Vital Industry News
Egypt Secures Initial Financing for Scatec’s $650 Million Solar Power Project Angola’s Fuel Import Bill Nears $1 Billion in Third Quarter Despite Refining Expansion Plans Angola and South Korea Deepen Energy Partnership to Boost Power Sector Investment Angola Calls for Stronger Natural Gas Cooperation and Sustainable Resource Development Angola Generates $8.33 Billion from Oil Exports in Third Quarter Tanzania Signals Interest in Angola’s Lobito Refinery Project Tanzania Strikes Major Natural Gas Discovery as Energy Ambitions Gain Momentum Angola Approves New Mining Projects as Government Updates Concession Portfolio TotalEnergies Completes $800 Million Divestment of Nigerian Oil Assets While Retaining Key Gas Interests XRG Explores Strategic Entry into Libya Through Potential Stake in Eni’s Energy Assets
International News Renewable Energy

Egypt Secures Initial Financing for Scatec’s $650 Million Solar Power Project

Petroleum Local News Oil

Angola’s Fuel Import Bill Nears $1 Billion in Third Quarter Despite Refining Expansion Plans

Local Energy News

Angola and South Korea Deepen Energy Partnership to Boost Power Sector Investment

More Angolan Mining News

International News Renewable Energy

Egypt Secures Initial Financing for Scatec’s $650 Million Solar Power Project

Egypt Advances Renewable Energy Ambitions with Preliminary Financing for $650 Million Scatec Solar Project Egypt…
Petroleum Local News Oil

Angola’s Fuel Import Bill Nears $1 Billion in Third Quarter Despite Refining Expansion Plans

Angola Spends Nearly $1 Billion on Fuel Imports in Q3 as Government Pushes Refining Capacity…
Local Energy News

Angola and South Korea Deepen Energy Partnership to Boost Power Sector Investment

Angola and South Korea Strengthen Electricity Sector Cooperation to Accelerate Energy Infrastructure Investment Angola and…
Local Gas News

Angola Calls for Stronger Natural Gas Cooperation and Sustainable Resource Development

Diamantino Azevedo Urges Greater Natural Gas Cooperation to Drive Sustainable Growth Across Producing Nations Angola’s…
Local Economy News Oil

Angola Generates $8.33 Billion from Oil Exports in Third Quarter

Angola’s Oil Export Revenue Reaches $8.33 Billion in Q3 as Energy Sector Remains Economic Backbone…
Local News Oil

Tanzania Signals Interest in Angola’s Lobito Refinery Project

Tanzania Eyes Partnership in Angola’s Lobito Refinery as Regional Energy Cooperation Gains Momentum Tanzania has…
International News Oil

Nigerian Navy Uncovers 75,000 Litres of Suspected Stolen Crude Oil in Delta State

Nigeria’s Navy Discovers 75,000 Litres of Suspected Stolen Crude Oil in Three Underground Reservoirs The Nigerian Navy has uncovered 75,000 litres of suspected crude oil stored in three underground reservoirs in Delta State during operations targeting oil theft and illegal petroleum activities. The discoveries were made by personnel aboard Nigerian Navy Ship (NNS) Delta under Operation Delta Sentinel in the Oteghele area on October 12 and 14, 2026. The first operation uncovered approximately 30,000 litres

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Corporate News Diamonds International

De Beers Raises 2026 Production Forecast Despite Third-Quarter Decline

De Beers Lifts 2026 Diamond Output Guidance to 28 Million Carats After Taking Full Control of Gahcho Kué De Beers reported an 11% year-on-year decline in rough diamond production to 6.8 million carats in the third quarter of 2026, as planned maintenance at its Orapa mine in Botswana and reduced output at Venetia in South Africa weighed on performance. Despite the decline, the diamond producer raised its full-year production guidance to between 25 million and

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Energy International News

Botswana Targets Electricity Exports to Zambia by 2027

Botswana Plans 100 MW Power Exports by 2027 as Regional Energy Trade Expands Botswana is targeting electricity exports of at least 100 megawatts (MW) by the end of 2027, with Zambia among the regional markets it hopes to supply as it strengthens domestic generation and cross-border transmission infrastructure. The target forms part of Botswana’s broader strategy to achieve electricity self-sufficiency and transition from reliance on imported power to becoming a potential net exporter within the

