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Exxon Mobil ends oil exploration in Madagascar after poor finds -minister

2015-07-04 07:17:37| Chemicals - Topix.net

Exxon Mobil Corp has ended its oil exploration in Madagascar after disappointing findings in its off-shore blocks, the Malagasy Mining and Petroleum Minister said on Friday. Exxon's affiliates resumed exploration in Madagascar in 2013 after a four-year pause due to a force majeure declared after the 2009 coup on the Indian Ocean island.

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