This is a Congo news story, published by ABC News.
For more Congo news, you can click here:
more Congo newsFor more Africa business & economics news, you can click here:
more Africa business & economics newsFor more news from ABC News, you can click here:
more news from ABC NewsOtherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best business news, entertainment news, world news, and much more. If you like this article about Africa business & economics, you might also like this article about
Congo Basin rainforest. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest oil exploration news, Congo news, news about Africa business & economics, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
significant oil reservesABC News
•
87% Informative
Congo cancels auction for 27 sites earmarked for oil exploration, citing late submissions and lack of competition.
The auction for the sites, known as oil blocks, was initially launched two years ago .
The 27 oil blocks canceled auction hold an estimated 22 billion barrels .
More than a dozen of the plots up for auction overlap with protected areas in peatlands and rainforests.
VR Score
93
Informative language
96
Neutral language
64
Article tone
formal
Language
English
Language complexity
57
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
2
Source diversity
1
Affiliate links
no affiliate links