Anadarko Petroleum Corp. is mulling over the possible sale of another stake in its prize asset in East Africa, Mozambique’s Offshore Area 1. Potential firms making the top of the buyer list – ExxonMobil and Qatar Petroleum. In 2013 Anadarko made the first sale of a portion of its stake in the highly prolific block […]

The government of Mozambique delayed the close of its fifth oil and gas licensing round again. The round was supposed to close in mid-January, then the government pushed it to April 30 due to what they said was a “high level of interest” and a request for more time from interested firms. The government said […]

Enel SpA could sell off $1.07 billion of assets in Europe and Africa a Bloomberg report said. The sale would be help with slower growth and weak demand that the company is seeing. The company is said to be considering selling upstream assets in Algeria, Egypt, and Italy as well as its renewable energy assets […]