Mozambique will gain $350m in capital taxes from Eni after the Italian oil and gas company agreed to sell a stake in a gas field to ExxonMobil Corporation.
Eni announced on Wednesday that it was “within weeks” of sealing a multi-billion-dollar deal to sell a stake in its Mozambique operations, with ExxonMobil favorite to buy the asset.
Algeria's Sonatrach wants to start its offshore oil drilling and has begun discussions with U.S. operators ExxonMobil Corp and Anadarko, as well as Italy's Eni.
His Excellency Egypt's President Abdel Fattah El Sisi translated his support for Egypt Petroleum Show (EGYPS 2017) by personally inaugurating EGYPS Exhibition.
The US-based ExxonMobil Corporation is in secret talks with Juba to buy a stake in South Sudan’s vast untapped oil deposit, according to a senior-level government source familiar with the negotiations.
State-owned energy company Qatar Petroleum (QP) has joined an international consortium of major US, European, and Japanese energy companies to develop a liquefied natural gas (LNG) import project in Pakistan in colla ...
Tanzania hopes to reach an agreement with international oil companies in 2018 paving the way for the construction of a liquefied natural gas (LNG) plant, part of a bigger plan for a new export terminal.