Vital Industry News
Libya’s Arabian Gulf Oil Company Launches Production at Z-13 Well in Al-Bayda Field De Beers Board Member Matome Tsholetsa Malema Passes Away Sodiam Raises $25.8 Million in 16th Rough Diamond Auction Shell Reaffirms Commitment to Reviving Angola’s Oil Production Sonangol Oil Tanker Damaged by Explosion Near Iraqi Port Angola and Namibia Advance Energy Cooperation with Focus on Electricity Interconnection Oil Hits Multi-Year High as Iran Conflict Escalates, Boosting Vegoils and Aluminium Ghana Prepares Alternative Gold Export Routes Amid Dubai Flight Disruptions Global Oil Prices Surge Amid Rising Tensions in the Middle East Middle East Tensions Send Oil Prices Higher, Raising Inflation Risks for Africa
International News Oil Petroleum

Libya’s Arabian Gulf Oil Company Launches Production at Z-13 Well in Al-Bayda Field

Corporate News Diamonds International Mining Personality

De Beers Board Member Matome Tsholetsa Malema Passes Away

Corporate News Diamonds Local

Sodiam Raises $25.8 Million in 16th Rough Diamond Auction

More Angolan Mining News

International News Oil Petroleum

Libya’s Arabian Gulf Oil Company Launches Production at Z-13 Well in Al-Bayda Field

Libya Starts Production at Z-13 Well in Al-Bayda Field as AGOCO Expands Oil Output Arabian…
Corporate News Diamonds International Mining Personality

De Beers Board Member Matome Tsholetsa Malema Passes Away

De Beers Board Member and Minerals Development Company Botswana CEO Matome Tsholetsa Malema Dies Global…
Corporate News Diamonds Local

Sodiam Raises $25.8 Million in 16th Rough Diamond Auction

Angola’s Sodiam Generates $25.8 Million in Rough Diamond Auction, Surpassing Expectations Angola’s National Diamond Trading…
Corporate News Oil Petroleum

Shell Reaffirms Commitment to Reviving Angola’s Oil Production

Shell Pledges Support for Angola’s Oil Production Revival as Company Returns After 20 Years Shell…
Corporate News Local Oil

Sonangol Oil Tanker Damaged by Explosion Near Iraqi Port

Sonangol Tanker Hit by Explosion Near Iraq’s Khor al Zubair Port; Crew Safe and Vessel…
Local Energy News

Angola and Namibia Advance Energy Cooperation with Focus on Electricity Interconnection

Angola and Namibia Strengthen Energy Ties, Discuss Power Interconnection and Baynes Hydroelectric ProjectAngola and Namibia…
Local News Renewable Energy

U.S. Commits $2 Billion for Renewable Energy Projects in Angola

The President of the American Chamber of Commerce in Angola (AmCham), Pedro Godinho, announced in Luanda last week that the United States government has approved a $2 billion investment in renewable energy projects across Benguela, Cuando Cubango, Moxico, and Namibe provinces. During President João Lourenço’s ongoing visit to the United States to bolster economic and commercial ties, Pedro Godinho highlighted the U.S. government’s commitment to finance these projects, signaling the Biden administration’s keen interest in

Loading

Read More Here

Local News Oil Petroleum

AFC Invests $60 Million in Angola’s Etu Energias to Bolster Oil Reserves Acquisition

The Africa Finance Corporation (AFC) has undertaken a strategic investment of $60 million in Etu Energias, Angola’s largest private oil company, forming part of a $190 million debt facility. This initiative aims to facilitate the company’s acquisition of oil and gas reserves jointly owned by TotalEnergies and INPEX Corporation. Upon the completion of this acquisition, Etu Energias will secure a 20% stake in deepwater Block 14 and a 10% interest in deepwater Block 14K, located

Loading

Read More Here

International Oil Petroleum

Dangote Refinery to be Listed on Nigerian Exchange

Nigeria’s Dangote Refinery is set to be publicly listed on the Nigerian Exchange Limited following the resolution of supply challenges. Announced by Aliko Dangote, CEO of project developer and operator the Dangote Group, the move to publicly list is centered on a broader strategy to increase the company’s valuation while generating positive investor interest in the facility. Launched in May 2023, the Dangote Refinery has the capacity to produce up to 650,000 barrels per day

