LONDON/JERUSALEM, Aug 7 (Reuters) – Israel’s Leviathan natural gas field has signed the largest export agreement in the country’s history, worth up to $35 billion to supply gas to Egypt, NewMed , one of the partners in the field, said on Thursday.The deal should ease an energy crisis in Egypt, which has spent billions of...
Day: August 7, 2025
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Power Restored in Tamale Following Ministry’s Intervention
Electricity supply has been fully restored to Tamale and surrounding areas after successful engagements led by the Ministry of Energy. The move comes after workers from the Northern Electricity Distribution Company (NEDCo) and the Volta River Authority (VRA) reversed their earlier decision to suspend operations in the area. The Ministry commended the swift cooperation among...
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GRTCC Halts 20% Transport Fare Increase After Talks with Transport Ministry.
The Ghana Road Transport Coordinating Council (GRTCC) has suspended its planned 20% increase in public transport fares, following a crucial meeting with the Ministry of Transport on Wednesday, August 6, 2025. The move follows mounting public backlash and criticism over the lack of extensive stakeholder consultations prior to the announcement of the fare adjustment. Earlier,...
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xxon’s massive Baytown hydrogen facility faces an uncertain future
The future of Exxon Mobil’s proposed hydrogen project in Baytown is in limbo after the Trump administration unveiled a slew of changes to hydrogen tax credits under its “big, beautiful bill.”Exxon CEO Darren Woods said on an earnings call that the company has seen “mixed progress” in regards to the development of the project.Exxon CEO...
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Tullow Oil Posts $61 Million Loss for H1 2025 on Lower Oil Prices, Reduced Output
Tullow Oil Plc has reported a loss after tax of $61 million for the first half of 2025, reversing a profit of $196 million recorded in the same period last year, amid declining revenues and lower realised oil prices. Revenue for the period declined sharply to $524 million from $759 million in H1 2024, driven...