Russia

Africa Energy: Zambia Keen on Expanding Nuclear Energy Cooperation With Russia

Posted on February 21, 2019February 21, 2019 by Mozambique Resources Post

In 2017, Russia and Zambia signed a deal to cooperate in the construction of a nuclear science and technology centre in Zambia, which is expected to begin in 2019. Sputnik spoke on the issue as well as on additional prospects for cooperation between the two countries with Zambian Minister of Foreign Affairs Joseph Malanji.

Industry Analysis: OPEC = Success Or Stagnation?

Posted on February 7, 2019February 7, 2019 by Mozambique Resources Post

Since the co-option of Russia at the end of 2016, OPEC has appeared resplendent, but it remains a far from perfect cartel with no real destination in sight.

Global Markets: The LNG wave is on the way

Posted on January 30, 2019January 30, 2019 by Mozambique Resources Post

Liquefaction ramp-ups and a slowing rate of Chinese demand growth finally deliver the oft-anticipated supply glut.

Global Oil & Gas: Saudi Arabia OPEC Manipulation Behind Qatar’s Sudden Exit

Posted on December 5, 2018 by Mozambique Resources Post

Qatar announced its withdrawal from OPEC on Monday, after nearly six decades inside the group. The Qatari government said it was for “technical” reasons; mainly to focus on natural gas production. But a member of the ruling family also criticized OPEC, which seemed to undercut the official reason for the country’s exit. “The withdrawal of Qatar from OPEC is a wise decision, as this organization has become useless and does not bring us anything,” said former prime…

Industry Analysis: The Impending Endgame In Oil Markets

Posted on November 20, 2018 by Mozambique Resources Post

U.S. president Trump is facing strong internal pressure to punish Saudi Arabia in the coming days.

Opinion: Who Holds Control on Oil Price -Just These Three Men

Posted on November 18, 2018 by Mozambique Resources Post

Bin Salman, Trump and Putin are calling the market shots. The prince may struggle to defend output cuts against a hostile Trump and indifferent Putin.

Markets: The Next Wave of Global LNG Investment Is Coming

Posted on October 17, 2018October 17, 2018 by Mozambique Resources Post

With an annual growth of 10% in 2017 to 290 million tons (Mt)[1] and 8.3% in the first half of 2018,[2] Liquified Natural Gas (LNG) demand is rising faster than expected. Accounting for 44% of global demand growth in 2017, China is the main driver of the growth as the government has made natural gas a key policy choice to reduce air pollution and restructure its high-carbon energy mix.

Global Oil & Gas: WoodMac expects 2019 to be LNG FID year

Posted on October 16, 2018 by Mozambique Resources Post

The year 2019 could be a major one for final investment decisions (FID) on new liquefied natural gas projects, according to the research and consultancy group Wood Mackenzie.

Africa Oil & Gas: Equatorial Guinea Calls on Russia and Qatar for LNG

Posted on October 11, 2018 by Mozambique Resources Post

Gabriel Obiang Lima, Equatorial Guinea’s Minister of Petroleum, while attending Russian Energy Week in Moscow asked Russia and Qatar for help in building new terminals for the importation and processing of LNG.

Global Markets: Saudi-Russian Cooperation Marks New World Order For Oil

Posted on October 8, 2018 by Mozambique Resources Post

Global oil prices are continuing their upward trajectory amid concerns that more Iranian barrels will be removed from the market once U.S. sanctions hit the country’s energy sector Nov. 4. Oil market jitters are also being exacerbated by supply disruption problems in Venezuela, Nigeria and Libya—all OPEC members.

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