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Cabo Delgado: Exxonmobil diz que a segurança está a melhorar, mas não avança datas para retoma do projecto
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Cabo Delgado: Exxonmobil says security is improving, but gives no dates for resuming the project

The general manager in Mozambique of the American oil company ExxonMobil, Arne Gibbs, said that safety conditions in Cabo Delgado province, especially in the regions where liquefied natural gas (LNG) projects are being carried out, are improving compared to previous years. ExxonMobil is leading the construction and operation of all...

Empresários de Cabo Delgado sugerem a retirada de investimento francês na bacia do Rovuma
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Cabo Delgado businessmen suggest withdrawal of French investment in the Rovuma basin

The business sector in Cabo Delgado suggested this Tuesday the withdrawal of French investment in natural gas projects in the Rovuma basin, claiming that the discovery of natural gas has created instability in the north of the country. According to the president of the Cabo Delgado Business Council, Mamudo Irache, French investments in Area 1...

Projectados quatro poços de pesquisa de petróleo
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Four oil exploration wells planned

Four wells will be drilled this year for hydrocarbon research and prospecting in Mozambique, according to an official source. Two of the wells will be drilled in the Angoche region, one in the Búzi area and another in the PT5-C area operated by Sasol, a source from the National Petroleum Institute (INP) told "Notícias". This will be the...

Banco de Moçambique poderá começar a gerir o Fundo Soberano a partir do próximo mês
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Bank of Mozambique could start managing the Sovereign Wealth Fund next month

The Bank of Mozambique (BdM) could be legitimized as the operational manager of the Sovereign Fund at the end of February or beginning of March, through an agreement to be signed between the financial institution and the government. According to the national director of Economic Policies and Development at the Ministry of Economy and Finance (MEF), Enilde...

Área 1: TotalEnergies diz que não está longe de voltar a Cabo Delgado, mas não avança datas
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Area 1: TotalEnergies says it is not far from returning to Cabo Delgado, but does not give dates

The CEO of TotalEnergies said today that the French oil company is not far from having everything ready to restart work on natural gas exploration in Cabo Delgado, northern Mozambique. Speaking during the presentation of the company's 2023 results in London, Patrick Pouyanné assured that: "we are mobilizing the contractors again...

Moçambique vai beneficair de fundo de 5,5 mil milhões de euros para cooperação com Itália
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Mozambique to benefit from 5.5 billion euro fund for cooperation with Italy

The Prime Minister of Italy, Giorgia Meloni, announced on Monday that Mozambique and other African countries will benefit from a cooperation fund worth 5.5 billion euros. The fund is part of the strategic cooperation plan called the "Mattei Plan", which aims to stem the flow of migrants to that country in particular and Europe in general....

OPEP mantém estimativas de crescimento da procura mundial de petróleo para 2024 e 2025
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OPEC maintains world oil demand growth estimates for 2024 and 2025

OPEC announced on Wednesday that it is maintaining its estimates for growth in world oil demand for 2024 and 2025, at 2.2% and 1.8% respectively, despite persistent geopolitical uncertainties. For this year, analysts from the Organization of the Petroleum Exporting Countries (OPEC) forecast global demand of 102.1 million barrels per day, while for...