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…
International News Oil

Nigeria Launches 2026 Oil and Gas Licensing Round to Attract $10 Billion in Upstream Investment

Nigeria Opens 2026 Licensing Round Offering 50 Oil and Gas Blocks to Boost Upstream Investment Nigeria has officially launched its 2026 upstream licensing round, part of a broader strategy to tackle long-standing underinvestment in the country’s oil and gas sector and across Africa. The Nigerian Upstream Petroleum Regulatory Commission opened the tender in January, making 50 blocks available, including 19 shallow water blocks, 15 onshore blocks, 15 frontier blocks, and one deepwater block. The federal

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International Corporate News Oil Drilling

ReconAfrica Increases Fundraising Target to Advance Namibia Oil Discovery and Regional Exploration

ReconAfrica Raises C$32 Million to Expand Namibia Oil Project and Exploration in Angola and Gabon Reconnaissance Energy Africa Ltd (ReconAfrica), the Canadian-listed oil and gas company, has raised its fundraising target to C$32 million following strong investor demand. The company plans to issue approximately 33.7 million new units at C$0.95 each. Funds from the offering will primarily support ongoing development at the Kavango West 1X oil discovery in northeastern Namibia, preparation for additional drilling, and

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International News Oil

Uganda and Tanzania to Begin Crude Oil Exports via EACOP Pipeline in 2026

East African Crude Oil Pipeline Set to Launch Uganda’s First Oil Exports, Boosting Regional Energy Trade Uganda and Tanzania are preparing to ship their first crude oil through the $5 billion East African Crude Oil Pipeline (EACOP) as early as October 2026, marking a major milestone for the region’s energy sector. The pipeline will provide Uganda with its long-awaited gateway to global oil markets while strengthening Tanzania’s role as a regional energy transit hub. The 1,443-kilometre

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International Corporate News Oil

Dangote Refinery’s Fuel Supply Deal Collapses Amid Pricing Dispute

Dangote Refinery Deal with 20 Oil Marketers Falls Through, Fuel Imports Surge The Dangote Refinery’s pilot supply arrangement with 20 oil marketers, designed to distribute 600 million litres of fuel monthly, has reportedly collapsed. The deal, established in October 2025, aimed to streamline domestic fuel distribution by allocating approximately 30 million litres of gasoline per month to each selected marketer. According to anonymous sources, the breakdown of the agreement was primarily due to disagreements over

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International News Oil Petroleum

Cameroon’s Kribi Refinery Set for Early Start, Strengthening Domestic Fuel Supply

Cameroon’s Kribi Oil Refinery Targets Early Operations in 2026 to Cut Fuel Imports Cameroon’s Kribi oil refinery is on track to begin partial operations in the second half of 2026, nearly two years ahead of its original commissioning timeline. The project represents the country’s first major new oil processing facility in decades and is expected to significantly reduce reliance on imported fuel. The initial phase of the refinery is designed to process up to 10,000

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International News Oil

Benin Prepares to Restart Offshore Oil Production After Nearly Three Decades

Benin to Resume Offshore Oil Production in 2026 as Seme Oilfield Returns to Operation Oil production is set to resume off the coast of Benin for the first time in nearly three decades, as the West African nation prepares to bring the long-dormant Seme oilfield back into operation by the end of January 2026. The restart marks a significant milestone for a country that last produced crude in 1998, when low oil prices and technical

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International Corporate News Gas Oil

Heirs Energies Secures Major Afreximbank Financing to Accelerate Nigeria’s Energy Growth

Heirs Energies Raises $750 Million Afreximbank Facility to Double Oil Output and Boost Gas Supply in Nigeria Nigeria’s efforts to rebuild domestic energy capacity received a significant boost after Heirs Energies secured a $750 million financing facility from the African Export-Import Bank (Afreximbank), marking one of the largest Africa-backed energy transactions concluded this year. The funding is expected to double the indigenous producer’s crude oil output to around 100,000 barrels per day and increase gas

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Transport and Logistics Local News

Zambia Strengthens Commitment to Lobito Corridor

Zambia Reaffirms Support for Lobito Corridor to Enhance Trade, Infrastructure, and Regional Integration Zambia has reaffirmed its strong commitment to the Lobito Corridor following an official visit by its Ambassador to Angola, His Excellency Rev. Dr. Elias Munshya, to the Port of Lobito in Benguela Province. The visit underscores Zambia’s ongoing efforts to strengthen cooperation along this strategic regional infrastructure initiative linking Angola, Zambia, and the Democratic Republic of the Congo. During a high-level meeting

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Corporate News Diamonds International

De Beers Opens Largest-Ever Forevermark Flagship Store in Mumbai

De Beers Expands in India with Opening of Largest Forevermark Diamond Jewellery Store in Mumbai Diamond mining and jewellery group De Beers has opened a flagship store for its Forevermark Diamond Jewellery brand in Mumbai, reinforcing its long-term commitment to the fast-growing Indian luxury market. The 5,000-square-foot store is located at Crest Link in Khar West, a prime destination along Mumbai’s iconic Linking Road. The new flagship reflects Forevermark’s focus on Indian consumers seeking meaningful,

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Corporate News Diamonds Local

Luele Mining Targets Over 9 Million Carats in 2026 While Strengthening Operations and Community Impact

Luele Mining Sets Ambitious Diamond Production Goal, Boosts Sustainability and Social Development Luele Mining Company plans to produce more than nine million carats of diamonds in 2026, the company’s CEO, Romulo Mucase, announced while reviewing the firm’s first two years of operation. “We are preparing the mine to ensure a steady supply of ore and optimal operation of our processing plant, which now has two mills. We aim to extract over 12 million cubic meters

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