Congo | Egypt Oil & Gas - Part 2
Tanzania, Congo to Jointly Explore Lake Tanganyika
Tanzania and the Democratic Republic of the Congo signed a memorandum of understanding for joint exploration and development of hydrocarbons in Lake Tanganyika.
Descalzi: Eni Is Keeping Balance by Lowering Costs
In an Interview with Bloomberg, Eni's CEO, Claudio Descalzi, stated that the company is keeping balance by lowering costs to the level of $20 per barrel.
Tanzania, Uganda to Complete Oil Pipeline in 2020
Tanzania plans to complete construction of a crude oil pipeline from Uganda in 2020 at an estimated cost of $3.5b.
Chinese Companies to Build Hydro Plant In Congo
Chinese companies Sinohydro Corp. and China Railway Group Ltd. have agreed to finance a 240MW, $660 million hydro-power plant in Democratic Republic of Congo’s Katanga province that will meet the mining project’s ele ...
Angola Reaching Oil&Gas Production Targets
Angolan state oil company Sonangol has found oil and natural gas reserves in the basins of the Kwanza and Congo rivers that may total 2.2b boe. The reserves, if they are confirmed, are sufficient to produce 2mb/d for ...
Angola, Congo Brazzaville’s Oil Production Outline Met
The Angola's Oil Ministry has announced that the oil production at the outlined level of 40,000bpd, according to the 2012 joint oil exploration agreement between Angola and Congo Brazzaville, has been met.
Eni Discovers Gas at Congo Offshore Zone
The Italian energy company Eni has discovered gas at an offshore zone in Congo. The block has potential of 250-350m barrels of oil equivalent and over 300,000 cub m of gas per day.
South Africa Expanding Commitment to Renewables
Italy’s renewable energy group Building Energy recently hosted South African minister of International Relations and Cooperation, Maite Nkoana-Mashabane
