Vital Industry News
Senegal Takes Full Control of Yakaar-Teranga Gas Project After Kosmos Energy Withdrawal Rhino Resources Advances Capricornus Oil Discovery Appraisal Offshore Namibia TotalEnergies Expands Local Supplier Spending as Namibia’s Oil and Gas Sector Gains Momentum France Intensifies Push into Namibia’s Oil Sector as TotalEnergies Targets Major Offshore Projects Zambia Secures $1.5 Billion China Deal to Add 900 MW Power Capacity and Strengthen Energy Security Dangote Plans Major East Africa Refinery Expansion as African Leaders Push for Industrial Self-Sufficiency DRC Pushes for Energy Transformation as It Showcases Massive Hydropower Potential at African Energy Forum Global Energy Transition Accelerates in 2025 as Renewables and Nuclear Expand 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
International Energy Gas News

Senegal Takes Full Control of Yakaar-Teranga Gas Project After Kosmos Energy Withdrawal

International Corporate News Oil

Rhino Resources Advances Capricornus Oil Discovery Appraisal Offshore Namibia

Corporate News Gas International Oil

TotalEnergies Expands Local Supplier Spending as Namibia’s Oil and Gas Sector Gains Momentum

More Angolan Mining News

International Energy Gas News

Senegal Takes Full Control of Yakaar-Teranga Gas Project After Kosmos Energy Withdrawal

Senegal Transfers Yakaar-Teranga Gas Project to State Firm PETROSEN as Kosmos Energy Exits Major Offshore…
International Corporate News Oil

Rhino Resources Advances Capricornus Oil Discovery Appraisal Offshore Namibia

Rhino Resources Launches Capricornus-1A Appraisal Well to Assess Light Oil Discovery in Namibia’s Orange Basin…
Corporate News Gas International Oil

TotalEnergies Expands Local Supplier Spending as Namibia’s Oil and Gas Sector Gains Momentum

TotalEnergies Invests $141 Million in Namibian Suppliers to Boost Local Participation in Offshore Oil and…
International News Oil

France Intensifies Push into Namibia’s Oil Sector as TotalEnergies Targets Major Offshore Projects

France Expands Energy Partnership with Namibia Amid Rising Competition for New Oil Frontier France is…
International News Renewable Energy

Zambia Secures $1.5 Billion China Deal to Add 900 MW Power Capacity and Strengthen Energy Security

Zambia has secured a $1.5 billion investment from China Machinery Engineering Corporation (CMEC) to expand…
International News Oil

Dangote Plans Major East Africa Refinery Expansion as African Leaders Push for Industrial Self-Sufficiency

Dangote Proposes 650,000 bpd East Africa Refinery to Boost Regional Industrialisation and Energy Security Africa’s…
Corporate News Gas International

BPCL Secures LNG Marketing Rights from Mozambique Project as Development Resumes

Bharat Petroleum Strengthens Upstream Presence with Mozambique LNG Project Revival Bharat Petroleum Corp. Ltd (BPCL) has secured the rights to market liquefied natural gas (LNG) from Mozambique’s long-delayed Offshore Area 1 project, in which it holds a 10% stake, as full-scale development is set to resume following improved security conditions. Addressing BPCL’s annual general meeting, Chairman and Managing Director Sanjay Khanna said the project, jointly owned by three Indian public sector undertakings (PSUs) with a

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Local Corporate News Mining Projects

Pensana Engages U.S. Officials to Secure Rare Earth Supply Chain from Angola

Pensana Meets U.S. Government to Establish Strategic Rare Earth Supply Chain Amid China Restrictions Rare earths developer Pensana has announced that its CEO Tim George and CCO Will Izod recently met with David Copley, deputy director for critical and emerging technology at the White House National Security Council, to discuss establishing a secure and resilient rare earth supply chain into the United States. The meeting concluded a week of high-level engagements in Washington, during which

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Corporate News Gold International

Asante Gold Secures $500M Financing to Boost Bibiani and Chirano Mines in Ghana

Asante Gold Raises $500 Million to Expand Ghana Operations and Target 500,000 oz Annual Output by 2028 Canada’s Asante Gold has finalized a $500-million financing package to accelerate the development and expansion of its Bibiani and Chirano gold mines in Ghana, the company announced on Monday. The package includes net proceeds from a $125-million second utilization under its $150-million senior debt facility. A first drawdown of $5 million was completed on August 14, while a

