The move into oil production is seen as a potential economic game-changer. With Somalia struggling to diversify its economy, ...

Somalia's current prime minister, Hassan Ali Khaire, was working for Soma Oil & Gas at time. Somali officials say that since taking office, Khaire has “relinquished” his stake in the company ...

Somalia has relied on aid for decades – can it survive without it? - Somalia is struggling with hunger, security and the ...

Turkey is set to dispatch its research vessel, the Oruc Reis, to oil blocks offshore Somalia next month, in a strategic move to diversify its crude supply and strengthen its energy security ...

ANKARA, Turkey — Turkey and Somalia reached an oil and gas cooperation agreement for the Horn of Africa nation in Istanbul on Thursday, the Turkish energy minister said, the latest step in ...

Turkey is set to send navy support to Somali waters after the two countries agreed Ankara will send an exploration vessel off the coast of Somalia to prospect for oil and gas.

Somalia’s government signed an oil-production sharing agreement with US-based Coastline Exploration Ltd., the latest step toward developing the war-torn nation’s energy industry.

Somalia’s oil-rich Puntland region will on Thursday hold its first democratic local elections since 1967, a significant turnaround for the semi-autonomous state that’s long been known as a ...