Vital Industry News
Middle East Tensions Send Oil Prices Higher, Raising Inflation Risks for Africa Uganda Central Bank Launches Domestic Gold Purchase Programme to Boost Reserves Lucara Reports Lower 2025 Earnings as Karowe Underground Expansion Advances Cascade Natural Resources Boosts Investment in Pensana to Accelerate Longonjo Rare Earths Project Seplat Accelerates Production Growth with Idle Well Revival Program Eni Raises Stake in Algeria’s Touat Gas Field to 42.9% After Engie Exit Nigeria Restructures OPL 245, Clearing Path for Shell and Eni Development Port of Lobito Extends Timoneiro Concession for Towing and Marine Operations Angola’s MIREMPET Assesses Mining and Oil Potential in Icolo & Bengo Province Nigeria to Launch Cawthorne Crude Exports as Output Recovers
International News Oil

Middle East Tensions Send Oil Prices Higher, Raising Inflation Risks for Africa

Gold Economy International

Uganda Central Bank Launches Domestic Gold Purchase Programme to Boost Reserves

Diamonds Corporate News International

Lucara Reports Lower 2025 Earnings as Karowe Underground Expansion Advances

More Angolan Mining News

International News Oil

Middle East Tensions Send Oil Prices Higher, Raising Inflation Risks for Africa

Oil Price Surge After US Strikes on Iran Threatens Higher Fuel Costs and Inflation Across…
Gold Economy International

Uganda Central Bank Launches Domestic Gold Purchase Programme to Boost Reserves

Uganda Central Bank Begins Gold Buying Programme as Global Prices Surge Past $5,000 The Bank…
Diamonds Corporate News International

Lucara Reports Lower 2025 Earnings as Karowe Underground Expansion Advances

Lucara Diamond Revenue Falls in 2025 as Botswana’s Karowe Underground Project Requires Additional Funding Canada-listed…
Local Corporate News Mining Projects

Cascade Natural Resources Boosts Investment in Pensana to Accelerate Longonjo Rare Earths Project

Cascade Natural Resources Raises Pensana Investment to $165M to Support Angola’s Longonjo Rare Earths Mine…
Corporate News International Oil

Seplat Accelerates Production Growth with Idle Well Revival Program

Seplat Restores 49 Idle Wells, Targets 50 More as Offshore Output Surges After ExxonMobil Asset…
Corporate News Gas International

Eni Raises Stake in Algeria’s Touat Gas Field to 42.9% After Engie Exit

Eni Expands Position in Algeria’s Touat Gas Field Following Engie Withdrawal Eni has increased its…
Gas Local News Oil

Angola’s Oil Company to Produce Gas for Electricity Generation

The Angolan oil company ACREP will produce gas, from the 4th quarter of 2025, to generate electricity with the aim of supplying Cabinda province, revealed yesterday in Luanda, the director for Investor Relations, Pedro Sebastião. With this project, the second largest private oil company in Angola wants to contribute to increasing the supply of electricity levels in the northernmost region of the country, which is also known as the land of oil and wood. Interviewed

Loading

Read More Here

International News Oil

Perenco Starts Production at South Kole Project in Cameroon

Independent Anglo-French hydrocarbon producer Perenco has started production at the South Kole Marine oil project located 50km off the coast of Cameroon. The project is now producing approximately 3,800 barrels of oil per day. The milestone follows an eight-month work program which required well architecture, pipelay and platforms to be installed. The program effectively proved the commercial viability of the marginal field. Located in depths of between 30 and 50m, the field was initially discovered by another operator

Loading

Read More Here

Gas International News Oil Petroleum

Top 5 Upcoming Oil and Gas Projects in Ghana

Ghana’s oil and gas industry has experienced significant growth following the discovery of commercial quantities of oil in the country’s Jubilee fields in 2007. As a result, the West African country has sought to leverage its immense hydrocarbon resources to position itself as a petroleum hub for the region. With 17 oil and gas projects poised for development between the outlook period 2023-2027, Ghana is set to become a world-class exporter of gas and petroleum products.

