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Invictus Energy reclassified its Zimbabwe operation
Australian energy firm Invictus Energy Limited has reclassified itself from an explorer to a developer as it moves towards becoming a producer. This shift follows significant gas and oil discoveries a...Published: 28 Aug 2024 at 13:25hrs | 2011 | by Staff reporter
Invictus signs gas sales MOU for a gas-to-power project
Invictus Energy Limited has announced the signing of a Memorandum of Understanding (MOU) with Dallaglio Investments Pvt Ltd and Himoinsa Southern Africa Proprietary Limited for a gas-to-power project ...Published: 22 May 2024 at 16:54hrs | 18 | by Staff reporter
Invictus Ernergy injects US$10,2 in Zimbabwe operations
BARELY two weeks after announcing further gas discovery at its Mukuyu-2 exploration well in Mbire District, Mashonaland Central province, Invictus Energy has raised a further US$10,2 million through p...Published: 29 Dec 2023 at 07:00hrs | 9 | by Staff reporter
Colourful place names of Rhodesia and their origin
THE TRACING of place names in a country in Africa can be both fascinating and frustrating. One must know – or quickly learn – something about history, about geography and the origins of word...Published: 28 Dec 2023 at 17:59hrs | 45 | by Phillippa Berlyn with some amendments by Tony Tanser
Another gas discovery excites Zimbabwe govt
AUSTRALIAN firm Invictus Energy has made further gas discovery at its Mukuyu-2 exploration well in Muzarabani-Mbire districts of Mashonaland Central province, in northern Zimbabwe, confirming the coun...Published: 15 Dec 2023 at 07:23hrs | 1 | by Staff reporter
Zimbabwe makes further gas discovery
AUSTRALIAN firm Invictus Energy has made further gas discovery at its Mukuyu-2 exploration well in Muzarabani-Mbire districts of Mashonaland Central province, in northern Zimbabwe, confirming the coun...Published: 15 Dec 2023 at 07:22hrs | 1 | by Staff reporter
Gas discovery excites Zimbabwe govt
AUSTRALIA oil and gas exploration firm, Invictus Energy, has announced a massive breakthrough in its exploitation drive declaring a gas discovery from the Mukuyu-2 sidetrack well in the Upper Angwa fo...Published: 08 Dec 2023 at 05:36hrs | 9 | by Staff reporter
Zimbabwe discovers oil, gas and helium
AUSTRALIAN firm, Invictus Energy has confirmed the presence of "light oil, gas-condensate and helium" from its drilling samples at its Mukuyu-1 rig site in Muzarabani.Analysts, however, were q...Published: 09 May 2023 at 06:08hrs | | by Staff reporter
Zesa mulls US$4bn gas-fired plant
ZIMBABWE'S power utility Zesa Holdings Ltd says it plans to build a gas-fired power station as it prepares for a potential find by Australia Stock Exchange-listed resources junior Invictus Energy, whi...Published: 24 Mar 2023 at 06:29hrs | | by Staff reporter
Huge oil, gas deposits confirmed in Muzarabani
Large natural gas and oil reserves have now been confirmed in north-east Zimbabwe, although technical glitches meant Australian firm Invictus could not extract a fluid sample to fulfil regulatory requ...Published: 26 Jan 2023 at 07:30hrs | | by Staff reporter
Zimbabwe expected to pocket 60% of proceeds from Muzarabani oil and gas
ZIMBABWE is expected to pocket a maximum 60% of proceeds from the Muzarabani gas and oil fields, if the discovery proves to be of commercial value, Australian investor Invictus Energy local representa...Published: 06 Dec 2022 at 07:07hrs | | by Staff reporter
Why army was deployed in oil-drilling precincts of the Zambezi Valley
FEARS of a Mozambican Cabo Delgado-style Islamic insurgency in the northern Zambezi Valley where the Zimbabwean government and an Australian Securities Exchange-listed Invictus Energy are engaged in o...Published: 27 Nov 2022 at 14:59hrs | 4 | by Staff reporter
Zimbabwe mulls law for oil, gas extraction
GOVERNMENT is planning to draft a new law to regulate the oil and gas sector, amid high expectations of commercial-grade reserves in the Muzarabani area, Finance minister Mthuli Ncube has said....Published: 27 Nov 2022 at 14:59hrs | | by Staff reporter
