Vital Industry News
Puma Energy Reaffirms Investment Push in Mozambique’s Energy Transition and CNG Expansion Rovuma LNG Expected to Transform Mozambique Economy With Multi-Billion-Dollar Annual Gains TotalEnergies Local Procurement Tops US$141 Million as Namibia Supplier Base Expands Namibian Businesses Urged to Raise Standards to Access Oil and Gas Opportunities Kudu Gas Commercialisation Faces Long Road Despite Namibia’s Energy Ambitions Nasan Energies Completes Acquisition of Divested Vivo Energy Service Stations in Namibia Afentra Expands Angola Portfolio with Award of KON4 Onshore Oil Block Impact Oil & Gas Splits Assets in Strategic Restructuring to Prioritize Namibian Oil Development Eskom Begins Major Solar Rollout at Lethabo Power Station Under R1.2 Billion Green Energy Plan Petra Diamonds Restructures Operations as Weak Diamond Prices Pressure South African Mines
International Corporate News Oil

Puma Energy Reaffirms Investment Push in Mozambique’s Energy Transition and CNG Expansion

Corporate News Gas International

Rovuma LNG Expected to Transform Mozambique Economy With Multi-Billion-Dollar Annual Gains

International Corporate News Oil

TotalEnergies Local Procurement Tops US$141 Million as Namibia Supplier Base Expands

More Angolan Mining News

International Corporate News Oil

Puma Energy Reaffirms Investment Push in Mozambique’s Energy Transition and CNG Expansion

Puma Energy to Expand Mozambique Operations With Focus on CNG, Carbon Projects and Rural Fuel…
Corporate News Gas International

Rovuma LNG Expected to Transform Mozambique Economy With Multi-Billion-Dollar Annual Gains

Rovuma LNG Project May Boost Mozambique GDP by $11 Billion a Year, Says Standard Bank…
International Corporate News Oil

TotalEnergies Local Procurement Tops US$141 Million as Namibia Supplier Base Expands

TotalEnergies Spends US$141 Million on Namibian Suppliers, Expands Local Content Drive TotalEnergies has spent more…
International Gas News Oil

Namibian Businesses Urged to Raise Standards to Access Oil and Gas Opportunities

Certification, Compliance and Infrastructure Key for Namibian Suppliers Seeking Oil and Gas Contracts Namibian businesses…
International Corporate News Gas

Kudu Gas Commercialisation Faces Long Road Despite Namibia’s Energy Ambitions

Wood Mackenzie Warns Kudu Gas Project Faces Infrastructure and Demand Challenges Before Commercialisation Offshore gas…
International Corporate News Mergers & Acquisitions Oil

Nasan Energies Completes Acquisition of Divested Vivo Energy Service Stations in Namibia

Nasan Energies Acquires Former Engen and Shell Service Stations as Vivo Energy Completes Regulatory Divestment…
Gold International News

Uganda’s Gold Exports Soar, Surpassing Coffee to Become Top Foreign Exchange Earner

Uganda’s Gold Exports Jump 76% to $5.8 Billion, Overtaking Coffee as Leading Export Uganda’s gold exports surged by 75.8% in 2025, reaching approximately $5.8 billion, marking a rapid transformation in the country’s export profile as gold overtook coffee as the leading source of foreign exchange. Data from the Bank of Uganda show shipments rose from about $3.3 billion in 2024, driven largely by record international gold prices that attracted new traders into the sector. Adam

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International Oil Petroleum

Senegal Cancels Atlas Oranto Petroleum License Over Inactivity and Financial Defaults

Senegal Revokes Cayar Offshore Shallow License from Atlas Oranto Petroleum The Senegalese government has officially withdrawn the Cayar Offshore Shallow exploration license from Atlas Oranto Petroleum, citing the company’s failure to provide required bank guarantees and limited exploration activity since the block was awarded in 2008, despite multiple deadline extensions. The offshore license covers approximately 3,600 square kilometers north of the Dakar peninsula. Industry data indicate the area is oil-prone but remains largely unexplored, with

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Corporate News Gas International

