Eurasia Journal News

The Head of Congo Discussed with Lukoil the Company’s Participation in the Country’s Oil Projects

President of the Republic of Congo Denis Sassou Nguesso said in an interview with RIA Novosti that during his visit to Moscow he discussed with Lukoil its participation in oil projects in the Congo as an operator; he sees good prospects for this. Currently, Lukoil operates in the Republic of …

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Eurasia Journal News

Tango FLNG and Excalibur FSU Heading to the Republic of Congo

The Tango FLNG floating liquefied natural gas (FLNG) plant and the Excalibur floating LNG storage unit (FSU) have headed to the Congo continental shelf after an upgrade by Exmar. The press service of the Italian Eni reported this. The dispatch ceremony was attended by the Minister of Hydrocarbons of the …

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Eurasia Journal News

LUKOIL: Acquires 25% Interest in the Marine XII Project in Congo

PJSC LUKOIL announces the closure of the acquisition of a 25% interest in the Marine XII project in the Republic of Congo from New Age M12 Holdings Limited. The transaction was closed after all suspensive conditions were met, including the approval of the government of the Republic of the Congo.

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Eurasia Journal News

OPEC Daily Basket Price Stood at $65.04 a barrel Wednesday, 6 March 2019

The price of OPEC basket of fourteen crudes stood at $65.04 a barrel on Wednesday, compared with $64.98 the previous day, according to OPEC Secretariat calculations. The OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria), Girassol (Angola), Djeno (Congo), Oriente (Ecuador), Zafiro (Equatorial Guinea), …

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