On July 5, 2024, the Ministry of Mineral Resources and Energy (Ministério dos Recursos Minerais e Energia - "MIREME") published Ministerial Diploma No. 55/2024 ("DM 55/2024") to establish within the scope of petroleum...more
Five years since the Republic of Mozambique issued its claim in the English High Court against Privinvest and other participants in one of the largest sovereign corruption scandals of modern memory – the so-called "Tuna Bond"...more
In February 2024, the Court of Appeal of England & Wales upheld a September 2023 decision of the Commercial Court in The Republic of Mozambique v Credit Suisse International And Others (No.10), finding that: (1) the President...more
The last post in this series described INTERPOL’s Operation Pangea and how law enforcement from varying countries use INTERPOL’s tools to share information and do cross-border investigations. Today’s post will discuss the...more
Divisional Court split on challenge against UK Export Finance’s decision to provide finance to the Mozambique LNG Project - In R (on the application of Friends of the Earth Limited) (the “Claimant”) v The Secretary of...more
The Credit Suisse case highlights the significant impact that global corruption and fraud can have on developing economies. Mozambique’s economy suffered serious harm from the scheme, which started to unravel when the IMF...more
Last month, the UK Supreme Court overturned the judgment of the Court of Appeal and allowed a claim for damages from claimants in the Niger Delta to proceed against Royal Dutch Shell plc and its local subsidiary Shell...more
On December 2, 2019, a jury in the Eastern District of New York acquitted Jean Boustani, a Lebanese citizen who is alleged to have been a key player in coordinating more than $200 million in bribe and kickback payments to...more
Details are trickling in on the tentative Brexit agreement reached between UK and EU negotiators this week, just 14 days ahead of the Halloween departure deadline. A massive sticking point here remains the British...more
Will Nigeria’s fresh look into gas flaring, finally end it? At present, reports indicate that oil companies in Nigeria produce over four billion standard cubic feet (scf) of gas daily, of which about 700 million scf are...more
Standby power partnership takes the lead with clean and quiet genset - Sustainable Power Generation (SustainPower), leading providers of energy solutions in rugged, secure containerised systems, continues to show its...more
IEA says world cannot "press pause" on renewables, as capacity growth stalls - The International Energy Agency (IEA) has expressed concern over the “unexpected flattening” of renewable-energy capacity additions in 2018,...more
Mozambique to make a big announcement around LNG in June - Following a meeting on Tuesday, the President of Mozambique, Filipe Nyusi, and Anadarko Petroleum Corporation Chairman and CEO, Al Walker, announced plans for...more
Zambia sets sights on yet more solar as another 34 MW is connected to grid - The 34 MW Ngonye solar photovoltaic plant, in Zambia, has been connected to the country’s grid and has started operations....more
RBR welcomes Chevron’s reported plan for Mozambique LNG project - RBR Group expects to benefit from Chevron Corporation’s plans to proceed with the proposed Area 1 liquefied natural gas (LNG) project, in Mozambique....more
International arbitration can benefit the parties to a range of mining disputes - Mining is one of Africa's flagship industries and a growth engine for many of the continent's countries, such as Angola, Côte d'Ivoire, the...more