Chad

Africa Oil & Gas: Congo, Chad Want To Join OPEC

Posted on March 8, 2018 by Mozambique Resources Post

Chad, Congo, and Malaysia are all lining up to join OPEC, Gabriel Mbaga Obiang Lima, the energy minister of the cartel’s newest member Equatorial Guinea, told Russian outlet Sputnik on the sidelines of the CERAWeek conference in Houston on Wednesday.

Africa Mining: “Chad and Glencore to meet in Paris on Monday to discuss debt” – Govt sources

Posted on November 7, 2017 by Mozambique Resources Post

Chadian government officials will meet Glencore executives in Paris on Monday to discuss restructuring the country’s debt, two senior Chadian government sources with knowledge of the matter told Reuters on Sunday.

Africa Oil & Gas: Chad Lays Foundation Stone on Refinery and Gas Plant

Posted on November 6, 2017November 6, 2017 by Mozambique Resources Post

Chad officially began work on two energy projects aimed at transforming its economy.The first is a refinery and the second a gas treatment plant. The foundation stone laying ceremony was held on October 28, with President IdrissDéby laying the foundation stone for the twin plants.

Africa Oil & Gas: NNPC, Halliburton Partner On Oil Search in Chad Basin

Posted on July 21, 2017 by Mozambique Resources Post

In a renewed effort to raise the country’s oil reserves and production, the Nigerian National Petroleum Corporation (NNPC) has entered into a partnership with Halliburton, a global service providing company in the oil and gas sector, to realize its search for oil in the Chad Basin.

Africa Oil & Gas: Exxon Negotiating With Chad Over Court-Imposed $74B Fine

Posted on November 16, 2016 by Mozambique Resources Post

Exxon Mobil (NYSE:XOM) is in talks with Chad’s government regarding a huge US$74-billion fine it was ordered to pay last month by a Chad court for failing to meet tax obligations and withholding royalties, a lawyer for the company told Bloomberg in an interview on Tuesday.

Africa Oil & Gas: Exxon Mobil ordered to pay $74billion fine in Chad – Country GDP is worth only $13 billion

Posted on October 10, 2016 by Mozambique Resources Post

Exxon Is Hit With Fine From Chad That’s Five Times Country’s GDP. A court in Chad told Exxon Mobil Corp. to pay a record fine of $74 billion, as well as $819 million in royalties it said the oil company owed to the state, according to a court document.