INVICTUS Energy Limited (IEL) says the processing and reprocessing of data around the Cabora Bassa project has shown signs of hydrocarbons, confirming potential natural gas and crude oil deposits. Last year, IEL conducted a 2D Seismic Survey of the Cabora Bassa area, located in the northern part of the country, as part of its exploration…
A company linked to Shell – the petroleum giant that has the government's support for seismic exploration off the Wild Coast, despite public outrage – donated R15 million to the ANC in the third quarter of the current financial year.
Matters pertaining to the conclusion of an air services agreement, financing of major projects through Saudi Arabia’s Public Investment Fund and exploring avenues to strengthen the island’s Tourism Investment Fund were discussed during a meeting with Saudi Arabia’s Minister of Tourism, Ahmed Al-Khateeb. During the talks with Barbados Prime Minister Mia Amor Mottley at Ilaro Court recently, Al-Khateeb, who was accompanied by a delegation, expressed an interest in bringing a …