Vital Industry News
Rovuma LNG Expected to Transform Mozambique Economy With Multi-Billion-Dollar Annual Gains TotalEnergies Local Procurement Tops US$141 Million as Namibia Supplier Base Expands Namibian Businesses Urged to Raise Standards to Access Oil and Gas Opportunities Kudu Gas Commercialisation Faces Long Road Despite Namibia’s Energy Ambitions Nasan Energies Completes Acquisition of Divested Vivo Energy Service Stations in Namibia Afentra Expands Angola Portfolio with Award of KON4 Onshore Oil Block Impact Oil & Gas Splits Assets in Strategic Restructuring to Prioritize Namibian Oil Development Eskom Begins Major Solar Rollout at Lethabo Power Station Under R1.2 Billion Green Energy Plan Petra Diamonds Restructures Operations as Weak Diamond Prices Pressure South African Mines DRC Launches New Diamond Company to Strengthen Local Processing and Exports
Corporate News Gas International

Rovuma LNG Expected to Transform Mozambique Economy With Multi-Billion-Dollar Annual Gains

International Corporate News Oil

TotalEnergies Local Procurement Tops US$141 Million as Namibia Supplier Base Expands

International Gas News Oil

Namibian Businesses Urged to Raise Standards to Access Oil and Gas Opportunities

More Angolan Mining News

Corporate News Gas International

Rovuma LNG Expected to Transform Mozambique Economy With Multi-Billion-Dollar Annual Gains

Rovuma LNG Project May Boost Mozambique GDP by $11 Billion a Year, Says Standard Bank…
International Corporate News Oil

TotalEnergies Local Procurement Tops US$141 Million as Namibia Supplier Base Expands

TotalEnergies Spends US$141 Million on Namibian Suppliers, Expands Local Content Drive TotalEnergies has spent more…
International Gas News Oil

Namibian Businesses Urged to Raise Standards to Access Oil and Gas Opportunities

Certification, Compliance and Infrastructure Key for Namibian Suppliers Seeking Oil and Gas Contracts Namibian businesses…
International Corporate News Gas

Kudu Gas Commercialisation Faces Long Road Despite Namibia’s Energy Ambitions

Wood Mackenzie Warns Kudu Gas Project Faces Infrastructure and Demand Challenges Before Commercialisation Offshore gas…
International Corporate News Mergers & Acquisitions Oil

Nasan Energies Completes Acquisition of Divested Vivo Energy Service Stations in Namibia

Nasan Energies Acquires Former Engen and Shell Service Stations as Vivo Energy Completes Regulatory Divestment…
Corporate News Local Oil

Afentra Expands Angola Portfolio with Award of KON4 Onshore Oil Block

Afentra Secures 35% Operating Stake in Angola’s KON4 Block Under New Risk Service Contract Afentra…
International News Oil

Indian Refiners Diversify Crude Imports Amid Strait of Hormuz Disruptions

India Boosts Oil Imports from Africa and Latin America as Middle East Supply Disruptions Shift Trade Flows Indian refiners have increased crude oil imports from Africa and Latin America as disruptions in Middle Eastern supply routes linked to heightened tensions affecting shipping through the Strait of Hormuz continue to reshape global oil trade flows. The shift comes as India, the world’s third-largest oil importer, adjusts its sourcing strategy to manage supply uncertainty and maintain refinery

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Local Gold News

Angola Gold Mine Landslide Leaves 28 Dead as Illegal Mining Crisis Deepens in Bengo Province

Angola Landslide Kills at Least 28 at Illegal Gold Mine, Exposing Rising Risks in Informal Mining Sector At least 28 people have died following a devastating landslide at an illegal gold mining site in Bengo Province, northwest of Angola’s capital Luanda, highlighting the growing dangers linked to the country’s expanding informal mining sector. The collapse occurred at an unregulated mining site where artisanal miners were extracting gold when the ground gave way. Provincial civil protection

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Gold International News

Ghana Reviews Gold Fields’ Tarkwa Mine Lease as It Tightens Control Over Mining Concessions

Ghana Refuses Automatic Renewal of Gold Fields’ Tarkwa Mine Lease as 2027 Expiry Approaches Ghana has indicated that it will not automatically renew the mining lease for Gold Fields Limited’ Tarkwa mine, as the agreement approaches its expiration in 2027. The decision signals a broader shift toward stricter regulatory oversight of long-term mining concessions in the country. The Tarkwa mine, one of Gold Fields’ key assets in Ghana, produced approximately 427,000 ounces of gold in

