Vital Industry News
Angola to Lead High-Level Mining Investment Panel at Africa Down Under in Australia Zambia Approves $971.5 Million in Energy Investments as Power Shortage Persists DNO Sells Côte d’Ivoire Oil and Gas Assets to Panoro Energy for $86.5 Million Equinor Enters Namibia’s Offshore Oil Sector with 17.4% Stake in Orange Basin Block Botswana’s 2,488-Carat Motswedi Diamond Finds Buyer After Two Decades Norwegian Energy Company Joins Chevron in Namibia’s Orange Basin South Africa’s Constitutional Court Blocks Shell Offshore Exploration AfDB Approves $265 Million to Advance Zambia’s Lobito Corridor Rail Link Sonatrach Deepens Energy Cooperation with Niger Through Exploration and Fuel Agreements Angola’s Diamond Industry Reviews Market Conditions Amid Global Shifts
Local Expos & Events News

Angola to Lead High-Level Mining Investment Panel at Africa Down Under in Australia

International News Renewable Energy

Zambia Approves $971.5 Million in Energy Investments as Power Shortage Persists

Corporate News Gas International Oil

DNO Sells Côte d’Ivoire Oil and Gas Assets to Panoro Energy for $86.5 Million

More Angolan Mining News

Local Expos & Events News

Angola to Lead High-Level Mining Investment Panel at Africa Down Under in Australia

Angola to Showcase Critical Minerals Investment Opportunities at Africa Down Under 2026 in Australia Angola…
International News Renewable Energy

Zambia Approves $971.5 Million in Energy Investments as Power Shortage Persists

Zambia Approves $971.5 Million in Energy Projects Amid Power Deficit Zambia’s Energy Regulation Board (ERB)…
Corporate News Gas International Oil

DNO Sells Côte d’Ivoire Oil and Gas Assets to Panoro Energy for $86.5 Million

DNO Sells Côte d’Ivoire Assets to Panoro Energy in $86.5 Million Deal Norwegian oil and…
Corporate News International Oil

Equinor Enters Namibia’s Offshore Oil Sector with 17.4% Stake in Orange Basin Block

Equinor Acquires 17.4% Stake in Namibia’s Orange Basin Oil Block Norwegian energy company Equinor is…
Diamonds International News

Botswana’s 2,488-Carat Motswedi Diamond Finds Buyer After Two Decades

Botswana’s 2,488-Carat Motswedi Diamond Sold After 20 Years Without a Buyer Botswana’s 2,488-carat Motswedi diamond,…
International Corporate News Oil

Norwegian Energy Company Joins Chevron in Namibia’s Orange Basin

Norwegian Energy Firm Joins Chevron in Namibia’s Orange Basin Oil Exploration Norwegian energy company Equinor…
International Corporate News Gas

VAALCO Brings New Gas-Supply Well Online Offshore Gabon

VAALCO Brings New Gas-Supply Well Online Offshore Gabon to Cut Diesel Costs and Boost Field Efficiency VAALCO Energy has successfully drilled, completed and brought the ETBNM-3 gas-supply well into production offshore Gabon, strengthening the company’s operations at the Etame Marin block. The well, located on the North Tchibala structure, targets the Dentale D-15 reservoir and delivered results above pre-drill expectations. It encountered strong porosity and permeability, with more than 10 metres of net reservoir pay.

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Corporate News International Oil

Saipem Secures $260 Million Offshore Drilling Contract in Ivory Coast

Saipem Secures $260 Million Ivory Coast Offshore Drilling Contract as Baleine Development Expands Italian energy services company Saipem has secured a $260 million offshore drilling contract from Eni Côte d’Ivoire for a long-term development drilling campaign off the coast of Ivory Coast. Under the agreement, Saipem will deploy its Santorini drillship, with operations expected to begin in early 2027. The contract includes a firm drilling commitment as well as options for additional work, including the

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International Gas News Oil

Nigeria Approves New Deep Offshore Incentives to Unlock $50 Billion in Investment

