Author Archive for: Daily Energy & Mining industry news in Africa

<p><img src="https://biz-file.com/c/2509/789324-240x135.jpg?5" width="240" height="135" alt="Image credit: Reuters" align="left"><br><span >Image credit: Reuters&lt;/span><p>The <i>Financial Times</i> reported that ExxonMobil CEO Darren Woods sought assurances from Mozambique's president, Daniel Chapo, last week about security for a proposed $30bn gas terminal in the country ahead of a decision to greenlight the project. Woods raised concerns about the dangers posed by a jihadist insurgency in Mozambique’s north-eastern Cabo Delgado region, where Exxon is planning to build Africa's largest LNG facility, the report said, citing sources with knowledge of the talks.</p><br> <a href="https://www.bizcommunity.com/article/exxonmobil-seeks-security-guarantees-for-massive-mozambique-lng-project-176396a">Read more...</a> | <a href="https://www.bizcommunity.com/Request/SendToEmailRedirect.aspx?ct=1&ci=261848">Email</a></p><div style="clear:left"></div>

<p><img src="https://biz-file.com/c/2509/789018-240x135.jpg?5" width="240" height="135" alt="Image credit: on" align="left"><br><span >Image credit: <a href="https://unsplash.com/@zburival?utm_content=creditCopyText&utm_medium=referral&utm_source=unsplash">Zbynek Burival</a> on <a href="https://unsplash.com/photos/sunset-GrmwVnVSSdU?utm_content=creditCopyText&utm_medium=referral&utm_source=unsplash">Unsplash</a>&lt;/span><p>Nigeria's oil regulator has approved a $510m deal by TotalEnergies to sell its entire 12.5% interest in oil mining lease (OML) 118, which hosts the offshore Bonga oilfield, to the field's operator Shell and Agip, the agency said. The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) said TotalEnergies will transfer 10% of its interest to Shell for $408m, while Agip will pay $102m for the remaining 2.5%.</p><br> <a href="https://www.bizcommunity.com/article/totalenergies-exits-bonga-oilfield-shell-and-agip-boost-stakes-065165a">Read more...</a> | <a href="https://www.bizcommunity.com/Request/SendToEmailRedirect.aspx?ct=1&ci=261767">Email</a></p><div style="clear:left"></div>

<p><img src="https://biz-file.com/c/2509/788883-240x135.jpg?5" width="240" height="135" alt="Image credit: on Pexels" align="left"><br><span >Image credit: [[https://www.pexels.com/photo/diamond-on-white-surface-4997547/ Evie Shaffer]] on Pexels&lt;/span><p>Angola's Ministry of Mineral Resources, Petroleum and Gas indicated that the state diamond company Endiama has bid for a minority stake in Anglo American's diamond unit De Beers. De Beers is one of the world's leading diamond companies, with operations spanning across Botswana, Namibia, Angola, South Africa and Canada.</p><br> <a href="https://www.bizcommunity.com/article/the-next-diamond-power-player-angola-bids-for-stake-in-de-beers-176226a">Read more...</a> | <a href="https://www.bizcommunity.com/Request/SendToEmailRedirect.aspx?ct=1&ci=261728">Email</a></p><div style="clear:left"></div>

<p><img src="https://biz-file.com/c/2509/788463-240x135.jpg?5" width="240" height="135" alt="Image credit: Reuters" align="left"><br><span >Image credit: Reuters&lt;/span><p>The Democratic Republic of Congo's strategic minerals regulator announced that it will lift its ban on cobalt exports as of 16 October and manage global supply by imposing annual export quotas. Miners will be allowed to ship up to 18,125 tonnes of cobalt for the rest of 2025, with yearly caps of 96,600 tonnes in 2026 and 2027, the Authority for the Regulation and Control of Strategic Mineral Substances’ Markets said.</p><br> <a href="https://www.bizcommunity.com/article/congo-shakes-up-global-cobalt-supply-with-export-quotas-510970a">Read more...</a> | <a href="https://www.bizcommunity.com/Request/SendToEmailRedirect.aspx?ct=1&ci=261636">Email</a></p><div style="clear:left"></div>

<p><img src="https://biz-file.com/c/2509/787607-240x135.jpg?5" width="240" height="135" alt="Equipment, apparently provided by a Chinese company, for mining at Sensele mine. Photo supplied" align="left"><br><span >Equipment, a...