Seplat Starts Gas Production at 300 MMscfd ANOH Project in Nigeria

Seplat Brings ANOH Gas Project Onstream, Strengthening Nigeria’s Domestic Gas Supply Seplat Energy, Nigeria’s leading independent energy company, has confirmed the start of gas production at its ANOH gas project, a 300 million standard cubic feet per day (MMscfd) facility that is expected to play a key role in boosting domestic gas supply and reducing routine flaring in the Niger Delta. Following completion of the 11-kilometer Indorama gas export pipeline and receipt of regulatory approval

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Corporate News International Oil

Dangote Awards $350 Million Contract to Expand Lekki Refinery into Global Mega-Complex

Dangote Group Selects Engineers India for $350m Expansion of Lekki Refinery to 1.4 Million bpd Nigeria’s Dangote Group has awarded a $350 million contract to Engineers India Limited (EIL) to significantly expand its Lekki oil refinery, a move that would increase capacity to 1.4 million barrels per day and reinforce Nigeria’s ambition to become a regional hub for refined petroleum products. Under the agreement, the Indian state-owned engineering firm will deliver a second processing train

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Corporate News International Oil

Eni and Partners Launch Libya’s First Deepwater Offshore Exploration Well

Eni, NOC, and BP Begin Deepwater Drilling in Libya’s Gulf of Sirte Eni North Africa and its partners, including Libya’s National Oil Corporation (NOC), BP, and the Libyan Investment Authority, have begun drilling their first deepwater exploration well offshore Libya in the Gulf of Sirte, marking a significant step forward in the country’s offshore energy development. According to the NOC, drilling operations are being carried out using a drillship owned by Italian energy services company

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International News Oil

Cameroon’s Kribi Refinery Targets Early Start, Aiming to Cut Fuel Imports

Cameroon’s Kribi Oil Refinery to Begin Partial Operations in 2026, Nearly Two Years Ahead of Schedule Cameroon’s Kribi oil refinery is set to begin partial operations in the second half of 2026, almost two years earlier than its originally planned start date of June 2028, marking a significant milestone in the country’s efforts to strengthen energy security. In its initial phase, the refinery is expected to process around 10,000 barrels of crude oil per day—approximately

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Corporate News International Oil

TotalEnergies Resumes Exit from Nigeria’s Onshore Oil Assets with New Sale Agreement

TotalEnergies Agrees to Sell 10% Stake in Nigeria’s SPDC Asset to Vaaris After Failed 2024 Deal TotalEnergies has reached an agreement to sell its 10 percent non-operated stake in Nigeria’s onshore SPDC asset—now restructured as the Renaissance joint venture—to Vaaris, reviving its strategy to divest from mature onshore oil operations in the country. The deal comes after the collapse of a proposed sale last year to Mauritius-based Chappal Energies, which was blocked by Nigerian regulators

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Local Economy News Oil

Angola Set to Benefit from Rising Brent Crude Amid Iran Supply Risks

Brent Oil Climbs to $65.46 on Iran Tensions, Strengthening Angola’s Export Benchmark The price of a barrel of Brent crude oil, the international benchmark used for Angola’s oil exports, closed higher on Monday on the London futures market. Contracts for March delivery rose by 2.49 percent to $65.46 per barrel, driven by growing concerns over potential supply disruptions from Iran. The upward movement reflects heightened investor anxiety about instability in Iran, one of the largest

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Transport and Logistics Local News

Global Investment in the Lobito Corridor Surpasses $6 Billion

Lobito Corridor Attracts Over $6 Billion as Global Investors Back Africa’s Critical Minerals Route International investor momentum behind the Lobito Corridor continues to strengthen, with global financial commitments to the strategic regional infrastructure project now exceeding USD 6 billion. Linking the Democratic Republic of Congo (DRC), Angola, and Zambia to international markets via Angola’s Port of Lobito, the corridor is increasingly regarded as a cornerstone of Africa’s critical minerals supply chains and regional industrial integration.

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Local News Oil

Higher Oil Prices Strengthen Angola and Nigeria’s Financial Outlook

Rising Oil Prices Boost Africa’s Leading Oil Producers Africa’s largest oil-producing countries are among the main beneficiaries of the recent increase in global oil prices, driven by heightened geopolitical tensions and escalating United States pressure on Iran. Countries such as Nigeria and Angola have recorded notable gains, particularly in their dollar-denominated sovereign debt. In recent trading sessions, debt securities issued by these oil-producing nations led market advances, reflecting improved investor sentiment. Angolan bonds maturing in

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