Vital Industry News
DRC Signs Gold Supply Deal with UAE Firm to Expand Access to Global Bullion Markets Dangote Plans Major Refinery Expansion to Boost Capacity and Create Thousands of Jobs South Africa Turns to US Fuel Imports as Middle East Supply Risks Reshape Energy Trade Senegal Takes Full Control of Yakaar-Teranga Gas Project After Kosmos Energy Withdrawal Rhino Resources Advances Capricornus Oil Discovery Appraisal Offshore Namibia TotalEnergies Expands Local Supplier Spending as Namibia’s Oil and Gas Sector Gains Momentum France Intensifies Push into Namibia’s Oil Sector as TotalEnergies Targets Major Offshore Projects Zambia Secures $1.5 Billion China Deal to Add 900 MW Power Capacity and Strengthen Energy Security Dangote Plans Major East Africa Refinery Expansion as African Leaders Push for Industrial Self-Sufficiency DRC Pushes for Energy Transformation as It Showcases Massive Hydropower Potential at African Energy Forum
Gold Economy International

DRC Signs Gold Supply Deal with UAE Firm to Expand Access to Global Bullion Markets

Corporate News International Oil

Dangote Plans Major Refinery Expansion to Boost Capacity and Create Thousands of Jobs

International News Oil Petroleum

South Africa Turns to US Fuel Imports as Middle East Supply Risks Reshape Energy Trade

More Angolan Mining News

Gold Economy International

DRC Signs Gold Supply Deal with UAE Firm to Expand Access to Global Bullion Markets

DR Congo Partners with UAE-Based Paradigm Holdings to Boost Gold Exports Through Dubai Trading Hub…
Corporate News International Oil

Dangote Plans Major Refinery Expansion to Boost Capacity and Create Thousands of Jobs

Aliko Dangote Targets 1.4 Million Barrels Per Day Capacity Expansion at Dangote Refinery, Creating Up…
International News Oil Petroleum

South Africa Turns to US Fuel Imports as Middle East Supply Risks Reshape Energy Trade

South Africa Boosts US Fuel Imports Amid Strait of Hormuz Tensions and Rising Global Shipping…
International Energy Gas News

Senegal Takes Full Control of Yakaar-Teranga Gas Project After Kosmos Energy Withdrawal

Senegal Transfers Yakaar-Teranga Gas Project to State Firm PETROSEN as Kosmos Energy Exits Major Offshore…
International Corporate News Oil

Rhino Resources Advances Capricornus Oil Discovery Appraisal Offshore Namibia

Rhino Resources Launches Capricornus-1A Appraisal Well to Assess Light Oil Discovery in Namibia’s Orange Basin…
Corporate News Gas International Oil

TotalEnergies Expands Local Supplier Spending as Namibia’s Oil and Gas Sector Gains Momentum

TotalEnergies Invests $141 Million in Namibian Suppliers to Boost Local Participation in Offshore Oil and…
International News Renewable Energy

EBRD Approves $74.1 Million for 200 MW Ras Ghareb Wind Farm to Boost Egypt’s Renewable Energy

EBRD Backs 200 MW Ras Ghareb Wind Farm, Advancing Egypt’s 10 GW Renewable Energy Target by 2028 The European Bank for Reconstruction and Development (EBRD) has approved $74.1 million to develop a 200 MW wind farm in Ras Ghareb, reinforcing Egypt’s ambitions to expand its renewable energy capacity. The project will be led by Infinity Power and Masdar, supported by a senior EBRD loan of up to $60.7 million, a $3.38 million concessional loan from

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Oil International News

Libya Aims to Double Oil Production to 2 Million Barrels per Day by 2027

Libya Targets 2 Million Barrels per Day as NOC Seeks $4 Billion Investment to Boost Oil and Gas Output Libya plans to nearly double its oil production to two million barrels per day by 2027, according to Farhat Bengdara, head of the National Oil Company (NOC). Speaking to Sky News Arabia, Bengdara said Libya currently produces about 1.2 million barrels per day and anticipates revenues of $35–$37 billion this year. He emphasized that the country

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International News Renewable Energy

