Angolan Mining Oil & Gas - Page 227 of 391 - Top Angolan News for Oil, Gas and Mining Industries

Diamonds International

Debswana Prepares for Jwaneng Underground Project with Local Talent Development

23, March, 202423, March, 2024

Debswana, in preparation for its upcoming Jwaneng underground project in Botswana, has been actively nurturing local talent and enhancing skills development by enrolling graduate learners in various mining-related disciplines. Selected from a pool of candidates, 26 graduates are currently undergoing experiential learning at the Mopani Central training center in Zambia, a strategic move aimed at equipping them with the necessary skills and expertise for the challenges ahead. This initiative not only strengthens Debswana’s strategic partnerships

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International Oil Petroleum

Egypt raises fuel prices in alignment with economic reforms

23, March, 202423, March, 2024

Egypt has raised the prices of various fuel products, fulfilling a commitment made over a year ago to the International Monetary Fund (IMF) as part of a $3 billion financial assistance agreement. In a letter of intent signed in November 2022, Egypt pledged to permit the increase of most fuel prices to align domestic rates more closely with international energy market prices, Reuters reported. The country also pledged to compensate for the previous year’s slow

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International Energy News Renewable Energy

Botswana’s 𝗣𝗥𝗘𝗦𝗜𝗗𝗘𝗡𝗧 𝗞𝗜𝗖𝗞𝗦𝗧𝗔𝗥𝗧𝗦 𝗧𝗛𝗘 𝟭𝟬𝟬𝗠𝗪 𝗠𝗠𝗔𝗗𝗜𝗡𝗔𝗥𝗘 𝗦𝗢𝗟𝗔𝗥 𝗣𝗥𝗢𝗝𝗘𝗖𝗧

22, March, 202422, March, 2024

This morning President Masisi officiated at the ground breaking of 100 MW Mmadinare Solar Cluster , the first of its kind and scale in Botswana. The phase 1 of this project will generate 50 MW and will completed in January 2025 and the other 50 MW 6 months later , bringing a total of 100 MW by July 2025. The 100MW Mmadinare Solar is the first utility scale grid connected solar PV project and will

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International Gas News Oil

Mozambique Takes Stride Towards Transparency with Sovereign Fund Law Regulation

22, March, 202422, March, 2024

Mozambique has passed a decree to regulate the Sovereign Fund Law, marking a pivotal step in establishing a robust legal framework for managing revenues from the country’s oil and natural gas exploration. The newly approved regulation signifies a significant leap forward in promoting transparency, accountability, and good governance in Mozambique’s natural resources sector. Enacted under Law 1/2024 of 9th January, the Mozambique Sovereign Fund aims to ensure the responsible management of non-renewable resource proceeds, fostering

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International Gas Oil

Oil and Gas Companies Eye Frontier Exploration, SLB CEO Reveals

22, March, 202422, March, 2024

During a conference in Houston, Texas, SLB CEO Olivier Le Peuch unveiled a surge in exploration activities in frontier areas, notably in countries like Namibia, Surinam, and Guyana, hinting at a wave of upcoming projects. Le Peuch highlighted a resurgence in exploration efforts over the past few years, pointing to countries such as Namibia as paving the way for the next phase of exploration. Despite yet to commence oil and gas production, Namibia anticipates its

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Local Economy News

UAE and Angolan Presidents discuss enhancing bilateral cooperation

22, March, 202422, March, 2024

President His Highness Sheikh Mohamed bin Zayed Al Nahyan received His Excellency João Manuel Gonçalves Lourenço, President of the Republic of Angola. During the meeting at Qasr Al Bateen in Abu Dhabi, His Highness welcomed the visit of the President of Angola, who congratulated His Highness on the occasion of the holy month of Ramadan and expressed his wish for it to be a month of goodness, mercy, and peace for people around the world.

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International Energy News

Germany and Namibia Forge Partnership for Green Hydrogen Development

22, March, 202422, March, 2024

German Federal Minister of Economic Affairs and Climate Protection, Robert Habeck, and Namibian Minister of Mines and Energy, Tom Alweendo, have inked an agreement to bolster the Green Hydrogen Namibia Program, marking a significant step towards sustainable energy collaboration. The newly formed initiative aims to cultivate local hydrogen value chains, drive green industrialization, and conduct comprehensive environmental impact assessments for pertinent projects, laying the groundwork for a greener future. In a show of support, Germany

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Local News Oil Petroleum

Sonangol Receives Interest from Chinese Investors for Lobito Refinery Project

22, March, 202422, March, 2024

Sonangol has garnered expressions of interest from Chinese investors and financial institutions in support of the Lobito Refinery project, which received a significant boost in October 2020. This momentum came when the national oil company inked a contract with Chinese contractor CNEC, aiming to complete the construction by 2027. Chairman of Sonangol’s Board of Directors, Sebastião Gaspar Martins, unveiled these expressions of interest during his visit to China alongside President João Lourenço. Speaking on the

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International News Oil Petroleum

Shell’s Payments to Nigeria Hit Four-Year High in 2023

22, March, 202422, March, 2024

In 2023, Nigeria saw its highest payments from Shell in the form of production entitlements, royalties, taxes, and fees to the government, totaling $4.92 billion, marking the highest figure recorded in four years. Shell’s global payments to governments across 27 countries amounted to $29.51 billion in 2023. Following Nigeria, Oman and Norway were the second and third highest recipients, receiving payments of $4.09 billion and $3.81 billion, respectively. The payout to Nigeria increased by 8.85

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International Energy Renewable Energy

Trina Solar Unveils 195 MW Springbok Solar Project in South Africa

22, March, 202422, March, 2024

Trina Solar, a leading South African PV panel producer, has launched the groundbreaking 195 MW Springbok solar project in collaboration with renewable energy firm SOLA and construction group WBHO. Situated in South Africa’s Free State province, the Springbok project marks a significant milestone as the country’s first and largest privately developed n-type utility-scale project, boasting a capacity of 195 MW. Leveraging n-type technology, Trina Solar will supply 331,200 panels of its Vertex N series modules.

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