The Africa Sustainable Energy Centre (ASEC) has raised alarm over Ghana’s rapidly declining crude oil production, cautioning that the sharp fall in petroleum revenues poses a significant threat to national fiscal stability and energy security. In a statement issued on Monday, ASEC revealed that petroleum revenue dropped by 56% in the first half of 2025,...
Day: November 26, 2025
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PHDC Engages BOST Energies, TOR in High-Level Talks on Strengthening Energy Sector Collaboration
The Petroleum Hub Development Corporation (PHDC) has held a high-level strategic meeting with the Bulk Oil Storage and Transportation Company Limited (BOST Energies) and the Tema Oil Refinery (TOR) to explore collaboration opportunities aimed at bolstering Ghana’s energy and industrialisation drive. The engagement, which took place on Tuesday, November 25, brought together senior executives from...
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Dangote Contracts Honeywell International for Major Refinery Capacity Upgrade to 1.4 million barrels per day
Dangote Group is pleased to announce that it has entered a strategic partnership with Honeywell International Inc to support the next phase of expansion of the Dangote Petroleum Refinery. This collaboration will provide advanced technology and services that will enable the refinery to increase its processing capacity to 1.4 million barrels per day by 2028,...
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Petrol Imports From Malta Drop By 60% After Dangote Refinery
Nigeria’s imports of refined petroleum products from Malta have plunged by 60 percent in 2024, signalling a shift in the country’s downstream fuel supply dynamics as the Dangote refinery ramps up output. Data from TradeMap show that Nigeria’s imports of Malta petroleum oils and oils obtained from bituminous minerals dropped to approximately $818 million in...
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GRIDCo recognises AngloGold Ashanti for outstanding safety collaboration at 2025 Safety Durbar
GRIDCo has recognised AngloGold Ashanti (Obuasi and Tarkwa Mines) and one of its engineers, Kisman Eghan, for their outstanding collaboration with the company over the years in delivering a reliable power supply for the mining sector. The recognition was part of the annual Corporate Safety Durbar and Awards Ceremony, which climaxed a month-long safety awareness...
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GNPC to begin onshore drilling in 2026, but CSOs question readiness
The country’s push to revive its dwindling oil fortunes is taking centre stage again as the state prepares to drill its first onshore exploration well in the Voltaian Basin during October 2026 – a move civil society groups say still lacks the clarity and technical assurance needed for such a major undertaking. The announcement, delivered...