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Equatorial Guinea, DRC to develop joint oil refinery and storage facilities

Equatorial Guinea’s Ministry of Mines and Hydrocarbons and the Democratic Republic of the Congo’s (DRC’s) Ministry of Hydrocarbons signed a Memorandum of Understanding (MoU) at the Angola Oil & Gas (AOG) 2022 Conference & Exhibition to develop existing synergies across their respective upstream, downstream, energy infrastructure and logistics sectors. The...
Democratic Republic Of The Congo Democratic Republic Of The General Equatorial Guinea Lake Albert Gabriel Mbaga Obiang Didier Budimbu Ntubuanga

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President H.E. Felix Tshisekedi Launches the DRC's 30-Block Licensing Round | The Guardian Nigeria News - Nigeria and World News — APO Press Releases — The Guardian Nigeria News – Nigeria and World News

In an exciting move for the African oil and gas industry, the Democratic Republic of the Congo (DRC) has officially launched its highly anticipated bid licensing round. Opened by H.E. Felix Tshisekedi, President of the DRC. The round has 30 blocks on offer – 27 of which are oil and three are gas – positioning […]
Cape Town Western Cape South Africa Equatorial Guinea Democratic Republic Of The Congo Lake Albert

Oil Updates — Crude falls; Canada consults oil emissions cap; White House expects OPEC+'s production hike

RIYADH: Oil prices fell on Tuesday, taking a breather after surging more than $5 a barrel in the previous session as a plunging dollar supported buying interest on expectations the US Federal Reserve’s interest rate hike may be less than thought. Brent crude futures for September settlement fell 69 cents to $105.58 a barrel by 0036 GMT. The contract rose 5.1 percent on Monday,
Saudi Arabia Ar Riya White House District Of Columbia United States Karine Jean Pierre

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