Tuesday, April 29, 2025

CAMAC Energy: Third Analyst Initiates Coverage, Predicts Net Profit by 2015

Kase Lawal, Chairman and Chief Executive Officer of CAMAC Energy (ticker: CAK), first said 2015 will be the company’s most profitable year in history in its Q1’14 conference call. Since then, interest around the industry is building in anticipation of the completion of Oyo-7 and Oyo-8 – two “high impact” wells located offshore Nigeria in exploration blocks OML 120 and

Europe’s No-Carbon Electricity Share Grows to 56%

Nuclear and Hydro are Top Carbon-free Sources Europe’s share of electricity from sources that generate little or no carbon dioxide is now at 56%, according to the EIA. France, Iceland, Norway, Sweden, and Switzerland top the list of European “no-carbon” states, with each country generating more than 90% of their net electricity from no-carbon sources in 2012. Eight other countries