The Beira-Zimbabwe fuel pipeline, operational since 1984, is going through a significant change. The government recently withdrew a decree giving control to specific ministers. Initially, the company Companhia de Pipeline Moçambique-Zimbabwe (CPMZ) managed the pipeline. Moving forward, three government ministers will take charge. These officials oversee finance, mineral resources and energy, as well as transport […]
Related Posts
Ecuador’s oil company stops drilling in Amazon after national vote
Petroecuador, the state-owned oil company, confirmed its intention to adhere to the results of a recent national referendum, where a significant majority voted against the continued oil extraction in Block 43-ITT, a key oil field located in the Yasuní National Park, the heart of Ecuador’s Amazon. The company, which has been operating in Block 43-ITT […]
China’s March Export Slump Exceeds Projections
March 2024 saw a significant decrease in China’s exports, plummeting by 7.5% compared to the previous year, after four months of consistent growth. This decline sharply deviated from the modest 2.3% reduction forecasted by economists and starkly contrasted with the 7.1% increase recorded in the initial two months of the year. Data highlights a substantial […]