Vital Industry News
Lobito Atlantic Railway Transports Over 50,000 Tonnes of Cargo in First Quarter Angola’s Transport Minister Restructures Key Sector Bodies and Appoints New Leadership UK Ambassador Praises Lobito Corridor as a Catalyst for Angola’s Economic and Regional Integration Angola’s Oil Sector Drives Economic Growth Angola–U.S. Chamber of Commerce Urges Reform of Oil Sector Foreign Exchange Law Luele Mining Aims for 6.7 Million Carats in 2025 Amid Strong Production Performance Lobito Corridor Investment Opportunities Presented in Huambo Ghana Resumes Crude Processing with First Angolan Oil Delivery to Sentuo Refinery Alrosa Unearths 468-Carat Diamond, the Largest Gem-Quality Rough in Russian History De Beers Launches First Diamond Auction in Botswana After Relocation from Singapore
Lobito Atlantic Railway Transports Over 50,000 Tonnes of Cargo in First Quarter Angola’s Transport Minister Restructures Key Sector Bodies and Appoints New Leadership UK Ambassador Praises Lobito Corridor as a Catalyst for Angola’s Economic and Regional Integration Angola’s Oil Sector Drives Economic Growth Angola–U.S. Chamber of Commerce Urges Reform of Oil Sector Foreign Exchange Law Luele Mining Aims for 6.7 Million Carats in 2025 Amid Strong Production Performance Lobito Corridor Investment Opportunities Presented in Huambo Ghana Resumes Crude Processing with First Angolan Oil Delivery to Sentuo Refinery Alrosa Unearths 468-Carat Diamond, the Largest Gem-Quality Rough in Russian History De Beers Launches First Diamond Auction in Botswana After Relocation from Singapore
Transport and Logistics Local News

Lobito Atlantic Railway Transports Over 50,000 Tonnes of Cargo in First Quarter

Local Transport and Logistics

Angola’s Transport Minister Restructures Key Sector Bodies and Appoints New Leadership

Local Economy Transport and Logistics

UK Ambassador Praises Lobito Corridor as a Catalyst for Angola’s Economic and Regional Integration

More Angolan Mining News

Transport and Logistics Local News

Lobito Atlantic Railway Transports Over 50,000 Tonnes of Cargo in First Quarter

Lobito Atlantic Railway (LAR) transported 50,235 tonnes of cargo between January and March 2025. Of…
Local Transport and Logistics

Angola’s Transport Minister Restructures Key Sector Bodies and Appoints New Leadership

Angola’s Minister of Transport, Ricardo Viegas d’Abreu, on Monday, announced a series of restructurings across…
Local Economy Transport and Logistics

UK Ambassador Praises Lobito Corridor as a Catalyst for Angola’s Economic and Regional Integration

The United Kingdom’s Ambassador to Angola, Bharat Joshi, has described the Lobito Corridor as a…
Local Economy News Oil

Angola’s Oil Sector Drives Economic Growth

The oil sector has been one of the fastest-growing industries in Angola in recent years,…
Local News Oil

Angola–U.S. Chamber of Commerce Urges Reform of Oil Sector Foreign Exchange Law

The President of the Angola–United States Chamber of Commerce, Pedro Godinho, has called for an…
Corporate News Diamonds Economy Local

Luele Mining Aims for 6.7 Million Carats in 2025 Amid Strong Production Performance

The Director General of Luele Mining Company (SML), Rômulo Mucasse, announced in Saurimo that stable…
Oil International News

Dangote Refinery Expands Petroleum Exports to Africa and Europe

Nigeria’s Dangote Petroleum Refinery has expanded its petroleum export operations to include Cameroon, Ghana, Angola, and South Africa. The announcement was made by Devakumar Edwin, Vice President of Oil and Gas at Dangote Industries Limited, during a visit from a delegation of Japanese business leaders to Nigeria. Edwin highlighted a recent partnership with Cameroon’s Neptune Oil, enabling the export of petroleum products to the Central African nation. In addition to its growing African market presence,

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Oil International News

Eni Accelerates Second Phase of Production at Ivory Coast’s Baleine Field

Italy’s energy giant, Eni, announced the launch of the second phase of oil and gas production at Ivory Coast’s offshore Baleine field on Saturday. This milestone comes ahead of the originally scheduled start date set for late 2024. Discovered by Eni in September 2021, the Baleine field began production in August 2023. The newly commenced second phase boosts output to 60,000 barrels of oil per day (bbl/d) and 70 million standard cubic feet of associated

