Vital Industry News
DRC Signs Gold Supply Deal with UAE Firm to Expand Access to Global Bullion Markets Dangote Plans Major Refinery Expansion to Boost Capacity and Create Thousands of Jobs South Africa Turns to US Fuel Imports as Middle East Supply Risks Reshape Energy Trade Senegal Takes Full Control of Yakaar-Teranga Gas Project After Kosmos Energy Withdrawal Rhino Resources Advances Capricornus Oil Discovery Appraisal Offshore Namibia TotalEnergies Expands Local Supplier Spending as Namibia’s Oil and Gas Sector Gains Momentum France Intensifies Push into Namibia’s Oil Sector as TotalEnergies Targets Major Offshore Projects Zambia Secures $1.5 Billion China Deal to Add 900 MW Power Capacity and Strengthen Energy Security Dangote Plans Major East Africa Refinery Expansion as African Leaders Push for Industrial Self-Sufficiency DRC Pushes for Energy Transformation as It Showcases Massive Hydropower Potential at African Energy Forum
Gold Economy International

DRC Signs Gold Supply Deal with UAE Firm to Expand Access to Global Bullion Markets

Corporate News International Oil

Dangote Plans Major Refinery Expansion to Boost Capacity and Create Thousands of Jobs

International News Oil Petroleum

South Africa Turns to US Fuel Imports as Middle East Supply Risks Reshape Energy Trade

More Angolan Mining News

Gold Economy International

DRC Signs Gold Supply Deal with UAE Firm to Expand Access to Global Bullion Markets

DR Congo Partners with UAE-Based Paradigm Holdings to Boost Gold Exports Through Dubai Trading Hub…
Corporate News International Oil

Dangote Plans Major Refinery Expansion to Boost Capacity and Create Thousands of Jobs

Aliko Dangote Targets 1.4 Million Barrels Per Day Capacity Expansion at Dangote Refinery, Creating Up…
International News Oil Petroleum

South Africa Turns to US Fuel Imports as Middle East Supply Risks Reshape Energy Trade

South Africa Boosts US Fuel Imports Amid Strait of Hormuz Tensions and Rising Global Shipping…
International Energy Gas News

Senegal Takes Full Control of Yakaar-Teranga Gas Project After Kosmos Energy Withdrawal

Senegal Transfers Yakaar-Teranga Gas Project to State Firm PETROSEN as Kosmos Energy Exits Major Offshore…
International Corporate News Oil

Rhino Resources Advances Capricornus Oil Discovery Appraisal Offshore Namibia

Rhino Resources Launches Capricornus-1A Appraisal Well to Assess Light Oil Discovery in Namibia’s Orange Basin…
Corporate News Gas International Oil

TotalEnergies Expands Local Supplier Spending as Namibia’s Oil and Gas Sector Gains Momentum

TotalEnergies Invests $141 Million in Namibian Suppliers to Boost Local Participation in Offshore Oil and…
Corporate News Local Oil

Shell Returns to Angola with $1 Billion Deal to Explore 17 Ultra-Deepwater Oil Blocks

Shell Signs $1 Billion Agreement with Angola to Develop 17 Ultra-Deepwater Oil Blocks The National Agency for Petroleum, Gas and Biofuels (ANPG) and Shell have signed a landmark agreement defining the terms for exploration and development of 17 ultra-deepwater oil blocks off the Angolan coast. The deal represents an initial investment of nearly $1 billion and marks Shell’s return to Angola after a 20-year absence. The agreement follows the memorandum of understanding signed in November

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Renewable Energy Local News

Angola Positioned as a Renewable Energy Leader in Southern Africa

Angola Holds Major Potential for Solar and Hydropower Generation, Highlights German-Angolan Hydrogen Partnership Angola has one of the greatest potentials in Southern Africa for generating renewable energy from solar and hydropower sources, according to Vandre Spellmeier from the German-Angolan Hydrogen Office (H2-diplo). Spellmeier made the remarks on Wednesday in Luanda during the Conference on the Angola-Germany Energy Partnership. In a statement, Spellmeier emphasized Angola’s strategic importance in driving sustainable industrialization and strengthening the energy sector’s

