Angolan Mining Oil & Gas - Page 6 of 402 - Top Angolan News for Oil, Gas and Mining Industries

Botswana Seeks Strategic Deals with Oman as It Pursues Greater Control of De Beers

14, April, 202614, April, 2026

President Duma Boko Travels to Oman to Secure Resource Partnerships and Financing for Potential De Beers Stake Expansion Botswana President Duma Boko is travelling to Oman to sign cooperation agreements covering natural resources and energy, as his administration works to strengthen the country’s position in leading diamond producer De Beers Group. Boko is scheduled to hold talks through Tuesday with Haitham bin Tariq, according to a statement issued by the president’s office on Sunday. The

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Local Transport and Logistics

Flooding Disrupts Rail Traffic on Lobito Corridor, Halting Key Mineral Export Route

14, April, 202614, April, 2026

Severe Floods in Angola Suspend Lobito Corridor Rail Operations, Threatening Copper and Cobalt Exports from Central Africa Severe flooding in western Angola has forced the suspension of rail traffic along the Lobito Corridor, disrupting a critical export route for minerals from the region’s mining sector. The line operator, Lobito Atlantic Railway, reported that “significant damage” was sustained to railway infrastructure near the Halo River between Cubal and Caimbambo, approximately 140 kilometres southeast of the coastal

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Diamonds Economy Local News

Angola Diamond Production Rises 8% in 2025 as UAE Dominates Export Market

14, April, 202614, April, 2026

Angola Produces 15.19 Million Carats of Diamonds in 2025, with UAE Accounting for Nearly 80% of Exports Angola increased its rough diamond production by 8% year-on-year to 15.19 million carats in 2025, exceeding the national target of 14.8 million carats, a senior government official said on Tuesday. The United Arab Emirates accounted for nearly 80% of the country’s diamond exports during the year. According to government data, the United Arab Emirates represented 78.6% of Angola’s

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International News Oil Petroleum

Zambia Launches US$1.1 Billion Oil Refinery Project to Boost Energy Security

11, April, 202611, April, 2026

Zambia Launches US$1.1 Billion Crude Oil Refinery Project in Ndola to Boost Energy Security and Industrial Growth The Zambian Government has officially launched the construction of a US$1.1 billion crude oil refinery in Ndola, marking a significant milestone in efforts to strengthen the country’s energy security and accelerate industrial development. Speaking at the ground-breaking ceremony, Minister of Energy Makozo Chikote said the project is being driven by the private sector through Fujian Xiang Xin Corporation

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Diamonds International News

GIA Highlights the World’s Most Iconic Diamonds on World Diamond Day

8, April, 20268, April, 2026

World Diamond Day 2026: GIA Reveals History and Science Behind Legendary Diamonds In honor of World Diamond Day on April 8, the Gemological Institute of America (GIA) has showcased some of the world’s most famous and fascinating diamonds it has examined over the decades. Since its founding in 1931, GIA has become the global authority in gemology, assessing over four million diamonds annually and uncovering the science, history, and rarity behind stones that have captivated

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International Corporate News Oil

ExxonMobil Nears $10 Billion Investment in Nigeria’s Deepwater Oil Projects

8, April, 20268, April, 2026

ExxonMobil plans $10B investment in Nigerian deepwater oil to boost production to 180,000 bpd ExxonMobil is moving closer to a $10 billion investment decision in Nigeria, Africa’s largest oil producer, aiming to expand its deepwater oil production in the country to 180,000 barrels per day (bpd). The company first announced the plan in September 2024 following a meeting in New York between its executives and Nigeria’s Vice President Kashim Shettima. The initial phase focuses on

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International News Oil

Middle East Oil Crisis Strains African Economies, Raising Inflation and Food Security Risks

8, April, 20268, April, 2026

Middle East conflict pushes global oil prices higher, threatening African currencies, debt, and food security A surge in global oil prices driven by the ongoing Middle East conflict is intensifying pressure on African economies, weakening currencies, raising debt costs, and fueling fears of a broader cost-of-living crisis. A joint report by the African Union, the African Development Bank, and the United Nations Development Programme highlights that at least 29 African currencies have depreciated since late

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Local Economy Gold News

Angola to Launch First Gold Refinery as Part of Economic Diversification Strategy

8, April, 20268, April, 2026

Angola opens first gold refinery in 2026 to boost mining value, reduce reliance on oil and diamonds Angola, Africa’s second-largest oil producer, is set to operate its first gold refinery in the first half of 2026, signaling a push to diversify its economy and extract more value from mineral resources. The refinery, located in Viana near Luanda, has a processing capacity of approximately 20 kilograms per day. Construction and equipment installation have been completed, with

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International Economy Gold

BRICS Plus Nations Expand Gold Reserves as Central Banks Accelerate Shift Away from Dollar

8, April, 20268, April, 2026

BRICS Plus gold reserves surpass 6,000 tonnes as central banks boost purchases and dollar share declines Members of the BRICS Plus trade bloc now hold more than 6,000 tonnes (t) of gold, representing about 17.4% of total global central bank reserves, up from 11.2% in 2019, according to a market note by financial services group EBC Financial Group. Russia leads the bloc with 2,336 t of gold reserves, followed closely by China with 2,298 t,

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Local Energy Gas Oil

Angola’s Energy Sector Rebounds in 2026 as $100 Billion Investment Pipeline Signals New Growth Cycle

7, April, 20267, April, 2026

Angola’s Energy Sector Enters New Growth Cycle as $100 Billion Investment Pipeline Takes Shape Angola has entered 2026 with a fundamentally reshaped energy investment proposition, driven by regulatory reforms, new infrastructure projects, and a strategic shift following its departure from the Organization of the Petroleum Exporting Countries in January 2024. The decision to exit the producer alliance removed production quotas that had capped output at roughly 1.11 million barrels per day, allowing operators to pursue

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