Angolan Mining Oil & Gas - Page 8 of 389 - Top Angolan News for Oil, Gas and Mining Industries

International Economy Gold

Tanzania to Monetise Part of Gold Reserves to Fund Infrastructure

29, January, 202629, January, 2026

Tanzania Plans Partial Sale of Gold Reserves as Foreign Aid Declines in 2026 Tanzania is planning to sell a portion of its gold reserves to finance priority infrastructure projects, as international development assistance continues to decline. The announcement was made on Monday, January 26, 2026, in London by the Minister of State for Planning and Investment, Kitila Mkumbo, following instructions from President Samia Suluhu Hassan to the Bank of Tanzania. “Governments are no longer willing

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International Economy Oil

DRC Oil Tax Reform Delivers Sharp Revenue Gains and Strengthens Public Finances

29, January, 202629, January, 2026

DRC Oil Tax Reform Boosts Petroleum Revenues by Over 1,700%, Easing Pressure on Public Finances The Democratic Republic of Congo’s reform of oil-related tax expenditures is beginning to deliver measurable benefits for public finances, with official data showing petroleum revenues rising by more than 1,700% following the introduction of coordinated fiscal and regulatory measures. The reform was launched against a backdrop of rapidly rising oil tax expenditures, which reached US$1.6 billion in 2022 before easing

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International News Oil

Awodi-07 Discovery Boosts Nigeria’s Oil Sector Amid Refinery Expansion

29, January, 202629, January, 2026

Nigeria Confirms Awodi-07 Oil Discovery as Dangote Refinery Strengthens Domestic Energy Supply Nigeria’s oil sector has received a fresh boost following the Nigerian National Petroleum Company (NNPC) Limited’s confirmation of a new discovery at the Awodi-07 appraisal and exploration well in the western Niger Delta. The well, drilled by Chevron Nigeria Limited (CNL) under its joint venture with NNPC Ltd, is located in shallow offshore acreage and has confirmed hydrocarbons across multiple reservoir zones, reinforcing

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International Gas Transport and Logistics

Morocco to Launch Nador West Med Port as Second Major Mediterranean Deepwater Hub

29, January, 202629, January, 2026

Morocco Set to Open Nador West Med Port in Q4, Expanding Mediterranean Trade and Energy Capacity Morocco is preparing to bring its second Mediterranean deepwater port, Nador West Med, into operation in the fourth quarter of this year, marking a major step in expanding the country’s maritime and logistics capacity. The new port is designed to build on the global success of Tanger Med, which is currently the largest port in both the Mediterranean region

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Local Corporate News Energy Oil

Afreximbank Secures US$1.75bn Syndicated Facility to Support Sonangol and Angola’s Oil Exports

29, January, 202629, January, 2026

Afreximbank Secures US$1.75bn Syndicated Facility to Support Sonangol and Angola’s Oil Exports The African Export-Import Bank (Afreximbank) has successfully closed a US$1.75 billion syndicated receivables purchase facility for Sonangol, Angola’s national oil company, in a transaction expected to significantly strengthen the country’s energy sector and export capacity. The facility, arranged in collaboration with other mandated lead arrangers, will support Sonangol’s operating and capital expenditure requirements. It also advances Afreximbank’s mandate to promote African-led financing solutions

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International News Renewable Energy

Zambia Secures MoU with Chinese Companies for Up to 1,000MW of Solar Power Investment

29, January, 202629, January, 2026

Zambia Signs Major Renewable Energy MoU with Chinese Firms to Develop Large-Scale Solar Projects The Government of the Republic of Zambia has signed a landmark Memorandum of Understanding (MoU) with China Pingmei Shenma Holding Group Company Limited and LONGi Green Energy Technology Company Limited to develop large-scale renewable energy projects, with a primary focus on solar power generation. The agreement was signed at State House and witnessed by President Hakainde Hichilema. It was executed on

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International Gold Mining Projects

Power Metal Resources Advances Tati Gold Project with Key Approvals and Next-Phase Preparations

29, January, 202629, January, 2026

Power Metal Resources Secures Environmental Approval and Prepares for Drilling at Tati Gold Project in Botswana AIM-listed Power Metal Resources, together with its option partner Tuscan Holding and its in-country operations team, has completed critical preparatory work for the next phase of activity at the company’s 100%-owned Tati Gold Project. The project is located on the highly prospective Tati Greenstone Belt near Francistown, Botswana. The progress follows the share option agreement entered into with Tuscan

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Local Gas News

Angola Moves to Rebalance Gas Strategy Beyond Oil-Linked Supply

28, January, 202628, January, 2026

Angola Accelerates Non-Associated Gas Development to Boost LNG Exports and Domestic Energy Demand Angola is accelerating a strategic shift in its gas sector, moving beyond reliance on associated gas reinjection toward non-associated gas development, LNG optimization, expanded midstream infrastructure, and rising domestic demand. The transition marks a critical inflection point in the country’s long-term energy strategy as declining oil output heightens the need to maximize gas monetization. For much of its post-independence history, Angola treated

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Local News Transport and Logistics

Angola Launches Luena–Saurimo Railway Branch to Strengthen Eastern Connectivity

27, January, 202627, January, 2026

Angola Begins Construction of Luena–Saurimo Railway Linking Moxico and Lunda-Sul Angola’s Ministry of Transport has officially launched construction of the Luena–Saurimo Railway Branch, marking a major milestone in the expansion and modernisation of the country’s national rail network. The ceremony included the laying of the first stone and the signing of the consignment notice for the project, which will directly connect the provinces of Moxico and Lunda-Sul. The project has been awarded to a consortium

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International News Oil

Nigeria Strengthens Oil Leadership with Awodi-07 Discovery and Dangote Refinery Boost

27, January, 202627, January, 2026

Nigeria Confirms Awodi-07 Oil Discovery as Dangote Refinery Transforms Domestic Energy Market Nigeria’s oil sector has received a significant boost following a new discovery at the Awodi-07 appraisal and exploration well in the western Niger Delta, reinforcing the country’s position as Africa’s leading oil producer. The well, drilled by Chevron Nigeria Limited (CNL) under its joint venture with NNPC Limited, is located in shallow offshore acreage and confirmed hydrocarbons across multiple reservoir zones. NNPC spokesperson

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