Angolan Mining Oil & Gas - Page 28 of 389 - Top Angolan News for Oil, Gas and Mining Industries

Sonatrach Appoints Noureddine Daoudi as New CEO Following Leadership Shake-Up

4, November, 20254, November, 2025

Algeria’s Sonatrach Replaces CEO Rachid Hachichi with Noureddine Daoudi Amid Ongoing Energy Sector Restructuring Algerian state-owned energy giant Sonatrach has announced a major leadership change, with CEO Rachid Hachichi dismissed after two years in office, according to Algerian public television on Sunday evening. While the government did not immediately provide reasons for the decision, Hachichi, who assumed the role in October 2023, has been replaced by Noureddine Daoudi. The handover took place during an official

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Economy Local News

J.P. Morgan Resumes Dollar Clearing in Angola After Nine-Year Hiatus

4, November, 20254, November, 2025

J.P. Morgan Becomes First U.S. Bank to Restore Dollar Clearing in Angola, Signaling Confidence in Financial Reforms J.P. Morgan has become the first U.S. bank in nearly a decade to resume dollar clearing services in Angola, marking a major step in the country’s ongoing efforts to reconnect with global financial markets after years of isolation caused by corruption and compliance concerns. The move ends a nine-year absence of major U.S. banks from Angola, following their

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Corporate News International Oil

Chevron Explores Energy Expansion in Libya as Prime Minister Dbeibah Welcomes U.S. Delegation

4, November, 20254, November, 2025

Chevron Eyes New Investments in Libya’s Oil and Renewable Energy Sectors During High-Level Talks in Tripoli Prime Minister Abdul Hamid Dbeibah of the Government of National Accord (GNA) met on Tuesday with a senior delegation from Chevron Corporation to discuss opportunities for expanding the company’s operations in Libya. The talks covered oil exploration, renewable energy projects, and the transfer of technical expertise. The meeting, held in Tripoli, was attended by Minister of Oil and Gas

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Gas Local News Oil

Angola Announces Q4 2025 Oil and Gas Licensing Round to Sustain Output and Attract New Investment

4, November, 20254, November, 2025

Angola to Launch Major Oil and Gas Licensing Round in Late 2025 Angola is preparing to launch its next oil and gas licensing round in the fourth quarter of 2025, offering exploration blocks in the Kwanza and Benguela basins. Minister of Mineral Resources, Petroleum and Gas Diamantino Azevedo announced the move during the Angola Oil & Gas Conference and Exhibition, emphasizing that it forms part of the government’s broader strategy to sustain national oil production

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Diamonds Local News

Angola’s Diamond Output Surges to 10.7 Million Carats as Country Targets Record Year

4, November, 20254, November, 2025

Angola Diamond Production Hits 10.7 Million Carats in 2025 as Country Aims for Record 14.8 Million Angola’s rough diamond production reached 10.7 million carats in the nine months to September, according to government data released on Friday, as the southern African nation pushes toward another record year for output. The country — already the world’s third-largest diamond producer behind Russia and Botswana — achieved a record 14 million carats in 2024 and is now targeting

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Corporate News Diamonds Local

Angola Rules Out State Funding for Endiama’s De Beers Stake Purchase

3, November, 20253, November, 2025

Angola Rules Out Using National Budget to Fund Endiama’s Bid for De Beers Stake Angola will not use public funds to finance state-owned diamond company Endiama’s proposed acquisition of a stake in De Beers, Finance Minister Vera Daves de Sousa confirmed on Friday. Endiama has reportedly submitted a bid for a majority stake in De Beers, the diamond unit of Anglo American, according to a source familiar with the matter who spoke to Reuters on

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Renewable Energy International News

AfDB Approves $14.5 Million to Power Zambia’s Clean Energy Transition with New Solar Project

3, November, 20253, November, 2025

African Development Bank Funds $14.5 Million Solar Project to Boost Zambia’s Renewable Energy and Cut Power Shortages The African Development Bank Group (AfDB) has approved a $14.54 million financing package to support the Garneton North 20-megawatt solar power project in Zambia’s Copperbelt Province — a key milestone in the country’s shift toward renewable energy and energy security. The financing includes $7.27 million from the Bank’s own resources and an equal amount in concessional funding from

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Local News Transport and Logistics

Angola Seeks $4.5 Billion to Build Rail Link Connecting Zambia’s Copperbelt

2, November, 202519, January, 2026

Angola Secures International Support for $4.5B Zambia-Lobito Rail Corridor to Boost Copper Trade Angola sought $4.5 billion in funding to construct an ambitious rail link to Zambia’s copper-rich region, Transport Minister Ricardo Viegas d’Abreu said. Italy committed $320 million to the project, while the African Development Bank pledged $500 million, d’Abreu told reporters Wednesday on the sidelines of a conference in Luanda, Angola’s capital. He also noted that the Egyptian government had recently expressed interest

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Transport and Logistics International

Tanzania Port Closure Disrupts African Copper Shipments to China

2, November, 20252, November, 2025

Election Unrest in Tanzania Temporarily Halts Copper Exports, Forcing Rerouting to Durban, Walvis Bay, and Beira African copper shipments to China were disrupted by the temporary closure of the Port of Dar es Salaam in Tanzania following election-related unrest. Copper traders and producers in the Central African Copperbelt sought alternative routes for their cargoes, leading to congestion at other ports, including Durban in South Africa, according to multiple market sources. The closure also meant that

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Corporate News Gas International Oil

BP Confirms New Oil and Gas Discovery in Namibia’s Orange Basin

2, November, 20252, November, 2025

BP and Eni’s Azule Energy Uncover Major Gas Condensate Discovery in Namibia’s Orange Basin BP has confirmed a significant oil and gas discovery in Namibia’s Orange Basin, a frontier region that has rapidly become one of the most promising exploration zones in the world. The UK-based energy major, through Azule Energy—its 50/50 joint venture with Italy’s Eni—validated preliminary findings from the Volans-1X exploration well, initially reported earlier this month by Rhino Resources, the project operator.

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