Vital Industry News
De Beers Board Member Matome Tsholetsa Malema Passes Away Sodiam Raises $25.8 Million in 16th Rough Diamond Auction Shell Reaffirms Commitment to Reviving Angola’s Oil Production Sonangol Oil Tanker Damaged by Explosion Near Iraqi Port Angola and Namibia Advance Energy Cooperation with Focus on Electricity Interconnection Oil Hits Multi-Year High as Iran Conflict Escalates, Boosting Vegoils and Aluminium Ghana Prepares Alternative Gold Export Routes Amid Dubai Flight Disruptions Global Oil Prices Surge Amid Rising Tensions in the Middle East Middle East Tensions Send Oil Prices Higher, Raising Inflation Risks for Africa Uganda Central Bank Launches Domestic Gold Purchase Programme to Boost Reserves
Corporate News Diamonds International Mining Personality

De Beers Board Member Matome Tsholetsa Malema Passes Away

Corporate News Diamonds Local

Sodiam Raises $25.8 Million in 16th Rough Diamond Auction

Corporate News Oil Petroleum

Shell Reaffirms Commitment to Reviving Angola’s Oil Production

More Angolan Mining News

Corporate News Diamonds International Mining Personality

De Beers Board Member Matome Tsholetsa Malema Passes Away

De Beers Board Member and Minerals Development Company Botswana CEO Matome Tsholetsa Malema Dies Global…
Corporate News Diamonds Local

Sodiam Raises $25.8 Million in 16th Rough Diamond Auction

Angola’s Sodiam Generates $25.8 Million in Rough Diamond Auction, Surpassing Expectations Angola’s National Diamond Trading…
Corporate News Oil Petroleum

Shell Reaffirms Commitment to Reviving Angola’s Oil Production

Shell Pledges Support for Angola’s Oil Production Revival as Company Returns After 20 Years Shell…
Corporate News Local Oil

Sonangol Oil Tanker Damaged by Explosion Near Iraqi Port

Sonangol Tanker Hit by Explosion Near Iraq’s Khor al Zubair Port; Crew Safe and Vessel…
Local Energy News

Angola and Namibia Advance Energy Cooperation with Focus on Electricity Interconnection

Angola and Namibia Strengthen Energy Ties, Discuss Power Interconnection and Baynes Hydroelectric ProjectAngola and Namibia…
International News Oil

Oil Hits Multi-Year High as Iran Conflict Escalates, Boosting Vegoils and Aluminium

Oil Surges 25% to Highest Since 2022 Amid Iran War, Driving Vegoils and Aluminium Prices…
Local Mining Projects News

Lead Mining Project Boosts Economic Prospects in Serra da Kanda

New Lead Mining Plant Begins Trial Operations in Serra da Kanda, Producing 500 Tons Daily A lead mining plant capable of producing 500 tons of lead per day has been operating on an experimental basis since the second half of this year in the Serra da Kanda municipality, Zaire province. According to Ana Matondo, the communal administrator of the newly established mountainous municipality, the plant is the result of private Chinese investment that began its

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Local Energy

Minister Diamantino Azevedo Applauds Advances in Hydrocarbon Assessment Project

Angola Highlights Progress in Assessing Hydrocarbon Potential of Kassanje and Etosha-Okavango Basins The Minister of Mineral Resources, Petroleum and Gas, Diamantino Azevedo, on Saturday praised the progress made in evaluating the hydrocarbon potential of the Kassanje and Etosha-Okavango Basins in Cunene province. Speaking to the press after visiting the Namacunde Logistics Support Base, the minister said that conditions are now in place to enable teams to operate more efficiently. He added that the briefings provided

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Expos & Events Local News

AU–EU Summit in Luanda Seen as Key Step Toward a Prosperous and Sustainable Future for Both Continents

The chairman of the Committee of Permanent Representatives to the African Union (AU), Miguel Bembe, stated on Sunday that the 7th AU–EU Summit in Luanda is of vital importance, as it presents opportunities to build a prosperous and sustainable future for both Africa and Europe. Speaking at the opening session of the meeting between AU and EU officials—convened to prepare for the Summit of Heads of State and Government—Bembe highlighted that the strength of the

