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Angola’s Ministry of Mineral Resources, Oil and Gas (MIREMPET), Freiberg University of Mines and Technology Start Scholarship Program

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MIREMPET

The program is expected to contribute to providing the qualified graduates needed to lead Angola’s mining sector into the future

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LUANDA, Angola, February 6, 2024/APO Group/ — 

With the signing of a Memorandum of Understanding in October 2022 between HE Diamantino Pedro Azevedo, Minister of Mineral Resources, Oil and Gas of the Republic of Angola and Prof. Dr. Klaus-Dieter Barbknecht, Rector of the Freiberg University of Mines and Technology, negotiations began for the implementation of a scholarship program for Angolan students at the University.

After a working visit by a delegation from the Ministry of Mineral Resources, Oil and Gas (MIREMPET) to the University last week, negotiations are now taking place at cruising speed. The visiting delegation was led by Eng. Domingos Francisco, MIREMPET National Director for Training and Local Content, and included the participation of SONANGOL EP, represented by Prof. Dr. Orlando da Mata, President of the Board of Directors of the SONANGOL EP Research and Development Center.

Freiberg University of Mining and Technology is one of the best universities in the world, specializing in mining, geosciences and related specialties. It was ranked 5th in Europe in the 2022 QS World University Ranking by discipline (“Mining and Mineral Engineering” category).

In addition to its formidable academic and research offerings, the University is located in a highly industrialized part of the German state of Saxony, which allows it to develop strong collaborations with many high-tech companies, such as Infineon Technologies. This proximity allows students to get involved in real-life projects from an early age. It is expected that this will lead to a significant transfer of technology to the Angolan mining sector through students who will be able to benefit from the scholarship program starting from September 2024.

Initially, the Ministry is committed to awarding full scholarships to up to 15 Master’s students in various disciplines, including Advanced Mineral Resource Development, geosciences, mechanical and process engineering, metallic materials technology, and sustainable mining. Students will be pre-selected by the Ministry following a transparent and rigorous process, overseen by an independent committee. However, students will have to meet the University’s admission criteria before they can fully qualify for the scholarship.

Angola’s mining sector is expected to grow significantly in the coming years, as global demand for multiple minerals and rare earths is expected to grow in line with the growing demand for battery minerals and other strategic minerals. Currently, the exploration and production of diamonds represents around 90% of total mining revenue in Angola. However, this is expected to change. As the world continues to strive towards energy transition, battery minerals such as lithium, nickel, cobalt, graphite, manganese, aluminium, tin and tantalum, among others, are expected to grow exponentially.

Mining company Rio Tinto signed an agreement last month in Luanda with the Angolan Government to acquire a concession to mine basic metals, including copper, cobalt, zinc, titanium and aluminium in the Angolan province of Moxico. This follows a similar agreement signed between the government of Angola and mining major Ivanhoe to prospect and develop copper in the provinces of Moxico and Cuando Cubango. In 2022, South Africa’s De Beers Group signed a Mineral Investment Agreement with the government of Angola to re-enter the country and prospect for diamonds.

The aforementioned agreements attest to the significant interest in Angola’s mining sector following recent industry reforms introduced by the government, under the leadership of His Excellency João Manuel Gonçalves Lourenço, President of the Republic of Angola.

To meet the growing demand for qualified personnel in a changing mining environment, and in line with the government’s policy of focusing on the development and education of Angolan youth, MIREMPET has intensified its scholarship programs in recent years, together with partners, to send hundreds of deserving young Angolans annually to prestigious universities for further studies. The Freiberg University of Mining and Technology scholarship program is expected to contribute to providing the qualified graduates needed to lead Angola’s mining sector into the future.

The scholarship program is also proof of the strong relationship between the Federal Republic of Germany and the Republic of Angola since the visit to Luanda by then-German Chancellor, Dr. Angela Merkel in 2020. The scholarship agreement is also expected to further strengthen German-Angolan relations and attract German companies to invest in Angola’s mining sector.

The upcoming Angola Oil & Gas (AOG) conference (https://apo-opa.co/4945xwG) — taking place this October and organized by Energy Capital & Power — will focus on local content and workforce development within Angola’s energy and mining industries. AOG 2024 serves as the premier platform uniting Angola’s energy stakeholders, policymakers and partners to maximize trade and investment opportunities.

