spot_img

Why Industry Needs Measurement-Grade...

Industrial decision makers are getting more demanding. Be it infrastructure, energy, or  other...

ABB Launches Grinding Connect...

ABB today announced the launch of Grinding Connect, a new digital service suite for...

NTN Europe Showcases Its...

Taking place in a working quarry, the 2026 edition will bring together the...

TYRI Becomes Lighting Partner...

Jakob Mining Vehicles (JMV) has chosen TYRI as its partner for integrated front lighting...
HomeOIL AND GASCongo to offer...

Congo to offer 30 oil and gas blocks for licensing

Democratic Republic of Congo will offer 27 oil blocks and three gas blocks, nearly double as many as previously planned, in a licensing round next week, the hydrocarbons ministry said on Monday.

Congo, a leading miner of copper, cobalt, gold and diamonds, has long aimed to boost its oil sector and is believed to have sizeable reserves. Output has remained flat for years at about 25,000 barrels per day because of underinvestment.

Environmental groups and activists have expressed alarm at the plans, as many of the concessions overlap national parks. Congo has in the past defended its right to drill for oil in national parks. Read full story

The blocks to be put up for auction on July 28 include three in the coastal basin of Kongo Central province, nine in the Cuvette Centrale, 11 near Lake Tanganyika and four near Lake Albert. The three gas blocks are on Lake Kivu.

The Cuvette Centrale in particular sits on peatlands that scientists say could release massive quantities of carbon dioxide into the atmosphere if disturbed.

Congo had initially planned to auction 16 oil blocks, nine of which overlapped with protected areas. The ministry said in its statement on Monday that it had decided to auction 30 now to maximise opportunities for the country.

Get notified whenever we post something new!

Continue reading

SHIFFT accelerates autonomous vehicle deployment in ports and airports

Autonomous vehicle technology developer Oxa and Dubai Future Foundation (DFF) have announced the launch of launch of SHIFFT. SHIFFT is joint venture that will establish Dubai as a global hub for autonomous logistics and will incorporate self-driving technology into a...

Toyota opens $100m electric forklift factory in Indiana

Toyota Material Handling North America (TMHNA) has opened a new US$100m (c. £74m) manufacturing facility in Columbus, Indiana, to produce electric forklifts for its Toyota and Raymond brands. The 295,000ft² factory increases TMHNA’s total manufacturing footprint in Columbus to 1.9...

Herba Ricemills pushes for automation

Rice cultivating business Herba Ricemills, has opened an automated warehouse in partnership with warehouse technology and intralogistics software enterprise Mecalux at its plant in San José de la Rinconada (Spain).                                    Herba Ricemills (Ebro Foods) automated its warehouse with Mecalux to expand into Africa and the Middle...