Vital Industry News
Angola Targets Oil Production Growth Through New Upstream Strategy Uganda’s Tilenga and Kingfisher Oil Projects Near Completion Ahead of First Oil Sun King Plans US$50 Million Investment to Expand Solar Access in Madagascar Sintana Energy Advances Major Oil Discovery Offshore Namibia Roc Oil Confirms Commercial Oil Discovery Offshore Egypt MSC Launches Afungi Shuttle to Strengthen Logistics for Mozambique LNG Project Mozambique LNG Project Reaches 45% Completion as TotalEnergies Accelerates Construction Botswana Regains Duty-Free Access to U.S. Market as Temporary Tariffs Expire Anglo American Denies Favouring Buyer as De Beers Sale Talks Continue African Diamond Producers Struggle to Recover as Market Pressures Persist
Local Economy News Oil

Angola Targets Oil Production Growth Through New Upstream Strategy

International News Oil

Uganda’s Tilenga and Kingfisher Oil Projects Near Completion Ahead of First Oil

International News Renewable Energy

Sun King Plans US$50 Million Investment to Expand Solar Access in Madagascar

More Angolan Mining News

Local Economy News Oil

Angola Targets Oil Production Growth Through New Upstream Strategy

Angola Targets 1.2 Million Bpd Oil Output as New Projects and Exploration Advance Angola is…
International News Oil

Uganda’s Tilenga and Kingfisher Oil Projects Near Completion Ahead of First Oil

Uganda’s Tilenga, Kingfisher Projects Near 80% Completion as First Oil Approaches Uganda’s two major oil…
International News Renewable Energy

Sun King Plans US$50 Million Investment to Expand Solar Access in Madagascar

Sun King to Invest US$50 Million in Madagascar Off-Grid Solar Expansion Off-grid solar company Sun…
International Corporate News Oil

Sintana Energy Advances Major Oil Discovery Offshore Namibia

Sintana Energy’s Namibia Oil Discovery Strengthens Orange Basin Potential Sintana Energy is advancing its position…
Oil Corporate News International

Roc Oil Confirms Commercial Oil Discovery Offshore Egypt

Roc Oil Confirms Commercial Discovery at East Yidma-1 Offshore Egypt Roc Oil has confirmed a…
International Gas Oil Transport and Logistics

MSC Launches Afungi Shuttle to Strengthen Logistics for Mozambique LNG Project

MSC Launches Afungi Shuttle Linking Nacala and Maputo to Mozambique LNG Project Mediterranean Shipping Company…
Local News Oil

Angola Records Strong Increase in Oil Revenue in Second Quarter

Angola’s Oil Revenue Jumps 54.71% in Second Quarter as Higher Prices Boost Earnings Angola recorded a significant increase in revenue from crude oil sales during the second quarter of 2026, supported by stronger international oil prices and improved export earnings. The increase comes as the oil sector continues to play a central role in Angola’s economy and public finances, despite ongoing efforts by the government to diversify economic activity and reduce dependence on hydrocarbons. The

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Diamonds Corporate News International News

Botswana’s Diamond Legacy Shines With Discovery of 1,300-Carat Gem

Botswana Highlights Diamond Leadership After Lucara Recovers 1,300-Carat Stone Botswana has reaffirmed its position as one of the world’s leading diamond-producing nations following the recovery of an extraordinary 1,300-carat diamond by Lucara Botswana. President of Botswana highlighted the discovery as a major milestone for the country’s diamond industry after the stone was presented by Lucara Botswana. The diamond is among the largest ever recovered by the company and ranks as the sixth-largest diamond ever discovered

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Corporate News Local Oil

Galp Signals Potential Return to Angola as Oil Opportunities Re-emerge

Galp Considers Return to Angola’s Oil Sector as Company Assesses New Exploration Opportunities Portuguese energy company Galp has signalled that it could return to Angola’s oil sector, potentially marking a renewed interest in one of Africa’s most established hydrocarbon markets. Galp Chief Executive Officer João Diogo Marques da Silva said the possibility of returning to Angola exists, while confirming that the company is assessing opportunities in the country. The company’s previous experience in the Angolan

