Vital Industry News
Nigeria–Morocco Gas Pipeline Gains Momentum as Europe Seeks New Energy Routes UAE Exit from OPEC Raises Volatility Risks for Global Oil Markets and African Producers Sudan’s Gold Sector Becomes Economic Lifeline Amid Prolonged Conflict Dangote Backs New East African Refinery Project in Tanzania Libya Partners with Chevron to Assess Shale Oil and Gas Potential Uganda Plans New Oil Licensing Round to Expand Reserves Cameroon Awards Five Oil and Gas Blocks in 2025–2026 Licensing Round Dakar LNG Terminal Project Set to Strengthen Senegal’s Energy Security UAE Exit from OPEC Raises Concerns Over Oil Market Stability and Nigeria’s Revenue Outlook Angola Oil Revenue Rises to $7.16 Billion in Q1 on Stronger Prices
International Gas News

Nigeria–Morocco Gas Pipeline Gains Momentum as Europe Seeks New Energy Routes

International Corporate News Oil

UAE Exit from OPEC Raises Volatility Risks for Global Oil Markets and African Producers

Gold International News

Sudan’s Gold Sector Becomes Economic Lifeline Amid Prolonged Conflict

More Angolan Mining News

International Gas News

Nigeria–Morocco Gas Pipeline Gains Momentum as Europe Seeks New Energy Routes

Nigeria–Morocco Gas Pipeline: Europe Eyes West African Gas as Alternative Energy Corridor by 2031 Nigeria-led…
International Corporate News Oil

UAE Exit from OPEC Raises Volatility Risks for Global Oil Markets and African Producers

UAE OPEC Exit Sparks Supply Uncertainty as Global Oil Market Faces Demand Weakness and Rising…
Gold International News

Sudan’s Gold Sector Becomes Economic Lifeline Amid Prolonged Conflict

Sudan Relies on Gold Revenues as War Enters Fourth Year, Smuggling and Investor Shifts Reshape…
International Corporate News Oil

Dangote Backs New East African Refinery Project in Tanzania

Dangote to Lead Tanzania Refinery Project as East Africa Pushes to Cut Fuel Imports Aliko…
Oil Corporate News Gas

Libya Partners with Chevron to Assess Shale Oil and Gas Potential

Libya’s NOC and Chevron Sign Deal to Study 123 Tcf Gas and 18 Billion Barrels…
International News Oil

Uganda Plans New Oil Licensing Round to Expand Reserves

Uganda to Launch Third Oil Licensing Round as It Prepares for First Crude Production Uganda…
International News

Burkina Faso and Rosatom Forge Partnership for Nuclear Power Plant Construction

Russian nuclear corporation Rosatom and Burkina Faso’s Ministry of Energy, Mines and Quarries have inked a pivotal agreement for the construction of a nuclear power plant in the country. Set to be completed by 2025, this ambitious project aims to bolster Burkina Faso’s electricity production, with projections indicating a doubling of output by 2030. The agreement delineates a comprehensive roadmap, charting a course for the development of Burkina Faso’s nuclear energy capabilities and the establishment

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Oil News Petroleum

South Sudan Expected to Restart Crude Oil Exports in 6-8 Weeks

South Sudan may restart export of its heavy sweet Dar Blend crude oil via the Petrodar pipeline to the Bashayer Marine Terminal in Port Sudan in six to eight weeks. The Petrodar pipeline, which transports approximately 100,000 barrels per day (bpd) for export via Sudan, has been hampered by stoppages since February. As stated by South Sudan’s Finance Minister Awow Daniel Chuang to Argus Media, the pipeline will undergo repairs while the country continues to

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International Exploration Gold News

