Vital Industry News
Africa Positions Itself as Key LNG Supplier to Europe Amid Global Energy Shifts Nigeria’s Petrol Imports Plunge as Dangote Refinery Dominates Local Supply Ghana’s Damang Gold Mine Transitions to Local Ownership Under Engineers and Planners Chevron Appoints Emmanuelle Garinet to Lead Exploration in the Americas and Africa Angola’s Cabinda Refinery Nears Production Start Following Ministerial Inspection Angola Begins Gas Exports from Quiluma Field with 150 Million Cubic Feet per Day Angola Leads African Rare Earth Surge with $165 Million Investment in Longonjo Project Burkina Faso Mining Development Fund Raises CFA85.7 Billion in 2025 Chinese Investors Dominate $21.8 Billion in Proposed Investments in Angola TotalEnergies Restarts Production at Libya’s Mabruk Oil Field After 11-Year Shutdown
International Gas News

Africa Positions Itself as Key LNG Supplier to Europe Amid Global Energy Shifts

Corporate News International Oil Petroleum

Nigeria’s Petrol Imports Plunge as Dangote Refinery Dominates Local Supply

Corporate News Gold International

Ghana’s Damang Gold Mine Transitions to Local Ownership Under Engineers and Planners

More Angolan Mining News

International Gas News

Africa Positions Itself as Key LNG Supplier to Europe Amid Global Energy Shifts

Africa Expands LNG Exports to Europe as Demand Rises Amid Energy Supply Uncertainty Africa is…
Corporate News International Oil Petroleum

Nigeria’s Petrol Imports Plunge as Dangote Refinery Dominates Local Supply

Nigeria Cuts Petrol Imports as Dangote Refinery Meets 92% of Fuel Demand Nigeria recorded a…
Corporate News Gold International

Ghana’s Damang Gold Mine Transitions to Local Ownership Under Engineers and Planners

Ghana’s Damang Mine Set for Local Takeover as Engineers and Planners Prepares Operations Ghana’s mining…
Corporate News International Mining Personality

Chevron Appoints Emmanuelle Garinet to Lead Exploration in the Americas and Africa

Chevron Names Emmanuelle Garinet Director of Exploration for the Americas and Africa Energy supermajor Chevron…
Corporate News Local Oil

Angola’s Cabinda Refinery Nears Production Start Following Ministerial Inspection

Cabinda Refinery Prepares for Petroleum Production After Ministry Inspection A delegation from the Ministry of…
Local Economy Gas News

Angola Begins Gas Exports from Quiluma Field with 150 Million Cubic Feet per Day

Angola Launches Gas Exports from Quiluma Field, Boosting Energy Diversification The National Agency of Petroleum,…
Diamonds International Mining Projects

Botswana Diamonds Secures Four New Prospecting Licences After AI-Driven Exploration Success

Botswana Diamonds Awarded Four New Prospecting Licences Following AI-Powered Exploration for Diamonds and Critical Minerals London-listed Botswana Diamonds has been awarded four new prospecting licences in Botswana following an extensive AI-driven exploration programme across the country. This innovative approach identified several highly prospective targets for diamonds as well as critical minerals including copper, silver, cobalt, gold, nickel, zinc, and platinum group metals (PGMs). The four licences—PL298, PL303, PL304, and PL305—focus primarily on diamond exploration and

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Corporate News International Oil

Woodside Energy Takes Over Operatorship of Bass Strait Assets from ExxonMobil

Woodside Energy Assumes Control of Bass Strait Oil and Gas Operations, Unlocking $60M in Synergies Woodside Energy announced on Tuesday that it will assume operatorship of the Bass Strait oil and gas assets from ExxonMobil, a move expected to generate approximately $60 million in synergies. The Bass Strait portfolio includes the Gippsland Basin and Kipper Unit joint ventures. Both Woodside and ExxonMobil each hold a 50% stake in the Gippsland Basin and 32.5% in the

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Local Economy News

SPACIUM Incubator Launches to Empower Angola’s Youth Entrepreneurs

Angola Launches SPACIUM Incubator to Support 150 Young Entrepreneurs Under SonaJovem 5.0 Program In a strategic move to empower young innovators, Angola’s Minister of Mineral Resources, Oil and Gas, Diamantino Azevedo, officially inaugurated the SPACIUM incubator this Monday at the ISPTEC Campus. This state-of-the-art facility is designed to support young entrepreneurs by helping them transform promising ideas into sustainable businesses. The launch ceremony was attended by key government figures, including the Secretary of State for

