Shell Begins Exit from Nigeria’s Domestic Gas Distribution Market

Shell Moves to Divest Nigerian Gas Distribution Business as Portfolio Restructuring Continues Global energy major Shell is advancing plans to exit Nigeria’s domestic gas distribution sector, marking another significant step in the company’s ongoing effort to streamline its operations and focus on strategic priorities in key markets. The company is seeking buyers for its stake in the Shell Nigeria Gas (SNG) business, which supplies natural gas to industrial customers across Nigeria. The move forms part

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Tanzania Moves Closer to Landmark $42 Billion LNG Project as Energy Ambitions Accelerate

Tanzania Nears $42 Billion LNG Deal, Strengthening Bid to Become East Africa’s Energy Hub Tanzania is edging closer to securing one of Africa’s largest energy investments, as negotiations for a $42 billion liquefied natural gas (LNG) project approach their final stages. The development is expected to play a pivotal role in the country’s ambition to establish itself as a leading energy hub in East Africa. Finance Minister Khamis Mussa Omar indicated that discussions with investors

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Kenzoll Capital Partners with MSF Commercials to Revive Namibia’s Elizabeth Bay Diamond Mine

Namibia’s Elizabeth Bay Mine Targets Restart Under US$50 Million Investment Plan Dutch private equity and special situations investor Kenzoll Capital has partnered with Namibian-registered MSF Commercials to restart operations at the Sperrgebiet Diamond Mine, formerly known as the Elizabeth Bay Mine, near Lüderitz in southern Namibia. The project aims to revive the historic diamond operation, which has been largely inactive since 2018, while exploring opportunities to develop additional mineral resources. Following regulatory approvals, the investment

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Botswana Receives First Petroleum Cargo from Oman via Mozambique

Botswana Diversifies Fuel Supply Routes with First Oman Petroleum Cargo Botswana has taken a significant step towards strengthening its energy security after receiving its first petroleum cargo from Oman through the Port of Matola in Mozambique on 9 October 2026. Botswana Oil Limited (BOL) announced the milestone, which involved receiving a petroleum cargo from OQ Trading, an Omani energy trading company. The development marked progress in Botswana’s efforts to diversify its petroleum supply sources and

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Liberia Opens 2026 Offshore Licensing Round to Attract Oil and Gas Investment

Liberia Offers 14 Offshore Blocks as 2026 Licensing Round Targets Deepwater Exploration Investment Liberia has advanced its efforts to attract investment into offshore oil and gas exploration through its 2026 licensing round, offering prospective investors access to geological data covering the Liberia and Harper basins. The Liberia Petroleum Regulatory Authority (LPRA) is leading the licensing process, supported by more than 50,000 line-kilometres of two-dimensional (2D) seismic data and over 31,000 square kilometres of three-dimensional (3D)

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Tullow Oil Secures Rig Contract for Ghana’s Next Drilling Campaign

Tullow Oil Plans Up to 10 New Wells in Ghana Under 2027–2028 Drilling Programme Tullow Oil has signed a rig contract to drill up to 10 wells in Ghana under its 2027–2028 drilling programme, as the company seeks to sustain production and identify further development opportunities at its offshore oilfields. The rig is expected to arrive in Ghana around mid-2027. Tullow plans to use four-dimensional (4D) seismic data, alongside additional information from an Ocean Bottom

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Viridien and ONHYM Partner to Advance Morocco’s Hydrocarbon Exploration

Viridien and Morocco’s ONHYM Join Forces to Improve Subsurface Data and Unlock Exploration Opportunities Geoscience technology company Viridien has signed a multi-client collaboration agreement with Morocco’s Office National des Hydrocarbures et des Mines (ONHYM) to improve subsurface data analysis and support hydrocarbon exploration across the country’s onshore and offshore sedimentary basins. Announced on 7 October 2026, the agreement establishes a framework for the two organisations to develop integrated subsurface data and advanced analytics to improve

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Kamoa-Kakula Cuts Diesel Consumption by 40% with Solar Power

Ivanhoe Mines’ Kamoa-Kakula Copper Complex Reduces Diesel Use as 60 MW Solar-Battery System Reaches Full Capacity Kamoa-Kakula, the copper mining complex in the Democratic Republic of the Congo (DRC), has reduced diesel consumption by its on-site generators by 40% following the commissioning of new solar power and battery storage facilities. According to third-quarter results released by Ivanhoe Mines on 8 October 2026, diesel consumption fell by 40% in September compared with July as the solar

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DRC Approves Fuel Supply Framework Involving Dangote Refinery and SOCIR

DR Congo Plans US$100 Million UBA Credit Facility to Finance Fuel Imports from Dangote Refinery The Democratic Republic of the Congo (DRC) has approved a proposed fuel supply arrangement involving Nigeria’s Dangote refinery, the state-backed Congolese Refining Industries Company (SOCIR) and United Bank for Africa (UBA), as the government seeks to strengthen the country’s petroleum supply chain. The arrangement was approved by the Council of Ministers on 9 October 2026 following a proposal presented by

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Angola Approves US$569.9 Million for Jamba la Oma Hydroelectric Project

Angola Advances US$569.9 Million Jamba la Oma Hydropower Project in Huíla Province The Angolan government has approved expenditure of US$569.9 million to advance construction of the Jamba la Oma Hydroelectric Project in Huíla Province, as part of efforts to strengthen the country’s energy and water infrastructure. The approval is contained in Presidential Order No. 383/26, dated 5 October 2026, which authorises expenditure of US$569,932,239 for the project. The funding will be provided through external financing

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