new type commercial rapeseed oil expeller in Democratic Republic of Congo

Oil exploration in DR Congo peatland risks forests, climate

  • new type commercial rapeseed oil expeller in Democratic Republic of Congo
  • new type commercial rapeseed oil expeller in Democratic Republic of Congo
  • new type commercial rapeseed oil expeller in Democratic Republic of Congo
  • new type commercial rapeseed oil expeller in Democratic Republic of Congo

Perenco Congo, Congorep complete ambitious

Economic Diversification Away from Oil is Crucial for the Republic

Oil and Gas Discoveries Spark Debate in the Democratic Republic of Congo

Democratic Republic of Congo Economic Update

  • Are oil exploration blocks a threat to Congo's environment?
  • The Democratic Republic of Congo is putting 16 oil exploration blocks up for auction, including nine in the peatlands of the Cuvette Centrale. Environmentalists warn that oil exploration and infrastructure for production could release huge amounts of carbon stored in the peatland and threaten the rights of local communities.
  • How many barrels of oil does Congo produce a day?
  • Currently, Congolese oil production is limited to the Coastal Basin, yielding 25,000 barrels per day of offshore production, all of which is exported. Along with recently identified potential oil fields, the DRC may hold as many as 30 billion cubic meters of methane and natural gas in three major petroleum deposits.
  • Why is the Democratic Republic of Congo auctioning off oil blocks?
  • Last month, the Democratic Republic of Congo approved the auctioning off of 16 oil blocks, at least nine of which are in the fragile peatland ecosystem of the Cuvette Centrale. The auction aims to increase government revenue and boost domestic production of oil from its current modest level of 25,000 barrels per day.
  • Where is oil drilling auctioned in Congo?
  • Children sit inside a fishing boat outside a mangrove in Kimpozia village, one of the areas auctioned for oil drilling, in Moanda, Democratic Republic of the Congo, Monday, Dec. 25, 2023. Its government is auctioning off 30 oil and gas blocks around the country. (AP Photo/Mosa’ab Elshamy)

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