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Local News Partnerships

Angola and UAE Strengthen $2.2B Non-Oil Trade Partnership with New Transport and Logistics Projects

Angola–UAE Non-Oil Trade Hits $2.2 Billion, Boosting Logistics and Transport Growth Non-oil trade between Angola and the United Arab Emirates (UAE) reached US$2.2 billion in 2024, marking a 36% increase compared to 2019. This milestone reflects growing mutual trust, rising investment opportunities, and the consolidation of a long-term strategic alliance between the two nations. As part of this deepening partnership, new memorandums of understanding were signed with AD Ports Group to modernize Angola’s port and

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Local Corporate News Transport and Logistics

AD Ports Group Strengthens Angola’s Transport and Logistics Sector with New Strategic Agreements

AD Ports Group and Angola Partner to Launch Digital Logistics Platform and Expand Truck Fleet The Ministry of Transport of the Republic of Angola has taken a major step toward modernizing the nation’s logistics sector through a series of strategic agreements signed with AD Ports Group. These agreements include the development of a Single Digital Logistics Window and the expansion of Angola’s national truck fleet, both critical initiatives to enhance efficiency and competitiveness. In addition

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Corporate News International Oil

Dangote Battles Domestic Oil Mafia as Nigeria Faces International Crude Theft Syndicates

Nigeria’s Oil Industry Under Siege from International Syndicates and Domestic “Oil Mafia” Nigeria’s oil sector, the backbone of Africa’s largest economy, is facing serious threats both internally and externally. While the Nigerian National Petroleum Company Limited (NNPC) warns of sophisticated international criminal gangs looting crude oil, Aliko Dangote, CEO of Africa’s largest oil refinery, is confronting a powerful domestic “oil mafia.” At the Africa Chief of Defence Staff Conference in Abuja, NNPC’s Group CEO, Bashir

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Corporate News International

Dangote Expands Into Petrochemicals Through Strategic Japanese Partnership

Aliko Dangote Partners with Mitsui Chemicals to Launch Africa’s Largest Petrochemical Venture Africa’s richest man, Aliko Dangote, is expanding his industrial footprint beyond oil refining into the global petrochemical sector through a new partnership with Japanese chemical giant Mitsui Chemicals. The deal, announced at the Tokyo International Conference on African Development (TICAD) in Yokohama, aims to encourage wider Japanese corporate participation in Africa’s petrochemical market and marks a major diversification move for Dangote Industries. Under

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International News Renewable Energy

Surge in Chinese Solar Panel Imports Transforms Africa’s Energy Landscape

African Solar Imports from China Soar 60%, Nigeria Overtakes Egypt as Second-Largest Market African nations are rapidly scaling up solar adoption, with imports of Chinese solar panels surging 60% in the 12 months through June, according to data from climate think tank Ember. China, which manufactures 80% of the world’s solar panels, remains the dominant global supplier. Over the period, 25 African countries imported at least 100 megawatts of solar capacity, compared with just 15

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International News Oil

South Korea’s $100 Billion US Energy Deal Threatens Nigeria’s Oil Exports

Nigeria’s Oil Exports to Asia at Risk as South Korea Boosts $100 Billion US Energy Imports Nigeria’s crude oil exports to Asia face renewed pressure after South Korea signed a $100 billion agreement to purchase US energy over the next four years, strengthening competition in one of Africa’s most critical markets. The deal, concluded during President Lee Jae-myung’s state visit to Washington, cements Seoul’s role as the largest Asian buyer of US crude. South Korea

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Corporate News International Oil

Dangote Refinery Reshapes West and Central Africa’s Fuel Market

Dangote Refinery Ends Nigeria’s Fuel Import Dependence, Boosts Exports Across Africa and Beyond The Dangote Petroleum Refinery has emerged as a game-changer in West and Central Africa’s energy landscape, ending decades of dependence on imported petroleum products and positioning Nigeria as a net exporter of refined fuels. With a processing capacity of 650,000 barrels per day, the refinery is the largest in Africa and has rapidly transformed regional trade flows. Since operations began, it has

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