Mozambique's Rovuma LNG Nears FID as Coral North Advances, Boosting Exports
ExxonMobil's Rovuma LNG project in Mozambique is on track for a 2026 Final Investment Decision, complementing Eni's advancing Coral North FLNG.
Market-moving news and intelligence across global energy markets.
ExxonMobil's Rovuma LNG project in Mozambique is on track for a 2026 Final Investment Decision, complementing Eni's advancing Coral North FLNG.
Global liquefied natural gas (LNG) output is set to jump in 2026, easing market constraints, dampening prices, and spurring demand from key Asian and Europ
TotalEnergies plans a 7.1 MW solar plant at its Mozambique LNG site in Afungi, aiming to reduce the project's carbon footprint as construction resumes afte
Ukrainian Defense Forces have disabled 42.7% of Russia's oil refining capacity by early July 2026, causing a severe domestic fuel crisis and impacting glob
Global oil markets are transitioning from a supply shock to a surplus, with IEA forecasting a significant glut by 2027, prompting OPEC to pause output hike
Shell plans to sell over $1 billion in offshore wind farms, signaling a strategic pivot back to higher-return oil, gas, and LNG operations under CEO Wael S
US liquefied natural gas exports to Latin America and the Caribbean reached a 37-month high in June, driven by strong demand from Brazil and other nations.
US LNG exports to Latin America and the Caribbean hit a 37-month high in June 2026, driven by strong demand from Brazil and Argentina, S&P Global data show
Latin America and the Caribbean saw a significant 27% year-on-year surge in oil production in February 2026, driven by Brazil, Mexico, and Argentina, amids
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