There is fear that a good number of Malawians could lose their jobs in a number of companies because of smuggling. Despite the government’s promise to enhance border patrols, the situation on the ground is different as smugglers continue to evade tax easily while frustrating local manufacturers at the same time. A snap survey at […]
Environmental activist Godfrey Mfiti has maintained that exploration and drilling of oil on Lake Malawi should not be rushed until the country put enabling legislation to govern the country’s natural resources. Mfiti, who is also a senior official at Wild and Environmental Society of Malawi (Wesm), said licences government awarded to oil exploration companies were based on […]
RAK Gas MB 45 Limited, a gas and oil exploration firm, in collaboration with Akatswiri Consultancy and Enviro Consultancy, says it has completed an environmental impact assessment on oil exploration in Machinga, Salima and Mangochi. The firm’s director of media and public relations Martin Kansichi said in an interview on Monday they are ready to […]
As we keep on giving true and accurate information to the citizens of the Warm Heart of Africa and the entire world on Malawi’s Petroleum Sector, Nyasa Times, through its investigative desk conducted another fact finding exercise to find out on the Petroleum Licences’ Moratorium (Suspension) and their subsequent reinstatement. As a background, Malawi granted […]
The global Mining sector has for long time been considered an engine for the socio_economic development of many States. Even though Minerals as well as Oil and Gas are finite resources, their sustainable exploitation reallocates the country’s economic status from being impoverished, to developing and then developed State. The nation’s extractive industry can improve the […]
Members of Kanyenda Area Development Committee (ADC) on Tuesday expressed satisfaction with Hamra Oil Company’s plan to explore oil and gas on the shore of Lake Malawi. Speaking during ADC meeting at Kanyenda Teacher Development Committee (TDC), Senior Group Village Headman Kalewa who represented Senior Chief Kanyenda expressed satisfaction, saying he could see his area […]
Nkhotakota District Executive Committee (DEC) has asked United States of America (USA) based Hamra Oil Holdings to put its oil mapping exercise on hold until they present Environment and Social Impact Assessment (ESIA) report to the committee. DEC members wondered why the company was interested in the one month long planned oil mapping exercise in […]
Malawi aims next year to debate fresh oil and gas legislation following a review process to revamp the 1983 Petroleum Act, due to conclude in December. The delayed release of the country’s revised Petroleum Policy is now expected in November this year. Some 60% of designated acreage, divided into six blocks, lies on land adjacent […]
Despite the well-documented curse of ‘black gold’, it is an un-deniable fact that many countries around the world have reaped huge economic gains and continue to earn top dollar from their oil extraction endeavours. Oil is still a hugely sought after commodity around the world and will continue to be one of the most traded […]
Anti-Corruption Bureau has launched investigation into whether money corruptly changed hands during the rushed signing of production-sharing agreements in regard to three of Malawi’s petroleum blocks just eight days before May 20 2014 elections in the country. The probe was requested by a range of Malawian civil society organisations and international NGO Oxfam. The awarding […]
Tanzania says it is maintaining its claim that it owns half of the eastern part of Lake Malawi and it wants a share of the oil resources in the lake which they call Lake Nyasa. For decades, Malawi and Tanzania have been at loggerheads over the lake’s boundaries. While Malawi claims ownership of the entire lake […]
Parliamentary Committee on Natural Resources and Climate Change chairperson Werani Chilenga has said the decision by government to to proceed with oil and gas exploration in Lake Malawi amid resistance from environmentalists is worrying, saying there should be a petroleum policy and a revised Petroleum Act. Chilenga and his committee on Tuesday met officials of the Ministry […]
President Peter Mutharika has said that Malawi will go ahead with the plan to drill poil and gas in the Lake Malawi, saying there is nothing to worry on aquaculture as well as human life. Mutharika, speaking on Wednesday in the Eastern Region lakeshore district of Mangochi during this year’s World Water Day commemorations, appealed to […]
A damning consultancy report has faulted the government for questionable oil exploration contracts on Lake Malawi and its move to make the deals secret. The petroleum exploration on Lake Malawi report says the contract, which Malawi signed in May 2014, leaves a lot to be desired. The report which is titled ‘Malawi’s troubled oil sector; […]
This article pops up in this popular e-news platform as a response to an article, Malawi: Mystery Payment to Malawi Govt Related to Oil, Gas Concessions by Collins Mtika which appeared in the same forum on 22nd August, 2016. In the article, Mr. Mtika alleged that RakGas Company, one of the oil and gas exploration […]
The crusade of oil exploration in block one in the northern part of Lake Malawi has now reached at its climax forcing the renowned human rights activist Undule Mwakasungula to leave the pulpit and embark on mass sensitisation. This comes amid the alleged report that government has given Sac Oil Company a go ahead with […]
Minister of Natural Resources, Energy and Mining, Bright Msaka vowed Tuesday to press on with oil and gas exploration on Lake Malawi, dismissing World Heritage Centre warning, especially the bloc that has the Lake Malawi National Park which is a world heritage site. Msaka said government cannot compromise the lake in pursuit of oil. “Government […]
The World Heritage Center has asked Malawi government to withdraw oil exploration in Lake Malawi, protesting the decision to grant an exploration concession at a world heritage site, the Lake Malawi National Park. In a letter dated July 29, 2016 sent through Malawi Charge de affairs in Brussles, Belgium Joseph Chiteyeye, the Director of World […]