GDP

Mozambique’s LNG Revival Gets Boost from ExxonMobil as It Awards $1.1 Billion in Contracts

Posted on August 18, 2026 by Archak Mitra

Mozambique’s long-held dreams of natural gas have got a fresh boost following an estimated $1.1 billion contract award by ExxonMobil for the Rovuma LNG Phase 1 project in Mozambique’s Cabo Delgado region. The signing of the contracts represents a big leap towards FID for the project, whose objective is to build onshore LNG facilities with […]

The World: German Economy Narrows By 5%

Posted on January 14, 2021 by Archak Mitra

The economy of Germany has has reduced for the very first time since 2009, the economy was reduced by 5%. This can be undoubtedly attributed to the impact of the coronavirus pandemic in Europe particularly central Europe. Germany in 2019 saw yearly (GDP) development paces of 0.6% and 1.3% in 2018. As per Destatis, the […]