Exxon pauses announcement on progress of $30bn Mozambique gas project
Aid groups warn Islamist insurgency is intensifying and restart of investments by oil majors could inflame tensions
Aid groups warn Islamist insurgency is intensifying and restart of investments by oil majors could inflame tensions

US oil major is in final stages of deciding whether to go ahead with $30bn LNG export terminal amid jihadist insurgency

One of Africa’s biggest investment projects was halted after a terrorist attack in 2021

Oil major will cut investment over next five years from $30bn to $20bn

Investment in Lobito Corridor comes as bloc channels development assistance towards energy, metals and migration

US and Israeli air strikes throw energy markets into turmoil

Abu Dhabi company struck a series of deals in its first year but stumbled on $19bn bid for Santos of Australia