afrol news ethiopia saves millionese oil in Congo

afrol News Confidence in Congo Brazzaville after oil

  • afrol news ethiopia saves millionese oil in Congo
  • afrol news ethiopia saves millionese oil in Congo
  • afrol news ethiopia saves millionese oil in Congo
  • afrol news ethiopia saves millionese oil in Congo

afrol News Ethiopia signs oil exploration deal with Swedes

Economic Diversification Away from Oil is Crucial for the

Ethiopia Latest oil and gas news Upstream Online

afrol News Congo Brazzaville oil production "soon to

  • Why is Congo a low-carbon country?
  • Congo’s oil production is expected to decline in the medium term due to the depletion of oil reserves and reduced external demand from the global transition to a low-carbon economy. While oil accounts for 40% of GDP, the sector employs only a fraction of the country’s workforce, with three-quarters of Congolese employed in the informal sector.
  • Does Congo have oil reserves?
  • (AP Photo/Mosa’ab Elshamy) Congo, a mineral-rich nation in central Africa, is thought to have significant oil reserves, too. Drilling has so far been confined to a small territory on the Atlantic Ocean and offshore, but that’s expected to change if the government successfully auctions 30 oil and gas blocks spread around the country.
  • Why is diversification important in Congo?
  • The report highlights the urgency of diversification actions. Congo’s oil production is expected to decline in the medium term due to the depletion of oil reserves and reduced external demand from the global transition to a low-carbon economy.
  • 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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