Infrastructure ENERGY

Encourage investment in exploration and extraction of fossil fuels like methane gas and the exploration of coal to liquid fuels May 4, 2018
In progress
Oct 2019

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.

Apr 2019

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.

Nov 2018

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.