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Latest Congos Oil & Gas News

  • India loads up presents for African safari 13 May 2008 10:34 GMT
    ... challenge in Africa, with interests in diamonds, oil and gas, minerals and information technology (IT) ... resource-rich countries such as Sudan, Angola and Congo, investing billions of dollars and extending easy loans ... plans in Nigeria. In Sudan, China National Petroleum Corporation, ONGC and Malaysia's Petronas are the ...

  • The Indian elephant returns to Africa 13 May 2008 10:34 GMT
    ... with African states such as Angola, Botswana, Congo and South Africa, which account for 90% of ... to increase given its growing dependence on oil imports from the region, as 70% of Africa's ... imports. Notably, India's state-owned Oil and Natural Gas Corporation Videsh (OVL) has invested $2 billion ...

  • Central Africa: Make Peace, Not War [editorial] 13 May 2008 10:32 GMT
    ... last Uganda and the Democratic Republic of Congo (DRC) have signed an agreement to end tension ... the discovery, some weeks ago, of an oil field in the area. The DRC army is ...

  • Make Peace, Not War 13 May 2008 10:32 GMT
    ... last Uganda and the Democratic Republic of Congo (DRC) have signed an agreement to end tension ... the discovery, some weeks ago, of an oil field in the area. The DRC army is ...

  • Tullow Oil plc - Successful Taitai-1 Exploration Well in Uganda 13 May 2008 08:06 GMT
    ... 13, 2008 /PRNewswire via COMTEX/ -- Tullow Oil plc (Tullow) announces that the Taitai-1 exploration ... has proved the existence of a working petroleum system over 70 kilometres from the previous ... also has exploration interests in Mauritania, Senegal, Congo (DRC), Tanzania, Madagascar, Namibia and Angola. In South ...

  • UN Peacekeeping Paramilitarism 13 May 2008 04:52 GMT
    ... to pursue its greater prize in resource-rich Congo (DRC). It didn't matter that hundreds of thousands ... the world (except for not having large oil reserves). That makes it a key target for ...

  • China Drills Into Africa with $5.4 Billion Investment 13 May 2008 04:47 GMT
    ... sectors, its principle interest seems to be oil. China is growing at record rates and ... Africa has scores of oil and mineral reserves, and those reserves are in countries in ... The copper industries of Zambia and the Congo are flush with Chinese investments, as are the ...

  • India Recovers Lost Ground in the International Energy Game 13 May 2008 04:45 GMT
    ... too soon given the advent of rising oil prices, India's unprecedented growth levels, lack of ... exploration since 2000 while Chinese-owned China National Petroleum Corporation (C.N.P.C.) has made overseas investments of ... energy assets in Nigeria, Chad, Angola, Cameroon, Congo and Gabon in Africa as well as in ...

  • The first India-Africa summit has opened 13 May 2008 04:36 GMT
    ... in Senegal and Mali, cement factories in Congo, construction projects in Ghana, military structures in Sierra ... mere market". The rise in food and oil prices is a serious problem for many African ...

  • Trying Times in Darfur and the Establishment of International Criminal Law 13 May 2008 04:31 GMT
    ... resources has led it to court Khartoum's oil fields in southern Sudan; it is unlikely to ... in Uganda and the Democratic Republic of Congo have established the court's ability to operate in ...

  • Sino-U.S. Energy Competition in Africa 13 May 2008 04:31 GMT
    ... ith oil prices hitting record levels of US$70 per ... energy interests diverge in Africa. China National Petroleum Corporation established oil exploration rights in Sudan ... peacekeeping contingent to the Democratic Republic of Congo, as well as provided uniforms to Mozambique's army, ...

  • Chad's Cycle of Instability Gains Momentum 13 May 2008 04:31 GMT
    ... with the Bank on the allocation of oil revenues. Although the ruptures in Chad's political ... consortium including ExxonMobil, ChevronTexaco and Malaysia's Petronas. Petroleum exports began in 2003, after a pipeline ... -- Cameroon, Central African Republic, Republic of Congo, Equatorial Guinea and Gabon -- issued a statement ...

  • Northeast African States Demand Greater Share of Nile River Water 13 May 2008 04:31 GMT
    ... its position as a result of high oil prices and substantial oil exports, also demands a ... basin countries -- the Democratic Republic of Congo, Burundi, Rwanda, Uganda, Sudan, Egypt, Eritrea, Ethiopia, and ...

