Vital Industry News
Angola Signs New Onshore Oil Contracts to Boost Medium-Term Production BW Energy Secures $500 Million Facility to Boost Development and Production Growth Libya Restarts Methanol Production After Seven-Year Hiatus Angola’s Exports to China Drop 16.4% Amid Wider Lusophone Trade Decline Namibia’s Orange Basin Drives Surge in Foreign Direct Investment (FDI) in Q4 2024 Namibia’s Offshore Oil Discoveries Face Challenges Due to High Gas Content Scatec Signs 25-Year PPA for 120MW Sidi Bouzid II Solar Plant in Tunisia Africa Energy Bank Gains Momentum with Key Contributions from Nigeria, Angola, and Ghana Aradel Holdings Expands Upstream Portfolio with $19.5 Million Acquisition of Olo Fields Galp Sells Mozambique LNG Assets to ADNOC Unit in $881 Million Deal
Angola Signs New Onshore Oil Contracts to Boost Medium-Term Production BW Energy Secures $500 Million Facility to Boost Development and Production Growth Libya Restarts Methanol Production After Seven-Year Hiatus Angola’s Exports to China Drop 16.4% Amid Wider Lusophone Trade Decline Namibia’s Orange Basin Drives Surge in Foreign Direct Investment (FDI) in Q4 2024 Namibia’s Offshore Oil Discoveries Face Challenges Due to High Gas Content Scatec Signs 25-Year PPA for 120MW Sidi Bouzid II Solar Plant in Tunisia Africa Energy Bank Gains Momentum with Key Contributions from Nigeria, Angola, and Ghana Aradel Holdings Expands Upstream Portfolio with $19.5 Million Acquisition of Olo Fields Galp Sells Mozambique LNG Assets to ADNOC Unit in $881 Million Deal
Local News Oil

Angola Signs New Onshore Oil Contracts to Boost Medium-Term Production

International

BW Energy Secures $500 Million Facility to Boost Development and Production Growth

International

Libya Restarts Methanol Production After Seven-Year Hiatus

More Angolan Mining News

Local News Oil

Angola Signs New Onshore Oil Contracts to Boost Medium-Term Production

The National Oil, Gas and Biofuels Agency (ANPG) has signed two new contracts with three…
International

BW Energy Secures $500 Million Facility to Boost Development and Production Growth

BW Energy has secured a Reserve-Based Lending (RBL) facility of up to US$500 million to…
International

Libya Restarts Methanol Production After Seven-Year Hiatus

Libya’s Sirte Oil and Gas Company, a subsidiary of the National Oil Corporation, has successfully…
Local Economy News

Angola’s Exports to China Drop 16.4% Amid Wider Lusophone Trade Decline

Angola’s exports to China fell by 16.4% to USD 2.37 billion in the first two…
International News Oil

Namibia’s Orange Basin Drives Surge in Foreign Direct Investment (FDI) in Q4 2024

Exploration activity in Namibia’s Orange Basin has led to a significant rise in foreign direct…
International Gas Oil

Namibia’s Offshore Oil Discoveries Face Challenges Due to High Gas Content

Namibia's promising offshore oil discoveries are facing a significant obstacle to full-scale development due to…
Diamonds Oil Petroleum Renewable Energy

Pumangol Joins Angola Oil & Gas (AOG) 2022 as Bronze Sponsor

The leading fuel retailer will participate as a Bronze Sponsor of Angola Oil & Gas 2022, as the country spearheads the progressive expansion and liberalization of its downstream sector Energy Capital & Power (ECP) (EnergyCapitalPower.com) is honored to announce Pumangol – Angola’s leading fuel retailer – as a Bronze Sponsor of the upcoming Angola Oil & Gas (AOG) (https://bit.ly/3UyBCpP) 2022 Conference & Exhibition, taking place on November 29 – December 1 in Luanda. We are

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Economy Oil

Angola grows 3.1 percent

The World Bank’s prospects for Angola are more favorable than the previous ones, having increased this year’s growth projection to 3.1 percent, against the 2.9 presented in April. In the report released yesterday from Johannesburg, South Africa, by Reuters, the World Bank justifies the upward revision due to the benefits generated to national accounts by the high prices of a barrel of oil. The economy of Sub-Saharan Africa, on the whole, is expected to grow

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Economy Energy Oil Renewable Energy

