Angolan Mining Oil & Gas - Page 284 of 390 - Top Angolan News for Oil, Gas and Mining Industries

Local Oil Petroleum

Oil company invests in offshore Projects in Angola and Guyana

27, September, 202327, September, 2023

The company Oceaneering International announced the signing of two contracts worth 100 million US dollars for the provision of offshore support services, in oil and gas projects, in Angola and Guyana (overseas region of France on the Northeast coast of South America). According to news on the PetroAngola website, in the first contract, Oceaneerin will provide transport and installation services as part of the project to extend the useful life of the Girassol field offshore

Read More Here

Diamonds Local News

ENDIAMA takes half-yearly stock of Diamond Production

27, September, 202327, September, 2023

ENDIAMA has held a meeting, last month in Dundo- Lunda Norte province, to take stock of the half-yearly diamond production of the mining companies operating in Angola. In addition to maximizing the exchange of experiences, the aim of the meeting was to evaluate the functioning and discuss the procedures applied by the diamond producing companies. The event was led by the Chairman of the Board of Directors of ENDIAMA- E.P, Ganga Júnior, and was also

Read More Here

Diamonds International

Christie’s Sets $50M Price Tag for Blue Diamond

27, September, 202327, September, 2023

A fancy-vivid-blue diamond with a high estimate of $50 million will be the star of an upcoming Geneva jewelry auction at Christie’s. The pear-shaped, 17.61-carat Bleu Royal diamond is the largest internally flawless gem of its color ever to appear at auction, Christie’s said Monday. It will headline the November 7 Magnificent Jewels sale. The stone has spent the past 50 years in a private collection. Now set in a ring, it is entering the

Read More Here

Diamonds International

Petra Diamonds Slides to Loss in ‘Subdued’ Market

27, September, 202327, September, 2023

Petra Diamonds gave a downbeat outlook after weak rough demand drove the company into the red in the most recent financial year. Revenue slid 42% to $325.3 million for the 12 months that ended June 30, the miner reported Friday. Sales volume dropped 33% to 2.3 million carats, with the average price falling 14% to $139 per carat. The slump reflected decrease in production, the deferral of sales to the 2024 fiscal year due to

Read More Here

Diamonds International

De Beers Expects Oversupply to Continue for Now

27, September, 202327, September, 2023

Inventory in the diamond trade will remain high for the time being amid reduced retail demand, but the market will eventually rebound, De Beers has predicted. “While there have been some positive signals in some countries, with US inflation continuing to fall and the economy proving more resilient than anticipated, 2023 consumer demand for natural diamonds is expected to be below the record levels seen in 2021 and 2022,” the miner said in its annual Diamond Insight

Read More Here

Diamonds International News

India to Pause Rough-Diamond Imports for Two Months

27, September, 202327, September, 2023

The Indian diamond sector has recommended a two-month freeze on rough imports, its most drastic emergency measure since the Covid-19 crisis. The pause will run from October 15 to December 15, five leading trade organizations said in a joint statement. They came to the decision at a meeting of more than 100 industry representatives the same day, and said they would review the situation in the first week of December. The move is a response

Read More Here

International Renewable Energy

Namibia’s Green Hydrogen and Mineral Resources Attract European Interest

25, September, 202325, September, 2023

Namibian President Hage Geingob expressed the view that the United States is overlooking investment opportunities in green hydrogen projects and mineral resources within the southern African nation. Meanwhile, the European Union has shown significant interest in these prospects. In December, German officials visited Namibia with the intention of exploring investments in response to their quest for new energy sources to facilitate a transition to cleaner technologies. This move is partly driven by the need to

Read More Here

International News Oil

The World’s Biggest-Ever Deep-Water Oil Find Sparks Caution in Namibia

20, September, 202320, September, 2023

It’s touted by some as possibly the world’s biggest-ever deep-water oil find. The discovery off the shores of Namibia last year by TotalEnergies and Shell of an estimated 11-billion barrels of crude has generated understandable excitement in the southern African country. Even if only a small portion of that potential load valued at about $1 trillion at current prices – is realistically recoverable, it holds the promise of untold riches for this nation of 2.7

Read More Here

Local News Oil

Crude Oil Prices Surge by $1 Amidst Global Market Uncertainty

20, September, 202320, September, 2023

The oil prices rose by more than one dollar on Tuesday 19th September 2023, in the fourth consecutive session of gains, against a backdrop marked by the fact that weak shale oil production in the United States is exacerbating concerns about supply due to prolonged production cuts by Saudi Arabia and Russia. Brent futures prices, a benchmark for Angolan sales, rose by 1.24 dollars or 1.31 percent, to 95.67 dollars per barrel at 2:08 PM

Read More Here

Energy International News

African Energy Week 2023: Namibia’s Energy Investment Showcase Set to Launch in October

20, September, 202320, September, 2023

The Energy Invest: Namibia 2023 publication the official investment report on Namibia’s oil, natural gas, power, mining, and renewable energy sectors will be launched at the “Invest in Namibia Energies” strategic session at African Energy Week 2023 in Cape Town on October 18. Endorsed by the Ministry of Mines and Energy and produced by Energy Capital & Power in partnership with the African Energy Chamber, National Petroleum Corporation of Namibia (NAMCOR), Namibia Investment Promotion and

Read More Here

« Prev 1 … 282 283 284 285 286 … 390 Next »

More Angolan Mining News