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Gas International News

Egypt Discovers Major Natural Gas Reserves in the Western Desert

Egypt Uncovers Significant Natural Gas Discovery in Western Desert’s Badr-15 Sector Egypt’s Ministry of Petroleum and Mineral Resources has announced a major natural gas discovery in the country’s Western Desert, marking another step forward in efforts to boost domestic energy production and reduce dependence on imports. The find was made by Badr El Din Petroleum Company (BAPETCO) at the Badr-15 sector, following successful drilling at the BED 15-31 exploration well. According to the ministry, the

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International Renewable Energy

AfDB Approves $14.5 Million to Boost Zambia’s Renewable Energy with 20MW Garneton North Solar Project

African Development Bank Invests $14.5 Million in Zambia’s 20MW Garneton North Solar Project to Power 82,000 People The African Development Bank (AfDB) has approved a $14.54 million financing package to support the 20MW Garneton North Solar Project in Zambia’s Copperbelt Province, a key step in advancing the country’s renewable energy capacity and addressing its persistent power shortages. Once operational, the project will deliver clean and reliable electricity to approximately 82,000 people, while reducing annual carbon

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International Corporate News Gas

Halliburton Secures Contract from Shell for HI Gas Project Offshore Nigeria

Halliburton Wins Shell Contract for HI Gas Project to Boost Nigeria’s LNG Supply Halliburton has announced that the Shell Nigeria Exploration and Production Company (SNEPCo) has awarded it a major contract to deliver integrated drilling services for the HI gas project, located in the shallow waters of OML 144 off the Niger Delta coast. The Houston-based oilfield services company said it will deploy remote operations and automated drilling technologies to enhance safety, reduce operational costs,

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International Renewable Energy

Nigeria Secures $500 Million for Solar Manufacturing Plants, Begins Exporting Panels to Ghana

Nigeria Invests $500 Million to Boost Solar Manufacturing and Export Locally Made Panels to Ghana Nigeria’s Minister of Power, Adebayo Adelabu, has announced that the Federal Government, in collaboration with state governors and private investors, has secured about $500 million to establish solar manufacturing plants across the country. Adelabu revealed that Nigeria has begun exporting locally produced solar panels to Ghana, marking a major milestone in the nation’s push toward renewable energy independence and regional

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International Corporate News Oil

Libya’s NOC Announces Major Oil Discovery in Ghadames Basin

Libyan National Oil Corporation Discovers New Oil Well Producing 4,675 Barrels Daily in Ghadames Basin The Libyan National Oil Corporation (NOC) has announced a significant oil discovery in an exploratory well located south of the Western Mountain in the Ghadames Basin, approximately 450 kilometers southwest of Tripoli. According to the NOC, the newly drilled well is estimated to produce around 4,675 barrels of crude oil and 2 million cubic feet of natural gas per day.

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Corporate News International Oil

Chevron Expands West African Portfolio with Offshore Exploration in Guinea-Bissau

Chevron to Explore Offshore Oil and Gas in Guinea-Bissau’s MSGBC Basin Chevron has announced plans to explore oil and gas reserves offshore Guinea-Bissau, targeting two key blocks within the highly prospective MSGBC Basin. The MSGBC Basin spanning Mauritania, Senegal, The Gambia, Guinea-Bissau, and Guinea-Conakry has become one of West Africa’s most promising hydrocarbon regions, attracting significant industry attention after several major discoveries in recent years. Liz Schwarze, Chevron’s Vice President for Exploration, expressed enthusiasm about

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Corporate News Diamonds International

De Beers Q3 Diamond Production Surges 38% Led by Botswana Mines

De Beers Reports 38% Increase in Q3 Diamond Output, Driven by Jwaneng Mine Diamond miner De Beers produced 7.7 million carats in the third quarter ended September 30, marking a 38% year-on-year increase. The growth was primarily driven by higher output from its Jwaneng mine in Botswana. Operations in Botswana saw a 51% year-on-year rise in diamond production, totaling six million carats for the quarter. De Beers attributed the increase to the processing of higher-grade

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Renewable Energy International

Zambia Launches $245 Million, 200 MW Solar Project to Boost Clean Energy

Zambia Breaks Ground on 200 MW Solar Plant in Mumbwa to Reduce Hydropower Dependence Zambia has taken a major step toward energy diversification with the groundbreaking of a US$245 million, 200-megawatt solar power plant in Chief Moono’s Chiefdom, Mumbwa District. The ceremony was officiated by Minister of Energy, Honourable Makozo Chikote, MP, who described the project as a milestone in Zambia’s transition toward renewable energy and reduced reliance on hydropower. Minister Chikote highlighted that several

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