Monthly Archives: December 2014

The price of oil falls to the lowest level in five years

The Brent, reference stick in Europe, breaks the barrier of $60 and accumulates a decline of 48% since last June. 12/16/2014 in El País The price of Brent barrel – the crude oil reference to Europe — keeps the downward trend and start the day with a decline of 1.9%. Thus, the oil drops to…

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Petromoc projects construction of gas terminal in the port of Beira

05/12/2014 in AIM The company Petróleos de Mozambique (PETROMOC) intends to expand the storage capacity of the Liquefied Petroleum Gas (LPG), or simply domestic gas in the Port of Beira, the capital of Sofala province, in the central region of Mozambique. With this work, estimated at about 38 million US dollars, the storage capacity will…

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Spain, the demand of the Iraqi manna

IRAQ – Spanish companies contribute expertise to the country 07/12/2014 in “El Mundo” Tacitus said that the risk is hope. Searching for it, a delegation of Spanish businessmen recently traveled the 4,300 kilometers that separate the pleasant Madrid from the tumultuous Baghdad. In the Iraqi capital, business continues to flow as usual despite dramatic setbacks…

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Panama will lead economic growth in Latin America in 2015

in AFP 02/12/2014 The Latin American economies will grow 1.1 percent in 2014, the lowest in five years, by a drop in investment, while for 2015 it is expected a slight increase (2.2%), reported on Tuesday ECLAC. “In 2014 the average regional growth was only 1.1%, the lowest growth since 2009,” said the Economic Commission…

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Mozambique and India sign MOU over hydrocarbons

12/01/2014 in Jornal O País Mozambique and India signed last Friday in New Delhi, the Indian capital, a memorandum of understanding for cooperation in the area of oil and natural gas. The ceremony took place during the meeting between the Mozambican minister of Foreign Affairs Oldemiro Baloi, and his Indian counterpart for oil, Dharmendra Pradhan.…

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Moza Banco AGF and sign agreements to share risks

01/12/2014 in Jornal O País Moza Bank signed last week two agreements with the African Guarante Found (AGF) to share risks in financing granted to Small and Medium Enterprises (SMEs). The institution belonging to the African Development Bank (ADB) assured to cover credit risks in 2.5 million to Mozambican bank. Within the first protocol, signed…

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Gas Summit attracts over 500 participants to Maputo

01/12/2014 in (RM / Lusa) Organized by the National Hydrocarbons Company (ENH) and the group promoting events related to energy CWC, the summit will bring together until December 5 major world leaders of natural gas industry, government representatives, investors, distributors and buyers. Over 500 delegates and 40 companies will participate from Tuesday on in the…

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