Vital Industry News
PHC Plans Palm Oil Refinery in DRC to Boost Local Value Addition and Reduce Import Gap IEA Warns Middle East Conflict Could Disrupt Up to 120 bcm of Global LNG Supply Through 2030 $1.32 Billion Secured for Lobito Corridor Railway to Link Zambia’s Copperbelt to Global Markets via Angola India-Led Kimberley Process Pushes for Digital Traceability and Stronger Diamond Certification Standards Burkina Faso Moves to Increase State Stake in Kiaka Gold Mine Amid West African Resources Expansion Plans Africa’s Strategic Rise as Global Energy and Shipping Routes Shift Away from the Strait of Hormuz Namibia’s Oil and Gas Sector Enters New Investment Phase with Planned Sintana Energy NSX Listing AfDB Boosts Uganda Rural Electrification Drive with €7.33 Million in Additional Financing TotalEnergies Expands African Energy Push as Namibia Emerges as Key Offshore Oil Frontier ReconAfrica Expands Into Angola as It Strengthens Oil and Gas Exploration Across Africa
International News Oil

PHC Plans Palm Oil Refinery in DRC to Boost Local Value Addition and Reduce Import Gap

International Gas News

IEA Warns Middle East Conflict Could Disrupt Up to 120 bcm of Global LNG Supply Through 2030

Local News Transport and Logistics

$1.32 Billion Secured for Lobito Corridor Railway to Link Zambia’s Copperbelt to Global Markets via Angola

More Angolan Mining News

International News Oil

PHC Plans Palm Oil Refinery in DRC to Boost Local Value Addition and Reduce Import Gap

DRC’s PHC to Build Palm Oil Refinery by 2028 as Company Targets Vertical Integration and…
International Gas News

IEA Warns Middle East Conflict Could Disrupt Up to 120 bcm of Global LNG Supply Through 2030

Middle East Conflict May Cut 120 bcm of Global LNG Supply by 2030, Warns International…
Local News Transport and Logistics

$1.32 Billion Secured for Lobito Corridor Railway to Link Zambia’s Copperbelt to Global Markets via Angola

Africa Finance Corporation and AfDB Back $5 Billion Lobito Corridor Railway to Connect Zambia Copper…
Diamonds International News

India-Led Kimberley Process Pushes for Digital Traceability and Stronger Diamond Certification Standards

Kimberley Process Chair Calls for Digital Traceability and Stronger Compliance to Boost Global Diamond Certification…
International Gold News

Burkina Faso Moves to Increase State Stake in Kiaka Gold Mine Amid West African Resources Expansion Plans

Burkina Faso Seeks 40% Stake in Kiaka Gold Mine as West African Resources Suspends Trading…
International News Oil

Africa’s Strategic Rise as Global Energy and Shipping Routes Shift Away from the Strait of Hormuz

Strait of Hormuz Disruptions Push Global Trade Toward Africa’s Red Sea, Gulf of Aden, and…
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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Corporate News Diamonds International

Alrosa Launches AI Technology to Accelerate Diamond Discovery

Alrosa Introduces AI System to Revolutionize Diamond Exploration in Challenging Terrains Alrosa has introduced a cutting-edge artificial intelligence (AI) system aimed at accelerating the discovery of diamond deposits in complex geological environments. The new technology is designed to enhance the accuracy of identifying promising exploration sites while significantly reducing search time and costs. The company estimates that the system could save hundreds of millions of rubles per project. Diamond exploration has slowed in recent decades,

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Diamonds International News

Dubai Police Foil $25 Million Pink Diamond Heist

Dubai Police Arrest Suspects and Recover $25 Million Pink Diamond in High-Stakes Heist Dubai Police successfully intercepted an attempted theft of a 21.25-carat pink diamond valued at $25 million, responding swiftly after the victim reported the crime. Acting on a tip, authorities arrested three suspects within eight hours of the jeweler notifying them and recovered the diamond before it could be smuggled out of the United Arab Emirates (UAE), according to a post on Dubai

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Corporate News International Oil

