Albert Manifold, ex-boss at buildings material company CRH, to take over from embattled Helge Lund BP has appointed a successor to its embattled chair, Helge Lund, as the company breaks from its net zero strategy and pivots back to fossil fuels. Albert Manifold, the former boss of the building material company CRH, will join the BP...
Day: July 21, 2025
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New Study Warns the World is Running out of Time to Avoid the Worst Impacts of Climate Change
Bad climate news is everywhere. Africa is being hit particularly hard by climate change and extreme weather, impacting lives and livelihoods. We are living in a world that is warming at the fastest rate since records began. Yet, governments have been slow to act. The annual global climate change conference of the parties (COP30) is...
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Dangote Refinery Set to Overtake World’s Sixth Largest Refinery After Expansion to 700,000 Bpd
Dangote Refinery Set to Overtake World’s Sixth Largest Refinery After Expansion to 700,000 Bpd The $20 billion Dangote Petroleum Refinery in Lagos, Africa’s largest single-train oil refinery, is undergoing a strategic upgrade to expand its production capacity from 650,000 barrels per day (bpd) to 700,000 bpd by the end of 2025. This development marks a...
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*Energy Ministry Engages IPPs in $1.7 Billion Debt Renegotiation *
The Ministry of Energy and Green Transition has begun negotiations with Independent Power Producers (IPPs) to restructure $1.7 billion in outstanding payments, as part of efforts to ease Ghana’s energy sector debt burden, currently pegged at \$3.1 billion. Energy Minister John Abdulai Jinapor disclosed the ongoing engagements during a High-Level Dialogue themed “Addressing Ghana’s Energy...
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Dr. Ishmael Ackah: Generation Inefficiencies Deepen Ghana’s Energy Sector Debt Crisis
Dr. Ishmael Ackah, Advisor to the Minister for Energy and Green Transition, has sounded the alarm over persistent inefficiencies in Ghana’s power generation segment, describing it as the leading cause of the country’s growing energy sector debt. Speaking during a high-level stakeholder dialogue on “Addressing Ghana’s Energy Sector Challenges for Economic Transformation,” Dr. Ackah stressed...