Bloomberg A Total SA-led liquefied natural gas project in Mozambique will receive commitments for about $15 billion of financing at a signing scheduled in June, marking rare progress for such a project as companies scrutinise costs. The first and most significant phase of the financing commitment for the LNG project — which will be Africa’s biggest private investment yet — …

Bloomberg The UK transmission network is under pressure as it grapples with a flood of green power and lower demand, according to new research published on Thursday. Intermittent renewables supplied more than 40% of electricity during first quarter of 2020, overtaking fossil fuels for the first time, according to the Electric Insights report, commissioned by Drax Group Plc and researched …

Bloomberg It’s going to take months for oil demand in the world’s third biggest market to get back to pre-virus levels as India faces its deepest recession ever in the wake of its near two-month lockdown. Once the engine of global oil demand growth, India’s fuel consumption collapsed by as much as 70% at one stage last month as it …