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Congos Oil & Gas News is an EIN News Service for oil and gas industry professionals. Constantly updated news and information about Congos Oil & Gas.
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Latest Congos Oil & Gas News

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  • Resource Cursed 5 Dec 2009 01:26 GMT
    ... Imagine a tiny country flush with oil money, where the wealth per person is ... oil business, and most of Equatorial Guinea's exports end up in the United States. Equatorial ... If enacted, the law would require oil, gas, and mining companies that are publicly listed ...

  • Tensions between Venezuela and Colombia continue 5 Dec 2009 05:50 GMT
    ... Venezuela but we had to suspend the exports 10 days ago due to our domestic ... to avoid the rationing of energy," the oil minister said. Martínez said that the decision ... to smuggle large amounts of foods and fuel was destroyed (by our troops)," Franklin Márquez, ...

  • RiskMetrics recommends financing deal between Anvil Mining and Trafigura Beheer 5 Dec 2009 14:15 GMT
    ... described as the world's third largest independent oil trader and the second largest independent trader in ... copper project in the Democratic Republic of Congo. The development was put on hold late ... due to a drop in global copper prices. Its annual production is expected to be ...

  • Reliance Oct crude imports up 0.2 pct vs Sept-trade 4 Dec 2009 13:41 GMT
    ... Dec 2 (Reuters) - India's ' monthly crude imports edged up 0.2 percent in October ... of recession forced the Organization of the Petroleum Exporting Countries in October 2008 to cut ... October 2008 to cut output to stop oil's slide, after prices more than halved from ...

  • Reliance Oct crude imports up 0.2 pct vs Sept - trade 4 Dec 2009 14:00 GMT
    ... Reliance Industries' monthly crude imports edged up 0.2 percent in October ... of recession forced the Organization of the Petroleum Exporting Countries in October 2008 to cut ... October 2008 to cut output to stop oil's slide, after prices more than halved from ...

  • Coltan, cash and oil 4 Dec 2009 18:06 GMT
    ... Democratic Republic of Congo (DRC), continues to fuel the conflict in the DRC. Various rebel ... unless there are some secret reserves of oil, coltan or some other mineral needed desperately ... the continued deferral and failure to end gas flaring; failure to insist and regulate the ...

  • Equatorial Guinea: Resource cursed 4 Dec 2009 18:03 GMT
    ... the world's most striking example of why oil hurts, rather than helps, many of the ... oil business, and most of Equatorial Guinea's exports end up in the United States. Equatorial ... If enacted, the law would require oil, gas, and mining companies that are publicly listed ...

  • Lake Kivu's deadly secret 4 Dec 2009 18:03 GMT
    ... DR Congo, contains vast quantities of methane gas, which can be used to provide desperately needed ... while the country – dependent on imported oil and hydroelectric power – regularly experiences frequent ... Brewery in Gisenyi, and transported via three-kilometre pipelines, established in 1963 by the Belgian Chemical ...

  • Lake Kivu's Deadly Secret [opinion] 4 Dec 2009 22:16 GMT
    ... while the country - dependent on imported oil and hydroelectric power - regularly experiences frequent ... deficiency - its vast deposits of methane gas beneath the waters of Lake Kivu - could ... Brewery in Gisenyi, and transported via three-kilometre pipelines, established in 1963 by the Belgian Chemical ...

  • Zambia: Riches to rags 4 Dec 2009 18:03 GMT
    ... declining in the early 1970s following the oil crisis of 1973 and the slump in global copper prices in 1975. Wages decreased as food prices ... per cent of every dollar earned through exports. In May 1987, faced with a nation ...

  • Climate change highlighted at alternative Nobel awards ceremony 4 Dec 2009 18:15 GMT
    ... the blockages built by the coal and oil lobbies, the profiteers of deforestation and the ... Copenhagen. "Vested interest groups - the fossil fuel and auto sectors - and a few dissident petro-states like Canada, will attempt to water down ...

  • Riches to Rags [opinion] 4 Dec 2009 23:04 GMT
    ... declining in the early 1970s following the oil crisis of 1973 and the slump in global copper prices in 1975. Wages decreased as food prices ... per cent of every dollar earned through exports. In May 1987, faced with a nation ...

  • MP John McKay's bill attempts to improve human rights 4 Dec 2009 04:34 GMT
    ... committee. If it becomes law, mining and oil-and-gas companies will be required to act in a ... human-rights standards to qualify for assistance from Export Development Canada, which is a Crown corporation. ...

