Dangote’s US$2.5 Billion Namibia Fuel Project Targets Southern African Markets 1 Oil & Gas Mining in Zambia Petroleum 

Dangote’s US$2.5 Billion Namibia Fuel Project Targets Southern African Markets

Dangote’s US$2.5bn Namibia Fuel Project Could Boost Zambia’s Supply Dangote Group has launched a planned US$2.5 billion fuel storage and regional pipeline project in Namibia, with Zambia among the markets expected to benefit from an expanded petroleum distribution network. The development, unveiled at Walvis Bay on 4 November, aims to strengthen fuel storage capacity and improve connections between the Atlantic port and inland Southern African markets. For Zambia, the proposed network could provide an additional fuel supply option. However, the extent of those benefits will depend on the final infrastructure… Read More Here
Angola Leverages Oil Windfall to Accelerate Economic Diversification 2 International Investment News Oil & Gas 

Angola Leverages Oil Windfall to Accelerate Economic Diversification

Angola Targets $2 Billion in Mining Investment as Oil Revenues Fuel Diversification Drive Angola is using stronger oil revenues to accelerate an ambitious economic diversification strategy aimed at reducing its dependence on crude exports and creating new growth engines across mining, agriculture, infrastructure, tourism, and manufacturing. Despite crude oil accounting for roughly 90% of the country’s export earnings, the government is channelling increased petroleum revenues into structural reforms and investment initiatives designed to expand the non-oil economy and attract foreign capital. A central pillar of the strategy is the mining… Read More Here
Angola Ranks Among World’s Cheapest Fuel Markets as Gasoline Prices Remain Low 3 International Oil & Gas Petroleum 

Angola Ranks Among World’s Cheapest Fuel Markets as Gasoline Prices Remain Low

Angola Places Second in Africa and Fourth Globally for Lowest Gasoline Prices, GlobalPetrolPrices Data Shows Angola has secured a place among the countries with the lowest gasoline prices in both Africa and the world, reinforcing its position as one of the continent’s most affordable fuel markets. According to October data compiled by GlobalPetrolPrices, Angola ranks second in Africa and fourth globally for the lowest gasoline prices. The country’s gasoline price remains fixed at US$0.327 per litre, placing it behind only Libya, which tops both the African and global rankings. In… Read More Here
Angola’s President Lourenço Invites Namibia to Invest in Lobito Refinery 4 International Oil & Gas 

Angola’s President Lourenço Invites Namibia to Invest in Lobito Refinery

Angola Invites Namibia to Invest in 200,000 bpd Lobito Refinery Project Angola has invited Namibia to acquire a stake in the Lobito refinery, a major downstream energy project under construction in Benguela Province that is designed to process 200,000 barrels of crude oil per day. Angolan President João Lourenço announced the invitation on 19 October 2026 during a state visit to Luanda by Namibian President Netumbo Nandi-Ndaitwah. The proposal forms part of efforts to deepen bilateral energy cooperation and attract regional investment into Angola’s refining sector. Lourenço said the refinery… Read More Here
Zambia and Mozambique Strengthen Cooperation to Curb Fuel Measurement Discrepancies Along Beira Corridor 5 Mining in Zambia Oil & Gas Petroleum 

Zambia and Mozambique Strengthen Cooperation to Curb Fuel Measurement Discrepancies Along Beira Corridor

Zambia, Mozambique Sign MoU to Address Fuel Losses and Improve Trade Along Beira Corridor Zambia and Mozambique have strengthened technical cooperation to address petroleum measurement discrepancies and unaccounted-for fuel losses along the Beira Corridor, in a move aimed at improving accountability, reducing commercial disputes and lowering costs for businesses using the strategic trade route. The cooperation follows the signing of a memorandum of understanding (MoU) between Mozambique’s National Institute of Standardisation and Quality (INNOQ) and three Zambian quality infrastructure institutions: the Zambia Bureau of Standards (ZABS), the Zambia Compulsory Standards… Read More Here
DRC Seeks to Restart Lake Albert Oil Exploration 6 Mining in DRC Energy Oil & Gas 

