Oil & Gas - Copperbelt Katanga Mining

DRC Exploits Only 4.5% of Hydrocarbon Potential Despite Vast Oil and Gas Reserves 1

DRC’s 22 Billion-Barrel Oil Potential Remains Largely Untapped as Government Pushes Hydrocarbon Development The Democratic Republic of Congo (DRC) is currently exploiting only a small fraction of its vast hydrocarbon potential, despite estimated reserves of 22 billion barrels of oil and 66 billion cubic metres of gas across its major sedimentary basins. According to Joseph Twite Maloba, President of the Professional Committee of Petroleum Companies of the Federation of Enterprises of Congo (FEC South) and Vice-President of the National Hydrocarbons Commission of the FEC, the country is using only about… Read More Here

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When Good Oils Go Bad Part 3

July 23, 2026July 23, 2026 Constance0 comment

Nitration: The Acid You Didn’t See Coming The third article in WearCheck’s series “When Good Oils Go Bad” features a discussion around nitration. Nitration is far less talked about than oxidation, yet in many engines, it is just as destructive and often more insidious. Unlike oxidation, which is driven by oxygen, nitration is the result of a lubricant reacting with nitrogen oxides (NOx) that are formed during combustion. These gases are produced under the intense heat and pressure inside the combustion chamber and find their way into the oil through… Read More Here

Mining in DRC Energy Oil & Gas Petroleum

Angola and DRC Deepen Energy Cooperation on Shared Offshore Hydrocarbon Resources

July 22, 2026July 22, 2026 Constance0 comment

Angola and DRC Advance Joint Offshore Oil Development with New Cooperation Measures for Common Interest Area Angola and the Democratic Republic of Congo (DRC) have continued to strengthen their energy partnership after technical experts from both countries met in Luanda on Tuesday and Wednesday to advance cooperation within the Area of Common Interest (ACI). According to Angola’s Ministry of Mineral Resources, Petroleum and Gas, the meeting focused on reviewing the implementation of the legal framework governing the joint exploration of shared offshore hydrocarbon resources and enhancing cooperation mechanisms between the… Read More Here

Mining in Zambia Oil & Gas

Tazama Pipelines Declares Over K120 Million Dividend to Zambia as Profit Exceeds K180 Million

June 30, 2026June 30, 2026 Constance

Tazama Pipelines Reports Strong Financial Results, Declares Major Dividends to Zambia and Tanzania Tazama Pipelines Limited has declared a dividend of more than K120 million to the Government of Zambia, reflecting strong financial performance for the reporting period. Board Chairperson Professor Ephraim Munshifwa announced that the Government of Tanzania will also receive over K60.1 million in dividends, underscoring the cross-border nature of the pipeline company’s ownership structure. Professor Munshifwa further disclosed that the company recorded a profit exceeding K180.5 million during the period under review, highlighting improved operational efficiency and… Read More Here

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When Good Oils Go Bad

June 29, 2026June 29, 2026 Constance

Part 1 – Oils don’t die, they degrade There are certain things in life that improve with age. Wine and whisky develop deeper, more complex flavours. Bonsai trees mature into highly valued works of art and even acoustic guitars and violins are said to improve in tone as the wood ages and the instrument opens up. Unfortunately, the list of things that don’t improve with time is far longer. Our physical health declines, sometimes along with our sense of humour. Metals corrode, paint fades and, perhaps less romantically but more… Read More Here

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When Good Oils Go Bad Part 2

June 29, 2026June 29, 2026 Constance

Oxidation: When Oil Gets Old Oxidation – the focus of part 2 of WearCheck’s “When Good Oils Go Bad” series – is one of the most common chemical reactions we encounter in everyday life. It occurs when fuel burns, when steel rusts, when wounds are cleaned with hydrogen peroxide and even when a cut apple turns brown. In lubricating oils, oxidation is no less familiar and no less damaging. Put simply, oxidation is the chemical reaction between a lubricant and oxygen. Over time, this reaction alters the oil’s chemistry, leading… Read More Here

Mining in DRC Oil & Gas Petroleum

DRC Government Orders Relocation of Fuel Depots from Residential Areas in Kinshasa

June 23, 2026June 23, 2026 Constance

Kinshasa Fuel Depots to Be Moved to N’sele as DRC Strengthens Safety and Modernizes Hydrocarbon Infrastructure The Congolese government has launched a major initiative to reorganize petroleum product storage in Kinshasa, aiming to improve urban safety and modernize the country’s hydrocarbon supply chain. During an inspection visit to the communes of Kalamu and Limete, Minister of State for Hydrocarbons Acacia Bandubola announced that fuel depots currently operating in residential neighborhoods will be relocated to a dedicated storage zone in the commune of N’sele. Operators affected by the measure have been… Read More Here

Oil & Gas Mining in Zambia Petroleum

Zambia Raises Diesel and Kerosene Prices as Global Oil Costs Climb

April 30, 2026May 1, 2026 Constance

Zambia Fuel Prices May 2026: Diesel, Kerosene and Jet A-1 Increase While Petrol Holds Steady The Energy Regulation Board (ERB) has announced revised petroleum pump prices for May 2026, with increases in diesel, kerosene, and Jet A-1, while petrol prices remain unchanged. The adjustment follows the regulator’s monthly review, which recorded a continued rise in international oil prices driven largely by geopolitical tensions in the Middle East. During the review period, global petrol prices increased by 5.77%, from $114.51 to $120.28 per barrel. Diesel prices saw a sharper rise of… Read More Here

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Mozambique and China Forge Strategic Pact to Develop Minerals, Energy and Security Capacity

April 27, 2026April 27, 2026 Constance

Mozambique–China Agreement Targets Critical Minerals, Gas Development and Security Cooperation in Northern Provinces Mozambique is strengthening its strategic relationship with China through a broad cooperation agreement that combines defence collaboration, geological mapping, and industrial investment aimed at unlocking one of Africa’s most resource-rich frontiers. The deal underscores Beijing’s expanding role in the continent’s mineral and energy sectors and reflects Maputo’s push to accelerate development in its northern regions. The announcement followed high-level talks in Beijing between Chinese President Xi Jinping and Mozambican President Daniel Chapo, culminating in a joint statement… Read More Here

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Trafigura Signs $1bn Oil-Backed Financing Deal with Gabon to Boost Liquidity

April 16, 2026April 16, 2026 Constance

Gabon secures $1 billion oil-backed financing from Trafigura in seven-year crude supply deal to strengthen public finances and investment spending Global commodities trader Trafigura has signed a $1 billion oil-backed financing agreement with the government of Gabon, providing upfront liquidity in exchange for future crude oil deliveries over a seven-year period. Announced on Wednesday, the arrangement will see Trafigura extend prepayment financing to the Gabonese state while acting as the exclusive buyer of the country’s “profit oil” the share of crude allocated to the government after production costs are recovered… Read More Here