The Mozambican government is pushing for ExxonMobil to take a final investment decision (FID) on its Rovuma LNG project before elections on 15 October, but a combination of higher-than-expected engineering, procurement and construction (EPC) bids, and growing uncertainty around the security [...]
Police fired tear gas on striking coal miners in the province of Tete on Thursday, who were protesting at poor treatment by an Indian contractor of Indian state-owned mining consortium ICVL — which is hoping to expand its activities in the province.
A state-owned Chinese company is to take a 34% stake in graphite producer Triton Minerals for A$19.5 million (US$13.6m), which Triton says will allow it to complete the financing of its graphite mine project in Cabo Delgado province, which looks set to [...]
The Anadarko-led Area 1 consortium has assembled a large group of state-owned export credit agencies (ECAs) to support the financing of the $20 billion Mozambique LNG project which reached its final investment decision (FID) on 18 June, sources have told [...]
Differing estimates for the total cost of Anadarko’s Mozambique LNG project are causing a stir…
Anadarko and its partners formally took the Final Investment Decision on their 13 million tonnes per annum LNG project at a ceremony in Maputo last night, attended by President Nyusi and heads of state from across the region.
Indian steel producer Jindal has finally resettled 100 families from its coal mine in Tete province, seven years after it [...]
ExxonMobil, the operator of the Rovuma LNG project, has hired the lead attorney in the US government’s investigation into Mozambique’s $2 billion “hidden debt” scandal to join its legal team. Matthew [...]