Australia-listed oil and gas firm Invictus Energy on Monday (8 May) confirmed its discovery of light oil, gas condensate and helium in a remote northeastern region of Zimbabwe, which is hailed as a culmination of months of exploration. Analysis of samples from its remote sites near the border with Mozambique definitively proves the presence of […]
King Mohammed VI visited, on Tuesday afternoon, the Mohammed VI University Hospital in Marrakech, where the Sovereign enquired about the condition of the wounded, victims of the painful earthquake that occurred on Friday September 8, and that caused heavy human and material losses in several regions of the Kingdom. The King visited the resuscitation and […]
The Algerian government released its 2030 vision for economic development, dubbed “New Growth Model,” warning of the unsustainability of the current subsidies system and urging economic diversification to reduce dependency on hydrocarbons. “In all sectors of the public service (electricity, gas, water, rail transport, telecommunications), tariffs are kept at levels lower than the cost of […]
