Vital Industry News
Burkina Faso Set to Boost Gold Output as New Mines Come Online Debswana and BPC Partner to Advance Renewable Energy Goals Through REC Agreement Pensana Secures £2-Million Investment Boost as Longonjo Mine Construction Advances South Africa Proposes 10-Year LNG Import Deal with the U.S. to Boost Trade and Energy Security South Africa’s Fuel Crisis Deepens as Refining Capacity Halved Third Fatality Confirmed Following Cabinda Oil Platform Accident Congo Secures AfDB Funding for Hydropower Feasibility Studies at Mbandza Ndounga and Linzolo Eni, Vitol, and GNPC Begin New Drilling Phase to Sustain Production Offshore Ghana Angola Signs 25-Year Risk Service Contract for Block CON 4 to Boost Onshore Oil Development TotalEnergies Eyes Mid-2025 Restart for $20 Billion Mozambique LNG Project
Burkina Faso Set to Boost Gold Output as New Mines Come Online Debswana and BPC Partner to Advance Renewable Energy Goals Through REC Agreement Pensana Secures £2-Million Investment Boost as Longonjo Mine Construction Advances South Africa Proposes 10-Year LNG Import Deal with the U.S. to Boost Trade and Energy Security South Africa’s Fuel Crisis Deepens as Refining Capacity Halved Third Fatality Confirmed Following Cabinda Oil Platform Accident Congo Secures AfDB Funding for Hydropower Feasibility Studies at Mbandza Ndounga and Linzolo Eni, Vitol, and GNPC Begin New Drilling Phase to Sustain Production Offshore Ghana Angola Signs 25-Year Risk Service Contract for Block CON 4 to Boost Onshore Oil Development TotalEnergies Eyes Mid-2025 Restart for $20 Billion Mozambique LNG Project
International Gold

Burkina Faso Set to Boost Gold Output as New Mines Come Online

Corporate News Diamonds International Renewable Energy

Debswana and BPC Partner to Advance Renewable Energy Goals Through REC Agreement

Corporate News Local Mining Projects

Pensana Secures £2-Million Investment Boost as Longonjo Mine Construction Advances

More Angolan Mining News

International Gold

Burkina Faso Set to Boost Gold Output as New Mines Come Online

Burkina Faso is on track to increase industrial gold production in 2025, driven by the…
Corporate News Diamonds International Renewable Energy

Debswana and BPC Partner to Advance Renewable Energy Goals Through REC Agreement

Botswana Power Corporation (BPC) and Debswana Diamond Company have signed a Memorandum of Agreement (MoA)…
Corporate News Local Mining Projects

Pensana Secures £2-Million Investment Boost as Longonjo Mine Construction Advances

London-listed Pensana has secured a fresh £2-million in funding, with £1-million coming from major institutional…
International Gas News

South Africa Proposes 10-Year LNG Import Deal with the U.S. to Boost Trade and Energy Security

South Africa has proposed a long-term agreement to import liquefied natural gas (LNG) from the…
South Africa’s Fuel Crisis Deepens as Refining Capacity Halved
International News Oil

South Africa’s Fuel Crisis Deepens as Refining Capacity Halved

Nearly half of South Africa’s oil refining capacity remains idle, reflecting a sharp decline over…
Local News Oil

Third Fatality Confirmed Following Cabinda Oil Platform Accident

Authorities have confirmed a third fatality resulting from the oil platform accident that occurred on…
International Oil

Senegal’s Sangomar Oil Field to Produce Over 30 Million Barrels in 2025

Senegal’s Ministry of Energy, Petroleum, and Mines has projected that the Sangomar oil field will produce approximately 30.53 million barrels of crude oil in 2025. “We estimate crude oil production for 2025 at around 30.53 million barrels, maintaining a steady daily output of 100,000 barrels throughout the year,” the ministry stated in its latest production report. According to the report, Sangomar produced 3.11 million barrels in January 2025 alone. During the same period, three shipments

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Corporate News Gas International

Eni Discovers “Supergiant” Gas Field Off Egypt’s Coast

Italian energy company Eni has announced the discovery of the Zohr gas field, a “supergiant” natural gas deposit in the Mediterranean Sea, off Egypt’s coast. The field is expected to meet the country’s gas demand for decades. Located in the Shorouk block, Zohr is estimated to hold 30 trillion cubic feet (5.5 billion barrels of oil equivalent) of lean gas, making it the largest gas discovery ever in Egypt and the Mediterranean and potentially one

