Tag: Companhia Moçambicana de Hidrocarbonetos (CMH)

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Mozambique 'calls' Russian oil companies to bid for hydrocarbons

The Mozambican government today in Moscow invited Russian oil companies to participate in the sixth international hydrocarbons tender, to be launched in December, for the development of projects in the sector in the African country, according to a Lusa news report. Carlos Zacarias, president of the National Petroleum Institute (INP), told reporters that the country will be...

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CMH loses 54% of profits this year

Companhia Moçambicana de Hidrocarbonetos (CMH), part of Empresa Moçambicana de Hidrocarbonetos (ENH) recorded a revenue loss of about 54 percent due to the lower oil prices in the international market influenced by Covid-19. The information is in the Annual Report and Financial Statements of the last audit on the company in the year that ended...