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07 July 2020

Portugal´s EDP Forced to Replace Executives Facing Corruption Charges
EDP – Energias de Portugal, which has China Three Gorges as its main shareholder, has been forced to replace its CEO, António Mexia, and another executive, who face corruption charges.
Mozambique
06 July 2020

Total and Mitsui Complete 15.8 billion Financing for Mozambique LNG Project – Government
The Mozambique LNG project, headed by Total and Mitsui, has ensured financing worth USD 15.8 billion that was pending for the construction of infrastructure in the Mozambican province of Cabo Delgado. 
China
25 June 2020

China and EU to Promote Green Energy Investments in Third Countries
European Energy Commissioner Kadri Simson took part in the 9th EU-China Energy Dialogue with her Chinese counterpart, Zhang Jianhua, the Administrator of the National Energy Administration of China.
China
22 June 2020

Portugal´s EDP To Invest in Renewable Energy Projects in 5 African Countries
Portuguese energy company EDP, which has China State Grid as its main shareholder, ​​will invest 500 thousand euros to support eight renewable energy projects in Mozambique, Kenya, Tanzania, Malawi and Nigeria.
China
17 June 2020

EDP CEO to Face Corruption Charges in Portugal
The Office of the Prosecutor-General of Portugal is moving ahead with corruption charges against António Mexia, the CEO of EDP - Energias de Portugal, which has China Three Gorges as its main shareholder.
Angola
17 June 2020

Sinopec Could Increase Stakes in Angolan Oil Fields in Debt Relief Deal – Verisk Maplecroft
A possible solution for  debt relief negotiations underway between the two countries could lead to an increase of Chinese state oil company´s stakes in Angolan oil fields, according to Verisk Maplecroft.
Angola
16 June 2020

Angola Oil Revenues At 10-Year Low in May
Angola´s oil export revenues fell by almost 74% in May, to only USD 747 million. According to Government data, this was the lowest figure since the beginning of the statistical series, in 2009.
Mozambique
12 June 2020

Eni and Korea Gas Extend “Successful” Cooperation in Mozambique
Italian Energy Group Eni and Korea Gas Corporation signed a Memorandum of Understanding (MoU) to enlarge existing cooperation, after their "successful" joint-venture in LNG development in Mozambique.
Mozambique
09 June 2020

Mozambique LNG Projects Set to “Attract Major Commercial Interest” – EIU
Mozambique´s liquefied natural gas (LNG) sector is set to "attract major commercial interest", according to the Economist Intelligence Unit (EIU).
Angola
07 June 2020

Angola Cuts Oil Shipments to China
Angola is cutting the number of oil cargoes that it will ship to China, as it seeks to renegotiate repayment terms to deal with the crippling impact of the coronavirus. Oil shipments to Chinese state firms are used to pay down debt to Beijing.
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