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Petroleum Industry Of The Republic Of Congo
Oil and Gas dominates the resource sector of the Republic of the Congo (french: République du Congo), also referred to as Congo-Brazzaville, with the petroleum industry accounting for 89% of the country’s exports in 2010. As of June 22, 2018 is a full member of the organisation of the petroleum exporting countries (OPEC), and among African crude oil producers in 2022, The Congo ranked sixth. Nearly all of the country's hydrocarbons were produced off-shore. According to the OPEC annual statistical bulletin of 2022, the Congo exported $5,785 billion worth of petroleum in 2021. This accounts for 79.3% of its net exports of $7,291 billion. Oil and gas Oil In the late 1970s, Congo emerged as a significant oil producer, with production expanding considerably during the 1990s. By the turn of the century, production began to decline as existing oil fields reached maturity. As of 2008, oil production has increased every year as a result of several new projects, mainly Congo’s first ...
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Republic Of The Congo
The Republic of the Congo (french: République du Congo, ln, Republíki ya Kongó), also known as Congo-Brazzaville, the Congo Republic or simply either Congo or the Congo, is a country located in the western coast of Central Africa to the west of the Congo river. It is bordered to the west by Gabon, to its northwest by Cameroon and its northeast by the Central African Republic, to the southeast by the Democratic Republic of the Congo, to its south by the Angolan exclave of Cabinda Province, Cabinda and to its southwest by the Atlantic Ocean. The region was dominated by Bantu peoples, Bantu-speaking tribes at least 3,000 years ago, who built trade links leading into the Congo River basin. Congo was formerly part of the French colonial empire, French colony of French Equatorial Africa, Equatorial Africa. The Republic of the Congo was established on 28 November 1958 and gained independence from France in 1960. It was a Marxist–Leninist state from 1969 to 1992, under the name ...
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Chevron Corporation
Chevron Corporation is an American multinational energy corporation. The second-largest direct descendant of Standard Oil, and originally known as the Standard Oil Company of California (shortened to Socal or CalSo), it is headquartered in San Ramon, California, and active in more than 180 countries. Chevron is engaged in every aspect of the oil and natural gas industries, including hydrocarbon exploration and production; refining, marketing and transport; chemicals manufacturing and sales; and power generation. Chevron traces its history back to the 1870s. The company grew quickly after the breakup of Standard Oil by acquiring companies and partnering with others, especially Texaco. Socal was one of the Seven Sisters that dominated the global petroleum industry from the mid-1940s to the 1970s. In 1985, Socal merged with the Pittsburgh-based Gulf Oil and rebranded as Chevron; the newly-merged company later merged with Texaco in 2001. Today, Chevron manufactures and sells fu ...
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Africa
Africa is the world's second-largest and second-most populous continent, after Asia in both cases. At about 30.3 million km2 (11.7 million square miles) including adjacent islands, it covers 6% of Earth's total surface area and 20% of its land area.Sayre, April Pulley (1999), ''Africa'', Twenty-First Century Books. . With billion people as of , it accounts for about of the world's human population. Africa's population is the youngest amongst all the continents; the median age in 2012 was 19.7, when the worldwide median age was 30.4. Despite a wide range of natural resources, Africa is the least wealthy continent per capita and second-least wealthy by total wealth, behind Oceania. Scholars have attributed this to different factors including geography, climate, tribalism, colonialism, the Cold War, neocolonialism, lack of democracy, and corruption. Despite this low concentration of wealth, recent economic expansion and the large and young population make Afr ...
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Natural Gas
Natural gas (also called fossil gas or simply gas) is a naturally occurring mixture of gaseous hydrocarbons consisting primarily of methane in addition to various smaller amounts of other higher alkanes. Low levels of trace gases like carbon dioxide, nitrogen, hydrogen sulfide, and helium are also usually present. Natural gas is colorless and odorless, so odorizers such as mercaptan (which smells like sulfur or rotten eggs) are commonly added to natural gas supplies for safety so that leaks can be readily detected. Natural gas is a fossil fuel and non-renewable resource that is formed when layers of organic matter (primarily marine microorganisms) decompose under anaerobic conditions and are subjected to intense heat and pressure underground over millions of years. The energy that the decayed organisms originally obtained from the sun via photosynthesis is stored as chemical energy within the molecules of methane and other hydrocarbons. Natural gas can be burned fo ...
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Lubumbashi International Airport
Lubumbashi International Airport is an airport serving Lubumbashi, Democratic Republic of the Congo. History Lubumbashi International Airport was founded in colonial times as the Elisabethville Airport. It was also known as Luano airport. This airport played a high-profile role during the Katanga war. After it was seized by the United Nations Force in the Congo (ONUC) troops, the airport was used as a base against the secessionist government. Airlines and destinations Passenger Cargo Accidents and incidents *In December 2001, Air Katanga Douglas C-53-DO ZS-OJD was written off in a landing accident at Lubumbashi International Airport after a delivery flight that originated in South Africa. *On September 15, 1961, a Katangese Air Force Fouga CM.170 Magister dropped two 100 lb. bombs on the airport, one of which made a direct hit on a DC-4-1009 belonging to Air Katanga with the registration OO-ADN. There were no casualties, but the aircraft was written off. See also *Tr ...
