The Government will launch, this Thursday, a new tender for the concession of 16 areas for oil and gas exploration and production, in order to meet the needs of energy transition using 'cleaner' energies, such as natural gas. According to the President of the Administration Council (PCA) of the National Petroleum Institute (INP),...
IMF finds it unwise to limit development of gas projects in Mozambique
The International Monetary Fund (IMF) says it is somewhat sensible to limit the development of gas projects in the Rovuma basin in the north of the country, since their link to fossil fuel consumption is a problem to be solved globally and "not at the expense of one country or another." According to the...
Portugal is the fourth country to close coal-fired power plant
Portugal demonstrated its commitment to the environment over the weekend by shutting down the country's last coal-fired power plant, thereby cutting its use of the pollutant for electricity production. With the action, it will become the fourth country to stop using coal for electricity production. Belgium, Austria and Sweden are the...
US may give up oil reserves to curb rising energy prices
The United States may announce today a loan of its emergency crude oil reserves as part of an agreement with major Asian energy consumers. The so-called "swap" of the U.S. Strategic Petroleum Reserve (SPR)" is expected to be announced in a coordinated action among several countries. The measure aims to reduce the prices of...
Sasol aims to start producing Green Hydrogen in 2023
The South African oil company plans to start producing six tons of green hydrogen in 2023 at its Sasolburg facility by 2023, according to prospects put forward at the Africa Green Hydrogen Forum. The company's vice president for climate change, Shamini Harrington, said that green hydrogen would be the result of the combination of 60 MW...
Meet the South African robot for automating hard-to-reach mining environments
Dwyka Mining Services - a mining technology integration partner - has launched in South Africa the "Spot, a quadruped robot designed by US-based Boston Dynamics to serve a variety of mining applications. According to Dwyka MD Jamie van Schoor, "Spot" was designed entirely for the mining industry as the...
"Mozambique needs green investment, not fossil fuel financing"
Activists from the Friends of the Earth organization have launched a public petition for the British government to halt investment and about a billion dollars in the Total-led gas project in Mozambique. The petition points to the fact that the executive led by Boris Johnsosn has pledged to contain the...
US asks China, Japan and India to open up oil reserves
The United States of America (US) has asked most oil-consuming countries to release their reserves in order to reduce high energy prices, as well as rising prices for fuel and other consumer products. This request by the US president, Joe Biden, translates the frustration of the US...
FAR drilling off Gambia's coast in search of oil
Australian oil and gas company, FAR, last Friday (12) began drilling an oil exploration well, named Bambo-1, in Block A2 off the coast of The Gambia. FAR, which halves its exploration share in the area with Malaysian company Petronas, said the vessel...
Rovuma Venture may launch second gas platform in Mozambique
The Mozambique Rovuma Venture plans to study the possibility of launching a second platform for onshore natural gas liquefaction in northern Mozambique, according to the director of Galp, who was speaking about the baptism, today, of the first structure of its kind produced in South Korea. Thore Kristiansen said that the next phase of...