On the 28th of August, oil company SOCO International Plc published its interim results for the half-year to 30th of June 2014. From this report it is clear that the focus of the company has been to continue delivering steady progress and growth, keeping revenue and cash flow strong and shareholders happy with a possible 22… Read More
Virunga: Chronicle of a Betrayal Foretold
Unofficial translation of the excellent article of DRC blogger Jean-Baptiste Badesire: A reflection on oil exploration and exploitation in Virunga National Park, and how the Congolese authorities choose the easy money at the expense of the sustainable development and social peace in North Kivu. READ HERE THE (ORIGINAL) FRENCH VERSION This Friday, January 31, 2014… Read More
Sept 24th, 2013: RADIO OKAPI, Conservateur principal du Parc des Virunga aux arrêts à Goma!
Nord-Kivu: le conservateur principal du parc des Virunga aux arrêts à Goma Le conservateur chef du secteur centre du parc national des Virunga, Rodrigue Mugaruka Katembo est détenu depuis cinq jours au cachot de l’Agence nationale des renseignements (ANR) à Goma. Il a été arrêté par des militaires pour s’être opposé à l’exécution d’un projet de la firme… Read More
February 8, 2013 – Virunga Oil Blocks: Last Update
Check here for the last update: Oil Block III 32% contains ViNP Last Update Oil Block IV 50% contains ViNP Last Update Oil Block V 52% contains ViNP Last Update —————– Virunga National Park – Oil Exploration: On 23 September 2012, newswire reports indicated… Read More
SOCO’s Statement: … minimal environmental impact … positive social impact…
Statement on inaccuracies in the conservation group websites regarding SOCO’s activities Thursday 28 June 2012 To coincide with the UNESCO World Heritage Convention currently taking place in St Petersburg, certain conservation groups have placed articles on their websites which contain inaccuracies about SOCO International plc’s activities in Block V, eastern Democratic Republic of Congo (DRC).… Read More
MAY 16, 2012: Access or no access for SOCO to Virunga NP?
On Wednesday 16th of May, SOCO International, one of the two oil companies having participating interests in the oil concession block V covering a big part of the Virunga National Park, announced its Interim Management Statement relating to the period from 1 January 2012 to 15 May 2012. SOCO reports to have been engaging with… Read More
2010: SOCO receives Presidential Decree for Block 5
28 Jun 2010 SOCO International has been informed by its wholly owned subsidiary SOCO Exploration Production DRC that the Production Sharing Agreement for Block 5 in the Albertine Graben area of the Democratic Republic of Congo (DRC) has received the Presidential Decree, the final step in the concession award of the block. The Block, operated… Read More