  • SPARKLE TO RETURN? 4 Dec 2009 07:14 GMT
    ... Beers MD Gareth Penny said rough diamond prices had risen "fairly steadily" through the second ... 400/carat. "We sell mainly to the big oil barons. I don't think it will affect us ... a partner on its Democratic Republic of Congo prospects. All eyes are on US holiday ...

  • Diamond sector pins hope on US festive season sales 4 Dec 2009 07:14 GMT
    ... Beers MD Gareth Penny said rough diamond prices had risen "fairly steadily" through the second ... 400/carat. "We sell mainly to the big oil barons. I don't think it will affect us ... a partner on its Democratic Republic of Congo prospects. All eyes are on US holiday ...

  • Why not extradite CIA terrorist Luis Posada Carriles from his refuge in Miami? 4 Dec 2009 00:34 GMT
    ... not dwell in North America. As the oil resources of the Iraqi province are being distributed ... see that Royal Dutch Shell or British Petroleum are as American as apple pie -- ... example; the same process operates in the Congo, in Asia, or anywhere else you see ...

  • www.bharatbook.com : Tengasco Teikoku Oil Co., Ltd. - Oil & Gas - Deals and Alliances Profile 30 Nov 2009 09:31 GMT
    ... > www.bharatbook.com : Tengasco Teikoku Oil Co., Ltd. - Oil & Gas - Deals and Alliances Profile www.bharatbook.com included a ... storage, purchase and sale and transportation of petroleum, natural gas and other energy resources. The ...

  • www.bharatbook.com : PA Resources AB - Oil & Gas - Deals and Alliances Profile 1 Dec 2009 13:01 GMT
    ... > www.bharatbook.com : PA Resources AB - Oil & Gas - Deals and Alliances Profile www.bharatbook.com included a new ... AB (PAR) is primarily engaged in the exploration and production of oil and gas. It ...

  • Angola's new conflict: Who gets the oil? 3 Dec 2009 01:01 GMT
    ... in a new battle -- for its oil. The West African state is now the continent's ... for 80 percent to 90 percent of export earnings, are kept secret through the state-owned ... Opportunity Act, along with Chad, yet another petro-state government by lifetime dictator Idriss Deby. ... ...

  • Lundin Petroleum Discovers Gas In Greater Alvehim Area, Offshore Norway 2 Dec 2009 16:13 GMT
    ... Marathon Petroleum Norge AS (Marathon Petroleum) has been issued ... and two further sidetracks which were all oil discoveries. The wells were drill ... Lundin ... will start its hunt for oil and gas in Norwegian parts of the Barents Sea in ...

  • Uganda Eyes Oil Money from Eni-Heritage Deal 2 Dec 2009 16:16 GMT
    ... revenues from the anticipated takeover of Heritage Oil interests by Italy-based Eni SpA, the spokesman for ... the capabilities to build its much wanted refinery and a pipeline through to the coast and market," he ...

  • Uganda poised to join 50 top global oil producers 30 Nov 2009 21:51 GMT
    ... Uganda poised to join 50 top global oil producers Uganda is likely to be a ... of oil in five years. However, waxy crude oil will require heated pipeline for transport, ... of 25 wells has found oil or gas - an amazing strike rate. And there is ...

  • Nation Poised to Join 50 Top Global Oil Producers 1 Dec 2009 12:33 GMT
    ... Nation Poised to Join 50 Top Global Oil Producers Dec 01, 2009 (The Monitor/All Africa ... of oil in five years. However, waxy crude oil will require heated pipeline for transport, ... of 25 wells has found oil or gas - an amazing strike rate. And there is ...

  • Angolan oil minister expected in Brazzaville 1 Dec 2009 09:14 GMT
    ... Brazzaville – The Angolan oil minister, José Maria Botelho de Vasconcelos, is expected ... next Wednesday in Brazzaville City, Republic of Congo, for a few-hour mission. In the framework ... the framework of the perspective for common exploration of transborder oil resources, by creating an ...

  • Congo upholds death penalty for foreign pair 4 Dec 2009 00:14 GMT
    ... By Joe Bavier Kinshasa - A Congolese military appeal court on Thursday upheld death ... is attracting interest from investors due to oil discoveries under Lake Albert, on the border between ...


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