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Country summary: Mongolia

energy-pedia opportunities - Mongolia:
Current deals: 1
Licensing articles: 15
Completed deals: 9

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Mongolia - recent news

19 Oct 26
Mongolia: Petro Matad provides an update on its renewable energy activities in Mongolia
Petro Matad, the AIM quoted Mongolian oil company, has provided an update on its renewable energy activities in Mongolia. The Company has signed an MOU covering cooperation on a renewable energy export initiative from Mongolia into China targeting a capacity of 4.5GW as a first phase, supported by 500MWh of battery storage.
29 Sep 26
Mongolia: Petro Matad announces interim results for the six months ended 30 June 2026
Petro Matad, the AIM quoted Mongolian oil company, has announced its unaudited interim results for the six months ended 30 June 2026. The Company has proven that Block XX is capable of reliable and commercial production, with both the Heron-1 and Gazelle-1 wells performing consistently and in line with or ahead of expectations. This strengthens the Company's position as it continues discussions with potential farm-in partners to accelerate the development.
22 Sep 26
Mongolia: Petro Matad provides an update on its 2026 Oil Sales Agreement
Despite having issued written confirmation in August to Petro Matad and the Mongolian government that all its internal issues with respect to the 2026 Oil Sales Agreement had been resolved and that export and sale of Petro Matad’s 2026 production would commence, PetroChina has now advised that internal discussions are still ongoing within its head office.
13 Aug 26
Mongolia: Petro Matad agrees 2026 Oil Sales Agreement with
Petro Matad agrees 2026 Oil Sales Agreement with PetroChina for Block XX production and secures development rights to three utility-scale renewable energy projects, significantly expanding its portfolio in Mongolia.
25 Jun 26
Mongolia: Petro Matad announces final results for year ended 31 December 2025
Petro Matad, the AIM quoted Mongolian oil company, has announced its audited final results for the year ended 31 December 2025. 2025 was a standout year for Petro Matad with continuing production from Heron-1 and the exciting addition of Gazelle-1 in the fourth quarter.

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