US$44m war chest to drive Zimbabwe's oil/gas search
Oil and gas explorer Invictus Energy, says the discovery of commercially viable quantities of petroleum deposits at its Mukuyu-1 or Baobab prospects in the north of Zimbabwe would transform the countr...Published: 24 Oct 2022 at 06:06hrs | 12 | by Staff reporter
Setbacks hit Zimbabwe oilfields
AUSTRALIA Stock Exchange (ASX)-listed energy explorer Invictus Energy on Monday said it encountered some "minor" delays in preparing to drive the 12¼ hole section of its Mukuyu-1 exploration well due...Published: 18 Oct 2022 at 06:01hrs | | by Staff reporter
Zimbabwe has over 5.5 billion barrels of oil resource
Oil and gas explorer Invictus Energy (IVZ) has bolstered the potential prospective resource of its Cabora Bassa project in Zimbabwe to over 5.5 billion barrels of oil equivalent (boe).The comp...Published: 06 Oct 2022 at 19:10hrs | | by Staff reporter
Zimbabwe kicks off drilling first oil well
AUSTRALIA Stock Exchange (ASX)-listed energy explorer, Invictus Energy, kicked off drilling the first of two test wells at its Zimbabwe-based Cabora Bassa claims on Friday, marking an important step i...Published: 27 Sep 2022 at 05:59hrs | 1 | by Staff reporter
'Power cuts choke mines, industry'
THE mining sector has decried the rolling power cuts in Zimbabwe and neighbouring South Africa, saying they will severely affect the mining and manufacturing sectors.In a statement yesterday, ...Published: 27 Sep 2022 at 05:57hrs | 3 | by Staff reporter
Zimbabwe joins exclusive club with gas project
AFRICA Oil Week, a prestigious global platform for stimulating deals and transactions across the continent held annually, will this year host Zimbabwe's Energy Minister, Soda Zhemu.For over 25...Published: 24 Sep 2022 at 06:16hrs | | by Staff reporter
Africa's oldest known dinosaur unearthed in Zimbabwe
The remains of a new species of plant-eating dinosaur has been unearthed in northern Zimbabwe. It is part of a huge assemblage of fossils from the Late Triassic that could help us understand how the p...Published: 01 Sep 2022 at 06:35hrs | 8 | by Staff reporter
'Zimbabwe oil could be new source of conflict'
CENTRE for Natural Resource Governance executive director Farai Maguwu has warned that the possible oil findings in Muzarabani could lead to conflict.Recently, the Britain-based independent oi...Published: 10 Aug 2022 at 06:33hrs | | by Staff reporter
Fresh discovery at Zimbabwe oilfields
AUSTRALIA-headquartered oil and gas outfit, Invictus Energy announced fresh discoveries at its Zimbabwe-based Mukuyu gasfields on Monday, as it laid out plans to blast its first test well from next mo...Published: 26 Jul 2022 at 06:41hrs | | by Staff reporter
Oil, gas equipment lands in Zimbabwe this week
INVICTUS Energy, the Australian firm exploring oil and gas in Muzarabani and Mbire districts of Mashonaland Central, north of Zimbabwe, expects the first batch of key pieces of the exploration drillin...Published: 26 Jun 2022 at 08:08hrs | 13 | by Staff reporter
Game-changing oil rig Zimbabwe-bound
INVICTUS Energy, the southern Africa-focused resources firm, says a rig that is set to drill test wells at the Cabora Bassa project in Zimbabwe has begun the crucial journey from Tanzania.#Exa...Published: 09 Jun 2022 at 06:43hrs | 6 | by Staff reporter
Govt to get 10% equity in Muzarabani oil/gas project
THE Government, through the Sovereign Wealth Fund of Zimbabwe (SWFZ), will hold 10 percent equity in the Muzarabani-Mbire oil and gas project without spending cash during the exploration phase (known ...Published: 30 Mar 2022 at 07:15hrs | | by Staff reporter
Invictus confirms Zimbabwe gas, oil deposits
INVICTUS Energy Limited (IEL) says the processing and reprocessing of data around the Cabora Bassa project has shown signs of hydrocarbons, confirming potential natural gas and crude oil deposits....Published: 01 Mar 2022 at 05:37hrs | 7 | by Staff reporter
Zesa imports extra 480MW
