Browsing: ExxonMobil

Oil & Gas
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Mozambique to charge $350 million capital gains tax on Eni-Exxon deal

Eni will pay roughly $350 million in capital gains tax on its $2.8 billion sale of a stake in its Rovuma Basin gas block to ExxonMobil, Mozambique’s tax authority announced on Tuesday. Aníbal Mbalango, the Autoridade Tributaria (AT)’s adjunct director general [...]

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Oil & Gas
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Eni-Exxon CGT bill ‘not automatic,’ says Mozambique tax authority

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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