Angolan Mining Oil & Gas - Page 6 of 399 - Top Angolan News for Oil, Gas and Mining Industries

Lucara Secures $350 Million Bond Financing to Complete Karowe Underground Expansion

31, March, 202631, March, 2026

Lucara Diamond Raises $350m in Senior Secured Bonds to Fund Karowe Underground Project Completion in Botswana Canada-headquartered Lucara Diamond Corp has successfully closed a $350 million senior secured bond issuance, providing the financial certainty required to advance its Karowe Underground Project in Botswana through to completion. The five-year bonds carry a fixed annual coupon rate of 12.5%, with interest payments scheduled on a quarterly basis. Proceeds from the financing have been used to fully repay

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Corporate News International Oil

Chevron’s Wheatstone LNG Plant Hit by Cyclone Damage, Production Trains Remain Offline

31, March, 202631, March, 2026

Chevron Reports Extensive Cyclone Damage at Wheatstone LNG Facility in Australia, Full Production Delayed for Weeks Chevron Corporation said on Tuesday that downstream infrastructure at its Wheatstone LNG Plant in Western Australia sustained significant damage following a tropical cyclone, leaving both production trains temporarily offline. Danny Woodall confirmed that the two liquefied natural gas (LNG) processing trains at the 8.9-million-tonne-per-year facility remain shut after Tropical Cyclone Narelle struck the region last week. Speaking at the

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Diamonds Corporate News Mining Personality

Jillian Wolk Appointed CEO of De Beers’ Diamond Traceability Platform Tracr

31, March, 202631, March, 2026

De Beers Names Jillian Wolk as CEO of Tracr to Lead Next Phase of Diamond Traceability and Transparency Jillian Wolk has been appointed Chief Executive Officer of Tracr, the diamond traceability subsidiary of De Beers Group, effective May 1. She succeeds Wesley Tucker, who stepped down at the end of February after leading the business through its formative and scaling stages. Wolk brings extensive leadership experience across the jewellery, luxury and technology sectors. Most recently,

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Corporate News International Oil

Afreximbank Backs Dangote Refinery with $2.5 Billion Loan to Strengthen Africa’s Industrial Capacity

31, March, 202631, March, 2026

Afreximbank Underwrites $2.5bn for Dangote Refinery in $4bn Deal to Boost Africa’s Energy Security and Industrial Growth The African Export-Import Bank has underwritten US$2.5 billion of a US$4 billion senior syndicated term loan for Dangote Petroleum Refinery and Petrochemicals, a move expected to reinforce Africa’s largest refining complex and accelerate the continent’s industrial development agenda. The five-year financing facility, arranged in partnership with Access Bank, is designed to consolidate existing debt, optimise the refinery’s capital

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Corporate News Diamonds International

Rio Tinto Concludes 20+ Years of Production at Diavik Diamond Mine

29, March, 202629, March, 2026

Rio Tinto Ends Production at Diavik Diamond Mine in Canada After Producing 150 Million Carats Rio Tinto has officially marked the end of production at its Diavik diamond mine in Canada’s Northwest Territories, concluding more than two decades of operations that yielded over 150 million carats of rough diamonds. Located approximately 220 km south of the Arctic Circle beneath Lac de Gras, Diavik was discovered in 1991 and began production in 2003. The operation, comprising

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Oil Economy Local News

Angola Targets $2.5 Billion in Dollar Bonds Amid Rising Oil Prices

29, March, 202629, March, 2026

Angola Launches $2.5 Billion Dollar Bond Sale Boosted by Higher Oil Prices Angola is set to raise $2.5 billion through the sale of dollar-denominated bonds, capitalizing on higher oil prices driven by the Iran–Israel conflict to attract strong investor demand. Africa’s third-largest oil producer is offering $1.5 billion in seven-year bonds at a yield of 9.375% and $1 billion in 11-year bonds at 9.875%, according to a source familiar with the matter. Both yields are

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International Gas News

Spain and Algeria Near Agreement to Boost Gas Supplies via Medgaz Pipeline

29, March, 202629, March, 2026

Spain and Algeria in Talks to Increase Gas Supply by 10% Through Medgaz Pipeline Amid European Energy Concerns Spain and Algeria are in advanced negotiations to increase gas supplies through the Medgaz pipeline, potentially boosting flows by up to 10%, as Europe seeks more secure energy sources amid geopolitical tensions. Two sources familiar with the discussions told Reuters that a preliminary agreement could be reached during Spanish Foreign Minister José Manuel Albares’ visit to Algiers

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Corporate News International Oil

Dangote Refinery Exports 456,000 Tonnes of Refined Fuel to African Markets

28, March, 202628, March, 2026

Dangote Petroleum Refinery Strengthens Africa’s Energy Security with 456,000 Tonnes of Fuel Exports Dangote Petroleum Refinery has exported 456,000 tonnes of refined petroleum products to five African countries, marking a major milestone in regional energy supply. The company shipped 12 cargoes of fuel to Côte d’Ivoire, Cameroon, Tanzania, Ghana, and Togo. These exports followed the refinery reaching its full production capacity of 650,000 barrels per day in February. Products were sold on a Free on

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International Gas News

Egypt Launches New Offshore Gas Exploration with Valaris DS-12 Drillship

28, March, 202628, March, 2026

Egypt Deploys Valaris DS-12 to Boost Offshore Gas Exploration and Production Egypt has entered a new phase of offshore gas exploration with the arrival of the drillship Valaris DS-12 in its territorial waters. The deployment marks the start of a drilling program targeting four new wells in Egypt’s offshore fields. The drillship will initially drill one production well and one exploratory well for BP. Subsequently, it will drill two additional exploratory wells for Arcius Energy,

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Corporate News International Oil

Reconnaissance Energy Africa Begins Kavango West Testing and Advances Gabon Seismic Program

28, March, 202628, March, 2026

ReconAfrica Initiates Production Testing in Namibia and Expands Offshore Exploration in Gabon Reconnaissance Energy Africa Ltd has commenced production testing at its Kavango West 1X discovery well in Namibia while advancing seismic activities and appraisal planning on the offshore Ngulu block in Gabon as part of its 2026 work program. The company confirmed that it has received all necessary regulatory approvals to begin testing at Kavango West, with field teams already on site preparing the

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