Investment

Mozambique Oil & Gas: Anadarko to invest US$176m in 2019 first half

Posted on February 27, 2019February 27, 2019 by Mozambique Resources Post

Anadarko Petroleum plans to invest about US$176 million in the Rovuma basin’s natural gas exploration project in northern Mozambique in the first half of this year and before the project’s partners make a final investment decision, according to the annual report on 2018.

Global Industry: Renewables investment falls short of lofty ambitions

Posted on February 6, 2019February 6, 2019 by Mozambique Resources Post

A yawning investment gap in clean energy means it is still just a marginal part of many portfolios.

Industry Analysis: “Why continued investment in gas infrastructure is not optional” – GGP

Posted on November 23, 2018 by Mozambique Resources Post

With the Paris Agreement and energy transition plans top-of-mind challenges for many energy policymakers, some have been debating the merit of continued investment in natural gas infrastructure. BY: TATIANA KHANBERG

Africa Oil & Gas: “New gas finds, investments, and their implications in Mozambique” – Report

Posted on November 20, 2018 by Mozambique Resources Post

Large flows of foreign investments have not been translated into a boom for the Mozambican economy. On the contrary, they have foreshadowed a sustained period of deep economic difficulty for the country. What is the story behind this phenomenon and what are its implications?

Global Industry: Upstream Players Must Boost Spending

Posted on October 26, 2018 by Mozambique Resources Post

Global oil and gas development spend needs to increase by around 20 percent, to about $600 billion, to meet future demand growth and ensure companies sustain production next decade.

Mozambique Oil & Gas: Companies to spend $900 million with exploration activities

Posted on October 9, 2018 by Mozambique Resources Post

Companies exploring for oil and gas in Mozambique will spend at least $900 million, boosting the nation’s hopes of becoming a major exporter, Mineral Resources Minister Max Tonela said.

Global Energy: “Investment in 2017 fails to keep up with energy security and sustainability goals” – IEA

Posted on July 17, 2018 by Mozambique Resources Post

The electricity sector attracted the largest share of energy investments in 2017, sustained by robust spending on grids, exceeding the oil and gas industry for the second year in row, as the energy sector moves toward greater electrification, according to the International Energy Agency’s latest review of global energy spending.

Africa Energy: Egypt spurs electricity grid development with a $1.4bn investment in two years

Posted on June 1, 2018June 1, 2018 by Mozambique Resources Post

Egypt has set aside 25-billion Egyptian pounds (around $1.4-billion) to be spent over two years on developing the country’s electricity network, the electricity minister said on Wednesday.

Africa Oil & Gas: Angola oil production falls due to lack of investment

Posted on May 21, 2018 by Mozambique Resources Post

Angola’s current decline in oil production is due to a lack of investment in prospecting, surveying and exploration segments, said the Minister of Mineral and Oil Resources Diamantino Azevedo, speaking in Porto Amboim at the First Consultative Council of the Ministry of Industry.

PRESS RELEASE: Global energy investment fell for a second-year in 2016 as oil & gas spending continues to drop

Posted on July 11, 2017 by Mozambique Resources Post

Global energy investment fell by 12% in 2016, the second consecutive year of decline, as increased spending on energy efficiency and electricity networks was more than offset by a continued drop in upstream oil and gas spending, according to the International Energy Agency’s annual World Energy Investment report.

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