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Zambia

TAG Oil secures three-year extension to evaluate BED-1 oil field in Egypt

TAG Oil extends the BED-1 evaluation period until October 2028, committing to drill two new wells before deciding on full-scale development of the Abu Roash F reservoir.

The $400 Million Israel-Cyprus Gas Pipeline Awaits Government Approvals

A $400 million natural gas pipeline connecting Israel to Cyprus, with a capacity of 1 billion cubic meters per year, is awaiting government approvals, according to Energean’s CEO.

Chad aims to double its oil production to 250,000 barrels per day by 2030

Faced with declining production, Chad is betting on an ambitious strategy to double its oil output by 2030, relying on public investments in infrastructure and sector governance.
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Lukoil sells its African oil assets to Gunvor under pressure from US sanctions

Swiss trader Gunvor will acquire Lukoil’s African stakes as the Russian company retreats in response to new US sanctions targeting its overseas operations.

Scatec cuts debt by 27% and reaches record 3,392 MW in projects

Scatec strengthened growth in the third quarter of 2025 with a significant debt reduction, a rising backlog and continued expansion in emerging markets.

QatarEnergy acquires 40% of North Rafah offshore block in Egypt alongside Eni

QatarEnergy has acquired a 40% stake in the North Rafah offshore exploration block, located off Egypt’s Mediterranean coast, strengthening its presence in the region in partnership with Italian group Eni.
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First El Dabaa nuclear reactor receives 330-tonne pressure vessel

The reactor vessel for Unit 1 at Egypt’s El Dabaa nuclear plant has been delivered following a 20-day maritime transport from Saint Petersburg, marking a critical milestone in the country’s energy project.

Kenya Airways deploys a 50% SAF flight to secure a regional hub

The carrier uses mass balance and Book & Claim allocation to test demand, structure certified revenues, and prepare domestic capacity targeted for 2026 amid already intensifying regional competition.

Egypt seeks to attract Japanese manufacturers to Suez Canal zone

During his visit to Tokyo, the SCZONE chairman presented industrial and logistics projects aimed at establishing the Suez Canal as a regional hub for alternative fuels and supply chains.
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Stardust Solar expands into Africa with first national franchise in Zambia

Canadian firm Stardust Solar grants its first African franchise to Megatricity Energy in Zambia, launching a new phase of expansion into emerging solar energy markets.

Jordan: exporting its electricity via Syria, operational levers and constraints

Jordan can export electricity if three conditions align: fuel availability for its power plants, measurable system surplus, and a functional transit framework via Syria to Lebanon with clear metering and settlement rules.

Egypt and UAE join forces to connect electricity to Europe

The Egyptian government and UAE-based K&K have signed an agreement to finalise studies for an electricity interconnection project linking Egypt to Europe via Italy.
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AXIAN Energy takes control of 54 MWp solar plant in Zambia

AXIAN Energy has acquired a majority stake in the Bangweulu solar plant in Zambia, strengthening its pan-African solar strategy while entering a rapidly growing energy market.

BP launches five-well offshore gas drilling campaign in Egypt

BP has awarded Valaris a $140mn drilling contract for a Mediterranean offshore campaign aimed at reinforcing Egypt’s declining gas output since 2021.

Egypt to drill 480 new oil and gas wells by 2030

Egypt’s petroleum ministry will launch 480 exploration wells by 2030 with investments exceeding $5.7bn, aiming to revive production and reduce reliance on imports.
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Empower New Energy signs major industrial solar deal in Tunisia

Norwegian developer Empower New Energy expands in North Africa with a strategic partnership involving ten industrial solar sites for self-consumption in Tunisia.

ZimZam 2025 mobilises energy players to accelerate regional integration

More than 40 developers will gather in Livingstone from 26 to 28 November to turn Southern Africa’s energy commitments into bankable and interconnected projects.

African nations focus on local processing to boost critical minerals value

Amid rising global demand for low-carbon technologies, several African countries are launching a regional industrial strategy centred on domestic processing of critical minerals.
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Ethiopia launches $2.5bn refinery to reduce fuel import dependency

Ethiopia has begun construction of its first crude oil refinery in Gode, a $2.5bn project awarded to GCL, aimed at strengthening the country’s energy security amid ongoing reliance on fuel imports.

