Angolan Mining Oil & Gas - Page 293 of 390 - Top Angolan News for Oil, Gas and Mining Industries

Gas Local News Oil Petroleum

TotalEnergies, AzuleEnergy, and Equinor Sign Production Sharing Contracts for Angolan Blocks with ANPG

1, September, 20231, September, 2023

The multinationals TotalEnergies, AzuleEnergy and Equinor signed, yesterday, in Luanda, production sharing contracts for blocks 16/21 and 31/21 with the National Petroleum, Gas and Biofuels Agency (ANPG). The act is the result of the Public Adjudication Offer carried out by ANPG, in 2021, and follows the Executive’s Strategic Plan for the attribution of oil concessions 2019-2025. The Plan foresees the award of more than 50 oil blocks to reaffirm commitments to more incisive exploration and

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Diamonds Local News

Three special Lulo Diamonds await sale at auction

1, September, 20231, September, 2023

Sociedade Mineira do Lulo, located in Xamiquelengue, Capenda-Camulemba municipality, Lunda-Norte province, currently has three diamonds of 180, 50 and around 12 carats waiting to be sold at auction. The information was provided, on Yesterday 31st August, at Dundo to the press, by the president of the operator’s management council (PCG), Domingos Alfredo Machado, on the sidelines of the production balance meeting for the first half of the current year, and which brings together, since Wednesday,

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Energy International

Mozambique: Plan revived to build second Cahora Bassa hydroelectric plant

1, September, 20231, September, 2023

Mozambique’s Hidroeléctrica de Cahora Bassa (HCB), one of the largest independent energy producers in southern Africa, has said that it is considering the “reactivation” of a project to build a new power plant, to the north of the original hydroelectric dam, in view of growing demand for electricity in the region. “In the long term, the company is conducting strategic reflections with a view to reactivating the Cahora Bassa North project, to meet the growing

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International News Petroleum

Nigeria’s Effort to Revive Refineries, Halt Fuel Imports

31, August, 202331, August, 2023

Nigeria’s new oil minister stated last week that the country expects all four oil refineries to be ready by the end of the year, with the southern Port Harcourt facility possibly beginning operations as early as December. The Port Harcourt refinery will begin processing oil by the end of 2022, the government announced last year. However, NNPC Ltd executives and succeeding oil ministers have launched a number of fruitless plans to restart, remodel, or enlarge

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International News Petroleum

EU Turns to Africa for Sustainable Aviation Fuel Projects via Global Gateway Fund

31, August, 202331, August, 2023

An EU official revealed that the EU is exploring Africa to support clean jet fuel projects under its Global Gateway infrastructure fund in advance of an expected surge in demand for ecologically friendly air travel. A competitor to China’s Belt and Road Initiative, the EU has promised to devote half of its 300 billion euro ($324 billion) infrastructure plan to Africa. The spokesperson claimed that the fund is now investigating sustainable aviation fuel (SAF) and

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International News Oil Petroleum

Nigerian Army Attacks Crude Oil Boat Bound for Open Seas

31, August, 202331, August, 2023

The Niger Delta region’s illicit oil refineries were bombarded with air raids on Sunday, according to the Nigerian air force. The Nigerian army claimed to have attacked a boat carrying crude oil and heading for open seas, as well as many illegal locations in the oil-rich state of Rivers. Although aircraft bombardments are rare, Nigeria has been actively combating oil thieves in the Niger Delta by destroying crude-laden ships and tiny illicit refineries. The majority

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Gas International News

Algerian LNG Attracts Interest from Bangladesh

31, August, 202331, August, 2023

Bangladesh has expressed strong interest in importing Liquefied Natural Gas (LNG) from Algeria, given the country’s rising energy demands. During a meeting with his Algerian counterpart Ahmed Attaf, Bangladesh’s Foreign Minister Dr. Ak Abdul Momen emphasized the critical significance that partnerships between the two countries may play in properly tackling this energy crisis. As such, Algeria and Bangladesh are actively developing a time-bound plan to strengthen collaboration, particularly in growing areas of mutual interest. In addition to LNG, areas of

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Energy International News

Bitcoin Funds Solar Project in South Africa

31, August, 202331, August, 2023

Renewable energy company Sun Exchange has announced that bitcoin will be used to fund a large solar power project in South Africa. The 198-kV solar project will provide clean and affordable power to the country’s Pretoria Boy’s High School. Bitcoin has been used by a private investor to purchase 98% of all solar cells for the project, which will offer zero capital cost for the school while reducing its energy bill and reliance on diesel

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Diamonds Economy Local News

Global Crisis Stifles Nearly One Million Carats of Diamonds

31, August, 202331, August, 2023

The ongoing global financial crisis has led to the withholding of approximately one million carats of diamonds produced in Angola over recent months. José Manuel Ganga Júnior, President of the Board of Directors (PCA) of Endiama, reported this development on August 30th in Dundo, Lunda-Norte province. When speaking at the opening of the semi-annual balance of diamond production in the country, the manager clarified that, at the moment, the sector is faced with price proposals

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Economy Local News Petroleum

Angola’s Fuel Exports Skyrocket as Leading Export Commodity

31, August, 202331, August, 2023

Fuel has become Angola’s most exported product, reaching the mark of 94.9% of exports in 2022. In percentage terms, ores and minerals represented the second most exported product, making up 4.3% in the year in question.The data was released this Wednesday 30th August by the Ministry of Mineral Resources, Oil and Gas, on Facebook, which cites the National Bank of Angola as the source of the 2022 export balance.Equipment and machinery, food, wood and cork,

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