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Exploration Local Mining Projects

Namibe Moves to Unlock Copper Potential with New Exploration Campaign

Angola’s Namibe Province to Begin Copper Exploration as Mining Diversification Accelerates Angola’s Namibe Province is preparing to launch copper prospecting activities in Kapangombe, in the municipality of Bibala, as the country intensifies efforts to diversify its mining industry and unlock new mineral resources. The prospecting campaign is expected to begin in the coming days and forms part of broader efforts to expand mineral exploration in Namibe, a province with growing importance to Angola’s mining and

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Local News Transport and Logistics

Lobito Port Handles 931,000 Tonnes of Cargo as Regional Trade Gains Momentum

Lobito Port Moves 931,000 Tonnes of Cargo in First Half of 2026, Strengthening Angola’s Regional Trade Role The Port of Lobito handled 931,000 tonnes of cargo during the first half of 2026, highlighting its growing importance as a strategic logistics gateway for Angola and the wider region. During the period, the port received 177 vessels, with the volume of cargo handled reflecting continued activity across Angola’s maritime and logistics sectors. The performance comes as the

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Local Mining News

ANGOP Strengthens Its Role in Promoting Angola’s Growing Mining Sector

ANGOP Emerges as Key Voice in Angola’s Mining Sector Development The contribution of the Angola Press Agency (ANGOP) to the promotion and dissemination of information about Angola’s mining sector has been recognised as an important tool for strengthening the industry’s visibility and supporting investment. The recognition comes as Angola continues efforts to diversify its economy and position mining as a key driver of economic growth. The sector has significant potential in diamonds, gold, iron ore,

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Transport and Logistics Local News

Lobito Corridor Inspires Plans for Lagos-Dakar Transport Link

Lobito Corridor Sparks Plans for New Lagos-Dakar Trade and Transport Link The success and growing strategic importance of Angola’s Lobito Corridor is inspiring plans for a new transport and trade link connecting Lagos in Nigeria to Dakar in Senegal. The proposed Lagos-Dakar connection would strengthen economic integration across West Africa by improving the movement of goods, people and services between major commercial centres along the Atlantic coast. The initiative reflects growing interest in developing interconnected

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Corporate News Diamonds International

Anglo American Nears $1bn Sale of De Beers as Diamond Crisis Deepens

Anglo American in Talks to Sell De Beers for About $1bn as Diamond Market Struggles Anglo American is in discussions to sell its De Beers diamond business for about $1 billion, a fraction of the value attached to the company when it was once the world’s dominant diamond producer. Anglo American has been seeking to divest De Beers since rejecting BHP Group’s nearly $50 billion takeover approach in 2024. However, the sale process has been

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International Gas News

Tanzania’s Taifa Gas Nears Completion of $124m Kenya LPG Terminal

Rostam Aziz’s $124m LPG Terminal Set to Disrupt Kenya’s Cooking Gas Market Taifa Gas, controlled by Tanzanian billionaire Rostam Aziz, is nearing completion of a $124-million liquefied petroleum gas (LPG) terminal in Mombasa, Kenya, in a move that could significantly increase competition in the country’s cooking gas market. The 30,000-tonne facility is being developed at the Dongo Kundu Special Economic Zone near the Port of Mombasa. It includes 12 spherical storage tanks and can potentially

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International News Oil

Nigeria Awards 37 Oil and Gas Blocks as Frontier Basins Attract Investor Interest

Nigeria Awards 37 Oil Blocks to 31 Firms as Frontier Basins Attract Investors Nigeria has awarded 37 oil and gas blocks to 31 companies as the country seeks to attract investment, increase exploration and strengthen its petroleum reserves. The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) said 143 companies submitted 200 bids for the 37 blocks during the 2025 licensing round. The awarded assets include 16 blocks in the Niger Delta onshore, 18 in shallow waters

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