Gas
ExxonMobil boosts Rovuma LNG stake
CEII brief
LNG Prime reported on 2 Nov 2026: ExxonMobil boosts Rovuma LNG stake.
Read the full story on LNG PrimeUS energy giant ExxonMobil has increased its stake in the planned Rovuma LNG project in Mozambique through a deal with Italy’s Eni, while the company still targets a final investment decision by the end of this year, according to ExxonMobil CEO Darren Woods.
Context from CEII
Gas is the flexible backbone of many grids and the designated transition fuel in many national plans, from LNG trade to domestic LPG and CNG. Supply security and pricing drive both power reliability and emissions.
45.7% of electricity in Italy came from gas in 2025Countries in this story
Original reporting © LNG Prime. Headline and excerpt quoted with attribution; the full article is available on the publisher’s site. CEII’s context is the Centre’s own and does not represent the publisher.
