Tag Archives: energy

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 …

 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 …

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 – …