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,…
Corporate News Diamonds International

Petra Diamonds Confirms New Leadership Team and Board Restructuring After 2025 AGM

Petra Diamonds Appoints Permanent Joint CEOs and Strengthens Board Following Annual Meeting London-listed Petra Diamonds has announced a refreshed leadership structure and several board changes following its Annual General Meeting held on November 27. The company confirmed the appointment of Vivek Gadodia and Juan Kemp as permanent joint CEOs, solidifying the roles they have held in an interim capacity since February. Under the new structure, Gadodia will continue to lead Petra’s corporate functions, while Kemp

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Corporate News International Oil

TotalEnergies Partners with Chevron Through 40% Stake Sale in Nigerian Offshore Blocks

TotalEnergies to Sell 40% Stake in Nigerian Offshore Licenses to Chevron Subsidiary TotalEnergies has announced plans to divest a 40 percent interest in its Nigerian offshore exploration licenses, entering a new strategic partnership with a subsidiary of Chevron. The company confirmed it has signed an agreement to transfer the stake in two license areas covering approximately 2,000 square kilometers in the West Delta basin to Star Deep Water Petroleum Limited. The deal remains subject to

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International News Oil

Kenya Approves South Lokichar Oil Development Plan Aiming for First Exports in 2026

Kenya Targets First Commercial Oil Exports by 2026 After Approving South Lokichar Development Plan Kenya has announced plans to launch its first commercial crude oil exports by late 2026, following the government’s approval of the Field Development Plan for the South Lokichar Basin in Turkana County. Full field production is expected to be reached in the years after initial exports begin. The Ministry of Energy and Petroleum has authorized Gulf Energy E&P BV to advance

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Local Energy News

Angola Confirms 2027 Start-Up for First Turbine of Caculo Cabaça Hydroelectric Dam

Caculo Cabaça Hydropower Project Reaches 40% Completion; First Turbine to Begin Operation in 2027 The Ministry of Energy and Water has announced that the first of the four turbines of the Caculo Cabaça Hydroelectric Project is expected to begin operating in 2027. The project, located in Cuanza Norte province, has reached approximately 40 percent completion and continues to progress at a steady pace. In a statement accessed by VerAngola, the ministry highlighted that on Tuesday

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Local Corporate News Oil Petroleum

Etu Energias Inaugurates New Fuel Station at Luanda’s Cuca Factory

Etu Energias Expands National Fuel Network with New Station at Cuca Factory in Luanda Etu Energias inaugurated a new fuel station this Friday within the perimeter of the Cuca Factory in Luanda, marking another step in the company’s strategic expansion in Angola’s energy distribution sector. The announcement was made in a statement sent to VerAngola. According to CEO Edson Santos, the opening of the Cuca Fuel Station (PA Cuca) “symbolizes Etu Energias’ commitment to the

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Local Gold News

Endiama Confirms December Testing for Angola’s First Gold Refinery

Angola’s First Gold Refinery Nears Completion, Testing Phase Set for December Endiama has announced that Angola’s first gold refinery—currently under construction in the Viana Industrial Park—is expected to begin its testing phase in the second half of December. The projection was shared this Thursday during a site visit by the company’s Chairman of the Board of Directors (PCA). According to an official statement accessed by VerAngola, the visit confirmed that the project is in its

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Local Economy News

Angola Agrees to Roll Over $1 Billion JPMorgan Loan Amid Improving Debt Market Conditions

Angola Reaches Agreement with JPMorgan to Extend $1 Billion Loan as Eurobond Yields Fall Angola has reached an agreement in principle with JPMorgan Chase & Co. to roll over a $1 billion loan that was set to mature at the end of this year, the country’s finance ministry announced. Details of the renewed arrangement—including maturity, interest rate, and collateral—are still being finalized, a ministry spokesperson said. The original loan, signed in December, was structured as

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International Corporate News Oil

Dangote Group Accelerates Expansion of World’s Largest Single-Location Refinery

Dangote Refinery to Double Capacity to 1.4 Million BPD Through Strategic Global Partnerships Nigeria’s Dangote Group is fast-tracking its ambition to build the world’s largest single-location refinery, leveraging strategic international partnerships to expand production and strengthen its regional energy footprint. During a press briefing in Mumbai, Aliko Dangote confirmed the signing of a new contract with Engineers India Ltd (EIL) to double the refinery’s capacity to 1.4 million barrels per day (bpd) within three years.

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Local Gas News

Angola Inaugurates $4 Billion Gas Processing Plant in Soyo to Boost Energy Diversification

Angola Launches $4 Billion Soyo Gas Plant to Strengthen LNG Production and Industrial Growth Angolan President João Lourenço has inaugurated a $4 billion gas processing plant in Soyo, marking a major step in the country’s strategy to diversify its energy sector beyond crude oil. The project positions Angola to become a key player in Africa’s natural gas and liquefied natural gas (LNG) markets. Developed by the Novo Consórcio de Gás (NCG), the facility has the

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International News Oil

Egypt Announces New Gulf of Suez Oil Discovery, Adding 3,000 Barrels per Day

Egypt’s Gulf of Suez Oil Discovery to Boost Crude Production by 3,000 BPD Egypt, North Africa’s third-largest oil producer, has announced a new offshore oil discovery in the Gulf of Suez, expected to add around 3,000 barrels per day (bpd) to the country’s crude oil production. The well, named Northeast Ramadan Crystal (NER-1X), is located in the North-East Ramadan Concession and was drilled by the Gulf of Suez Petroleum Company (GUPCO), a joint venture between

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