As part of its Green4Clean Schools Renewable Energy Project, Vivo Energy Ghana, the exclusive Shell licensee in the country, has teamed up with McKingtorch Africa, a climate-focused social enterprise and United Way Ghana to engage schoolchildren in environmental sustainability through a practical learning experience. The initiative saw pupils from La Enobal Basic School embark on...
Day: July 13, 2025
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NNPC Considers Refinery Divestment Amid Mounting Losses and Failed Revamps
Nigeria’s state oil giant, the Nigerian National Petroleum Company (NNPC) Limited, is exploring the option of offloading its long-troubled refineries, despite billions of dollars already sunk into multiple rehabilitation efforts with little success to show. The Group Chief Executive Officer of NNPCL, Bayo Ojulari, disclosed the development during the 9th OPEC International Seminar in Vienna,...
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IMF Flags Ghana’s Soaring \$2.2bn Energy Sector Deficit, Citing Fiscal Risks and Inefficiencies
Ghana’s energy sector financing gap is forecast to reach US\$2.2 billion by the end of 2025 raising alarm over deepening fiscal strain, according to the International Monetary Fund’s (IMF)* latest country report. The widening shortfall is attributed to rising operational losses at the Electricity Company of Ghana (ECG), sluggish electricity tariff adjustments, and increasing power...
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U.S. and Brazil Become Key Oil Suppliers to India
India has sharply increased its crude oil imports from the United States and Brazil in the first half of 2025, marking a strategic deepening of ties with non-OPEC suppliers amid heightened global volatility and supply risk recalibrations. According to new data from S&P Global Commodity Insights cited by Indian media outlets, US crude shipments to India...