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Corporate News Local Oil

Etu Energias to Launch Major Lubricants Plant in Luanda by 2026

Etu Energias to Build $24,000-Ton Lubricants Plant in Luanda, Creating Jobs and Reducing Imports by 2026 Etu Energias has announced the construction of a new lubricants manufacturing facility in Luanda, Angola. With a planned annual production capacity of 24,000 metric tons, the plant is expected to be completed within the first quarter of 2026. The facility aims to meet growing domestic demand, reduce dependence on imports, and create new employment opportunities. The future factory will

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Corporate News Local Renewable Energy

Masdar to Invest $2 Billion in Solar Energy Projects Across Angola

UAE’s Masdar to Build Solar Power Plants in Angola, Investing $2 Billion to Electrify 250,000+ Homes by 2027 Masdar, a leading renewable energy company based in the United Arab Emirates (UAE), is set to begin construction of photovoltaic power plants in Angola’s Huila and Namibe provinces next year. The initiative is part of a $2 billion investment to generate two gigawatts of clean energy in the country, according to a government statement obtained by VerAngola.

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International Corporate News Oil

TotalEnergies Holds Off on Venus Oil Project Pending Agreement with Namibian Govt

TotalEnergies Delays Final Decision on Namibia’s Venus Oil Discovery Amid Government Talks TotalEnergies has confirmed it will not proceed with the development of its multi-billion-dollar Venus oil discovery in Namibia’s Orange Basin until a formal agreement is reached with the Namibian government. During the company’s second-quarter earnings call, TotalEnergies CEO Patrick Pouyanné emphasized the need for alignment and mutual understanding before committing to a final investment decision (FID). “You’re dealing with a country that is

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Corporate News Gas International Oil

TSE Oil and Gas Prepares for Offshore Exploration in Namibia’s Walvis Basin

TSE Oil to Launch €80 Million Exploration Programme in Namibia’s Walvis Basin Block 2312 Namibian energy firm TSE Oil and Gas has announced its readiness to begin exploration activities in Block 2312 of the Walvis Basin, supported by a comprehensive €80 million (N$1.6 billion) programme. The initiative includes seismic surveys and the drilling of two offshore wells. TSE Oil CEO Thomas Shindi stated that the company submitted its application for a Petroleum Exploration Licence (PEL)

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International Gas Oil

PETROFUND Invests Over N$115 Million in Building Namibia’s Oil and Gas Talent Pipeline

PETROFUND Commits N$115 Million to Train Namibians for Careers in Upstream Oil and Gas Sector The Petroleum Training and Education Fund (PETROFUND) has invested more than N$115 million to develop skilled Namibian professionals for the country’s growing upstream oil and gas industry. Speaking at the 2nd Youth in Oil and Gas Summit, PETROFUND Chief Executive Officer Nillian Mulemi highlighted the impact of the fund’s flagship scholarship programme, which has already benefited 438 Namibians. The scholarship

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International News Oil

Namibia Targets 150 Million Barrels of Oil by 2030 Under New National Plan

Namibia Aims for 150 Million Barrels of Oil by 2030 in Ambitious Energy Strategy Unveiled in NDP6 Namibia has announced bold ambitions to produce 150 million barrels of oil by 2030, as outlined in the newly launched Sixth National Development Plan (NDP6). The plan, unveiled on Monday by President Netumbo Nandi-Ndaitwah, sets forth strategic targets across key sectors, with energy development at the forefront. The production target follows a wave of major offshore oil discoveries

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Corporate News International Oil

Shell Reaffirms Commitment to Namibia’s Oil Exploration Efforts in High-Level Meeting

Shell Strengthens Investment Ties with Namibia Amid Growing Offshore Oil Discoveries A high-level delegation from global energy giant Shell, led by Eugene Okpere—Shell’s Executive Vice President for Exploration Strategy, Portfolio, Integrated Gas, and Upstream—met with Namibian President Netumbo Nandi-Ndaitwah to discuss the company’s ongoing operations and future plans in the country’s oil exploration sector. During the meeting, President Nandi-Ndaitwah expressed her appreciation for Shell’s continued investment in Namibia and reaffirmed the government’s commitment to supporting

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