Vital Industry News
South Sudan Declines to Renew Oranto Petroleum’s Block B3 Exploration Agreement Mozambique Relaunches Tender for 30 MW Solar Project in Sofala Province ExxonMobil Advances Block 15 Redevelopment to Extend Angola Oil Output Angola Launches Cabinda Refinery to Boost Domestic Fuel Supply and Exports Eni Moves to Exit Nigerian Onshore Oil Sector with Sale of Remaining Stake in Renaissance JV Renewvia Energy Expands Solar Mini-Grid Operations Across Four African Countries to Tackle Energy Poverty Libya Shuts Down Zawiya Refinery After Armed Clashes Near Key Oil Facility West of Tripoli U.S. Nigerian Crude Oil Imports Fall 15% in Q1 2026 as Africa Trade Share Shifts Dangote Conditions East Africa Refinery Investment on Strong Anti-Dumping Policies Zimbabwe’s Mutapa Investment Fund Seeks $250 Million to Expand Gold Mining Operations
International Corporate News Oil

South Sudan Declines to Renew Oranto Petroleum’s Block B3 Exploration Agreement

International News Renewable Energy

Mozambique Relaunches Tender for 30 MW Solar Project in Sofala Province

Local Corporate News Oil

ExxonMobil Advances Block 15 Redevelopment to Extend Angola Oil Output

More Angolan Mining News

International Corporate News Oil

South Sudan Declines to Renew Oranto Petroleum’s Block B3 Exploration Agreement

South Sudan Opens Block B3 to New Investors After Ending Oranto Petroleum Exploration Deal South…
International News Renewable Energy

Mozambique Relaunches Tender for 30 MW Solar Project in Sofala Province

Mozambique Restarts 30 MW Dondo Solar Tender to Expand Renewable Energy Capacity and Attract Private…
Local Corporate News Oil

ExxonMobil Advances Block 15 Redevelopment to Extend Angola Oil Output

ExxonMobil Awards Major Subsea Contract to Boost Production and Extend Life of Angola’s Block 15…
Local News Oil

Angola Launches Cabinda Refinery to Boost Domestic Fuel Supply and Exports

Angola’s First New Refinery in 50 Years Starts Output in Cabinda, Reducing Fuel Imports and…
International Corporate News Energy Oil

Eni Moves to Exit Nigerian Onshore Oil Sector with Sale of Remaining Stake in Renaissance JV

Eni to Sell Final 5% Stake in Nigeria’s Renaissance Africa Energy JV as Major Oil…
International Renewable Energy

Renewvia Energy Expands Solar Mini-Grid Operations Across Four African Countries to Tackle Energy Poverty

Renewvia Energy to Invest $750M in Solar Mini-Grids Across Uganda, Rwanda, Ethiopia, and DR Congo…
Oil Corporate News Gas

Libya Partners with Chevron to Assess Shale Oil and Gas Potential

Libya’s NOC and Chevron Sign Deal to Study 123 Tcf Gas and 18 Billion Barrels of Shale Resources National Oil Corporation (NOC) has signed a memorandum of understanding with Chevron to conduct a joint study on shale oil and gas potential across several of Libya’s sedimentary basins. According to an official statement, the collaboration will focus on evaluating unconventional hydrocarbon resources and identifying opportunities for future development. Preliminary estimates suggest that Libya’s basins may contain

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International News Oil

Uganda Plans New Oil Licensing Round to Expand Reserves

Uganda to Launch Third Oil Licensing Round as It Prepares for First Crude Production Uganda is preparing to launch a new oil exploration licensing round in the next financial year, as it moves closer to starting commercial crude production and seeks to expand its resource base. Speaking at a petroleum conference, Energy Minister Ruth Nankabirwa confirmed that the country will open its third petroleum licensing round in the financial year beginning in July. The round

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International Gas News

Cameroon Awards Five Oil and Gas Blocks in 2025–2026 Licensing Round

Cameroon Grants Key Exploration Blocks to Murphy and Octavia to Revive Oil Output Cameroon’s Société Nationale des Hydrocarbures (SNH) has advanced its 2025–2026 licensing round, originally launched on August 1, 2025, with the award of five oil and gas blocks to international operators. Murphy West Africa has secured four blocks in the Douala–Kribi–Campo basin, a strategically important offshore and coastal region known for its established infrastructure and previous hydrocarbon discoveries. Octavia Energy Corporation has been

