Vital Industry News
Zambia’s Energy Ministry Opens Bidding for Tazama Pipeline Access TotalEnergies Commits $500 Million to Boost Production at Congo’s Moho Nord Field Vast Resources Announces Release of Historic Diamond Parcel Held by Reserve Bank of Zimbabwe Woodside Energy Navigates Tariff Risks as Louisiana LNG Project Nears Final Decision De Beers Reports 11% Drop in Q1 Diamond Output Amid Weak Market Conditions Algeria Partners with China’s LONGi to Boost Domestic Solar Panel Production UAE-Funded Solar Plant Powers a New Era of Clean Energy in Comoros Egypt Ramps Up Oil Drilling in Gulf of Gharib to Boost Domestic Production Angola to Anchor New Africa-Latin America Copper Route Angola Shifts Focus to Local Value Creation in Mining Sector
Zambia’s Energy Ministry Opens Bidding for Tazama Pipeline Access TotalEnergies Commits $500 Million to Boost Production at Congo’s Moho Nord Field Vast Resources Announces Release of Historic Diamond Parcel Held by Reserve Bank of Zimbabwe Woodside Energy Navigates Tariff Risks as Louisiana LNG Project Nears Final Decision De Beers Reports 11% Drop in Q1 Diamond Output Amid Weak Market Conditions Algeria Partners with China’s LONGi to Boost Domestic Solar Panel Production UAE-Funded Solar Plant Powers a New Era of Clean Energy in Comoros Egypt Ramps Up Oil Drilling in Gulf of Gharib to Boost Domestic Production Angola to Anchor New Africa-Latin America Copper Route Angola Shifts Focus to Local Value Creation in Mining Sector
International News Oil

Zambia’s Energy Ministry Opens Bidding for Tazama Pipeline Access

Corporate News International Oil

TotalEnergies Commits $500 Million to Boost Production at Congo’s Moho Nord Field

Diamonds International News

Vast Resources Announces Release of Historic Diamond Parcel Held by Reserve Bank of Zimbabwe

More Angolan Mining News

International News Oil

Zambia’s Energy Ministry Opens Bidding for Tazama Pipeline Access

The Ministry of Energy has officially opened the bidding process for oil marketing companies (OMCs)…
Corporate News International Oil

TotalEnergies Commits $500 Million to Boost Production at Congo’s Moho Nord Field

French oil major TotalEnergies has announced a $500 million investment to enhance exploration and production…
Diamonds International News

Vast Resources Announces Release of Historic Diamond Parcel Held by Reserve Bank of Zimbabwe

Aim-listed Vast Resources has announced the release of a historic diamond parcel that had been…
International Gas

Woodside Energy Navigates Tariff Risks as Louisiana LNG Project Nears Final Decision

Woodside Energy, Australia’s largest gas producer, is evaluating the potential impact of new U.S. tariffs…
Corporate News Diamonds International

De Beers Reports 11% Drop in Q1 Diamond Output Amid Weak Market Conditions

De Beers has reported an 11% year-on-year decline in rough diamond production for the first…
International News Renewable Energy

Algeria Partners with China’s LONGi to Boost Domestic Solar Panel Production

Algeria is set to launch a strategic partnership with China aimed at revolutionizing its renewable…
International Gas News

Mozambique and South Korea Partner to Expand Vehicular Gas Use

A delegation of South Korean experts met with the Mozambican government on Monday, October 14, in Maputo for a seminar focused on promoting the widespread use of vehicular natural gas. The initiative comes at a critical time, as Mozambique faces ongoing challenges with liquid fuel imports. Opening the seminar, South Korean Ambassador Bok-won Kang expressed his country’s pride in supporting Mozambique’s efforts to adopt cleaner and more sustainable energy solutions. He noted that South Korean

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Oil Corporate News International Petroleum

DRC Grants Oil Rights to Sonahydroc in Shift Toward State-Led Energy Strategy

At its April 11 Council of Ministers meeting, the Democratic Republic of Congo (DRC) approved a draft decree granting petroleum rights directly to the state-owned Société Nationale des Hydrocarbures du Congo (Sonahydroc). This decree establishes the legal and fiscal framework for the transfer, aligning with the country’s oil and gas law enacted on August 1, 2015. The move signals a renewed push by the DRC to revitalize oil exploration and increase domestic production, aiming to

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Local News Oil

Angola Begins Conversion of FPSO Kaminho for Landmark Kwanza Basin Oil Development

