Predator Oil & Gas finds gas in eastern Morocco

redator Oil & Gas Holdings said it made a significant gas discovery in the Guercif permit in eastern Morocco. The discovery was described by the British company as “another very positive step” with a best estimate recoverable prospective resources of 474 billion cubic feet. The company plans to sell the gas from the permit to […]

Sub-Saharan Africa holds $193bn renewables investment opportunity, high ROI, study shows

Sub-Saharan Africa offers opportunity for a $193-billion investment in renewable energy sector by 2031, including utility-scale wind, solar, storage and transmission projects, which may yield an internal rate of return of 15% to 21%, much higher than with similar projects in Europe and the United States, according to a new study. “Africa represents a significantly […]

Algeria’s gas blackmail still making waves across Europe

Algeria’s unilateral decision to suspend gas supply via the Maghreb-Europe gas pipeline to Europe, including to Spain and Portugal is still trigging anger and criticism across Europe as a gas blackmail. In this connection, eleven Portuguese MPs from different political trends questioned, on Monday, their government about this gas blackmail that Algeria is practicing towards […]