Saturday, October 16, 2021

Country’s historic natural gas investment boom threatened, says Economists

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Mozambique's economic hopes had been pinned on massive natural gas reserves discovered a decade ago, but an escalating Islamist insurgency threatens to pull the...

Exxon Mobil’s delayed FID impacts Mozambique’s economy

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With the delay of the Final Investment Decision (FID) expected for the first quarter of 2020 due to covid-19, Mozambique-registered companies have stopped earning...

Mining Indaba 2021 goes virtually

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Organisers of the continent’s biggest mining jamboree – African Mining Indaba have announced postponement of the event, slated for early next year. Simon Ford, Portfolio...

Greenpeace condemns exploitation of yet another fossil fuel in South Africa

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Commenting on the arrival of Total’s oil and gas drill rig DeepSea Stavanger in Cape Town on August 12, environmental organisation Greenpeace Africa says...

Standard Bank in biggest-ever deal for Mozambique gas venture

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Standard Bank oil and gas head Dele Kuti has revealed that besides contributing $485-million to the project, Standard Bank is also playing various other...

Sasol withdraws from Mozambique offshore gas venture

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South African petrochemicals giant Sasol is trying to shed assets to pay off its debt pile and avoid a rights issue of up to...

Africa’s most talked-about hydrocarbons projects

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Mozambique LNG – undoubtedly one of Africa’s most talked-about hydrocarbons projects is made up of the Golfinho-Atum gas field development (Area 1) in the...

New fuel importer chosen

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The Mozambican Petroleum Importing Agency (IMOPETRO) on Friday chose Sahara Energy as the country’s official fuel importer for the next six months, reports Monday’s...

LNG leaders gather in Maputo

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Key decision-makers in this fast-emerging LNG hotspot are billed to gather next month at the Mozambique Gas Summit & Exhibition. Organisers of the event said...

Companies sign contracts for oil exploration in Mozambique

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The companies that were awarded the 5th public tender for the concession of areas for oil research and production on Monday began to sign...