The Central Bank of Nigeria has released a total sum of $1.259bn to oil sector players for the importation of petroleum products and other related items into the country, The PUNCH reports. The amount released between the first three months of 2025 is against the backdrop of the insistence of marketers to continue fuel import...
Author: Energy Crossroad (Energy Crossroad)
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Explorco Affirms September 2026 Drill Target for Voltaian Basin
Explorco, the exploration arm of the Ghana National Petroleum Corporation (GNPC), says it is firmly on track to commence drilling in the Voltaian Basin by September 2026, following steady progress on key project milestones and strong backing from local communities. Managing Director Samuel Opoku Arthur confirmed that critical preparatory work has been completed, with contract...
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SPE Africa Strengthens Regional Collaboration at ATCE 2025
The Society of Petroleum Engineers (SPE) Africa Region intensified efforts to strengthen professional development and energy innovation across the continent during a regional meeting held on October 21, 2025, at the George R. Brown Convention Center in Houston, USA. The engagement brought together more than 100 African regional officers on the sidelines of the Annual...
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CBOD CEO to Advocate Stronger Trade and Finance Systems at OTL 2025 Energy Week
The Chief Executive Officer of the Chamber of Bulk Oil Distributors (CBOD), Dr. Patrick Ofori, is set to deliver key insights on Africa’s downstream energy transformation at the upcoming OTL 2025 Africa Downstream Energy Week in Lagos, Nigeria. Dr. Ofori will speak during the International Energy Trading, Finance & Investment Forum, where he is expected...
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Dangote Refinery Expansion Set to Transform West Africa’s Fuel Market
Dangote Petroleum Refinery and Petrochemicals has announced a major expansion of its refining capacity from 650,000 barrels per day to 1.4 million barrels per day — a development expected to reshape Nigeria’s downstream petroleum landscape and regional supply dynamics. The announcement was made in Lagos on Sunday, October 26, 2025, during a world press conference...
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CEMSE Advocates Tolling Model as Sustainable Path to Reviving Tema Oil Refinery
The Centre for Environmental Management and Sustainable Energy (CEMSE) has called for a pragmatic, partnership-driven approach to reviving the Tema Oil Refinery (TOR), arguing that a tolling arrangement, rather than an outright sale, presents the most sustainable path to restoring the refinery’s operational and financial viability. In a statement titled “Direct and Action-Oriented: How a...
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Germany destroys two nuclear plant cooling towers as part of nuclear phaseout plan
The two towers, equivalent to roughly 56,000 tonnes of concrete, collapsed in a controlled demolition on Saturday. It comes as part of Germany’s nuclear phaseout.Two cooling towers of the former nuclear power plant in Germay’s Bavarian town of Gundremmingen were brought down in a controlled demolition at noon on Saturday. The plant had served as...
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On the streets of Thailand, a quiet but powerful movement is bringing light, dignity, and renewal to people who often go unseen.
Mobile laundry vans equipped with solar-powered washing and drying machines travel through city neighborhoods, offering free laundry services to unhoused and low-income communities. Each compact vehicle can handle dozens of loads per day, running entirely on clean solar energy. Local organizations and volunteers work together to bring these vans to parks, underpasses, and shelters, offering...
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AASuP Opens 6th Africa Sustainability Report and SDGs Awards in Accra
The Association of African Sustainability Practitioners (AASuP) has opened the 6th Africa Sustainability Report and Think Energy SDGs Awards 2025, a two-day gathering focused on accelerating the continent’s progress toward the United Nations Sustainable Development Goals (SDGs). The event, which convened policymakers, academics, private-sector leaders and development partners on day one, spotlighted critical areas including...
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Trump greenlights Arctic drilling, reversing Biden’s Alaska oil ban
(Bloomberg) — The Trump administration is opening the entire coastal plain of Alaska’s Arctic National Wildlife Refuge to oil and gas leasing, reversing a Biden administration decision that put the pristine wilderness area off limits.Interior Secretary Doug Burgum said Thursday the agency was opening the 1.56 million acre of tundra on the state’s North Slope...