lifeline

Ireland’s Brexit-proof electric lifeline gets €530m in EU backing

An EU grant of €530m will be put into the €1bn Celtic Interconnector project to link Ireland to Europe’s electric grids via an undersea network. Fears over a potential electricity crisis in a post-Brexit world have seen Ireland turn to its EU neighbours for assistance through the Celtic Interconnector project. The Government confirmed today (2 […]

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PetroSA: Russian geological SEO Rosgeo throws national oil company a R5-billion lifeline

Some five months after Russia’s nuclear hopes in South Africa came crashing down thanks to a High Court order that forced the SA government back to the drawing board, bilateral co-operation between the two countries appears to be working just fine – for now. This is thanks to the deal signed between PetroSA and Rosgeo

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