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China
13 August 2020

China Three Gorges Increases Stake in Portugal´s EDP

China Three Gorges (CTG) increased to 21,55% its stake in EDP, Portugal´s leading energy company, where it is already the largest shareholder. 
China
06 August 2020

Ncondezi Energy Moves Ahead With Coal Project in Mozambique With China´s CMEC

Ncondezi Energy Limited has submitted to Mozambique´s electricity utility, EDM, the Transmission Integration Study for its Ncondezi 300MW coal-fired power project and coal mine in Tete province, in which it partners with China Machinery Engineering Corporation (CMEC).
Portugal
30 July 2020

EUR 1.5 Bi Hydrogen Power Project Planned in Portugal

EDP, Galp and REN, Portugal´s major energy companies, are moving ahead in a European consortium to invest EUR 1.5 Billion in an hydrogen power project in the country´s industrial cluster of Sines.
Mozambique
27 July 2020

Mozambique Secures Future as a “Globally Significant Energy Supplier” – EIU

The financing of about USD 15.8 bn for the Area 1 liquefied natural gas (LNG) project in Mozambique secures the country´s future as a globally significant energy supplier, according to the Economist Intelligence Unit (EIU).
Brazil
27 July 2020

China´s Oil Imports from Brazil Double in June

China’s crude oil imports from Brazil almost doubled in June, as refiners ordered record volumes of the fuel in March and April when oil prices tumbled.
Mozambique
22 July 2020

Indonesia´s Buzi Hydrocarbons Suspends Natural Gas Exploration in Mozambique

Indonesian company Buzi Hydrocarbons (BH) has suspended drilling for natural gas n the Buzi block in central Mozambique, due to the new coronavirus.
Portugal
21 July 2020

EDP – Energias de Portugal to buy Spanish electricity company Viesgo for EUR 2 Bi

EDP – Energias de Portugal, which has China Three Gorges as its main shareholder has agreed to buy Spanish electricity company Viesgo from Macquarie funds in a deal worth EUR 2 Bi, including debt.
Mozambique
21 July 2020

US and Japan Finance Total and Mitsui´s USD 20 Bi Mozambique LNG Project

Total and Mitsui have signed a USD 14.9 Bi senior debt financing agreement for Mozambique LNG, the country’s first onshore LNG development.
Brazil
20 July 2020

Fuel Demand in Brazil Could Limit Exports to China, Petrobras Warns

Demand for fuels such as gasoline and diesel is growing in Brazil, which could limit exports to China in the coming months, Roberto Castello Branco, the chief executive of state-run oil firm Petrobras, said.
China
20 July 2020

China Three Gorges Corp. Leading Bidder for X-Elio Energy´s Spain Solar Parks

China Three Gorges Corp. is emerging as the leading bidder for Spanish solar park assets owned by X-Elio Energy SL, in what could become one of the few Chinese acquisitions in Europe this year.
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