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Oil exploration in Ethiopia has been underway for decades, ever since Emperor Haile Selassie I granted a 50-year concession to SOCONY-Vacuum in September 1945. [62] Recent oil and gas discoveries across East Africa have seen the region emerge as a new player in the global oil and gas industry. As exciting as the huge gas fields of East Africa ...
Ethiopia currently relies much on its reserves of wood for energy generation, see the table. Ethiopia in 2013 had 1,120 million tonnes of exploitable wood reserves. [2] Ethiopia also has liquid and solid hydrocarbon reserves (fossil fuels): oil by 253 million tonnes of oil shales and more than 300 million tonnes of coal. [2]
The Ogaden War between Ethiopia and Somalia took place for the control of the region between 1977 and 1978, with a further clash in 1988. In recent years the armed wing of the Ogaden National Liberation Front (ONLF) has been active, and the rebel group has stated that they will not allow the resources of the region to be exploited, urging international oil companies not to sign agreements with ...
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Many compounds found in oil are highly toxic and can cause cancer (carcinogenic) as well as other diseases. [23] Studies in Taiwan link proximity to oil refineries to premature births. [26] Crude oil and petroleum distillates cause birth defects. [27] Benzene is present in both crude oil and gasoline and is known to cause leukaemia in humans. [28]
This is often accompanied by negative effects of economic growth around the affected areas such as inequality and pollution [3] The exploitation of natural resources started to emerge on an industrial scale in the 19th century as the extraction and processing of raw materials (such as in mining , steam power , and machinery ) expanded much ...
The high-value oil seeds cultivated in Ethiopia for exports accounted $446 million while fruits and vegetables accounted $538 million in 2017. [1] Coffee has been the most exported product of Ethiopia. Over 15 million workers involved to cultivation and processing. In 2016/2017, annually export revenue estimated about $881 million.
SouthWest Energy Ltd is an Ethiopian oil and gas exploration and production company located in Addis Ababa, Ethiopia. The company was established in 2005 by Tewodros Ashenafi. [1] It is registered in Hong Kong. [2] [3]