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
Seplat Energy Plans 17 New Wells in 2026 to Boost Production
Energean to Acquire Chevron Stakes in Angola’s Block 14 Assets
Cameroon Opens Nine Oil and Gas Blocks to Investors in 2026 Licensing Round
Ghana Plans Capacity Boost at Tema Oil Refinery to Strengthen Domestic Fuel Supply
Sonangol received, on Tuesday 12th September, the second oil tanker of the Suezmax type, in the city of Mokpo, South Korea, ordered from the company Hyundai Samho Heavy industries. For the vessel’s godmother, named “Sonangol Njinga Mbande”, in honor of the sovereign Queen of the Kingdom of Ndongo and Matamba, the choice fell to the First Lady of the Republic, Ana Dias Lourenço. In carrying out the ritual dictated by the ancient tradition of sailors,
The Australian multinational Rio Tinto, the second largest minerals company in the world, began prospecting operations for kimberlites and diamonds in the commune of Chiri, province of Lunda-Norte, informed the company’s general director. The four-year prospecting phase takes place in a 75 hectare or 108 square kilometer mine, under the terms of a mining investment contract in Quimberlito do Chiri signed between the Ministry of Mineral Resources, Oil and Gas, Endiama and Rio Tinto ,
The future of fossil fuels, the main cause of the increasingly severe climate crisis, is this year at the center of international negotiations that will culminate in December, at COP28. The G20 expressed itself, last Saturday, deeply divided in relation to oil, deciding not to call for an exit from fossil fuels, but rather to support, for the first time, the tripling of renewable energies by 2030. The G20’s commitment to renewable energies, reached at
KCA Deutag, an international oil and gas services company, has secured a one-year contract extension for the provision of core drilling and maintenance services on two offshore platforms in Angola. The $60 million deal will see KCA Deutag maintain its provision of crane operations, maintenance services, equipment management, and rental services for the Angolan client for an additional year. The deal increases the firm’s operations on the Angolan assets to over 10 years. Ole Maier,
Alrosa has recovered a 390.7-carat diamond from its Mayat mine in Yakutia, the largest gem-quality rough discovered in Russia in 10 years. The stone is irregularly shaped, bears a light color, and is bordered by a yellow-brown halo, the company said Sunday. The miner found the diamond during the night-washing of rough from the Ebelyakh portion of the deposit, along with a colorless diamond with a traditional octahedron shape weighing 37.7 carats. In 2013, Alrosa
Canadian mining firm, Thor Explorations, has discovered gold at the Makosa project in Senegal. The firm announced the discovery of 23.35 grams of gold per ton from drillhole DTRC807, marking a significant milestone in the company’s ongoing exploration operations. Thor Explorations CEO Segun Lawson said “The main purpose of the drilling has been to advance the project towards development by upgrading more of the resource to indicated classification and also to commence detailed metallurgical test work that is
Last week, NUM said it was planning a strike at Venetia, as De Beers could only offer a 6% pay increase against demands for a 9% hike. Anglo American’s De Beers is confident ongoing talks with South Africa’s National Union of Mineworkers (NUM) will avert a wage strike at Venetia, the country’s largest diamond mine, the company said on Friday. On Tuesday, NUM, South Africa’s biggest mineworkers’ union, said it was planning a strike at
South Africa’s National Union of Mineworkers (NUM) on last week said it was planning to strike at De Beers’ Venetia mine after wage talks broke down, potentially disrupting operations at the diamond giant’s new $2.3 billion underground facility. NUM, South Africa’s biggest mineworker union, said its members were demanding a 9% wage hike, but Anglo American Plc unit De Beers was offering a 6% increase. “The NUM can confirm that the four-month wage negotiations with
Two Angolan diamond concessions, Moirige and Chifuca, were presented by Endiama at Africa Down and Under (ADU), the main forum for commercial and governmental relations between the continent and Australia. The conference, which began on Wednesday, with a speech by the President of Botswana, Mokgweetsi Masisi, was attended by a representation from Endiama led by the director of Geology, Rogério Guimarães, who presented the Moirige and Chifuca concessions as “promising” and with “several studies carried
Five dealers in New York’s Diamond District have been arrested and charged with illegally transferring more than $600 million since 2019, according to the US Department of Justice (DOJ). Raj Vaidya, Rakesh Vaidya, Shrey Vaidya and Neel Patel have operated “numerous purported diamond, gold and jewelry companies” in New York’s Diamond District, the DOJ said in a statement Last week. Those include Arya Diamond Jewellery which trades as Karats and Carats as well as Diamspark