Shanta Gold Reveals Encouraging Exploration Results for West Kenya Project

Aim-listed gold producer Shanta Gold has announced promising findings in its latest exploration update for the West Kenya project, covering the fourth quarter of last year and the first quarter of this year. CEO Eric Zurrin highlighted the progress, stating, “At Ramula, the reported assays provide valuable insights for converting inferred resources to indicated category resources. Meanwhile, encouraging results from our early-mid-stage targets at both Miruka and Anomaly 22 affirm the presence of economic range

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Local Mining News

Pensana Appoints Benedito Dumbo as Longonjo Rare Earths Mine Site Manager

London-listed rare earths miner Pensana has named Benedito Dumbo as the site manager for the Longonjo rare earths mine in Angola, marking a significant step ahead of the project’s main construction phase. Dumbo, a native of Luanda, Angola, brings three years of experience as a mining engineer dedicated to the project’s development. His expertise spans various crucial areas, including drilling, logging, fleet management, and maintenance systems. Graduating from the Camborne School of Mines, part of

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Economy Gold Mining Oil

Nigeria’s mineral wealth offers economic growth beyond oil

Mining minerals presents Nigeria with an opportunity to diversify its economy away from its heavy reliance on oil exports. Africa’s most populous country (228mn people) has an abundance of mineral resources. It boasts more than 40 mineral deposits — including kaolinitic clay, gold, gypsum, iron ore, lead, zinc, phosphate and tin across more than 500 sites in its 36 states. Baryte, bitumen, coal, gold, iron ore, limestone, lead, zinc and coal have been identified by

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International News

South Africa’s Eskom Pursues $21B Transmission Expansion

South Africa’s state-owned power utility Eskom is pursuing financing for its $21 billion transmission network expansion project, aiming to integrate renewable energy sources into the national grid. As the primary provider of 80% of South Africa’s electricity, Eskom’s expansion plans involve constructing 14,218 km of power lines by 2033 – a three-fold increase from 2012-2024 installations. To secure financing for this capital-intensive project, Eskom is engaging in discussions with relevant government ministries and considering potential

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International Energy News

Namibia Gears Up to Become Major Regional Power Producer

To ease reliance on electricity imports, Namibia has made substantial strides in ramping up its power network in recent years. The country derives the majority of its domestic power generation from the 120 MW coal-fired Van Eck Power Station in Windhoek, as well as the diesel-powered Paratus and Anixas Power Stations and Ombuvu Photovoltaic (PV) Power Station. Major developments in Namibia’s power distribution sector are poised to shift the country toward energy self-sufficiency by the end of

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Local Mining News

Angola’s Minbos Resources Secures $14M Debt Facility from IDC

Development finance institution the Industrial Development Corporation (IDC) of South Africa has approved a $14 million debt facility for the construction of the Cabinda Phosphate project in Angola. Mineral exploration and development company Minbos Resources – the project’s developer – has received credit committee approval for the funds, enabling the company to kickstart development. The IDC funding will cover the majority of the project’s total cost – estimated at $24 million – with the remaining

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International News Oil

Sirte Oil Makes Gas Discovery in Libya

Libya’s state-owned National Oil Corporation (NOC) announced that its subsidiary Sirte Oil has discovered a well with the potential to produce 16.8 million cubic feet of gas per day. The announcement – made on April 9 – follows successful drilling operations in exploratory well W, W, 1-6, southeast of the Al-Lahib Field. The drilling operations reached a final depth of 8,666 feet and showed a choke size of 48/64 inches. In addition to gas, the

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Diamonds International News

Debswana Appoints Keene Nkoane as first female Engineering Manager

Debswana,the leading rough diamonds producer continues to set the trend in diversity and progressive leadership appointments. The 50/50 De Beers – Botswana joint venture has appointed top Engineer Ms. Keene Nkoane as the first female Senior Engineering Manager inthe history of the company. She is based at Orapa Letlhakane and Damtshaa Mines (OLDM). Nkoane joined Debswana in 2003 based in Jwaneng Mine following her completion of BEng (Hons) in Electrical & Electronic from Nottingham University,

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