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,…
Local News

Angola’s Mbanza Kongo Airport to Open in 2025

Construction of the Mbanza Kongo Airport in Angola’s province of Zaire is set to be complete in 2025, the country’s Minister of Transport Ricardo de Abreu announced. The airport will host domestic and international airline carriers, supporting tourism in the province. Developed by engineering and construction services companies Sinohydro Corporation, the 12,100 m² site features a 3,500 m runway capable of handling a Boeing 777-300ER – one of the world’s largest commercial twin-engine carriers. At

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International Gas News Oil

Angola to Launch 2025 Oil and Gas Licensing Round

Angola is gearing up to launch its next oil and gas licensing round in 2025, inviting US-based exploration and production companies to seize upcoming block opportunities. As part of a six-year licensing initiative initiated in 2019, the country recently concluded a 12-block tender in January 2024 and is currently finalizing negotiations for production sharing. During a networking event hosted by Angola Oil & Gas (AOG) 2024 in Houston on March 19, Secretary of State for

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Oil Gas International News

Zanzibar Prepares for Inaugural Oil and Gas Licensing Round

Zanzibar is set to inaugurate its first-ever licensing round on Wednesday, inviting international oil and gas companies to participate in exploration and production activities. The announcement, made by the Ministry of Blue Economy and Fisheries of Zanzibar, comes after the demarcation of eight offshore blocks in the region. Seeking to diversify its economy, Zanzibar aims to attract foreign investment into its hydrocarbon sector. To facilitate this, the semi-autonomous region has implemented a revamped Model Production

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Oil Gas International News

SOCAR President Discusses Oil and Gas Cooperation with Republic of Congo Official

Rovshan Najaf, President of the State Oil Company of Azerbaijan (SOCAR), held a meeting with Francoise Joly, Presidential Adviser for International Strategy of the Republic of Congo, to explore opportunities for cooperation across the oil and gas sector. During the discussion, Najaf and Joly explored potential collaboration avenues, including oil and oil-based products trading, human capital development, and other mutual interests. The officials also delved into Azerbaijan’s global energy projects, SOCAR’s multinational operations, and potential

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International Gas News Oil

Eni Finalizes $300 Million Asset Sale Deal with Perenco in Republic of Congo

Italian multinational energy company Eni has successfully concluded a $300 million deal for the sale of select upstream assets to oil and gas firm Perenco in the Republic of Congo. The agreement, initially announced in June 2023, aligns with Eni’s strategic objective of optimizing its operations and concentrating on significant upstream projects within the country. In a press release, Eni emphasized its dedication to harnessing the Republic of Congo’s extensive gas resources, particularly through initiatives

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International Gas News

Mozambique Adopts Law for Natural Gas Export Revenue

Mozambique’s council of ministers has approved a decree establishing legislation for a sovereign wealth fund. The fund will be tasked with managing revenues from an estimated $91.7 billion in natural gas exports in the coming decades. Under the new law, 40% of liquefied natural gas revenues will finance the fund during its first 15 years, with the remaining portion allocated to the national budget. Subsequently, a balanced allocation between savings and expenditures will be implemented.“The

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Mining Local News

Rare Earth Mining Project in Huambo Province Set to Commence Operations by 2026

The Ozango Minerais project, focusing on the exploration of rare earth minerals in Longonjo, Huambo, is advancing into the construction and equipment installation phase, with operations expected to commence in 2026. Tim George, head of an investor mission, made this announcement following a meeting with Huambo’s vice-governor for the Political, Economic, and Social sector, Angelino Elavoco. George stated that work on the mine, situated 64 kilometers from Huambo city, is scheduled to begin eight months

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International Oil Petroleum

Fuel Costs Expected to Drop as Port Harcourt Refinery Resumes Operations

Fuel costs in Nigeria are anticipated to decrease once the Port Harcourt Refinery recommences operations, according to the Independent Petroleum Marketers Association of Nigeria (IPMAN) and the Major Energy Marketers Association of Nigeria (MEMAN). The national petroleum company of Nigeria has pledged that the refinery will be operational within two weeks, prompting preparations by marketers to receive products from the facility. Both IPMAN and MEMAN have urged the Nigerian National Petroleum Company Limited (NNPC) to

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Local Mining News

Huambo’s Rare Earth Exploration Set to Begin in 2026

Tim George, the executive director of Pensana, has indicated that exploration of Huambo’s rare earths could commence as early as 2026. This timeline is contingent upon the completion of prospecting activities, which have been ongoing since 2015, and the initiation of infrastructure construction this year. During a meeting with Angelino Elavoco, Vice-Governor of Huambo, Tim George outlined plans that could generate approximately 1,090 direct jobs. These positions include 650 jobs during the infrastructure construction phase

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Oil Gas Local News

Sonangol Takes Lead in “Aiming for Zero Methane” Initiative

Sonangol, Angola’s national oil company, has made history by becoming the first African oil producer to join the “Aiming for Zero Methane” initiative. This global effort, led by the Oil and Gas Climate Initiative (OGCI), aims to drastically reduce methane emissions in the oil and gas industry. In a recent statement, Sonangol announced its commitment to achieving nearly zero methane emissions from its oil and gas operations by 2030. Gaspar Martins, President of Sonangol’s Board

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