QatarEnergy acquires 27% stake in Egypt’s offshore North Cleopatra block

QatarEnergy continues its international expansion by acquiring 27% of the offshore North Cleopatra block from Shell, amid Egypt’s strategic push to revive gas exploration in the Eastern Mediterranean.
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African Debt: Why Investors Must Anticipate Immediate Climate Impacts

African countries now spend more on debt service than on education and healthcare, limiting essential investments despite significant energy potential. The G20, under pressure, struggles to provide an adequate response to the financial and climate challenges.

Egypt authorises four private producers to supply 400 MW of electricity to industrial clients

Four renewable energy producers have been authorised to sell 400 MW directly to Egyptian industrial companies without public support.

AMEA Power commissions Africa’s largest wind power plant in Egypt

AMEA Power has completed the commissioning of a 500MW wind power plant in Ras Ghareb, bringing its total deployed capacity in Egypt to 1GW within six months.
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Sino-Egyptian energy deals worth $1.8bn signed during Cairo summit

China and Egypt concluded over 30 energy-focused agreements, including electric vehicles, smart grids and storage technologies.

Qair launches two hybrid solar plants totalling 30 MWp with storage in Chad

French group Qair has begun construction on two hybrid solar plants in N’Djamena totalling 30 MWp with battery storage, under a 20-year BOOT contract with the Chadian government.

Energean exits Moroccan offshore after gas drilling yields mixed results

Energean transfers its offshore stakes in Morocco to Chariot just one year after entering the market, following below-expectation outcomes from the Anchois-3 gas well.
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Zambia: Chisamba solar plant (100 MW) accelerates private energy transition

The Chisamba solar power plant, a major private project in Zambia with a $71.5 million investment, has reached 91% completion, aiming to bridge a structural energy deficit through a strategic partnership with a leading mining group.

OPEC+ Opens the Taps, IEA Forecasts Rebound in Global Oil Stocks

The International Energy Agency forecasts a significant rise in global oil stocks due to slowing demand in developed economies and OPEC+'s gradual production increases starting in 2025.

Zambia launches construction of 50 MW Cooma solar power plant

The Zambian government has launched works on the 50 MW Cooma solar power plant in the Choma district. The project is part of a broader strategy to diversify the country’s energy mix.
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Grid Africa and TCL Solar launch distributed solar projects in Zambia and Zimbabwe

The two companies join forces to deploy battery-backed solar systems in two Southern African countries, leveraging existing infrastructure to accelerate implementation.

The €4.2bn electricity project between Egypt and Greece takes shape

The Gregy-Elica submarine interconnection aims to deliver green electricity from Egypt to Greece, with confirmed support from the European Union and strengthened bilateral commitments.

Zambia launches $270mn power interconnection project with DRC

Zambia has approved the construction of a 200 km high-voltage line to DRC to diversify its electricity supply and boost regional trade.
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Ethiopia accelerates regional energy integration with Abbay Dam

Ethiopia is intensifying its role in East Africa's energy interconnection by focusing on hydropower and electricity exports to neighbouring countries.

ExxonMobil signs gas exploration deal with Egypt for two offshore blocks

Egypt signed a memorandum with ExxonMobil to restart natural gas exploration in the Mediterranean on the Cairo and Masry blocks amid a sharp decline in domestic production.

North Africa accelerates electric cable projects to Europe

Egypt, Tunisia and Morocco are investing in submarine interconnections to export their renewable electricity to European markets amid growing energy demand.
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TAG Oil sells New Zealand oil royalty interests for USD 2.5 mn

Canadian company TAG Oil has completed the sale of its interests in five production permits in New Zealand to Kiwi Royalty Limited, for a total consideration of up to USD 2.5 mn.

Halliburton posts 67% drop in net profit for the first quarter

Weaker North American market conditions weighed on Halliburton's quarterly results, despite strong international activity and revenues exceeding analysts’ expectations.

Egypt to drill 75 new oil wells to stabilise national output

The Egyptian government is launching a 75-well drilling campaign in the Eastern Desert, aiming for a 9% increase in crude output in fiscal year 2024/2025.
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France Chimie warns of potential closure of 47 plants due to trade war

France Chimie warns that 47 industrial sites in France and up to 350 across the European Union could shut down without an emergency response to the escalating trade tensions with the United States and China.

Greece establishes strategic map to regulate the exploitation of its maritime space

The Greek government formalises maritime zone planning to optimise resource exploitation, particularly in the energy sector, under European and international legal frameworks.
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