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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May 14, 2021May 14, 2021Markets
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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May 10, 2021May 10, 2021Markets
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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May 10, 2021May 10, 2021Oil & Gas
Eni Maintains Drilling Plans in Angoche
Italian oil company Eni is still planning to open at least one oil exploration hole later this year
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May 7, 2021May 7, 2021Oil & Gas
"Total Won't Have Big Problems Supporting the Shutdown of Operations in Cabo Delgado"
The French oil company Total should not have major problems in supporting the stoppage of operations in Cabo Delgado
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May 7, 2021May 7, 2021Markets
Bill Gates' company transfers 1.8 MM$ in shares of other stock to Melinda Gates
The company owned by the American millionaire transferred shares he held in other companies to the businessman's now ex-wife