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DRC auctions oil exploitation permits in peat-rich Congo basin

Surrounded by major oil-producing countries such as Angola and the Republic of Congo, the DRC produces barely 23,000 barrels/day of oil, a drop in the

Democratic Republic of the Congo - Market Overview

Most raw mineral deposits remain untapped and have an estimated value of $24 trillion. The DRC is Africa largest producer of copper and the world largest producer of cobalt, a strategic metal used in battery manufacture. Prices for both metals have risen sharply in the past year.

DR Congo approves auction of oil blocks in one of the world's

By Chloé Farand. Cabinet ministers in the Democratic Republic of Congo have approved the auction of 16 oil blocks, including in one of the world’s largest carbon

榊ou think it over, but it begins again? can Virunga national park

To compound the feeling of d茅j脿-vu, the DRC government announced in July that it is auctioning 30 oil and gas exploration blocks spanning vast areas of the Congo Basin rainforest, including...

plantations et Huileries du congo

Sealed since 2018, the partnership between the Plantations et Huileries du Congo and the NGO MSI DRC Blog PHC Awards 2022: Plantations et Huileries du Congo honors its

Petroleum industry in the Republic of the Congo

Nearly all of the country's hydrocarbons were produced off-shore. According to the OPEC annual statistical bulletin of 2022, the Congo exported $5,785 billion worth of petroleum in 2021. This accounts for 79.3% of its net exports of $7,291 billion. [4] Oil and gas This section needs expansion with: examples and additional citations.

DRC Oil Exploration Raises Environmental Concerns Voice

DRC Oil Exploration Raises Environmental Concerns. August 05, 2022 2:25 PM. Mohammed Yusuf. FILE The hydroelectric power plant is seen in Virunga National

The World Bank in DRC

The Kin Elenda Project has financed completion of the first phase of the Ozone Water Treatment Plant, which will boost water production in Kinshasa by 110,000 cubic meters per day. Urban Between 2013 and 2021, the Urban Development Project (UDP) improved connectivity and livability for about 390,000 persons in eight secondary urban centers through upgrading of more than 31 kilometers of roads.

Energy in the Democratic Republic of the Congo

In 2008, the DROC produced 3,173 cubic metres (19,960 bbl) of oil per day and consumed 1,700 cubic metres (11,000 bbl) per day. As of 2007, the DROC exported 3,194 cubic

DRC Oil Exploration Raises Environmental Concerns - Voice of America

The Democratic Republic of Congo opened an auction last week for drilling rights in 30 oil and gas blocks. President Felix Tshisekedi called for companies to bid for the blocks, which are...