Vital Industry News
Angola to Invest $60 Billion in Oil Sector to Sustain Production and Drive Energy Transition Angola Launches Landmark 25MW Solar Energy Project in Cazombo Nigeria’s First Privately Managed Onshore Crude Export Terminal Begins Operations SBM Offshore to Exit Equatorial Guinea with Sale of FPSO Aseng Stake ReconAfrica Targets Kavango Basin Expansion with New Drilling and C$10 Million Fundraising Effort Zimbabwe Confirms First Commercial Gas Discovery Oando Commits $550 Million to NNPC’s Project Gazelle as Part of Landmark Expansion Petra Diamonds Reports Lower Sales Amid Market Volatility Oman Replaces Sanctioned Alrosa in Angola’s Catoca Diamond Mine AFC Secures $320 Million Deal with Italy to Boost Angola’s Lobito Corridor
Angola to Invest $60 Billion in Oil Sector to Sustain Production and Drive Energy Transition Angola Launches Landmark 25MW Solar Energy Project in Cazombo Nigeria’s First Privately Managed Onshore Crude Export Terminal Begins Operations SBM Offshore to Exit Equatorial Guinea with Sale of FPSO Aseng Stake ReconAfrica Targets Kavango Basin Expansion with New Drilling and C$10 Million Fundraising Effort Zimbabwe Confirms First Commercial Gas Discovery Oando Commits $550 Million to NNPC’s Project Gazelle as Part of Landmark Expansion Petra Diamonds Reports Lower Sales Amid Market Volatility Oman Replaces Sanctioned Alrosa in Angola’s Catoca Diamond Mine AFC Secures $320 Million Deal with Italy to Boost Angola’s Lobito Corridor
Local News Oil

Angola to Invest $60 Billion in Oil Sector to Sustain Production and Drive Energy Transition

Local News Renewable Energy

Angola Launches Landmark 25MW Solar Energy Project in Cazombo

International News Oil

Nigeria’s First Privately Managed Onshore Crude Export Terminal Begins Operations

More Angolan Mining News

Local News Oil

Angola to Invest $60 Billion in Oil Sector to Sustain Production and Drive Energy Transition

The Angolan government plans to invest over $60 billion in the oil sector over the…
Local News Renewable Energy

Angola Launches Landmark 25MW Solar Energy Project in Cazombo

A groundbreaking solar energy project with a production capacity of 25 megawatts is set to…
International News Oil

Nigeria’s First Privately Managed Onshore Crude Export Terminal Begins Operations

Green Energy International Limited (GEIL) has marked a historic milestone in Nigeria’s petroleum sector with…
Corporate News International Oil

SBM Offshore to Exit Equatorial Guinea with Sale of FPSO Aseng Stake

Dutch floating production specialist SBM Offshore has reached an agreement to divest its entire ownership…
International Corporate News Oil

ReconAfrica Targets Kavango Basin Expansion with New Drilling and C$10 Million Fundraising Effort

ReconAfrica is preparing to drill its second exploration well in Namibia’s Kavango Basin, bolstered by…
International Gas News

Zimbabwe Confirms First Commercial Gas Discovery

Zimbabwe has entered a new era in its energy sector with the confirmation of its…
International Oil Petroleum

 US Oil Production Growth to Remain Measured Despite Trump’s Plans

LONDON – US oil and gas companies are unlikely to make significant production increases under president-elect Donald Trump, as the industry remains focused on capital discipline, according to Liam Mallon, head of Exxon Mobil’s upstream division. Speaking at the Energy Intelligence Forum in London on Tuesday, Mallon stated, “We’re not going to see anybody in ‘drill, baby, drill’ mode.” He emphasized that the industry’s focus on economic factors and disciplined capital management will likely prevent

Loading

Read More Here

Diamonds International

Botswana Joins Antwerp as Origin Certifier for G7 Diamond Exports

Botswana, a major African diamond producer, will join Antwerp as an origin certifier of rough diamonds exported to the Group of Seven (G7), which banned imports of Russian diamonds earlier this year. This move aims to address concerns raised by African diamond-producing nations and ensure fair participation in the new certification system. The initial plan required all diamonds to pass through Antwerp, Europe’s diamond hub, for verification under a new tracing system. However, producers such

Loading

Read More Here

Diamonds Corporate News International

Lucapa Diamond to Restart Production at Australia’s Merlin Mine with Phased Plan

Lucapa Diamond (ASX: LOM) has announced a phased plan to restart production at the Merlin diamond mine in Australia’s Northern Territory, which has been on hold for years. The first phase, spanning 18 months, involves excavating and dredging five existing pits. This phase will require an investment of A$15 million (US$10 million) and is projected to recover approximately 67,000 carats, generating an estimated revenue of A$42 million (US$27 million). The second phase, lasting 27 months,