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International News Oil

Egypt Approves $225 Million Petroleum Concession Agreements

The Egyptian Cabinet has approved five petroleum concession agreements involving the Egyptian General Petroleum Corporation (EGPC), the Egyptian Natural Gas Holding Company (EGAS), Ganoub El Wadi Petroleum Holding Company (GANOPE), and several international energy firms. These agreements commit a minimum investment of $225.3 million and include plans to drill at least 40 wells for natural gas and crude oil exploration. Global energy companies continue to expand their presence in Egypt, aiming to boost production and

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Corporate News International Oil

TotalEnergies Resumes Drilling in Namibia’s Orange Basin with Tamboti-1X Well

TotalEnergies has resumed hydrocarbon exploration on Block 2913B in Namibia’s Orange Basin, drilling the Tamboti-1X exploration well just north of the Venus accumulation. The company estimates the prospect holds approximately 1 billion barrels of oil. The Deepsea Mira rig, under a multi-country contract with TotalEnergies since December 2022, began drilling Tamboti-1X in October 2024. TotalEnergies operates Block 2913B in Petroleum Exploration License (PEL) 56 with a 50.5% stake in the 8,215 km² offshore area. Its

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Corporate News Oil

Dangote Refinery Expands Global Reach with Jet Fuel Shipments to Saudi Aramco

Dangote Refinery has successfully shipped two jet fuel cargoes to Saudi Aramco, marking a significant milestone in its growing global footprint. During a facility tour with directors of the Nigerian Economic Summit Group (NESG), Aliko Dangote, President of Dangote Group, highlighted the refinery’s rapid progress. “We are already achieving our ambitious targets,” Dangote stated. “We are pleased to announce the successful sale of two jet fuel cargoes to Saudi Aramco.” An industry analyst noted that

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Corporate News Gas International Oil

TotalEnergies Expects U.S. Financing for $20 Billion Mozambique LNG Project Soon

TotalEnergies CEO Patrick Pouyanne announced on Wednesday that U.S. financing for the company’s $20 billion Mozambique LNG project is expected to be approved in the coming weeks, with additional credit agencies following in the months ahead. The company is awaiting loan re-approvals from U.S., UK, and Dutch export credit agencies before lifting the force majeure that has stalled the project since 2021. Speaking after the company’s fourth-quarter earnings report, Pouyanne stated that a previous loan

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Corporate News Gold International

African Pioneer Secures £420,000 to Advance Namibia Copper-Gold Project

London-listed African Pioneer has raised £420,000 from existing and new shareholders to advance its Ongombo copper-gold project in Namibia and support activities in Zambia and Botswana. The funds will be used to analyze gold distribution and its association with copper and magnetite quartzite, assess orebody-wide gold distribution, and plan drillholes in underexplored areas. Additionally, external mining and resource consultants will refine resource estimates for open-pit mineralization and provide recommendations for infill drilling to enhance the

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International Gold News

Mali’s Gold Production Drops 23% Amid Government-Miner Dispute

Mali’s industrial gold production fell 23% in 2024, dropping to 51 metric tons from 66.5 tons in 2023, according to the country’s mines ministry. This marks the first time in over three years that output has fallen below 60 tons. Mali, one of Africa’s top gold producers, hosts industrial operations run by major international companies, including Barrick Gold, B2Gold Corp, Resolute Mining, and Hummingbird Resources. However, tensions between the government and mining firms have contributed

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International News Oil

Three Oil Marketing Companies Secure Contracts Under TAZAMA Pipeline Open Access

The TAZAMA Pipeline Open Access Selection Committee has awarded contracts to three oil marketing companies (OMCs) to supply low-sulfur gas oil to Zambia, marking a significant step in the country’s fuel supply strategy. Indeni Energy Company Limited, Boltt Global Solutions Limited, and a joint venture between Titanium Oil Corporation and ADNOC will begin utilizing the TAZAMA Pipeline in April 2025. According to the Ministry of Energy, each company has been contracted to supply 35,000 metric

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Diamonds Corporate News International

Anglo American Pushes for Growth Amid De Beers Spin-Off and Potential M&A Interest

Anglo American is focused on maximizing its value as it prepares for a possible new acquisition bid and expects substantial progress on the long-awaited spin-off of its De Beers diamond business, CEO Duncan Wanblad said on Monday. The company rejected a $49 billion hostile takeover attempt from BHP in May 2024, which targeted its copper assets. Since then, Anglo—one of the best-performing major miners last year—has streamlined its portfolio by divesting coal assets and announcing

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