Vital Industry News
DRC Signs Gold Supply Deal with UAE Firm to Expand Access to Global Bullion Markets Dangote Plans Major Refinery Expansion to Boost Capacity and Create Thousands of Jobs South Africa Turns to US Fuel Imports as Middle East Supply Risks Reshape Energy Trade Senegal Takes Full Control of Yakaar-Teranga Gas Project After Kosmos Energy Withdrawal Rhino Resources Advances Capricornus Oil Discovery Appraisal Offshore Namibia TotalEnergies Expands Local Supplier Spending as Namibia’s Oil and Gas Sector Gains Momentum France Intensifies Push into Namibia’s Oil Sector as TotalEnergies Targets Major Offshore Projects Zambia Secures $1.5 Billion China Deal to Add 900 MW Power Capacity and Strengthen Energy Security Dangote Plans Major East Africa Refinery Expansion as African Leaders Push for Industrial Self-Sufficiency DRC Pushes for Energy Transformation as It Showcases Massive Hydropower Potential at African Energy Forum
Gold Economy International

DRC Signs Gold Supply Deal with UAE Firm to Expand Access to Global Bullion Markets

Corporate News International Oil

Dangote Plans Major Refinery Expansion to Boost Capacity and Create Thousands of Jobs

International News Oil Petroleum

South Africa Turns to US Fuel Imports as Middle East Supply Risks Reshape Energy Trade

More Angolan Mining News

Gold Economy International

DRC Signs Gold Supply Deal with UAE Firm to Expand Access to Global Bullion Markets

DR Congo Partners with UAE-Based Paradigm Holdings to Boost Gold Exports Through Dubai Trading Hub…
Corporate News International Oil

Dangote Plans Major Refinery Expansion to Boost Capacity and Create Thousands of Jobs

Aliko Dangote Targets 1.4 Million Barrels Per Day Capacity Expansion at Dangote Refinery, Creating Up…
International News Oil Petroleum

South Africa Turns to US Fuel Imports as Middle East Supply Risks Reshape Energy Trade

South Africa Boosts US Fuel Imports Amid Strait of Hormuz Tensions and Rising Global Shipping…
International Energy Gas News

Senegal Takes Full Control of Yakaar-Teranga Gas Project After Kosmos Energy Withdrawal

Senegal Transfers Yakaar-Teranga Gas Project to State Firm PETROSEN as Kosmos Energy Exits Major Offshore…
International Corporate News Oil

Rhino Resources Advances Capricornus Oil Discovery Appraisal Offshore Namibia

Rhino Resources Launches Capricornus-1A Appraisal Well to Assess Light Oil Discovery in Namibia’s Orange Basin…
Corporate News Gas International Oil

TotalEnergies Expands Local Supplier Spending as Namibia’s Oil and Gas Sector Gains Momentum

TotalEnergies Invests $141 Million in Namibian Suppliers to Boost Local Participation in Offshore Oil and…
International News Oil

Nigeria Slashes Oil Signature Bonus to Attract Investors and Boost Production to 2.5 Million BPD by 2027

Nigeria Cuts Oil Sector Signature Bonus from $100m to $10m to Spur Investment and Raise Output to 2.5 Million Barrels per Day by 2027 The Federal Government of Nigeria has significantly reduced the oil sector’s signature bonus—from about $100 million to $10 million—as part of efforts to drive crude oil production to 2.5 million barrels per day (bpd) by 2027. Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Gbenga Komolafe, announced the development

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Corporate News International Oil

ReconAfrica Advances Drilling at Kavango West-1X Well, Targets Otavi Reservoir in Namibia’s Damara Fold Belt

ReconAfrica Reaches Reservoir Zone in Kavango West-1X Exploration Well, Namibia ReconAfrica has confirmed that its highly anticipated Kavango West-1X exploration well, located onshore in Namibia, has now reached the targeted reservoir zone. The Toronto- and Frankfurt-listed company stated that no further operational updates will be issued until drilling reaches total depth. CEO Brian Reinsborough announced that the final casing has been successfully installed at approximately 2,300 meters, positioned just above the Otavi carbonate reservoir—the primary

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International News Oil

Egypt Launches $5.7 Billion Plan to Drill 480 New Oil Wells by 2030

Egypt to Invest $5.7 Billion in 480 New Oil Wells to Boost Energy Production and Global Competitiveness Egypt has announced an ambitious $5.7 billion (E£271.59 billion) plan to drill 480 new exploratory oil wells over the next five years, aiming to reverse declining oil production and reinforce its position as a leading regional energy hub. According to the Ministry of Petroleum, the initiative will significantly enhance exploration and development efforts across multiple oil fields. The

