investors

Angola: Oil sector leads foreign direct investment in 3Q 2018

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

The United States, France, China, Italy and the United Kingdom were the main foreign investors in the oil sector in Angola in the third quarter of 2018, according to figures released by the National Bank of Angola.

Global Markets: Investors spooked by Brazilian Vale’s surprise CEO shake-up

Posted on March 5, 2019March 5, 2019 by Mozambique Resources Post

Investors were skeptical on Sunday about the surprise decision by Brazil’s Vale SA to remove its high-profile chief executive in the wake of a deadly January accident at one of the world’s largest iron ore miner’s facilities.

Sustainability: Global investors say lack of climate action risks financial crash

Posted on December 12, 2018December 12, 2018 by Mozambique Resources Post

Global investors managing a combined $32 trillion in assets warned negotiators at the UN climate summit that the lack of action on climate change could provoke a financial crisis much deeper than the 2008 meltdown. For instance, investment firm Schroders said that the global economy could see losses of $23 trillion in the long run without rapid action. On the contrary, a rapid clean energy transition could result in enormous benefits. “The low-carbon economy presents…

Global Markets: New York Sues ExxonMobil For Investor Fraud

Posted on October 26, 2018 by Mozambique Resources Post

The New York attorney general is suing ExxonMobil, arguing that the oil major misled investors regarding its risks related to climate change.

Global Oil & Gas: Big Oil Is Raking in Cash, Investors Asking – Now What?

Posted on July 25, 2018July 25, 2018 by Mozambique Resources Post

(Bloomberg) — The dark storm clouds that have been hanging over the oil industry during the crude-price slump have suddenly started raining cash.

Sustainability: Mega investors urge G7 to speed up climate action, set coal aside

Posted on June 8, 2018 by Mozambique Resources Post

OSLO – Institutional investors with $26-trillion in assets under management called on Group of Seven leaders on Monday to phase out the use of coal in power generation to help limit climate change, despite strong opposition from Washington, as reported by Reuters.

Global Markets: Trade War Game Confuses Oil Investors

Posted on April 6, 2018 by Mozambique Resources Post

U.S. West Texas Intermediate crude oil futures are in a position to close lower for the week. Some of the selling pressure was generated by a confirmation of last week’s dramatic technical closing price reversal top.

Africa Mining: Zimbabwe focuses on policy certainty to revive mining investment

Posted on March 27, 2018 by Mozambique Resources Post

The Zimbabwean government is committed to ensuring mining policy certainty to win back investment and revive the industry, Mining and Mining Development Minister Winston Chitando said at an investor seminar in Johannesburg.

Global Oil & Gas: Oil Investors See Renewables As Unattractive

Posted on March 7, 2018 by Mozambique Resources Post

Pressured by investors who expect to see higher returns after the oil price downturn, oil and gas companies are finding themselves without much incentive to invest in renewable energy technologies, according to fund managers and oil executives who spoke to Houston Chronicle at the CERAweek by IHS Markit in Houston.

Africa Energy: Investors target Zimbabwe energy sector

Posted on February 20, 2018 by Mozambique Resources Post

Zimbabwe has become a magnet for billionaire global firms such as General Electric (GE) and the Enel Group of Italy, in what is seen by observers as a massive vote of confidence in the country’s investment opportunities and critically, the new administration.

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