The Ministry of Energy has officially opened the bidding process for oil marketing companies (OMCs) seeking access to the Tazama pipeline. This follows the successful completion of a review of the guidelines governing the Tazama Pipeline Open Access Framework. According to Principal Public Relations Officer Bob Sianjalika, both local and foreign OMCs are now invited to submit their bids for the use of the pipeline to transport diesel from Dar es Salaam to Zambia. The
Aim-listed Vast Resources has announced the release of a historic diamond parcel that had been held in safekeeping at the Reserve Bank of Zimbabwe by order of the country’s Supreme Court since early 2010. The diamonds are now under the company’s custody and have been sent to its nominated tender house in Dubai for cleaning and re-sorting, ahead of the sales process, which is expected to commence within a month. Upon completion of the sale,
Algeria is set to launch a strategic partnership with China aimed at revolutionizing its renewable energy sector through local solar panel manufacturing. The upcoming investment agreement is expected to mark a significant step toward expanding the country’s clean energy capacity and reducing reliance on imported technology. According to a statement from the Algerian Ministry of Industry, local industrial group Elec will sign a cooperation deal this week with Chinese solar giant LONGi Green Energy Technology
Turkey’s largest oil refinery, Tüpraş, has emerged as a new buyer of Nigerian crude, placing fresh orders for cargoes scheduled for delivery in March and April. This marks a significant boost for Nigeria’s oil export ambitions as the country seeks to ramp up production and increase foreign exchange earnings. The transaction, tracked by global commodity data firm Kpler, confirms shipments to Tüpraş but does not specify the exact volumes. The deliveries, expected over a two-month
Kuwait’s Independent Petroleum Group (IPG) has secured two major oil infrastructure contracts in Sudan and Mozambique, with a combined value of approximately $50 million. In a statement to the stock exchange, IPG confirmed that the Port Sudan project, located along the Red Sea, involves the construction of oil storage tanks valued at nearly $30 million. The second contract, awarded in Matola, near Maputo, Mozambique’s capital, focuses on the construction of liquefied petroleum gas (LPG) tanks.
Libya hosted a high-level promotional forum in Istanbul to attract international investors to its latest bid round for oil and gas exploration and production. The event showcased 22 blocks—11 onshore and 11 offshore—covering a vast area of 235,267 km². The Istanbul roadshow follows similar investor engagement events held earlier in Houston and London, after the official launch of the bid round on March 3. Libya is offering the blocks under improved Production Sharing Agreements (PSAs),
A delegation of South Korean experts met with the Mozambican government on Monday, October 14, in Maputo for a seminar focused on promoting the widespread use of vehicular natural gas. The initiative comes at a critical time, as Mozambique faces ongoing challenges with liquid fuel imports. Opening the seminar, South Korean Ambassador Bok-won Kang expressed his country’s pride in supporting Mozambique’s efforts to adopt cleaner and more sustainable energy solutions. He noted that South Korean
The National Agency for Oil, Gas and Biofuels (ANPG) and TotalEnergies Angola have officially launched the conversion of an oil tanker into the FPSO Kaminho, marking a pivotal step in the development of Angola’s first oil project in the Kwanza Basin. The vessel’s transformation began this week in Nantong, China, with production expected to commence in 2028. In a statement, ANPG described the event as a historic milestone for Angola’s energy sector. The FPSO Kaminho
Zambia’s Ministry of Energy has announced a dramatic reduction in the approval time for solar project applications—from six months to just 48 hours—as part of efforts to attract private sector investment and accelerate renewable energy development. The fast-tracked process aims to support the government’s goal of adding 1,000 MW of solar power to the national grid by 2025. With hydropower currently dominating Zambia’s energy mix and severe droughts in 2024 significantly reducing output, the government
Portuguese energy company Galp Energia has significantly boosted its oil reserves in Namibia’s offshore Orange Basin, adding approximately 700 million barrels of oil equivalent (boe) to its 3C contingent resources. This increase represents a 25% year-on-year rise, bringing the total to 2.79 billion boe. The updated resource estimates were independently verified by global consultancy DeGolyer and MacNaughton, based on data collected up to 30 November 2024. “3C contingent resources increased 25% year-on-year to 2,790 mboe,
