Vital Industry News
Burkina Faso Mining Development Fund Raises CFA85.7 Billion in 2025 Chinese Investors Dominate $21.8 Billion in Proposed Investments in Angola TotalEnergies Restarts Production at Libya’s Mabruk Oil Field After 11-Year Shutdown Seplat Energy Plans 17 New Wells in 2026 to Boost Production Energean to Acquire Chevron Stakes in Angola’s Block 14 Assets Cameroon Opens Nine Oil and Gas Blocks to Investors in 2026 Licensing Round Ghana Plans Capacity Boost at Tema Oil Refinery to Strengthen Domestic Fuel Supply Exploration Well Offshore Gabon Finds No Hydrocarbons but Development Plans Continue S&P Global Downgrades Botswana’s Sovereign Ratings Amid Diamond Market Weakness Nigeria Seeks to Strengthen Its Position in Global Oil and Gas Supply
Economy International News

Burkina Faso Mining Development Fund Raises CFA85.7 Billion in 2025

Local Economy News

Chinese Investors Dominate $21.8 Billion in Proposed Investments in Angola

Corporate News International Oil

TotalEnergies Restarts Production at Libya’s Mabruk Oil Field After 11-Year Shutdown

More Angolan Mining News

Economy International News

Burkina Faso Mining Development Fund Raises CFA85.7 Billion in 2025

Burkina Faso Collects $152 Million from Mining Development Fund in 2025 to Support Local Development…
Local Economy News

Chinese Investors Dominate $21.8 Billion in Proposed Investments in Angola

China Leads $21.8 Billion Investment Proposals in Angola as AIPEX Reports Surge in Foreign Interest…
Corporate News International Oil

TotalEnergies Restarts Production at Libya’s Mabruk Oil Field After 11-Year Shutdown

TotalEnergies Resumes Oil Production at Libya’s Mabruk Field with New 25,000 bpd Facility TotalEnergies has…
Corporate News International Oil

Seplat Energy Plans 17 New Wells in 2026 to Boost Production

Seplat Energy Targets Up to 155,000 boepd in 2026 with 17-Well Drilling Program in Nigeria…
Corporate News Local Oil

Energean to Acquire Chevron Stakes in Angola’s Block 14 Assets

Energean to Buy Chevron’s Angola Block 14 Interests for $260 Million to Expand West Africa…
International Gas Oil

Cameroon Opens Nine Oil and Gas Blocks to Investors in 2026 Licensing Round

Cameroon Offers 9 Oil and Gas Exploration Blocks as SNH Bid Round Closes March 30,…
Corporate News Gas Local

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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Corporate News Exploration Local Oil

ReconAfrica Launches First Exploration Program in Angola’s Damara Fold Belt

ReconAfrica Begins Surface Sampling in Angola’s Damara Fold Belt to Unlock Onshore Oil Potential Reconnaissance Energy Africa (ReconAfrica) has announced the deployment of a technical team to Angola’s Damara Fold Belt to conduct surface sampling in areas of potential oil seeps. The move marks the company’s first on-the-ground exploration activity in Angola and represents a significant milestone in its regional growth strategy. The announcement was made by Brian Reinsborough, CEO of ReconAfrica, during a technical

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Corporate News Local Oil

Alfort Petroleum Prepares First Exploration Well Proposal for Angola’s Block KON 8

Alfort Petroleum Targets Onshore Growth with Block KON 8 Well Proposal in Angola Angolan independent oil and gas company Alfort Petroleum has confirmed it is preparing a well proposal for Block KON 8, scheduled for submission in the second quarter of 2026. The proposal will be presented to Angola’s national concessionaire, the National Oil, Gas & Biofuels Agency (ANPG), as well as the block’s joint venture partners for approval. The announcement was made by Gianni

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Local News Oil Partnerships

Namibia Calls for Stronger Angola Partnership to Build Inclusive Energy Future

Namibia Seeks Angola’s Guidance to Unlock Oil and Gas Potential and Drive Regional Energy Growth Maggy Shino, Petroleum Commissioner at Namibia’s Ministry of Mines and Hydrocarbons, underscored the critical role of regional collaboration in shaping Africa’s energy future during the Angola Oil & Gas (AOG) 2025 Conference and Exhibition. Delivering a keynote address on behalf of Kornelia Shilunga, Presidential Special Advisor and Head of the Upstream Petroleum Unit in the Office of the President, Shino

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Corporate News Local Oil

TotalEnergies Targets One Exploration Well Per Year to Sustain Oil Output in Angola

TotalEnergies Boosts Angola Production with New Drilling, Begonia and CLOV Phase 3 Projects TotalEnergies Angola has reaffirmed its commitment to sustaining and expanding oil production in the country, with plans to drill one exploration well per year. The announcement was made by Martin Deffontaines, Country Manager at TotalEnergies Angola, during an onstage interview at the Angola Oil & Gas (AOG) 2025 Conference and Exhibition. As one of Angola’s largest oil producers, TotalEnergies faces natural declines

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Oil Corporate News Local

ExxonMobil Prepares New Drilling Campaign at Angola’s Block 15 Following ANPG Deal

ExxonMobil Launches New Drilling Phase at Angola’s Block 15 After License Extension to 2037 ExxonMobil is preparing to launch a new drilling campaign at Block 15 in Angola following the signing of a fresh agreement with the National Oil, Gas & Biofuels Agency (ANPG) during the Angola Oil & Gas (AOG) 2025 Conference and Exhibition. Speaking in an on-stage interview at the event, Katrina Fisher, Country Manager of ExxonMobil Angola, confirmed that a drillship has

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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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