TotalEnergies’ Senior Vice President Africa, Exploration and Production, Henri-Max Ndong Nzue said Monday that his company will drill a crude oil exploration well in the Republic of Congo. Nzue was speaking to members of the press after a meeting with Congolese President Denis Sassou N’Guesso. “Looking ahead, we have an …
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Russian oil company Lukoil has said it now has rights to two offshore energy blocks in the Republic of Congo in partnership with Italian oil giant Eni. The rights to the offshore blocks, known as Marine 24 and Marine 31, are now held by Lukoil with a 43% interest, Interfax …
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The visit by Chinese Foreign Minister Wang Yi to the Democratic Republic of Congo (DRC) earlier this year was indicative of a shift in Beijing’s lending and investment focus for Africa, according to analysts.During his trip to Kinshasa in January, Wang promised that Beijing would write off loans to the …
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