Mozambique Oil & Gas: Companies to spend $900 million with exploration activities

Mozambique Oil & Gas: Companies to spend $900 million with exploration activities

Companies exploring for oil and gas in Mozambique will spend at least $900 million, boosting the nation’s hopes of becoming a major exporter, Mineral Resources Minister Max Tonela said.

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

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: Gas agreement with Rosneft, ExxonMobil by year end

Mozambique plans to sign an agreement with Rosneft and ExxonMobil on gas field exploration in the north of the country by the end of 2018, Foreign Minister of Mozambique Jose Pacheco said following the talks with Russian top diplomat Sergey Lavrov on Monday.

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Global Oil & Gas: The Mysterious Chinese Company Looking To Buy Rosneft

When a little-known private Chinese company said in September 2017 that it would be buying 14 percent in Rosneft, many analysts were wondering how an obscure fuel trading company rose to such prominence as to become a major global M&A player to the point of agreeing to pay as much as US$9 billion for the stake in Russia’s oil giant.   

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