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energy

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#energy

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During Erdogan’s Visit, Turkey and Ethiopia Seal Energy Cooperation Pact

Turkey and Ethiopia signed a memorandum of understanding on energy cooperation during President Tayyip Erdogan’s one-day visit to Addis Ababa on Tuesday, setting the stage for joint projects and manufacturing across renewable power and efficiency, Turkey’s Energy Ministry said. The accord was inked at a ceremony following talks between Erdogan and Ethiopian Prime Minister Abiy Ahmed. It marks Erdogan’s first visit to Ethiopia in 11 years and signals a fresh push to deepen Ankara’s engagement with the Horn of Africa. Turkish…

Türkiye dispatches drilling vessel to Somalia for landmark offshore energy exploration

Türkiye sends drilling vessel to Somalia for historic offshore energy mission MERSIN, Turkey — Türkiye’s new deepwater drilling vessel, the Cagri Bey, departed Mersin Port on Sunday bound for the Somali coast to begin its first international offshore energy assignment, marking a significant step in Ankara’s drive for energy independence. Energy and Natural Resources Minister Alparslan Bayraktar announced the deployment as part of a broader strategy to expand oil and natural gas exploration. Drilling operations in Somali…

United Nations urges Russia to halt strikes on Ukraine’s energy infrastructure

UN urges Russia to halt strikes on Ukraine’s energy grid as fresh barrages kill civilians, cripple heat and water supplies The United Nations on Thursday called on Russia to stop its attacks on Ukraine’s energy infrastructure after another nationwide barrage killed two people and plunged parts of the country into darkness and subzero cold. “The relentless attacks by the Russian Federation on energy infrastructure across Ukraine are depriving an already long-suffering civilian population of adequate warmth, water and…

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…