Invest Wisely
POTENTIAL investors are reportedly eyeing a stake in the Lupane Gas Project, Matabeleland North Provincial Affairs and Devolution minister Richard Moyo has said. Natural gas reserves were discovered in Lupane … Read More
ZIMBABWE anticipates a 17,4 percent surge in electricity production this year, as the country seeks to reduce expensive imports and load shedding that negatively affected businesses and households in 2023. … Read More
HWANGE Power Station, inclusive of the newly commissioned units, contributed 56,11 percent of total electricity production during the third quarter of 2023, while Kariba Hydro Power Station accounted for 39,08 … Read More
Africa’s largest oil independent, Aiteo, has marked a significant expansion in its global energy portfolio by acquiring a major stake in the Mazenga gas block, the largest onshore gas reserve … Read More
BARELY two weeks after announcing further gas discovery at its Mukuyu-2 exploration well in Mbire District, Mashonaland Central province, Invictus Energy has raised a further US$10,2 million through private placement … Read More
THE Zimbabwe Energy Regulatory Authority (Zera) has slightly reviewed upwards petroleum operating licences for 2024 and has urged existing and new fuel operators to renew and submit applications. The regulatory … Read More
ZRA allocated 16 billion cubic metres (BCM) of water between Zambia’s Zesco Limited (Zesco) and Kariba Hydro Power Company (KHPC) for power generation operations at Kariba for 2024.Zimbabwe faces crippling … Read More
AUSTRALIAN energy firm, Invictus Energy Limited, has raised AU$15 million (US$10,25 million) through an institutional placement of new shares to fund operations at its Mukuyu 2 oil and gas drill … Read More
LEADING waste management firm, Geo Pomona Waste Management, has been granted a license to produce electricity after it successfully met all the requirements. In a statement the Zimbabwe Energy Regulatory … Read More
Invictus Energy, the Australian company searching for oil and gas in Muzarabani and Mbire districts of Mashonaland Central province, has executed an updated gas supply memorandum of understanding (MoU) with … Read More
