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Tag Archives: energy

Power cuts return to South Africa

  Johannesburg, South Africa | AFP |  South Africa’s electricity utility Eskom at the weekend resumed power outages, citing a “vulnerable” generating system, just weeks after implementing the severest rationing in recent times. The debt-laden company which generates around 95 percent of the country’s electricity, on Sunday said the cuts …

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Electricity generation company in record Shs24bn profit

Kampala, Uganda | JULIUS BUSINGE | Uganda Electricity Generation Company Limited (UEGCL) announced on Dec.17 that it had made a net profit of Shs24.7bn for the financial year 2018/19, up from a loss of Shs10.8bn a year before. Officials said the profit, the first since the company’s inception in 2001, …

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South Africa’s power blackouts intensify

Johannesburg, South Africa | AFP |  South Africa’s debt-laden state power company Eskom on Monday announced it was implementing a more intense electricity rationing schedule, five days after continued rolling power cuts have plunged businesses, schools and homes into darkness. The power cuts, known as “load shedding” are implemented to …

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BP chief executive Dudley stepping down

London, United Kingdom | AFP |  BP said Friday that Chief Executive Bob Dudley, who oversaw the energy giant’s response to and recovery from the devastating Gulf of Mexico 2010 oil spill disaster, will leave next year. American Dudley, 64, will step down on February 4, 2020 and retire at the …

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Iran warns of ‘World War III’

 Iranian FM warns US or Saudi attack would trigger ‘all-out’ war: CNN Tehran, Iran | AFP |  Iranian FM has warned that a US or Saudi attack would trigger ‘all-out’ war, CNN has reported. This came hours after Foreign Minister Mohammad Javad Zarif accused Iran’s foes Thursday of agitating for war, as Washington and …

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Iran refutes US accusations over Saudi oil attacks

Tehran, Iran | AFP | Iran on Sunday dismissed US accusations it was behind drone attacks on Saudi oil installations, suggesting the United States was seeking a pretext to retaliate against the Islamic republic. “Such fruitless and blind accusations and remarks are incomprehensible and meaningless,” foreign ministry spokesman Abbas Mousavi …

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Fossil fuels? Plastic? Trump says more is better

Monaca, United States | AFP |  President Donald Trump has seen the future and it is oil. And plastic. Where most environmental scientists and most US allies fear that overuse of fossil fuels is driving the planet into crisis, the US president spies only opportunity. In a speech on Tuesday to …

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Renewable energy alternatives can tame deforestation

Kampala, Uganda | THE INDEPENDENT |  Ugandan farmers are demanding that the government addresses deforestation through a deliberate investment in alternative sources of energy.    They say that the approach should be integrated with the operationalization of the tree fund stipulated under the Environment and the National Tree Planting Act and implemented …

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