  • Instability on the March in Sudan, Chad and Central African Republic 13 May 2008 04:31 GMT
    ... by weak rulers, and the prospect of oil wealth is attractive for their domestic rebel movements. ... Sudan's largest investor in its oil and gas industry and has protected its investments with ... notably Somalia and the Democratic Republic of Congo, might also require U.N. resources. While these factors ...

  • The Increasing Importance of African Oil 13 May 2008 04:31 GMT
    ... production, and one in four barrels of oil discovered outside of the U.S. and Canada ... oil from Africa, mostly from Sudan, Angola, Congo, and Nigeria. In each of these countries, a ... fields as part of the Greater Nile Petroleum Operating Company, in which India and Malaysia ...

  • Faint Signs of Political Evolution Appear in Somalia's Devolutionary Cycle 13 May 2008 04:31 GMT
    ... resources for predictive intelligence. Devolution Deepens As Congo's ambassador to the United Nations, Pascal Gayama, said ... 9 that debate over a proposed Somali Petroleum Corporation (S.P.C.) became so heated that "the ... T.F.G., generating confusion and opposition. Although Somalia's oil reserves are unproven, small energy companies, the ...

  • Western Conflict in Sudan Threatens to Derail Peace Process 13 May 2008 04:31 GMT
    ... Uganda and Ethiopia and purchased weapons from Congolese rebels. After the Addis Ababa agreement, the ... and, in October 2000, large caches of oil were discovered in the southern region. In September 2001, ... advantages that the government does not: the oil fields that contain the economic future of the ...

  • Roughnecks riding faster, smoother 13 May 2008 00:46 GMT
    ... a more substantial deepwater port for the oil and gas industry, Seacor officials say. The ... Sonangol, a partly state-owned corporation that oversees petroleum and natural gas production in Angola, on ... its offshore fields in and around the Congo Basin. Seacor officials said they expect demand for ...

  • Strengthening India- Africa Ties 13 May 2008 00:16 GMT
    ... to $25 billion in 2006-07 (inclusive of oil imports). This transformed relationship is driven by a ... places such as the Democratic Republic of Congo, Rwanda, Sierra Leone, Liberia and Ivory Coast. After ... oil companies like the Oil and Natural Gas Corporation Videsh Limited (OVL) have invested in ...

  • Africa Incorporated 13 May 2008 00:16 GMT
    ... other hand, Angola, the Democratic Republic of Congo, Sierra Leone, Somalia, Algeria, and Sudan continue to ... some of the world?s most concentrated mineral, oil, and gas reserves, Africans recognize that there is yet-untapped ...

  • Challenges Give Way to Opportunities 13 May 2008 00:16 GMT
    ... in places like Sudan, Somalia and the Congo, where perennial wars have stagnated development despite the ... a lot of success. Africa?s opportunities include oil and gas found mainly in Angola and Libya, mining ...

  • African Union, the Superpower in Waiting 13 May 2008 00:16 GMT
    ... uranium, and 20 percent of the total petroleum traded in the world market? No other ... as well as the Democratic Republic of Congo’s diamond warfare? An African Defense Force (ADF), ...

  • China Weds Africa 13 May 2008 00:03 GMT
    ... platinum, gold, diamonds, coal, ferrochrome, nickel, methane gas, etc. china is now easily the major ... Nigeria attaining the reality of a viable oil refinery for its vast number of Africans. Resource-rich ... riches of Zambia and Democratic Republic of Congo are on a new road that will open ...

  • Africa's Beautiful Leaders: Not yet Born 12 May 2008 22:46 GMT
    ... detrimental as witnessed in the ailing National Oil Company of Zimbabwe (NOCZIM), ZESA (electricity authority) and ... and civil society were met with tear gas and violence. Intellectuals have often been sidelined ... in Africa are abound – Benin, Cameroon, Congo, Gabon and Zimbabwe. An eminent economist George Ayittey ...

  • Ghana: Lessons from Botswana's Diamond Production 12 May 2008 22:46 GMT
    ... other African states, the on-going debate about oil find in Ghana has been more balanced and indicative ... media. How Accra develops an oil and gas policy will either make it different from ... Leone and the Democratic Republic of the Congo), Botswana rolled out prudent macro-economic policies, underpinned by ...


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