Vital Industry News
Angola Moves to Digitise Fuel Sector with New Licensing and Distribution Tracking Systems Angola Strengthens Energy Partnership with China as Minister Pushes for Faster Project Delivery Petra Diamonds Shares Suspended as Audit Delay Raises Market Concerns Tanzania and Angola Move to Link Indian and Atlantic Ocean Trade Corridors by Rail ExxonMobil Expands Stake in Mozambique’s Rovuma LNG Project Ahead of Final Investment Decision Angola’s Economy Gains Momentum as Reforms and Investment Drive Stronger Growth Angola Ranks Among the World’s Top Three Diamond Producers in 2025 Mailo Solar Expansion Set to Boost Zambia’s Renewable Energy Capacity Zambia Launches Solar Financing Initiative Targeting 120,000 Households Construction Begins on Zambia’s 56MWp Kafue Solar Project
Local Oil Petroleum

Angola Moves to Digitise Fuel Sector with New Licensing and Distribution Tracking Systems

Local Energy News

Angola Strengthens Energy Partnership with China as Minister Pushes for Faster Project Delivery

Corporate News Diamonds International

Petra Diamonds Shares Suspended as Audit Delay Raises Market Concerns

More Angolan Mining News

Local Oil Petroleum

Angola Moves to Digitise Fuel Sector with New Licensing and Distribution Tracking Systems

Angola’s Fuel Regulator Advances Digital Transformation to Improve Licensing, Monitoring and Fuel Distribution Angola is…
Local Energy News

Angola Strengthens Energy Partnership with China as Minister Pushes for Faster Project Delivery

Angola Seeks Deeper Energy Cooperation with China, Urges Acceleration of Strategic Power Projects Angola is…
Corporate News Diamonds International

Petra Diamonds Shares Suspended as Audit Delay Raises Market Concerns

Petra Diamonds Trading Halted in London After Delayed Audit of South African Operations Shares of…
Local News Transport and Logistics

Tanzania and Angola Move to Link Indian and Atlantic Ocean Trade Corridors by Rail

Tanzania and Angola Advance Rail Partnership to Connect East and West African Trade and Mining…
International Corporate News Oil

ExxonMobil Expands Stake in Mozambique’s Rovuma LNG Project Ahead of Final Investment Decision

ExxonMobil Raises Rovuma LNG Stake to 50% as Mozambique’s US$30 Billion Gas Megaproject Moves Closer…
Local Economy News

Angola’s Economy Gains Momentum as Reforms and Investment Drive Stronger Growth

AfDB Sees Angola’s Growth Accelerating as Economic Reforms Boost Stability and Investment Angola’s economy is…
International Energy Gas Oil

Nigeria Launches Bid Round for 40 Oil and Gas Blocks to Revive Exploration Investment

Nigeria Offers 40 Oil and Gas Blocks as Africa’s Top Producer Seeks New Energy Investment Nigeria, Africa’s largest oil producer, has launched a new licensing round offering 40 oil and gas blocks to investors, as the country intensifies efforts to attract fresh capital into its energy sector and unlock untapped hydrocarbon resources. The initiative forms part of the government’s broader strategy to increase exploration activity, boost reserves, and strengthen long-term crude oil and natural gas

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International Corporate News Oil

Shell Begins Exit from Nigeria’s Domestic Gas Distribution Market

Shell Moves to Divest Nigerian Gas Distribution Business as Portfolio Restructuring Continues Global energy major Shell is advancing plans to exit Nigeria’s domestic gas distribution sector, marking another significant step in the company’s ongoing effort to streamline its operations and focus on strategic priorities in key markets. The company is seeking buyers for its stake in the Shell Nigeria Gas (SNG) business, which supplies natural gas to industrial customers across Nigeria. The move forms part

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International Energy News

Tanzania Moves Closer to Landmark $42 Billion LNG Project as Energy Ambitions Accelerate

Tanzania Nears $42 Billion LNG Deal, Strengthening Bid to Become East Africa’s Energy Hub Tanzania is edging closer to securing one of Africa’s largest energy investments, as negotiations for a $42 billion liquefied natural gas (LNG) project approach their final stages. The development is expected to play a pivotal role in the country’s ambition to establish itself as a leading energy hub in East Africa. Finance Minister Khamis Mussa Omar indicated that discussions with investors

