Vital Industry News
Puma Energy Reaffirms Investment Push in Mozambique’s Energy Transition and CNG Expansion Rovuma LNG Expected to Transform Mozambique Economy With Multi-Billion-Dollar Annual Gains TotalEnergies Local Procurement Tops US$141 Million as Namibia Supplier Base Expands Namibian Businesses Urged to Raise Standards to Access Oil and Gas Opportunities Kudu Gas Commercialisation Faces Long Road Despite Namibia’s Energy Ambitions Nasan Energies Completes Acquisition of Divested Vivo Energy Service Stations in Namibia Afentra Expands Angola Portfolio with Award of KON4 Onshore Oil Block Impact Oil & Gas Splits Assets in Strategic Restructuring to Prioritize Namibian Oil Development Eskom Begins Major Solar Rollout at Lethabo Power Station Under R1.2 Billion Green Energy Plan Petra Diamonds Restructures Operations as Weak Diamond Prices Pressure South African Mines
International Corporate News Oil

Puma Energy Reaffirms Investment Push in Mozambique’s Energy Transition and CNG Expansion

Corporate News Gas International

Rovuma LNG Expected to Transform Mozambique Economy With Multi-Billion-Dollar Annual Gains

International Corporate News Oil

TotalEnergies Local Procurement Tops US$141 Million as Namibia Supplier Base Expands

More Angolan Mining News

International Corporate News Oil

Puma Energy Reaffirms Investment Push in Mozambique’s Energy Transition and CNG Expansion

Puma Energy to Expand Mozambique Operations With Focus on CNG, Carbon Projects and Rural Fuel…
Corporate News Gas International

Rovuma LNG Expected to Transform Mozambique Economy With Multi-Billion-Dollar Annual Gains

Rovuma LNG Project May Boost Mozambique GDP by $11 Billion a Year, Says Standard Bank…
International Corporate News Oil

TotalEnergies Local Procurement Tops US$141 Million as Namibia Supplier Base Expands

TotalEnergies Spends US$141 Million on Namibian Suppliers, Expands Local Content Drive TotalEnergies has spent more…
International Gas News Oil

Namibian Businesses Urged to Raise Standards to Access Oil and Gas Opportunities

Certification, Compliance and Infrastructure Key for Namibian Suppliers Seeking Oil and Gas Contracts Namibian businesses…
International Corporate News Gas

Kudu Gas Commercialisation Faces Long Road Despite Namibia’s Energy Ambitions

Wood Mackenzie Warns Kudu Gas Project Faces Infrastructure and Demand Challenges Before Commercialisation Offshore gas…
International Corporate News Mergers & Acquisitions Oil

Nasan Energies Completes Acquisition of Divested Vivo Energy Service Stations in Namibia

Nasan Energies Acquires Former Engen and Shell Service Stations as Vivo Energy Completes Regulatory Divestment…
International Gold News

Mozambique Gold Output Declines After Mining Suspension in Manica

Mozambique Gold Production Falls 17% in 2025 as Government Halts Mining in Manica Over Environmental Damage Mozambique’s gold production declined by 17% to 1.349 tonnes in 2025, falling short of official targets after mining operations in Manica Province were suspended due to environmental concerns, according to government data. Figures contained in the government’s budget execution report for 2025 show that gold production reached only 82% of the planned target, interrupting a pattern of steady annual

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International Gas News

Mozambique Positions Itself as Regional Gas Supplier, Eyes Exports to Kenya

President Daniel Chapo Says Mozambique Ready to Export Natural Gas to Kenya and Become Top Global LNG Producer The President of Mozambique, Daniel Chapo, said on Thursday that the country is emerging as a strategic alternative supplier of natural gas to global markets, particularly within Africa, and signaled openness to exporting gas to Kenya through Mozambique’s port infrastructure. “Gas can be exported from Mozambique to Kenya and benefit our brother country and the Kenyan people.

