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Cove/Mozambique: much more gas
The price tag on Cove Energy, the UK-listed oil and gas company that has a stake in Mozambique’s biggest gas field, just went up. Cove, which has at least three potential buyers banging on its doors,...
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Mozambique: a fair share dilemma
Mozambique is attracting the interest of foreign investors with its potentially huge coal and gas riches – which has sparked a debate in the country about whether the impoverished nation will get its...
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Cove and Shell: they think it’s all over
Three months after it put itself up for sale, Cove Energy – the UK listed company with interests in Mozambique’s huge natural gas fields – said on Tuesday it had accepted a bid from Royal Dutch Shell...
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Cove’s gas find could fire up the bids
Cove Energy, the London-listed explorer that is on Royal Dutch Shell’s radar and attracting interest from Asia, may have just got a bit pricier. The company announced on Tuesday that, together with...
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Battle for Cove: PTT raises offer
Shell, over to you. The bidding war for London-listed energy company Cove took another turn on Wednesday. PTT Exploration & Production, Thailand’s biggest oil explorer, raised its offer to 240p per...
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Shell / Cove: we’re out
After a bidding war that has gone on almost all year, Shell has on Monday stepped out of the bidding war for Cove Energy. Which means the winner of the battle for the London-listed company is PTT of...
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Eni adds to Mozambique’s offshore allure
Mozambique’s are the gas fields that just keep giving. Eni, the Italian state-controlled energy group, said on Wednesday it had made a significant find of gas in the Mamba offshore exploration block –...
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