SAMPSON ENYONGEKERE, UYO A shrewd and globally revered energy expert, Engr. (Dr.) Wisdom Patrick Enang has identified industrialization as the most viable path to unlocking Nigeria’s economic potential. Dr. Enang proffered the opinion on Friday, August 15, while speaking with newsmen in Uyo, the Akwa Ibom State capital. While presenting his opening address, the erudite...
Day: August 26, 2025
Post
Post
Brazil’s Petrobras can return to Nigeria quickly, Nigerian president says
ABUJA, Aug 26 (Reuters) – Brazil’s state-run oil company Petrobras, which left Nigeria five years ago, should be able to return quickly, Nigerian President Bola Tinubu told a news conference with his Brazilian counterpart as part of a two-day visit to deepen ties.Petrobras began operations in Nigeria in 1998 in the deep waters off the...
Post
Egypt petroleum ministry says work underway in three new wells in Zohr gas field
Aug 26 (Reuters) – Work is underway at three new wells in the Zohr gas field in the Mediterranean in the current financial year, Egypt’s petroleum ministry said on Tuesday.Another well, the Zohr-6 well, has added about 65 million cubic feet per day of gas to Egypt’s output, the ministry added.Italian energy group Eni (ENI.MI),...
Post
Oil falls from almost three-week high driven by Russian supply risks
LONDON, Aug 26 (Reuters) – Oil prices lost more than 1% on Tuesday after surging nearly 2% in the previous session as traders monitor developments surrounding the war in Ukraine and potential disruption to Russian fuel supplies.Brent crude was down $1.08, or 1.57%, at $67.72 a barrel by 1040 GMT, having hit its highest since...
Post
Namibia–Botswana oil refinery project moves to feasibility stage
Feasibility studies are currently under way for a proposed joint oil refinery between Namibia and Botswana, with Walvis Bay and Ghanzi under consideration as possible sites, Namibia Mining & Energy can reveal. Although cost estimates of around US$4 billion have been mentioned, Deputy Head of the Upstream Unit, Carlo McLeod, says that no official budget...
Post
South Africa set to miss its energy target by a country mile
South Africa is far off course on multiple energy milestones, from keeping the lights on today to building the cleaner power system promised for 2030. A review of official targets and real-world delivery shows the country missing by a wide margin on electricity capacity, renewable buildout, and emissions goals even as Eskom rushes out new...
Post
The Electricity Company of Ghana (ECG) has commissioned a new 33 kV sub-transmission feeder to receive increased capacity from an upgraded 50/66 MVA transformer of the Ghana Grid Company Limited (GRIDCo).
This milestone, which saw the new feeder being energised on August 24, 2025, to serve Obuasi and its environs, follows months of supply challenges after a fire outbreak damaged GRIDCo’s transformer supplying the Obuasi Bulk Supply Point (BSP). This means the power supply was disrupted for thousands of homes and businesses in Obuasi in the...
Post
How Artificial Intelligence Is Both Driving and Derailing Decarbonization
Will Artificial Intelligence be the downfall of the clean energy transition, or the catalyst that makes it possible? The answer is complicated, and somehow contains a bit of both. Training the large language models that power AI is incredibly energy-intensive, and as models like ChatGPT and DeepSeek become increasingly complex, each individual query can rack...
Post
Energy Minister Engages Stakeholders on Draft NPA Bill
The Minister for Energy and Green Transition, John Jinapor, has led a stakeholder engagement session on the draft National Petroleum Authority (NPA) Bill, which seeks to repeal the National Petroleum Authority Act, 2005 (Act 691), as amended by Act 913 of 2016. The draft legislation is designed to reform Ghana’s downstream petroleum sector by strengthening...