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Tag Archives: energy

Total sells Norwegian assets to Kuwait

Paris, France | AFP | French oil giant Total said Monday it has agreed to sell its remaining stake in a Norwegian oil field to Kuwait so that it can focus on its recent acquisition of Denmark’s Maersk Oil. “Total has signed an agreement to divest its remaining 15-percent interest in …

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China merges energy giants into global leader

Beijing, China | AFP | Chinese authorities have approved a mega-merger between the country’s largest coal producer and a top electricity firm, the government said Monday, reportedly creating the world’s biggest power company in terms of capacity. The tie-up between the two state-owned companies — coal producer Shenhua Group Corp. and …

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OPEC pumps more oil in July despite cut pledge: IEA

Paris, France | AFP | OPEC pumped more oil in July as global oil supplies rose for the third straight month, the IEA said Friday, giving figures that cast further doubt on the cartel’s pledge to cut output to raise prices. In its monthly report on the global oil market, the …

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Tanzania to speed up hydropower project on UNESCO site

Nairobi, Kenya | AFP |  Tanzania’s President John Magufuli plans to speed up the building of a hydroelectric dam in one of Africa’s largest game reserves, despite criticism from environmentalists and UNESCO. The long-planned dam in the Selous Game Reserve, already listed as a UNESCO world heritage site in danger, …

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Egypt’s Sisi in Uganda for crucial Nile Basin talks

Egypt’s President Abdel-Fattah El-Sisi is in Uganda for crucial talks on the use of the River Nile waters. Sisi jetted into Entebbe Thursday morning for the Nile Basin Heads of State summit, one of several leaders who flew in for discussions on sharing River Nile that has divided the region …

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Egypt delivers fuel to ease Gaza electricity crisis

Rafah, Palestinian Territories | AFP |  Egypt began on Wednesday to deliver a million litres of fuel to Gaza, a Palestinian official said, in an attempt to ease the Palestinian enclave’s desperate electricity crisis. The fuel, trucked in through the Rafah border between Egypt and Gaza, will be routed to …

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Youth can help achieve SDGs

  In 2015, Samuel Malinga, at age 26, founded Sanitation Africa—a company engaged in turning human waste into briquettes for cooking and agricultural manure.  For his innovative approach to waste management, he has been recognized by several organizations, including the Tony Elumelu Foundation, a philanthropy that awarded him a grant …

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Climate: The Paris Agreement at a glance

Paris, France | AFP |  The 2015 Paris Agreement, which the United States will quit according to President Donald Trump’s announcement on Thursday, is the first pact to commit all nations to limiting global warming caused by emissions from burning coal, oil and gas. Key facts about the pact: – …

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