Vital Industry News
Africa Positions Itself as Key LNG Supplier to Europe Amid Global Energy Shifts Nigeria’s Petrol Imports Plunge as Dangote Refinery Dominates Local Supply Ghana’s Damang Gold Mine Transitions to Local Ownership Under Engineers and Planners Chevron Appoints Emmanuelle Garinet to Lead Exploration in the Americas and Africa Angola’s Cabinda Refinery Nears Production Start Following Ministerial Inspection Angola Begins Gas Exports from Quiluma Field with 150 Million Cubic Feet per Day Angola Leads African Rare Earth Surge with $165 Million Investment in Longonjo Project 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
International Gas News

Africa Positions Itself as Key LNG Supplier to Europe Amid Global Energy Shifts

Corporate News International Oil Petroleum

Nigeria’s Petrol Imports Plunge as Dangote Refinery Dominates Local Supply

Corporate News Gold International

Ghana’s Damang Gold Mine Transitions to Local Ownership Under Engineers and Planners

More Angolan Mining News

International Gas News

Africa Positions Itself as Key LNG Supplier to Europe Amid Global Energy Shifts

Africa Expands LNG Exports to Europe as Demand Rises Amid Energy Supply Uncertainty Africa is…
Corporate News International Oil Petroleum

Nigeria’s Petrol Imports Plunge as Dangote Refinery Dominates Local Supply

Nigeria Cuts Petrol Imports as Dangote Refinery Meets 92% of Fuel Demand Nigeria recorded a…
Corporate News Gold International

Ghana’s Damang Gold Mine Transitions to Local Ownership Under Engineers and Planners

Ghana’s Damang Mine Set for Local Takeover as Engineers and Planners Prepares Operations Ghana’s mining…
Corporate News International Mining Personality

Chevron Appoints Emmanuelle Garinet to Lead Exploration in the Americas and Africa

Chevron Names Emmanuelle Garinet Director of Exploration for the Americas and Africa Energy supermajor Chevron…
Corporate News Local Oil

Angola’s Cabinda Refinery Nears Production Start Following Ministerial Inspection

Cabinda Refinery Prepares for Petroleum Production After Ministry Inspection A delegation from the Ministry of…
Local Economy Gas News

Angola Begins Gas Exports from Quiluma Field with 150 Million Cubic Feet per Day

Angola Launches Gas Exports from Quiluma Field, Boosting Energy Diversification The National Agency of Petroleum,…
Corporate News International

Dangote Expands Into Petrochemicals Through Strategic Japanese Partnership

Aliko Dangote Partners with Mitsui Chemicals to Launch Africa’s Largest Petrochemical Venture Africa’s richest man, Aliko Dangote, is expanding his industrial footprint beyond oil refining into the global petrochemical sector through a new partnership with Japanese chemical giant Mitsui Chemicals. The deal, announced at the Tokyo International Conference on African Development (TICAD) in Yokohama, aims to encourage wider Japanese corporate participation in Africa’s petrochemical market and marks a major diversification move for Dangote Industries. Under

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International News Renewable Energy

Surge in Chinese Solar Panel Imports Transforms Africa’s Energy Landscape

African Solar Imports from China Soar 60%, Nigeria Overtakes Egypt as Second-Largest Market African nations are rapidly scaling up solar adoption, with imports of Chinese solar panels surging 60% in the 12 months through June, according to data from climate think tank Ember. China, which manufactures 80% of the world’s solar panels, remains the dominant global supplier. Over the period, 25 African countries imported at least 100 megawatts of solar capacity, compared with just 15

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International News Oil

South Korea’s $100 Billion US Energy Deal Threatens Nigeria’s Oil Exports

Nigeria’s Oil Exports to Asia at Risk as South Korea Boosts $100 Billion US Energy Imports Nigeria’s crude oil exports to Asia face renewed pressure after South Korea signed a $100 billion agreement to purchase US energy over the next four years, strengthening competition in one of Africa’s most critical markets. The deal, concluded during President Lee Jae-myung’s state visit to Washington, cements Seoul’s role as the largest Asian buyer of US crude. South Korea

