Angolan Mining Oil & Gas - Page 4 of 389 - Top Angolan News for Oil, Gas and Mining Industries

Murphy Oil Advances Côte d’Ivoire Exploration Despite Caracal-1X Dry Hole

25, February, 202625, February, 2026

Murphy Oil to Drill Bubale-1X in Côte d’Ivoire After Caracal-1X Well Declared Dry Murphy Oil Corporation has completed drilling operations at the Caracal-1X well in Block CI-102 offshore Côte d’Ivoire, reaching a total depth of 8,534 feet (2,601 meters). The company has classified the well as a dry hole after failing to encounter commercially viable hydrocarbons. Subsurface data acquired during drilling will be integrated into ongoing technical evaluations to refine prospectivity across the remaining acreage

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International News Oil

Ghana Ratifies License Extensions for Jubilee and TEN Fields Through 2040

25, February, 202625, February, 2026

Ghana Approves Kosmos Energy License Extensions to 2040, Unlocking $2 Billion Investment and Boosting Jubilee & TEN Output Kosmos Energy has secured parliamentary ratification in Ghana for license extensions covering the West Cape Three Points and Deepwater Tano Petroleum Agreements. The approvals allow continued operations at the Jubilee and TEN fields through 2040, reinforcing long-term production and investment certainty in the country’s offshore sector. The extensions are expected to unlock up to $2 billion in

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Diamonds Corporate News International

Okavango Diamond Company Expands Contract Sales to Cushion Market Downturn

24, February, 202624, February, 2026

Botswana’s Okavango Diamond Company to Increase Contract Diamond Sales Amid Weak Global Market Botswana’s state-owned Okavango Diamond Company (ODC) plans to increase the proportion of diamonds it sells through long-term contracts as it adapts to challenging global market conditions, acting managing director Lipalese Makepe said on Wednesday. Contract sales provide greater pricing stability and predictability compared with auctions and tenders, which are typically more competitive and prone to price volatility. The shift comes as rough

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Renewable Energy Corporate News International

SOLA Group Reaches Financial Close on 300MW Naos-1 Hybrid Solar and Storage Project

24, February, 202624, February, 2026

SOLA Group Financial Close on Naos-1: 300MW Solar and 660MWh Battery Project to Wheel Private Power in South Africa SOLA Group has achieved Financial Close and begun construction of its Naos-1 Hybrid Solar and Battery Project, marking a significant milestone in South Africa’s evolving private electricity market. The development integrates a 300MW solar photovoltaic facility (435MWp) with 660MWh of battery energy storage. The project is underpinned by long-term power purchase agreements with Sasol and Air

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International Corporate News Diamonds

De Beers Posts $511 Million Loss in 2025 Amid Lower Diamond Prices and Stock Rebalancing

24, February, 202624, February, 2026

De Beers 2025 Financial Results: $511M Loss Driven by Falling Diamond Prices and Stock Rebalancing Diamond miner De Beers reported a challenging 2025 financial year, posting an underlying loss before interest, taxes, depreciation, and amortisation (EBITDA) of $511 million, compared with a loss of $25 million in 2024. The decline was driven by a lower average rough price index and stock rebalancing initiatives. Production and Sales Rough diamond production fell 12% to 21.7 million carats

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International Energy News

ERB Clears 29 Licences and Major Solar Project to Boost Zambia’s Energy Sector

24, February, 202624, February, 2026

Zambia’s Energy Regulation Board Approves ZMW 2.45 Billion in New Energy and Petroleum Investments The Energy Regulation Board (ERB) has approved 29 licence applications and five construction permits across the petroleum, electricity and renewable energy sub-sectors, representing a total committed investment of ZMW 2.45 billion (approximately US$130 million). The approvals were granted by the Board’s Licensing Committee at its meeting on 13 February 2026, signalling sustained investor confidence in Zambia’s energy market. The ERB stated

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International Diamonds Mining Projects

Botswana Accelerates Exploration Drive as It Seeks to Diversify Beyond Diamonds

19, February, 202619, February, 2026

Botswana Expands Mining Exploration Strategy to Reduce Diamond Dependence and Target Critical Minerals Botswana is preparing to significantly increase mining exploration activity including the search for critical minerals as it moves to reduce its long-standing dependence on diamonds. Mines Minister Bogolo Joy Kenewendo announced on Tuesday that the government plans to survey the approximately 70% of the country’s territory that remains geologically unexplored. The Southern African nation, widely regarded as one of Africa’s most stable

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International Exploration Gas Oil

Libya Awards New Oil and Gas Exploration Blocks in First Licensing Round Since 2007

18, February, 202618, February, 2026

Libya Grants Exploration Licenses to Chevron, Eni, QatarEnergy and Repsol in Major Oil and Gas Round Libya has awarded new oil and gas exploration blocks to several international energy companies, including Chevron, Eni, QatarEnergy and Repsol, marking the country’s first licensing round in nearly two decades. The bidding results were announced by Libya’s National Oil Corporation (NOC). The round the first since 2007 allocated exploration acreage in the onshore Sirte and Murzuq basins, as well

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International Gas News

NNPC Announces Temporary Gas Supply Reduction During Seplat Maintenance

18, February, 202618, February, 2026

NNPC Confirms Seplat Maintenance from Feb 12–15 May Temporarily Reduce Gas Supply to Nigerian Power Plants Nigerian National Petroleum Company Limited (NNPC Ltd.) has announced that Seplat Energy will conduct routine maintenance on its gas production facilities from February 12 to 15, 2026. According to a statement issued by NNPC’s Chief Corporate Communications Officer, Andy Odeh, the scheduled work may temporarily reduce gas supply to some power generation companies connected to the NNPC Gas Infrastructure

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International Corporate News Exploration Gas Oil

CNOOC to Launch Offshore Exploration in Mozambique as LNG Projects Regain Momentum

18, February, 202618, February, 2026

CNOOC Begins Mozambique Drilling Next Month as Rovuma Basin LNG Projects Resume Development China National Offshore Oil Corporation (CNOOC) plans to begin hydrocarbon exploration offshore Mozambique next month, targeting blocks awarded during the country’s sixth licensing round in 2022. Mozambique’s Minister of Energy, Estêvão Pale, announced at Mining Indaba 2026 in Cape Town that preparations for drilling activities will commence in March. He indicated that the government remains in the early stages of exploration across

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