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…
Corporate News Diamonds International

De Beers Reduces Diamond Buyer List Amid Prolonged Industry Downturn

De Beers Cuts Sightholders to 50 as Diamond Industry Faces Weak Demand, Lab-Grown Competition and Market Volatility Global diamond producer De Beers Group has made one of the deepest reductions to its network of handpicked diamond buyers as the company navigates a prolonged downturn affecting the global diamond industry, according to people familiar with the matter. The company notified its customers known as sightholders  on Friday whether they would retain their status through formal letters

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International News Oil

Algeria Advances Trans-Sahara Gas Pipeline with Technical Mission to Niger

Algeria Moves Forward on $13 Billion Trans-Sahara Gas Pipeline Linking Nigeria to Europe via Niger Algeria has dispatched a technical delegation from its state-owned energy company, Sonatrach, to Niger to advance preparations for the long-delayed Trans-Sahara Gas Pipeline, a major regional energy project intended to transport natural gas from West Africa to European markets. Africa’s third-largest oil producer is accelerating efforts to implement the project, which is designed to strengthen export capacity and diversify energy

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International Corporate News Oil

Shell Confirms Sale of South African Downstream Assets After 120 Years in Fuel Retail

Shell Moves Forward with Sale of South African Downstream Assets, Ending Century-Long Petrol Station Operations Energy giant Shell has confirmed it is still pursuing the sale of its downstream assets in South Africa, potentially ending more than a century of the company’s petrol station operations in the country. The divestment, first announced in May 2024, follows a global review of Shell’s portfolio and its strategy to reduce downstream exposure while focusing on upstream oil and

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International Energy News

Africa’s Power Sector Draws $13.8B in Investments, but Execution Gap Remains a Challenge

Africa’s Energy Deals Reach $13.8B in 2025, Highlighting Need for Bankable Clean Energy Projects Africa’s power sector is attracting increasing global investment, with energy deals estimated at $13.84 billion in 2025, driven largely by clean energy initiatives. However, a significant gap persists between announced projects and those successfully delivered, raising concerns about execution and bankability across the continent. According to Energy Capital & Power, around 74,000 megawatts (MW) of power capacity has been announced in

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Corporate News Diamonds International

Gem Diamonds Swings to Loss Amid Weak Diamond Market and Letšeng Impairment

Gem Diamonds Reports $104M Loss as Letšeng Diamond Mine Impairment and Weak Diamond Prices Hit Earnings London-listed Gem Diamonds reported a sharp decline in financial performance for the year ended December 31, 2025, as continued weakness in the global diamond market weighed on earnings. The company posted a loss of $9.1 million before exceptional items, compared with a profit of $8.1 million in 2024. After accounting for exceptional items, the attributable loss widened significantly to

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Corporate News Diamonds International

Lucara Unearths High-Quality Blue Diamond at Karowe Mine

Lucara Recovers Rare 36.92-Carat Blue Diamond from Karowe Mine in Botswana Lucara Diamond Corp has announced the recovery of a rare 36.92-carat blue diamond from its wholly owned Karowe Mine in Botswana. The stone has been classified as a high-quality Type IIb blue diamond among the rarest categories of diamonds globally. It was recovered using X-ray transmission (XRT) technology from ore sourced from the mine’s surface stockpiles. In addition to the blue diamond, Lucara Diamond

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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 increasingly emerging as a strategic supplier of liquefied natural gas (LNG) to Europe, as shifting global energy dynamics driven by instability in the Middle East and ongoing uncertainty surrounding Russian gas supplies reshape international markets. Energy ministers from Senegal, Equatorial Guinea, Nigeria, and the Republic of the Congo are expected to meet European stakeholders in Paris next month during the

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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 sharp decline in petrol imports in February as the Dangote Refinery significantly boosted domestic fuel supply, meeting approximately 92% of the country’s demand. According to an official factsheet on Nigeria’s midstream and downstream petroleum operations, total petrol supply dropped from 64.9 million litres per day in January to 39.6 million litres per day in February. The decline reflects reduced reliance

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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 sector is undergoing a landmark shift as Engineers and Planners Company Limited (E&P) prepares to assume operational control of the Damang Mine in the Western Region. The transition follows the exit of South African miner Gold Fields Limited, which has operated the mine for nearly three decades. The handover comes after the expiry of Gold Fields’ mining lease, with the

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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 has appointed Emmanuelle Garinet as Director of Exploration for the Americas and Sub-Saharan Africa, placing one of the industry’s most experienced geophysicists in charge of discovery efforts across two major hydrocarbon regions. The African Energy Chamber (AEC) welcomed the appointment, noting that Garinet’s decades of African exploration experience could attract new investment, accelerate geological understanding, and strengthen collaboration between operators

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