A video that recently surfaced online, allegedly showing Nigerian miners stranded in the Central African Republic (CAR), has triggered a diplomatic response from both Nigeria and China. The footage, though not independently verified, has led to public concern and official investigations after individuals in the video claimed they had been trafficked and left behind by...
Month: July 2025
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Ghana Saves $1.4 Billion from Crude Oil Revenue Since 2010-Latest Report
Ghana has accumulated a total of $1.4 billion in savings since it began commercial crude oil exports, according to the latest Petroleum Investment Report. The amount comprises revenues from oil exports, taxes from petroleum firms operating in Ghana, and rental payments made to the state since the country commenced commercial production in 2010. Fund Performance...
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Second stage of reprocessing centre in Zheleznogorsk launched Tuesday, 29 July 2025.
The second complex of the Experimental and Demonstration Centre, which will process used nuclear fuel, has been launched, and follows an initial experimental stage. World Nuclear News Second stage of reprocessing centre in Zheleznogorsk launchedTuesday, 29 July 2025The second complex of the Experimental and Demonstration Centre, which will process used nuclear fuel, has been launched,...
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PHDC Hosts Strategic Talks with International Investor Consortium on Petroleum Hub Development
The Petroleum Hub Development Corporation (PHDC) on Monday, July 28, 2025, held high-level discussions with a consortium of five investment and engineering firms exploring potential collaboration on Ghana’s ambitious Petroleum Hub project. The consortium includes local partner IBS Dolphin Ltd, Egypt-based Gharably Integrated Engineering Co. (GIECO), Worldwide Container Services, an international marketing agency, and a...
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DVLA to Replace Aluminium DP Plates with Digital Stickers from August 1
The Driver and Vehicle Licensing Authority (DVLA) has announced it will phase out the use of aluminium “Drive from Port” (DP) number plates at all ports of entry across the country, starting August 1, 2025. In a move aimed at improving service delivery and enhancing security, the Authority will roll out digital DP sticker numbers...
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Ghana Rakes in $370.6 Million from Crude Oil in First Half of 2025
Ghana generated $370.62 million in petroleum revenues during the first half of 2025, according to the latest Petroleum Semi-Annual Report released by authorities. The bulk of the earnings $218.62 million came from crude oil liftings conducted between January and March 2025. Additionally, the country received $148.75 million in corporate taxes paid by key industry players...
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Transparency and Reform in NPA’s Fund Management: Decoupling Roles for Accountability
The Centre for Environment Management and Sustainable Energy (CEMSE) is calling for urgent reforms within the National Petroleum Authority (NPA), advocating a clear separation between the Authority’s regulatory role and its management of petroleum-related funds. CEMSE argues that the NPA’s dual mandate has led to a lack of transparency and accountability, with significant revenue surpluses...
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Eni bets on energy transition profits to match oil and gas by 2035
Italian oil major Eni expects profits from its green businesses to rival those from oil and gas within a decade, in a bold bet that contrasts with a retreat from renewables by Shell and BP after lacklustre returns. “By 2035, the [operating profit] created by our new companies will balance what is coming from oil...
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NOVA Fuel Launches 18th Filling Station in Walewale, Targets Leadership in Oil Marketing Sector
Ghanaian oil marketing firm NOVA Fuel has inaugurated its 18th fuel filling station in Walewale, located in the North East Region, reinforcing its aggressive nationwide growth strategy aimed at becoming the leading Oil Marketing Company (OMC) in Ghana within the next five years. The newly commissioned station is part of NOVA Fuel’s broader vision to...
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Government of Sierra Leone Completes 33kV Power Line Installation Between Bo and Kenema
The Government of Sierra Leone has completed the installation of the 33kV transmission power line between Bo and Kenema. According to recent updates, the network will be powered in the coming weeks, bringing stable electricity to more than 300000 people across the two cities and nearby areas. The project is part of a broader energy...