Nigeria to Launch 1,000-Megawatt Solar Panel Manufacturing Plant

Nigeria Signs Agreement to Build 1,000MW Solar Panel Factory to Boost Local Production and Clean Energy The Nigerian government has signed an agreement to establish a 1,000-megawatt solar panel manufacturing plant, a move aimed at increasing domestic production, reducing reliance on imports, and supporting the country’s transition to cleaner energy. The signing ceremony took place at the Infrastructure Corporation of Nigeria (InfraCorp) office in Abuja. The project involves a partnership between the Rural Electrification Agency

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Corporate News International Oil

TotalEnergies Secures New Offshore Acreage in Liberia’s Latest Licensing Round

TotalEnergies Expands Deepwater Exploration with New Offshore Blocks in Liberia TotalEnergies has signed new agreements to explore offshore Liberia, securing acreage awarded under the country’s latest licensing round. The blocks are located in the southern end of the Liberia Basin, opening fresh opportunities in deepwater exploration. As part of its initial commitments, the French energy major will conduct a detailed seismic study to evaluate the subsurface potential, laying the groundwork for wider exploration campaigns in

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International News

Nigeria Leads Launch of African Petroleum Regulators Forum to Harmonize Energy Policies

Nigeria and Seven Countries Sign AFRIPERF Charter to Boost Investment and Align Petroleum Regulations Across Africa Nigeria has signed a charter establishing the African Petroleum Regulators Forum (AFRIPERF), a new continental body designed to harmonize petroleum regulations, attract investment, and strengthen governance across Africa’s oil and gas sector. The charter was endorsed by regulators from eight countries—Nigeria, Ghana, Somalia, Gambia, Madagascar, Sudan, Guinea, and Togo—while representatives from seven additional nations pledged to join after internal

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International Gas Oil

Egypt and Nigeria Sign Energy Cooperation Deal to Boost Refinery and Gas Projects

Egypt’s EGPC and Nigeria’s NNPC Forge Partnership to Strengthen Refinery Operations and Gas Infrastructure The Egyptian General Petroleum Corporation (EGPC) and the Nigerian National Petroleum Corporation (NNPC) have signed a cooperation agreement aimed at expanding the role of Egyptian petroleum companies in Nigeria’s development projects. The deal builds on Egypt’s growing footprint in African energy markets and the proven track record of Egyptian Projects Operation and Maintenance (EPROM) in managing Nigerian refineries. The agreement was

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Corporate News Gas International News Oil

Dangote Refinery Makes Breakthrough with First U.S. Gasoline Shipment

Nigeria’s Dangote Refinery Secures First U.S. Gasoline Sales, Proving Capability in Premium Markets Nigeria’s $20 billion Dangote Refinery has reached a major milestone, delivering its first gasoline cargo to the United States after meeting the country’s strict fuel standards. The move signals the refinery’s growing global relevance and its ability to compete in premium markets. The inaugural shipment, carried aboard the tanker Gemini Pearl, was discharged on Monday at Sunoco’s Linden terminal in New York

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Corporate News International Oil

South Africa Extends Durban Fuel Hub Leases to BP, Shell, and Vitol

South Africa Grants Long-Term Durban Oil Hub Leases to BP, Shell, and Vitol Amid Import Dependence South Africa has granted multinational oil majors and traders—including BP, Shell, and Vitol—extended leases at its key petrochemical hub in Durban, ending years of uncertainty over short-term contracts that had threatened investment and supply security. The decision, announced by the Transport Ministry, allows the companies long-term access to the Island View Precinct at Durban port, which handles about 70%

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International Corporate News Gas Oil

Chevron, Israel Sign $610 Million Pipeline Deal to Boost Gas Exports to Egypt

Chevron and Israel Ink $610M Nitzana Pipeline Deal to Expand Gas Exports Amid Regional Tensions Chevron and its partners in Israel’s Leviathan offshore gas field have signed a $610 million agreement with Israel Natural Gas Lines to build the Nitzana pipeline, a strategic project that will transport Israeli natural gas to Egypt. The 65-kilometer pipeline, expected to be operational by 2028, will carry at least 600 million cubic feet of gas per day. Once completed,

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Corporate News Diamonds International

Botswana Pushes to Seal De Beers Majority Stake Deal by October

Botswana Targets Majority Control of De Beers as Diamond Market Faces Crisis Botswana’s President Duma Boko says his government aims to finalize a deal to acquire majority control of De Beers by the end of October, even as negotiations continue with Anglo American Plc and other interested parties. Anglo American, which currently owns 85% of the diamond giant, began seeking to divest its stake 16 months ago as part of a broad restructuring plan. The

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