Angolan Mining Oil & Gas - Page 25 of 389 - Top Angolan News for Oil, Gas and Mining Industries

Namibia Aims for 400 MW of Renewable Energy by 2030 to Boost Economy and Energy Security

17, November, 202517, November, 2025

Namibia Targets 367–400 MW Renewable Energy Capacity by 2030 to Drive Industrial Growth and Job Creation Namibia is targeting between 367 and 400 megawatts (MW) of renewable energy capacity by 2030, focusing primarily on solar and biomass projects. Eduardo Rodriguez, Chairperson of the Namibia Petroleum Operators Association, said the planned expansion will enhance energy security, support industrial growth, and help the country meet its climate commitments. “Renewables are a fundamental component of Namibia’s economic diversification

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Corporate News Diamonds International

Namibia Confirms No Decision Made on Potential De Beers Share Acquisition

17, November, 202517, November, 2025

Namibia Maintains Current Diamond Holdings, Says No Cabinet Decision on De Beers Equity The Namibian government has clarified that no decision has been made regarding the potential acquisition of shares in De Beers. The Ministry of Mines and Energy confirmed that the matter has not yet been considered by Cabinet. The Ministry emphasized that the State remains fully invested in its existing 50% stakes in Namdeb and Debmarine Namibia, which continue to underpin the country’s

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International Gas News

Mozambique Earns $67.6 Million from Oil and Gas as Sovereign Fund Nears Launch

14, November, 202514, November, 2025

Mozambique Natural Gas and Oil Revenues Reach $67.6 Million in 2025 Ahead of Sovereign Fund Rollout Mozambique earned US$67.64 million from oil and natural gas exploitation up to September 2025, according to the Ministry of Finance. Budget execution data for January to September 2025 shows that US$24.68 million came from the Mining Production Tax, while US$42.96 million was derived from the “profit oil” component—revenues from production exceeding the “cost oil” allocated to the Mozambican State.

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Diamonds Corporate News International

Lucara Diamond Achieves Robust Q3 Output and Secures Key Milestones at Karowe Underground Expansion

14, November, 202514, November, 2025

Lucara Reports Strong Q3 Results as Karowe Mine Delivers Major Diamond Recoveries and Advances Underground Project Toronto-listed Lucara Diamond Corp. reported revenue of $51.2 million from the sale of 101 422 carats during the quarter ended September 30, supported by strong recoveries and continued progress at its Karowe diamond mine in Botswana. In August, Lucara recovered a 1 015 ct non-gem diamond and a 37.42 ct near-gem pink Type IIa diamond. The 1 015 ct

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Local News Oil

Angola Accelerates Oil Sector Growth with New Licenses, Investments, and International Deals

12, November, 202512, November, 2025

Angola is moving decisively to revitalize its oil sector, combining a major licensing push, increased investments, and high-profile international agreements. The National Agency for Petroleum, Gas, and Biofuels (ANPG) announced that the country is set to award up to 60 oil and gas concessions by the end of 2025, surpassing the 50 blocks already allocated since 2019. The initiative is aimed at stabilizing Angola’s oil production, which had previously fallen below one million barrels per

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Local Mining News Oil

India and Angola Deepen Cooperation in Oil, Mining, and Technology

11, November, 202511, November, 2025

President Droupadi Murmu’s Angola Visit Strengthens India–Angola Ties in Oil, Mining, and Emerging Technologies During her first-ever state visit to Angola, President Droupadi Murmu spotlighted new opportunities for Indian investment in Angola’s oil, mining, and technology sectors key areas that could define the next phase of India Angola economic cooperation. President Murmu met with Angolan President João Manuel Gonçalves Lourenço at the Presidential Palace in Luanda, where discussions centered on long-term energy security, mineral exploration,

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International Transport and Logistics

Zambia Strengthens Ties with European Investment Bank to Accelerate Lobito Corridor Development

11, November, 202511, November, 2025

Zambia and EIB Deepen Cooperation to Boost Investment in the Lobito Corridor and Drive Regional Trade Growth Zambia has intensified its engagement with multilateral development partners, as Finance and National Planning Minister Dr. Situmbeko Musokotwane met with European Investment Bank (EIB) Vice President Karl Nehammer ahead of the Zambia–EU Lobito Corridor Business Forum, scheduled for 13–14 November in Lusaka. The high-level bilateral talks focused on unlocking new investment opportunities along the Lobito Corridor, a key

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Diamonds Corporate News International

Botswana Moves to Acquire Majority Stake in De Beers Amid Angola’s Rival Bid

11, November, 202511, November, 2025

Botswana Seeks Control of De Beers as Angola Joins Race for Diamond Giant Botswana is taking concrete steps to acquire a majority stake in De Beers, President Duma Boko announced on Monday, shortly after Angola revealed its own plans to pursue control of the global diamond powerhouse. Botswana currently holds a 15% share in De Beers and contributes around 70% of the company’s annual rough diamond output, making it a cornerstone of the southern African

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Corporate News Local Oil

Shell Returns to Angola with $1 Billion Deal to Explore 17 Ultra-Deepwater Oil Blocks

11, November, 202511, November, 2025

Shell Signs $1 Billion Agreement with Angola to Develop 17 Ultra-Deepwater Oil Blocks The National Agency for Petroleum, Gas and Biofuels (ANPG) and Shell have signed a landmark agreement defining the terms for exploration and development of 17 ultra-deepwater oil blocks off the Angolan coast. The deal represents an initial investment of nearly $1 billion and marks Shell’s return to Angola after a 20-year absence. The agreement follows the memorandum of understanding signed in November

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Renewable Energy Local News

Angola Positioned as a Renewable Energy Leader in Southern Africa

11, November, 202511, November, 2025

Angola Holds Major Potential for Solar and Hydropower Generation, Highlights German-Angolan Hydrogen Partnership Angola has one of the greatest potentials in Southern Africa for generating renewable energy from solar and hydropower sources, according to Vandre Spellmeier from the German-Angolan Hydrogen Office (H2-diplo). Spellmeier made the remarks on Wednesday in Luanda during the Conference on the Angola-Germany Energy Partnership. In a statement, Spellmeier emphasized Angola’s strategic importance in driving sustainable industrialization and strengthening the energy sector’s

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