Angolan Mining Oil & Gas - Page 7 of 399 - Top Angolan News for Oil, Gas and Mining Industries

Corporate News Local Oil

Oando Joins Angola’s Block KON 13 as Operator with 45% Stake

28, March, 202628, March, 2026

Nigerian Oil Firm Oando Becomes Operator of Angola’s Block KON 13 Amid Strong Exploration Potential Angola’s National Agency for Petroleum, Gas, and Biofuels (ANPG) announced that Nigerian junior oil company Oando has joined the Contractor Group of Block KON 13 as operator, holding a 45% participating interest. Other partners in the block include Effimax Energy Serviços, Lda with 30%, Sonangol Exploração & Produção with 15%, and Walcot Ltd with 10%. Block KON 13 is located

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Corporate News International Oil

Dangote Warns Middle East Tensions Could Trigger Inflation Surge Across Africa

28, March, 202628, March, 2026

Aliko Dangote Says Rising Oil Prices from Middle East Conflict Risk Inflation, Debt Pressure, and Slower Growth in Africa Africa’s richest businessman, Aliko Dangote, has warned that escalating tensions in the Middle East could trigger a new wave of inflation and economic strain across African economies, as rising oil prices ripple through countries already burdened by high debt levels and fragile currencies. Speaking after a Sallah visit to Nigerian President Bola Tinubu in Lagos, Dangote

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Gold International News

High Gold Prices Drive Shift Toward Surface Mining in South Africa

28, March, 202628, March, 2026

Record Gold Prices Push South African Miners to Focus on Shallow Projects as Production Stagnates Record-high gold prices are prompting South Africa’s struggling mining sector to explore new methods of recovering the metal that avoid the high costs and operational risks associated with traditional deep-level mining, industry executives say. However, with limited investment in new mine development, the sector is unlikely to significantly increase output in the near term. This continues a long-term decline for

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Corporate News International Oil

Chevron Warns Middle East Oil Supply Recovery Will Take Time Amid Regional Conflict

28, March, 202628, March, 2026

Chevron CEO Says Strait of Hormuz Disruptions and Iran Conflict Could Prolong Global Oil Market Tightness The Chief Executive Officer of Chevron, Mike Wirth, said he remains uncertain about how quickly oil production in the Middle East will recover following supply disruptions linked to the ongoing conflict involving the United States, Israel, and Iran. Speaking on Monday at the annual CERAWeek conference in Houston, Wirth warned that restoring shut-in production capacity will be a gradual

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International Gold News

Mozambique Gold Output Declines After Mining Suspension in Manica

28, March, 202628, March, 2026

Mozambique Gold Production Falls 17% in 2025 as Government Halts Mining in Manica Over Environmental Damage Mozambique’s gold production declined by 17% to 1.349 tonnes in 2025, falling short of official targets after mining operations in Manica Province were suspended due to environmental concerns, according to government data. Figures contained in the government’s budget execution report for 2025 show that gold production reached only 82% of the planned target, interrupting a pattern of steady annual

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International Gas News

Mozambique Positions Itself as Regional Gas Supplier, Eyes Exports to Kenya

28, March, 202628, March, 2026

President Daniel Chapo Says Mozambique Ready to Export Natural Gas to Kenya and Become Top Global LNG Producer The President of Mozambique, Daniel Chapo, said on Thursday that the country is emerging as a strategic alternative supplier of natural gas to global markets, particularly within Africa, and signaled openness to exporting gas to Kenya through Mozambique’s port infrastructure. “Gas can be exported from Mozambique to Kenya and benefit our brother country and the Kenyan people.

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International Gas News

Mozambique’s Natural Gas Exports Strengthen Lead as Top Revenue Source in 2025

28, March, 202628, March, 2026

Mozambique Gas Exports Hit $1 Billion in H1 2025, Overtake Coal as Largest Export Mozambique’s natural gas exports generated an average of US$5.5 million per day during the first half of 2025, sustaining their growth trajectory and reinforcing their status as the country’s leading export, according to official data. Figures released this month by the Bank of Mozambique show that natural gas export revenues increased from US$900.7 million in the first half of 2024 to

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International Corporate News Mergers & Acquisitions

Nasan Energies Secures Approval to Acquire 52 Fuel Stations in Namibia

23, March, 202623, March, 2026

Nasan Energies to Become Namibia’s Third-Largest Fuel Retailer After Approval to Acquire 52 Engen and Shell Service Stations Nasan Energies (Pty) Ltd has received regulatory approval to acquire 52 Engen- and Shell-branded fuel service stations from Vivo Energy Namibia, marking a significant development in Namibia’s downstream petroleum sector. The approval was granted by the Namibia Competition Commission following a stakeholder consultation process, clearing the way for the transfer of a substantial portion of Vivo Energy’s

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Gas Local News

Sonagas Blames Mishandling for Gas Cylinder Leaks Amid Consumer Safety Concerns in Angola

23, March, 202623, March, 2026

Sonagas Replaces 500 Gas Cylinder Valves Weekly as Consumer Group Warns of Expired and Leaking Cylinders in Angola Sonagas, a subsidiary of Sonangol, stated on Wednesday that leaks in cooking gas cylinders are primarily caused by improper handling during transportation, rather than manufacturing defects or filling processes. The company disclosed that it replaces more than 500 gas cylinder check valves each week as part of routine safety and quality control measures. According to Pedro de

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Diamonds Corporate News International

Sotheby’s to Auction Rare 28.88-Carat Jwaneng Diamond from Botswana

23, March, 202623, March, 2026

Sotheby’s to Offer 28.88-Carat Internally Flawless Diamond from Botswana’s Jwaneng Mine with $2.8 Million Estimate Sotheby’s is set to auction a rare 28.88-carat diamond sourced from De Beers’ flagship Jwaneng Mine in Botswana, with the gemstone expected to achieve up to $2.8 million at sale. The stone, named the Jwaneng 28.88, is a round brilliant diamond graded D color the highest classification for colorless diamonds and internally flawless, placing it among the rarest categories of

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