Angolan Mining Oil & Gas - Page 95 of 389 - Top Angolan News for Oil, Gas and Mining Industries

2024 Marks a Turning Point in the Global Energy Transition

6, April, 20256, April, 2025

The global energy transition hit a symbolic milestone in 2024. According to the latest report from the International Renewable Energy Agency (IRENA), global renewable energy capacity reached 4,448 gigawatts (GW)—a record increase of 585 GW, or 15.1%. Solar and wind power were the primary drivers of this growth, accounting for 96.6% of new installations. Solar photovoltaic (PV) capacity surged by 452 GW (+32.2%), while wind power added 113 GW. This rapid expansion is gradually eclipsing

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Transport and Logistics Local News

Angola Launches Port Terminal Tenders to Boost Maritime Trade and Connectivity

5, April, 20255, April, 2025

The Angolan government has opened tenders for the concession of maritime passenger and cargo terminals at the ports of Cabinda and Soyo, in a strategic move to enhance regional logistics and stimulate economic growth. The 20-year concession contracts will cover the management, operation, and maintenance of the two terminals, with the goal of strengthening coastal shipping (cabotage), improving transport efficiency, and creating employment opportunities. Positioned as vital gateways for maritime and river trade in northern

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Local Gas News

Angola Accelerates Gas-to-Power Initiatives to Strengthen Energy Security and Domestic Capacity

2, April, 20252, April, 2025

Angola is intensifying its efforts to integrate natural gas into its energy mix, targeting a 25% share to reduce reliance on diesel and improve energy security. While significant developments in the gas sector are expanding domestic supply, challenges such as infrastructure gaps, regulatory hurdles, and investment constraints need to be addressed for the country to fully realize its gas-to-power potential. A key part of Angola’s gas-to-power initiative is the expansion of gas-fired power generation, including

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Local Economy News Oil

Angola’s Oil Prices Hold Steady Amid Global Market Fluctuations and Economic Concerns

2, April, 20252, April, 2025

Luanda – On Monday, Brent crude oil opened trading at USD 72.87 per barrel on the international market, marking a 0.5% decline compared to the previous session on Sunday. Crude oil futures for delivery in April closed on Sunday at USD 72.86 per barrel, with a minimum price of USD 72.72 and a maximum of USD 72.96, according to the specialized website “investing.com.” Last week, oil prices experienced a dip due to concerns that ongoing

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Transport and Logistics Local News

U.S. Reaffirms Commitment to Lobito Corridor Investments

2, April, 20252, April, 2025

The United States has reaffirmed its commitment to continuing investments along the Lobito Corridor, confirmed the U.S. Chargé d’Affaires in Angola and São Tomé and Príncipe during his visit to Huambo on Tuesday. James Story, after meeting with Governor Pereira Alfredo, stated that his three-day visit to the Lobito Corridor projects is part of an initiative that includes 16 ambassadors from various countries. This visit aims to demonstrate the U.S. government’s commitment to supporting the

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Local Expos & Events

Angola Prepares for the 2025 U.S.-Africa Summit

2, April, 20252, April, 2025

Angolan authorities are meeting today to discuss preparations for the United States-Africa Summit 2025. The objective is to strengthen collaboration among stakeholders and establish guidelines for the event, which will be held in Angola. The Angolan Agency for Investment and Export Promotion (APIEX) is leading the initiative, bringing together over 120 key figures, including government officials, CEOs, and representatives from various NGOs, at a hotel in the nation’s capital. The program will begin at 4

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Gold International News

MetalsGrove Expands into Ivory Coast with Acquisition of Gold Permits

2, April, 20252, April, 2025

Australian mining company MetalsGrove has signed a Binding Term Sheet to acquire three gold exploration permits in Ivory Coast, marking its official entry into the country. The acquisition includes the Vavoua, Vavoua West, and Kounahiri West prospects. Under the agreement, MetalsGrove will secure an 80% stake in Vavoua and 90% stakes in Vavoua West and Kounahiri West. The permits cover a 950 km² area along the same geological trend as the 3.8-million-ounce Abujar Gold Mine,

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International Gas News

ONGC Videsh Commits ₹1,500 Crore to Revive Mozambique LNG Project

2, April, 20252, April, 2025

ONGC Videsh Ltd. (OVL), the international arm of India’s national oil company, has approved a ₹1,500 crore investment to accelerate the development of its joint venture in Mozambique’s offshore gas reserves. The funding will support the Mozambique Area 1 LNG project, a $20 billion initiative in which OVL holds a 10% stake. Despite previous delays due to security concerns, the project is set to move forward as TotalEnergies, the project operator, is expected to lift

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Renewable Energy International News

Cassava Technologies and Microsoft Launch Renewable Energy Training in South Africa

2, April, 20252, April, 2025

Pan-African technology company Cassava Technologies has partnered with Microsoft to launch a renewable energy training initiative in South Africa, aimed at equipping local communities with the skills needed to advance renewable energy solutions and support the country’s energy transition. As part of the initiative, training hubs will be established in Cape Town and Johannesburg, offering programs focused on renewable energy development, energy efficiency, and microgrids. The initiative will prioritize women and youth, helping them develop

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International Energy News

Botswana Seeks Relief as Power Crisis Deepens

2, April, 20252, April, 2025

Botswana government officials are set to meet with South Africa’s electricity ministry this week to address soaring power import costs, which have more than doubled, exacerbating the country’s ongoing energy crisis. Frequent breakdowns at Botswana’s 600 MW Morupule B power plant have led to blackouts lasting up to four hours. To cover the shortfall, Eskom Holdings SOC Ltd., South Africa’s state-owned power company, has been supplying electricity. However, Botswana’s Energy Minister, Bogolo Kenewendo, informed lawmakers

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