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Corporate News International Oil

Dangote Refinery Reshapes West and Central Africa’s Fuel Market

Dangote Refinery Ends Nigeria’s Fuel Import Dependence, Boosts Exports Across Africa and Beyond The Dangote Petroleum Refinery has emerged as a game-changer in West and Central Africa’s energy landscape, ending decades of dependence on imported petroleum products and positioning Nigeria as a net exporter of refined fuels. With a processing capacity of 650,000 barrels per day, the refinery is the largest in Africa and has rapidly transformed regional trade flows. Since operations began, it has

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International Gold News

Burkina Faso Boosts Mining Revenues as Govt Raises Equity in West African Resources to 15%

Burkina Faso Increases Stake in West African Resources’ Gold Projects Under New Mining Code Burkina Faso’s largest gold producer and one of its biggest foreign investors, West African Resources (WAF), has implemented the revised 2024 mining code, raising the government’s free carried equity in its gold projects from 10% to 15%. The adjustment was confirmed in WAF’s interim financial report for the first half of 2025. WAF executive chairman Richard Hyde said the equity transfer

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Diamonds Local News

Angola Surpasses Botswana in Diamond Production Value After 20 Years of Dominance

Angola Overtakes Botswana as World’s Top Diamond Producer for First Time in Two Decades For the first time in 20 years, Botswana has lost its crown as the world’s leading diamond producer by value, with Angola edging ahead in 2024, according to data from the Kimberley Process (KP). Botswana’s diamond output fell sharply to 18.13 million carats worth US$1.36 billion in 2024, down 27.8% in volume and 58.6% in value from the previous year. By

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International News Oil Petroleum

DRC Oil Prices Record Modest Weekly Gain but Remain on Downward Trend

DRC Oil Prices Rise 1.8% to $67.7 per Barrel Despite Yearly Decline The price of a barrel of oil, one of the Democratic Republic of Congo’s (DRC) key export commodities, rose to US$67.7 on August 22, 2025, up from US$66.9 the previous week, marking a 1.8% increase, according to the Central Bank of Congo’s latest economic report. As of August 21, oil prices were still 9.1% lower than at the end of 2024 and down

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Gold International News

ZCCM-IH Appointed to Lead Zambia’s Gold Sector Transformation

Zambia Mandates ZCCM-IH to Formalize and Transform the Gold Mining Industry ZCCM Investments Holdings Plc (“ZCCM-IH” or “the Company”) announces that the Government of the Republic of Zambia has officially mandated the Company to spearhead the formalisation, development, and transformation of the country’s gold sector. This appointment represents a historic milestone in unlocking the full potential of Zambia’s gold mining industry. For decades, the sector has remained largely informal, characterised by limited structure, minimal value

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International Corporate News Oil

88 Energy Shifts Focus to Namibia Following Sale of US Oil Asset

88 Energy Sells Texas Oil Stake to Boost Exploration in Namibia’s Offshore Energy Sector Namibia is set to benefit from 88 Energy Limited’s recent decision to sell its non-core oil and gas interests in the United States and reinvest the proceeds into exploration projects within the country. The Australian-listed company announced it has divested its 75% non-operated working interest in Project Longhorn, a producing asset in Texas’ Permian Basin, for US$3.25 million (approximately N$59 million).

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Local News Oil

Agogo FPSO Achieves Provisional Operational Readiness, Boosting Angola Oil Output

Agogo FPSO Achieves Provisional Operational Readiness, Boosting Angola Oil Output The Agogo FPSO unit has been awarded a Provisional Operational Readiness Certificate (PORC), marking the start of its 15-year charter and operational lease. The certificate follows the commencement of production in July 2025 and formalizes the lease-and-operate agreement between FPSO developer Yinson Production and project operator Azule Energy. Yinson Production secured the contract with Azule Energy in 2023 for the provision, operation, and maintenance of

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