Tag: TotalEnergies

TotalEnergies reopens Libya oil field after decade, boosting Africa output

TotalEnergies has resumed production at Libya’s Mabruk oil field, bringing a key asset back online nearly 10 years after it was shut down during conflict. The restart adds fresh supply to Africa’s oil market and points to improving conditions for energy investment in the country.  The return of output reflects Libya’s slow recovery after years of disruption that forced international…

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TotalEnergies revives $20 billion Mozambique LNG project   

TotalEnergies restarts $20 billion Mozambique LNG project, boosting gas exports and economic growth

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Mozambique bonds jump as TotalEnergies resumes LNG project

At a Glance Mozambique’s sovereign bonds surged on Monday after France’s TotalEnergies SE lifted force majeure on its $20 billion liquefied natural gas project — a long-awaited move that marks a turning point for one of Africa’s most ambitious energy ventures.  The decision has revived confidence among investors who view the LNG development as central to Mozambique’s economic recovery. It…

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