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Category: Oil & Gas

Puma Energy Partners with Hass Petroleum to Launch Lubricants in DRC 1 Mining in DRC Events & Expos Oil & Gas Partnership 

Puma Energy Partners with Hass Petroleum to Launch Lubricants in DRC

Constance
Puma Energy Teams Up with Hass Petroleum to Introduce Premium Lubricants in DRC Puma Energy and Hass Petroleum have announced a strategic partnership to distribute Puma Energy’s lubricants across the Democratic Republic of Congo (DRC). The agreement was finalized during the Investing in African Mining Indaba conference in Cape Town. The collaboration marks the debut of the Puma Energy lubricants brand in the DRC. Under the partnership, Hass Petroleum will handle the distribution and marketing of high-performance lubricants, supporting critical sectors including mining and industrial operations in one of Africa’s… Read More Here
OIl Mining in DRC Economy Oil & Gas Petroleum Taxes 

DRC Oil Tax Reform Delivers Sharp Revenue Gains and Strengthens Public Finances

Constance
DRC Oil Tax Reform Boosts Petroleum Revenues by Over 1,700%, Easing Pressure on Public Finances The Democratic Republic of Congo’s reform of oil-related tax expenditures is beginning to deliver measurable benefits for public finances, with official data showing petroleum revenues rising by more than 1,700% following the introduction of coordinated fiscal and regulatory measures. The reform was launched against a backdrop of rapidly rising oil tax expenditures, which reached US$1.6 billion in 2022 before easing to US$1.1 billion in 2023. Over the two-year period, these expenditures accounted for nearly 15%… Read More Here
Zambia and Tanzania Strengthen Petroleum Cooperation in High-Level Talks 2 Mining in Zambia Oil & Gas Petroleum 

Zambia and Tanzania Strengthen Petroleum Cooperation in High-Level Talks

Constance
Zambia, Tanzania Agree on Fuel Supply Arrangements to Secure Petroleum Deliveries via TAZAMA Pipeline The Ministers of Energy of Zambia and Tanzania today held a high-level bilateral meeting in Dar es Salaam, reaffirming their long-standing partnership in petroleum cooperation and regional energy security. The engagement brought together senior government officials from both countries to deliberate on petroleum supply logistics, infrastructure management, and policy coordination, with a shared goal of ensuring a stable and reliable fuel supply for Zambia. The Zambian delegation was led by Minister of Energy Mr Makozo Chikote… Read More Here
Zambian Ambassador Concludes Benguela Visit with Strategic Tour of Lobito Oil Refinery 3 Mining in Zambia Economy Oil & Gas 

Zambian Ambassador Concludes Benguela Visit with Strategic Tour of Lobito Oil Refinery

Constance
Zambia’s Ambassador to Angola Tours Lobito Oil Refinery, Boosting Regional Energy and Trade Links His Excellency Rev. Dr. Elias Munshya, Zambia’s Ambassador to Angola, concluded an official working visit to Benguela Province with a technical tour of the Lobito Oil Refinery, a flagship energy infrastructure project within the Lobito Corridor framework. The visit took place on Wednesday, January 14, 2026, and marked the final engagement of the Ambassador’s programme in Benguela, which aimed to strengthen strategic infrastructure links and enhance economic cooperation between Zambia and Angola. During the tour, Ambassador… Read More Here
DRC Oil Tax Revenues Surge After Subsidy and Exemption Reforms 4 Uncategorized Mining in DRC Oil & Gas Taxes 

DRC Oil Tax Revenues Surge After Subsidy and Exemption Reforms

Constance
DRC Oil Tax Revenue Jumps from 4 to 70 Billion Francs Following Fuel Subsidy Reforms The Democratic Republic of Congo has recorded a sharp increase in monthly oil tax revenues since July 2025, with collections rising from 4 billion to 70 billion Congolese francs. The surge follows the implementation of tax expenditure reforms targeting the oil sector, according to the Ministry of Finance. Finance Minister Doudou Fwamba Likunde announced the development during a press conference held on Monday, December 22, 2025, at the Kinshasa Financial Center. The briefing formed part… Read More Here
Glencore to Acquire Majority Stake in Dutch Fuel Supplier FincoEnergies 5 International Corporate News Mergers & Acquisitions Oil & Gas 

