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Mozambique

Taxman targets Rio and Vale

Late last year Autoridade Tributaria de Mocambique (ATM) summoned Rio Tinto Coal Mozambique to pay a capital gains tax relating [...]

Subscribers only Mining 13.01.2015

Nyusi to take charge of licensing rounds

A postponement of the deadline for bids for 13 new blocks will benefit the future president, to the detriment of Armando Guebuza who wanted to control the process to ensure his future.

Subscribers only Energy 06.01.2015

Wentworth spies potential in Rovuma onshore

The firm Wentworth Resources, which holds a 13.64% stake on [...]

Subscribers only Energy 06.01.2015

Sidat family well ensconced in football

Two members of the Sidat family set up a company called Warren Corp in Maputo a few months ago specialising [...]

Subscribers only Business 02.01.2015

Oil product traders arrive on the scene

The gas and mining boom has boosted local demand for fuel, attracting traders specialising in import-export of oil products to [...]

Subscribers only Business 02.01.2015

Chissano’s daughters go into mining

The daughters of former President Joaquim Chisano, namely Martina Joaquim [...]

Subscribers only Politics 02.01.2015

Delonex in Maputo

The energy exploration and production company Delonex Energy launched in [...]

Subscribers only Business 02.01.2015

Al-noor Rawjee goes into oil sector

Born in Mozambique, but educated in Canada and South Africa, the businessman Al-noor Rawjee who already owns stakes in various [...]

Subscribers only 02.01.2015

Metals of Africa cuts back reluctantly

Metals of Africa is going to scale back its exploration operations in Mozambique following enactment of a new bill on [...]

Subscribers only Mining 23.12.2014

Ex general Jacinto Veloso loses round against Pathfinder

Reserve general Jacinto Veloso, a leading figure of the ruling Frelimo party and a former minister of the interior, economy [...]

Subscribers only Mining 23.12.2014

Frelimo luminaries to act as business angels

The ruling party’s bosses are determined to make hay out of a new licensing round. A Mozambican lawyer and an American businessmen are in charge of their campaign.

Subscribers only Energy 16.12.2014

ENI quashes last doubts on FLNG

If it still harboured a few doubts about the technology it would choose to develop the Rovuma basin, the Italian major has now swept them aside.

Free access Energy 16.12.2014

ENI & Anadarko happy with Maputo's "decree law"

Mozambique president Armando Guebuza has signed a so-named "decree law" adopted by the government at the end of November. The [...]

Subscribers only Energy 16.12.2014

Oil Services
Penspen sets up shop in Maputo

The British firm Penspen registered a subsidiary on Mozambique’s capital [...]

Subscribers only Energy 16.12.2014

Comoros Islands interested in gas

According to sources in Maputo, Comoros’ minister in charge of [...]

Subscribers only Energy 16.12.2014

Majors
Exxon & Shell: ear to the ground

The big Western majors sent senior officials to speak at [...]

Subscribers only Energy 16.12.2014

State-owned
ENH will be alone on the local market for Rovuma’s gas

One of the leading points in the "decree-law" signed by [...]

Subscribers only Energy 16.12.2014

Former Trinidad minister angles for contracts

In taking the floor at the Mozambique Gas Summit organized [...]

Subscribers only Energy 16.12.2014

Former chiefs of staff in business

The former Frelimo armed forces chiefs of staff are just like other Frelimo dignitaries: they are involved in business.

Subscribers only Business 12.12.2014

Felicio Zacarias strikes again in mining

There is no end to the expansion of Mozambican former [...]

Subscribers only Business 12.12.2014

Savannah's resource set in late December.

After raising £ 1.3 million at the end of November, [...]

Subscribers only Mining 09.12.2014

“Decree Law” in sight, triggering first reproaches

Adopted on Nov. 25 by Mozambique’s government, a so-named "decree law" which sets out the conditions of extracting gas in [...]

Subscribers only Energy 02.12.2014

SacOil hopes to build a gas pipeline

Eight months after signing a memorandum of understanding with Maputo, SacOil Holding is due to kick off feasibility studies in [...]

Subscribers only Energy 02.12.2014

Indians also want their coal-fired power plant

The Indian consortium International Coal Ventures (ICVL) has just announced construction of a coal-fired power station in Tete province. With [...]

Subscribers only Energy 02.12.2014

ONGC buttonholes Mozambique minister

India's state-owned Oil and Natural Gas Corp (ONGC) seized the [...]

Subscribers only Energy 02.12.2014

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