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Portugal
30 July 2020

EUR 1.5 Bi Hydrogen Power Project Planned in Portugal
EDP, Galp and REN, Portugal´s major energy companies, are moving ahead in a European consortium to invest EUR 1.5 Billion in an hydrogen power project in the country´s industrial cluster of Sines.
Mozambique
27 July 2020

Mozambique Secures Future as a “Globally Significant Energy Supplier” – EIU
The financing of about USD 15.8 bn for the Area 1 liquefied natural gas (LNG) project in Mozambique secures the country´s future as a globally significant energy supplier, according to the Economist Intelligence Unit (EIU).
Brazil
27 July 2020

China´s Oil Imports from Brazil Double in June
China’s crude oil imports from Brazil almost doubled in June, as refiners ordered record volumes of the fuel in March and April when oil prices tumbled.
Mozambique
22 July 2020

Indonesia´s Buzi Hydrocarbons Suspends Natural Gas Exploration in Mozambique
Indonesian company Buzi Hydrocarbons (BH) has suspended drilling for natural gas n the Buzi block in central Mozambique, due to the new coronavirus.
Portugal
21 July 2020

EDP – Energias de Portugal to buy Spanish electricity company Viesgo for EUR 2 Bi
EDP – Energias de Portugal, which has China Three Gorges as its main shareholder has agreed to buy Spanish electricity company Viesgo from Macquarie funds in a deal worth EUR 2 Bi, including debt.
Mozambique
21 July 2020

US and Japan Finance Total and Mitsui´s USD 20 Bi Mozambique LNG Project
Total and Mitsui have signed a USD 14.9 Bi senior debt financing agreement for Mozambique LNG, the country’s first onshore LNG development.
Brazil
20 July 2020

Fuel Demand in Brazil Could Limit Exports to China, Petrobras Warns
Demand for fuels such as gasoline and diesel is growing in Brazil, which could limit exports to China in the coming months, Roberto Castello Branco, the chief executive of state-run oil firm Petrobras, said.
China
20 July 2020

China Three Gorges Corp. Leading Bidder for X-Elio Energy´s Spain Solar Parks
China Three Gorges Corp. is emerging as the leading bidder for Spanish solar park assets owned by X-Elio Energy SL, in what could become one of the few Chinese acquisitions in Europe this year.
Mozambique
16 July 2020

India to Include Mozambique in its “Energy Silk Road”
Mozambique is set to be part of India´s International Solar Alliance' (ISA), a solar energy project for Africa that aims to compete with China´s Belt and Road strategy.
Mozambique
13 July 2020

India´s Videocon Chairman Charged With Corruption for Mozambique LNG Sale
India´s Central Bureau of Investigation (CBI) on Tuesday booked Videocon group Chairman Venugopal Dhoot for alleged corruption in the financing of their oil and gas assets in Mozambique.
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