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Tag: TOTALENERGIES

Companies

TotalEnergies Approaches Completion of $15 Billion Financing for Mozambique LNG Project

March 19, 2025March 19, 2025 - by Aisha Khoury - Leave a Comment

TotalEnergies is close to completing $15 billion in financing for its LNG project in Cabo Delgado, Mozambique, following a critical endorsement from the US Exim Bank. The project remains suspended …

TotalEnergies Approaches Completion of $15 Billion Financing for Mozambique LNG Project Read More
Companies

Afentra Engages in Stake Acquisition Discussions for Angolan Offshore Blocks

March 18, 2025March 18, 2025 - by Aisha Khoury - Leave a Comment

Afentra is in talks to enhance its interests in two offshore Angolan blocks, aiming to acquire stakes from Etu Energias. The decision to proceed is dependent on various regulatory approvals. …

Afentra Engages in Stake Acquisition Discussions for Angolan Offshore Blocks Read More
Companies

Argeo ASA Announces Completion of TotalEnergies Venus Project in Namibia

March 17, 2025March 17, 2025 - by Liam O'Sullivan - Leave a Comment

Argeo ASA has successfully completed the Venus project for TotalEnergies in Namibia as of March 14, 2025. Following a contract worth $39 million, the project faced delays due to weather …

Argeo ASA Announces Completion of TotalEnergies Venus Project in Namibia Read More
Business / Companies

Trump Administration Reaffirms Support for TotalEnergies’ Mozambique LNG Project

March 15, 2025March 15, 2025 - by Maya Chowdhury - Leave a Comment

The Trump administration has reapproved a $4.7 billion loan for TotalEnergies’ Mozambique LNG project, which seeks to exploit natural gas reserves despite ongoing regional violence and political unrest. Initially granted …

Trump Administration Reaffirms Support for TotalEnergies’ Mozambique LNG Project Read More
Companies

U.S. Exim Bank Re-Approves $4.7 Billion Loan for Mozambique LNG Project

March 14, 2025March 14, 2025 - by Victor Santos - Leave a Comment

The U.S. Exim Bank has approved a $4.7 billion loan to TotalEnergies for the Mozambique LNG project, facilitating its resumption after a four-year delay. This funding is also expected to …

U.S. Exim Bank Re-Approves $4.7 Billion Loan for Mozambique LNG Project Read More
Companies

U.S. Approves $4.7 Billion Loan for Controversial Mozambique Gas Plant

March 14, 2025March 14, 2025 - by Liam O'Sullivan - Leave a Comment

The U.S. will provide a $4.7 billion loan for a Mozambique gas plant, raising concerns about human rights and environmental issues. The EXIM approval is crucial for financing one of …

U.S. Approves $4.7 Billion Loan for Controversial Mozambique Gas Plant Read More
Companies

US Approves Controversial $4.7 Billion Loan for Mozambique Gas Project

March 14, 2025March 14, 2025 - by Liam O'Sullivan - Leave a Comment

The United States has approved a $4.7 billion loan to TotalEnergies for a Mozambique gas plant, igniting controversy due to environmental and human rights concerns. This decision marks a significant …

US Approves Controversial $4.7 Billion Loan for Mozambique Gas Project Read More
Companies

AEC Expresses Gratitude for U.S. Support of Mozambique LNG Project

March 14, 2025March 14, 2025 - by Ravi Patel - Leave a Comment

The African Energy Chamber thanked the Trump administration for backing the Mozambique LNG project, particularly after the U.S. Export-Import Bank approved a $4.7 billion loan. This funding is crucial for …

AEC Expresses Gratitude for U.S. Support of Mozambique LNG Project Read More
economics

Mozambique’s Dollar Bond Surges Following U.S. Approval of LNG Loan

March 14, 2025March 14, 2025 - by Ravi Patel - Leave a Comment

Mozambique’s dollar bond rose over 2 cents after the U.S. approved a $5 billion loan for a crucial LNG project. The bond, maturing in 2031, reflects the financial health potential …

Mozambique’s Dollar Bond Surges Following U.S. Approval of LNG Loan Read More
Companies

US Export-Import Bank Greenlights $5 Billion Loan for Mozambique LNG Project

March 14, 2025March 14, 2025 - by Ravi Patel - Leave a Comment

The US Export-Import Bank has approved a $5 billion loan for the Mozambique LNG project, a critical step towards resuming the $20 billion venture led by TotalEnergies. This project has …

US Export-Import Bank Greenlights $5 Billion Loan for Mozambique LNG Project Read More

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