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Congos Oil & Gas News. Service for global professionals. Constantly updated news and information about Congos.
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  • Heritage Oil Enters Into a Letter of Intent to Sell Its Ugandan Interests for Up to US$1.5 Billion 25 Nov 2009 09:17 GMT
    ... FOR DISSEMINATION IN THE UNITED STATES Heritage Oil Plc (TSX:HOC)(LSE:HOIL), an independent upstream exploration and production company, ... and 2 in the Democratic Republic of Congo, which are currently awaiting presidential decree Eni proposes ... approximately US$150 million on its oil and gas interests in Uganda, since being awarded its ...

  • Why Uganda's Oil is Like Prostitutes And Gamblers [column] 25 Nov 2009 07:55 GMT
    ... the shrewd ex-mercenary and chief of Heritage Oil, is set to make GBP80million (Shs240 billion) from selling ... GBP80million (Shs240 billion) from selling its lucrative oil fields in Uganda. Buckingham has done a deal ... than 250 years in places like DR Congo and Sierra Leone, the miners of that time ...

  • Why Country's Oil is Like Prostitutes And Gamblers [column] 25 Nov 2009 10:50 GMT
    ... Why Country's Oil is Like Prostitutes And Gamblers [column] Nov 25, 2009 ... GBP80million (Shs240 billion) from selling its lucrative oil fields in Uganda. Buckingham has done a deal ... than 250 years in places like DR Congo and Sierra Leone, the miners of that time ...

  • A Year After Discovery, Congo's Mother Lode of Gorillas Remains Vulnerable 25 Nov 2009 11:30 GMT
    ... A Year After Discovery, Congo’s “Mother Lode” of Gorillas Remains Vulnerable A new ... the southwest border of Lac Télé Community Reserve after recent surveys confirmed that high densities ... to the swamp include new logging operations, oil exploration, an influx of refugees from neighboring Democratic ...

  • Speaking Out for Canada's Minerals Industry: Bill C-300 Threatens to Harm Canada's Global Reputation & Mining Business 25 Nov 2009 14:34 GMT
    ... which proposes the Corporate Accountability of Mining, Oil and Gas Corporations in Developing Countries Act. Members of ... France, United States, Belgium, Mexico and the Congo. "This legislation was written in haste without input ...

  • African Markets - Factors to watch on Nov 25 25 Nov 2009 06:10 GMT
    ... and develop the restive Niger Delta. NIGERIA OIL The Nigerian oil minister wants OPEC to limit output until the global economy ... Angola. DRC ECONOMY Democratic Republic of the Congo is expected to make an announcement on rescheduling ...

  • Will Africa's farmland become a "resource curse"? 25 Nov 2009 01:33 GMT
    ... Palm-oil trees in the making, Ivory Coast. Mike Davis ... the way to Ethiopia, and southward to Congo and Angola. “The World Bank and the FAO ... tract “one of the earth's last large reserves of underused land,” Rice reports. It evidently ...

  • Why Uganda's oil is like prostitutes and gamblers 24 Nov 2009 19:50 GMT
    ... Why Uganda’s oil is like prostitutes and gamblers I was quite tickled ... £80million (Shs240 billion) from selling its lucrative oil fields in Uganda. Buckingham has done a deal ... than 250 years in places like DR Congo and Sierra Leone, the miners of that time ...

  • Heritage Oil to sell Ugandan fields to Italy's Eni 24 Nov 2009 04:34 GMT
    ... British oil exploration company Heritage Oil PLC said Monday it ... cash or an interest in a producing oil field. Eni said the acquisition was part of ... Nigeria, Gabon, Mozambique and the Republic of Congo. Heritage chief executive Tony Buckingham said the agreed ...

  • Congo Gorillas Remains Vulnerable 24 Nov 2009 14:36 GMT
    ... a large swamp in the Republic of Congo—part of the "mother lode" of more than ... the southwest border of Lac Télé Community Reserve after recent surveys confirmed that high densities ... to the swamp include new logging operations, oil exploration, an influx of refugees from neighboring Democratic ...

  • Congo Gorillas Remain Vulnerable 24 Nov 2009 15:56 GMT
    ... a large swamp in the Republic of Congo—part of the "mother lode" of more than ... the southwest border of Lac Télé Community Reserve after recent surveys confirmed that high densities ... to the swamp include new logging operations, oil exploration, an influx of refugees from neighboring Democratic ...

  • Congo's 'Mother Lode' of Gorillas Remains Vulnerable 24 Nov 2009 04:33 GMT
    ... the southwest border of Lac Télé Community Reserve after recent surveys confirmed that high densities ... Domingos Dos Santos from the Republic of Congo Minstère de l'Economie Forestière. The swamp also supports ... to the swamp include new logging operations, oil exploration, an influx of refugees from neighboring Democratic ...

  • Human activities threaten vulnerable Congo gorillas 24 Nov 2009 09:45 GMT
    ... a large swamp in the Republic of Congo are becoming increasingly threatened by growing humans activity ... the southwest border of Lac Tele Community Reserve after recent surveys confirmed that high densities ... to the swamp include new logging operations, oil exploration, an influx of refugees from neighboring Democratic ...

  • Urgent need for cash behind Heritage sale 24 Nov 2009 10:54 GMT
    ... for cash behind Heritage sale Kampala Heritage Oil and Gas Company is apparently offering its business stakes ... in five other countries, the neighboruing DR Congo inclusive. Mr Buckingham said Heritage, one of the ...

  • Heritage sells fields to Eni, ends Genel Energy talks 24 Nov 2009 01:35 GMT
    ... would be better managed by a big oil company. However, the price was below most analysts’ ... & Prom’s interest in the M’Boundi in Congo field in 2007. Heritage’s 50 percent interests in ... in the DJ Stoxx European oil and gas sector index .SXEP. Eni shares rose 1.4 ...


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