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Mozambique Oil & Gas: Heads of State energy companies replaced, New faces emerge

Mozambique’s government has sacked the heads of the state energy companies responsible for overseeing the development of huge offshore gas reserves, cabinet said late on Tuesday. 383 more words

Mozambique Oil And Gas Industry

August Acquisitions

August started off as one of those months that finally would bring a positive swing to the Portfolio after the great start that I have enjoyed at the beginning of the year. 1,230 more words


Gas Discovery Spurs Eni Further Into Egypt

As energy firms face challenges across North Africa, Italy’s Eni continues to find fortune in Egypt.

This week saw the energy giant announce that they would be strengthening their commitment to its operations in the country following further discoveries in the Nile Delta. 282 more words


Mozambique Oil & Gas: Eni Q2 profit desappoint

Eni of Italy said its adjusted net profit dipped 84 percent to €139 million amid a sharp decline in oil prices. In the second quarter, Eni’s hydrocarbon production was 1.754 million boe/d, up by 10.7 percent on year. 94 more words
Mozambique Oil And Gas Industry

Four Italians Kidnapped In Libya

Four Italian citizens, employees of construction company Bonatti, have been kidnapped in Libya, near a compound owned by Italian oil and gas group Eni. 85 more words


:: The impact of the Iran deal on global oil ::

In what is being heralded as a turning point in modern geo-political relations, the US, UK, France, Germany, Russia and China reached an agreement with Iran over it’s nuclear programme. 375 more words