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Local Mining Projects News

Major Energy Developments to Watch in Angola in2025

Striving to boost natural gas production while maintaining crude output above one millionbarrels per day (bpd) beyond 2027, Angola has a strong project pipeline planned for 2025.Beyond oil and gas developments, the country seeks to diversify its energy matrix throughinvestments in green hydrogen and renewable energy. From FID to the start of operations to aninternational bid round and regulatory reform, 2025 promises to be an exciting year for Angola’senergy industry. 2025 Bid Round Angola will

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Corporate News Local Mining Projects Oil

ACREP to Begin Oil Exploration in Angola’s Cabinda Norte Block in 2025

Angolan upstream firm ACREP plans to commence oil exploration in the onshore Cabinda Norte Block in 2025, with the goal of determining the economic viability of the block. The company will conduct feasibility studies to assess the block’s potential production capacity following exploration. Since 1968, up to 20 wells have been drilled in the block, but bureaucratic challenges have hindered their development. ACREP’s Operations Director, Idonio dos Santos, stated that these challenges have now been

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International Corporate News Oil

Noble Corporation Secures $171 Million Drilling Contract with Tullow Ghana

Offshore drilling contractor Noble Corporation has secured a $171 million contract with Tullow Ghana to deploy its Noble Venturer drillship for exploration services in the West African nation. Under the 360-day contract, the Noble Venturer will drill six wells starting in May 2025. The first two wells are scheduled for completion within 120 days, followed by a maintenance period for the drill rig until the end of 2025. The remaining four wells are set to

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Corporate News Gas Local News

Chevron’s CABGOC Achieves First Gas from Sanha Lean Gas Connection in Angola

The Cabinda Gulf Oil Company (CABGOC), a subsidiary of Chevron, has successfully achieved first gas from its Sanha Lean Gas Connection project in Angola. Valued at $300 million, the project involves the development of a platform that connects to the Sanha condensate complex and features pipelines linking Blocks 0 and 14 to the Angola Liquefied Natural Gas (ALNG) facility and the Soyo power plant. The first phase of the project will deliver approximately 80 million

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International Gas News Oil

Namibia’s Mines Minister Calls for Strategic Planning to Maximize Oil and Gas Benefits

Namibia’s recent oil and gas discoveries in the Orange Basin present a tremendous opportunity for economic transformation, but Minister of Mines and Energy Tom Alweendo warns that deliberate preparation and strategic planning are essential for turning potential into reality. Speaking at the launch of the Industrial Baseline Survey (IBS) Outcomes for Namibia’s upstream oil and gas (O&G) industry, Alweendo emphasized that economic benefits won’t materialize automatically. “Just because there’s a discovery doesn’t mean we’ll instantly

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International News Oil

Namibia Emerges as a Global Oil and Gas Exploration Powerhouse

Namibia is set to solidify its position as a key player in global oil and gas exploration, with four rigs preparing to commence drilling wells valued at $100–200 million each in the Orange Basin. These high-stakes operations are expected to begin within the week. Simran Bandal, Subsurface Senior Analyst at Wood Mackenzie, emphasized the potential of these developments to elevate Namibia’s standing in the global energy sector. The Orange Basin has already proven its promise

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International Oil

Helix Q7000 Docks in Namibia Ahead of Brazil Decommissioning Campaign

The Helix Q7000, a purpose-built DP3 semi-submersible vessel owned by U.S.-based offshore energy services provider Helix Energy Solutions, has arrived at Namibia’s Port of Walvis Bay as part of its preparations for an upcoming decommissioning project in Brazil’s Campos Basin. The vessel docked on December 16, 2024, and is scheduled to remain at the port for approximately ten days. During its stay, critical maintenance operations will be conducted, including hull cleaning to remove marine growth

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International Renewable Energy

AfDB Launches $10 Million Initiative to Boost Climate Tech in Sub-Saharan Africa

The African Development Bank (AfDB) has made a groundbreaking $10 million investment from its Sustainable Energy Fund for Africa (SEFA) into the Persistent Africa Climate Venture Builder Fund (ACV Fund). This initiative seeks to accelerate climate technology entrepreneurship across Sub-Saharan Africa, potentially unlocking up to $70 million in funding for climate-focused ventures. The ACV Fund will target early-stage businesses in key sectors, including solar energy, energy efficiency, electric mobility, agricultural technology, and the circular economy.

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