Natural gas - Copperbelt Katanga Mining

Congo Takes the Lead in Advancing Gas Initiatives

February 16, 2024February 22, 2024 Constance

The Republic of Congo is a mature hydrocarbon market with proven resources, including 1.8 billion barrels of oil reserves and 284 billion cubic meters of natural gas reserves. Despite this, the country’s on- and offshore territory remains underexplored and operators have been slow to add value to crude resources. However, a new gas monetization drive, coupled with several offshore exploration and development programs, presents investors with dynamic opportunities in gas processing and refining, LNG trade and infrastructure upgrades. The upcoming Invest in African Energy (IAE) 2024 forum, scheduled for May… Read More Here

Oil & Gas Mining in DRC Natural gas

An investigation by Reuters and the TBIJ points to irregularities in the tender process for gas blocks in the DRC

November 5, 2023November 6, 2023 Arnie

The Reuters news agency and The Bureau of Investigative Journalism (TBIJ) published an investigation on Thursday last week about the award of a gas block to the Canadian start-up Alfajiri Energy Corporation even though it does not meet the prerequisites of the law. President Félix Tshisekedi, who is seeking re-election in December, has promised to rid the DRC of its reputation for opacity and for the first time, the ministry of hydrocarbons has organized a call for tenders for dozens of oil and gas blocks, some in environmentally sensitive areas. The… Read More Here

Oil & Gas Natural gas

Will the ‘gas rush’ benefit Africa? At COP27, activists are in doubt.

November 19, 2022November 19, 2022 Copperbelt Katanga News

The “gas rush” of Western powers plunged into the midst of an energy crisis represents a false promise for Africa’s development, worry activists and experts at COP27, who see the future on the side of renewables. The Russian invasion of Ukraine unleashed a storm on the energy markets and pushed the countries of the North, particularly Europe, to secure at all costs strategic supplies for their economy. Europeans are therefore eyeing African countries, which intend, for some, to take advantage of this new race. Senegal or the Democratic Republic of… Read More Here

Mining in Zambia Natural gas

Anglo American class action lawsuit rages on

October 25, 2022October 25, 2022 Janet

A class action lawsuit targeting mining giant Anglo American over alleged health problems caused by lead mines in central Zambia will hear who can participate in the case in November. The legal challenge filed in South Africa accuses the British-listed mining company of effectively poisoning villages in Kabwe, north of the capital Lusaka. “The way in which the mining operations were conducted in such close proximity to residents has resulted in huge levels of contamination of the soil,” says Richard Meeran, solicitor for Leigh Day in London, adding that this… Read More Here

Natural gas

Glencore ready to support the transition to a low-carbon economy

February 17, 2021February 17, 2021 Janet

Diversified mining and marketing company Glencore is poised to support the transition to a low-carbon economy, CEO Ivan Glasenberg said on Tuesday when the company announced it ended 2020 with earnings before interest, taxes, depreciation and amortization ( Ebitda) of $ 11.6. -billion, Covid-19 notwithstanding. “The Covid-19 pandemic is an extraordinary challenge that continues to impact many aspects of daily life. Against this backdrop, the strength of our underlying 2020 performance is an honor to our highly skilled and dedicated employees, and also reflects our unique business model and our ability to… Read More Here

Natural gas Mining in DRC Oil & Gas

DRC government authorizes PERENCO-REP to implement its natural gas exploitation project to produce electricity

September 6, 2020September 6, 2020 arnbethnic

The Council of Ministers of Friday September 4, under the direction of the Head of State, gave its discharge for the realization of the project of PRERENCO-REP to exploit natural gas in order to produce electricity. At the end of this meeting of the government, the Council of Ministers adopted the report of the Commission set up to study this file, giving its approval for: – reaffirmation of the need to carry out the project for the production and marketing of electricity obtained by the transformation of natural gas by… Read More Here

Oil & Gas Mining in DRC Natural gas

Tshisekedi has made energy security and investment his top priority

August 20, 2020August 20, 2020 Arnie

The administration of President Félix Antoine Tshisekedi has made energy security and investment its top priority, seeking to get massive hydropower projects off the ground. Surrounded by major African oil & gas producers Republic of Congo and Angola, the Democratic Republic of Congo (DRC) has so far remained relatively absent of Africa’s league of hydrocarbons producers. In 2019, only French independent Perenco produced from the DRC, at an average rate of 25,000 boepd from 11 onshore fields. In this context, the administration of President Félix Antoine Tshisekedi has made energy… Read More Here

Mining in DRC Natural gas

Félix Tshisekedi orders the valuation of natural gas in the ONSHORE part of the Atlantic Coast Basin | DRC

August 15, 2020August 15, 2020 arnbethnic

During the 44th meeting of the Council of Ministers, the Head of State, Félix Tshisekedi, focused on the problem of the valuation of natural gas in the land area of the Democratic Republic of Congo in Moanda in the province of Central Congo. “For the President of the Republic, this would undoubtedly constitute one of the solutions to reduce the energy deficit, inparticular for the mining industry through the production and marketing of electrical energy”, stated the Council of Ministers report. The instructions were given to the ministers in charge… Read More Here