Browsing: Exxon

Oil & Gas Chevron's Gorgon LNG project in Australia. Image: Chevron
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Occidental Petroleum appears to be moving into pole position to buy fellow US oil company Anadarko, after upping its price for the company to $76 per share, versus Chevron’s $63/share offer, and receiving $10 billion in backing for the deal from billionaire investor Warren Buffet. Oxy has no [...]

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Extractives An ExxonMobil offshore platform
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Mozambique’s petroleum regulator, INP, is still reviewing the LNG development plan for the Area 4 block in the Rovuma Basin, despite pressure from operator ExxonMobil to have the plan approved by the end of March to allow it to take a final investment [...]

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Daily Briefing Photo © Tom Bowker / Zitamar News
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Welcome to the last Zitamar Daily Briefing for 2018. The newsroom will be on holiday from now until 7 January - though exceptions may be made for important breaking news. Agenda:
Extractives MIREME minister Leticia Klemens talks with finance minister Adriano Maleiane. Photo © Alexandre Nhampossa / Zitamar News
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Mozambican transparency NGO the Centro de Integridade Pública (CIP) today demanded energy minister Letícia Klemens provide a clarification on why contracts from the latest round of oil and gas exploration licensing have still not been signed. [...]

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Oil & Gas Head of the tax authority Amélia Nakhare. Photo: Autoridade Tributária Facebook page
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Mozambique’s Tax Authority (Autoridade Tributaria, or AT) is still calculating the taxable base for the offshore gas block stake that Italy’s Eni is selling to US oil giant ExxonMobil, promising a statement on Tuesday on how it calculates the capital gains [...]

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