resources

Industry: Coal will continue to be key resource for decades

Posted on March 15, 2019March 15, 2019 by Mozambique Resources Post

In its yearly World Energy Outlook 2018, the International Energy Agency (IEA) forecasts that coal will remain the largest single source of electricity generation through to 2040, at 26% of global electricity.

Africa Oil & Gas: Majors Seek to Tap Africa’s Vast Resources

Posted on September 6, 2018September 6, 2018 by Mozambique Resources Post

(Bloomberg) — Africa is entering the oil-hunt spotlight as drillers, flush with cash after crude’s recovery, are turning their attention back to the continent’s potentially vast resources.

Africa Oil & Gas: Bissau, Senegal negotiate new joint resource exploitation contract

Posted on August 7, 2018 by Mozambique Resources Post

Guinea-Bissau is negotiating with Senegal a new agreement on joint exploitation of petroleum resources and presented a set of proposals in the third round of talks held during the first three days of August in Dakar, the head of Bissau’s delegation said on Monday.

A Question: Why the sudden rush into Africa?

Posted on April 24, 2014April 24, 2014 by Mozambique Resources Post

An Answer: It’s the oil! Mozambique, Kenya, Libya, Uganda and Nigeria are thousands of miles removed from that swirl of European tension known as Ukraine, but as drama unfolds in Eastern Europe, their destinies could be closely aligned. In essence, the more Russian President Vladimir Putin puts the grip on Russian gas prices, the more Western powers, from Nato to the US, feel squeezed and desperate enough to look for oil elsewhere. Africa fits a…