Vital Industry News
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 TotalEnergies Restarts Production at Libya’s Mabruk Oil Field After 11-Year Shutdown
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

Corporate News Gold International

Ghana’s Damang Gold Mine Transitions to Local Ownership Under Engineers and Planners

More Angolan Mining News

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…
Local Economy Gas News

Angola Begins Gas Exports from Quiluma Field with 150 Million Cubic Feet per Day

Angola Launches Gas Exports from Quiluma Field, Boosting Energy Diversification The National Agency of Petroleum,…
Renewable Energy International News

Nigeria Gets $750M World Bank Loan for Solar Mini-Grids

The World Bank has granted Nigeria’s Federal Government a $750 million loan to offer subsidies to developers and operators of solar mini-grids in areas across the country that lack electricity access. The loan, approved under the Distributed Access through Renewable Energy Scale-up (DARES) project, aims to increase the supply of electricity to households and micro, small, and medium-sized enterprises (MSMEs) through private sector-led distributed renewable energy initiatives. The financing agreement for the loan was signed

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Diamonds International News

Antwerp World Diamond Centre CEO Abruptly Resigns Amid Russian Diamond Sanctions Dispute

The Antwerp World Diamond Centre (AWDC) announced the unexpected resignation of CEO Ari Epstein on Thursday, as reported by the AWDC’s board of directors. While Epstein, who served as CEO for 13 years, declined to comment on the reason for his departure, Belgian financial newspaper De Tijd cited conflicts between the diamond sector and the Belgian government over Russian diamond sanctions as a possible cause. The AWDC, Belgium’s primary diamond industry group, has not yet

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International News Oil

Namibia Poised to Become Africa’s Newest Oil Producer

Namibia’s Minister of Mines and Energy revealed that TotalEnergies and Shell are likely to have discovered offshore oil and gas reserves in commercial quantities, potentially totaling billions of barrels. Both companies previously announced “significant” discoveries offshore Namibia earlier this year and are currently assessing the findings. While specific quantities were not disclosed, a Reuters source suggested that Total’s discovery exceeds 1 billion barrels of oil equivalent. These discoveries could position Namibia as the latest oil

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International Exploration News Oil

CNOOC Lands 5 Oil Exploration Deals in Mozambique

The government of Mozambique has awarded the China National Offshore Oil Corporation (CNOOC) five oil and gas research and development concession contracts. The contracts were awarded as part of the country’s sixth licencing round, initiated by the Mineral Resources and Energy Ministry. Filimão Suaze, the government spokesman, emphasised that this decision aligns with Mozambique’s mineral resources policy and aims to attract more investments into the oil sector. The Council of Ministers approved the concession contracts

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International Gas News Oil

Ecuador Interested in Egypt Oil & Gas Exploration

Equador’s interests in the Egyptian oil and gas sector resulted in the crafting of a memorandum of understanding between Egypt’s Ministry of Petroleum and Mineral Resources and Ecuador’s Ministry of Energy and Mines.  A fruitful meeting between Tarek El Molla, Minister of Petroleum and Mineral Resources, and Denys Toscano Amores, Ecuadorian Ambassador to Cairo, saw a positive exchange between the two countries. Oil companies from Equador are especially keen on investing in Egypt’s oil and

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International Energy Gas

Tanzania Emerges as Key Player in East African Energy Sector

With an estimated 57 trillion cubic feet (tcf) of recoverable gas resources, Tanzania is set to take center stage in the East African energy sector at Invest in African Energy (IAE) 2024, as it seeks partnerships across exploration, development, and processing activities. Tanzania’s ambition to become a major LNG exporter is evident through its flagship Tanzania LNG project, which aims to process gas from fields operated by Equinor, Shell, and ExxonMobil, producing 10 million metric

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International News Oil Petroleum

Libya Takes Top Spot as Africa’s Largest Oil Producer in March

Libya has emerged as Africa’s top oil producer with an output of 1.24 million barrels of oil per day (bpd) in March 2024. This marks an increase of 5.4% compared to the country’s output of 1.17 million bpd in February. Announced by OPEC in its April 2024 Monthly Oil Market Report, Nigeria lost the top spot after reporting a drop of almost 91,000 bpd from 1.32 million bpd in February to 1.23 million bpd in

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Local News Transport and Logistics

AGL Logistics Launches Operations at Lobito Terminal in Angola

Africa Global Logistics (AGL) has inaugurated operations at the AGL Lobito Terminal, a versatile container and bulk goods facility situated within Angola’s Port of Lobito. This development follows AGL’s successful bid secured through an international tender process in October 2023. The terminal, with its impressive capacity to handle over one million tons of bulk goods and accommodate 100,000 TEU containers annually, marks a significant milestone in enhancing trade connectivity and logistics efficiency in the region.

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International Gas News

TotalEnergies and Sonatrach Partner for Gas Resource Development in Algeria

French energy giant TotalEnergies and Algeria’s state-owned Sonatrach have inked a deal to collaborate on the appraisal and development of gas resources in Algeria’s Timimoun region. The agreement aims to leverage existing processing facilities from the Timimoun field, marking a strategic partnership between the two entities. Julien Pouget, Senior Vice President Middle East & North Africa, Exploration & Production at TotalEnergies, expressed enthusiasm about expanding their partnership with Sonatrach through this Memorandum of Understanding. The

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International Gas News Oil

Libya’s Deputy Minister Abdulsadek to Manage Ministry of Oil and Gas

Libyan Prime Minister Abdulhamid Dbeibeh has appointed Dr. Khalifa Abdulsadek to oversee the country’s Ministry of Oil and Gas. The appointment follows the suspension of Libya’s former Minister of Oil and Gas Mohammed Aoun on March 25. Having served as the CEO of local service provider Murzuq Oil Services and having held a position on the board of director for exploration at the state-owned National Oil Corporation (NOC), Dr. Abdulsadek brings over 20 years of

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