US oil company Exxon Mobil made a profit of 7.713 billion dollars in the first quarter of the year, a fall of 6.17%...
Oil & Gas

Frelimo Secretary General opens the way for cooperation between Vietnam and Mozambique in the oil, energy and agriculture sectors
On the afternoon of April 28, at the Meliá Hanoi Hotel, the High Level Delegation of the Frelimo Party, led by...

Coral Norte: Italy praises Mozambique's decision and foresees new investments
The Italian Ambassador to Mozambique, Gabriele Annis, today in Maputo welcomed the decision of the Mozambican government to authorize...

Mozambique could lose more than USD 217.6 million due to delays in auditing the recoverable costs of gas projects
The government could lose more than USD 217.6 million due to the lack of timely certification of recoverable costs declared by...

Coral North Project: Eni plans to invest USD 3 billion in Mozambican companies
Italian multinational Eni plans to invest three billion dollars in Mozambican companies in the goods and services sectors...

Cabo Delgado/ENI: Executive approves Coral Norte FNLG project for 30 years
The Executive approved the development plan for the Coral Norte FLNG project, for the development and production of 3.5 million...

Rovuma Basin: Coral Sul reaches 100 gas shipments in Cabo Delgado
The natural gas extraction platform, Coral Sul FLNG, in the Rovuma Basin, in Cabo Delgado province, hit...

Cabo Delgado/GNL: Indian state approves funding for TotalEnergies project
ONGC Videsh Limited (OVL), the international arm of Oil and Natural Gas Corporation Limited (ONGC), the National Oil Company...

Government to renegotiate megaproject contracts
The President of the Republic, Daniel Chapo, is going to renegotiate the contracts of the mega-projects that exploit natural resources in the country...

Cabo Delgado: Insecurity undermines international investor confidence, according to NGO
The insecurity in the province of Cabo Delgado, caused by recurrent terrorist attacks, is compromising the confidence of international investors and the...

"US funding opens up prospects for resumption of LNG project in Mozambique" - Fitch Ratings
The approval of a 4.7 billion dollar loan for the...

Cabo Delgado: TotalEnergies project hides real interests and geopolitical issues
The optimism over the resumption of the TotalEnergies project in Cabo Delgado province masks the real geopolitical interests and issues...