Angolan Mining Oil & Gas - Page 61 of 389 - Top Angolan News for Oil, Gas and Mining Industries

TotalEnergies Working Toward Restarting $20 Billion Mozambique LNG Project

29, July, 202529, July, 2025

TotalEnergies Eyes Restart of $20B Mozambique LNG Project Amid Talks with Government TotalEnergies and its partners are continuing discussions with the Mozambique government to align on restarting construction of the 12.8 million tonnes per annum (mtpa) Mozambique LNG project, CEO Patrick Pouyanné confirmed during the company’s second-quarter earnings call. “This is a major project, and we are working to ensure strong alignment between the government of Mozambique and the investors,” Pouyanné told analysts on Thursday.

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Corporate News Local Mining Projects

Pensana’s Longonjo Rare Earths Mine Stays on Track as Coola Exploration Begins in Angola

29, July, 202529, July, 2025

Pensana Advances Longonjo Rare Earths Project in Angola, Launches Coola Exploration London-listed rare earths miner Pensana has announced that construction of its Longonjo mine in Angola is progressing on schedule and remains within the allocated capital budget of $217 million. In parallel, the company has commenced exploration activities at the Coola project, located approximately 40 km north of Longonjo. Main construction at Longonjo began in May 2025, following a series of preparatory site works that

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Corporate News Gold Mining Projects

Kavango Resources Identifies Key Structural Controls on Gold Mineralisation at Hillside Project in Zimbabwe

29, July, 202529, July, 2025

Kavango Confirms Shear Zone Gold Targets at Hillside Project in Zimbabwe’s Filabusi Greenstone Belt London-listed Kavango Resources has released its first technical update on the structural geology of its Hillside gold project, located in Zimbabwe’s Filabusi Greenstone Belt. The analysis, conducted in collaboration with Murgana Structural Consulting of Sofia, Bulgaria, provides valuable insight into the geological setting of three priority prospects: Nightshift, Bill’s Luck, and Steenbok. At all three sites, gold-bearing quartz veins have been

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Local News Oil

Angola Cuts Oil-Backed Debt to China as It Shifts Toward Safer Financing Strategies

28, July, 202528, July, 2025

Angola to Reduce Oil-Backed Debt to China to as Low as $7.5 Billion by Year-End Amid Push for Financial Stability Angola’s oil-backed debt to China is projected to fall to between $7.5 billion and $8.0 billion by the end of 2025, according to Dorivaldo Teixeira, Director of the Debt Management Unit at the Ministry of Finance. This marks a continued decline from $10.15 billion at the end of 2024 and $8.94 billion at the end

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International News Oil Petroleum

Aliko Dangote Warns of Black Market Fuel Cartels Undermining Africa’s Refinery Future

28, July, 202528, July, 2025

Aliko Dangote Exposes Offshore Fuel Cartels Threatening Africa’s Energy Independence Africa’s richest man, Aliko Dangote, has sounded the alarm over the growing influence of black market fuel cartels operating in offshore waters across the continent. He warned that these illicit networks are actively sabotaging efforts to build domestic refining capacity by manipulating prices and supply chains—particularly through maritime fuel trading hubs like Lomé, Togo. Speaking at the Global Commodity Insights Conference on West Africa in

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International News Oil Petroleum

U.S. Crude Oil Exports to Nigeria Surpass Imports for First Time Amid Refinery Shifts

28, July, 202528, July, 2025

U.S. Exports More Crude Oil to Nigeria Than It Imports for the First Time in 2024 For the first time in history, the United States exported more crude oil to Nigeria than it imported during February and March 2024, according to data from the U.S. Energy Information Administration (EIA). This reversal in trade flows was largely driven by reduced demand on the U.S. East Coast due to scheduled refinery maintenance and increased demand from Nigeria’s

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International News Oil Petroleum

Nigeria Leads Effort to Establish West African Fuel Pricing Benchmark

28, July, 202528, July, 2025

Nigeria Partners with S&P to Launch West Africa’s First Regional Fuel Pricing Benchmark West Africa is taking a major step toward energy market independence with the development of a regional pricing benchmark for refined petroleum products. Historically, the region has relied on global reference markets that often fail to reflect its unique supply chain dynamics. In a move to address this gap, Nigeria has partnered with S&P Global Commodity Insights to create localized pricing indices

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Corporate News International Oil

Tullow Oil Exits Kenya in $120 Million Deal with Auron Energy

28, July, 202528, July, 2025

Tullow Oil Sells Kenya Assets to Auron Energy for $120M in Strategic West Africa Shift Tullow Oil has reached a definitive agreement to sell its entire stake in Kenya to Auron Energy E&P, an affiliate of Gulf Energy Ltd, in a deal valued at a minimum of $120 million in cash. This transaction marks Tullow’s complete exit from Kenya, where it previously held 463 million barrels of 2C contingent oil resources in the South Lokichar

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Oil Infrastructure International

Cameroon Begins Construction of Second Oil Refinery to Boost Energy Independence

28, July, 202528, July, 2025

Cameroon Launches New Oil Refinery and Petroleum Depot in Kribi to Reduce Fuel Imports Cameroon has officially launched the construction of a new oil refinery and petroleum storage depot in its southern region, marking a major step toward enhancing energy independence. The announcement was made by the state-owned National Hydrocarbons Corporation (SNH). The project is being developed within the Kribi industrial port zone, a strategic location selected for its infrastructure and proximity to maritime transport.

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International Gas News Oil

Libya and Algeria Deepen Energy Ties with Four Strategic Oil and Gas Agreements

28, July, 202528, July, 2025

Libya’s NOC and Algeria’s Sonatrach Sign Four Key MoUs to Expand Energy Cooperation in Exploration, Services, and Training Libya’s National Oil Corporation (NOC) has signed four memorandums of understanding (MoUs) with Algeria’s state-owned oil company Sonatrach, strengthening bilateral cooperation across key areas of the energy sector. The agreements were signed at Sonatrach’s headquarters in Algiers and aim to enhance collaboration in operations, oilfield services, training, and knowledge exchange. The first MoU was signed between the

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