Vital Industry News
Africa Positions Itself as Key LNG Supplier to Europe Amid Global Energy Shifts Nigeria’s Petrol Imports Plunge as Dangote Refinery Dominates Local Supply Ghana’s Damang Gold Mine Transitions to Local Ownership Under Engineers and Planners 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
International Gas News

Africa Positions Itself as Key LNG Supplier to Europe Amid Global Energy Shifts

Corporate News International Oil Petroleum

Nigeria’s Petrol Imports Plunge as Dangote Refinery Dominates Local Supply

Corporate News Gold International

Ghana’s Damang Gold Mine Transitions to Local Ownership Under Engineers and Planners

More Angolan Mining News

International Gas News

Africa Positions Itself as Key LNG Supplier to Europe Amid Global Energy Shifts

Africa Expands LNG Exports to Europe as Demand Rises Amid Energy Supply Uncertainty Africa is…
Corporate News International Oil Petroleum

Nigeria’s Petrol Imports Plunge as Dangote Refinery Dominates Local Supply

Nigeria Cuts Petrol Imports as Dangote Refinery Meets 92% of Fuel Demand Nigeria recorded a…
Corporate News Gold International

Ghana’s Damang Gold Mine Transitions to Local Ownership Under Engineers and Planners

Ghana’s Damang Mine Set for Local Takeover as Engineers and Planners Prepares Operations Ghana’s mining…
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,…
Economy News Oil

Angola’s Oil Exports Soar, Bringing in Over $40 Billion in Revenue for 2022

Angola’s export of 395.99 million barrels of crude oil made it possible to obtain revenue of US$40.4 billion, at an average price of USD 101.77 per barrel, during the 2022 financial year. The amount of crude oil exported during this period exceeded that of 2021, in which the export of 394.22 million barrels of crude oil was registered, resulting in revenue of 24.5 billion dollars. According to the report on the Mineral Resources, Oil, and

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Diamonds News

Top 10 Diamond producing countries in Africa

It is no secret that Africa is rich in valuable minerals crucial for economic development, ranging from extensive oil reserves to lush agricultural lands. The continent possesses about 30% of the world’s total mineral reserves, including gold, copper, platinum, cobalt, uranium, lithium, and more, all of which play pivotal roles in diverse industries, from electronics and infrastructure to energy production. What is fascinating is that these mineral riches are not concentrated in one specific region

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Economy Gold International News

Shanta Records Consistent Production Performance in Q3

The Aim-listed gold producer, developer, and explorer, Shanta Gold, has reported steady gold production in line with expectations in its production and operational results for the quarter ended September 30. The report covers the company’s East African assets, comprising the New Luika and Singida gold mines, in Tanzania and the West Kenya project, in Kenya. “Our performance over the third quarter demonstrates the stable and reliable production volumes we have worked hard to achieve, with

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Economy News

Venezuela Faces Challenges in Rapidly Boosting Production

Venezuela will not be able to increase production rapidly After the United States lifted sanctions on Venezuelan oil, analysts are assessing the possible impacts of this move in the face of the supply constraints from the Organization of the Petroleum Exporting Countries (OPEC), which have been affecting prices in the market. Venezuelan oil is more viscous – it still needs to be blended with other lighter oils for use. © Photo by: DR Due to

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Economy Local News

Oil Rises for the Second Consecutive Week

The scare projected for the oil trade due to the war between Israel and the Hamas group caused oil prices to rise for the second consecutive week, although the absence of any real disruption in barrels leaving the Middle East is also giving rise to permanent volatility. Both U.S. crude oil and Brent, its UK counterpart, jumped nearly 2% at one point on Friday before giving it all back and ending the day in the

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Diamonds International News

Petra sales fall as Diamond market continues to falter

PETRA Diamonds continued to suffer the effects of declining market prices reporting second tender sales of $40.9m – 49% lower than the first tender sales of its 2024 financial year. However, there are mitigating factors when comparing the two tenders. The previous, the first of the year, was effectively a catch-up as Petra had delayed sales from earlier tenders that occurred in the previous financial year. Carats sold totalled 444,029 carats in the second tender

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Diamonds International News

Zimbabwe’s biggest Diamond miner shifts sales to Dubai auctions

Zimbabwe’s biggest diamond producer has shifted almost all of its sales to Dubai, targeting cutters, polishers and traders and eliminating middlemen. Zimbabwe Consolidated Diamond Co. has auctioned 4 million carats of stones so far this year in the emirate, up from 850,000 carats for the whole of 2022. The state-owned miner is targeting revenue of $1 billion by 2030, according to Sales and Marketing Manager Enock Moyo. Three auctions held in Dubai have attracted an

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Diamonds Local News

Minister of Mineral Resources Calls for Unified Efforts to Safeguard Natural Diamond Resources

The natural diamonds producers should be more aligned in order to improve the management and protection of these resources, said the Minister of Mineral Resources, Oil and Gas. Diamantino Azevedo was speaking in Luanda at the opening of the meeting of the Ad-hoc Committee for the Review and Reform of the Kimberley Process Certification System, where he stressed the need for better organization, from an environmental and management point of view, in order to reduce

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Diamonds Local News

ENDIAMA Engages in Capital Markets and Pension Funds Workshop

ENDIAMA is continuing its commitment to training human capital in order to better respond to the challenges of the present and the future, said  recently in Luanda the executive director for Mining Operations, Administration and Human Resources of the country’s second largest company. Domingos Margarida was speaking during the 2nd edition of the workshop on Capital Markets, Insurance and Pension Funds, aimed at ENDIAMA- E.P. employees and collaborators, organized by the Capital Markets Commission, in

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Local News Oil Petroleum

Lobito Refinery Investment Tender Launches, Aims for 200,000 BPD Capacity

The Angolan government is pressing ahead with plans for the Lobito refinery, which will have the capacity to process up to 200,000 barrels of oil per day. The national oil company, Sonangol, recently initiated a public tender for investment in the refinery, marking a significant step in the project’s development. Sonangol has already completed various essential phases of the project, including an economic feasibility study, reevaluation of the feed, dredging of Lobito Bay, embankment preparation,

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