"We are optimistic about the future of the energy industry in Nigeria, particularly recognizing gas as the transition fuel towards a lower-carbon environment."
CEO, SONANGOL REFINING & PETROCHEMICAL COMPANY (SONAREF)
"Sonaref is spearheading three major refining projects: the Cabinda Oil Refinery, the Soyo Refinery, and the Lobito Refinery, which aim to increase our total refining capacity to 425,000 bpd."
"Oil production in Angola has been on a declining trend over the past few years, but our discoveries have bucked this trend with the company’s production increasing by 30% from 2022 to 2024."
CHAIRMAN, PETROLEUM TECHNOLOGY ASSOCIATION OF NIGERIA (PETAN)
"PETAN advocates that authorities should look more into oil and gas evacuation on land and in swamp environments as the cost of production in these environments is approximately 20% of the production costs offshore."
"Within a few days, we can transform barren sites into fully equipped facilities, demonstrating our adaptability in supporting Angola's energy sector."
"Businesses in Nigeria grapple with various hurdles, particularly in procurement and currency fluctuations, which significantly impact their operations."
Ontario Mining and Toronto’s Finance Hub 2026 - Pre-Release
2025 was a year of change for Ontario’s mining industry. Canada’s evolving international relationships heightened the focus on economic sovereignty, while federal and provincial elections brought critical minerals to the forefront of policy discussions. The provincial government’s ‘One Project, One Process’ framework aims to reduce permitting delays, as critical mineral prices show early signs of recovery from a prolonged weak cycle.