-
Cleary leads NSW past Queensland to regain State of Origin crown
-
What is going on with Farage's UK election gambit?
-
MEXC Adds Nine Ondo Tokenized Stock and ETF Trading Pairs Tied to AI Infrastructure Demand
-
Dalic quits after 'incredible era' as Croatia coach
-
Oil prices surge, stocks slide as Trump says Iran ceasefire over
-
Bayeux tapestry to arrive in London in secret, high-stakes operation
-
Sunken wrecks, hot seas threaten fishermen on Italian isle
-
Messi World Cup magic masks familiar penalty frailty
-
Rescuers search for survivors of China storms as super typhoon nears
-
Trump lashes out at allies as key NATO summit begins
-
Egypt file complaint against referee after controversial World Cup exit
-
Swiss party into the night after reaching World Cup quarter-finals
-
Apple loses challenge against EU digital competition rules
-
Trump says Iran ceasefire 'over' after fighting flares
-
Trump says Iran ceasefire 'is over'
-
Thai beer dynasty mother drops 'ungrateful child' case against son
-
Rescuers search for missing in China storms after 100,000 flee
-
France v Morocco rematch as World Cup quarter-finals get under way
-
OpenAI to launch new model after US freeze
-
Modi visits Australia for minerals talks and rockstar welcome
-
UK museums at 'sharp end' of climate change challenge
-
Sensors, early starts: how Spain keeps working when heat hits
-
In Mauritania, Imraguen people's desert-ocean paradise under threat
-
Kenya Rastafarians hope for freedom to smoke
-
Iraq's holy cities host funeral processions for Khamenei
-
Pacific nation of Tuvalu condemns Chinese missile launch into Pacific
-
Rescuers search for missing in China storms after 100,000 evacuated
-
How a viral post sparked India's Gen-Z protest
-
Ex-Australia cricketer MacGill loses appeal against cocaine conviction
-
Cambodia wants to bring tigers back, but should it?
-
Oil prices extend rally as US strikes on Iran revive geopolitical fears
-
Chinese repairwomen smash stereotypes with power tools
-
Iraq's holy cities to host funeral processions for Khamenei
-
Ecuador's Death Canal: watery grave for victims of gang violence
-
In Venezuela's quake ruins, a baby is born
-
'Unique event': Solar eclipse fever fills empty Spain
-
What to know about the total solar eclipse due in August
-
Venezuela says Caracas airport to reopen to commercial flights 'soon as possible'
-
Trump, NATO allies to begin key talks at Turkey summit
-
World Cup: Eight teams remain in the hunt for glory
-
AIAI Holdings' Constellation Network Launches Gate AI: Real-Time Security for AI Applications
-
Laser Photonics Receives Order from REXA to Enhance Protective Coating Performance on Industrial Actuators
-
Cocotree Kids Celebrates Five Years of Impact, Announces Inaugural Rise & Shine Breakfast
-
The Professionals Arrived First - Now Their Institutions are Following: Aimwell Partners Inc. Confirms Enterprise Interest Driven by Its Credentialed Observer Network
-
Research Analyst Report on NanoViricides Rates Company "Outperform"; Separately, A "Fireside Chat" Interview of the Company's President Dr. Anil Diwan Hosted by Mr. Dave Donlin was Published by StockInvestor Daily
-
Eagle Energy Partners Appoints Institutional Capital Markets Veteran Daniel Fugiel to Board of Directors
-
Dealers United Becomes First to Launch Dynamic Automotive Inventory Ads on Reddit
-
BioStem Technologies Announces Issuance of Four U.S. Design Patents Covering Fenestrated Human Placental Allograft Technologies
-
Hestia Insight and Escher AI Enter Strategic Partnership to Develop Enterprise AI Tools for Capital Markets
-
LNTO Appoints Airtopia Founder Felix Waller as Chief Executive Officer Following Completion of Reverse Merger with Airtopia Adventure Parks
Giant Mozambique gas project resumes after 5-year security suspension
French energy giant TotalEnergies relaunched construction Thursday on a massive gas project in northern Mozambique that was halted for five years after a jihadist attack that claimed hundreds of lives.
Reportedly the largest private investment in Africa's energy infrastructure, the Mozambique liquefied natural gas project is expected to generate thousands of jobs and help make the country one of the world's biggest LNG exporters.
TotalEnergies chief executive Patrick Pouyanne announced the restart of work at a ceremony near the site of the project in the gas-rich Cabo Delgado province, which has been plagued by insurgency for around eight years.
"I am delighted to announce the full restart of the Mozambique LNG project... The force majeure is over," Pouyanne said at the event attended by President Daniel Chapo.
The $20 billion project near the border with Tanzania was suspended after a 2021 jihadist attack that killed an estimated 800 people.
There are already more than 4,000 workers on site and 80 percent are Mozambican nationals, said Pouyanne, whose company owns a 26.5 percent stake in the Mozambique LNG consortium.
"This project will make the region a new source of global energy security," he said.
TotalEnergies had already lifted in October the force majeure suspension it declared after the bloodshed.
It is seeking compensation of $4.5 billion in cost overruns linked to the delay from the Mozambique government.
It is also pushing for a 10-year extension to its concession, more than double the length of the delay, but it was not immediately clear if Maputo would approve.
- 'Restoring confidence' -
"It is a day of celebration for Mozambique, for Africa and for the world," Chapo said.
The resumption of work showed the country was "capable of overcoming challenges and restoring the confidence of domestic and foreign investors", he said.
Environmental groups have denounced the LNG project as a major "climate bomb" that would bring little benefit to Mozambicans, more than 80 percent of whom lived below the poverty line of $3 per day in 2022, according to World Bank data.
The TotalEnergies gas project is among several in the Cabo Delgado area, with others involving Italian group ENI and the American oil giant ExxonMobil.
Mozambique's deposits could make the impoverished nation one of the world's 10 largest natural gas producers, "contributing 20 percent of African production by 2040", according to a 2024 report by the audit firm Deloitte.
The TotalEnergies-led consortium initially secured a $15.4 billion financing agreement involving 30 lenders.
But the British and Dutch governments withdrew financial support in early December 2025, including $1.15 billion promised by Britain via its export credit agency UKEF.
TotalEnergies subsequently announced that the other partners had "unanimously agreed to provide additional equity".
The project's relaunch comes as TotalEnergies faces two legal proceedings in France, including a manslaughter investigation after survivors and relatives of victims of the 2021 attack on the port town of Palma, a few kilometres from the TotalEnergies site, accused the French energy giant of failing to protect its subcontractors.
The multinational is also the subject of a complaint for "complicity in war crimes" filed by the European Center for Constitutional and Human Rights (ECCHR), a German NGO, with France's national anti-terrorism prosecutor.
TotalEnergies rejects all the accusations.
While Cabo Delgado has not experienced another attack on the scale of the 2021 assault, there are still regular attacks on civilians and troops, including beheadings and kidnappings.
More than 6,400 people have been killed since the Islamic State-linked insurgency began in 2017, according to conflict tracking group ACLED.
The violence has also displaced tens of thousands of people.
After Russia's Wagner Group failed to contain the long-running insurgency, Rwandan troops were deployed to the area in 2021. Three were killed in May 2025 and several Mozambican soldiers have also reportedly lost their lives.
F.Dubois--AMWN