Revenues – Page 2 – The Mozambique Resources Post

Africa Oil & Gas: Presidential Hopeful Says Niger Delta Could Keep ‘All Oil Revenues’

Posted on November 17, 2018 by Mozambique Resources Post

Africa Oil & Gas: Presidential Hopeful Says Niger Delta Could Keep ‘All Oil Revenues’

A presidential candidate from the People’s Democratic Party has said the Niger Delta communities could keep all of the revenues the oil-rich province produces. In an interview with the Africa Report, former Vice President Atiku Abubakar suggested a sharing scheme might still be better for everyone.

Mozambique Oil & Gas: Govt to share gas revenue in “Tuna Bonds” restructuring

Posted on November 6, 2018 by Mozambique Resources Post

Mozambique Oil & Gas: Govt to share gas revenue in “Tuna Bonds” restructuring

Mozambique goverment has reached an agreement with creditors to restructure a 726.5 million dollars Eurobond, including extending maturities and sharing future revenues from huge offshore gas projects, the finance ministry said on Tuesday.

Mozambique Mining: Vale net Moatize coal revenues up by $69M

Posted on November 2, 2018 by Mozambique Resources Post

Mozambique Mining: Vale net Moatize coal revenues up by $69M

Brazilian mining major Vale has reported that its coal business, which is composed almost entirely of its Moatize coal operation, in the north-eastern Mozambique province of Tete, increased its net operating revenues during the third quarter of this year (3Q18) by $69-million, compared with the second quarter (2Q18).

Africa Mining: Congo mining revenues triple in H1

Posted on September 11, 2018 by Mozambique Resources Post

Africa Mining: Congo mining revenues triple in H1

(Reuters) – Democratic Republic of Congo’s revenues from its mining sector nearly tripled in the first half of 2018 over the same period last year to $864.61 million, the finance ministry said.

Mozambique Energy: HCB injects more than double the revenue to state coffers

Posted on August 24, 2018 by Mozambique Resources Post

Mozambique Energy: HCB injects more than double the revenue to state coffers

Revenue from the Cahora Bassa Hydroelectric Power Plant (HCB) entering the public coffers reached approximately US$10 million at the end of the first half of this year, more than twice that in the same period in 2017.

Mozambique Oil & Gas: Bondholders demand a piece of the country’s future gas revenues

Posted on August 6, 2018 by Mozambique Resources Post

Mozambique Oil & Gas: Bondholders demand a piece of the country’s future gas revenues

The group of bondholders is said to have asked the government to pay them portions of future natural gas revenue as part of a restructuring of Eurobonds

Africa Oil & Gas: Angola gets US$5.729 billion from oil tax revenues

Posted on August 2, 2018August 2, 2018 by Mozambique Resources Post

Africa Oil & Gas: Angola gets US$5.729 billion from oil tax revenues

Angola secured tax revenues of 1.47 trillion kwanzas (US$5.729 billion) from the sale of 233.87 million barrels of oil in the first half of 2018, according to figures from the Ministry of Finance compiled by Angolan news agency Angop.

Global Oil & Gas: Anadarko misses profit estimates, beats revenue expectations

Posted on August 2, 2018 by Mozambique Resources Post

(Reuters) – Anadarko Petroleum Corp on Tuesday missed Wall Street quarterly profit estimates but beat expectations on revenue as production increased and margins improved in its U.S. shale operations.

Global Oil & Gas: China’s Sinopec Expects Best Quarter In Years

Posted on July 26, 2018 by Mozambique Resources Post

China Petroleum and Chemical Corp expects to report its best quarter since 2013, based on Reuters calculations on a company forecast, boosted by a “favourable” downstream refining business and resurgent crude oil prices.

Africa Mining: Congo mining revenues triple in Q1; oil revenues down 11%

Posted on June 7, 2018 by Mozambique Resources Post

Democratic Republic of Congo’s (DRC’s) revenues from its mining sector tripled year-on-year in the first quarter of 2018 to $397.86-million, finance ministry data showed.

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