BMI

Global Markets: “Thermal coal price climbs to $100 per tonne” – BMI

Posted on July 25, 2018 by Mozambique Resources Post

BMI has increased its thermal coal price forecast for this year to $100/t from $85/t previously as a result of tight supply from exporting countries and higher demand on the back of hot weather in importing countries.

Global Markets: Saudi Arabia will be ‘Reluctant to Exhaust’ its ‘Substantial’ Spare Capacity – BMI

Posted on July 11, 2018 by Mozambique Resources Post

Saudi Arabia will be “reluctant to exhaust” its “substantial” spare capacity, according to oil and gas analysts at BMI Research.

Global Markets: “Unplanned supply outages to rise in July, posing “upside risk” to prices” – BMI Research

Posted on June 29, 2018 by Mozambique Resources Post

Unplanned supply outages look set to rise in July, posing “upside risk” to prices, oil and gas analysts at BMI Research said in a report sent to The Mozambique Resources Post.

Global Markets: “Risk of OPEC, NOPEC Output Deal Compliance Slippage Increases” – Analysts

Posted on May 16, 2018 by Mozambique Resources Post

The OPEC, non-OPEC production cut deal will hold in its current form until December 2018, but the risk of compliance slippage has materially increased with U.S. President Trump’s decision to withdraw from the Iranian nuclear accord.

Africa Mining: “Zambia’s copper production set to grow, but may be restricted by policy” – BMI

Posted on May 3, 2018 by Mozambique Resources Post

Although the growth prospects for Zambia’s mining sector remains positive for this year, amid rising copper prices and improved electricity supply, a worsening regulatory environment may negatively impact on the country’s copper production in the coming years, warns BMI Research.

Africa: “Mining in sub-Saharan Africa region to remain riskiest globally” – BMI

Posted on April 12, 2018 by Mozambique Resources Post

Sub-Saharan Africa’s mining sector will remain the riskiest in the world over the coming quarters as regulatory uncertainty rises in various markets across the region, says BMI Research.

Africa Mining: “Investment in Africa’s mining sector to rise” – BMI

Posted on April 4, 2018 by Mozambique Resources Post

Despite the fact that, through the enactment of new laws and regulations, local governments in Sub-Saharan Africa are starting to claim a larger share of their countries’ mineral resource wealth, BMI Research believes that investments in the region will continue to rise in Q3-2018.

Global Industry: “Oil, Gas Majors to Boost Renewable Spend” – Rigzone

Posted on January 13, 2018 by Mozambique Resources Post

Oil and gas majors will continue to strengthen investment into renewable energy and low carbon technology through 2018, although capital allocated in this area will still be significantly below volumes committed to conventional business activity.

Mozambique Oil & Gas: Fears of “Resource Nationalism” poses danger to investors

Posted on January 23, 2015 by Mozambique Resources Post

The uncertainties on regulation in Mozambique and the risk of an increase in “resource nationalism” may diminish investor interest and postpone projects, according to Business Monitor International (BMI). In its “Oil & Gas Report” for the first quarter of this year, the consultancy’s analysts said, “the regulatory uncertainties and the risk of increased resource nationalism [mandatory to hire a certain percentage of the workforce and local businesses] could decrease interest in investments and delay projects.”