OPEC+ lowers oil supply by two million barrels a day

The reduction in oil production announced this Wednesday by the OPEC+ group corresponds to the biggest cut in supply since May 2020. According to Reuters experts, the decision is likely to anger the administration of US President Joe Biden and prompt the US response. The note sent to Citi markets, which Reuters refers to, explains that the OPEC+ alliance, led by Saudi Arabia and Russia, decided, in Vienna, to reduce oil production by two million

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Economy Energy Gas Renewable Energy

Rekindling the Passion and Energy

New Eskom board chairman Mpho Makwana shared his views on the just transition, securing South Africa’s energy needs, and getting Eskom fired up again New Eskom board chairman Mpho Makwana gave an interview on the side-lines of the Green Energy Africa Summit (GEAS) (https://GreenEnergyAfricaSummit.com/) in Cape Town. Speaking only days after the new Eskom board was appointed, he shared his views on the just transition, securing South Africa’s energy needs, and getting Eskom fired up again. We

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Economy Energy Gas Oil

Major opportunities in African gas, Africa Oil Week hears

Recent natural-gas discoveries leave Africa well positioned to take advantage of the trend towards decarbonisation CAPE TOWN, South Africa, October 6, 2022/APO Group/ —  As the energy industry decarbonises its operations, natural gas is becoming an ever more important part of the energy mix – opening up a range of opportunities for the African gas industry. “Sometimes, oil is even seen as a by-product of gas,” remarked Luca Vignati, upstream director of global energy company

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Economy Energy Gas Mining Oil

Falcon Oil Holding Angola to Participate at Angola Oil & Gas (AOG) 2022 as Gold Sponsor

Angolan oil and gas company, Falcon Oil Holding Angola S.A., will participate at this year’s AOG 2022 Conference and Exhibition as a gold sponsor Angolan oil and gas exploration and production company, Falcon Oil Holding Angola S.A., will participate at this year’s Angola Oil & Gas (AOG) (bit.ly/3RIrAQ1) 2022 Conference and Exhibition – taking place in Luanda on 29-30 November and 1 December – as a gold sponsor, demonstrating the event’s high-level participation among key regional energy

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Economy Gas Oil

Cabinda Shipping Services (CABSHIP) Confirms as a Bronze Sponsor for Angola Oil & Gas 2022

Cabinda Shipping Services will be shaping midstream, downstream and local content development discussions as a bronze sponsor at Angola Oil & Gas 2022 Energy Capital & Power (ECP) (https://EnergyCapitalPower.com) is proud to announce that Angola-based global logistics and supply chain management company, Cabinda Shipping Services (CABSHIP) (https://CABSHIP.co.ao), will be attending and participating as a bronze sponsor at this year’s edition of the Angola Oil & Gas (AOG) (https://bit.ly/3UyBCpP) conference and exhibition, set to take place from November 29 – December 01,

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Energy International Renewable Energy

Private power booms as green energy attracts finance

International investors are also being attracted by Africa’s renewable-energy opportunities Private power is booming. This was the message from Rand Merchant Bank (RMB) CEO Emrie Brown at the Green Energy Africa Summit (GEAS) (https://GreenEnergyAfricaSummit.com/), taking place at the Cape Town International Conference Centre from October 4-5. Brown was speaking during a successful first day of the Summit, which drew hundreds of local and international delegates. Brown identified a growing trend for metros and private companies to

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Diamonds Economy Mining

FB urged to invest in preserving the cultural identity of the regions

The General Director of Memorial Dr. António Agostinho Neto, António Fonseca urged the Brilhante Foundation to “guide for more actions aimed at culture and the arts, with a view to safeguarding the cultural identity of the communities surrounding the diamond mining areas”. António Fonseca was speaking on the occasion of the launch of the literary work “The cultural thought of Dr. Agostinho Neto” which took place on the 30th of September on the occasion of

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Economy Energy

Clarence Seedorf, and Ndaba Mandela to Host a Black Impact Foundation (BIF) – Thought-Provoking Roundtable at African Energy Week (AEW) 2022

The Black Impact Foundation – a sponsor of the AEW 2022 Just Energy Transition Concert – will be hosting a roundtable on October the 20th at AEW 2022 to discuss how Africa can drive energy sector growth and socioeconomic development by leveraging its vast human and local resources Africa’s vast yet largely unexploited human and natural resources – including an estimated 125.3 billion barrels of crude oil and 620 trillion cubic feet of gas reserves

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