Wed Aug 31, 2011 15:07 GMT |
ExxonMobil and Rosneft announced on August 30, 2011 that they had reached a deal to set up a joint venture (JV) to explore for hydrocarbons in East Prinovozemelskiy (EPNZ) blocks 1, 2 and 3 in Russia’s South Kara Sea. Rosneft will retain a 66.7% stake in the JV. The three blocks cover a total of… [Read more]
Tags: Arctic, ExxonMobil, joint venture, oil and gas, Rosneft, South Kara Sea
Posted in: Emerging Europe, General, oil and gas, US
Thu Aug 19, 2010 17:31 GMT |
For decades, oil and gas investors in Africa have focused on exploiting the riches of the continent’s established producers Nigeria, Angola, Libya and Algeria. In recent years, however, spurred on by large discoveries offshore Ghana and in the Lake Albert region in Uganda, the industry has been looking beyond the traditional oil markets to a… [Read more]
Tags: CNOOC, Equatorial Guinea, ExxonMobil, Ghana, GNPC, Kosmos, Lake Albert, Mozambique, oil, Political Risk, Sierra Leone, Tanzania, Tullow, Uganda, West Africa
Posted in: Africa, Commodities, FDI, General, Geopolitics, oil and gas