Energy News  
OIL AND GAS
US climate envoy asks DR Congo to ditch some oil blocks
by AFP Staff Writers
Kinshasa (AFP) Oct 4, 2022

United States Climate Envoy John Kerry on Tuesday said Washington had asked the Democratic Republic of Congo to abandon some oil blocks that it put up for auction in sensitive environmental areas.

The DRC's government launched bids for 30 oil and gas blocks in the impoverished central African nation in July.

But the move was controversial, drawing criticism from green groups which warned that drilling in the Congo Basin's rainforests and peatlands could release vast amounts of heat-trapping gas.

Speaking to reporters at the pre-COP27 climate talks in Kinshasa, Kerry said the United States had asked the DRC's government to "withdraw some tracts to protect the forest".

The former US secretary of state also said there was a way to provide employment and economic development without putting sensitive environmental areas such as "really critical peatlands" at risk.

"We want to balance," Kerry said, adding that he was due to meet Congolese President Felix Tshisekedi to discuss the issue later today.

Scientists have sounded several warnings about the DRC's peatlands, which comprise an area about the size of England.

Around 30 billion tonnes of carbon are stored across the entirety of the Congo Basin, researchers estimated in a study in Nature in 2016. The figure is roughly equivalent to three years of global emissions.

The Congolese government has maintained that exploiting its oil and gas resources is an economic necessity that could help its citizens.

Some three-quarters of the Congolese population live on less than $1.9 a day, according to World Bank figures, despite the DRC enjoying huge reserves of minerals, ranging from gold and copper to cobalt.

Addressing delegates at the pre-COP27 opening ceremony on Monday, Congolese environment minister Eve Bazaiba asked if the government should let children die rather than profit from its fossil resources.

"As much as we need oxygen, we also need bread," she said.


Related Links
All About Oil and Gas News at OilGasDaily.com


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only


OIL AND GAS
Crude prices rally as top producers mull big output cut
Hong Kong (AFP) Oct 3, 2022
Oil prices jumped more than four percent in Asian trade Monday as reports said OPEC and other top producers considered slashing output. WTI climbed 4.5 percent to $83.06 and Brent piled on 4.4 percent to $88.83 ahead of a meeting of the group this week in Vienna, with Bloomberg News saying officials were discussing a one-million-barrel-a-day cut in output. Bloomberg added that the move - which it said delegates to OPEC had not finalised - would be the biggest since the pandemic began, when cru ... read more

Comment using your Disqus, Facebook, Google or Twitter login.



Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

OIL AND GAS
Earth Blox announces no-code SaaS offering for data analysts at Google's Geo for Good Summit 2022

Esri partners with Digital Earth Africa to support sustainable growth

NASA, USGS map minerals to understand Earth makeup, climate change

Satellite Monitoring for Agribusiness: The White Label Solution

OIL AND GAS
Taoglas' multi-band GNSS front ends simplify and accelerate product development

Trackem Launches New GPS Business Tracking Platform

Latest Galileo satellites join constellation with enhanced, faster fix

MariaDB reimagines how databases deliver geospatial capabilities with acquisition

OIL AND GAS
Romania cracks down on illegal logging

Mexican mangroves have been capturing carbon for 5,000 years

Brazil reports more Amazon fires so far this year than all of 2021

Leading scientists develop space tech platform to track carbon in every tree

OIL AND GAS
On-site reactors could affordably turn CO2 into valuable chemicals

Processing waste biomass to reduce airborne emissions

Rubbish reform: changes to waste management could slash emissions

Onshore algae farms could be 'breadbasket for Global South'

OIL AND GAS
Why some countries are leading the shift to green energy

Renewables grow to meet global electricity demands: study

German firm RWE signs $6.8 bn US clean energy deal

Tired of power cuts, blockaded Gaza turns to solar

OIL AND GAS
Wind turbine maker Siemens Gamesa plans 2,900 jobs cuts

Spain, UK making headway on renewable energy: report

Europe and China operate the largest number of offshore wind farms

A new method boosts wind farms' energy output, without new equipment

OIL AND GAS
German firm RWE to ditch coal power by 2030: CEO

Australia's largest carbon emitter to exit coal by 2035

At UN, Vanuatu calls for fossil fuel non-proliferation treaty

China doubles down on coal as energy crunch bites

OIL AND GAS
Poverty, climate, space: China's progress in 10 years under Xi

China since the founding of the Communist Party

China since the founding of the Communist Party

How China's civil society collapsed under Xi









The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.