New energy plan to leverage minerals
October 09, 2019
Cabinet yesterday approved a plan to develop energy from mineral resources to ensure Zimbabwe becomes a net exporter of electricity and fuel by 2030.
“This will principally be achieved through the extraction of coal-bed methane for power generation; production of liquid fuel from coal; generation of electricity from coal; and the development of oil and gas potential in the Muzarabani, Gonarezhou and Manicaland areas.
Muzarabani oil prospects increase
April 15, 2019
Newly defined data released last week by Invictus Energy, has provided management with increased confidence regarding a sizeable increase in the prospective resource estimate of the Muzarabani oil prospect that currently stands at 3,9 Tcf (trillion cubic feet) and 181 million barrels of condensate.
Zim announces Invictus oil discovery
November 01, 2018
Zimbabwean President Emmerson Mnangagwa on Thursday announced that Australian Securities Exchange (ASX) listed entity Invictus Energy (IVZ), has discovered oil and gas deposits in the southern African country’s Mashonaland Central Province.