Angolan Mining Oil & Gas - Page 84 of 390 - Top Angolan News for Oil, Gas and Mining Industries

Angola’s Transport Minister Restructures Key Sector Bodies and Appoints New Leadership

13, May, 202513, May, 2025

Angola’s Minister of Transport, Ricardo Viegas d’Abreu, on Monday, announced a series of restructurings across central bodies and company boards, including the appointment of Amadeu Nunes as Executive Secretary of the Lobito Corridor Transit Transport Facilitation Agency (AFTTCL). This agency plays a key role in boosting trade along the Lobito Corridor and fostering cooperation among the participating countries. As part of the reshuffle, Clóvis Lara Martins Rosa was appointed Non-Executive Chairman of the Board of

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Local Economy Transport and Logistics

UK Ambassador Praises Lobito Corridor as a Catalyst for Angola’s Economic and Regional Integration

13, May, 202513, May, 2025

The United Kingdom’s Ambassador to Angola, Bharat Joshi, has described the Lobito Corridor as a key infrastructure project for Angola’s economic growth and Southern Africa’s regional integration. Speaking on Wednesday in Luanda during the Angola–UK Business Forum, the diplomat highlighted the project’s transformative potential for millions living in historically underserved regions. “After visiting Benguela three times and meeting various partners in Lobito, I came to understand the true scale of the Corridor and its potential

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Local Economy News Oil

Angola’s Oil Sector Drives Economic Growth

13, May, 202513, May, 2025

The oil sector has been one of the fastest-growing industries in Angola in recent years, making a significant contribution to the national economy, according to the Minister of Mineral Resources, Petroleum and Gas, Diamantino Azevedo. Speaking on the sidelines of the launch of the book “History of the Petroleum Sector in Angola”, Azevedo stated that oil remains one of the most developed sectors in the country and continues to be the main contributor to Angola’s

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Local News Oil

Angola–U.S. Chamber of Commerce Urges Reform of Oil Sector Foreign Exchange Law

13, May, 202513, May, 2025

The President of the Angola–United States Chamber of Commerce, Pedro Godinho, has called for an urgent revision of Angola’s current Foreign Exchange Law for the oil sector to prevent further corporate insolvency. Speaking to the press on Thursday in Luanda, following a meeting with the Vice President of the Republic, Esperança da Costa, Godinho emphasized that fiscal instability is hindering the creation of a favorable business environment for both local and foreign investment. According to

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Corporate News Diamonds Economy Local

Luele Mining Aims for 6.7 Million Carats in 2025 Amid Strong Production Performance

13, May, 202513, May, 2025

The Director General of Luele Mining Company (SML), Rômulo Mucasse, announced in Saurimo that stable performance indicators in diamond extraction, processing, and recovery could enable the company to produce 6.7 million carats during the current fiscal year. He recalled that the Luele project, inaugurated by the President of the Republic roughly a year and a half ago, has become one of the key assets in Angola’s diamond sector. Alongside Catoca Mining Company, Luele now contributes

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Local News Transport and Logistics

Lobito Corridor Investment Opportunities Presented in Huambo

13, May, 202513, May, 2025

The Ministries of Transport and Planning joined forces to host a seminar last Friday in the city of Huambo, aimed at showcasing the investment potential and opportunities along the Lobito Corridor. Held at the Manuel Rui Monteiro Cultural Center, the event focused on presenting the Railway Branch Line and Freight Terminal Project of the Caála Logistics Platform. It brought together local entrepreneurs from various sectors, including agriculture, livestock, transport, and construction. During the seminar, Adriana

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Oil

Ghana Resumes Crude Processing with First Angolan Oil Delivery to Sentuo Refinery

12, May, 202512, May, 2025

Ghana has taken a significant step toward reviving its domestic fuel production with the arrival of its first shipment of Angolan crude oil at the Sentuo Refinery, following a six-month operational pause. The cargo was delivered by the Greek-operated Suezmax tanker Nicolaos, which docked at the refinery after loading approximately 500,000 barrels of Palanca crude on April 25. According to vessel tracking data, the ship was scheduled to offload between May 3 and 5 at

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Corporate News Diamonds International

Alrosa Unearths 468-Carat Diamond, the Largest Gem-Quality Rough in Russian History

12, May, 202512, May, 2025

Alrosa has discovered a 468.30-carat fancy amber-colored diamond, the largest gem-quality rough stone ever found in Russia, surpassing the miner’s previous record of 401 carats set in 2013. The historic stone was recovered from one of Alrosa’s mines in the Yakutia region, the company announced last week. CEO Pavel Marinychev highlighted the timing of the discovery, which follows the unveiling of the “New Sun,” a fancy vivid yellow diamond over 100 carats—the largest ever manufactured

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Corporate News Diamonds International

De Beers Launches First Diamond Auction in Botswana After Relocation from Singapore

12, May, 202512, May, 2025

De Beers has held its first diamond auction in Botswana following the relocation of its sales operations from Singapore, marking a significant step in consolidating its global trading activities in Gaborone and boosting operational efficiency. The company announced the move on Friday, stating that the transfer reinforces Botswana’s status as a key player in the global diamond value chain. A small-scale pilot auction during De Beers’ third sales cycle attracted “substantial interest,” with strong customer

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International News Oil

South Sudan Restarts Oil Exports Through Sudan After Pipeline Repairs

12, May, 202512, May, 2025

South Sudan has resumed crude oil exports through Sudan’s port following the repair of a key pipeline damaged during Sudan’s ongoing civil conflict, providing a critical financial lifeline for Juba. The pipeline was shut down in April 2023 after it ruptured in White Nile State, an area controlled by the Rapid Support Forces (RSF) amid intense fighting with the Sudanese Armed Forces (SAF). The conflict displaced millions and worsened an already dire humanitarian situation. According

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