Zesa Holdings is set to add 480 megawatts to its supply over the next two months to bridge the power deficit that has resulted in increased load-shedding at a time it is battling annual losses of $1,5...Published: 22 Nov 2021 at 05:51hrs | 7 | by Staff reporter
Zesa promises to improve electricity supply
Electricity supplies are set to improve soon as Zesa completes a cocktail of interventions to end the major load shedding that has hit residential areas hard and has even affected industrial areas alt...Published: 14 Oct 2021 at 06:22hrs | | by Staff reporter
Invictus acquires seismic data for Cabora Bassa project
OIL and gas-focused Invictus Energy (Invictus) says it will next week commence the acquisition of the seismic data for its Cabora Bassa project in Zimbabwe.The Australian-listed company report...Published: 31 Aug 2021 at 06:14hrs | 7 | by Staff reporter
Zimbabwe planning a new tourism town in remote Kanyemba
GOVERNMENT is planning a new tourism and trade-based town in far-flung Kanyemba, right at the confluence of the Zambezi and Luangwa rivers that spill into Mozambique's Cabora Bassa, explaining Vice Pr...Published: 13 Aug 2021 at 13:49hrs | | by Staff reporter
Zimbabwe's energy import debt shoots to US$97m
ZESA's debt to Hidroelectrica de Cahora Bassa (HCB) rose to US$97 million last year, up from just over US$45 million in 2019, the Mozambican power supplier HCB says.Zimbabwe was the second lar...Published: 06 May 2021 at 05:46hrs | | by Staff reporter
Grand deal inches closer before oil find
INVICTUS Energy, the Australian company that is scouring Zimbabwe's northeastern front for potentially lucrative oil or gas endowments, says it has inched closer to inking a crucial production sharing...Published: 06 Dec 2020 at 08:19hrs | 6 | by Staff reporter
Zimbabwe may hold solution to Africa's energy crisis
BACK in the early 1990s, Mobil was exploring for oil in Zimbabwe when it came across large hydrocarbon resources in the Cabora Bassa Basin.The petroleum giant explored over an area extending a...Published: 21 Sep 2020 at 20:44hrs | | by Staff reporter
Zimbabwe govt wants share in Invictus oil deal
Zimbabwe is pushing for a stake in Invictus Cabora Basa oil project in Muzarabani. Mines Minister Winston Chitando said that the Government will get a certain percentage of the production. The...Published: 17 Sep 2020 at 06:33hrs | | by Staff reporter
Zimbabwe, SA to implement programmes under Trans-Limpopo initiative
Matabeleland region is poised for economic growth following a crucial meeting in Polokwane, South Africa to operationalise programmes under the auspices of the Trans-Limpopo Spatial Development Initia...Published: 02 Sep 2019 at 07:38hrs | 24 | by Staff reporter
Zimbabweans should brace for higher electricity tariffs, says Mthuli Ncube
ZIMBABWEANS have no choice but to expect higher electricity tariffs if power utility Zesa is to continue to be able to supply the commodity, Finance Minister Professor Mthuli Ncube has said.Nc...Published: 29 Jul 2019 at 07:39hrs | | by newzimbabwe
Huge Zimbabwe oil, gas potential for Invictus, findings show
INVICTUS Energy Limited (IEL) says findings by a United Kingdom-based firm show a potential of 1,3 billion barrels of oil-equivalent, which consists of 200 million barrels of condensate.Natura...Published: 02 Jul 2019 at 08:27hrs | | by Staff reporter
Voting influenced by slate will result in a weak MDC
As Congress temperatures reach heatwave levels,it is time I urge caution,forensic,intrinsic,none greed action so we help build a balanced,human resource with substance and attraction,not the cheap who...Published: 22 May 2019 at 07:23hrs | | by Isaac Mupinyuri
Zimbabwe oil prospects increase
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 pro...Published: 15 Apr 2019 at 06:34hrs | | by Staff reporter
Zimbabwe oil project progress encouraging
Independent oil and gas exploration company, Invictus Energy Limited, says it has made significant progress in its Cabora Bassa Project work programme for the quarter ending December 31,2018. ...Published: 28 Jan 2019 at 10:32hrs | | by Business Weekly.
