Vital Industry News
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 Seplat Energy Plans 17 New Wells in 2026 to Boost Production Energean to Acquire Chevron Stakes in Angola’s Block 14 Assets Cameroon Opens Nine Oil and Gas Blocks to Investors in 2026 Licensing Round
Corporate News International Mining Personality

Chevron Appoints Emmanuelle Garinet to Lead Exploration in the Americas and Africa

Corporate News Local Oil

Angola’s Cabinda Refinery Nears Production Start Following Ministerial Inspection

Local Economy Gas News

Angola Begins Gas Exports from Quiluma Field with 150 Million Cubic Feet per Day

More Angolan Mining News

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,…
Corporate News Local Mining Projects

Angola Leads African Rare Earth Surge with $165 Million Investment in Longonjo Project

Angola Secures $165M Investment for Longonjo Rare Earth Project, Boosting Africa’s Strategic Supply Chain Mining…
Economy International News

Burkina Faso Mining Development Fund Raises CFA85.7 Billion in 2025

Burkina Faso Collects $152 Million from Mining Development Fund in 2025 to Support Local Development…
Local Economy News

Chinese Investors Dominate $21.8 Billion in Proposed Investments in Angola

China Leads $21.8 Billion Investment Proposals in Angola as AIPEX Reports Surge in Foreign Interest…
International Oil Petroleum

Oranto Petroleum Extends Licenses Offshore Uganda

Nigerian independent Oranto Petroleum – a prominent actor within Uganda’s emerging exploration scene – has secured a two-year extension to its Ngassa Deep and Ngassa Shallow exploration licenses from Uganda’s Ministry of Energy and Mineral Development. The extension will enable the company to drill an exploration and appraisal well. Oranto Petroleum was initially awarded the exploration license for the Ngassa asset in 2017. The license was one of three issued in the country’s first oil

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International News Oil

Equatorial Guinea Reaffirms OPEC Membership and Commitment to OPEC+ Goals

The Republic of Equatorial Guinea shares the same core values as OPEC/OPEC+, in its strategic positioning and vision in the world, but above all, in the constant objective of improving the standard of living of the people, to whom we owe a position of responsibility and solidarity, through a policy that imprints certainty in the ability of governments to plan their Economy, through policies that provide markets certainty, states Equatorial Guinea’s Minister of Mines and

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Oil Local News

ETU Energias SA Expands Holdings with 2.5% Stake Acquisition in PTTEP

In a strategic move to bolster its presence and investments, ETU Energias SA, formerly known as Somoil – Sociedade Petrolífero Angolana SA, has successfully concluded the acquisition of a 2.5% stake in the Thai company PTTEP, operating in Block 17/06 offshore Angola. The process, initiated back in December 2022, forms a critical part of ETU Energias SA’s growth strategy. The company signed the purchase and sale contract for this significant participatory interest, withholding the value

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Oil Gas Local News Petroleum

Sonangol increased production this year in the operated blocks

Sonangol reinforced its positioning in the Oil and Natural Gas sector, with an increase in production from operated blocks and the resumption of onshore oil exploration activity, declared the chairman of the Board of Directors, when announcing the relevant facts of the company’s evolution during the year. In a New Year’s message addressed to the company’s workers, released yesterday December 28, Sebastião Gaspar Martins highlights, in the field of onshore exploration (on land), the drilling

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Economy Local News

Portugal considered second largest Exporter to Angola in the third quarter of 2023

Angola’s current account balance remained in surplus, standing at US$2.5 billion in the third quarter of 2023, with Portugal being considered the second largest exporter to the country. According to the Balance of Payments and International Investment Position Report, cited by Lusa, referring to the third quarter of 2023 from the National Bank of Angola, the behavior of the current account was influenced, “essentially, by the increase in the balance of the goods account and

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International Oil Petroleum

TotalEnergies Extends Rig Contract, Targets West Africa

TotalEnergies has extended its contract with international drilling contractor Northern Ocean for the Deepsea Mira semi-submersible rig in West Africa. The French energy major has exercised its option for an 180-day extension – reaching Q4 in 2024 – which is poised to generate an additional revenue backlog of $68-75 million. The Deepsea Mira initially entered into a multi-country drilling contract with TotalEnergies in December 2022, yet encountered delays in equipment loading and essential maintenance during

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Oil International News

Africa’s Leading Oil Producers in 2023

Africa’s leading oil producers are seeking to increase their market share on the back of rising upstream investment and efforts to enhance production at existing fields. While output remains limited – with several African member countries falling below their OPEC production quotas – 2023 saw multiple discoveries made and new developments come online, which could serve to increase production baselines. In its “Monthly Oil Market Report,” OPEC highlights Africa’s top oil producers and sheds light

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Petroleum International News Oil

Nigeria’s Dangote refinery gets another 1 million barrels of crude oil from Shell

Dangote Oil Refining Company has received another 1 million barrels of oil from Shell International Trading and Shipping Company Limited (STASCO), as it plans to commence production of petroleum products. This shipment arrives two weeks after the receipt of the initial cargo, which consisted of one million barrels from NNPCL. The latest cargo, which sailed to the facility’s Single-Point Mooring (SPM) has increased total deliveries to about two million barrels. This oil batch constitutes a

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International News

Namibia to Host Inaugural Global African Hydrogen Summit in 2024

Namibia has been announced as the host country of the inaugural Global African Hydrogen Summit next September. According to the Namibia Investment Promotion and Development Board, the three-day summit will bring together global leaders, government officials, industry experts, project developers, investors and technologists to drive investments into bankable hydrogen and green energy projects. Green hydrogen is expected to play a crucial role in the global energy transition, particularly in hard-to-abate sectors like steel manufacturing and

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International News

UAE Makes Play for African Renewables

Home to 39% of global renewable energy potential, Africa’s green energy sector offers lucrative opportunities for foreign companies and developers looking to diversify their portfolios, in line with COP28 commitments. For the Middle East, the African continent offers Gulf countries the ability to establish themselves as renewable energy market leaders, while exercising technical expertise and generating returns on investment. Africa is only beginning to understand the full potential of its renewable energy resources. The African

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