Loading

Read More Here

Local News Petroleum

Angola’s Oil sector offers 200 jobs

A total of 200 young people managed, last weekend, in Luanda, their first job, in the oil and banking sectors, at the Recruitment Fair, organized by Elite Recrutment Angola, which had the participation of 22 companies and more than 40 thousand applicants. The director general of Elite Recrutment Angola, Miguel Vieira, said in an interview with Jornal de Angola that the company he runs promoted the Recruitment Fair with the aim of contributing to the

Loading

Read More Here

International News Petroleum

Russia set to overtake Saudi Arabia as China’s oil supplier

Since the start of the war, Saudi Arabia has been losing market share in China – the world’s biggest energy market – thanks to Russia selling its oil at steep discounts.  And even a production cut in Saudi Arabia earlier this month did not have the desired effect of raising prices to compensate for falling demand. The chaos in Russia in recent days, in which the Wagner paramilitary group launched and then stopped an insurrection,

Loading

Read More Here

Local News Renewable Energy

Angola & Norway enhance hydrocarbon and energy cooperation

The Minister of Mineral Resources, Oil and Gas, Diamantino Azevedo, met, Tuesday June 27th, with the Secretary of State of the Ministry of Foreign Affairs, Erling Rimestad, to deepen relations between Angola and Norway, in the field of hydrocarbons and energies . On the occasion, the portfolio holder reviewed the situation of the Oil and Gas sector and the country’s commitment to transparency in the extractive industries, making financial resources affect the populations more and more

Loading

Read More Here

International News Oil

Oil Rises as US Reserves Decline

Crude oil rallied Wednesday 28th June after an industry report of a larger-than-expected drop in US crude reserves suggested robust demand and helped offset concerns about further hikes in interest rates. Oil reserves fell by about 2.4 million barrels, according to market sources, citing data from the American Petroleum Institute (API) industry group ahead of official Energy Information Administration data. “This morning’s relief [Wednesday] comes from last night’s API statistics,” said Tamas Varga of oil

Loading

Read More Here

Exploration Gas International News Oil Petroleum

Namibian Exploration Poised to Stimulate Oil Boom

On the back of major oil and gas discoveries in recent years, Namibia’s upstream oil and gas sector is on the precipice of rapid transformation. Significant discoveries made in the southern African country’s Orange Basin in 2022 and 2023 – which include the Graff-1, Venus-1, and Jonker-1X exploration projects –, compounded by favorable fiscal incentives, have attracted oil and gas supermajors including TotalEnergies, Shell, Chevron and ExxonMobil, as well as multinational energy corporations such as

Loading

Read More Here

Energy Local News

TechnipFMC signs subsea deal with Azule Energy

Global oil and gas company TechnipFMC has been awarded a contract by Azule Energy – a joint venture between oil and gas supermajors, Eni and bp – to supply subsea production systems for the Block 18 Infills development, offshore Angola.  Announced on 26 June, the contract will involve the mobilization of between $75 million and $250 million and will see TechnipFMC design and manufacture subsea trees, a manifold, subsea distribution equipment, topside controls and spearhead the engineering, procurement

Loading

Read More Here

International News Renewable Energy

South Africa and Germany Partner on Green Hydrogen Projects

South Africa and Germany have inked a bilateral cooperation deal for the two countries to collaborate on a series of green hydrogen projects. The deal builds on existing cooperation established between the countries and aims to support the trade and development of the resource.  Green Hydrogen Lead in the Investment and Infrastructure Office of the President of South Africa Masopha Moshoeshoe stated that under the terms of the deal, Germany will provide support regarding the

Loading

Read More Here

1 … 316 317 318 319 320 … 389

You have successfully subscribed to the AMG Weekly newsletter

There was an error while trying to send your request. Please try again.

Angolan Mining Oil & Gas will use the information you provide on this form to be in touch with you and to provide updates and marketing.