Zambia | Egypt Oil & Gas

Zambia’s Exports to India Reach $475m

Zambia’s exports to India reach $475m of total $300b of the India’s global imports in the year 2016, according to the Indian Minister of State for Commerce and Industry, Nirmala Sitharaman, All Africa reported. “...

Four African Countries Join Oil, Gas Exploration

Four African countries sharing the Lake Tanganyika basin – Tanzania, Congo, Zambia, and Burundi – are meeting in mid February in the Democratic Republic of Congo to discuss a joint exploration of oil and g...

Zambia Suspends Fuel Importation Licenses

Zambia’s Energy Regulation Board (ERB) has suspended fuel importation licenses for Oil Marketing Companies (OMCs) in public interest to allow for a smooth transaction before the Private Sector takes over the procureme...

Zambia Cut Fuel Prices

Zambia’s retail fuel prices fell early January due to subdued oil prices, Reuters reported. The cut came after President Edgar Lungu said he expected to do so even as Brent crude climbed 13% in December 2016. Ac...

Zambia to Produce 2GW of Nuclear Power

Zambia has signed four memoranda of understanding (MoU) with Russia, which will enable the southern African country to develop nuclear technology for peaceful purposes, ESI Africa informed. The cooperation will develo...

Tanzania, Zambia to Negotiate Oil, Gas Pipeline

Tanzania and Zambia are to negotiate a new deal for transport of refined oil and natural gas. The talks will center around either modernizing the existing 1,710km Tazama pipeline, which transports crude oil from the D...

Tullow to Explore S. Lokichar field

Tullow Oil’s Vice President for Africa business, Tim O’Hanlon, sid that the company will restart exploration and appraisal drilling at Kenya’s prolific South Lokichar field in December, Reuters informed. O’Hanlo...

Zambia, Angola to Resume Pipeline Talks

Zambia’s  Minister of Energy, David Mabumba, stated that Zambia and Angola will resume talks on the construction of a pipeline that would carry petroleum products from oil-rich Angola to major copper producer Zambia, ...

Zambia Increased Pump Prices

Zambia’s Energy board announce mid-October that fuel prices were going up, citing volatility on the market. The retail price of petrol would rise by nearly 39%, while the price of diesel would go up by 33%, Reuters re...

Tanzania, Congo to Jointly Explore Lake Tanganyika

Tanzania and the Democratic Republic of the Congo signed a memorandum of understanding for joint exploration and development of hydrocarbons in Lake Tanganyika, Reuters reported. Congo’s President, Joseph Kabila...

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