DRC Seeks to Restart Lake Albert Oil Exploration

DRC Moves to Revive Oil Exploration Around Lake Albert as Tshisekedi Eyes New Energy Opportunities The Democratic Republic of Congo is stepping up efforts to revive oil exploration in the strategically important Lake Albert basin, as President Félix Tshisekedi seeks to unlock the country’s untapped hydrocarbon potential and strengthen its position in the regional energy sector. The renewed focus comes after years of limited progress on oil exploration in the Congolese section of the Albertine Graben, particularly in Blocks 1 and 2, which remain largely undeveloped despite their geological proximity… Read More Here
felix tshisekedi Gecamines 111 Mining in DRC Oil & Gas Petroleum 

Tshisekedi Orders Full Review of DRC’s Oil and Gas Assets

DRC Orders Comprehensive Review of Oil and Gas Assets as Kinshasa Advances Cooperation with Uganda and Angola President Félix Tshisekedi has directed the Democratic Republic of Congo (DRC) government to conduct a comprehensive review of the country’s oil and gas sector as Kinshasa seeks to unlock its hydrocarbon potential and accelerate new development projects. The review, assigned to State Minister for Hydrocarbons Acacia Bandubola Mbongo, will cover the country’s oil and gas reserves, existing assets, exploration and production licences, ongoing projects, partnerships and the constraints affecting exploration, production and processing.… Read More Here
Zambia Approves New Pipelines to Strengthen Fuel Supply Security 7 Mining in Zambia Oil & Gas Petroleum 

Zambia Approves New Pipelines to Strengthen Fuel Supply Security

Zambia Approves Tanzania and Namibia Fuel Pipelines to Strengthen Energy Security Zambia’s Cabinet has approved two major regional pipeline projects aimed at diversifying the country’s fuel supply routes, improving energy security and meeting growing petroleum demand. The projects are the Tanzania-Zambia Multi-Products Pipeline (TZMPP) and the Namibia-Zambia Refined Petroleum and Natural Gas Pipeline (NZPGP). The government has also approved a shareholding structure for the new Tanzania-Zambia pipeline. The projects are intended to reduce Zambia’s reliance on existing fuel supply infrastructure and create additional routes for importing petroleum products. The TZMPP… Read More Here
DRC and Angola Finalise Offshore Oil Agreement with $27.8 Billion Revenue Potential for DRC 8 Mining in DRC Oil & Gas Petroleum 

DRC and Angola Finalise Offshore Oil Agreement with $27.8 Billion Revenue Potential for DRC

DRC, Angola Finalise Offshore Oil Deal with $27.8 Billion in Potential Revenue for Kinshasa The Democratic Republic of Congo (DRC) and Angola have finalised an agreement governing the joint development and exploitation of offshore oil resources, marking a major step in efforts to unlock the country’s petroleum potential. The agreement is expected to generate up to $27.8 billion in potential revenue for the DRC, strengthening the economic significance of its offshore petroleum assets. The deal was formalised following negotiations between the two countries and provides a framework for the development… Read More Here
DRC Certifies $146.7 Million in Petroleum Sector Losses for Q2 2026 9 Oil & Gas Mining in DRC Petroleum 

DRC Certifies $146.7 Million in Petroleum Sector Losses for Q2 2026

DRC Certifies $146.7 Million in Petroleum Losses and Revenue Shortfalls in Q2 2026 The Democratic Republic of Congo (DRC) has certified $146.72 million in losses and revenue shortfalls incurred by petroleum companies during the second quarter of 2026, highlighting the growing financial pressure on the country’s fuel supply sector. The certification, conducted on August 13 and 14, 2026, covered petroleum operations across the DRC’s four supply zones: Western, Southern, Eastern and Northern. The total certified amount stands at $146,723,912.42. Western and Northern zones lead The Western and Northern zones accounted… Read More Here

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