Angolan Mining Oil & Gas - Page 260 of 391 - Top Angolan News for Oil, Gas and Mining Industries

Oil International Petroleum

Dangote Refinery to Launch Diesel and JetA1 in Early 2024

12, December, 202312, December, 2023

The Dangote refinery will start the production of Automotive Gas Oil (diesel) and JetA1 (aviation fuel) in January 2024. However, the production of Premium Motor Spirit popularly called petrol is being delayed by the supply of crude oil in instalments. This is because the facility requires a minimum of six million barrels of crude oil to kick-start the full production of refined petroleum products including Automotive Gas Oil (diesel), Premium Motor Spirit (petrol), Jet A1

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International Oil Petroleum

Niger to begin Oil exports via Benin Pipeline in January

12, December, 202312, December, 2023

Niger expects to export its first barrels of crude oil through a newly established Niger-Benin pipeline in January, as stated by the country’s military leader, Abdourahamane Tiani, on state television. The export pipeline project, supported by PetroChina, was inaugurated on November 1, connecting Niger’s Agadem oilfield to the Benin port of Cotonou, Reuters reported. Tiani mentioned in an interview on Niger’s RTS channel on Sunday that the storage tanks in Cotonou are currently being filled

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Mining Gas Local News Oil

First Oil well to be Drilled in Nambile in 2024

12, December, 202312, December, 2023

The Ministry of Mineral Resources, Oil, and Gas convened a crucial seminar in Moçâmedes since Monday December 11th, focusing on investment prospects within Namibe province’s sector. Notably, this gathering anticipates the imminent commencement of offshore oil exploration. Under the theme “Sustainable Exploration of Mineral Resources, Oil, and Gas,” the seminar concludes today following comprehensive presentations on the province’s potential. The agenda featured an exhibition spotlighting equipment crucial for preventing and managing oil spills during exploration.

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Gas International News Oil

Invictus Energy Announces Gas Discovery Onshore Zimbabwe

11, December, 202311, December, 2023

Australian-listed independent oil and gas company, Invictus Energy, has made a gas discovery at the Mukuyu-2 well in Zimbabwe. Representing the second exploration well drilled at the onshore Cabora Bassa Project, the find has opened up the basin, which represents one of the largest underexplored interior rift basins in Africa. Located seven kilometers from the Mukuyu-1 well, the Mukuyu-2 well was spudded in Q3 2023, with a total of four hydrocarbon samples recovered from two

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Local News Oil

Oil sales from Angola to Spain doubled to 548 thousand tons in October

11, December, 202311, December, 2023

Official data from the Spanish energy regulator, CORES, as reported by Bloomberg, reveals a substantial spike in Angola’s oil imports in October, hitting the highest volume since August 2018. This surge saw imports doubling compared to the same period in 2022, reaching a notable 548 thousand tons. Brazil, maintaining its stronghold as Spain’s primary oil provider for the fourth consecutive month, outpaced the United States in October. Post-Brazil, the most significant oil suppliers to Spain

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Energy International

West Africa’s Energy Transition Offers $1T+ in Investment Opportunities

11, December, 202311, December, 2023

West Africa is home to a diverse landscape of energy players, from mature petroleum producers to emerging gas frontiers. For established markets, the energy transition requires decarbonizing and optimizing existing operations, while bringing renewable energy and carbon capture technologies to the forefront. Meanwhile, frontier markets are seeking to build sustainable energy mixes from the ground up, relying on integrated gas developments to fuel their transition. As a result, an array of partnership and investment opportunities

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Local Gas News Oil Petroleum

TotalEnergies Inks Methane Reduction Agreement with Sonangol

11, December, 202311, December, 2023

French multinational energy corporation, TotalEnergies, signed a cooperation agreement with Angolan national oil company (NOC), Sonangol, during COP 28 in Dubai to support the detection and reduction of methane emissions in Angola’s oil and gas industry. The agreement enables Sonangol to utilize TotalEnergies’ Airborne Ultralight Spectrometer for Environmental Applications (AUSEA) technology – a miniature dual sensor capable of detecting methane and carbon dioxide emissions. Developed by the French major alongside partners Centre national de la

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Diamonds International Mining News

Botswana Diamonds to undertake next stage Exploration near its KX36 project

11, December, 202311, December, 2023

Diamond company Botswana Diamonds will embark on follow-up ground geophysics on four anomalies that were identified contiguous with the company’s KX36 project in the Kalahari, in Botswana. They were identified by the heavy mineral train flowing from KX36 where it is thought that there may be undiscovered buried kimberlites in the vicinity of KX36 as kimberlites generally occur in clusters and not in isolation. The KX36 project is a 3.5 ha kimberlite pipe in the

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Diamonds International News

Rough Prices on the Mend at Latest Petra Tender

11, December, 202311, December, 2023

Petra Diamonds’ rough prices have started to rebound, initial results from its latest tender indicated. The first part of the trading session brought in $58.7 million from the sale of 462,794 carats, at an average price of $127 per carat, Petra said last week. Prices were 20% higher on a like-for-like basis — comparing similar categories of diamonds — than at the fiscal year’s second tender, which ended in October. Prices of rough under 2

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Diamonds International News

Anglo American to Cut De Beers’ Overheads by $100M

11, December, 202311, December, 2023

Anglo American will slash De Beers’ budgets in response to the diamond-market downturn, the parent company said last week. “At De Beers, we are taking a different approach as the business has performed very well operationally. What’s gone against us is the market,” Anglo CEO Duncan Wanblad said at the group’s annual investor update. “Demand and prices for diamonds have fallen as global GDP [gross domestic product] growth has fallen.” The current downturn is likely

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