Auction of Congolese oil & gas blocks: Patrick Muyaya reminds Greenpeace that DRC has rights to exploit its wealth 1 Mining in DRC Energy Oil & Gas 

Auction of Congolese oil & gas blocks: Patrick Muyaya reminds Greenpeace that DRC has rights to exploit its wealth

The Minister of Communication, Patrick Muyaya insisted on the need for the Democratic Republic of Congo to exploit its oil and gas blocks in order to allow the country to benefit from the advantages of its wealth.  During the joint briefing with the Ministry of Tourism, held on Wednesday July 20, the government spokesperson responded to the denunciations of the international environmental protection NGO, Greenpeace. Patrick Muyaya reminded this NGO that there are current oil drilling techniques that are safe for the ecosystem.  “There are current drilling technologies that make it… Read More Here
Auction of oil and gas blocks in the DRC: Modero Nsimba refutes the denunciations of Greenpeace 2 Mining in DRC Energy Oil & Gas 

Auction of oil and gas blocks in the DRC: Modero Nsimba refutes the denunciations of Greenpeace

The Minister of Tourism, Modero Nsimba responded to the international environmental protection NGO, Greenpeace, which invited, in its press release of Tuesday July 19, the oil and gas majors to refrain from buying rights to 27 oil blocks and 3 gas blocks auctioned by the authorities of the Democratic Republic of Congo in order to protect biodiversity. It was during the government briefing on endangered protected areas held on Wednesday 20 July. The Minister of Tourism denounced the attitude of the NGO Greenpeace which, according to him, is in the process… Read More Here
Cameroon’s anti-graft agency says investigations into Glencore bribery underway 3 Energy Mining Companies 

Cameroon’s anti-graft agency says investigations into Glencore bribery underway

Cameroon’s anti-corruption agency is investigating claims by miner and commodities trader Glencore Plc that it paid bribes to officials at state-run companies in exchange for favours, an official said on Tuesday. Dieudonne Massi Gams, chairman of the central African country’s National Anti-Corruption Commission (CONAC), told Reuters that the agency had set up a commission of inquiry since complaints made by civil society and local media. “We are working on it and will take our time in order to produce good results,” Gams said, without giving further details. In June, Glencore’s UK subsidiary … Read More Here
Greenpeace denounces the auctioning of oil and gas blocks in the DRC 4 Mining in DRC Energy Oil & Gas 

Greenpeace denounces the auctioning of oil and gas blocks in the DRC

Environmental organization Greenpeace on Tuesday urged oil and gas majors to refrain from buying rights to 27 oil blocks and 3 gas blocks auctioned by authorities in the  Democratic Republic of Congo  to protect biodiversity, according to a press release. Tenders for the allocation of rights to these blocks will be launched on July 28, the Congolese Minister of Hydrocarbons, Didier Budimbu, announced on Monday.  The oil blocks concerned are spread over several regions of the country: three in the coastal basin, nine in the central Cuvette, eleven in the Graben of… Read More Here
DRC auctions off 27 oil blocks and 3 gas blocks 5 Energy Mining in DRC Oil & Gas 

DRC auctions off 27 oil blocks and 3 gas blocks

The Congolese authorities announced on Monday that they had decided to auction twenty-seven oil blocks and three gas blocks in  the Democratic Republic of Congo , ignoring criticism from Greenpeace, we learned from an official source. Out of 32 blocks initially selected, calls for tenders for the allocation of rights will be launched on July 28 for 27 oil blocks, in particular the two blocks returned by Israeli businessman Dan Gertler and 3 gas blocks. declared Didier Budimbu, Congolese Minister of Hydrocarbons. The blocks concerned are distributed as follows over several corners… Read More Here
COMMISSIONING OF 500MVA 330/220/33KV MUKUNI SUBSTATION IS ZESCO’S STEP FORWARD IN THE CHAMPIONS LEAGUE 6 Energy Mining in Zambia 

COMMISSIONING OF 500MVA 330/220/33KV MUKUNI SUBSTATION IS ZESCO’S STEP FORWARD IN THE CHAMPIONS LEAGUE

We are pleased to announce the commissioning of the 500MVA 330/220/33KV Mukuni Substation in a quest to boost power supply to various sectors of our economy. The commissioning of this substation will significantly reduce the power deficit and deliver economic dividends to our people in the short and long term. Furthermore, this commissioning signifies the corporation’s positive steps towards the improvement of power supply and enhanced power trading among market players of the Southern African Power Pool (SAPP). It is worth noting that this project falls within the scope of… Read More Here
ANGLO AMERICAN INVESTS IN SANERGY ORGANIC WASTE UPCYCLING 7 Mining in Zambia Energy 

ANGLO AMERICAN INVESTS IN SANERGY ORGANIC WASTE UPCYCLING

Anglo American has agreed to lead the latest investment round of Sanergy Inc, an organic waste upcycling business with operations in Kenya. Sanergy’s innovative solutions are helping to transform how fast-growing cities in the developing world manage waste by upcycling it into high value agriculture and energy products – such as insect-based protein for animal feed, organic fertiliser for regenerative farming and biomass fuel for sustainable, localised power sources. Sanergy’s zero-waste approach, founded on the principles of circularity, contributes to protecting human health and reducing environmental emissions, promoting sustainable agriculture,… Read More Here
ZESCO, CEC ink 13 year new Bulk Supply Agreement 8 Mining in Zambia Energy 

ZESCO, CEC ink 13 year new Bulk Supply Agreement

ZESCO Limited is pleased to announce the successful signing of a 13 year Bulk Supply Agreement with the Copperbelt Energy Corporation (CEC) effective 1st April 2022. This Agreement was signed two years after the expiry of the Bulk Supply Agreement between the two institutions that had been in existence from 21st November 1997 to 31st March 2020. The expiry of the old Bulk Supply Agreement was preceded by unsuccessful attempts to negotiate a successor agreement which was followed by a two-year period of trade on disputed terms between the two… Read More Here
58.2 million USD paid to oil companies in June 2022 as state subsidies- DRC 9 Mining in DRC Energy Oil & Gas 

58.2 million USD paid to oil companies in June 2022 as state subsidies- DRC

The Government of the Democratic Republic of Congo (DRC) paid 58.2 million US dollars as subsidies for petroleum products at the pump to petroleum companies established on the national territory. This was indicated by the Congolese Minister of Finance, Nicolas Kazadi, quoted by Patrick Muyaya, Spokesman of the Government, on the occasion of the sixtieth meeting of the Council of Ministers. “Petroleum product price subsidies at the pump were paid in the amount of USD 58.2 million in June 2022,” Congolese government spokesman Patrick Muyaya said. According to the National… Read More Here
Exploitation of 16 oil blocks, Didier Budimbu requests involvement of heads of diplomatic missions accredited in the DRC 10 Mining in DRC Energy Oil & Gas 

Exploitation of 16 oil blocks, Didier Budimbu requests involvement of heads of diplomatic missions accredited in the DRC

The Minister of Hydrocarbons of the Democratic Republic of Congo (DRC), Didier Budimbu, invited the heads of diplomatic missions accredited in the DRC to invest in playing the bridge between investors from their respective countries and oil exploitation opportunities and gas that the country offers. The Congolese Minister of Hydrocarbons made this call during a business dinner organized by Monday, June 27, 2022 in Kinshasa. This ceremony was attended by several political personalities including senators and national deputies. The former Ministers of Hydrocarbons, notably Célestin Mbuyu, Rubens Mikindo, Musa Mondo… Read More Here

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