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Drilling & production - 19 June 2012

Exxon Mobil quits Poland shale exploration

Exxon Mobil is to cease its shale exploration activities in Poland in a move that will come as a heavy blow to the country’s ambitions of reducing its dependence upon Russia.

 
 
 

Ncondezi coal project continues

Ncondezi Coal Company Limited has released an update on its flagship Ncondezi coal project in the Tete provience of Mozambique as both the project’s definitive feasibility study and power plant near completion.