Angolan Mining Oil & Gas - Page 2 of 389 - Top Angolan News for Oil, Gas and Mining Industries

Egypt and Scatec Discuss Expanding Renewable Energy and Green Investment

28, February, 202628, February, 2026

Egypt Boosts Renewable Energy Ambitions as Minister Farid Meets Scatec CEO to Expand Solar and Battery Projects Egypt is strengthening its push toward renewable energy and green investment following a high-level meeting between Minister of Investment and Foreign Trade Mohamed Farid and Terje Pilskog, CEO of Scatec. According to a ministry statement, discussions focused on expanding cooperation in renewable energy development and scaling up sustainable investment projects across the country. Scatec is an established player

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Local Mining Technology & Innovation

Angola Launches Digital Mining Registry to Modernise Licensing and Boost Transparency

28, February, 202628, February, 2026

Angola Implements Digital Mining Registry (CMA) to Streamline Licensing and Attract Investment Angola has taken a major step toward modernising its mining sector with the appointment of a Multidisciplinary Technical Commission to oversee the digitisation of the licensing process for mining activities. The initiative follows the implementation of the Angola Digital Mining Registry System (CMA) and forms part of the country’s broader public administration digital transformation agenda. The reform is aligned with Objective 37.1 of

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Local Energy News

DRC and Angola Partner with Somagec on $1.2B Energy Transmission Projects

28, February, 202628, February, 2026

DRC and Angola Launch Major Cross-Border Energy Transmission Lines to Boost Industrial Growth and ElectrificationThe Ministry of Water Resources and Electricity of the Democratic Republic of Congo (DRC), represented by Minister Aime Sakombi Molendo, has signed an agreement with Moroccan firm Somagec to develop two ambitious energy transmission lines connecting Angola and the DRC. According to a statement, the 400 kV transmission line projects include: High-Voltage Infrastructure for Regional Integration The Soyo-Inga-Cabinda line is a

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International News Oil

Egypt Commits $4 Billion to Modernize Oil Refineries and Boost Energy Security

28, February, 202628, February, 2026

Egypt Launches $4B Refinery Upgrade Plan to Reduce Fuel Imports and Strengthen Regional Energy RoleEgypt is investing $4 billion to modernize and expand its oil-refining sector in a strategic move to enhance energy security, increase local value creation, and reduce costly fuel imports. Karim Badawi, Minister of Petroleum and Mineral Resources, outlined the plan, which includes six refinery upgrade projects aimed at increasing national refining capacity and improving operational efficiency. “The government has developed a

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Corporate News Diamonds International

De Beers Reports $511 Million Loss in 2025 Amid Weak Global Diamond Demand

28, February, 202628, February, 2026

De Beers Posts $511M Loss as Chinese Demand Slows and U.S. Tariffs Hit Global Diamond Trade De Beers, Africa’s largest diamond producer, reported a substantial $511 million loss for 2025, compared with a $25 million loss in 2024. The sharp decline reflects weaker demand in China, U.S. tariff pressures, and softer global diamond prices affecting key operations in Botswana, Namibia, and South Africa. Production and Operations Rough diamond production fell 12% to 21.7 million carats,

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International Corporate News Diamonds

Petra Diamonds Reports Stable EBITDA Despite Weaker Revenue in H1 2026

28, February, 202628, February, 2026

Petra Diamonds Posts $26M Adjusted EBITDA Amid Lower Revenue; Cullinan Blue Diamond Highlights Ore Quality London-listed Petra Diamonds has reported revenue of $100 million for the six months ended December 31, 2025, down from $115 million in the same period a year earlier. The company attributes the decline to the timing of tenders between December 2025 and January 2026. Strong Diamond Inventory and Product Mix As of December 31, 2025, Petra held 608,217 carats of

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Corporate News Local Oil

Sonangol Seeks $4.8 Billion from China to Fund Lobito Refinery Expansion

26, February, 202626, February, 2026

Angola’s Sonangol Targets $4.8B Chinese Financing for Lobito Refinery Without Oil-Backed Collateral Sonangol, Angola’s state oil company, is pursuing a $4.8 billion loan from Chinese financial institutions to accelerate construction of its new refinery at the Atlantic port of Lobito. This could be Sonangol’s first major borrowing from China in seven years. Sebastiao Gaspar Martins told reporters on Wednesday that the financing effort is intended to fund the next phase of the $6.2 billion refinery

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Local Corporate News Mining Projects

Sonangol Eyes Critical Minerals as Profits Dip Amid Oil Sector Challenges

26, February, 202626, February, 2026

Angola’s Sonangol Plans Diversification into Critical Minerals Following 2025 Profit Decline Sonangol, Angola’s state-owned oil giant, announced on Wednesday plans to diversify into critical minerals, even as it reported a slight decline in net profit for 2025. Executives revealed that Sonangol posted net earnings of over $750 million in 2025, down from roughly 736 billion kwanzas in 2024 equivalent to about $807 million at current exchange rates. The conglomerate, which holds stakes in multiple offshore

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Gold International Mining

Ghana to Channel Artisanal Gold into Formal Trade to Boost Revenue

26, February, 202626, February, 2026

Ghana Launches ASM Gold Formalisation Program Targeting $20 Billion in Annual Foreign-Exchange Inflows Ghana plans to direct approximately 127 metric tons of artisanal and small‑scale mining (ASM) gold annually into official trade channels under revised sector reforms, aiming to increase foreign-exchange earnings and curb smuggling, Cassiel Ato Forson announced on Wednesday. Across Africa, ASM gold leakage costs countries billions each year as undeclared production is smuggled through porous borders to global trading hubs such as

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Diamonds Corporate News International

Botswana Diamonds Rebrands as Botswana Minerals, Expands into Copper

26, February, 202626, February, 2026

Botswana Diamonds to Rebrand as Botswana Minerals (BMIN) and Diversify into Copper Exploration Botswana Diamonds plc (LON: BOD) will rebrand as Botswana Minerals and begin trading under the new ticker BMIN from 27 February, as the company broadens its portfolio to include copper exploration amid a prolonged downturn in the diamond sector. The rebranding follows a strategic review supported by an advanced artificial intelligence model applied to the company’s 95,000 square kilometre geological database, which

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