By Newsbase French supermajor TotalEnergies believes financing from the US will come in the approaching weeks to move ahead ...

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The UK government is seeking legal advice on whether it is still obligated to provide $1.15 billion in funding for the ...

The LNG development, which has the potential to transform Mozambique’s economy, was launched in 2020. It was Africa’s largest foreign direct investment project when it was announced.

Pale was appointed chairman of Mozambique's national oil company ENH in 2020. TotalEnergies and ExxonMobil are looking to resume construction of their LNG projects soon as the security situation ...

French energy giant TotalEnergies has further put off its liquefied natural gas (LNG) project in Mozambique, following ongoing political uncertainty and escalating security issues, according to ...

Any withdrawal would lead to a funding gap that Mozambique LNG would have to fill. This could lead to a renegotiation of the existing funding mechanisms, which may further delay the project.