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International Expos & Events Sponsored

Imbono and University of Cape Town Partner to Advance Future-Ready

Partnership combines academic research with real-world experience to develop practical tool to improve infrastructure resilience across emerging markets Dubai, UAE / Cape Town, South Africa: Imbono, an operational platform focused on infrastructure and critical logistics across emerging markets, the University of Cape Town (UCT) and Abu Dhabi University (ADU), have signed a three-year academic partnership to develop a framework for assessing and improving the resilience of infrastructure across Sub-Saharan Africa. Infrastructure development is essential to

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Oil Corporate News Local

Angola’s ANPG and Sonangol Sign Agreement to Advance Biofuels Development

Angola Partners ANPG and Sonangol to Develop Biofuels Value Chain and Attract Investment Angola’s National Agency for Petroleum, Gas and Biofuels (ANPG) and state-owned oil company Sonangol have signed a strategic cooperation agreement to advance the development of the country’s biofuels value chain, with a focus on agricultural potential, sustainable biomass production and private investment. The agreement, signed on Tuesday, 13 October 2026, establishes a framework for feasibility studies, the development of a regulatory framework

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Transport and Logistics Local News

Angola Positions Lobito Corridor as Driver of Regional Trade and Industrial Development

Angola Identifies US$12 Billion in Investment Opportunities Along Lobito Corridor Angola has highlighted the Lobito Corridor as a strategic platform for regional integration, agricultural development and industrialisation, with the government identifying investment opportunities worth more than US$12 billion across 10 economic sectors. Ivan dos Santos, Angola’s Secretary of State for Public Investment, outlined the corridor’s potential during the Hand-in-Hand Investment Forum in Rome, Italy, organised by the Food and Agriculture Organization of the United Nations

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Local Expos & Events Gas News Oil

Angola Oil & Gas 2026 Attracts Global Investors as 11 Deals Strengthen Industry Outlook

Angola Oil & Gas 2026 Draws 3,000 Delegates and Secures Major Upstream Agreements Angola reinforced its position as a major destination for oil and gas investment following the Angola Oil & Gas (AOG) 2026 conference in Luanda, which attracted more than 3,000 delegates and 80 exhibitors and facilitated over 10 agreements, according to José Barroso, Angola’s Secretary of State for Petroleum and Gas. Barroso said the event’s growing participation reflected international investor interest in Angola’s

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Local News Oil

Angola Moves Towards Permanent Oil and Gas Licensing to Attract Investment

Angola’s ANPG Proposes Permanent Licensing Framework to Accelerate Oil and Gas Investment Angola plans to replace scheduled oil and gas licensing rounds with a permanent licensing framework that would allow investors to access available acreage and negotiate exploration agreements throughout the year. The National Oil, Gas and Biofuels Agency (ANPG) announced the proposed shift during African Energy Week 2026 in Cape Town, as the country seeks to attract upstream investment, stimulate exploration and counter declining

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International News Renewable Energy

KBR Expands Energy Ambitions in Libya as US Firm Explores Renewable Power Opportunities

US Engineering Firm KBR Expands Libya Operations Across Oil, Gas and Renewable Energy US engineering company KBR is expanding its presence in Libya, exploring opportunities in renewable energy while continuing to pursue oil, gas and refining projects in the North African country. The company has held discussions with Libya’s Renewable Energy Authority on potential clean energy contracts as the country seeks to modernise its energy infrastructure and develop renewable power projects. The talks form part

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International Energy Gas Oil

Nigeria Launches Bid Round for 40 Oil and Gas Blocks to Revive Exploration Investment

Nigeria Offers 40 Oil and Gas Blocks as Africa’s Top Producer Seeks New Energy Investment Nigeria, Africa’s largest oil producer, has launched a new licensing round offering 40 oil and gas blocks to investors, as the country intensifies efforts to attract fresh capital into its energy sector and unlock untapped hydrocarbon resources. The initiative forms part of the government’s broader strategy to increase exploration activity, boost reserves, and strengthen long-term crude oil and natural gas

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