15 January 2020
14 January 2020
Production is higher than ever but the latest of Brazil's oil licensing round attracted very little interest from the foreign firms, suggesting that the boom may be short-lived, unless either the government improves the investment regime or international oil prices rise substantially.
02 January 2020
19 December 2019
Both of Mozambique’s giant onshore LNG projects have taken big steps towards development. One has completed its purchase of a large stake in Mozambique LNG, while the other project moves closer to its ambition of overseeing the commercial development of gas reserves in the Rovuma Basin.
13 December 2019
The Mozambican economy has continued to lose steam during the year, owing to the fall in commodities prices in international markets. Conflicts in the north also weigh heavily on business activity, bringing up inflation, an effect that is expected to carry into 2020.