Mozambique plans to increase production of liquefied natural gas (LNG) by 500% in five years, to 20 million tonnes per year (mtpa), according to data from the government's Five Year Programme 2025 - ...

Moody’s Ratings has downgraded the local currency long-term issuer rating for the Government of Mozambique from Caa2 to Caa3, ...

Trump’s second term could be remembered as the moment Africa’s fossil fuel industry came into its own — as a partner to the U.S. in a shared vision of energy abundance. With four years of clear skies ...

The deal, initially announced in May 2024, gives XRG access to Mozambique’s Rovuma Basin, one of the world’s largest gas ...

XRG, the international investment arm of Abu Dhabi National Oil Co., has acquired a 10% stake in a liquefied natural gas ...

Moody’s expects Mozambique to continue facing liquidity challenges and fiscal pressure in the near to medium term. The stable outlook is balanced by potential economic and fiscal gains from the ...

XRG, a subsidiary of Abu Dhabi National Oil Company (ADNOC), has completed the acquisition of Galp’s 10% interest in the Area ...

The Rovuma Basin, one of the largest gas discoveries in the past fifteen years, offers XRG access to pioneering LNG projects ...

TotalEnergies announced on Wednesday that it is supporting investigations by authorities into allegations of criminal ...

Dow Jones Newswires is a market-moving financial and business news source, used by wealth managers, institutional investors and fintech platforms around the world to identify trading and investing ...

“It’s counterproductive for the Export-Import Bank to even consider sending $5 billion in U.S. taxpayer dollars to fund a French-owned liquefied natural gas project in Mozambique,” Steve Forbes, ...