Distributed by APO Group on behalf of Energy Capital & Power.

Energy

Venezuela Energy Week Confirms 19 August Date for Houston Industry Showcase

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Officially supported by Venezuela’s Ministry of Hydrocarbons and national oil company PDVSA, the Houston Industry Showcase will take place on 19 August, convening U.S. energy leaders ahead of Venezuela Energy Week 2027 in Caracas

HOUSTON, United States of America, August 10, 2026/APO Group/ –The organizers of Venezuela Energy Week (VEW) have confirmed that the Houston Industry Showcase will take place on 19 August 2026 at The Post Oak Hotel. Officially supported by Venezuela’s Ministry of Hydrocarbons and national oil company PDVSA, the event will bring together U.S. energy companies, investors and policymakers to explore commercial opportunities ahead of Venezuela Energy Week 2027 in Caracas in February.

The showcase will feature Minister of Hydrocarbons Paula Henao as a keynote speaker, providing an update on Venezuela’s energy priorities, investment agenda and opportunities for international partnership. Her participation underscores the country’s commitment to strengthening engagement with global industry as it seeks to expand production and unlock new upstream investment.

Bringing together exploration and production companies, independent operators, oilfield service providers, engineering firms, technology companies and financial institutions, the Houston Industry Showcase will examine opportunities across exploration, production optimization, infrastructure rehabilitation and field development.

As Venezuela works to increase oil and gas production, demand is expected to grow for the technical expertise of U.S. service providers in drilling, well intervention, completion services, production optimization, artificial lift, digital oilfield technologies and infrastructure rehabilitation. Houston-based industry leaders – including SLB, Halliburton, Baker Hughes, Weatherford and a broad network of EPC contractors, equipment manufacturers and specialized service companies – are well positioned to support the modernization of mature fields, improve operational efficiency and deliver the technologies and services needed for future upstream projects.

The Houston event follows a successful Industry Showcase in London, which brought together international investors, operators and energy service companies to explore Venezuela’s evolving investment landscape. Building on that momentum, the Houston edition will deepen engagement with the U.S. energy industry and strengthen commercial dialogue ahead of Venezuela Energy Week 2027.

Venezuela Energy Week – the country’s largest energy investment platform to date – has been confirmed for 22–25 February 2027 in Caracas. Organized by Energy Capital & Power, the event will bring together government leaders, investors and industry stakeholders from across the global energy value chain.

To register for the Houston Industry Showcase on August 19, visit https://apo-opa.co/4g0TncR. To learn more about delegate, sponsorship and partnership opportunities for the showcase or to secure your place at Venezuela Energy Week 2027 in Caracas, contact info@venezuelaenergyweek.com.

Supporting Venezuela’s Earthquake Recovery
Our thoughts are with the people and communities affected by the recent earthquakes in Venezuela. As the country begins the long process of recovery, we encourage members of the global energy community to support relief and reconstruction efforts through the CAF Recovery and Reconstruction Fund for Venezuela, which channels contributions from individuals, companies and organizations to emergency assistance, essential services and long-term rebuilding efforts.

To learn more or make a contribution, please visit the CAF Recovery and Reconstruction Fund for Venezuela (https://apo-opa.co/4hkvteE).

Distributed by APO Group on behalf of Energy Capital & Power.

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Islamic Development Bank Institute (IsDBI) Secures New Patent for Smart Stabilization System from Intellectual Property Office of Singapore

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The Smart Stabilization System is a pioneering digital market infrastructure designed to stabilize asset markets by intelligently managing supply-demand gaps and mitigating excessive volatility

JEDDAH, Saudi Arabia, August 10, 2026/APO Group/ –The Islamic Development Bank Institute (IsDBI) (https://IsDBInstitute.org) is pleased to announce that the Intellectual Property Office of Singapore (IPOS) has granted a new patent for its innovative Smart Stabilization System.

 

The patent was granted on 10 July 2026 under Singapore Patent No. 10202250873B for the invention titled “A Computer Network Stabilization System and Method.” The patent application was filed on 1 September 2022 and was formally granted following a comprehensive review process.

