The Tanzanian government, Shell and Equinor have resumed negotiations on a host government deal for a $30 billion liquefied natural gas (LNG) project that had been stalled since 2019. President Samia Suluhu Hassan - sworn in in March -, has strived to create a more favorable business environment,...
The Kimberley Process Participation and Presidency Committee decides today the decision on the admission of Mozambique to the Kimberley Process. This is an action that aims to start exporting diamonds. The international body responsible for this process, recommended this Thursday, in Russia, to the plenary the admission of Mozambique to this body, which...
The start-up Orbital Assembly Corporation (AOC) has announced plans to open a space hotel by 2027. Station Voyager is to be a luxury resort designed to accommodate 280 guests and 112 crew members, with a restaurant, a bar, a concert hall, a gym and even a movie theater. According to Tim Alatorre, vice president and architect...
The President of Mozambique, Filipe Nyusi, will launch today the Agrarian Campaign 2021/2022, in the center of the country, focusing on "increasing productivity and agricultural production" means of survival of the majority of the Mozambican population. The event, which will take place in Manica province, will also serve to evaluate the performance of the previous agrarian campaign,...
Oil prices, considered "black gold" are still in positive territory, recovering from the fall triggered yesterday by fears about rising inflation in the US. The West Texas Intermediate (WTI), "benchmark" for the United States, for December delivery adds 0.74% to 81.94 dollars a barrel. The December contract for Brent...
The Mozambican government ensures it is prepared to enter the international diamond sales market. The executive director of the Kimberley Process Management Unit, Castro Elias, assured this Wednesday that the government has met all the internationally required requirements for exporting diamonds, showing confidence in the country's admission into the club of states that...
The government wants greater supervision and control of the mining area, in order to respond to the growth that the industry and the energy sector have been witnessing in recent years. According to the Permanent Secretary of the Ministry of Mineral Resources and Energy, Teodoro Cândido, who was speaking this Tuesday at the opening of the III National Council of Inspectors, the growth of...
Bitcoin rose this Wednesday,1.9%, touching $68,991, breaking a new all-time high and being less than a step away from the $69,000 plateau. According to Coin Market Cap data, the price of the 'cryptoqueen' corrected 2.25%, to $68,488, 01. The increase in the price of the most quoted cryptocurrency...
A study by Global Climate Insights (GCI) reveals that Sasol risks missing its climate targets if the group of does not secure the alternatives needed to replace coal. In September, South Africa's second largest producer of greenhouse gases announced a plan to reduce the...
Galp Energia CEO Andy Brown said he intends to increase cash flow and profits, and follow through with the company's strategic transformation plan focused on renewable energy, biofuels and hydrogen. The pillar of the Portuguese oil company noted that the company's goal of making its operations less harmful to the environment requires, in...