DRC auctions off 27 oil blocks and 3 gas blocks 1 Energy Mining in DRC Oil & Gas 

DRC auctions off 27 oil blocks and 3 gas blocks

The Congolese authorities announced on Monday that they had decided to auction twenty-seven oil blocks and three gas blocks in  the Democratic Republic of Congo , ignoring criticism from Greenpeace, we learned from an official source. Out of 32 blocks initially selected, calls for tenders for the allocation of rights will be launched on July 28 for 27 oil blocks, in particular the two blocks returned by Israeli businessman Dan Gertler and 3 gas blocks. declared Didier Budimbu, Congolese Minister of Hydrocarbons. The blocks concerned are distributed as follows over several corners… Read More Here
COMMISSIONING OF 500MVA 330/220/33KV MUKUNI SUBSTATION IS ZESCO’S STEP FORWARD IN THE CHAMPIONS LEAGUE 2 Energy Mining in Zambia 

COMMISSIONING OF 500MVA 330/220/33KV MUKUNI SUBSTATION IS ZESCO’S STEP FORWARD IN THE CHAMPIONS LEAGUE

We are pleased to announce the commissioning of the 500MVA 330/220/33KV Mukuni Substation in a quest to boost power supply to various sectors of our economy. The commissioning of this substation will significantly reduce the power deficit and deliver economic dividends to our people in the short and long term. Furthermore, this commissioning signifies the corporation’s positive steps towards the improvement of power supply and enhanced power trading among market players of the Southern African Power Pool (SAPP). It is worth noting that this project falls within the scope of… Read More Here
ANGLO AMERICAN INVESTS IN SANERGY ORGANIC WASTE UPCYCLING 3 Mining in Zambia Energy 

ANGLO AMERICAN INVESTS IN SANERGY ORGANIC WASTE UPCYCLING

Anglo American has agreed to lead the latest investment round of Sanergy Inc, an organic waste upcycling business with operations in Kenya. Sanergy’s innovative solutions are helping to transform how fast-growing cities in the developing world manage waste by upcycling it into high value agriculture and energy products – such as insect-based protein for animal feed, organic fertiliser for regenerative farming and biomass fuel for sustainable, localised power sources. Sanergy’s zero-waste approach, founded on the principles of circularity, contributes to protecting human health and reducing environmental emissions, promoting sustainable agriculture,… Read More Here
ZESCO, CEC ink 13 year new Bulk Supply Agreement 4 Mining in Zambia Energy 

ZESCO, CEC ink 13 year new Bulk Supply Agreement

ZESCO Limited is pleased to announce the successful signing of a 13 year Bulk Supply Agreement with the Copperbelt Energy Corporation (CEC) effective 1st April 2022. This Agreement was signed two years after the expiry of the Bulk Supply Agreement between the two institutions that had been in existence from 21st November 1997 to 31st March 2020. The expiry of the old Bulk Supply Agreement was preceded by unsuccessful attempts to negotiate a successor agreement which was followed by a two-year period of trade on disputed terms between the two… Read More Here
58.2 million USD paid to oil companies in June 2022 as state subsidies- DRC 5 Mining in DRC Energy Oil & Gas 

58.2 million USD paid to oil companies in June 2022 as state subsidies- DRC

The Government of the Democratic Republic of Congo (DRC) paid 58.2 million US dollars as subsidies for petroleum products at the pump to petroleum companies established on the national territory. This was indicated by the Congolese Minister of Finance, Nicolas Kazadi, quoted by Patrick Muyaya, Spokesman of the Government, on the occasion of the sixtieth meeting of the Council of Ministers. “Petroleum product price subsidies at the pump were paid in the amount of USD 58.2 million in June 2022,” Congolese government spokesman Patrick Muyaya said. According to the National… Read More Here
Exploitation of 16 oil blocks, Didier Budimbu requests involvement of heads of diplomatic missions accredited in the DRC 6 Mining in DRC Energy Oil & Gas 

Exploitation of 16 oil blocks, Didier Budimbu requests involvement of heads of diplomatic missions accredited in the DRC

The Minister of Hydrocarbons of the Democratic Republic of Congo (DRC), Didier Budimbu, invited the heads of diplomatic missions accredited in the DRC to invest in playing the bridge between investors from their respective countries and oil exploitation opportunities and gas that the country offers. The Congolese Minister of Hydrocarbons made this call during a business dinner organized by Monday, June 27, 2022 in Kinshasa. This ceremony was attended by several political personalities including senators and national deputies. The former Ministers of Hydrocarbons, notably Célestin Mbuyu, Rubens Mikindo, Musa Mondo… Read More Here
SNEL brings the Bukanga-Lonzo substation back into service- DRC 7 Mining in DRC Energy 

SNEL brings the Bukanga-Lonzo substation back into service- DRC

The substation of the Bukanga-Lonzo agro-industrial park has been put back into service by the National Electricity Company (SNEL), announced the Minister of Water Resources and Electricity, Olivier Mwenze. According to the communication services of the Ministry of Water Resources and Electricity, this project, which dates back several years, should serve the provinces of Kwango and Kwilu. According to the supervising Minister, Olivier Mwenze, this work has been handed over to the manager pending the construction of the transmission lines. “The construction of transmission lines is the next step to… Read More Here
Australian FFI reassures on the realization of its investment in the production of green hydrogen from Grand Inga 8 Energy Mining in DRC 

Australian FFI reassures on the realization of its investment in the production of green hydrogen from Grand Inga

The Prime Minister, Jean-Michel Sama Lukonde Kyenge, received, this Monday, May 30, 2022 at the Primature, a delegation from the Australian group FFI (Fortescue Future Industries) who came to present to him the report on the progress of their project in DRC with a view to signing a cooperation agreement for the production of green hydrogen from the Grand Inga project as part of the energy transition. Operating in the mines in Australia, FFI wants to launch, in the DRC, mainly in the production of green hydrogen, a product suitable… Read More Here
ZESCO advances green drive - Zambia 9 Energy Mining in Zambia 

ZESCO advances green drive – Zambia

“We are on course to advancing green energy through our Renewable Energy department” said the ZESCO Limited Acting Managing Director Mr. Peter Chamfya. Zambia through the Ministry of Commerce, Trade, and Industry hosted a European Union (EU) – Zambia Inaugural Economic Forum on 18 and 19 May 2022 at Mulungushi International Conference Centre in Lusaka. The Economic forum which was held under the theme “Economic Transformation through Green Growth” was graced by His Excellency the President of the Republic of Zambia, Mr. Hakainde Hichilema, attracted over 400 delegates spanning from 27 member states… Read More Here
DRC Minister, African Energy Chamber Meet in Luanda, Pledge to Work Together to Secure Investment in DRC Energy 10 Mining in DRC Energy 

DRC Minister, African Energy Chamber Meet in Luanda, Pledge to Work Together to Secure Investment in DRC Energy

The African Energy Chamber (AEC), led by Executive Chairman NJ Ayuk, met with H.E. Didier Budimbu Ntubuanga, Minister of Hydrocarbons of the Democratic Republic of Congo (DRC), in Luanda during the 8th African Petroleum Congress and Exhibition to discuss strategies to secure more investment in the country. With the DRC representing a frontier market for oil and gas exploration, and opportunities across the entire value chain providing for a lucrative investment environment, both the ministry and the AEC are committed to driving the development of the burgeoning DRC energy sector. During… Read More Here

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