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Eni announces a giant gas discovery offshore Mozambique

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Eni announced a giant natural gas discovery at the Mamba South 1 prospect, in the Area 4 Offshore Mozambique. The volume of natural gas discovered will lead to a large-scale gas development with a combination of both export to regional and international markets through LNG and supply to the domestic market.

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Roskill: graphite prices could push higher on tightening markets for batteries & electrodes

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The tight supply/demand situation for graphite electrodes is expected to persist for much longer than many market observers expect. Meanwhile, needle coke is being increasingly diverted into the battery market. Price rises are the result of a perfect storm of conditions in China, Roskill said.

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Chevron to acquire Anadarko in $33B deal; shale and tight, deepwater, LNG

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Anadarko’s assets will enhance Chevron’s portfolio across a diverse set of asset classes, including: Shale & Tight – The combination of the two companies will create a 75-mile-wide corridor across the most attractive acreage in the Delaware basin, extending Chevron’s leading position as a producer in the Permian.

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