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International Energy Gas News

Dakar LNG Terminal Project Set to Strengthen Senegal’s Energy Security

GasEntec and ELTON Partner to Deliver Dakar LNG Terminal, Boosting Senegal’s Power Capacity by 2027 GasEntec has signed contracts with ELTON Logistics & Services to supply a jetty-based LNG regasification unit along with associated onshore infrastructure for the Dakar LNG Terminal in Senegal. The project marks a major step toward expanding Senegal’s energy capacity and is expected to become one of West Africa’s leading LNG import facilities. Once completed, the terminal will supply natural gas

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Corporate News International Oil

UAE Exit from OPEC Raises Concerns Over Oil Market Stability and Nigeria’s Revenue Outlook

UAE to Leave OPEC in 2026: Analysts Warn of Oil Price Volatility and Revenue Risks for Nigeria The planned withdrawal of the United Arab Emirates (UAE) from the Organization of the Petroleum Exporting Countries (OPEC) is raising concerns among energy analysts, who warn the move could weaken the group’s influence over global oil prices and create risks for oil-dependent economies such as Nigeria. The UAE is set to exit the alliance on May 1, 2026,

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Oil Economy Local News

Angola Oil Revenue Rises to $7.16 Billion in Q1 on Stronger Prices

Angola Oil Export Revenue Climbs 10% to $7.16B in Q1 2026 as Higher Brent Prices Boost Earnings Angola generated $7.16 billion from crude oil exports in the first quarter of 2026, representing a 10.18% increase compared to the same period in 2025, according to government data. The figures were presented by Secretary of State for Oil and Gas José Barroso during a quarterly review of the country’s oil and gas sector performance. Higher prices drive

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Local News Oil

Angola Oil Sector Faces Medium Risk of Money Laundering, Study Finds

Angola Upstream Oil Industry Identified as Medium Risk for Money Laundering and Corruption, New ANPG Report Says Angola’s upstream oil exploration and production sector carries multiple risks related to money laundering, corruption, and potential terrorist financing, according to a new regulatory study. The report, the Sectoral Risk Assessment on Money Laundering, Terrorist Financing and Proliferation Financing in the Upstream Segment, was prepared by the National Agency of Petroleum, Gas and Biofuels (ANPG) with support from

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International Infrastructure Local

Calucuve Dam Nears Completion to Strengthen Water Security in Southern Angola

Angola’s Calucuve Dam Set for July Completion to Boost Water Supply, Agriculture, and Drought Resilience The Calucuve Dam, located in the municipality of Cuvelai in Cunene province, is expected to be completed in July, according to the Ministry of Energy and Water. The project is part of Angola’s broader efforts to improve water access, strengthen drought resilience, and support regional development in the south of the country. Major water infrastructure project The Calucuve Dam includes

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Diamonds Economy Local

Lunda Norte Inaugurates Chitotolo Diamond Plant to Boost Production and Jobs

Angola Opens $9M Chitotolo Processing Plant in Lunda Norte, Raising Diamond Output Capacity by 140% The governor of Lunda Norte, Filomena Miza, has inaugurated the new Recovery and Processing Plant (CRP) of the Chitotolo Mining Company in a ceremony attended by the Minister of Mineral Resources, Petroleum and Gas, Diamantino Pedro Azevedo. The new facility is expected to significantly increase diamond production capacity while creating additional employment opportunities in the province, supporting both local livelihoods

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Diamonds Corporate News Economy Local

Endiama and Rio Tinto Launch Chiri Mining Venture for Diamond Exploration in Angola’s Lunda Sul

Angola Launches Chiri Mining JV as Endiama and Rio Tinto Begin Diamond Exploration in Lunda Sul Angola’s state-owned Endiama and global mining company Rio Tinto have officially launched the Chiri Mining Company, a joint venture that will carry out diamond prospecting and exploration in the Lunda Sul province. The company was formally established during a ceremony attended by Angola’s Minister of Mineral Resources, Petroleum and Gas, Diamantino Azevedo, marking a new phase in the country’s

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