026 on Petroleum Exploration Licence (PEL) 73, an onshore asset located in Namibia’s Kavango Basin. The company said it has entered an evaluation phase that has been in preparation for several weeks, following the identification of hydrocarbon indicators at the Kavango West-1X well on the licence. ReconAfrica has not

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International Renewable Energy

Mauritius CEB Launches International Tender for 2 MWp Hybrid Rooftop Solar Project

Mauritius Opens International Tender for 2 MWp Grid-Tied Hybrid Rooftop Solar Systems The Central Electricity Board (CEB) of Mauritius has launched an international tender for the supply of grid-tied, roof-mounted hybrid solar photovoltaic (PV) systems with a combined capacity of 2 megawatt-peak (MWp). Issued under Section 16 of the Public Procurement Act 2006, as amended, the tender invites eligible and qualified bidders to participate through the Government of Mauritius’ electronic procurement platform. The procurement, referenced

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International Exploration Mining News Oil

Somaliland Targets 2027 Start for Oil and Mineral Exploration

Somaliland Plans to Launch Oil and Mineral Exploration by 2027, President Irro Says Somaliland President Abdirahman Mohamed Abdullahi, widely known as Irro, has announced that the region expects to formally begin oil and mineral exploration by 2027. Speaking at the opening of the Somaliland Mining and Natural Resources Exhibition, President Irro said the region possesses significant untapped natural resources. He emphasized that the government is committed to developing these resources within a clear regulatory framework

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