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President João Lourenço Inaugurates Cabinda Refinery

2, September, 20252, September, 2025

President João Lourenço Launches Cabinda Refinery to Strengthen Angola’s Energy Security and Create Jobs President João Lourenço inaugurated the first phase of the Cabinda Refinery on Monday, marking a historic milestone in Angola’s energy sector. Budgeted at $473 million, the refinery will initially process 30,000 barrels of oil per day, with full capacity planned at 60,000 barrels per day. Angola is expected to sell its first refined products from the facility by the end of

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Local Economy News Oil

Economists Praise Cabinda Refinery Launch as Key to Angola’s Energy Independence

2, September, 20252, September, 2025

Angolan Economists Highlight Cabinda Refinery as Milestone for Energy Self-Sufficiency and Job Creation Angolan economists have hailed the inauguration of the Cabinda refinery as a major milestone for the country’s energy sector, signaling increased self-sufficiency and reduced reliance on imported fuel. The Cabinda refinery, a private investment with 90% equity from Gemcorp and 10% from state-owned Sonangol, was officially opened on Monday by President João Lourenço. Economist Daniel Sapateiro emphasized that this is the first

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Local Economy News

French Energy Delegation Visits Angola to Explore Investment Opportunities

2, September, 20252, September, 2025

French Energy Companies Strengthen Angola Presence Amid $18 Billion Investment Portfolio A French business delegation from the energy sector arrived in Angola this week to explore investment opportunities, at a time when French investment in the country exceeds $18 billion. “We have a business mission with ten companies,” said Sophie Aubert, French Ambassador to Angola, during a press briefing in Luanda. “They are not only here to make contacts but also to establish operations and

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Local Expos & Events News

Angola Oil & Gas 2025 Showcases Energy Diversification and Investment Opportunities

2, September, 20252, September, 2025

Angola Oil & Gas 2025 Highlights Natural Gas, Refining Expansion, and $60 Billion Investment Portfolio Oil and gas continue to drive Angola’s economic development, taking center stage at Angola Oil & Gas (AOG) 2025, which kicks off Wednesday with more than 2,500 delegates from 40 countries. Luis Conde, Director of the event—the largest industry conference in Angola—expressed optimism about the country’s energy strategy, emphasizing that Angola remains attractive to investors despite volatile crude prices. “The

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Corporate News Energy International

IRH Strengthens UAE–Egypt Energy and Mining Collaboration with Landmark Agreements

2, September, 20252, September, 2025

International Resources Holding Signs Strategic MoUs with EGPC and Egypt’s Mineral Authority to Boost Energy and Mining Investment International Resources Holding RSC Ltd. (IRH), a leading mine-to-market platform and subsidiary of 2PointZero, has signed two landmark Memoranda of Understanding (MoUs) with the Egyptian General Petroleum Corporation (EGPC) and the Egyptian Mineral Resources and Mining Industries Authority. The agreements reinforce the UAE–Egypt corridor as a key driver of regional energy security and sustainable economic growth. The

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Corporate News Diamonds International

HB Antwerp Unveils Rare 37-Carat Pink Diamond from Botswana’s Karowe Mine

2, September, 20252, September, 2025

HB Antwerp Recovers Rare 37-Carat Pink Diamond from Karowe Mine, Showcasing Exceptional Color and Craftsmanship Antwerp, Belgium – September 2, 2025 – HB Antwerp proudly announces the arrival of a 37.42-carat pink Type IIa diamond recovered from Lucara’s Karowe Mine in Botswana. This exceptionally rare stone exhibits an intensity of color rarely seen in the market today. Over the past five years, HB Antwerp has established itself as a leading expert in handling large, complex

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International Gas News

Senegal to End Natural Gas Imports by 2026, Boost Domestic Energy Production

2, September, 20252, September, 2025

Senegal Plans to Stop Natural Gas Imports by 2026, Leveraging Domestic Production for Energy Security Senegal’s Prime Minister Ousmane Sonko has announced that the country will cease importing natural gas in 2026, a strategic move aimed at reducing budget pressures and improving energy efficiency. The government plans to make natural gas a core part of its power mix by converting an existing plant and constructing a new facility. Officials have yet to clarify how this

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Corporate News Exploration Gas International

Egypt Signs $340 Million Oil and Gas Exploration Deals with Shell, Eni, ARCIUS, and Zarubezhneft

2, September, 20252, September, 2025

Egypt Secures $340M Investment from Shell, Eni, ARCIUS, and Zarubezhneft for Mediterranean and Delta Exploration The Egyptian Natural Gas Holding Company (EGAS) has signed four major agreements with Shell, Eni, ARCIUS Energy, and Russia’s Zarubezhneft to expand oil and gas exploration in the Mediterranean and Nile Delta regions. The agreements cover the drilling of 10 wells, with total minimum investments exceeding $340 million. Mahmoud Abdel Hamid, Chairman of EGAS, signed the agreements in the presence

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Corporate News Exploration International Oil

Nigeria Partners with TotalEnergies and Sapetro for Offshore Oil Exploration in Niger Delta

2, September, 20252, September, 2025

Nigeria Signs Offshore Production-Sharing Contract with TotalEnergies and Sapetro to Boost Exploration Nigeria has signed a production-sharing contract (PSC) with TotalEnergies and local firm South Atlantic Petroleum (Sapetro) for two offshore blocks, aiming to attract investment and accelerate exploration under the country’s new oil framework. As Africa’s largest oil producer, Nigeria seeks to revitalize its upstream sector amid global energy transition pressures and declining fossil fuel investments. The agreement covers petroleum prospecting licences (PPL) 2000

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Corporate News International Oil

Dangote Refinery Sources Crude from Ghana for First Time Amid Diversification Push

2, September, 20252, September, 2025

Dangote Refinery Expands Feedstock Strategy, Sources Crude from Ghana as Output Nears Full Capacity Nigeria’s Dangote Refinery has, for the first time, sourced crude oil from Ghana, reflecting its ongoing diversification strategy as the $20 billion project works to stabilize output and address speculation about technical setbacks. Since production began, Dangote Refinery has imported crude from Nigeria, Brazil, Angola, Ghana, and Equatorial Guinea, according to Devakumar Edwin, Executive Director at Dangote Industries. Energy intelligence firm

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