Saipem down on the stock exchange due to TotalEnergies' postponement of the Mozambique project. Here's why
TotalEnergies postpones the Mozambique Lng project due to the ongoing security threats in Cabo Delgado. A delay that also impacts Saipem which suffers on the stock market
TotalEnergies Says Mozambique Gas Project To Resume When 'Security' Allows
TotalEnergies said Wednesday that its giant gas project in Mozambique, suspended since 2021 after a jihadist attack, would resume only when "peace and security" return to the Cabo Delgado region.
TotalEnergies Delays $20-Billion Mozambique LNG Project Once Again
TotalEnergies has again delayed the restart of its $20 billion LNG project in Mozambique due to ongoing security issues and political instability.
TotalEnergies further delays $20 billion Mozambique LNG project, FT reports
France's TotalEnergies has further delayed its $20 billion liquefied natural gas (LNG) project in Mozambique, citing ongoing security concerns, the Financial Times reported on Wednesday. The LNG project in the restive Cabo Delgado province has been on hold since 2021 when an Islamist insurgency threatened the site.
TotalEnergies further delays $20 bln Mozambique LNG project, FT reports
France's TotalEnergies has further delayed its $20 billion liquefied natural gas (LNG) project in Mozambique, citing ongoing security concerns, the Financial Times reported on Wednesday. The LNG proje
TotalEnergies delays troubled $20bn LNG project in Mozambique
TotalEnergies has further delayed its troubled $20bn liquefied natural gas project in Mozambique as security concerns and political uncertainty dog one of Africa’s biggest energy investments. The LNG development,
Mozambique not looking to review terms of planned LNG projects, president says
Mozambique is not looking to review contract terms with energy majors like TotalEnergies and ExxonMobil who are planning ...
The New York Times12d
This Part of Mozambique Was Like Paradise. Now It’s a Terrorist Hotbed.
Supported by Islamic State militants have rampaged across the northern Cabo Delgado Province for more than seven years. The government says the situation has stabilized. Residents tell a different ...
Business Insider3y
How a growing fight against a little-known ISIS affiliate pulled in US Green Berets and foreign mercenaries
Last week, militants stormed the city of Palma in northeastern Mozambique's Cabo Delgado province. The fighters attacked civilians with machetes and assault rifles, leaving behind beheaded and ...
BBC3y
Mozambique conflict: What's behind the unrest?
A sharp increase in militant attacks in Mozambique's northern province of Cabo Delgado has forced the government to reassess its strategy against the Islamist insurgency. The region has long ...