Zimbabwe Grants National Project Status to Invictus Energy’s Cabora Bassa Development

Zimbabwe Grants National Project Status to Invictus Energy’s Cabora Bassa Development Invictus Energy Limited has achieved a major milestone as Zimbabwe’s Ministry of Finance prepares to grant National Project Status to the company’s 80%-owned Cabora Bassa Project. This designation will unlock significant fiscal and non-fiscal incentives including duty exemptions, expedited permitting, and streamlined access to […]

China’s Sunrev Invests $200 Million in Major Egyptian Solar Manufacturing Hub

China’s Sunrev Invests $200 Million in Major Egyptian Solar Manufacturing Hub Chinese industrial group Sunrev has commenced construction of a massive $200 million solar components manufacturing facility in Egypt’s Suez Canal Economic Zone, marking a significant step in the country’s renewable energy manufacturing ambitions. The ambitious two-phase project spans 20 hectares in Ain Sokhna and […]

Tower Resources Secures Additional £250,000 for Cameroon Drilling Operations

Tower Resources Secures Additional £250,000 for Cameroon Drilling Operations Tower Resources has successfully expanded its bridge loan facility by 50%, increasing the total funding from £500,000 to £750,000 through its partnership with Gibraltar-registered Prime Resources. The enhanced funding will support the company’s upcoming drilling operations in Cameroon and advance its Namibia farm-out negotiations. The loan […]

Khalda Petroleum Slashes $18 Million in Costs Through Revolutionary Drilling Innovation

Khalda Petroleum Slashes $18 Million in Costs Through Revolutionary Drilling Innovation Egyptian oil company Khalda Petroleum has achieved remarkable operational breakthroughs, saving a staggering $18 million through innovative drilling technologies in just 18 months. The company, partnering with Apache, revolutionized drilling operations in Egypt’s Western Desert with game-changing efficiency improvements. The breakthrough came through optimizing […]