Loading

Read More Here

Diamonds News

Rio Tinto Backs Out of Canada Diamond Project

Rio Tinto will transfer its 75% share in the Saskatchewan Fort à la Corne project to Star Diamond Corporation as it moves its exploration primarily to metals and minerals. In exchange, Rio Tinto will up its stake in Star Diamond to 19.9% from its previous 2.3% share, Star Diamond said Wednesday. The Australian miner will also pay Star Diamond CAD 4 million ($2.9 million) to remove itself from the project and will transfer ownership of

Loading

Read More Here

Diamonds International News

Lucara Diamond Corp Outlines Production and Expansion Plans for 2024

Lucara Diamond Corp, under the new leadership of CFO Glenn Kondo effective January 1, anticipates a diamond output ranging between 345,000 and 375,000 carats in 2024, extracted from 3.6 to 4.6 million tonnes of ore. These figures align with the mine’s past operational performance. The company, operating the Karowe mine in Botswana, recently revised down its 2023 production guidance to a range of 395,000 to 405,000 carats, marking a slight adjustment from the initial estimate

Loading

Read More Here

International Energy Infrastructure News

Germany and Italy to Develop North Africa Pipeline Project

Germany and Italy are set to collaborate on the construction of a hydrogen pipeline stretching from North Africa to southern Germany. German Chancellor Olaf Scholz and Italian Prime Minister Giorgia Meloni formalized this partnership through the signing of an Action Plan for Strategic Cooperation, reinforcing energy ties between the two nations. The plan outlines the intention to progress the construction of new gas and hydrogen pipelines connecting Germany and Italy via Austria or Switzerland, with

Loading

Read More Here

International Gas News Oil

Ghana Commissions Sentuo Pipeline

The West African Gas Pipeline Company – the limited liability company that owns and operates the West African Gas Pipeline (WAGP) – has commissioned the interconnected pipeline in Ghana to the Sentuo Oil Refinery project in Tema. First gas officially flowed from the Tema Regulating & Metering Station through the pipeline to the refinery project, representing a key step towards starting operations at the 120,000 barrel per day plant. “This will enable us to complete

Loading

Read More Here

International Gas Oil Petroleum

Ivory Coast: Eni Commits $10 Billion Investment in Offshore Baleine Field

Oil and gas supermajor, Eni, will invest $10 billion toward the development of the Baleine field offshore Ivory Coast. The investment will be made in three phases between 2023 and 2027 and will result in the production of 200,000 barrels of crude oil per day (bpd). Oil and gas production from the field began in late-August 2023, two years after the field’s discovery. Estimated to contain up to 2.5 billion barrels of oil and 3.3

Loading

Read More Here

International Gas News

Japanese and Mozambique Officials Collaborate to Reignite African LNG Development

Japanese Foreign Minister Yoko Kamikawa and her Mozambique counterpart, Veronica Macamo, have forged an agreement to collaborate on revitalizing the liquefied natural gas (LNG) development in Mozambique. Japanese entities have invested significantly in the Mozambique LNG project, known as the largest on the African continent. Unfortunately, construction faced interruptions due to escalated public unrest in Mozambique. During their meeting in Tokyo, Minister Kamikawa emphasized her commitment to deepening cooperation between their nations, aiming to “uphold

Loading

Read More Here

Diamonds International News

Botswana Diamonds Initiates £380,000 Share Placement to Fund Exploration Activities

Aim-listed Botswana Diamonds recently initiated a share placement and subscription, targeting both existing and new investors. The objective is to raise £380,000 through the issuance of 76 million new ordinary shares priced at £0.0025 each, with a placing price of 0.5p per share. Each of the newly placed shares comes with a warrant, granting the holder the right to subscribe for an additional new ordinary share at 0.5p per share within a two-year period from

Loading

Read More Here

1 … 260 261 262 263 264 … 390

You have successfully subscribed to the AMG Weekly newsletter

There was an error while trying to send your request. Please try again.

Angolan Mining Oil & Gas will use the information you provide on this form to be in touch with you and to provide updates and marketing.