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Local Energy News

Angola and Germany Launch Major Study to Advance National Hydrogen Strategy

Germany to Fund Angola’s First National Hydrogen Potential Study by 2026 Germany will fund a baseline study on Angola’s hydrogen potential starting this year, according to Vandre Soellmeier, the German Economic Delegate in Angola. The announcement was made on Wednesday in Luanda during a conference on the Angola–Germany energy partnership, held as part of the state visit by German President Frank-Walter Steinmeier. Although the investment amount was not disclosed, Soellmeier said the study’s findings—expected in

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Local Economy Gas News Oil

Angola Reports $565 Million in Social Investment from Mineral, Oil, and Gas Companies

Angola’s Extractive Sector Channels Over $565 Million Into Community Development Projects in 2024 Companies operating in Angola’s mineral resources, oil, and gas sectors invested more than USD 565 million in 2024 across 860 social projects focused on education, health, economic development, culture, sports, environmental protection, and biodiversity. The figures were announced on Monday by the Minister of Mineral Resources, Oil and Gas, Diamantino Azevedo, during the public presentation of the 2024 Social Investment Report detailing

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International Gas News

Mozambique’s Cabo Delgado Sees Entrepreneur Boom After LNG Project Restart

Investor Momentum Builds as LNG Revival Reshapes Cabo Delgado’s Business Landscape Cabo Delgado is experiencing a marked surge in business activity following the announcement of the resumption of the Liquefied Natural Gas (LNG) project in the Rovuma Basin. The confirmation comes from the provincial representative of the Confederation of Economic Associations of Mozambique (CTA). Nearly four years after the Mozambique LNG project in Area 1 was halted due to terrorist attacks, the province’s economy is

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Corporate News Oil

ExxonMobil Ends Force Majeure at Mozambique’s Rovuma LNG Project

ExxonMobil Lifts Force Majeure on Rovuma LNG, Paving the Way for 2025 FID Target ExxonMobil has officially lifted the force majeure declaration on the 18-million-metric-ton-per-year Rovuma LNG export project in Mozambique, the company told Platts on Nov. 20. “The lifting of FM allows us to stay on track with our Rovuma LNG project,” a company spokesperson said. “We are working with our partners and the government of Mozambique to ensure the safety of our people

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Local Energy News

Quibala Electrification Project Transforms Lives in Cuanza Sul

Cuanza Sul Expands Access to Electricity: Quibala Project Benefits 170,000 Residents The residents of Cuanza Sul are now enjoying greater access to electricity following the inauguration of the Quibala electrification project this Thursday. The ceremony was led by the Minister of Energy and Water, João Baptista Borges, who also launched new electrification works in the municipalities of Ebo and Conde. According to a statement from the Ministry of Energy and Water, obtained by VerAngola, Minister

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Local News Oil

Angola Reinforces Measures to Curb Fuel Smuggling and Promote Sustainable Resource Management

Angola Intensifies Actions Against Fuel Smuggling as Government Targets Sustainable Resource Development The Angolan Government continues to prioritize the fight against fuel smuggling, implementing a range of measures designed to discourage this persistent practice. The assurance was given by the Minister of Mineral Resources, Petroleum and Gas, Diamantino Azevedo, who reaffirmed the Executive’s commitment to curbing the illegal flow of fuel across borders. According to the minister, fuel smuggling is largely driven by significant price

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Corporate News International Oil

TotalEnergies Boosts Stake in Nigeria’s OPL 257 to 90% in Major Offshore Expansion Deal

TotalEnergies Increases Ownership in Nigeria’s OPL 257 as Offshore Strategy Advances TotalEnergies has signed new agreements with Conoil to acquire an additional 50% interest in the OPL 257 exploration block, raising its total stake to 90%. The move strengthens the company’s strategic position in Nigeria’s offshore oil sector and supports its goal of achieving cost-efficient production growth by utilising existing offshore infrastructure. OPL 257 lies approximately 150 kilometres off Nigeria’s coast and borders PPL 261,

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