Mozambican President Filipe Nyusi on Wednesday called on energy giants to resume work on gas projects in the country's restive north, which has been plagued by jihadist attacks since 2017. French oil giant TotalEnergies halted a $20 billion liquefied natural gas (LNG)...

The IMF on Monday said it was satisfied with fiscal progress Mozambique, ranked among the world's poorest countries, has made and paved the way for $63.8 million in funds under a mega aid scheme.   This is the second instalment of a $456 million dollar credit line the...

British firm GL Africa Energy will build a $400-million gas power plant in Mozambique, even as unrest has disrupted work on key gas fields in another part of the country. The company signed the deal last week to build and operate the 250-megawatt plant in the...

A senior executive of global energy giant ExxonMobil on Thursday commended efforts to restore security to Mozambique's jihadist-hit gas rich northern region, but said more needed to be done. Following talks with President Filipe Nyusi, ExxonMobil's upstream oil and...