Firelight Launches as First XRP Staking Platform on Flare, Introduces DeFi Cover Feature 
Netflix’s Bid for Warner Bros Discovery Aims to Cut Streaming Costs and Reshape the Industry 
Tesla Faces 19% Drop in UK Registrations as Competition Intensifies 
Lockheed Martin Secures $1.14 Billion Contract Boost for F-35 Production 
EU Prepares Antitrust Probe Into Meta’s AI Integration on WhatsApp 
Momenta Quietly Moves Toward Hong Kong IPO Amid Rising China-U.S. Tensions 
IKEA Expands U.S. Manufacturing Amid Rising Tariffs and Supply Chain Strategy Shift 
Visa to Move European Headquarters to London’s Canary Wharf 
IKEA Launches First New Zealand Store, Marking Expansion Into Its 64th Global Market 
Amazon Italy Pays €180M in Compensation as Delivery Staff Probe Ends 
Boeing Acquisition of Spirit AeroSystems Could Close Soon Amid Ongoing Conditions 
Airline Loyalty Programs Face New Uncertainty as Visa–Mastercard Fee Settlement Evolves 
Waymo Issues Recall After Reports of Self-Driving Cars Illegally Passing School Buses in Texas 
GM Issues Recall for 2026 Chevrolet Silverado Trucks Over Missing Owner Manuals 
Australia Moves Forward With Teen Social Media Ban as Platforms Begin Lockouts 
YouTube Agrees to Follow Australia’s New Under-16 Social Media Ban 
Sam Altman Reportedly Explored Funding for Rocket Venture in Potential Challenge to SpaceX 
The U.S. Export-Import Bank has approved a nearly $5 billion loan to support the Mozambique LNG project, a significant step toward resuming the long-delayed development led by TotalEnergies (EPA:TTEF). The bank had initially committed $4.7 billion under the Trump administration, but the project stalled in 2021 due to violent insurgency in northern Cabo Delgado.
TotalEnergies CEO Patrick Pouyanne recently indicated that U.S. financing would be approved soon, with additional backing expected from UK and Dutch export credit agencies. Mozambique’s energy minister, Estevao Pale, also expects confirmation from these entities, allowing the company to lift the force majeure in place since 2021.
The Mozambique LNG project, in which TotalEnergies holds a 26.5% stake, was set to transform the nation into a major LNG producer before security concerns forced construction to halt. However, partner company Mitsui confirmed in December that final preparations were underway to restart operations after renegotiating contracts.
Despite these developments, environmental groups argue that the project poses significant risks, citing human rights violations, ongoing security threats, and environmental concerns. Daniel Ribiero of Friends of the Earth Mozambique criticized the decision, stating that such factors should have deterred investors.
With improved regional stability and renewed financial commitments, the Mozambique LNG project is inching closer to restarting, potentially reshaping the country’s energy landscape.