This achievement reflects our commitment to translating pioneering research into practical solutions that contribute to economic resilience and sustainable development

The Smart Stabilization System is a pioneering digital market infrastructure designed to stabilize asset markets by intelligently managing supply-demand gaps and mitigating excessive volatility. Leveraging sophisticated algorithms and advanced simulation models, the system is designed to anticipate supply and demand imbalances and implement programmable stabilization measures before they escalate into market disruptions.

Unlike traditional stabilization mechanisms that rely on capital reserves, buffer funds, or external interventions, the Smart Stabilization System introduces a next-generation framework for achieving autonomous market stabilization through proactive and programmed stabilization mechanisms. By incorporating distributed ledger technology and cryptographic trust mechanisms, the platform enhances transparency, trust, and operational resilience for digital asset and commodity markets.

The successful patent grant reflects IsDBI’s growing contribution to technological innovation and its commitment to developing knowledge-based solutions that address contemporary economic and development challenges.

Since filing the patent application back in 2022, the Institute has continued to advance the Smart Stabilization System through ongoing development and testing, aimed to expand its practical applications and support future capitalization opportunities. These advancements have positioned the system as a potentially transformative solution for enhancing stability and resilience in increasingly digital and interconnected economies.

Commenting on this occasion, Dr. Sami Al-Suwailem, Acting Director General of IsDBI, said, “The grant of this patent by the Intellectual Property Office of Singapore further strengthens the Institute’s position as a leader in developing innovative knowledge-based solutions that leverage modern technologies to address complex development challenges. This achievement reflects our commitment to translating pioneering research into practical solutions that contribute to economic resilience and sustainable development.”

Distributed by APO Group on behalf of Islamic Development Bank Institute (IsDBI).

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Liberia to Preview Next Oil & Gas Licensing Round Strategy at Houston Investor Day

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The Liberia Petroleum Regulatory Authority will host operators, investors and partners in Houston on August 19 to preview future licensing opportunities and showcase the exploration potential of its offshore basins

HOUSTON, United States of America, August 7, 2026/APO Group/ –The Liberia Petroleum Regulatory Authority (LPRA) will present its strategy for the country’s next offshore licensing round at Liberia Investor Day Houston on August 19, bringing together international exploration companies, investors, service providers and energy leaders to discuss the next phase of Liberia’s upstream development.

Hosted in partnership with Energy Capital & Power, the event will provide a platform for the LPRA, led by Director General Hon. Marilyn T. Logan, to outline Liberia’s regulatory framework, investment priorities and plans to attract new participation across the country’s offshore sector. Discussions will focus on upcoming licensing opportunities, exploration prospects and the subsurface data supporting future investment decisions.

Liberia’s offshore sector is entering a new phase of exploration activity, with renewed international participation and a growing pipeline of opportunities. Following the award and ratification of eight Production Sharing Contracts in 2025, Liberia has re-established itself as a frontier exploration destination, with international operators advancing work programs designed to further evaluate the country’s petroleum potential. TotalEnergies is progressing exploration activities that include offshore geochemical surveys, 3D seismic acquisition and seabed mapping, while Oranto Petroleum has also signed contracts to explore Liberia’s offshore.

At the Liberia Investor Day Houston, the LPRA will provide industry stakeholders with insight into the priorities shaping the next licensing round, including the anticipated process, qualification requirements, available acreage and access to technical data. The engagement will give prospective investors a clearer view of Liberia’s exploration landscape and the opportunities emerging across its offshore basins.

The event will also facilitate direct dialogue between LPRA and the global upstream community, connecting companies with policymakers and industry stakeholders involved in shaping Liberia’s next chapter of petroleum development.

As exploration companies continue to seek new frontier opportunities, Liberia Investor Day Houston will highlight the role of regulatory certainty, data availability and strategic partnerships in unlocking long-term investment across Liberia’s offshore sector.

Registration is now open for attendees. Companies interested in Liberia’s emerging offshore opportunities are invited to join LPRA, investors and upstream leaders in Houston for insights into the country’s licensing strategy and exploration outlook. For more information contact info@energycapitalpower.com.

Distributed by APO Group on behalf of Energy Capital & Power.

 

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