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International Gas News

Mozambique’s Natural Gas Exports Strengthen Lead as Top Revenue Source in 2025

Mozambique Gas Exports Hit $1 Billion in H1 2025, Overtake Coal as Largest Export Mozambique’s natural gas exports generated an average of US$5.5 million per day during the first half of 2025, sustaining their growth trajectory and reinforcing their status as the country’s leading export, according to official data. Figures released this month by the Bank of Mozambique show that natural gas export revenues increased from US$900.7 million in the first half of 2024 to

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International Corporate News Mergers & Acquisitions

Nasan Energies Secures Approval to Acquire 52 Fuel Stations in Namibia

Nasan Energies to Become Namibia’s Third-Largest Fuel Retailer After Approval to Acquire 52 Engen and Shell Service Stations Nasan Energies (Pty) Ltd has received regulatory approval to acquire 52 Engen- and Shell-branded fuel service stations from Vivo Energy Namibia, marking a significant development in Namibia’s downstream petroleum sector. The approval was granted by the Namibia Competition Commission following a stakeholder consultation process, clearing the way for the transfer of a substantial portion of Vivo Energy’s

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Gas Local News

Sonagas Blames Mishandling for Gas Cylinder Leaks Amid Consumer Safety Concerns in Angola

Sonagas Replaces 500 Gas Cylinder Valves Weekly as Consumer Group Warns of Expired and Leaking Cylinders in Angola Sonagas, a subsidiary of Sonangol, stated on Wednesday that leaks in cooking gas cylinders are primarily caused by improper handling during transportation, rather than manufacturing defects or filling processes. The company disclosed that it replaces more than 500 gas cylinder check valves each week as part of routine safety and quality control measures. According to Pedro de

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Diamonds Corporate News International

Sotheby’s to Auction Rare 28.88-Carat Jwaneng Diamond from Botswana

Sotheby’s to Offer 28.88-Carat Internally Flawless Diamond from Botswana’s Jwaneng Mine with $2.8 Million Estimate Sotheby’s is set to auction a rare 28.88-carat diamond sourced from De Beers’ flagship Jwaneng Mine in Botswana, with the gemstone expected to achieve up to $2.8 million at sale. The stone, named the Jwaneng 28.88, is a round brilliant diamond graded D color the highest classification for colorless diamonds and internally flawless, placing it among the rarest categories of

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Gas International News

Libya Launches Farigh–Brega Gas Pipeline Phase One to Strengthen Domestic Energy Supply

Libya’s NOC Activates First Phase of Farigh–Brega Gas Pipeline to Boost Power Supply and Support 2030 Production Targets Libya’s National Oil Corporation (NOC) has launched the first phase of the Farigh–Brega gas pipeline, marking a significant milestone in efforts to strengthen domestic gas supply and enhance energy security. The initial segment of the pipeline is now operational, with gas pumping and pressure balancing underway as system integration continues across the network. The development reflects Libya’s

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Corporate News Local Mergers & Acquisitions Oil

Sonangol Joins Etu Stake Acquisition to Accelerate Redevelopment of Angola’s Block 3/05 Assets

Sonangol, Afentra and Maurel & Prom Restructure Ownership of Angola’s Block 3/05 and 3/05A Ahead of 2026 Redevelopment Program Angola’s national oil company, Sonangol, has elected to participate in the acquisition of Etu Energias’ interests in Blocks 3/05 and 3/05A, located in the Lower Congo Basin. The transaction involves the purchase of Etu’s 10% stake in Block 3/05 and 13.33% stake in Block 3/05A. By joining independent oil and gas companies Afentra and Maurel &

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Corporate News International Oil

Sintana Energy Secures Extension for Offshore Namibia Exploration License

Sintana Energy and Pancontinental Gain 12-Month Extension for Namibia PEL 87 Offshore Exploration Sintana Energy Inc. announced that its joint venture partner, Pancontinental Energy Limited, has received approval from Namibia’s Ministry of Industry, Mines and Energy to extend the First Renewal Exploration Period for Petroleum Exploration License 87 (PEL 87). The extension grants the partners an additional 12 months, until January 22, 2027, to continue exploration activities on the offshore license. PEL 87 covers blocks

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Diamonds International News

Botswana Faces Economic Strain as Global Diamond Slump Triggers Credit Rating Downgrade

Botswana’s Credit Rating Cut to BBB- as Falling Diamond Demand Pressures Economy and Foreign Reserves Recognized as Africa’s largest diamond producer, Botswana is facing mounting economic challenges as the prolonged downturn in the global diamond market continues to weigh on its financial stability. Reflecting these pressures, S&P Global Ratings has downgraded Botswana’s long-term sovereign credit rating from BBB to BBB-. The ratings agency indicated that the country’s mineral-dependent economy is likely to remain under strain

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