OIL & GAS
Exxon Mobil Corp said on Thursday it would buy a 25% stake in a natural gas-rich block, offshore Mozambique, from Italy's Eni for $2.8-billion in cash. The offshore gas reserves discovered by Eni in Mozambique are large enough to need a giant liquefied natural gas (LNG) export plant.
Please enter the email address that you used to subscribe to Research Channel. Your password will be sent to this address.
Don't have any login details?
Free Trial Access