Nigeria Approves Deep Offshore Incentives to Unlock $50 Billion in Oil and Gas Investment Nigeria has approved a new deep offshore oil and gas investment framework designed to attract up to $50 billion in fresh investment, revive stalled projects and increase the country’s oil production capacity. Approved by President Bola Ahmed Tinubu, the framework replaces the previous system of project-by-project negotiations with a more transparent and rules-based incentive regime. The government says the new approach

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Corporate News Local Mining

Pensana Joins US Presidential Briefing on Critical Minerals Supply

Pensana’s Angola Rare Earth Project Gains US Attention as Washington Targets Non-Chinese Critical Mineral Supply Pensana has participated in a private briefing with US President Donald Trump, Secretary of State Marco Rubio and senior US officials focused on strengthening independent American supply chains for rare earths and other critical minerals. The briefing highlighted the US administration’s support for reducing reliance on China for critical mineral supplies, particularly rare earth elements used in defence systems, electric

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Corporate News Diamonds International

Lucara Revenue Falls 6% as Karowe Underground Project Advances

Lucara Revenue Falls 6% to $41 Million as Karowe Underground Project Advances Toward 2028 Production Botswana-focused diamond producer Lucara Diamond Corp. reported a 6% year-on-year decline in second-quarter revenue to $41 million, mainly due to lower carat sales and a weaker average price for diamonds weighing less than 10.8 carats. The company recovered 90,082 carats during the quarter, including 176 special diamonds weighing more than 10.8 carats. The period also included the sale of the

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International News Oil

Nigeria Offers Fresh Cawthorne Crude Cargo as Middle East Tensions Reshape Oil Markets

Nigeria Offers 950,000-Barrel Cawthorne Crude Cargo as Middle East Tensions Boost West African Oil Demand Nigeria is preparing to sell another 950,000-barrel cargo of Cawthorne crude, as the country seeks to build international demand for its newest oil grade amid heightened volatility in global energy markets. The Nigerian National Petroleum Company (NNPC) has issued a tender for the Cawthorne cargo, which is scheduled to load on September 21–22. The shipment will be sold on a

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Local News Renewable Energy

Angola Bets on Renewables as PRODEL Accelerates the Country’s Energy Transition

Angola’s Renewable Power Push: PRODEL Targets Cleaner and More Reliable Energy Supply Angola is accelerating its shift towards renewable energy, with the state-owned Public Electricity Production Company (PRODEL) highlighting the growing role of clean power in the country’s electricity mix. PRODEL President Pedro Afonso said renewable sources currently account for around 91% of energy consumed across Angola, placing the country among the African nations with the highest proportion of clean energy in domestic consumption. The

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Local Energy News

Angola’s $4.5 Billion Caculo Cabaça Dam Powers Ahead as Construction Accelerates

Angola’s 2,172MW Caculo Cabaça Hydropower Project Nears Completion as Construction Accelerates Construction of Angola’s landmark Caculo Cabaça Hydropower Project is advancing rapidly, with work on the main dam structure progressing as the country moves closer to adding 2,172 megawatts of new generation capacity to its power system. Located on the Kwanza River in Kwanza Norte Province, about 250 kilometres east of Luanda, the $4.5 billion project is being developed by Angola’s Ministry of Energy and

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Diamonds Local News

Angola’s Diamond Push Gains Momentum as New Mines Reshape the Industry

Angola Diamond Industry Targets Global Top Two by 2030 With New Mining Projects Angola is stepping up efforts to strengthen its diamond industry, targeting a rise to the world’s second-largest diamond producer by 2030 through increased investment, structural reforms and stronger transparency standards. The government says the ambition will be supported by strategic partnerships with international mining companies and the expansion of major projects that can significantly increase national output. The Luele mine in Lunda

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Local Economy News Oil

Angola’s Oil Revenue Surges to $8.91 Billion as Crude Exports Gain Momentum

Angola Oil Revenue Jumps 54.7% to $8.91 Billion in Second Quarter Angola generated $8.91 billion from crude oil exports in the second quarter of 2026, marking a sharp increase in petroleum revenues and highlighting the continued importance of oil to the country’s export earnings. The country exported 88.12 million barrels of crude during the quarter, according to Secretary of State for Mineral Resources Jaime Victor. Oil export revenue increased by 54.71% compared with the same

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