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In Congo, a carbon sink like no other risks being carved up for oil - Vimarsana News

In Congo, a carbon sink like no other risks being carved up for oil

The world’s largest bank of the partially decomposed plant matter known as peat in the tropics is even more extensive than initially thought, according to a new study. The peatlands of the Congo Basin cover some 167,600 square kilometers (64,710 square miles) in the Republic of Congo and the Democratic Republic of Congo (DRC), a […]

DRC to auction oil drilling rights in rainforest region despite protests from Greenpeace Africa - Vimarsana News

DRC to auction oil drilling rights in rainforest region despite protests from Greenpeace Africa

The Democratic Republic of Congo (DRC) says it will start auctioning off rights next week to enable drilling for oil in more than two dozen areas, including a rainforest region that green action groups…

Source: rfi.fr
DRC to auction oil and gas permits in endangered gorilla habitat - Vimarsana News

DRC to auction oil and gas permits in endangered gorilla habitat

Sale calls into question protection deal signed at Cop26 as expert warns Congo auction could be a catastrophe for wildlife, health and climate

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

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,

BBCNEWS Newsday June 4, 2024 00:23:00 - Vimarsana News

BBCNEWS Newsday June 4, 2024 00:23:00

This formidable team has spent years tracing the outlines of something huge and hidden and precious. just entering the coordinates of a point that's about three kilometres away. it's gruelling work in near impenetrable swamps full of snakes and crocodiles, but the scientists, using hand—held drills, have discovered a fantastically large expanse of peat. so we want as many samples as possible from as many different locations. and this rotting vegetation is important, because it traps carbon. we estimate that there's around 30 billion tonnes of carbon stored in the peatlands of the cuvette cen...