Egypt to Launch New Gas Exploration Licensing Round in August

Egypt to Offer Offshore and Onshore Gas Exploration Blocks to International Firms in August Egypt is set to allocate a new round of gas exploration blocks to international energy companies in August, as part of its ongoing strategy to boost natural gas production and attract foreign investment into the country’s energy sector. The upcoming concessions include large onshore and offshore areas, primarily located in the northern and northeastern regions, with significant portions situated in the

Loading

Read More Here

Backbone Infrastructure to Build $15B Oil Refinery and Free Trade Zone in Ondo State

Backbone Infrastructure Nigeria Limited (BINL) has announced plans to develop a $15 billion crude oil refinery and launch a free trade zone in Ondo State, in partnership with the state government. T he project aims to drive economic growth, reduce Nigeria’s trade deficit, and enhance the country’s refining capacity. BINL confirmed it will construct and operate a 500,000-barrel-per-day refinery within the Sunshine Industrial Park and Free Trade Zone, located in Ilaje Local Government Area. The

Loading

Read More Here

Dangote Refinery Expands into Namibia with 1.6M-Barrel Fuel Storage to Supply Southern Africa

Dangote Refinery to Build Major Fuel Storage Facility in Namibia to Boost Southern Africa Distribution Dangote Petroleum Refinery is set to build a large-scale fuel storage facility in Namibia with the capacity to hold over 1.6 million barrels of gasoline and diesel, according to two sources cited by Reuters. The project marks a significant step in the company’s strategy to expand its fuel distribution network across Southern Africa and reshape regional energy trade. The planned

Loading

Read More Here

OPEC Must Lead the Charge to Reverse Global Fossil Fuel Financing Bans

The African Energy Chamber (AEC), the voice of the African energy sector, urges OPEC member states and their allies to take decisive action to reverse global bans on fossil fuel financing and champion Africa’s right to develop its oil and gas resources. As the 9th OPEC International Seminar convened on Tuesday in Vienna, the Chamber reiterated that it is time to urgently put upstream financing back on the table and push back against policies that

Loading

Read More Here

Kosmos Energy Begins LNG Exports from Mauritania-Senegal GTA Project as Output Hits 2.4M Tonnes

Kosmos Energy Launches Commercial Operations at Greater Tortue Ahmeyim LNG Project Kosmos Energy has officially commenced commercial operations at the Greater Tortue Ahmeyim (GTA) liquefied natural gas (LNG) project, located offshore Mauritania and Senegal, marking a major milestone for West Africa’s energy sector. According to a statement from Kosmos—listed on both the NYSE and LSE—the project’s floating LNG production unit, Gimi, has reached its Commercial Operations Date under a 20-year Lease and Operate Agreement. The

Loading

Read More Here

Mali Military Airlifts $107M in Gold from Barrick’s Loulo-Gounkoto Mine to Fund Operations

A Malian military helicopter transported gold from Barrick Gold’s (NYSE: GOLD) Loulo-Gounkoto mining complex on Thursday, according to a report by Reuters. The airlift follows a court-appointed administrator’s decision to sell the site’s bullion to help finance ongoing operations. According to the report, the helicopter landed at the mine’s tree-lined airstrip and was met by the site’s security team. The personnel were then escorted to the plant’s gold room, where the bullion was loaded. The

Loading

Read More Here

Global Oil Giants Compete in Libya’s Revived Energy Bid Round

Top international oil companies, including ExxonMobil, Chevron, TotalEnergies, and Eni, are actively competing in Libya’s newly reopened oil and gas licensing round, according to Masoud Suleman, Chairman of the National Oil Corporation (NOC). This marks Libya’s first major bid round since the country descended into civil conflict following the fall of Muammar Gaddafi in 2011. The renewed offering has attracted strong interest from a wide array of global energy firms, signaling a potential turning point

Loading

Read More Here

TotalEnergies Moves to Restart Major Gas Project in Northern Mozambique

TotalEnergies SE is taking significant steps to restart its long-stalled natural gas project in northern Mozambique, following years of delay due to a violent insurgency in the region. The French energy giant has issued formal notifications to contractors, instructing them to begin site preparations. Companies involved in the project have started mobilizing personnel and equipment, signaling a gradual return to full operations. Among those notified is Portuguese construction firm Mota-Engil, which, in partnership with Belgian

Loading

Read More Here

GameChange Solar Expands Role in Egypt’s Largest Solar-Plus-Storage Project

GameChange Solar has signed a major agreement with CEEC-ZTPC to supply its Genius Tracker™ 1P Single Row system for Phase II of Egypt’s Abydos Solar PV Plant, further strengthening its footprint in Africa’s renewable energy sector. The project, spearheaded by AMEA Power with CEEC-ZTPC handling construction, will feature a 1 GWac solar photovoltaic plant integrated with a 600 MWh battery energy storage system (BESS). Once completed, it will be one of the largest solar-plus-storage developments

Loading

Read More Here

BP and Shell Sign New Exploration Deals Amid Recovery Efforts

Libya’s National Oil Corporation (NOC) has announced that energy giants BP and Shell have signed new agreements to evaluate hydrocarbon exploration and development opportunities across three key Libyan oilfields. The move signals a cautious but significant return of major foreign investment in Libya’s oil sector, which has faced years of instability and production disruptions due to armed conflicts and political rivalries over oil revenues. As a result, frequent shutdowns have plagued the operations of Africa’s

Loading

Read More Here

1 65 66 67 68 69 389

You have successfully subscribed to the AMG Weekly newsletter

There was an error while trying to send your request. Please try again.

Angolan Mining Oil & Gas will use the information you provide on this form to be in touch with you and to provide updates and marketing.