DRC: Glencore to Pay US$180M to the Democratic Republic of Congo Over Past Corruption

Glencore has reached an agreement with the Democratic Republic of Congo (DRC) covering all present and future claims arising from any alleged acts of corruption by the Glencore Group in … Read More

DRC: Government Expresses Strong Political Will for Gas Monetization Projects

Surrounded by major African oil & gas producers Republic of Congo and Angola, the Democratic Republic of Congo (DRC) has so far remained relatively absent of Africa’s league of hydrocarbons … Read More

Total E&P completes 2D seismic acquisition in DRC’s Block III

Total E&P RDC, operator of DRC’s Block III, has finalized the acquisition of the 2D seismic survey over the northern part of the Block III area according to JV partner SacOil. … Read More

Fleurette estimates 3 billion barrels of oil in DRC’s Blocks I & II

Oil of DRCongo, a subsidiary of the Fleurette Group’s oil exploration has announced that an interpretation of the recently processed 3D seismic surveys acquired in 2013-14 over its prospects in … Read More

Perenco Rep says partnership with DRC government essential in oil & gas business

Oil and gas operator Perenco has maintained that a partnership with the DRC government is essential to achieve set growth targets. Through its General Manager Reza Mered Perenco says that … Read More