2019

Angola: Cabinet auctions off 55 oil blocks in 2019

Posted on March 18, 2019March 18, 2019 by Mozambique Resources Post

Angola’s National Oil and Gas Agency (ANPG) is expected to auction 55 onshore and offshore oil blocks this year, the minister of Mineral Resources and Oil announced on Friday in Luanda.

Global Oil & Gas: Why 2019 will be pivotal for new LNG supply and markets

Posted on February 22, 2019February 22, 2019 by Mozambique Resources Post

Critical investment decisions will impact on the global demand balance, the Petroleum Economist writes.

Mozambique Oil & Gas: Anadarko working to sell 2 MTPA of LNG ahead of FID

Posted on February 6, 2019February 6, 2019 by Mozambique Resources Post

Anadarko is making progress with the development of the vast gas resources discovered in its offshore block in Mozambique and is working on executing a sale contract for 2 MTPA of LNG a year prior to making the final investment decision.

Global Industry: Oil May Never Return To The Triple-Digits

Posted on January 17, 2019January 17, 2019 by Mozambique Resources Post

Despite the wild ride of oil prices in 2018—in which gains earlier in the year were wiped out in massive sell-offs in the fourth quarter—energy and banking professionals expect Brent Crude oil prices not to deviate too much from current levels in the next five years.

Global Industry: What’s In Store For OPEC In 2019?

Posted on December 28, 2018December 28, 2018 by Mozambique Resources Post

OPEC has come through some turbulent times in the last few years as oil prices fell to decade lows. It has implemented production cuts, has rallied Russia to climb onboard the production cut train, has weathered the rise of US shale to never-before-seen highs, has extended those production cuts, has lifted production to quell a nervous market post-Iranian sanctions, and then has managed to pull a rabbit out of a hat by agreeing to yet…

Global Markets: LNG Shipping on Track to Stay Strong in 2019

Posted on December 26, 2018December 26, 2018 by Mozambique Resources Post

The liquefied natural gas (LNG) freight market has enjoyed strong growth over the past 12 months, a London-based market observer with Braemar ACM Shipbroking told Rigzone.

Africa Oil & Gas: Egypt aims to produce 7.8 bcf of natural gas per day in 2019-2020

Posted on December 26, 2018December 26, 2018 by Mozambique Resources Post

The rise will come mainly from increased production in Egypt’s mammoth Zohr field, North Alexandria gas fields and other projects.

Mozambique: Anadarko promotes road safety as it readies communities for construction phase in Palma

Posted on December 21, 2018December 21, 2018 by Mozambique Resources Post

The Mozambique LNG Project, led by Anadarko, in partnership with the District Government of Palma and INATTER, has recently launched a road safety campaign in the district of Palma in Cabo Delgado.

Global Oil & Gas: 2019, A Pivotal Year For OPEC

Posted on December 11, 2018December 11, 2018 by Mozambique Resources Post

OPEC’s rollercoaster ride in Vienna highlights the growing divide within the oil cartel. Many oil analysts and financial gurus have fallen for the oldest media trick in the world, and a growing rift in the organization shows a new era is coming.

Global Markets: Analysts Outline Industry Themes for 2019

Posted on November 27, 2018 by Mozambique Resources Post

Analysts at Fitch Solutions Macro Research (FSMR) have outlined five key themes for oil and gas in 2019 in a new report, which was sent to Rigzone.

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