Angolan Mining Oil & Gas - Page 247 of 390 - Top Angolan News for Oil, Gas and Mining Industries

Gas International News

Nigeria’s ANOH Gas Plant Achieves Mechanical Completion

15, January, 202415, January, 2024

Installation works for the ANOH Gas Processing Plant – located in OML 53 in Nigeria – reached mechanical completion on December 19, 2023, Nigerian independent oil and gas company Seplat Energy announced. Drilling and hook-up of the upstream wells, essential third-party infrastructure, the OB3 pipeline river crossing and Spur Line has also been completed, with the third and fourth wells – ASSN-05 and ASSN-06 – completed. The next step before plant commissioning and the start

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International News Renewable Energy

South Africa’s Bid Window 7 Targets 5 GW of Renewable Energy Projects

15, January, 202415, January, 2024

South Africa’s Department of Mineral Resources and Energy (DMRE) has launched Bid Window 7 under the country’s Renewable Independent Power Producers Procurement Program. The seventh bid submission phase aims to procure 3.2 GW of onshore wind and 1.8 GW of solar photovoltaic (PV) projects, for a total renewable energy capacity of 5 GW. “Given the energy challenges the country is facing, the qualification criteria has been developed to promote the participation of projects that are

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Mining Local News Oil Transport and Logistics

Lobito Corridor and Sonangol Could Create New Opportunities in Sustainability for Westerners

15, January, 202415, January, 2024

Access to charging stations is not the only factor limiting the wide-spread adoption of electric vehicles in the United States. Experts are concerned that, in the coming years, EV sales could be further dampened by the diminishing supplies of a material most Americans have thought little about since high school chemistry: cobalt. A heavy metal found primarily in central Africa, cobalt is an essential component of the batteries used to power electric vehicles. And for

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Local Mining News

Pensana’s Longonjo Rare Earths Project in Angola gets mining title approval

15, January, 202416, January, 2024

The Longonjo Rare Earths Project, which spans 21 km2, is located near the town of Longonjo in central Angola and near Lobito Corridor’s Benguela Railway. Australia-based Pensana Rare Earths said that its subsidiary Ozango Minerals has secured approval from the Angolan President for the exploitation of the Longonjo Rare Earths Project in the Central African country. President João Lourenço approved the company’s mining title, which will be valid for 35 years, for the mining of

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International News Oil Petroleum

DANGOTE PETROLEUM REFINERY STARTS PRODUCTION

15, January, 202415, January, 2024

Dangote Petroleum Refinery has commenced production of diesel and aviation fuel. President of Dangote Group, Alhaji Aliko Dangote, elatedly thanked President Bola Ahmed Tinubu for his support, encouragement, and thoughtful advice towards the actualization of this project. Dangote also thanked the Nigerian National Petroleum Company Limited (NNPC Limited), the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and Nigerians for their support and belief in the historic project. “We

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Diamonds International

Lucara extends repayment schedule on $220m debt package

13, January, 202413, January, 2024

Diamond mining company Lucara Diamond has executed amended documentation related to its senior secured project financing debt package, initially established in July 2021 at a value of $220-million. While the total amount of the facilities remains unchanged, Lucara has extended the repayment profile in accordance with the rebase schedule released on July 17 last year. This adjustment aligns with the company’s aim to continue the development of the Karowe underground expansion project (UGP). The funding

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International Diamonds Exploration Mining

Debswana pumps P13.6 Billion into Jwaneng Underground Exploration Access Development

13, January, 202413, January, 2024

Debswana Diamond Company, the mining joint venture between the Government of the Republic of Botswana and De Beers Group, last week announced that its Board has approved the commencement of the Jwaneng Underground Project’s crucial phase, which is the Exploration Access Development. The Jwaneng Underground Project is implemented in four phases; being, Early Works (which started in 2022); Exploration Access Development, Phase 1 Mining and Phase 2 Mining. The Board’s approval for the second phase

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Local News Petroleum

Sonangol confirms existence of Oil in the Cuanza onshore Basin

12, January, 202416, January, 2024

Sonangol confirmed, on Thursday, the existence of oil in almost the entire thickness of the Cuanza Onshore Basin, after drilling “considered very positive”. In a press release that was released today, the state oil company states that the discovery significantly increases the remaining potential of the Tobias field. “The production capacity of the well will be verified after tests are carried out to be carried out soon”, the note adds. According to the document, the

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Mining Local News

Multinational Rio Tinto to explore base metals in Angola

12, January, 202416, January, 2024

The Angolan Government and the Anglo-Australian multinational Rio Tinto Explotation LTD will sign, next Wednesday, January 17th, a mining investment contract, for the prospecting and exploration of base metals. According to a source from the Ministry of Mineral Resources, Oil and Gas, the project called “Moxico Concession” is located in the province of Moxico, and has an extension of 9,959 square kilometers. Operations in Angola Last year, the Australian multinational Rio Tinto, the second largest

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Oil Local News Petroleum

Minister of State: High price of a barrel of oil “no longer solves our problem”

12, January, 202412, January, 2024

The Minister of State for Economic Coordination, José de Lima Massano, stated, Wednesday, in Luanda, that the country is going through a moment in which it is not enough to just have “the highest price per barrel of oil or more oil production”, considering that “this is no longer what solves our problem”. When speaking at the 11th edition of CaféCIPRA, which is currently taking place under the theme “Impact of private investment in the

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