Vital Industry News
Oil Hits Multi-Year High as Iran Conflict Escalates, Boosting Vegoils and Aluminium Ghana Prepares Alternative Gold Export Routes Amid Dubai Flight Disruptions Global Oil Prices Surge Amid Rising Tensions in the Middle East Middle East Tensions Send Oil Prices Higher, Raising Inflation Risks for Africa Uganda Central Bank Launches Domestic Gold Purchase Programme to Boost Reserves Lucara Reports Lower 2025 Earnings as Karowe Underground Expansion Advances Cascade Natural Resources Boosts Investment in Pensana to Accelerate Longonjo Rare Earths Project Seplat Accelerates Production Growth with Idle Well Revival Program Eni Raises Stake in Algeria’s Touat Gas Field to 42.9% After Engie Exit Nigeria Restructures OPL 245, Clearing Path for Shell and Eni Development
International News Oil

Oil Hits Multi-Year High as Iran Conflict Escalates, Boosting Vegoils and Aluminium

Gold International

Ghana Prepares Alternative Gold Export Routes Amid Dubai Flight Disruptions

Oil Economy International News

Global Oil Prices Surge Amid Rising Tensions in the Middle East

More Angolan Mining News

International News Oil

Oil Hits Multi-Year High as Iran Conflict Escalates, Boosting Vegoils and Aluminium

Oil Surges 25% to Highest Since 2022 Amid Iran War, Driving Vegoils and Aluminium Prices…
Gold International

Ghana Prepares Alternative Gold Export Routes Amid Dubai Flight Disruptions

Ghana’s GoldBod Plans Backup Export Routes as Dubai Flight Disruptions Threaten Artisanal Gold Trade Ghana’s…
Oil Economy International News

Global Oil Prices Surge Amid Rising Tensions in the Middle East

Oil Prices Jump Above $114 as Strait of Hormuz Disruptions Trigger Global Energy Market Fears…
International News Oil

Middle East Tensions Send Oil Prices Higher, Raising Inflation Risks for Africa

Oil Price Surge After US Strikes on Iran Threatens Higher Fuel Costs and Inflation Across…
Gold Economy International

Uganda Central Bank Launches Domestic Gold Purchase Programme to Boost Reserves

Uganda Central Bank Begins Gold Buying Programme as Global Prices Surge Past $5,000 The Bank…
Diamonds Corporate News International

Lucara Reports Lower 2025 Earnings as Karowe Underground Expansion Advances

Lucara Diamond Revenue Falls in 2025 as Botswana’s Karowe Underground Project Requires Additional Funding Canada-listed…
Expos & Events Local News

Banco BCS, BODIVA and AFC Drive Innovative Financing to Empower Local Energy Companies

Financing Angola’s Energy Future: Banco BCS, BODIVA, AFC and Partners Showcase Funding Solutions for Local Companies Banco BCS-sponsored panel at the Angola Oil & Gas 2025 Conference and Exhibition shed light on the vital role of financing in unlocking opportunities for Angola’s local oil and gas companies. As Angola works to reverse declining oil production and increase the participation of indigenous service providers, the financial sector is stepping up to provide the tools and capital

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Corporate News Local Oil Partnerships

ExxonMobil Expands Block 15 Acreage in Angola Through New ANPG Agreement

ExxonMobil Signs Deal with ANPG to Expand Block 15 Acreage, Unlocking New Oil Resources in Angola Energy major ExxonMobil and its partners in Block 15 have signed a new agreement with Angola’s upstream regulator, the National Oil, Gas & Biofuels Agency (ANPG), expanding the block’s acreage and extending its production potential. The agreement was formalized during the Angola Oil & Gas 2025 Conference and Exhibition last week in Luanda, marking another milestone in Angola’s strategy

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Corporate News Local Oil Technology & Innovation

ExxonMobil Deploys Drone and 3D Sonar Technology to Enhance Offshore Operations in Angola

ExxonMobil Boosts Offshore Safety and Efficiency in Angola with Drone and 3D Sonar Technology Global energy major ExxonMobil is revolutionizing offshore oil and gas operations in Angola through the adoption of drone-based inspections and advanced 3D sonar imaging. The company invests nearly $1 billion annually in innovative technologies, with a strong focus on improving safety, reducing downtime, and enhancing data accuracy across its global operations. Speaking at an ExxonMobil-sponsored pre-conference session during the Angola Oil

