Commodities
Is Mozambique The Next African Energy Superpower?
Portugal’s African colonies were starved of investment for centuries, but now Mozambique seems to be a rising African energy producer. Both Italian and U.S. companies recently announced the discovery of massive natural gas fields off Mozambique, which could dramatically alter the Mozambiquean economy. U.S.-based energy giant Anadarko Petroleum announced earlier this week that its natural gas reserves in its Mozambican reserve bloc fields could be three times larger than earlier estimated, comprising up to 30 trillion cubic Read more...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note |
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