Category: Oil & Gas

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

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

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

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

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