Tag Archives: energy

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 …

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 …

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 …

European Investment Bank and FMO sign up to renewAfrica covenant Luxembourg, LUX | THE INDEPENDENT | In a continued effort to back the development of renewable energy on the African continent, the EIB and FMO on Wenesday committed to support the “renewAfrica” initiative, championed by RES4Africa. The renewAfrica Initiative is a …

    Rank | Country | Total installed capacity (MW) 1 Ethiopia 3,822 2 South Africa 3,595 3 Angola 3,083 4 Egypt 2,876 5 DRC 2,704 6 Zambia 2,397 7 Mozambique 2,191 8 Nigeria 2,064 9 Sudan 1,923 10 Morocco 1,770 11 Ghana 1,584 12 Zimbabwe 1,076 13 Cote D’Ivoire …

The key challenges for hydropower development in Uganda, and most countries in Africa, include the need for substantial up-front investment capital which cannot easily be raised by the sector, as well as environmental and social concerns such as the resettlement and compensations of persons Paris, France | IRENE MULONI | …

London, United Kingdom | AFP | Energy giant Royal Dutch Shell on Thursday said its net profit edged higher to $6 billion in the first quarter, with gains capped by cooler oil prices and a dip in production. Profit after tax climbed two percent compared with the first three months …

Developing economies across Africa are in a unique position to invest in cleaner sources of power at a lower cost COMMENT | BHAVTIK VALLABHJEE | Africa is a continent blessed with an abundance of natural resources – water, wind, thermal coal, natural gas, and of course plenty of sunshine – …

Why Natural Resources Committee Members of Parliament wants Eskom contract terminated Kampala, Uganda | JULIUS BUSINGE | Eskom Uganda Limited, a subsidiary of Eskom Holdings of South Africa could be in trouble. The company has failed to invest the mandatory US$100 million in rehabilitating the 380MW Nalubaale-Kiira Dam located in …

Paris, France | AFP | Massive electricity blackouts, like the one which ground much of Venezuela to a halt on Friday, have struck several times around the world since the beginning of the 21st century. – Latin America – Venezuela previously experienced a power outage on September 3, 2013, which …