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 Gas News Oil Petroleum

OPEC Forecasts Slight Decline in Angola’s Oil Production for 2025

The Organization of Petroleum Exporting Countries (OPEC) forecasts a slight decrease of 0.04 percent in Angola’s oil production for 2025, with output falling to under 1.1 million barrels per day. According to OPEC’s latest monthly report, non-OPEC countries are expected to see a growth in oil and gas production by 1.4 million barrels per day in 2025. However, Angola is among the few countries expected to experience a decline, along with Mexico. Angola’s decision to

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Diamonds Economy Local News

Lulo Mine’s Rough-Diamond Resources Surge

Rough resources at Lucapa Diamond Company’s Lulo deposit in Angola increased 48% in 2023 as the miner identified new material that will add an extra eight years to the deposit’s production. The figure, which refers to the volume of diamonds with a reasonable prospect of being extracted economically, climbed to 228,000 carats as of December 31, from 153,870 carats a year earlier, the company said Monday. The miner had the asset independently estimated by South

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Diamonds Local News

Govt Weighs Alrosa’s Role in Catoca Project Amid Political Concerns

The Angolan government has stated that the potential withdrawal of the Russian multinational Alrosa from the Catoca project depends on ongoing political assessments, expressing confidence that there will be no prohibition on the sale of Angolan diamonds in the European Union (EU). Jânio Vitor Correia, the Secretary of Mineral Resources, clarified that while the EU is scrutinizing a partnership involving Catoca (Alrosa), diplomatic efforts are underway to address the situation. He emphasized that there is

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Diamonds Economy Local

ENDIAMA forges closer partnerships with Chinese companies in the Mining sector

Angola’s National Diamond Company is going to forge closer partnerships with Chinese companies to develop Angolan diamond projects. The information was given last Saturday in Beijing by the chairman of the board of directors of ENDIAMA-E.P, Ganga Júnior, on the sidelines of the Angola-China Economic Forum, held as part of the strengthening of cooperation between the two countries. ENDIAMA’s president explained that the trip to Beijing had had a “very positive” outcome, and that a

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Local News Petroleum

CNOOC Explores New Oil Opportunities in Angola

China National Offshore Oil Corporation (CNOOC) is sending a team of senior executives to Angola to explore fresh oil exploration prospects, according to Reuters. This move aligns with Angola’s efforts to bolster its energy partnership with China, a major creditor and a key market for its oil exports. The desire to enhance energy ties was emphasized during President Joao Lourenco’s recent visit to Beijing, as conveyed by Angolan authorities. Announcing the forthcoming delegation from CNOOC,

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Local News Oil Petroleum

Minister Diamantino Azevedo visits Chinese oil companies

Angola’s Minister of Mineral Resources, Oil, and Gas, Diamantino Azevedo, embarked on a visit to China, where he engaged with representatives from China National Petroleum Corporation (CNPC) and China National Chemical Engineering Company (CNCEC) on potential collaborations. During the meetings, Azevedo, accompanied by ANPG and Sonangol officials, discussed various opportunities in Angola’s oil and mining sectors, including the exploration of oil blocks, refining, petrochemicals, and the trade of crude oil. Both parties expressed their commitment

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Diamonds Economy Local News

Angola’s Diamond Sector Faces Challenges Amid Production Decline

International Marketing professor Stover Ezequias and economist Paulo Santos discussed the recent 21% drop in diamond production in Angola, emphasizing the need for a strategic plan to revive the sector. Ezequias highlighted the significance of the diamond sector, constituting 96% of Angola’s mining production, and warned about potential trade deficits due to reduced export revenues. Santos attributed the decline in production to low diamond prices and decreased demand during the COVID-19 pandemic, cautioning that recovery

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International Local News

Trina Solar, SOLA, and WBHO Collaborate on 135 MW Merak 1 Solar Project

Solar energy provider Trina Solar, in partnership with renewable energy firms SOLA and Wilson Bayly Holmes-Ovcon (WBHO), is set to develop the 135 MW Merak 1 project. The project aims to supply solar power to mining company African Rainbow Minerals’ operations. Trina Solar will provide 205,161 panels of its Vertex modules for the Merak 1 project, while SOLA and WBHO Construction’s joint venture will oversee its execution. Zaheer Khan, Trina Solar’s Regional Director of Southern

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Local Energy News Oil Petroleum

Sonangol Invites US Investors to Explore Opportunities in Angola’s Energy Sector

Angola’s national oil company, Sonangol, has undergone privatization, enhancing its competitiveness and capacity as an operator. Seeking partnerships for exploration and production projects, Sonangol is reaching out to US companies. A networking event in Houston on March 19, hosted by Angola Oil & Gas 2024, presents a platform for Sonangol and US investors to connect and forge strategic alliances. Supported by key stakeholders, including the Ministry of Mineral Resources, Oil and Gas, Sonangol, and others,

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Expos & Events International News

OPEC Secretary-General to Deliver Address at Namibia International Energy Conference 2024

Haitham Al Ghais, Secretary General of the Organization of Petroleum Exporting Countries (OPEC), will deliver an address at the Namibian International Energy Conference (NIEC) in Windhoek this April, sharing insight into global oil trends. The Secretary-General will be joined by a delegation from the organization, who will lead technical discussions around the outlook for oil and the potential role Namibia plays in the global market.  Namibia is on track to produce its first oil from

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