Browsing Tag

energy

Ukraine hit by year’s fiercest assault on energy infrastructure

Russia launched its most powerful barrage of the year against Ukraine’s energy infrastructure overnight, Ukrainian officials said, knocking out heating for hundreds of thousands as temperatures plunged below minus 20 C and ahead of a new round of talks aimed at halting the four-year war. The strikes hit as an arctic cold snap gripped the country and damaged the base of Kyiv’s iconic Soviet-era Motherland monument, adding a symbolic wound to widespread utility outages. “Taking advantage of the coldest days of winter to…

Ukraine’s Zelensky backs energy infrastructure ceasefire despite Russian attacks

Ukraine says it will halt long-range strikes on Russian energy facilities if Moscow stops hitting its grid, President Volodymyr Zelensky said, after U.S. President Donald Trump raised hopes for a short pause in attacks on Kyiv and other cities amid a brutal cold snap. Zelensky welcomed Trump’s announcement and set a clear condition: “If Russia does not strike our energy infrastructure, generation facilities or any other energy assets, we will not strike theirs.” He said he is counting on Washington to help secure the pause,…

Nigeria’s Power Grid Fails Once More, Leaving Millions in the Dark

Widespread Power Outage: Electricity Grid Faces Third Collapse in a Month The electricity grid has recorded its third collapse in a month, raising significant concerns about the reliability of power infrastructure in the region. The latest failure, which occurred on Wednesday evening, affected millions of residents, leaving businesses shuttered and homes in darkness. This repeated instability points to deeper issues within the electrical system that demand urgent attention from authorities. Approximately 6 million people…

Turkey, Somalia Energy Ministers Meet to Explore Energy Cooperation Opportunities

ISTANBUL — Somalia and Türkiye moved to deepen their energy partnership with high-level talks in Istanbul on Monday, as the countries reviewed ongoing hydrocarbon exploration and mapped operational plans ahead of Somali President Hassan Sheikh Mohamud’s upcoming visit to Türkiye. Somali Minister of Petroleum and Mineral Resources Dahir Shire Mohamed met with Türkiye’s Minister of Energy and Natural Resources Alparslan Bayraktar to assess the status of joint exploration work in Somalia’s onshore and offshore basins and…

Afreximbank Supports Heirs Energies with $750 Million Investment in Nigeria

African Export-Import Bank (Afreximbank) and Heirs Energies Limited have announced a landmark US$750 million financing partnership designed to optimize Heirs Energy's capital structure and unlock critical liquidity to support its working capital requirements as it pursues its ambitious field development program. The investment is expected to significantly transform Nigeria's domestic energy capacity as demand rises. This collaboration comes at a crucial time for Nigeria, a nation grappling with increased energy demands and…

Von der Leyen: EU entering new era of energy independence from Russia

BRUSSELS — European Union leaders reached an overnight agreement to ban imports of Russian gas by autumn 2027, a landmark step aimed at severing a major revenue stream for Moscow and marking, in the words of European Commission President Ursula von der Leyen, "the dawn of a new era" of energy independence from Russia. The compromise, struck between EU capitals and the European Parliament, sets a staggered timetable: long-term pipeline contracts will be prohibited from Sept. 30, 2027 — provided EU gas storage levels are…

Robinson: Irresistible momentum driving a global shift to renewable energy

Negotiations at the U.N. COP30 climate summit in Belém intensified Thursday as countries clashed over how explicitly the final text should require a phaseout of fossil fuels, even as a surge of delegations pushed for a roadmap and Brazil’s president flew in to press for an early deal. Mary Robinson, former president of Ireland and a member of the Elders, said the summit has “momentum and energy” but warned a firm decision has not yet been reached. Robinson noted about 85 countries, including Ireland, have joined a coalition…

Militant Violence Erodes Mozambique’s Vital Natural Gas Revenues

After years of silence, Mozambique’s gas dream restarts — but who will pick up the tab? When French energy major TotalEnergies announced it had lifted the force majeure on its liquefied natural gas project off Mozambique’s northern coast, the message was outwardly simple: long-dormant gas operations in the Rovuma Basin are ready to resume. The subtext, however, is far murkier. The four-and-a-half-year pause — driven by an insurgency that convulsed Cabo Delgado — has transformed what was a marquee energy project into a…

Apple unveils major new renewable energy projects across Europe

Apple’s European renewables push raises familiar questions about power, place and purpose Apple on Tuesday unveiled plans for a cluster of large-scale solar and wind projects across Greece, Italy, Latvia, Poland and Romania, saying the new developments — together with a solar array in Spain that has already begun feeding the grid — will add roughly 650 megawatts of renewable capacity in Europe. The company estimates those projects will generate more than 1 million megawatt-hours of clean electricity on its behalf by 2030,…