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Renewable Energy International News

Nigeria Partners with China’s LONGi to Build 1,000 MW Solar Panel Manufacturing Plant

Nigeria Signs Agreement with LONGi to Establish 1 GW Solar Manufacturing Facility and Boost Local Renewable Energy Production Nigeria has signed a strategic agreement with LONGi Green Energy Technology Co. Ltd., China’s leading solar panel manufacturer, to establish a 1,000-megawatt (1 GW) solar equipment manufacturing plant in the country. The initiative aims to strengthen local production capacity and accelerate Nigeria’s transition toward renewable energy. According to Bayo Onanuga, Special Adviser to the President on Information

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Corporate News Gas International

BP Advances Five-Well Offshore Gas Drilling Campaign in Egypt

BP to Launch $140 Million Offshore Gas Drilling Project in Egypt’s West Nile Delta by 2026 BP Exploration Delta Limited, a subsidiary of British energy major BP, has announced plans to launch a five-well offshore gas drilling campaign in Egypt, reinforcing its long-term commitment to the country’s energy sector. The initiative follows a memorandum of understanding (MoU) recently signed with the Egyptian government, underscoring BP’s intent to expand its gas production capacity in the region.

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Corporate News Local Oil

Afentra Secures Government Approval for Offshore Block 3/24 in Angola

Angola Approves Afentra’s Risk Service Contract for Offshore Block 3/24 to Boost Oil and Gas Development British energy company Afentra plc has announced that the Angolan government has approved a risk service contract (RSC) for offshore Block 3/24, marking a major milestone in the company’s continued expansion in West Africa. The block covers an area of approximately 545 square kilometers. A presidential decree validating the contract has officially set the project in motion. Under the

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International News Renewable Energy

Namibia Approves 3 GW Solar-to-Hydrogen and Ammonia Mega Project to Drive Clean Energy Exports

Namibia Greenlights 3 GW Solar Hydrogen Project in Erongo to Boost Renewable Energy and Ammonia Exports Namibia has officially approved a 3 GW solar-to-hydrogen and ammonia project in the Erongo region, marking a major step toward positioning the country as a leader in Africa’s renewable energy transition. Across the continent, nations are investing in large-scale renewable projects to diversify their energy mix and reduce dependence on fossil fuels. With vast, sun-drenched deserts and low population

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Corporate News Gas International

Shell and Sunlink Greenlight HI Gas Project to Boost Nigeria’s LNG Exports

Shell, Sunlink Approve HI Gas Project Offshore Nigeria to Power NLNG Expansion and Strengthen Global LNG Supply Shell Nigeria Exploration and Production Company Limited (SNEPCo)—a subsidiary of Shell plc—in partnership with Sunlink Energies and Resources Limited, has announced a final investment decision (FID) on the HI Gas Project, located offshore Nigeria. Once operational, the HI Project will supply gas to Nigeria LNG (NLNG), where Shell holds a significant equity interest. This move will support the

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Local Economy News

Zambia and Angola Strengthen Bilateral Ties to Boost Trade, Security, and Regional Integration

Zambia, Angola Deepen Bilateral Cooperation for Shared Development Zambia and Angola have reaffirmed their commitment to strengthening bilateral cooperation across key sectors, including trade, infrastructure development, defence, and regional integration. Minister of Foreign Affairs and International Cooperation, Hon. Mulambo Haimbe, delivered a special message from President Hakainde Hichilema to Angolan President João Lourenço during a visit to Luanda. The message underscored Zambia’s desire to deepen collaboration with Angola in advancing mutual economic growth and regional

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Energy News

DRC and Hydro-Link Sign $1.5 Billion Deal to Power Mining Belt with Angolan Hydropower

DRC Partners with Hydro-Link in $1.5 Billion Project to Supply 1,200MW of Clean Energy to Copper and Cobalt Mines The Democratic Republic of Congo (DRC) has signed a $1.5 billion preliminary agreement with Hydro-Link, a unit of Symbion Power, to construct a major 1,160-kilometer (720-mile) electricity transmission line connecting Angola’s hydropower plants to Congo’s key copper and cobalt mining region. Once complete, the project will deliver up to 1,200 megawatts (MW) of clean, renewable energy

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