Strong economic growth in Mozambique is supported by major investments in the coal mining and natural gas sectors but stricter control over state-run firms is necessary, the International Monetary Fund said on Thursda...
Political stability and absence of violence in Mozambique are in their lowest levels in two decades. And while Mozambique’s economy remains one of the most dynamic on the continent it is unclear how its m...
Talks between Eni and suitors including Chinese state utility Huadian for a stake of around 15 percent in the Italian oil major’s prized Mozambique gas field are dragging on due to differences over price, indust...
Anadarko Petroleum Corp. is poised to select a construction team led by Chicago Bridge & Iron Co. as its main contractor for a potential $15 billion Mozambique liquefied natural gas project, according to people fa...
Anadarko Petroleum is considering selling its multi-billion dollar stake in Mozambique’s giant gas reserves, with Exxon Mobil and Qatar Petroleum [QATPE.UL] both showing interest, banking and industry sources sa...
Mozambique, site of the biggest natural-gas discovery in a decade, may have to delay its petroleum licensing round because the rules haven’t been clarified, according to the country’s Center for Public Integrity. “Whe...
A new power plant has been commissioned in Mozambique by Aggreko and state power utility Electricidade de Moçambique (EDM). The diesel plant in the port city of Nacala comprises 22 diesel generator sets and has a maxi...
Africa’s energy industry could boom in the coming years, with Mozambique and Tanzania set to emerge as new frontiers if they can attract enough badly needed investment, a report said recently. Six of the top 10 ...
Eni has made a new high impact discovery at Agulha exploration prospect, in Area 4, offshore Mozambique. Preliminary estimates show that the Agulha structure could contain 5 to 7 Trillion cubic feet of gas in place. E...
Anadarko Petroleum Corporation announced the Atum exploration well discovered another significant natural gas accumulation within the Offshore Area 1 of the Rovuma Basin. The Atum discovery well encountered more than ...