Egypt Discovers Major Natural Gas Reserves in the Western Desert

Egypt Uncovers Significant Natural Gas Discovery in Western Desert’s Badr-15 Sector Egypt’s Ministry of Petroleum and Mineral Resources has announced a major natural gas discovery in the country’s Western Desert, marking another step forward in efforts to boost domestic energy production and reduce dependence on imports. The find was made by Badr El Din Petroleum Company (BAPETCO) at the Badr-15 sector, following successful drilling at the BED 15-31 exploration well. According to the ministry, the

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AfDB Approves $14.5 Million to Boost Zambia’s Renewable Energy with 20MW Garneton North Solar Project

African Development Bank Invests $14.5 Million in Zambia’s 20MW Garneton North Solar Project to Power 82,000 People The African Development Bank (AfDB) has approved a $14.54 million financing package to support the 20MW Garneton North Solar Project in Zambia’s Copperbelt Province, a key step in advancing the country’s renewable energy capacity and addressing its persistent power shortages. Once operational, the project will deliver clean and reliable electricity to approximately 82,000 people, while reducing annual carbon

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Halliburton Secures Contract from Shell for HI Gas Project Offshore Nigeria

Halliburton Wins Shell Contract for HI Gas Project to Boost Nigeria’s LNG Supply Halliburton has announced that the Shell Nigeria Exploration and Production Company (SNEPCo) has awarded it a major contract to deliver integrated drilling services for the HI gas project, located in the shallow waters of OML 144 off the Niger Delta coast. The Houston-based oilfield services company said it will deploy remote operations and automated drilling technologies to enhance safety, reduce operational costs,

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Nigeria Secures $500 Million for Solar Manufacturing Plants, Begins Exporting Panels to Ghana

Nigeria Invests $500 Million to Boost Solar Manufacturing and Export Locally Made Panels to Ghana Nigeria’s Minister of Power, Adebayo Adelabu, has announced that the Federal Government, in collaboration with state governors and private investors, has secured about $500 million to establish solar manufacturing plants across the country. Adelabu revealed that Nigeria has begun exporting locally produced solar panels to Ghana, marking a major milestone in the nation’s push toward renewable energy independence and regional

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Libya’s NOC Announces Major Oil Discovery in Ghadames Basin

Libyan National Oil Corporation Discovers New Oil Well Producing 4,675 Barrels Daily in Ghadames Basin The Libyan National Oil Corporation (NOC) has announced a significant oil discovery in an exploratory well located south of the Western Mountain in the Ghadames Basin, approximately 450 kilometers southwest of Tripoli. According to the NOC, the newly drilled well is estimated to produce around 4,675 barrels of crude oil and 2 million cubic feet of natural gas per day.

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Chevron Expands West African Portfolio with Offshore Exploration in Guinea-Bissau

Chevron to Explore Offshore Oil and Gas in Guinea-Bissau’s MSGBC Basin Chevron has announced plans to explore oil and gas reserves offshore Guinea-Bissau, targeting two key blocks within the highly prospective MSGBC Basin. The MSGBC Basin spanning Mauritania, Senegal, The Gambia, Guinea-Bissau, and Guinea-Conakry has become one of West Africa’s most promising hydrocarbon regions, attracting significant industry attention after several major discoveries in recent years. Liz Schwarze, Chevron’s Vice President for Exploration, expressed enthusiasm about

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De Beers Q3 Diamond Production Surges 38% Led by Botswana Mines

De Beers Reports 38% Increase in Q3 Diamond Output, Driven by Jwaneng Mine Diamond miner De Beers produced 7.7 million carats in the third quarter ended September 30, marking a 38% year-on-year increase. The growth was primarily driven by higher output from its Jwaneng mine in Botswana. Operations in Botswana saw a 51% year-on-year rise in diamond production, totaling six million carats for the quarter. De Beers attributed the increase to the processing of higher-grade

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Zambia Launches $245 Million, 200 MW Solar Project to Boost Clean Energy

Zambia Breaks Ground on 200 MW Solar Plant in Mumbwa to Reduce Hydropower Dependence Zambia has taken a major step toward energy diversification with the groundbreaking of a US$245 million, 200-megawatt solar power plant in Chief Moono’s Chiefdom, Mumbwa District. The ceremony was officiated by Minister of Energy, Honourable Makozo Chikote, MP, who described the project as a milestone in Zambia’s transition toward renewable energy and reduced reliance on hydropower. Minister Chikote highlighted that several

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De Beers Appoints Kevin Smith as Interim COO Following Burger Greeff’s Retirement

De Beers Names Kevin Smith Interim COO as Veteran Executive Burger Greeff Retires De Beers has appointed Kevin Smith, currently Executive VP of Corporate Affairs & Strategy, as interim Chief Operating Officer (COO), effective 1 December 2025. He succeeds Burger Greeff, who is retiring after 30 years with the group. “As COO, Burger has brought integrity, strategic foresight, and unwavering commitment to our purpose. His contributions have helped shape our operations and inspired many across

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Botswana and Angola Explore Joint Bid for De Beers Amid Diamond Industry Shake-Up

Botswana and Angola Meet to Discuss Cooperation on De Beers Sale as Africa’s Diamond Market Shifts Botswana and Angola held high-level talks in Gaborone, Botswana, as both countries position themselves to gain control of De Beers, the diamond unit that Anglo American is selling as part of a corporate restructuring. Botswana’s Mines Minister Bogolo Joy Kenewendo and Angola’s Mineral Resources Minister Diamantino Pedro Azevedo met privately for approximately 40 minutes before making brief comments to

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