Africa’s oil and gas industry is poised for momentous growth despite regulatory and political challenges‚ according to the latest PricewaterhouseCoopers (PwC) report released here today.

Statoil Oil & Gas Mozambique is concluding drilling at the Cachalote 1 well, in area 2 of the Rovuma basin in northern Mozambique, and says it may contain 200 million barrels of commercially-viable oil.

African Barrick’s Tulawaka mine, which closed down in March

Major foreign investors have played a significant role in the growth of the Tanzanian mining industry which is expected to double in value from US$64 million in 2010 to US$1.28 billion in 2015.

The first shipment of Angolan export LNG aboard the Sonangol Sambizanga ready for export to Brazil

Brazil was the destination of the first ever shipment of liquid natural gas from Angola, produced by Angola LNG at its processing unit in Soyo, Cabinda province, which plans to have Asian countries amongst its main customers.

Anglo American Platinum's Thembelani mine in Rustenburg ‒ miners released from underground

The mineworkers who were held underground at Anglo American Platinum's (Amplats) Thembelani mine in Rustenburg have been released.

Ivan Glasenberg, CEO, Glencore International

After years of on-off talks, months of brinksmanship and often bitter negotiations, Glencore's head Ivan Glasenberg gets to complete the US$30 billion acquisition of Xstrata today ‒ the mining industry's biggest takeover yet.