The National Agency for Oil, Gas and Biofuels (ANPG) and TotalEnergies Angola have officially launched the conversion of an oil tanker into the FPSO Kaminho, marking a pivotal step in the development of Angola’s first oil project in the Kwanza Basin. The vessel’s transformation began this week in Nantong, China, with production expected to commence in 2028. In a statement, ANPG described the event as a historic milestone for Angola’s energy sector. The FPSO Kaminho

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International Gas Oil

Mellitah Oil and Gas to Drill Eight Offshore Wells to Boost Libya’s Gas Supply

Mellitah Oil and Gas Company is set to begin drilling eight offshore gas wells at Structure A, located in Libyan waters with depths reaching up to 100 meters. Drilling operations will commence shortly following the arrival of the Valid Rig, operated by Borr Drilling—a global leader in offshore drilling services. The campaign is expected to last approximately 15 months and aims to produce around 160 million cubic feet of natural gas per day. The project

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International Petroleum

Afreximbank Commits $3 Billion to Boost Africa’s Refined Fuel Trade and Cut Imports

The African Export–Import Bank (Afreximbank) has pledged $3 billion to support the trade of refined petroleum products across Africa, aiming to reduce the continent’s dependence on imported fuel and strengthen intra-African energy trade. The announcement was made by Afreximbank Executive Vice President Kanayo Awani at an energy conference in Cape Town, South Africa. According to Reuters, Awani stressed the importance of enhancing Africa’s refining capacity to better utilize its abundant crude oil and natural gas

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Oil Corporate News Gas International

ReconAfrica Advances Drilling at Namibia’s Largest Oil and Gas Prospect

Reconnaissance Energy Africa Ltd. (ReconAfrica) has announced progress in its drilling operations at Prospect I, the largest target in its Namibian exploration campaign. Located within Petroleum Exploration Licence 073 (PEL 73) in the Kavango Basin, Prospect I marks a significant milestone in the company’s efforts to unlock new oil and gas resources. An updated independent resource assessment by Netherland, Sewell & Associates Inc. (NSAI) estimates that Prospect I holds approximately 365 million barrels of unrisked

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Local Corporate News Gas Oil

Nigeria’s Walcot Group Enters Angola with Key Oil Block Deal

Walcot Group, a Nigerian energy company, has officially entered Angola’s oil and gas sector by signing a major Production Sharing Contract with the Angolan National Agency for Petroleum, Gas, and Biofuels (ANPG). The agreement follows Walcot’s successful bid for three oil blocks in a recent international licensing round and marks a significant step in the company’s strategy to expand across Africa’s leading energy markets. The signing ceremony took place in Luanda, where Walcot’s Founder and

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International Corporate News Gas

Seplat Installs 850 MMscfd of Gas Infrastructure to Boost Nigeria’s Energy Supply

Seplat Energy Plc has achieved a major milestone in Nigeria’s energy sector by installing over 850 million standard cubic feet per day (MMscfd) of gas infrastructure to enhance domestic gas supply. Speaking at a press briefing, Seplat’s Chief Operating Officer, Mr. Samson Ezugworie, stated that the development aligns with the company’s mission to reduce energy poverty and support sustainable national growth. “We’ve installed over 850 MMscfd of gas infrastructure across Nigeria to meet domestic demand,”

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International Gas Oil

Egypt Confirms Three New Oil and Gas Discoveries in Western Desert

Egypt’s Ministry of Petroleum and Mineral Resources has announced three new oil and gas discoveries in the Western Desert, made by Khalda Petroleum Company—a joint venture between the Egyptian General Petroleum Corporation and U.S.-based Apache Corporation. The newly discovered fields are expected to yield approximately 12 million barrels of oil equivalent, including 4 million barrels of recoverable reserves. Daily production from the discoveries is projected at 2,750 barrels of oil and condensates, along with 20

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Local Corporate News Oil

SPIE Secures Five-Year Offshore Maintenance Contract with Sonangol in Angola

SPIE Global Services Energy has signed a five-year maintenance contract with Angola’s national oil company, Sonangol, for operations on Block 3/05, located offshore Angola. Effective from September 2024, the contract covers comprehensive maintenance services, including the upkeep of electrical and mechanical equipment, HVAC systems, turbomachinery, instrumentation, and automation systems. These services will be provided across the Cobo, Pacassa, and Palanca production platforms. Jerome M. Oliveira, Sub-Saharan Africa Business Unit Director at SPIE, highlighted that the

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