ExxonMobil Divests Equatorial Guinea Assets
The multinational’s exit follows 30 years of operations in the country.
Read the latest Archives of oil, gas and energy news.
The multinational’s exit follows 30 years of operations in the country.
ExxonMobil is in advanced discussions to explore for oil and gas in the North African nation, marking a strategic expansion of its operations in Africa.
Funding from the KfW Development Bank comes as part of the Global Electricity Transition Feed-in-Tariff program that aims to improve electrification and drive IPP participation in the renewable energy sector.
O ambicioso plano de infra-estruturas para Angola, destinado a apoiar a nova capacidade de produção, o transporte de eletricidade e o desenvolvimento energético, foi apresentado no dia de abertura do AOG 2023.
The first day of AOG 2023 showcased Angola’s ambitious infrastructure plan to support new production capacity, power transmission, and energy development.
With the funding, Angola’s Ministry of Energy and Water will construct 48 hybrid photovoltaic generation systems across the country’s rural municipalities.
The African Development Bank and the respective governments of Mauritania and Mali have agreed to mobilize up to $900 million for the Mauritania-Mali power line, connecting 620,000 people and boosting economic growth.
The global energy major has applied to pre-qualify for four blocks in the Liberia Basin.
ExxonMobil will increase phase one capacity of its planned Rovuma LNG onshore terminal in Mozambique.
ExxonMobil may invest $15 billion for the evaluation of Angola’s potential hydrocarbon reserves, pending the success of commercial oil discoveries in the Namibe Basin.