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Tag: EXXON MOBIL

Business / economics

Challenges Facing the Tanzanian Shilling Amid Economic Growth

March 19, 2025March 19, 2025 - by Allegra Nguyen - Leave a Comment

Tanzania’s economy is expanding, yet its currency, the shilling, has decreased by 8.9% this year, making it the world’s poorest performer. The decline is attributed to rising imports and increasing …

Challenges Facing the Tanzanian Shilling Amid Economic Growth Read More
Companies

Renaissance Completes $2.4 Billion Acquisition of Shell’s Nigerian Assets

March 14, 2025March 14, 2025 - by Carmen Mendez - Leave a Comment

Renaissance Africa Energy Holdings has completed the acquisition of Shell’s Nigerian assets for $2.4 billion, marking a key moment in the country’s energy sector. This acquisition ends Shell’s near-century operations …

Renaissance Completes $2.4 Billion Acquisition of Shell’s Nigerian Assets Read More
Business

Raizen SA Engages JPMorgan for Sale of Argentine Energy Assets

March 6, 2025March 6, 2025 - by Allegra Nguyen - Leave a Comment

Raizen SA is exploring the sale of its Argentine oil refinery and gas stations, hiring JPMorgan for the process. This move comes amid a trend of multinational exits from Argentina, …

Raizen SA Engages JPMorgan for Sale of Argentine Energy Assets Read More
Companies

Ibama Staff Recommend Denial of Petrobras Drilling in Sensitive Amazon Region

February 27, 2025February 27, 2025 - by Sofia Nawab - Leave a Comment

Ibama’s technical staff have recommended denying Petrobras drilling rights in the Foz do Amazonas region due to environmental concerns, specifically regarding response measures for oil spills. The final decision is …

Ibama Staff Recommend Denial of Petrobras Drilling in Sensitive Amazon Region Read More
economics

Guyana and Suriname: Emerging Forces in the Global LNG Market

November 5, 2024November 5, 2024 - by Sofia Nawab - Leave a Comment

Guyana and Suriname aim to produce 12 million metric tonnes of LNG annually by the 2030s, significantly impacting the global LNG market. Major investments from Exxon Mobil and TotalEnergies focus …

Guyana and Suriname: Emerging Forces in the Global LNG Market Read More
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