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International Corporate News Oil

Eni Targets Faster $4 Billion Expansion of Côte d’Ivoire’s Baleine Offshore Oil Project

Eni Plans to Accelerate $4 Billion Baleine Oil and Gas Expansion in Côte d’Ivoire as Crude Prices Strengthen Italian energy company Eni is seeking to accelerate the $4 billion expansion of its offshore Baleine oil and gas project in Côte d’Ivoire, supported by stronger crude oil prices that are improving the project’s economic outlook. According to Eni Chief Operating Officer Guido Brusco, the company is evaluating options to shorten the development timeline for Baleine Phase

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Corporate News Diamonds International

Gem Diamonds Reports $32.1 Million Quarterly Revenue Driven by High-Value Stone Sales

Gem Diamonds Earns $32.1 Million as High-Value Letšeng Diamonds Boost Quarterly Performance Diamond producer Gem Diamonds reported revenue of $32.1 million for the quarter ended March 31, supported by the sale of several large, high-value diamonds recovered from its Letšeng Mine operation in Lesotho. During the quarter, production was largely sourced from the mine’s lower-grade and lower-value main pipe, with a smaller contribution from the higher-grade satellite pipe, in line with the Letšeng mine plan.

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Local Expos & Events Oil

Angola Showcases Oil Investment Opportunities at Africa Energies Summit 2026 in London

Angola Strengthens Its Position as a Leading Oil Investment Destination at Africa Energies Summit 2026 ANPG reaffirmed Angola’s growing influence on the global energy stage during the Africa Energies Summit 2026 held in London. The event provided Angola with an important platform to strengthen its image as one of Africa’s most attractive destinations for oil and gas investment. During the summit, ANPG promoted Angola’s energy potential to leading international oil and gas companies, highlighting the

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Corporate News Local Oil

João Lourenço Defends Angola’s Exit from OPEC and Lobito Refinery Investment

Angolan President João Lourenço Says OPEC Exit and Lobito Refinery Strategy Were Vindicated by Middle East Crisis Angolan President João Lourenço said on Wednesday that the ongoing conflict in the Middle East has reinforced the correctness of Angola’s decision to withdraw from the Organization of the Petroleum Exporting Countries (OPEC) and resume construction of the Lobito refinery. The head of state made the remarks while answering journalists’ questions at the Presidential Palace in Luanda, following

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Local News Oil

Angola Invites Gabon to Invest in Lobito Refinery Project

Angola Seeks Gabon’s Investment in $200,000-Barrel-Per-Day Lobito Refinery to Boost Regional Fuel Supply Angola has invited Gabon to participate as an investor in the Lobito Refinery project, currently under construction and fully financed by the state oil company Sonangol. The invitation was extended by Angola’s Minister of Mineral Resources, Petroleum and Gas, Diamantino Azevedo, during a visit by Gabonese President Brice Clotaire Oligui Nguema to the Luanda Refinery on the second day of his two-day

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Corporate News Local Oil

ANPG and Etu Energias Complete Successful Espadarte 7ST2 Well in Angola’s Block 2/05

Angola’s Block 2/05 Boosted as ANPG and Etu Energias Confirm Successful Espadarte 7ST2 Well Completion and Strong Oil Output The National Agency for Petroleum, Gas and Biofuels (ANPG), in partnership with Etu Energias and other stakeholders of Block 2/05, has announced the safe and successful completion of drilling, completion, and testing operations of the Espadarte 7ST2 (ESP 7ST2) well, located in the Lower Congo Basin, Angola. According to a statement from Etu Energias accessed by

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Local News Transport and Logistics

Angola–EU Business Forum Targets Major Investment Push for Lobito Corridor Development

Angola-EU Business Forum 2026 Focuses on Mobilizing Investment for Lobito Corridor Infrastructure, Trade, and Energy Growth The 3rd Angola–European Union (EU) Business Forum opened on Tuesday in Luanda, with a strong focus on attracting European investment to accelerate the development of the Lobito Corridor across key sectors including agribusiness, transport, logistics, and energy. Held under the theme “From Dialogue to Concrete Investment,” the forum forms part of broader efforts to strengthen economic cooperation and advance

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