Oregen Energy Expands Namibia Footprint with Orange Basin Acquisition

Oregen Energy Boosts Stake in Namibia’s Orange Basin with Strategic Acquisition and Financing Oregen Energy Corp. has expanded its position in Namibia’s offshore Orange Basin by acquiring an additional 36% equity interest in WestOil Limited, which holds a 70% operating stake in Block 2712A (PEL 107). The transaction, completed through Oregen’s purchase of Oranam Energy Limited, increases Oregen’s ownership in WestOil to 48.5%, giving the company a 33.95% net working interest in Block 2712A. Under

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International Energy News

Namibia Turns Green Hydrogen Vision into Reality with Landmark Pilot Projects

Namibia Leads Africa’s Green Hydrogen Revolution with First Iron Plant, Refuelling Hub, and Hydrogen Village Namibia’s much-publicised green hydrogen strategy is no longer just a bold vision—it is already delivering tangible results through operational pilot projects that are attracting global attention. In only a few years, the country has launched Africa’s first green direct-reduced iron plant, is building its first commercial hydrogen refuelling station, and has rolled out an innovative hydrogen village to power agriculture

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Diamonds Local News

Angola’s Diamond Subsector Shows Strong Prospects Amid Sustainability Push

Angola Diamond Industry Poised for Growth with Focus on Sustainable Exploration The diamond subsector in Angola holds promising prospects, despite ongoing challenges, said Laureano Afraid Paulo, Executive Administrator of ENDIAMA-EP, during a press briefing in Luanda. Speaking on the final day of Expo Catoca, where he participated in a panel on “The Future of the Diamond Subsector: Reserves, Innovation, and Added Value,” Laureano Paulo emphasized that rising production levels bring increased responsibility to ensure diamond

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Corporate News Diamonds Local

National Diamond Company Showcases Sustainability and Social Impact at Expo Catoca

Angola’s National Diamond Company Highlights Sustainability and Social Responsibility at Expo Catoca The National Diamond Company of Angola is participating in the inaugural edition of Expo Catoca, presenting an exhibition that highlights its diverse areas of operation, with a strong focus on environmental sustainability and social responsibility. The event, which concludes on Thursday, July 28, has impressed participants and coincides with the 30th anniversary of Sociedade Mineira de Catoca. During the opening ceremony, Diamantino Azevedo,

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Corporate News Gas International

Shell Nears Acquisition of Egypt’s Offshore Rahmat Gas Field

Shell is close to finalizing a deal to acquire development rights for Egypt’s offshore Rahmat natural gas field. The deepwater field is estimated to hold 1.3 trillion cubic feet of natural gas and 80 million barrels of condensate, according to data from the Pharaonic Petroleum Company, a joint venture between BP and the Egyptian government, Asharq Business reported. BP previously controlled the concession but relinquished it two years ago after missing the development deadline. Shell

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International News Oil

NNPCL CEO Highlights Progress in Combating Crude Theft in Nigeria

Nigeria Reduces Crude Oil Theft Through Security Collaboration, Says NNPCL CEO Nigeria’s crude oil industry has long faced theft, with international syndicates exploiting security gaps in the Niger Delta, according to Bashir Ojulari, Group CEO of the Nigerian National Petroleum Company Limited (NNPCL). Speaking at the Africa Chief of Defence Staff Conference in Abuja, Ojulari emphasized that collaboration between government agencies has helped curb oil theft and ensure full remittance of crude oil revenues. He

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Corporate News International Oil

Petrobras Set to Return to Nigeria as Bilateral Ties Strengthen

Petrobras to Reenter Nigeria Amid Strengthened Brazil-Nigeria Energy Cooperation Brazil’s state-run oil company Petrobras, which exited Nigeria five years ago, is expected to resume operations soon, Nigerian President Bola Tinubu announced. He made the statement during a joint press conference with Brazilian President Luiz Inácio Lula da Silva, held during Lula’s two-day visit to Nigeria aimed at bolstering bilateral relations. Petrobras first entered Nigeria in 1998, operating in the deep waters of the Niger Delta.

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