Loading

Read More Here

Diamonds International

Botswana Diamonds Secures Environmental Approval for Kalahari Drilling Campaign

Aim-listed Botswana Diamonds has obtained environmental authorisation from Botswana’s Department of Environmental Affairs and the Ministry of Environment and Tourism to begin drilling at two targets in the Kalahari. The drilling programme will explore two gravity anomalies spanning 12 hectares and 6 hectares, located near the company’s KX36 kimberlite discovery. These targets hold potential to enhance existing resources in the region, including the Ghaghoo mine, situated about 60 km from KX36 and currently under care

Loading

Read More Here

Local News

KBR and AMUFERT Partner to Build Ammonia Plant in Angola

KBR, a global engineering company, has partnered with AMUFERT, a fertilizer production and marketing firm, to develop a large-scale ammonia production plant in Soyo, Angola. The facility will have a daily production capacity of 2,300 metric tons, aiming to enhance food security in Angola and across the region. The project will leverage KBR’s proprietary ammonia technology, with the company providing a technology license, specialized engineering design, and tailored solutions to support the plant’s development. Jay

Loading

Read More Here

Gold International News

Ghana’s Gold Trade Desk Generates $1.02 Billion, Boosts Economy

The Minerals Income Investment Fund (MIIF) of Ghana has reported $1.02 billion in revenue over the past year through its gold trade desk. This platform was created to formalize the country’s small-scale mining sector, enhance gold traceability, and provide a dependable market for locally produced gold. In addition to stabilizing the small-scale mining sector, the desk has significantly supported the economy by channeling $600 million to Bulk Distribution Companies for petroleum imports. This measure has

Loading

Read More Here

Transport and Logistics Local News

Banco Sol Expresses Commitment to Supporting Sustainable Projects in Lobito Corridor

Banco Sol has expressed interest in financing and supporting sustainable projects led by local entrepreneurs along the Lobito Corridor, the bank’s Executive Committee Chairman, Osvaldo de Lemos Macaia, confirmed on Wednesday in Benguela. Speaking to Jornal de Angola, Macaia emphasized the region’s economic potential and the government’s active efforts to attract investors to the Lobito Corridor. “For initiatives along the Lobito Corridor, Banco Sol will evaluate the projects and companies to assess how local entrepreneurs

Loading

Read More Here

International Oil Petroleum

Oil Prices Rise Slightly as Dollar Strengthens

Oil futures for January delivery rose to $70.14 per barrel on Friday, marking a 0.06% increase on the New York Mercantile Exchange at the time of reporting. Earlier in the session, prices reached their peak before showing potential support at $66.53 and resistance at $70.75 per barrel. The U.S. Dollar Index Futures, which tracks the dollar’s performance against a basket of six major currencies, gained 0.51%, trading at 107.48. Meanwhile, on the ICE Futures Exchange,

Loading

Read More Here

International Corporate News Oil Petroleum

Brent Crude Prices Predicted to Drop Amid Global Supply Surplus

The price of Brent crude oil is expected to decline by $5 to $9 per barrel over the next 12 months due to a significant global supply surplus, particularly from non-OPEC (Organization of the Petroleum Exporting Countries) producers, and weakening demand driven by economic uncertainties in China and Europe. These challenges could intensify if the U.S. government under Donald Trump imposes tariffs on imports from China and Europe. According to international experts interviewed by Broadcast,

Loading

Read More Here

Gold International News Oil

Gold and Oil Prices Drop Amid Possible Israel-Lebanon Ceasefire

Gold and oil prices fell by approximately 3% on Monday following reports of a potential ceasefire agreement between Israel and Lebanon, which could ease tensions in the Middle East. By 6:00 PM Luanda time, gold—a traditional safe-haven asset—had dropped by 3.13%, trading at $2,631 per ounce. This decline interrupted a five-session streak of consecutive gains. Market analyst Adrián Hostaled highlighted that, in addition to the potential ceasefire, the nomination of Scott Bressent as the future

Loading

Read More Here

1 … 57 58 59 60 61 … 314
en English pt Portuguese

You have successfully subscribed to the AMG Weekly newsletter

There was an error while trying to send your request. Please try again.

Angolan Mining Oil & Gas will use the information you provide on this form to be in touch with you and to provide updates and marketing.