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Local News Oil

ANPG Revitalizes Angola’s Mature Oilfields with Incremental Production Decree

Angola’s ANPG Boosts Mature Oilfield Output with Tax Incentives Under Incremental Production Decree Angola’s upstream regulator, the National Oil, Gas & Biofuels Agency (ANPG), is taking decisive steps to revitalize production from the country’s mature oilfields through the implementation of the Incremental Production Decree. The policy, designed to unlock untapped opportunities in long-producing fields, offers a suite of fiscal and tax incentives aimed at sustaining national oil production above one million barrels per day. Speaking

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Corporate News Local Oil

Etu Energias Secures $1 Billion in M&A Deals and Prepares IPO to Boost Oil Output in Angola

Etu Energias Closes $1 Billion in M&A Deals, Targets 80,000 bpd by 2030 Etu Energias, Angola’s largest private oil company, has finalized nearly $1 billion in merger and acquisition (M&A) transactions over the past three years, underscoring its aggressive growth strategy in the country’s energy sector. The announcement was made by CEO Edson dos Santos during a live interview at the Angola Oil & Gas 2025 Conference and Exhibition. “Over the last three years, we

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Energy Corporate News Local News

Sonangol to Deploy Over 100 Electric Vehicle Charging Points by 2028 as Part of Angola’s Energy Transition

Sonangol Unveils Plan for 100+ EV Charging Points and Solar Expansion to Drive Angola’s Energy Transition Angola’s national oil company, Sonangol, has announced plans to deploy more than 100 Electric Vehicle Charging Points (EVCP) across the country by 2028, reinforcing its commitment to the nation’s energy transition strategy. The announcement was made during a Sonangol-sponsored pre-conference workshop led by Jelson Pereira, Head of the Operational Management of Energy Assets Department at Sonangol Gas and Renewable

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Corporate News Gas Local Oil

Copia Group Highlights Safety, Efficiency, and Environmental Compliance in Angola’s Onshore Oil & Gas Growth

Copia Group Drives Angola Oil & Gas Growth Through Safety, Efficiency, and Environmental ComplianceCivil engineering leader Copia Group of Companies has underscored the critical role of operational efficiency, safety, and environmental compliance in supporting the growth of Angola’s oil and gas sector. Speaking ahead of the Angola Oil & Gas 2025 Conference and Exhibition, Grildo José Francisco, Director of Oil, Gas & Biofuel Projects at Copia Group, highlighted the company’s active contribution to Angola’s onshore

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Corporate News Exploration Local Oil

Corcel Set to Launch 326-km 2D Seismic Program in Angola’s KON 16 Ahead of Exploration Drilling

Corcel to Begin 326-km 2D Seismic Survey in Angola’s KON 16 Block with Exploration Well Planned for 2026 Independent oil and gas company Corcel plans to initiate a 326-kilometer 2D seismic data acquisition program in the second half of 2025, with the goal of drilling a new exploration well in Angola’s Block KON 16 approximately 12 months later. The announcement was made during a Corcel-sponsored pre-conference workshop on September 2, ahead of the Angola Oil

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Corporate News Gas International

FIRST E&P Targets 1 Billion Standard Cubic Feet of Gas Processing by 2030

Nigeria’s FIRST E&P Sets 2030 Goal of 250,000 BOE/D and 1 Bcf/D Gas Processing Capacity FIRST Exploration and Petroleum Development Company (FIRST E&P), a leading Nigerian independent oil and gas company, has unveiled ambitious growth targets for 2030. The company is aiming to achieve 250,000 barrels of oil equivalent per day (BOE/D) in equity production and develop a robust midstream business with a gas processing and supply capacity of 1 billion standard cubic feet per

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International Diamonds News

Lesotho Prime Minister Launches Strategy to Revive Diamond Sector and Tap Rare Earth Minerals

Lesotho Unveils Dual Mining Strategy: Stabilizing Diamonds While Exploring Rare Earth Potential The global diamond market may be under strain, but the Kingdom of Lesotho is charting a bold path forward. Speaking at the Africa Down Under conference in Perth, Prime Minister Sam Matekane unveiled a dual-track mining strategy aimed at stabilizing the country’s diamond sector while opening a new frontier in rare earth elements (REEs). Matekane acknowledged that the diamond industry is going through

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