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…
Oil Exploration Gas News

Africa’s Energy Sector Surges in 2025 with Major Oil and Gas Discoveries

Africa’s 2025 Oil and Gas Boom: Congo, Rwanda, Namibia, and Angola Lead Exploration Growth Africa’s energy sector is accelerating in 2025, as countries across the continent announce major oil and gas discoveries, issue new exploration licenses, and launch ambitious surveys to tap untapped reserves. One of the latest developments is a new oil exploration licensing agreement between the Republic of Congo and Qatar. From Central Africa to the Atlantic coast, governments and international energy companies

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International Exploration News Oil

Kenya Launches Bidding for 10 Oil Exploration Blocks in First Licensing Round in Six Years

Kenya Opens Bidding for 10 Oil Exploration Blocks with New Petroleum Legislation The East African nation holds a total of 50 blocks across four sedimentary basins, with 10 now ready for marketing, according to Mohamed Liban, Principal Secretary for Petroleum. Petroleum Commissioner Joseph Otieno said the blocks on offer are located in the Anza and Lamu basins. The selection of these blocks was guided by detailed geoscientific data, ensuring a transparent allocation process. The government

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Corporate News Gold International Mergers & Acquisitions

Harmony Gold Expands Internationally with $1.08 Billion Acquisition of MAC Copper

Harmony Gold Acquires Australia’s MAC Copper Mine for $1.08 Billion to Boost Global Copper Portfolio South Africa’s Harmony Gold has taken a major step in its international expansion strategy with the proposed $1.08 billion (R19 billion) acquisition of Australia’s MAC Copper. The transaction, first announced in May 2025, moved closer to completion after MAC Copper shareholders overwhelmingly approved the deal. Headquartered in Randfontein, Harmony Gold is South Africa’s largest gold producer by volume, operating a

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Corporate News International Oil Petroleum

Dangote Refinery Boosts Exports Amid Middle East Refinery Downtime

Dangote Oil Refinery Increases Exports to Middle East as Regional Refinery Shutdowns Create Market Opportunities Africa’s largest oil refinery, the Dangote Oil Refinery in Lekki, has seen a substantial rise in the volume of refined products exported in recent months, particularly to markets in the Middle East. A report by Punch newspaper highlighted that the surge is largely due to downtime at other regional refineries, creating a supply gap that the $20 billion Lekki-based refinery

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Corporate News Local Oil

Angola’s Cabinda Refinery Set to Cut Fuel Imports and Boost Domestic Production by 2025

Angola’s Cabinda Oil Refinery to Begin Fuel Production by 2025, Reducing Reliance on Imports Angola’s long-awaited Cabinda oil refinery, the first new refinery built since the country gained independence nearly five decades ago, is expected to start producing fuel before the end of 2025, Oil and Gas Minister Diamantino Azevedo announced Monday. The 30,000-barrel-per-day (bpd) facility will be Angola’s second refinery and aims to reduce the country’s dependence on costly fuel imports, especially as the

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Diamonds Local News Technology & Innovation

Angola Harnesses Technology to Transform Diamonds and Energy Sectors

Angola’s Future: High-Tech Diamonds, Digital Oilfields, and Renewable Power Angola is reshaping its economic identity through a high-tech transformation of its diamond and oil & gas industries. Long reliant on raw exports, the country is now investing in artificial intelligence, blockchain, and clean energy to create sustainable, transparent, and efficient resource sectors. The Saurimo Diamond Development Hub in Lunda Sul province is a centerpiece of Angola’s diamond renaissance. The complex integrates polishing factories, a hybrid

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Local Gas Oil Technology & Innovation

Angola’s Oil & Gas Sector Embraces Digital Innovation and Clean Energy

Angola’s Oil & Gas Sector Embraces Digital Transformation and Clean Energy Transition Angola is accelerating its transformation into a modern energy hub by deploying cutting-edge digital technologies in oil and gas exploration while expanding its renewable energy portfolio. The country, traditionally dependent on crude exports, is pursuing a balanced strategy: boosting efficiency in hydrocarbon production while investing in clean energy and infrastructure that can power sustainable growth. Angola’s oil-rich offshore basins remain a cornerstone of

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International Mining Oil

DRC Launches Workshop to Boost Transparency in Mining, Oil, and Forestry Contract Disclosures

DRC Advances Extractive Sector Transparency with Mining, Oil, and Forestry Contract Disclosure Workshop The EITI-DRC Technical Secretariat launched a two-day workshop on the disclosure of mining, oil, and forestry concession contracts on Thursday, August 28, 2025, at the Lubumbashi Hotel. The workshop is part of the ENCORE Project, funded by the IDA/World Bank through the Ministry of Finance, and aims to strengthen transparency and governance in the Democratic Republic of Congo’s extractive sector. From August

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Corporate News International Oil

Chevron Supports Two-Year Emergency Food Program to Combat Malnutrition in Namibia

Chevron Backs Namibia’s Emergency Food Support Program to Aid Vulnerable Communities Harmattan Energy Ltd. (“Chevron”) has pledged support for a two-year Emergency Food Support Programme in Namibia aimed at addressing acute food insecurity and malnutrition. Developed by Palms for Life in partnership with local organizations and the Office of the Vice President, the program will run from September 2025 to September 2027 across eight regions. It will provide daily nutritious meals to 3,150 highly vulnerable

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Diamonds International News

US Extends Import Deadline for “Grandfathered” Russian Diamonds by One Year

US Delays Deadline for Importing Pre-Sanction Russian Diamonds to September 2026 The United States government has extended the deadline for importing certain “grandfathered” Russian diamonds by one year, postponing the original September 1, 2025 cutoff to September 1, 2026. Following sanctions on Russian-origin diamonds in March 2024, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued General License No. 104. This license allowed U.S. importers to bring in select nonindustrial loose diamonds

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