The Government of Ghana has announced plans to restart crude oil refining operations at the Tema Oil Refinery (TOR) by the end of this year as part of a broader strategy to reduce the country’s annual USD 10.2 billion fuel import bill, stabilize domestic fuel prices, and conserve foreign exchange. Once operational, the refinery is...
Day: November 11, 2025
Post
Post
World Bank, Energy Ministry Deepen Collaboration on Ghana’s Power Reforms
The Minister of Energy and Green Transition, Hon. John Jinapor, on Monday 10th November received a delegation from the World Bank, led by Dr. Robert Taliercio, at his office in Accra to discuss ongoing reforms and future collaboration in Ghana’s energy sector. The meeting focused on strengthening partnership efforts aimed at improving efficiency, reducing system...
Post
Clean your house before raising tariffs — Abena Osei-Asare to ECG
Chairperson of Parliament’s Public Accounts Committee (PAC), Abena Osei-Asare, has urged the Electricity Company of Ghana (ECG) to address issues of financial mismanagement before making any further requests for tariff adjustments. Her comments follow deliberations at a PAC sitting that highlighted major discrepancies in ECG’s expenditure, as captured in the 2024 Auditor-General’s Report. The report...
Post
US energy secretary says biggest use of loan office will be for nuclear power plants
U.S. Energy Secretary Chris Wright said on Monday the biggest use of the Department of Energy’s Loan Programs Office will be for nuclear power plants.The LPO has hundreds of billions of dollars in financing aid, including loan guarantees for projects that struggle to get bank loans. During President Donald Trump’s first term in the White...
Post
Welcome to the planet’s newest oil frontier
Off Brazil’s northeastern coast, where the sediment-heavy water of the vast Amazon River tips out into the Atlantic, are two very different types of treasure. The first is an ecological gem: a 3,600 square-mile deepwater coral reef discovered less than a decade ago. The second treasure puts the first in immediate danger. Billions of barrels...
Post
Brazil’s COP30 climate summit opens with a plea for countries to get along.
The COP30 climate summit opened on Monday with the U.N. climate chief urging countries to cooperate rather than battle over priorities, as efforts to limit global warming are threatened by a fracturing international consensus. Host country Brazil brokered a deal on the agenda for the two-week summit in the Amazon city of Belem, deflecting attempts...
Post
Energy Minister Engages American Jewish Committee on Clean Energy Collaboration
The Minister of Energy and Green Transition, Hon. John Jinapor, on Monday, November 10, hosted representatives from the American Jewish Committee (AJC) at the Ministry in Accra to explore potential areas of cooperation in Ghana’s energy transition agendaDiscussions centered on clean cooking initiatives, renewable energy deployment, and rural electrification projects aimed at expanding access to...