Glencore to Acquire Majority Stake in Dutch Fuel Supplier FincoEnergies

Constance
Glencore Expands Northwest Europe Fuel Footprint with Majority Acquisition of FincoEnergies Global commodities trader and mining group Glencore has agreed to acquire a majority stake in Dutch fuel supplier FincoEnergies for an undisclosed amount, the company announced on Monday. The transaction will strengthen Glencore’s presence in Northwest European fuel markets, where FincoEnergies is a leading player in wholesale fuel distribution as well as biofuels and other low-carbon fuel segments, according to industry sources. Large trading houses such as Glencore have increasingly pursued strategic assets across the oil and fuel supply… Read More Here
DRC Govt Strengthens Oversight of Mining Fuel Use to Boost Compliance and Revenue 6 Mining in DRC Oil & Gas 

DRC Govt Strengthens Oversight of Mining Fuel Use to Boost Compliance and Revenue

Constance
DRC Mining Companies Must Comply with New Fuel Regulations as Government Launches Strict Inspections The Democratic Republic of Congo (DRC) government has issued a formal reminder to mining companies operating in the southeastern provinces of Haut-Katanga and Lualaba to comply with new regulations governing fuel use in the sector. The reminder, issued in a December 10, 2025 letter signed by Ministers of Hydrocarbons Acacia Bandubola Mbongo and Mines Louis Watum Kabamba, comes after repeated refusals by some mining operators to allow inspections by the Petroleum Product Marking Brigade. These inspections… Read More Here
Zambia’s Energy Permanent Secretary Tours Tazama Pipeline to Strengthen Fuel Security 7 Mining in Zambia Energy Oil & Gas 

Zambia’s Energy Permanent Secretary Tours Tazama Pipeline to Strengthen Fuel Security

Constance
Zambia Energy Permanent Secretary Inspects Tazama Pipeline to Reinforce National Fuel Security Zambia’s newly appointed Permanent Secretary for Energy, Professor Ephrahim Munshifwa, has undertaken a familiarisation tour of the Tazama Pipeline to gain firsthand insight into the country’s critical petroleum infrastructure and to reinforce the strategic importance of fuel security. Professor Munshifwa began his visit with a courtesy call at the Provincial Office, where he met with Provincial Permanent Secretary Lawrence Mwanza. He then proceeded to inspect the Tazama storage tanks and the Ndola Fuel Terminal (NFT). During engagements with… Read More Here
Zambia Greenlights $1.1 Billion Crude Oil Refinery in Strategic Industrial Partnership 8 Mining in Zambia Oil & Gas 

Zambia Greenlights $1.1 Billion Crude Oil Refinery in Strategic Industrial Partnership

Constance
Zambia Issues $1.1 Billion License for Major Crude Oil Refinery to Boost Energy Security and Jobs In a landmark move for Zambia’s industrial and economic growth, the Zambia Development Agency (ZDA) has granted an investment license to China Zambia Petrochemical Corporation (CZPC) for a $1.1 billion crude oil refinery project. The venture is a strategic collaboration between Zambia’s state-owned Industrial Development Corporation (IDC) and China’s Fujian Xiang Xin Corporation. The license handover underscores the government’s commitment to enhancing national industrial capacity and energy security. The planned refinery, with a capacity… Read More Here
Angola Inaugurates $4 Billion Gas Processing Plant in Soyo to Boost Energy Diversification 9 International Oil & Gas 

Angola Inaugurates $4 Billion Gas Processing Plant in Soyo to Boost Energy Diversification

Constance
Angola Launches $4 Billion Soyo Gas Plant to Strengthen LNG Production and Industrial Growth Angolan President João Lourenço has inaugurated a $4 billion gas processing plant in Soyo, marking a major step in the country’s strategy to diversify its energy sector beyond crude oil. The project positions Angola to become a key player in Africa’s natural gas and liquefied natural gas (LNG) markets. Developed by the Novo Consórcio de Gás (NCG), the facility has the capacity to process 400 million cubic feet of gas per day from Angola’s first standalone… Read More Here

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