Brazzaville, capital city of Congo-Brazzaville
International investors court Congo-Brazzaville
The West African country’s energy resources are once again attracting foreign attention, but the positive outlook for gas contrasts with that for oil
Congo-Brazzaville’s upstream is drawing renewed interest from international energy companies and foreign governments, which bodes well for the oil-revenue-dependent nation’s established—but maturing—upstream hydrocarbons sector. Chevron has long been active in Congo-Brazzaville and had a meeting with the government in October. William Lacobie, managing director of Chevron's southern Africa strategic business unit, saw Prime Minister Anatole Makosso to discuss “issues of exploitation and exploration of oil and gas”. The US major “intends to launch new exploration for hydrocarbons and develop opportunities in the field of gas”, according to the Congolese authorities, who cite Lacobie as saying
Also in this section
21 February 2025
While large-scale planned LNG schemes in sub-Saharan Africa have faced fresh problems, FLNG projects are stepping into that space
20 February 2025
Greater social mobility means increased global demand for refined fuels and petrochemical products, with Asia leading the way in the expansion of refining capacity
19 February 2025
The EU would do well to ease its gas storage requirements to avoid heavy purchase costs this summer, with the targets having created market distortion while giving sellers a significant advantage over buyers
18 February 2025
Deliveries to China decline by around 1m b/d from move to curb crude exports to Shandong port, putting Iran under further economic pressure
