Angolan Mining Oil & Gas - Page 8 of 399 - Top Angolan News for Oil, Gas and Mining Industries

Gem Diamonds Swings to Loss Amid Weak Diamond Market and Letšeng Impairment

18, March, 202618, March, 2026

Gem Diamonds Reports $104M Loss as Letšeng Diamond Mine Impairment and Weak Diamond Prices Hit Earnings London-listed Gem Diamonds reported a sharp decline in financial performance for the year ended December 31, 2025, as continued weakness in the global diamond market weighed on earnings. The company posted a loss of $9.1 million before exceptional items, compared with a profit of $8.1 million in 2024. After accounting for exceptional items, the attributable loss widened significantly to

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Corporate News Diamonds International

Lucara Unearths High-Quality Blue Diamond at Karowe Mine

18, March, 202618, March, 2026

Lucara Recovers Rare 36.92-Carat Blue Diamond from Karowe Mine in Botswana Lucara Diamond Corp has announced the recovery of a rare 36.92-carat blue diamond from its wholly owned Karowe Mine in Botswana. The stone has been classified as a high-quality Type IIb blue diamond among the rarest categories of diamonds globally. It was recovered using X-ray transmission (XRT) technology from ore sourced from the mine’s surface stockpiles. In addition to the blue diamond, Lucara Diamond

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International Gas News

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

17, March, 202617, March, 2026

Africa Expands LNG Exports to Europe as Demand Rises Amid Energy Supply Uncertainty Africa is increasingly emerging as a strategic supplier of liquefied natural gas (LNG) to Europe, as shifting global energy dynamics driven by instability in the Middle East and ongoing uncertainty surrounding Russian gas supplies reshape international markets. Energy ministers from Senegal, Equatorial Guinea, Nigeria, and the Republic of the Congo are expected to meet European stakeholders in Paris next month during the

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Corporate News International Oil Petroleum

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

17, March, 202617, March, 2026

Nigeria Cuts Petrol Imports as Dangote Refinery Meets 92% of Fuel Demand Nigeria recorded a sharp decline in petrol imports in February as the Dangote Refinery significantly boosted domestic fuel supply, meeting approximately 92% of the country’s demand. According to an official factsheet on Nigeria’s midstream and downstream petroleum operations, total petrol supply dropped from 64.9 million litres per day in January to 39.6 million litres per day in February. The decline reflects reduced reliance

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Corporate News Gold International

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

17, March, 202617, March, 2026

Ghana’s Damang Mine Set for Local Takeover as Engineers and Planners Prepares Operations Ghana’s mining sector is undergoing a landmark shift as Engineers and Planners Company Limited (E&P) prepares to assume operational control of the Damang Mine in the Western Region. The transition follows the exit of South African miner Gold Fields Limited, which has operated the mine for nearly three decades. The handover comes after the expiry of Gold Fields’ mining lease, with the

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Corporate News International Mining Personality

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

17, March, 202617, March, 2026

Chevron Names Emmanuelle Garinet Director of Exploration for the Americas and Africa Energy supermajor Chevron has appointed Emmanuelle Garinet as Director of Exploration for the Americas and Sub-Saharan Africa, placing one of the industry’s most experienced geophysicists in charge of discovery efforts across two major hydrocarbon regions. The African Energy Chamber (AEC) welcomed the appointment, noting that Garinet’s decades of African exploration experience could attract new investment, accelerate geological understanding, and strengthen collaboration between operators

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Corporate News Local Oil

Angola’s Cabinda Refinery Nears Production Start Following Ministerial Inspection

17, March, 202617, March, 2026

Cabinda Refinery Prepares for Petroleum Production After Ministry Inspection A delegation from the Ministry of Mineral Resources, Petroleum and Gas conducted an inspection in the province of Cabinda on Monday, evaluating the commissioning of equipment at the local refinery ahead of the imminent start of petroleum derivatives production. The delegation was led by Secretary of State for Petroleum and Gas José Alexandre Barroso, who met with Cabinda’s provincial governor, Suzana de Abreu, during the visit.

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Local Economy Gas News

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

17, March, 202617, March, 2026

Angola Launches Gas Exports from Quiluma Field, Boosting Energy Diversification The National Agency of Petroleum, Natural Gas and Biofuels (ANPG) announced on Monday the start of gas supply from the Quiluma field, operated by the Novo Consórcio de Gás (NCG). Initial exports reached 150 million cubic feet per day, with projections to climb to 314 million cubic feet per day by the end of the year. Operations officially began last Friday, according to ANPG and

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Corporate News Local Mining Projects

Angola Leads African Rare Earth Surge with $165 Million Investment in Longonjo Project

17, March, 202617, March, 2026

Angola Secures $165M Investment for Longonjo Rare Earth Project, Boosting Africa’s Strategic Supply Chain Mining company Pensana has secured a $165 million strategic equity investment from rare earth-focused investment platform Cascade Natural Resources to accelerate its Longonjo rare earth project in Angola. This funding unlocks a complementary $160 million debt package supported by the U.S. Export-Import Bank (EXIM), positioning the project on track for its 2027 production target and enabling a broader capital plan exceeding

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Economy International News

Burkina Faso Mining Development Fund Raises CFA85.7 Billion in 2025

16, March, 202616, March, 2026

Burkina Faso Collects $152 Million from Mining Development Fund in 2025 to Support Local Development Burkina Faso collected CFA85.72 billion (about $152 million) through its Mining Development Fund (FMD) in 2025, underscoring the country’s growing role in Africa’s mineral resources sector. Established in 2020, the fund channels revenue from mining activities into local development projects and national strategic initiatives, aiming to ensure that the country’s mineral wealth generates broader economic and social benefits. The results

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