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Tag Archives: energy

Erdogan hails Algeria trade deals on Africa tour

Algiers, Algeria | AFP | Turkish President Recep Tayyip Erdogan welcomed the signing of trade deals with Algeria on Tuesday as he visited the country on the first leg of a tour of Africa. Erdogan said the agreements would allow Ankara and Algiers to diversify trade pending the signing of “an …

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Israel announces ‘historic’ gas contract with Egypt

Jerusalem, Undefined | AFP | Israel has struck an “historic” contract to supply natural gas to Egypt, Prime Minister Benjamin Netanyahu announced Monday, in a deal one firm said was worth $15 billion over 10 years. “This will bring billions of dollars to state coffers,” Netanyahu said in a statement …

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US to overtake Saudi as crude oil producer: IEA

Paris, France | AFP | The United States are set to overtake Saudi Arabia as the world’s number two oil producer after Russia this year, as shale companies, attracted by rising prices, ramp up drilling, the International Energy Agency said on Friday. “This year promises to be a record-setting one …

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‘Microwave ovens are cooking the environment’

Paris, France | AFP | Small electrical appliances such as microwave ovens, kettles and hair dryers harm the environment in a dozen different ways, and consumers can do far more to reduce the impacts, researchers said Thursday. In the European Union, the electricity used by 130 million microwaves puts 7.7 …

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Investors turn back on fossil fuels at Paris climate summit

Paris, France | AFP | Major investors vowed Tuesday to move away from Earth-warming fossil fuels as world leaders met in Paris seeking to unlock new cash to save humanity from climate “doom”. Two years to the day since 195 nations sealed the Paris Agreement to avert worst-case-scenario climate change, …

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Burkina Faso launches Sahel region’s largest solar power plant

Zagtouli, Burkina Faso | AFP | West Africa’s biggest solar power plant goes onstream on Wednesday as Burkina Faso, one of the world’s poorest countries, inaugurates a novel scheme to boost renewables and cut energy dependence on its neighbours. The 55-hectare (135-acre) plant at Zagtouli on the outskirts of the …

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