Mozambique: ExxonMobil Provides $300,000 to Support Cyclone Relief Efforts

Mozambique: ExxonMobil Provides $300,000 to Support Cyclone Relief Efforts

ExxonMobil said today that it is providing $300,000 to aid agencies to support disaster relief and recovery efforts in Mozambique following Cyclone Idai, which made landfall on March 14. Advertisements

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Mozambique: Exxon, Anadarko donate to cyclone relief

Mozambique: Exxon, Anadarko donate to cyclone relief

Oil and gas companies ExxonMobil and Anadarko have sent donations to aid agencies in Mozambique following a disastrous and deadly Cyclone Idai which made landfall on March 14. According to the UN, the full scale of the devastation caused by Tropical Cyclone Idai in south-west Africa is becoming clearer, and the emergency “is getting bigger by the hour,” with at least a thousand people feared dead. ExxonMobil and Anadarko, which are working on developing giant…

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Mozambique: ENI announces start of natural gas extraction by 2024

Mozambique: ENI announces start of natural gas extraction by 2024

Extraction and processing of natural gas in the Mamba field in the Rovuma Basin Area 4 block in northern Mozambique is expected to begin by 2024, the chief executive of Italian group ENI said on Friday in Milan.

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Mozambique: QP signs pact with Eni to acquire 25.5% stake in exploration block

Mozambique: QP signs pact with Eni to acquire 25.5% stake in exploration block

Qatar Petroleum (QP) has entered into an agreement with Italy’s Eni to acquire a 25.5 percent participating interest in block A5A, located in the Angoche basin, offshore the Republic of Mozambique, the company announced in a statement on Monday.

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Global Industry: ExxonMobil expects earnings to increase by over 140% by 2025

Global Industry: ExxonMobil expects earnings to increase by over 140% by 2025

U.S. oil major ExxonMobil has updated its growth plans and expects annual earnings potential to increase by more than 140 percent by 2025 from 2017 adjusted earnings, assuming an oil price of $60 per barrel and based on 2017 margins.

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Africa Energy: Malawi-Mozambique secure funding for power interconnection

Africa Energy: Malawi-Mozambique secure funding for power interconnection

Malawi and Mozambique have secured 20 million euro (about K15 billion) from multilateral lending institutions for the implementation of the power Interconnection project, a move expected to help solve energy woes facing the county.

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