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Category: Markets
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"We will be back," says Total's president after meeting with Filipe Nyusi in Paris
Patrick Pouyanné guarantees that the company is only waiting for safety conditions to be restored before resuming activities in Mozambique
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Elon Musk and Jeff Bezos start the day with financial losses in the millionaires' ranking
Jeff Bezos and Elon Musk, the number one and number two in the rankings of the world's richest men, closed the last 24 hours on the wrong foot
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Delay in Mozambique gas projects hampers debt repayment - Consultant
The consultancy Capital Economics said on Friday that the delay in gas projects in Mozambique will make it "complicated" to pay interest on the sovereign debt from 2023 onwards
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Sasol sells 30% of its stake for R5 five billion to pay off debt
In a debt crisis for several years now, the South African petrochemical company, Sasol, has already started to divest part of its assets in Mozambique
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Gold Advances on Signs of Inflationary Pressure
Pressure from the possibility of a strong rise in the inflation rate in the United States is being reflected in a greater bet by investors in assets considered safe haven
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"Exit of Total subcontractors shows that Mozambique is insecure for Investment"
In Cabo Delgado, at least two companies subcontracted by Total for its liquefied natural gas project have begun dismantling and removing infrastructure in Palma
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"Mozambique Hasn't Prepared for the Implications of Mega-Projects" -Alda Salomão
Environmental activist Alda Salomão believes that Mozambique has not organized itself properly for the natural gas mega-projects
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Oil rises after US cyber attack. Gasoline at 2018 highs
Oil prices are rallying in Monday's session after a cyberattack halted production at one of the largest producers
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Eni Maintains Drilling Plans in Angoche
Italian oil company Eni is still planning to open at least one oil exploration hole later this year