Month: October 2025

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Nigeria set to Demand Higher OPEC Quota – Petroleum Minister

Nigeria set to Demand Higher OPEC Quota – Petroleum Minister

Due to observed drop in oil theft, all things being equal and in view of rising crude oil production output in the country, the Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has said that Nigeria will demand a higher oil production quota at the next meeting of the Organisation of Petroleum Exporting...

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Regulatory Weakness, Capped Stabilisation Fund Undermining Ghana’s Petroleum Revenue Management – PIAC

Regulatory Weakness, Capped Stabilisation Fund Undermining Ghana’s Petroleum Revenue Management – PIAC

Chair of the Technical Sub-Committee of the Public Interest and Accountability Committee (PIAC), Richard Ellimah, has expressed deep concern over what he describes as regulatory and institutional weaknesses in Ghana’s petroleum revenue management framework. Speaking during the NorvanReports, Economic Governance Platform, and Ghana Anti-Corruption Coalition X Space discussion on the theme “Beyond Declining Barrels: Can...

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Energy Minister Reaffirms Government’s Commitment to Petroleum Hub Project

Energy Minister Reaffirms Government’s Commitment to Petroleum Hub Project

The Minister for Energy and Green Transition, Hon. John Abdulai Jinapor, has reaffirmed government’s strong commitment to the successful implementation of Ghana’s flagship Petroleum Hub project. The Minister gave the assurance during a working visit to the Petroleum Hub Development Corporation, where he engaged management and staff on progress made toward realizing the project’s investment...

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Energy, Transport Ministries Deepen Collaboration to Drive 24-Hour Economy

Energy, Transport Ministries Deepen Collaboration to Drive 24-Hour Economy

Deputy Minister for Transport and Member of Parliament for Jomoro, Hon. Dorcas Affo-Toffey, has underscored the importance of stronger collaboration between the energy and transport sectors to accelerate national development and support government’s 24-hour economy initiative. This follows a courtesy visit by the Minister for Energy and Green Transition, Hon. John Abdulai Jinapor, to her...

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9th Ghana Energy Awards: 10 Days to Close of Nominations, Over 300 Entries Received!

9th Ghana Energy Awards: 10 Days to Close of Nominations, Over 300 Entries Received!

The countdown is on for the close of nominations in the 9th edition of the prestigious Ghana Energy Awards (GEA), with just ten days remaining before the window officially shuts on Friday, 31st October 2025. Nominations for this year’s event opened on Tuesday, 9th September 2025, inviting submissions from individuals, companies, and institutions across Ghana’s...

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Powering Industrial Ghana: Genser Energy Sets Benchmark for Indigenous Innovation

Powering Industrial Ghana: Genser Energy Sets Benchmark for Indigenous Innovation

Ghanaian energy firm Genser Energy is emerging as a powerful example of how homegrown enterprise can drive industrial transformation across Africa. The company’s pioneering infrastructure projects and local expertise have positioned it as a key player in Ghana’s energy and industrial ecosystem. The recognition came as part of the CNBC Africa–Standard Bank Group Impact Series,...

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Energy Minister Opens IEA Africa Energy Efficiency Training in Accra

Energy Minister Opens IEA Africa Energy Efficiency Training in Accra

Ghana’s Minister for Energy and Green Transition, John Abdulai Jinapor, has underscored the country’s strong progress in energy efficiency initiatives, as he delivered the welcome and opening address at the International Energy Agency (IEA) Africa Energy Efficiency Policy Training Week, held in Accra. Mr. Jinapor warmly welcomed participants from across Africa and beyond, commending the...

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Petrol tops Nigeria’s imports with 613.6m litres in one year

Petrol tops Nigeria’s imports with 613.6m litres in one year

Nigerians consumed a total of 613.62 million litres of Premium Motor Spirit, popularly known as petrol, for transportation, power generation, and other domestic uses between October 2024 and October 10, 2025, The PUNCH reports. This is according to fresh data obtained from the Nigerian Midstream and Downstream Petroleum Regulatory Authority obtained by our correspondent on...

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Nuclear power plants: reality and prospects

Nuclear power plants: reality and prospects

South Africa is currently the only country on the continent generating nuclear electricity. The first and second units of the Koeberg Nuclear Power Station with a combined electrical capacity of 1,854 MW were launched in 1984 and 1985, respectively. Many African countries have expressed interest in developing nuclear power generation, but these plans are at...

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Policy Inconsistencies, Underinvestment Undermining Ghana’s Oil Revenue Growth – Prof Lord Mensah

Policy Inconsistencies, Underinvestment Undermining Ghana’s Oil Revenue Growth – Prof Lord Mensah

Financial Economist and Head of Local Government Services, Professor Lord Mensah, has attributed the steady decline in Ghana’s oil revenue to years of inconsistent fiscal and investment policies in the petroleum sector, cautioning that the country is now “paying for its past policy indecisions.” Speaking on the NorvanReports, Economic Governance Platform and Ghana Anti-Corruption Coalition...