Vital Industry News
Lucara Unearths High-Quality Blue Diamond at Karowe Mine 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
Corporate News Diamonds International

Lucara Unearths High-Quality Blue Diamond at Karowe Mine

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

More Angolan Mining News

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…
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…
International Gas News Oil

Trident Energy Secures Key Acquisitions in Republic of Congo Oil and Gas Fields

Trident Energy, an international player in the oil and gas industry, has finalized agreements with major companies Chevron and TotalEnergies to acquire interests in operational fields located within the Republic of Congo. Under the terms of the agreements, Trident Energy will acquire a 31.5% non-operating stake in the Moho-Bilondo, Nkossa, and Nsoko II fields from Chevron. Additionally, it will obtain a 15.75% operated interest in the Lianzi field, also from Chevron. In separate deals with

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International News Oil Oil Drilling

Canadas ReconAfrica to Drill Well in Namibia

Canadian oil and gas company Reconnaissance Energy Africa Ltd. (“ReconAfrica”) announced its intention to commence drilling the Naingopo exploration well in Namibia’s Damara Fold Belt in June 2024. Civil work to build access roads and the well pad, as well as the drilling of the water well, has already begun. When these projects are complete., the Jarvie-1 drilling rig will be mobilized to the area onshore in Namibia. In June 2024, ReconAfrica expects to begin drilling operations

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International News Oil

Petrofac Lands $350M Zafiro Field Contract

Petrofac, a London-based engineering firm, clinches a technical services contract from Equatorial Guinea’s state hydrocarbon company, Compañía Nacional de Petróleos de Guinea Ecuatorial (GEPetrol), to support the operations of Block B. Under the contract, valued at around $350 million over five years, Petrofac will deliver technical services across onshore support bases, a floating production and storage offloading (FPSO) facility, and a platform on behalf of GEPetrol, the operator. The contract draws on the core services

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International News Oil

Dangote Refinery Delays Gasoline Supply to Fourth Quarter

The Dangote Refinery’s anticipated gasoline supply, originally slated for next month, is now expected to commence in the fourth quarter of this year, as projected by African energy expert Kelly Norways of Standard and Poor’s’ Global Commodities Insights. During the S&P podcast titled “Exploring West Africa’s oil product flows in a changing refining landscape,” Norways highlighted the refinery’s potential to significantly reduce energy imports across the West African sub-region. Estimates suggest a daily petrol output

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International News Oil

Shell Strikes Oil in Enigma-1X Well, Expanding Namibia’s Hydrocarbon Potential

Shell has announced a significant oil discovery in the Enigma-1X well, marking the sixth successful well in Namibia’s PEL.39 license in the Orange Basin. The exploration efforts, conducted using the semi-submersible rig Deepsea Bollsta since February 27, 2024, have yielded promising results. Enigma-1X is situated 15 kilometers south-southeast of Shell’s Jonker-2A appraisal well. This discovery is part of Shell’s second multi-well exploration and appraisal campaign initiated in December 2022. It follows the successful Graff-1 discovery,

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International News Renewable Energy

Ivory Coast Boosts Renewable Energy with New Solar Projects

The Ivory Coast is set to begin construction of the $63.5 million Ferke Solar power plant in Sokoro, which will have an installed capacity of 52 MW. Announced by government spokesperson Amadou Coulibaly in April, the project will commence in the second quarter of 2024 and is expected to be operational by the third quarter of 2025. Named Ferke Solar, the project stems from an agreement signed in January 2024 with renewable energy company PFO Africa

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International News Oil

OPEC Expresses Enthusiasm for Namibia’s Oil Potential at Energy Conference

OPEC Secretary General Haitham Al Ghais expressed excitement about a potential partnership with Namibia during the Namibia International Energy Conference (NIEC) in Windhoek this week. Namibia is gearing up for its first oil production from offshore discoveries by 2030, with development programs underway. With offshore production, Namibia is poised to become Africa’s fourth-largest oil producer. Al Ghais stated, “OPEC stands ready to support Namibia in this exciting new chapter of development. We are eager to

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International Energy Gas

Tanzania Positions Itself as a Key Player in East African Energy

Tanzania’s abundant gas reserves, estimated at around 57 trillion cubic feet (tcf), will take center stage at the Invest in African Energy (IAE) 2024 conference, highlighting the country’s quest for partnerships in exploration, development, and processing ventures. With significant offshore gas discoveries, Tanzania is poised to become a major LNG exporter, spearheading projects like the Tanzania LNG initiative. This flagship endeavor, led by Equinor, Shell, and ExxonMobil, aims to produce 10 million metric tons of

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International Oil Petroleum

TotalEnergies Partners with Zambo Energy to Enhance Fuel Supply to South Africa

TotalEnergies, a leading energy supermajor, has announced a strategic partnership with chemical manufacturing company Zambo Energy to supply fuel products to South Africa. The partnership was unveiled during an energy summit in Cape Town on April 23, reaffirming TotalEnergies’ commitment to enhancing integration with its marketing affiliates across South Africa. “Security of supply and competitiveness are paramount,” emphasized Thomas Waymel, Senior Vice-President of Trading and Shipping at TotalEnergies. “We are dedicated to expanding our energy

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International Exploration News Oil

ReconAfrica to Drill Naingopo Exploration Well in June

Canadian oil and gas company ReconAfrica will start drilling its first exploration well, Naingopo, in the Damara Fold Belt region of northeast Namibia in June 2024. Utilizing the Jarvie-1 rig, the project will target an estimated 163 million barrels of unrisked prospective oil resources or 843 billion cubic feet of unrisked prospective natural gas resources. The drilling will span approximately 90 days, reaching depths of around 12,500 feet or 3,800 meters, the company’s exploration update indicates. Brian Reinsborough, President

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