Oil Barons Bid Billions For Mozambican Oil While Storm Fatalities Spike
May 10, 2019
The back-to-back cyclones that have ravaged Mozambique are unprecedented in recorded history, the UN said Friday. As more villages are wiped away, a multi-billion dollar bidding war is heating up in foreign board rooms among multinationals eager to extract Mozambican oil. Top bid so far by Occidental Petroleum Corp has reached $57 billion.