energy

Mogadishu (AX) — An official entourage from Turkey, spearheaded by Deputy Defence Minister Musa Heybet, touched down in Mogadishu on Thursday. Their mission? To oversee the arrival of a Turkish ship geared up for seismic investigations aimed at oil and natural gas reconnaissance along Somalia's coastline.Greeting them at the airport was the Somali Minister of Petroleum and Minerals, Abdirisaq Omar Mohamed, flanked by other high-ranking officials. Adding to the throng was Fathudin Ospite, the Somali Ambassador to Turkey,…

Klarionogy: Calling for a Bright Solution on Energy Shift in Somalia’s Northeastern State AXADLE, Somalia - Mohamed Abdirahman, the dude steering Northeastern State's Environment and Climate Change helm, is ringing alarm bells about their dangerous affair with wood fuel. A colossal 85% of their juice comes from good ol’ firewood and charcoal, leaving forests in tatters. Abdirahman passionately voiced, "Our current ways are razing our woods. Switching to solar is our ticket to save the trees and Northeastern State’s…

Mogadishu (AX) — In a significant leap towards energy autonomy, Djibouti and Egypt have inked a pivotal agreement to establish a 276.5-kilowatt solar powerhouse in Djibouti. This pact, forged in a virtual meet-and-greet, is set to elevate Djibouti’s quest for energy independence while also mending the ties between these two nations.On a day abuzz with ceremony, the Egyptian honcho of Electricity and Renewable Energy, Mahmoud Essmat, along with Djibouti’s power maestro, Yonis Ali Guled, put pen to paper in Egypt on Wednesday,…

Yet again, Nigeria's national electricity grid has taken a nosedive, leaving citizens in the dark just a day after power was reinstated. Numerous distribution companies, such as the Enugu Electricity Distribution Company, Eko Electricity Distribution Company, and the Abuja Electricity Distribution Company, have alerted their customers about the latest outage. Although these power firms are reportedly scrambling to restore electricity, the exasperation among the populace and local businesses is palpable, stemming from a…

NAIROBI, Kenya (AX) — Hashi Energy, a key player in the petroleum industry, hit a wall attempting to shake off a Sh7 billion ($54 million) tax demand from Kenya Revenue Authority (KRA). This tax debacle only adds to the company’s economic woes as liquidation looms large.

In a grand setting, Turkey’s President Recep Tayyip Erdogan stepped up to address the 79th session of the United Nations General Assembly on a bustling Tuesday, September 24, 2024. (AP Photo by Richard Drew) - AP Photo/Richard DrewWith considerable spotlight, President Erdogan participated in the send-off ceremony for Turkey’s energy research vessel, Oruc Reis. This month, the ship departed towards the Somali waters, bolstered by two Turkish naval ships.Somali Energy AccordThe Oruc Reis deployment emerges from an energy…

Erdogan announced a transformative shift for the once conflict-ridden Somali region, saying it will now be heralded for growth, prosperity, and peace thanks to the discoveries by Oruc Reis. Under a deal inked in March between Türkiye’s Ministry of Energy and Natural Resources and Somalia’s Ministry of Petroleum and Mineral Resources, the ship will conduct seismic surveys in Somali waters. Around 11 a.m. (0800GMT), the vessel set sail through the Istanbul Straits after making its entrance from the Black Sea, cruising past…

 Türkiye's research vessel Oruç Reis navigates the Bosporus in Istanbul, Türkiye, on October 5, 2024. (AA Photo) Embarking on a new chapter in maritime oil and gas exploration, the Oruç Reis seismic research ship sets sail for Somalia, marking a significant move celebrated by Türkiye's Energy and Natural Resources Minister, Alparslan Bayraktar, on Saturday. Somali officials acknowledge Türkiye's unwavering assistance in enhancing their energy sector.Joining the send-off ceremony alongside President Recep Tayyip Erdoğan,…

In the grip of a drought that rivals the direst conditions faced in the last two decades, Zambia finds itself in a precarious situation. Both businesses and households are enduring prolonged periods without electricity. With this backdrop, specialists are warning that the ongoing energy predicament could exacerbate the nation's already vulnerable economic landscape. This precarious situation poses the risk of extensive job losses across numerous sectors. According to a report from Daba Finance, the annual inflation rate in…

Iraqi Militia Threatens to Halt Oil Exports, Europe's Winter Energy Security at Stake BAGHDAD, Iraq — An influential figure from Iraq's Popular Mobilization Units (PMU) has sounded a grave alert about the ripple effects of potential warfare in the Middle East on global energy resources. Sharing his thoughts over social media, he proclaimed, "If war erupts, not a single barrel of oil or cubic meter of gas will exit the Middle East. Winter looms…