Zimbabwe has achieved a historic milestone in October 2025, with monthly exports surpassing the US$1 billion threshold for the first time, reaching US$1.02 billion. This represented a strong 20.2% mo

Africa’s largest crude oil producer, Dangote Petroleum has reached its fully installed production capacity of 650,000 barrels per day (bpd), marking a historic milestone that could fundamentally alter

The International Energy Agency is reportedly preparing what would be the largest emergency oil reserve release in its history, up to 400 million as early as today. If confirmed, it would be double th

Cabinet has approved a plan to expand national ethanol production from 155 million litres to 600 million litres annually by 2035, a 287% increase that the government has framed as a transformative int

Invictus Energy has secured Exalo Rig 202 for its Musuma 1 exploration well and set November 2026 for drilling, reducing uncertainty around rig availability as the company prepares to test another par

Zimbabwe’s emerging gas industry has entered a more consequential phase with Invictus Energy preparing to drill the Musuma-1 exploration well in November 2026, after awarding the well-services contrac

he Zimbabwe Energy Regulatory Authority raised the maximum diesel price to US$2.08 per litre from US$1.95, effective 17 September, placing the regulated fuel price back above the US$2 mark reached dur

Dangote Petroleum Refinery plans to pursue a secondary listing in New York after doubling its Nigerian refining capacity to 1.4 million barrels a day, extending a capital-raising programme that has al

Zimbabwe's merchandise trade surplus contracted by 91.1% to US$46.7 million in September 2026 from US$526.2 million in August, as declining gold and nickel export receipts coincided with a sharp incre

Australian-listed Invictus Energy has completed the relocation of its drilling rig to the Musuma-1 exploration site in Zimbabwe's Cabora Bassa Basin, bringing the company closer to testing a prospect

Invictus Energy is preparing to drill its next major exploration well in Zimbabwe's Cabora Bassa Basin with A$7.97 million in cash remaining at the end of September 2026, as the company advances a gas

Invictus Energy has moved its drilling rig to the Musuma-1 exploration site in Zimbabwe's Cabora Bassa Basin, bringing the company closer to testing a gas prospect estimated to contain 1.2 trillion cu