Mozambique Oil & Gas: Anadarko working on SPAs for Rovuma Area 1 block

Mozambique Oil & Gas: Anadarko working on SPAs for Rovuma Area 1 block

Anadarko Petroleum has agreed key terms on the offtake of around two-thirds of the liquefied natural gas from the first phase of its proposed Area 1 development in Mozambique, where sanction is set for the first half of next year.

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Africa Oil & Gas: BP Oil-Buying Spree Jolts Sleepy West African Crude Market

Africa Oil & Gas: BP Oil-Buying Spree Jolts Sleepy West African Crude Market

(Bloomberg) — Two of the world’s biggest oil companies are stepping up buying and selling of West African crude at the same time as a new regional swaps market has emerged, as merchants seek new ways to eke out profits in a tough trading environment.

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Mozambique Energy: Cahora Bassa hydroelectric plant to invest €500 million in 10 years

Mozambique Energy: Cahora Bassa hydroelectric plant to invest €500 million in 10 years

The Cahora Bassa Hydroelectric Plant (HCB) has a 10-year investment plan in the amount of 500 million euros, Vital Capex, to recover and modernise the company’s electricity production system, said the company’s chairman.

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Africa Energy: Donors support tariff hike in Malawi

Africa Energy: Donors support tariff hike in Malawi

Three of the country’s development partners—United States of America, Germany and the World Bank—have backed proposals to increase electricity tariffs, saying Malawi has the lowest charges in sub-Sahara African region which burdens the utility company.

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