Sub-Saharan Africa recorded the strongest improvement in energy transition performance globally in 2026, according to the latest Energy Transition Index (ETI), even as financing constraints, underinvestment and structural barriers continue to slow progress across much of the continent. The ranking, published by the World Economic Forum (WEF) in collaboration with consulting firm Accenture, identified Namibia,...
Author: Energy Crossroad (Energy Crossroad)
Post
Post
Ghana Highlights Strong Energy Governance Framework at Suriname Energy, Oil & Gas Summit 2026
Ghana Highlights Strong Energy Governance Framework at Suriname Energy, Oil & Gas Summit 2026Ghana has highlighted the importance of strong institutions, transparency, and accountability in managing natural resources at the 6th edition of the Suriname Energy, Oil & Gas Summit and Exhibition (SEOGS 2026) held in Paramaribo, Suriname.The Deputy Minister for Energy, Richard Gyan, represented...
Post
KNUST Seeks Collaboration with PHDC As Official Training Partner for Petroleum Hub Project
The Kwame Nkrumah University of Science and Technology (KNUST) has signalled its strong belief in the Petroleum Hub project by initiating steps to become the official training partner for the Petroleum Hub Development Corporation (PHDC).In pursuit of this strategic move, a high-powered delegation from KNUST paid a courtesy call on the Chief Executive Officer of...
Post
Tariff hikes alone won’t fix power sector inefficiencies
By Kizito CUDJOE The latest utility tariff increase has renewed debate over sustainability of pricing reforms in the power sector, with energy policy experts arguing that repeated adjustments are failing to address deep-seated inefficiencies in the system. The Public Utilities Regulatory Commission (PURC) has approved a 3.49 percent increase in electricity tariffs and a 0.85...
Post
Dangote Refinery insists exported fuel are not returning to Nigeria through Lomé
Dangote Petroleum Refinery has refuted claims that petroleum products exported from its facility are being re-imported into Nigeria through the offshore ship-to-ship trading hub in Lomé, Togo. The refinery disclosed this on Tuesday, June 23, through a statement issued by its management, describing the allegation as a “web of falsehoods” and insisting that the claim...
Post
Energy Levy generates GH¢8.81bn in 2025 — Gov’t reveals
The government says the Energy Sector Shortfall and Debt Repayment Levy, which introduced a charge of GH₵1-per-litre on selected petroleum products, generated GH¢8.81 billion in 2025 into the Energy Sector Support Account. The government added that additional resources amounting to GH¢1.26 billion were deployed beyond the proceeds from the levy, bringing the total funds available...
Post
ACEP Trains Second Cohort of Journalists to Strengthen Fiscal Accountability Reporting
The Africa Centre for Energy Policy (ACEP) has convened the second cohort of its Media Fellowship for Fiscal Accountability Programme, aimed at equipping journalists with the skills needed to promote transparency and accountability in public financial management. The fellowship comes at a time when Ghana’s fiscal governance landscape is increasingly influenced by publicly available data,...
Post
UAE ‘Eyes’ Ghana’s Ambitious Petroleum Hub project
Industrialisation, value addition, employment generation, and economic transformation while enhancing Ghana’s position as a gateway for energy trade and investment in West Africa. Commitment to Continued Engagement The meeting concluded with both sides reaffirming their commitment to continued dialogue and closer engagement in support of Ghana’s long-term development objectives and regional energy ambitions. The PHDC...
Post
TOR MD, Audit Team Attend Global Internal Audit Conference in Singapore
The Managing Director of the Tema Oil Refinery (TOR), Mr. Edmond Kombat, together with members of the refinery’s audit team, is participating in the Institute of Internal Auditors (IIA) conference in Singapore to strengthen internal audit practices and governance systems at the refinery. Internal audit remains a critical component of TOR’s operations, supporting effective risk...
Post
African Energy Chamber welcomes Murphy Oil’s Bubale-1X discovery, which is expected to support Ivory Coast’s ambition to increase oil output to 500,000 barrels per day by 2035.
U.S. energy company Murphy Oil Corporation has announced an oil discovery at the Bubale-1X exploration well in Block C1-709 offshore Ivory Coast, marking another step in the country’s expanding upstream development. The discovery reinforces Ivory Coast’s position as one of West Africa’s fastest-growing exploration destinations and supports its ambition to become one of Africa’s top...