South African petrochemicals giant Sasol Ltd has opted to give up its licence to explore for gas off the Mozambique coast, the company said on Sunday.
Struggling petrochemicals producer Sasol has appointed advisers to sell its stakes in a power plant in Mozambique and a gas pipeline running from the country into South Africa, two sources familiar with the matter told Reuters.
Mozambique President Filipe Nyusi said government forces had engaged in extensive fighting against insurgents after they attacked the town of Macomia in the gas-rich northern region on Thursday.
Total has called off a plan to acquire Occidental Petroleum’s assets in Ghana, which was conditional on the completion of the acquisition of Occidental’s other assets in Algeria, the French energy company said on Monday.
Silence gradually replaced the screams around Dejene Degefa as his fellow travelers suffocated one by one inside a locked metal container. He struggled to stay conscious but finally passed out, only waking to the sounds of rescue.
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