Global renewable energy capacity rose significantly in 2025, reaching 5,149 gigawatts (GW) after an addition of 692 GW, representing a 15.5% annual increase, a new report by the International Renewable Energy Agency has revealed.According to the report, Renewable Capacity Statistics 2026, renewable energy dominated global power expansion, accounting for 85.6% of total capacity additions, while...
Month: April 2026
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Energy Chamber Ghana Calls for Boycott of Africa Energies Summit Over
‘Discriminatory’ Hiring ConcernsThe Energy Chamber Ghana has called on stakeholders across the country’s energy sector to boycott the Africa Energies Summit, citing concerns over discriminatory hiring practices and the exclusion of African professionals from key roles.In a strongly worded statement issued and signed in Accra by its executive chairman Joshua Narh, the, the Chamber expressed...
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Jinapor Convenes Strategic Meeting to Strengthen Upstream Petroleum Sector
The Minister of Energy and Green Transition, Dr John Jinapor, has convened a high-level strategic meeting with key stakeholders in Ghana’s upstream petroleum industry to align priorities and refine the sector’s roadmap for the coming period. The meeting brought together representatives from the Ghana National Petroleum Corporation (GNPC), the Petroleum Commission, the Office of the...
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COMAC Secures J & B Global Lifting as Headline Sponsor to Boost Oil and Gas Safety Standards
The Chamber of Oil Marketing Companies (COMAC) has welcomed J & B Global Lifting Ltd. as a headline sponsor, marking a decisive step in reinforcing the safety architecture of Ghana’s oil and gas industry.This strategic partnership serves as a high-profile reaffirmation of the company’s dedication to operational excellence and the protection of human capital within...
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Electricity and Water Tariff Reductions Take Effect Today
Electricity and water consumers across Ghana are set to benefit from reduced utility costs, following the implementation of new tariff cuts by the Public Utilities Regulatory Commission (PURC), effective today, April 1, 2026. The Commission, in its latest quarterly tariff review announced in March, reduced electricity tariffs by 4.81 percent, while water tariffs have been...
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Saudi Arabia Trades Oil Barrels for Batteries
As Saudi Arabia redirects more and more crude from the east to the west, where it can export it safely, oil seems to be all that everyone is watching. But not Saudi Arabia itself. In fact, the world’s second-largest oil producer and top exporter has big plans in another area: battery storage.Battery storage has been...
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NPA Moves to Expand Coordination Across Downstream Petroleum Sector
National Petroleum Authority (NPA), has spearheaded a landmark regulatory shift by signing a Memorandum of Understanding (MoU) with the 24-Hour Economy Authority to institutionalize round-the-clock operations within Ghana’s downstream petroleum industry. This strategic partnership, formalized in Accra, aims to synchronize the energy supply chain with the government’s broader “24H+” economic transformation agenda, ensuring that fuel...