Landmark Study Links Oil Giants’ Emissions to Deadly Global Heatwaves

New Study Directly Connects Major Oil Companies’ Carbon Emissions to Heatwaves and Rising Deaths Worldwide For the first time, researchers have directly linked the carbon emissions of major oil companies to deadly heatwaves across the globe—a finding experts are calling a “leap forward” in legal and political efforts to hold fossil fuel giants accountable for their role in the climate crisis. The study revealed that emissions from each of the world’s 14 largest oil and

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Afreximbank and MDGIF Partner to Invest $500 Million in Nigeria’s Gas Infrastructure

Afreximbank, MDGIF Sign $500 Million Deal to Modernize Nigeria’s Gas Infrastructure and Boost Industrialisation The African Export-Import Bank (Afreximbank) and the Midstream and Downstream Gas Infrastructure Fund (MDGIF) have signed a landmark Memorandum of Understanding (MoU) to accelerate the development and modernisation of Nigeria’s gas infrastructure. The agreement was formalised on the sidelines of the Intra-African Trade Fair (IATF2025) by Mrs. Helen Brume, Afreximbank’s Director and Global Head of Project and Asset-Based Finance, and Mr.

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Pensana Appoints Karen Brown as COO to Drive Next Phase of Rare Earths Development

Pensana Names Karen Brown COO as Longonjo Rare Earths Project Advances London-listed Pensana, a company building a sustainable magnet metal supply chain, has appointed Karen Brown as Chief Operating Officer (COO), effective October 1. She succeeds Rocky Smith, who will continue to advise Pensana as part of the owner’s team for the Longonjo rare earths project in Angola. Pensana CEO Tim George praised Smith’s contributions over the past five years, noting: “Rocky’s expertise has been

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Finestar Expands Diamond Cutting and Polishing Operations with New R300m South Africa Facility

Finestar Opens R300m Diamond Polishing Facility in South Africa to Boost SADC Beneficiation and Global Trade Indian rough diamond cutting and polishing company Finestar has expanded its footprint in the Southern African Development Community (SADC) with the launch of a new state-of-the-art facility in the Gauteng Industrial Development Zone, near OR Tambo International Airport, on September 5. The R300-million investment adds to Finestar’s network of cutting and polishing operations in the United Arab Emirates, Belgium,

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Sonangol Confirms Exploration Plans for Block 24, Expands Angola’s Oil & Gas Development

Sonangol to Drill Exploration Well at Block 24, Driving Upstream Growth and Local Industry in Angola Sebastião Gaspar Martins, Chairman of Sonangol, has announced that the company plans to drill an exploration well at Block 24 in Angola. Located in the southern Kwanza Basin, Block 24 is a largely unexplored asset with significant hydrocarbon potential. Speaking during a fireside chat at the Angola Oil & Gas 2025 Conference and Exhibition, Gaspar Martins emphasized Sonangol’s ongoing

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ANPG Confirms First Gas from Angola’s Offshore Block 1/14 Expected This Year

Angola’s Block 1/14 Set to Deliver First Gas in 2025 Angola’s national oil and gas concessionaire, the National Oil, Gas & Biofuels Agency (ANPG), has announced that first gas from offshore Block 1/14 is expected in 2025. The announcement was made by Paulino Jerónimo, President of ANPG, during the opening day of the Angola Oil & Gas 2025 Conference and Exhibition in Luanda on September 3. “We anticipate first gas from the block this year

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Azule Energy Ships First Oil from Agogo Integrated West Hub Offshore Angola

Azule Energy Begins First Oil Shipment from Agogo Integrated West Hub in Angola’s Lower Congo Basin The first cargo from the Agogo Integrated West Hub (IWH) development project, operated by Azule Energy in Block 15/06 in the Lower Congo Basin, offshore Angola, was officially shipped on Wednesday. Permission for shipping was granted by Angolan President João Lourenço during the opening of the Angola Oil & Gas 2025 Conference and Exhibition, with the ceremony presided over

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Angola to Launch 2025 Oil Licensing Round Targeting Kwanza and Benguela Basins

Angola Announces 2025 Oil Licensing Round to Boost Exploration in Kwanza and Benguela Basins Angola’s Minister of Mineral Resources, Petroleum and Gas, Diamantino Azevedo, has announced that the country’s next oil licensing round will be launched by Q4 2025, offering acreage in the Kwanza and Benguela basins. Speaking during a Ministerial Fireside Chat sponsored by Vitol at the Angola Oil & Gas Conference and Exhibition 2025, Minister Azevedo emphasized that the round is part of

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Red Sky Energy Advances Angola Block 6/24 Toward Appraisal Drilling

Red Sky Energy Targets Appraisal Drilling in Angola’s Block 6/24 After Resource Assessment Australian independent explorer Red Sky Energy has confirmed its next phase of activity in Angola, with plans to advance Block 6/24 toward appraisal drilling. The company acquired a 35% stake in the block in early 2025 and continues to develop exploration activities aimed at confirming commercial viability and preparing for full-scale development. Speaking at the Angola Oil & Gas (AOG) 2025 Conference,

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Chevron Expands Angola Natural Gas Strategy with Non-Associated Projects and Deepwater Investments

Chevron Strengthens Angola Gas Development with NGC Project, Deepwater Blocks, and Local Content Initiatives Frank Cassulo, Managing Director of Chevron’s Southern Africa Strategic Business Unit, provided an overview of the company’s Angolan natural gas strategy during an onstage interview at the Angola Oil & Gas (AOG) 2025 Conference and Exhibition. Cassulo highlighted Chevron’s commitment to pioneering non-associated gas development while continuing to grow its role in Angola’s energy sector. “Chevron has been a pioneer in

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