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International Corporate News Diamonds

Kenzoll Capital Partners with MSF Commercials to Revive Namibia’s Elizabeth Bay Diamond Mine

Namibia’s Elizabeth Bay Mine Targets Restart Under US$50 Million Investment Plan Dutch private equity and special situations investor Kenzoll Capital has partnered with Namibian-registered MSF Commercials to restart operations at the Sperrgebiet Diamond Mine, formerly known as the Elizabeth Bay Mine, near Lüderitz in southern Namibia. The project aims to revive the historic diamond operation, which has been largely inactive since 2018, while exploring opportunities to develop additional mineral resources. Following regulatory approvals, the investment

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International Oil Petroleum Transport and Logistics

Botswana Receives First Petroleum Cargo from Oman via Mozambique

Botswana Diversifies Fuel Supply Routes with First Oman Petroleum Cargo Botswana has taken a significant step towards strengthening its energy security after receiving its first petroleum cargo from Oman through the Port of Matola in Mozambique on 9 October 2026. Botswana Oil Limited (BOL) announced the milestone, which involved receiving a petroleum cargo from OQ Trading, an Omani energy trading company. The development marked progress in Botswana’s efforts to diversify its petroleum supply sources and

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International Gas Oil

Liberia Opens 2026 Offshore Licensing Round to Attract Oil and Gas Investment

Liberia Offers 14 Offshore Blocks as 2026 Licensing Round Targets Deepwater Exploration Investment Liberia has advanced its efforts to attract investment into offshore oil and gas exploration through its 2026 licensing round, offering prospective investors access to geological data covering the Liberia and Harper basins. The Liberia Petroleum Regulatory Authority (LPRA) is leading the licensing process, supported by more than 50,000 line-kilometres of two-dimensional (2D) seismic data and over 31,000 square kilometres of three-dimensional (3D)

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International Corporate News Oil

Tullow Oil Secures Rig Contract for Ghana’s Next Drilling Campaign

Tullow Oil Plans Up to 10 New Wells in Ghana Under 2027–2028 Drilling Programme Tullow Oil has signed a rig contract to drill up to 10 wells in Ghana under its 2027–2028 drilling programme, as the company seeks to sustain production and identify further development opportunities at its offshore oilfields. The rig is expected to arrive in Ghana around mid-2027. Tullow plans to use four-dimensional (4D) seismic data, alongside additional information from an Ocean Bottom

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International Corporate News Oil

Viridien and ONHYM Partner to Advance Morocco’s Hydrocarbon Exploration

Viridien and Morocco’s ONHYM Join Forces to Improve Subsurface Data and Unlock Exploration Opportunities Geoscience technology company Viridien has signed a multi-client collaboration agreement with Morocco’s Office National des Hydrocarbures et des Mines (ONHYM) to improve subsurface data analysis and support hydrocarbon exploration across the country’s onshore and offshore sedimentary basins. Announced on 7 October 2026, the agreement establishes a framework for the two organisations to develop integrated subsurface data and advanced analytics to improve

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International Corporate News Renewable Energy

Kamoa-Kakula Cuts Diesel Consumption by 40% with Solar Power

Ivanhoe Mines’ Kamoa-Kakula Copper Complex Reduces Diesel Use as 60 MW Solar-Battery System Reaches Full Capacity Kamoa-Kakula, the copper mining complex in the Democratic Republic of the Congo (DRC), has reduced diesel consumption by its on-site generators by 40% following the commissioning of new solar power and battery storage facilities. According to third-quarter results released by Ivanhoe Mines on 8 October 2026, diesel consumption fell by 40% in September compared with July as the solar

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International Corporate News Oil

DRC Approves Fuel Supply Framework Involving Dangote Refinery and SOCIR

DR Congo Plans US$100 Million UBA Credit Facility to Finance Fuel Imports from Dangote Refinery The Democratic Republic of the Congo (DRC) has approved a proposed fuel supply arrangement involving Nigeria’s Dangote refinery, the state-backed Congolese Refining Industries Company (SOCIR) and United Bank for Africa (UBA), as the government seeks to strengthen the country’s petroleum supply chain. The arrangement was approved by the Council of Ministers on 9 October 2026 following a proposal presented by

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