Invictus ready to roll out oil project
Invictus Energy has capacity to handle the multi-billion dollar Cabora Bassa Project that encompasses the Mzarabani Prospect and there is nothing amiss with its funding model, managing director Scott ...Published: 09 Nov 2018 at 06:23hrs | | by Staff reporter
Zimbabwe oil: More details released
The Muzarabani oil project has high potential to produce 3,9 trillion cubic feet (tcf) of natural gas and 181 million barrels of conventional gas, Australia-listed company, Invictus Energy, has confir...Published: 06 Nov 2018 at 05:19hrs | | by Staff reporter
Did Mnangagwa lie on oil?
Contrary to The Herald story that President Mnangagwa confirmed the positive presence of oil in Muzarabani, Invictus energy Limited has issued a statement that there is no discovery of oil yet. ...Published: 02 Nov 2018 at 06:27hrs | | by Mandla Ndlovu
Billions earmarked for Zimbabwe oil project
Australian petroleum company, Invictus Energy Limited, which recently confirmed the potential of oil in Muzarabani, Cabora Bassa Basin, in Mashonaland Central, says it is still in the early stages of ...Published: 05 Oct 2018 at 07:50hrs | | by Staff reporter
Makandiwa prophesied Zimbawe oil discovery in 2015
The recent discovery of oil in Zimbabwe, as confirmed by Australian company Invictus Energy Limited on Monday, was prophesied by United Family International Church leader Emmanuel Makandiwa in 2015. ...Published: 29 Sep 2018 at 12:43hrs | | by Staff reporter
Oil prospects in Zimbabwe confirmed
AN Australian company Invictus Energy Limited has confirmed the potential of oil in Muzarabani, Cabora Bassa Basin in Mashonaland Central Province 25 years after Mobil carried similar studies in the a...Published: 26 Sep 2018 at 06:59hrs | | by Staff reporter
Zimbabwe to halve power import bill
ZIMBABWE is set to reduce the power import bill by 50 percent following the addition of another 150 megawatts to the national grid from the Kariba South expansion project today.In 2014, Govern...Published: 10 Mar 2018 at 09:28hrs | | by Staff reporter
Late general Muchemwa poisoned by South African intelligence
National Hero Brigadier-General (Retired) Dr Felix Muchemwa died from asernic poisoning administered by apartheid South African intelligence agents while he was on active military service in Mozambiqu...Published: 19 Jun 2016 at 09:50hrs | | by Tinashe Farawo
Govt to roll out pilot solar geyser project
GOVERNMENT will next month embark on a pilot solar geyser project as the nation phases out electric ones.Addressing delegates at a national water heating stakeholders consultative workshop in ...Published: 28 Mar 2016 at 10:32hrs | | by Staff reporter
South Africa, Zambia stop electricity supplies to Zimbabwe
South Africa and Zambia have stopped supplying power to Zimbabwe a situation that will result in increased load shedding.Zimbabwe requires 2 200 megawatts at any given period during peak perio...Published: 14 Jun 2015 at 06:58hrs | | by Thobekile Zhou
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