ExxonMobil (NYSE:XOM)

These Are the Biggest Natural Gas Producers in the World

Posted on by Mozambique Resources Post
These Are the Biggest Natural Gas Producers in the World

Natural gas companies produced a record 3.68 trillion cubic meters (~130 trillion cubic feet) of natural gas last year, according to BP’s (NYSE: BP) Statistical Review of World Energy. That’s an increase of 4% from the prior year — almost double the 10-year average growth rate — thanks to a big uptick in production from Russia, which contributed about a third of global growth. North America, however, was the largest gas-producing region, led by the…

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Mozambique Oil & Gas: Govt to sign new gas agreements by September

Posted on by Mozambique Resources Post
Mozambique Oil & Gas: Govt to sign new gas agreements by September

Mozambique is on the cusp of a new wave of prospecting for gas and oil with the imminent adoption of revised model gas contracts. In 2015, the National Petroleum Institute (INP) announced the results of the fifth licencing round for the exploration and production of hydrocarbons.

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Mozambique Oil & Gas: LNG Megaprojects Inching onwards at last

Posted on by Mozambique Resources Post
Mozambique Oil & Gas: LNG Megaprojects Inching onwards at last

After a number of delays, next year may see FIDs in Mozambique liquefaction projects, but security challenges are on the rise, writes Ed Reed, at Africa Oil.

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Mozambique Oil & Gas: LNG projects ramp up in response to growing market

Posted on by Mozambique Resources Post
Mozambique Oil & Gas: LNG projects ramp up in response to growing market

LNG projects under construction or anticipated to reach a final investment decision within the next 12 months total more than 125 million tonnes of annual output capacity — more than a one-third boost to global capacity as reported by the International Gas Union’s 2018 annual report. 

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Mozambique Oil & Gas: Moz Mamba LNG among Exxon’s most lucrative projects to go live between 2021 and 2025

Posted on by Mozambique Resources Post

In the company’s press release, CEO Darren Woods highlighted some of Exxon’s largest and most lucrative projects that he thinks will drive significant growth well into the next decade, Mozambique Mamba LNG project among them.

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Mozambique Oil & Gas: “Mamba LNG to proceed, even if not presold” – Eni source

Posted on by Mozambique Resources Post

A senior Eni executive has said that all partners in the planned Mamba LNG project in Mozambique are ready to sanction it – even if not all its volume is committed to third parties. Eni said in its 2Q results that it expects a final investment decision (FID) for Mamba LNG in 2019.

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