A confused Government said today that it may rescind the oil prospecting contract on the Algarve’s land, awarded to Sousa Cintra’s Portfuel company, but has missed the deadline within which to act.
Sousa Cintra, (pictured) a local millionaire businessman, says he will continue with his 'exploration to extraction' concession contracts and wonders why there is "so much confusion."
The Chief Executive of Partex Oil and Gas, the company in partnership with Spain’s Repsol to drill and extract oil and gas off the Algarve’s coastline, has decided enough is enough and if the company is not made to feel welcome, there are plenty of other places that it can drill.
Protestors gathered on the Guadiana International Bridge today as close to 300 people joined the 'Pontes pelo Clima' Portuguese-Spanish anti-oil event organised by Algarve and Huelva pressure groups.
Environmental associations, political parties and a multitude of other organisations have called for three demonstrations on 12 November in Lisbon, Oporto and the Algarve, in protest against the planned exploration and production of oil in Portugal.
The smooth slide into the Chairman’s seat at Galp Energía by Paula Amorim was accompanied by calming words of tranquility from Chief Executive, Carlos Gomes da Silva, who assured the assembled press that Paula Amorim is fully aligned with Galp’s strategy which focuses on developments in Brazil.
The former minister in the ‘Great Algarve oil and gas give-away’ Jorge Moreira da Silva has been appointed a Director General of the OECD whose remit included the environment.










