Springfield Exploration and Production Limited (SEP) has firmly denied allegations made by Petraco Oil Company SA, describing them as “false, unfounded, and without merit.” The accusations surfaced after Petraco filed a petition with the Economic and Organised Crime Office (EOCO), prompting widespread media attention. However, Springfield insists the matter is purely a commercial dispute currently...
Author: Emmanuel Aboagye-Wiafe (Emmanuel Wiafe)
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COPEC and GPRTU Demand Clarity on GH¢1 Fuel Levy, Urge Time-Bound Implementation
The Chamber of Petroleum Consumers (COPEC) and the Ghana Private Road Transport Union (GPRTU) are calling on the government to provide clear timelines and transparent accountability measures for the newly announced GH¢1 levy on petroleum products. Set to take effect on July 16, 2025, the levy excluding Liquefied Petroleum Gas (LPG)is aimed at helping to...
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High Energy Costs Threaten Viability of 24-Hour Economy – GNCCI CEO Warns
The Chief Executive Officer of the Ghana National Chamber of Commerce and Industry (GNCCI), Mark Badu-Aboagye, has raised red flags over Ghana’s high industrial energy costs, warning that they could undermine the successful implementation of the 24-hour economy policy recently launched by the National Democratic Congress (NDC). Speaking on PM Express on a popular TV...
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DR. WISDOM ENANG EXAMINES NIGERIA’S BOLD STRATEGY TOWARDS ASSERTING ITSELF AS A GLOBAL ENERGY GIANT
Emmanuel Aboagye Wiafe A shrewd and globally respected oil and gas consultant, Engr. (Dr.) Wisdom Patrick Enang has intimated that Nigeria’s oil and gas sector is currently undergoing a positive seismic transformation. Dr. Enang stated this on Friday, July 5 while speaking with newsmen on energy related issues. In an opening address, the erudite scholar...
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Renewable Energy Could Save Africa $5 Trillion by 2050 – Report
Emmanuel Aboagye Wiafe A groundbreaking report has revealed that Africa could save up to $5 trillion by fully transitioning to renewable energy by 2050 while dramatically improving energy access, solving persistent power shortages, and creating millions of jobs across the continent. The study, released by Powershift Africa in collaboration with the University of Technology Sydney’s...