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Namoya
Namoya Mine is an open pit gold mine in Maniema province of the Democratic Republic of the Congo (DRC) which started operations in 2016. Production has been disrupted by repeated attacks from rebel militias. The original Canadian owner sold to a Chinese consortium in 2020 due to security concerns. Location The Namoya Mine is in Kabambare Territory of Maniema, just south of the South Kivu border and north of the RP1121 highway. It is south of Mount Mutumba in the Itombwe Mountains. Namoya Airport and Namoya towm are to the south of the mine. The Kama River flows through Namoya town. The mine is at the south end of the Twangiza-Namoya gold belt, also called the Maniema-South Kivu Gold Belt, which stretches from South Kivu into Maniema. The belt extends from Twangiza southwest to Namoya Mine. Banro Corporation of Canada has a exploration permit around Namoya with four main deposits: Mount Mwendamboko, Muviringu, Kakula and Namoya Summit. The mine is on the western margin of the ...
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Twangiza
Twangiza Mine is an open pit gold mine in South Kivu province of the Democratic Republic of the Congo (DRC) which started operations in 2012. Production has been disrupted by attacks from rebel militias. Location Twangiza Mine is in Mwenga Territory, South Kivu. It is about south of Bukavu, east of the RN2 highway and north of the Itombwe Mountains. The mine is at the north end of the Twangiza-Namoya gold belt, also called the Maniema-South Kivu Gold Belt, which stretches from South Kivu into Maniema. The belt extends from Twangiza southwest to Namoya in Maniema. Geology The eastern section of the Twangiza property is part of the Itombwe synclinorium, a fold that stretches south from Twangiza. It contains weakly metamorphized Neoproterozoic sediments, mostly mudstone, trending north–south. Near the main and north sections porphyritic sills from thick have intruded into the Neoproterozoic sediments. They have been extensively altered by hydrothermal circulation, but ma ...
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Société Nationale Des Pétroles Du Congo
''Société nationale des pétroles du Congo'' (the National Petroleum Company of the Congo, SNPC) is a national oil company of the Republic of the Congo The Republic of the Congo (french: République du Congo, ln, Republíki ya Kongó), also known as Congo-Brazzaville, the Congo Republic or simply either Congo or the Congo, is a country located in the western coast of Central Africa to the w .... The company was established in 1998 after the dissolution of the public company Hydro-Congo. The company manages government-owned shares of production from oil fields in the country. The company has stakes in Moho-Bilondo (15%), Nkossa (15%), M'Boundi (8.8%), Kitina (35%), Sendji (15%), Yanga (15%), Djambala (35%), Foukanda (35%), Mwafi (35%), Emeraude (49%), Yombo (44%), Tilapia (35%), Azurite (15%), and Turquoise Marine-1 (15%) fields. It owns the refinery company named Congolaise de Raffinage (CORAF). References Oil and gas companies of the Republic of the Co ...
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Pharos Energy
Pharos Energy Plc, previously SOCO International, is an oil and gas exploration and production company, headquartered in London. The company changed its name to Pharos Energy Plc in October 2019 after coming under fire for illegal activity in Virunga. The company is listed on the London Stock Exchange and currently has interests in Egypt, Israel and Vietnam. The company previously held interests in the Republic of Congo and Angola. Pharos Energy no longer holds interests in Africa, and their strategy now focuses on interests in the Middle East and Asia. History In April 1997, the company was founded by Ed Story and was first listed on the London Stock Exchange in May that year. Since April 1997, Ed Story is CEO of Pharos Energy PLC. During 2010, the company aimed to derisk 600 million barrels of potential net recoverable reserves with a drilling programme focused in Vietnam and the Democratic Republic of Congo. In 2014 they explored for oil in Virunga National Park, a UNESCO ...
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Oil Tanker
An oil tanker, also known as a petroleum tanker, is a ship designed for the bulk transport of oil or its products. There are two basic types of oil tankers: crude tankers and product tankers. Crude tankers move large quantities of unrefined crude oil from its point of extraction to refineries. Product tankers, generally much smaller, are designed to move refined products from refineries to points near consuming markets. Oil tankers are often classified by their size as well as their occupation. The size classes range from inland or coastal tankers of a few thousand metric tons of deadweight (DWT) to the mammoth ultra large crude carriers (ULCCs) of . Tankers move approximately of oil every year.UNCTAD 2006, p. 4. Second only to pipelines in terms of efficiency,Huber, 2001: 211. the average cost of transport of crude oil by tanker amounts to only US. Some specialized types of oil tankers have evolved. One of these is the naval replenishment oiler, a tanker which can fuel a ...
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OPEC
The Organization of the Petroleum Exporting Countries (OPEC, ) is a cartel of countries. Founded on 14 September 1960 in Baghdad by the first five members (Iran, Iraq, Kuwait, Saudi Arabia, and Venezuela), it has, since 1965, been headquartered in Vienna, Austria, although Austria is not an OPEC member state. , the 13 member countries accounted for an estimated 44 percent of global oil production and 81.5 % of the world's proven oil reserves, giving OPEC a major influence on global oil prices that were previously determined by the so-called " Seven Sisters" grouping of multinational oil companies. The formation of OPEC marked a turning point toward national sovereignty over natural resources, and OPEC decisions have come to play a prominent role in the global oil market and international relations. The effect can be particularly strong when wars or civil disorders lead to extended interruptions in supply. In the 1970s, restrictions in oil production led to a dramatic r ...
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