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Day: September 2, 2025

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Ghana-China Media Fellowship 2025 Concludes with Strong Call for Balanced Reporting and Cross-Cultural Dialogue

Ghana-China Media Fellowship 2025 Concludes with Strong Call for Balanced Reporting and Cross-Cultural Dialogue

The Ghana-China Media Fellowship 2025, a groundbreaking initiative designed to build the capacity of Ghanaian media professionals in understanding and reporting on Ghana-China relations, officially came to a close on Saturday, August 30, 2025. Organized by the Africa-China Centre for Policy and Advisory (ACCPA), the 12-week fellowship brought together 15 career journalists from television, radio,...

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Angola plans first output at Cabinda oil refinery by year-end

Angola plans first output at Cabinda oil refinery by year-end

Angola’s planned 30,000-barrel-per-day Cabinda oil refinery, the first to be built since independence a half-century ago, will begin producing fuel by year-end, the Southern African country’s oil and gas minister said on Monday.The project, which will be Angola’s second oil refinery, will help make sub-Saharan Africa’s No.2 crude producer less dependent on costly fuel imports...

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Ghana Becomes Dangote Refinery’s Latest Crude Source as Refinery Hits 70% Capacity

Ghana Becomes Dangote Refinery’s Latest Crude Source as Refinery Hits 70% Capacity

Nigeria’s Dangote Refinery has for the first time sourced crude oil from Ghana, in a move that reflects its diversification strategy as the $20 billion project works to stabilize output and silence speculation over technical setbacks. Since the refinery began production, the company has sourced crude not only from Nigeria but also fromBrazil, Angola, Ghana,...

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Deputy Energy Minister Launches Committee to Oversee Cenit Power Plant Upgrade

Deputy Energy Minister Launches Committee to Oversee Cenit Power Plant Upgrade

Ghana’s push to enhance efficiency and cut costs in power generation has taken another step forward with the inauguration of a Joint Technical Committee to oversee the conversion of the Cenit Power Plant at Tema from a single cycle to a combined cycle configuration. Deputy Minister for Energy and Green Transition, Richard Gyan-Mensah (MP), inaugurated...

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Oil settles higher on weaker dollar and Russian supply disruptions

Oil settles higher on weaker dollar and Russian supply disruptions

Global benchmark Brent crude oil settled 1% higher on Monday, as concerns mounted that intensifying airstrikes in Russia and Ukraine could lead to supply disruptions, and as a weaker dollar lent additional support.Brent crude futures settled up 67 cents, or 1%, at $68.15 a barrel. The U.S. benchmark, the West Texas Intermediate futures contract ,...

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Brazil’s Petrobras lowers jet fuel prices by 3.7%

Brazil’s Petrobras lowers jet fuel prices by 3.7%

Brazilian state-run oil company Petrobras (PETR3.SA), opens new tab will lower the average price of jet fuel sold to distributors by 3.7%, or 0.13 real ($0.0240) per liter, starting September 1, the company said on Monday.Petrobras makes monthly alterations to its jet fuel prices based on factors including oil prices and currency exchange rates.

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Nigeria signs deepwater oil contract with TotalEnergies

Nigeria signs deepwater oil contract with TotalEnergies

Nigeria has signed a production-sharing contract (PSC) with TotalEnergies (TTEF.PA), opens new tab and local firm South Atlantic Petroleum for two offshore blocks, in a step to boost exploration and attract investment under its new oil framework.Nigeria, Africa’s largest oil producer, is seeking to revitalize its upstream sector amid global energy transition pressures and declining...