Vital Industry News
South Africa Raises Petrol Prices as Global Oil Tops $100 and Fuel Levy Relief Is Rolled Back Lucara Reports Robust 2025 Performance and Major Progress on Karowe Underground Expansion Puma Energy Reaffirms Investment Push in Mozambique’s Energy Transition and CNG Expansion 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
International News Oil Petroleum

South Africa Raises Petrol Prices as Global Oil Tops $100 and Fuel Levy Relief Is Rolled Back

Corporate News Diamonds International

Lucara Reports Robust 2025 Performance and Major Progress on Karowe Underground Expansion

International Corporate News Oil

Puma Energy Reaffirms Investment Push in Mozambique’s Energy Transition and CNG Expansion

More Angolan Mining News

International News Oil Petroleum

South Africa Raises Petrol Prices as Global Oil Tops $100 and Fuel Levy Relief Is Rolled Back

South Africa Faces Higher Fuel Costs as Oil Prices Surge and Government Scales Back Relief…
Corporate News Diamonds International

Lucara Reports Robust 2025 Performance and Major Progress on Karowe Underground Expansion

Lucara’s Karowe Mine Delivers Strong 2025 Output as Underground Expansion Advances Toward 2038 Life Extension…
International Corporate News Oil

Puma Energy Reaffirms Investment Push in Mozambique’s Energy Transition and CNG Expansion

Puma Energy to Expand Mozambique Operations With Focus on CNG, Carbon Projects and Rural Fuel…
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 Gold News

Ghana Pushes to Increase Gold Purchases from Miners Under Expanded Reserve Strategy

Ghana Seeks Larger Share of Gold Output for Central Bank Reserves as Talks with Miners Continue Ghana is seeking to increase the share of gold production sold to its central bank by large-scale mining companies as part of an expanded reserve accumulation programme aimed at strengthening external buffers and supporting currency stability. Under the revised proposal, industrial gold miners would supply 30% of their annual production to the Bank of Ghana in dore form, up

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International News Oil

Egypt Announces Significant Oil and Gas Discovery in Western Desert After 15 Years

Egypt Uncovers Major Oil and Gas Reserves in Western Desert as Production and Investment Expand Egypt has announced its largest oil and gas discovery in its desert regions in more than 15 years, marking a significant development in the country’s upstream energy sector. The discovery was made through the Bustan South-1X exploratory well, drilled by Agiba Petroleum a joint venture between the Egyptian General Petroleum Corporation (EGPC) and Eni using the EDC-9 drilling rig operated

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International News Oil

Nigeria Plans Equity-Based Chinese Partnership to Revive State-Owned Refineries

Nigeria Considers 51% Chinese Stake in Port Harcourt and Warri Refineries Under Major Refining Reform Plan Nigeria is considering a major restructuring of its downstream petroleum sector that could see Chinese investors take majority stakes in two of its key refineries as part of efforts to restore long-stalled operations and reduce dependence on imported fuel. The Nigerian National Petroleum Company Limited (NNPC) is reportedly advancing a proposal that could grant up to 51% equity participation

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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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