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…
Economy Energy Gas Oil

His Excellency José Barroso Confirms Participation at Angola Oil & Gas (AOG) 2022

Energy Capital & Power is proud to announce that H.E. José Barroso, Secretary of State for Oil and Gas in Angola, will be coming to Luanda for the third edition of Angola Oil & Gas 2022 Energy Capital & Power (ECP) (https://EnergyCapitalPower.com/) is proud to announce that H.E. José Barroso, Secretary of State for Oil and Gas in Angola, will attend and participate at the third edition of Angola Oil & Gas (https://bit.ly/3MhOEnY) – taking

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Diamonds Oil Petroleum Renewable Energy

Pumangol Joins Angola Oil & Gas (AOG) 2022 as Bronze Sponsor

The leading fuel retailer will participate as a Bronze Sponsor of Angola Oil & Gas 2022, as the country spearheads the progressive expansion and liberalization of its downstream sector Energy Capital & Power (ECP) (EnergyCapitalPower.com) is honored to announce Pumangol – Angola’s leading fuel retailer – as a Bronze Sponsor of the upcoming Angola Oil & Gas (AOG) (https://bit.ly/3UyBCpP) 2022 Conference & Exhibition, taking place on November 29 – December 1 in Luanda. We are

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Economy Oil

Angola grows 3.1 percent

The World Bank’s prospects for Angola are more favorable than the previous ones, having increased this year’s growth projection to 3.1 percent, against the 2.9 presented in April. In the report released yesterday from Johannesburg, South Africa, by Reuters, the World Bank justifies the upward revision due to the benefits generated to national accounts by the high prices of a barrel of oil. The economy of Sub-Saharan Africa, on the whole, is expected to grow

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Economy Energy Oil Renewable Energy

OPEC+ lowers oil supply by two million barrels a day

The reduction in oil production announced this Wednesday by the OPEC+ group corresponds to the biggest cut in supply since May 2020. According to Reuters experts, the decision is likely to anger the administration of US President Joe Biden and prompt the US response. The note sent to Citi markets, which Reuters refers to, explains that the OPEC+ alliance, led by Saudi Arabia and Russia, decided, in Vienna, to reduce oil production by two million

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Economy Energy Gas Renewable Energy

Rekindling the Passion and Energy

New Eskom board chairman Mpho Makwana shared his views on the just transition, securing South Africa’s energy needs, and getting Eskom fired up again New Eskom board chairman Mpho Makwana gave an interview on the side-lines of the Green Energy Africa Summit (GEAS) (https://GreenEnergyAfricaSummit.com/) in Cape Town. Speaking only days after the new Eskom board was appointed, he shared his views on the just transition, securing South Africa’s energy needs, and getting Eskom fired up again. We

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Economy Energy Gas Oil

Major opportunities in African gas, Africa Oil Week hears

Recent natural-gas discoveries leave Africa well positioned to take advantage of the trend towards decarbonisation CAPE TOWN, South Africa, October 6, 2022/APO Group/ —  As the energy industry decarbonises its operations, natural gas is becoming an ever more important part of the energy mix – opening up a range of opportunities for the African gas industry. “Sometimes, oil is even seen as a by-product of gas,” remarked Luca Vignati, upstream director of global energy company

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Economy Energy Gas Mining Oil

Falcon Oil Holding Angola to Participate at Angola Oil & Gas (AOG) 2022 as Gold Sponsor

Angolan oil and gas company, Falcon Oil Holding Angola S.A., will participate at this year’s AOG 2022 Conference and Exhibition as a gold sponsor Angolan oil and gas exploration and production company, Falcon Oil Holding Angola S.A., will participate at this year’s Angola Oil & Gas (AOG) (bit.ly/3RIrAQ1) 2022 Conference and Exhibition – taking place in Luanda on 29-30 November and 1 December – as a gold sponsor, demonstrating the event’s high-level participation among key regional energy

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Economy Gas Oil

Cabinda Shipping Services (CABSHIP) Confirms as a Bronze Sponsor for Angola Oil & Gas 2022

Cabinda Shipping Services will be shaping midstream, downstream and local content development discussions as a bronze sponsor at Angola Oil & Gas 2022 Energy Capital & Power (ECP) (https://EnergyCapitalPower.com) is proud to announce that Angola-based global logistics and supply chain management company, Cabinda Shipping Services (CABSHIP) (https://CABSHIP.co.ao), will be attending and participating as a bronze sponsor at this year’s edition of the Angola Oil & Gas (AOG) (https://bit.ly/3UyBCpP) conference and exhibition, set to take place from November 29 – December 01,

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Energy International Renewable Energy

Private power booms as green energy attracts finance

International investors are also being attracted by Africa’s renewable-energy opportunities Private power is booming. This was the message from Rand Merchant Bank (RMB) CEO Emrie Brown at the Green Energy Africa Summit (GEAS) (https://GreenEnergyAfricaSummit.com/), taking place at the Cape Town International Conference Centre from October 4-5. Brown was speaking during a successful first day of the Summit, which drew hundreds of local and international delegates. Brown identified a growing trend for metros and private companies to

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Diamonds Economy Mining

FB urged to invest in preserving the cultural identity of the regions

The General Director of Memorial Dr. António Agostinho Neto, António Fonseca urged the Brilhante Foundation to “guide for more actions aimed at culture and the arts, with a view to safeguarding the cultural identity of the communities surrounding the diamond mining areas”. António Fonseca was speaking on the occasion of the launch of the literary work “The cultural thought of Dr. Agostinho Neto” which took place on the 30th of September on the occasion of

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