supply of raw materials for the refineries and petrochemical plants. Dr Aubynn concluded his remarks with a compelling call to both local and international investors to consider the petroleum hub as a prime investment opportunity, emphasising its potential to deliver substantial returns. Present with Dr Aubynn on the panel were the CEOs of the National...
Day: September 19, 2025
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Exxon doubles down on oil, gas, and LNG through 2050
(Bloomberg) – ExxonMobil will pursue fossil fuel growth long into the future to meet demand it says will “not materially change” between now and 2050. The Texas oil major is not concerned with “chasing the narrative of the week” but will invest in oil and gas projects that it believes will be needed for decades...
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Africa Requires $100bn Renewable Energy Investment to Drive Green Industrial Growth – AfCFTA Secretary-General
The Secretary-General of the African Continental Free Trade Area (AfCFTA), H.E. Wamkele Mene, has emphasized that Africa will need an estimated $100 billion to accelerate renewable energy development and expand electricity access across the continent. Speaking at the closing session of the 2025 Africa Oil Week (AOW) in Accra on Thursday, September 18, Mr. Mene...
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Global oil and gas fields shrinking output, IEA urges investment now
The average rate at which oil and gas fields’ output declines over time has significantly accelerated globally, largely due to higher reliance on shale and deep offshore resources, meaning that companies must work much harder than before just to maintain production at today’s levels, according to a new IEA report. The international conversation over the...
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Ranked: Nuclear Power Generation by Country
Key TakeawaysThe U.S. accounts for nearly 30% of global nuclear power generation.China is the second-largest producer, followed by France.Globally, nuclear power accounts for 10% of total electricity generation.Nuclear power remains one of the world’s largest sources of low-carbon electricity, providing reliable baseload energy for millions of people. In 2024, global nuclear power plants generated 2,818...
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Petrosol to leverage human capital to fuel 10-year growth plan
Oil marketing company Petrosol is leveraging its human capital to drive long-term growth in Ghana’s downstream petroleum sector as it implements a 10-year strategic plan to expand market share.The firm says investing in talent development and rewarding high-performing staff will remain central to its competitiveness in the industry.It follows Petrosol’s “A Decade of Excellence” Awards,...