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International News Oil

Hengli Reduces Refinery Activity After Cancelling West African Oil Cargoes

11, July, 202611, July, 2026

China’s Hengli Cuts Refinery Operations After Cancelling West African Crude Purchases China’s Hengli Petrochemical has cancelled crude oil purchases, including cargoes from West Africa, and reduced refinery operations as the company adjusts its procurement strategy amid changing market conditions. The company cancelled purchases involving several million barrels of crude oil, including around 2 million barrels of West African crude, after previously securing supplies to support its refining operations in China. The move comes as Hengli

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International Corporate News Oil

Kosmos Energy Increases Jubilee Output After Successful Ghana Well Start-Up

11, July, 202611, July, 2026

Kosmos Energy Boosts Ghana Oil Production as New Jubilee Well Comes Online Kosmos Energy has increased production at Ghana’s offshore Jubilee oil field after bringing the J76 well online as part of its 2026 drilling campaign. The new well, the third completed in this year’s programme, began production in mid-June and is currently delivering around 20,000 barrels of oil per day on a gross basis. Kosmos said the well was developed using updated seismic data

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International News Oil

East Africa’s EACOP Pipeline Nears Completion Ahead of Uganda’s First Oil Exports

11, July, 202611, July, 2026

Uganda’s EACOP Pipeline Nears Completion as First Crude Oil Exports Targeted for 2026 Construction of the East African Crude Oil Pipeline (EACOP) is entering its final phase, with Uganda and Tanzania preparing for the start of crude oil exports through the cross-border project. The 1,443-kilometre heated pipeline will transport crude oil from Uganda’s Lake Albert Basin to the port of Tanga on Tanzania’s Indian Ocean coast, where it will be shipped to international markets. Developers

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Corporate News Gas International

Eni and Libya’s NOC Begin Production From Sabratha Gas Compression Project

11, July, 202611, July, 2026

Eni Starts Gas Production From Sabratha Compression Project to Boost Libya’s Offshore Output Eni, in partnership with Libya’s National Oil Corporation (NOC) through the Mellitah Oil & Gas joint venture, has commenced hydrocarbon production from the Sabratha Compression Project, a major offshore development designed to extend production from the Bahr Essalam gas field. The project represents an important step in efforts to maximise recovery from the mature offshore field and maintain long-term gas production capacity

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Local Economy News

DRC and Angola Central Banks Sign Cooperation Agreement to Deepen Financial Integration

9, July, 20269, July, 2026

DRC and Angola Central Banks Sign MoU to Boost Cross-Border Payments, Financial Integration and Trade The Central Bank of Congo (BCC) and the National Bank of Angola (BNA) have signed a memorandum of understanding (MoU) to strengthen financial and monetary cooperation between the Democratic Republic of Congo (DRC) and Angola, marking a significant step toward deeper regional economic integration. The agreement was signed on July 8, 2026, in Luanda by BCC Governor André Wameso Nkualoloki

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Local Corporate News Oil

Afentra Advances Angola Growth Strategy with Drilling, Asset Expansion and New Exploration

8, July, 20268, July, 2026

Afentra Accelerates Angola Growth Plans with Block 3/05 Drilling and Increased Offshore Stakes Aim-listed Afentra is accelerating its growth strategy in Angola, advancing drilling activities, expanding its offshore portfolio and progressing exploration across key assets following a strategic review that reaffirmed its commitment to remain an independent exploration and production company. At the company’s flagship Block 3/05 asset, the 2026 infill drilling campaign is under way, with drilling of the Pacassa SW well in progress.

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Corporate News Gold International

Lake Victoria Gold Appoints EPCM Contractor to Advance Imwelo Gold Project in Tanzania

8, July, 20268, July, 2026

Lake Victoria Gold Moves Imwelo Gold Project Closer to Construction with EPCM Appointment Lake Victoria Gold has appointed City Engineering Company (CECL) as the primary engineering, procurement and construction management (EPCM) contractor for its Imwelo gold project in northwestern Tanzania. The appointment, made through Lake Victoria Gold’s subsidiary Tembo Gold, which holds Mining Licence ML 538/2015 for Imwelo, was approved by Tanzania’s Mining Commission on June 29 and complies with the country’s 2018 Mining Regulations.

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Corporate News Oil Renewable Energy

TotalEnergies Plans 7.1 MW Solar Plant to Support Mozambique LNG Project

8, July, 20268, July, 2026

otalEnergies Launches Tender for 7.1 MW Solar Facility at Mozambique LNG Site in Cabo Delgado TotalEnergies plans to develop a 7.1 MW photovoltaic solar plant at its Mozambique LNG project in Cabo Delgado as part of efforts to support energy needs at the liquefied natural gas (LNG) facility. The company has issued a request for expressions of interest (EOI) for engineering, procurement and construction services for the solar project, which will be located at Afungi

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International Gas News Oil

Mozambique and Tanzania Deepen Oil and Gas Cooperation Through New Regulatory Partnership

8, July, 20268, July, 2026

Mozambique and Tanzania Regulators Sign MoU to Strengthen Oil and Gas Sector Governance and Expertise Sharing Mozambique’s National Petroleum Institute of Mozambique (INP) and Tanzania’s Petroleum Upstream Regulatory Authority (PURA) have signed a memorandum of understanding (MoU) in Maputo to strengthen cooperation and build regulatory capacity in the oil and gas sector. The agreement provides a framework for technical collaboration, allowing the two regulators to exchange knowledge, expertise and best practices in key areas, including

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Corporate News International Oil

Petrobras Agrees to Restore 335 Offshore Wells Under Safety Compliance Deal

8, July, 20268, July, 2026

Petrobras Signs Agreement to Bring 335 Offshore Wells into Environmental and Safety Compliance by 2030 Brazilian state-owned oil company Petrobras has signed an agreement with Brazil’s oil regulator, the National Agency of Petroleum, Natural Gas and Biofuels (ANP), committing to bring 335 temporarily abandoned offshore wells into compliance with environmental and operational safety regulations. The agreement, announced by both parties on Tuesday, follows negotiations between Petrobras and the regulator aimed at ensuring the safe management

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