Angolan Mining Oil & Gas - Page 39 of 389 - Top Angolan News for Oil, Gas and Mining Industries

Seplat Energy Plans Major Investments in Nigeria After ExxonMobil Asset Acquisition

29, September, 202529, September, 2025

Seplat Energy to Boost Nigeria Oil and Gas Output Following ExxonMobil Shallow-Water Asset Deal Seplat Energy Plc has announced plans for significant investment in Nigeria over the coming years following its acquisition of ExxonMobil’s shallow-water assets. The acquisition brought Mobil Producing Nigeria Unlimited under Seplat’s portfolio, marking what CEO Roger Brown described as a turning point for the company. Speaking at the firm’s Capital Markets Day, Brown said the transaction strengthens Seplat’s position and makes

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Renewable Energy International News

RWE Pulls Out of Namibia’s $10 Billion Green Ammonia Project, Jeopardizing Hydrogen Ambitions

29, September, 202529, September, 2025

RWE Exits $10B Hyphen Green Ammonia Project, Namibia’s Hydrogen Hub Plans Hit Setback German power utility RWE has withdrawn from Namibia’s $10 billion Hyphen Green Ammonia venture, delivering a major blow to the southern African nation’s aspirations to become a leading hydrogen hub. The decision highlights growing caution among energy companies toward costly investments in emerging technologies, particularly amid slower-than-expected demand for hydrogen and hydrogen derivatives in Europe. RWE had signed a preliminary, non-binding memorandum

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International Corporate News Oil

PENGASSAN Strike Shuts Down Major Nigerian Oil Institutions, Halts Dangote Refinery Operations

29, September, 202529, September, 2025

PENGASSAN Strike Halts Dangote Refinery, Shuts Down NNPC, NUPRC, and NMDPRA Operations in Nigeria Major oil institutions in Nigeria, including the Nigerian National Petroleum Company Limited (NNPC), the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), and the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), have been shut down following a strike initiated by the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) on Monday. Background to the Strike The disruption follows reports on

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Oil International News

Nigerian Billionaire Arthur Eze Secures Four Offshore Oil Blocks in Liberia

29, September, 202529, September, 2025

Arthur Eze’s Atlas Oranto Petroleum Wins Four Offshore Exploration Blocks in Liberia, Boosting West Africa’s Oil Sector Nigerian billionaire Prince Arthur Eze has secured four offshore exploration blocks in Liberia through his company, Atlas Oranto Petroleum Limited, marking a significant milestone for Liberia’s long-stalled energy sector. The Liberia Petroleum Regulatory Authority (LPRA) and Atlas Oranto Petroleum International Ltd. signed four Production Sharing Contracts (PSCs) in Paris — Liberia’s first major upstream oil agreements in over

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Renewable Energy International News

EU Launches €545 Million Renewable Energy Fund to Power Africa’s Future

29, September, 202529, September, 2025

European Union Announces €545 Million Renewable Energy Package to Boost Electrification in Africa The European Union has announced a €545 million ($638 million) renewable energy investment package aimed at accelerating electrification, modernizing power grids, and improving access to clean energy across Africa. Despite Africa’s vast renewable energy potential, nearly 600 million people on the continent still live without electricity. The European Commission stated that this initiative could help create up to 38 million green jobs

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Diamonds International News

Botswana Launches Emergency Diamond Auction to Boost Revenues Amid Market Slump

28, September, 202528, September, 2025

Botswana Holds Rare Diamond Auction as Global Gem Demand Weakens Botswana is staging an unprecedented diamond auction in a bid to shore up government revenues battered by a prolonged slump in the global gems market. The state-owned Okavango Diamond Company (ODC) is offering about 1 million carats of rough diamonds in a one-off “closed” tender, ODC spokesperson Dennis Tlaang confirmed on Thursday. Unlike the company’s regular auctions—planned well in advance for registered buyers—this ad-hoc sale

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Corporate News Diamonds International

Petra Diamonds Seeks Further Extension for Refinancing Commitment Agreement

26, September, 202526, September, 2025

Petra Diamonds Extends Refinancing Deadline Again as Talks Continue with Senior Lender London-listed Petra Diamonds has announced that it requires a further extension to finalise the terms of a commitment agreement with a senior secured bank lender as part of its ongoing refinancing plans. The original deadline for entering into a commitment letter under the terms of a lock-up agreement was extended from September 10 to September 24. However, full agreement on terms has not

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Corporate News Gold International

Newmont Achieves First Gold at Ahafo North Mine in Ghana

26, September, 202526, September, 2025

Newmont Pours First Gold at Ahafo North Project in Ghana, Commercial Output Set for Q4 2025 Gold producer Newmont has poured its first gold at the Ahafo North project in Ghana, marking a major milestone on September 19, 2025, as the company advances toward commercial production in the fourth quarter of this year. “The first gold pour at Ahafo North represents a major operational milestone that validates years of careful planning, engineering, and construction, and

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Diamonds Corporate News Local

Angola Bids for Minority Stake in De Beers as Botswana Pushes for Control

24, September, 202524, September, 2025

Angola’s ENDIAMA Seeks Minority Stake in De Beers to Promote Pan-African Ownership, Countering Botswana’s Push for Control Angola’s state-owned diamond company, ENDIAMA E.P., has submitted a fully funded offer to acquire a strategic minority stake in De Beers, signaling a major shift in African diamond industry dynamics. The Angolan government clarified that the bid is not aimed at majority control. Instead, it seeks to foster a pan-African ownership model that would support De Beers’ long-term

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Corporate News Gas International

ExxonMobil Stresses Security as Key to Mozambique LNG Project in Cabo Delgado

24, September, 202524, September, 2025

ExxonMobil Says Mozambique LNG Project Could Begin by 2030 if Cabo Delgado Security Improves US energy giant ExxonMobil has reaffirmed that security remains the decisive factor for advancing its multi-billion-dollar LNG project in Cabo Delgado, northern Mozambique. The company is leading the construction and future operation of natural gas liquefaction and related facilities for Area 4, one of the Rovuma Basin’s largest offshore blocks. The project is operated by Mozambique Rovuma Venture (MRV), a joint

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