Cape Town, South Africa – Ghana has called on African energy and petroleum ministers to take inspiration from its example by prioritising natural gas as a primary fuel source for industrialisation and domestic consumption. Speaking during a fireside chat at African Energy Week, the Minister highlighted the need for innovative approaches and sustainable policy frameworks...
Author: Energy Crossroad (Energy Crossroad)
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Crude Oil and Refined Products Market Review and Outlook
Compared to August 2025, global petroleum markets in September recorded modest price uptick across crude oil and refined products, reflecting the combined impact of geopolitical tensions and broader economic conditions. In the pricing window under review, crude oil prices rose by about 1.86%, driven largely by supply constraints linked to the sanctions imposed on Russia...
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AEC Launches State of African Energy 2026 Outlook at AEW 2025
The report offers a snapshot of Africa’s dynamic energy market, from oil and gas to renewable energy to critical minerals. CAPE TOWN, South Africa, October 1, 2025 – The African Energy Chamber (AEC) officially launched its latest industry report – the State of African Energy 2026 Outlook – at the African Energy Week: Invest in...
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AEW 2025 Opens with Exploration Push, $1B Seismic Investment and U.S. Pledge of Partnership
African Energy Week (AEW): Invest in African Energies 2025 opened in Cape Town on Tuesday, highlighting renewed exploration, billion-dollar seismic investments, deepening U.S. partnership and calls to end global double standards. African Energy Week (AEW): Invest in African Energies 2025 opened on Tuesday with a call to fast-track oil, gas and clean energy development across...
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African Energy Week (AEW) 2025: South Africa Pursues 10-Year Infrastructure Plan through G20 Presidency
The Global Energy Leaders Forum – hosted during the AEW 2025 pre-conference – outlined clear strategies for advancing both African energy security and an inclusive transition CAPE TOWN, South Africa, September 30, 2025 – which currently holds the G20 Presidency – is advocating for a G20 action agenda focused on prioritizing affordable and inclusive energy...
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bp Promotes Women’s Participation Through GTA Project at AEW 2025
Cape Town, South Africa – September 30, 2025 bp has highlighted its commitment to advancing women’s participation in Africa’s energy sector by actively promoting female engineers through the Greater Tortue Ahmeyim (GTA) gas project, located on the maritime border between Mauritania and Senegal. During a panel session discussion titled, Energy Security in Africa: Why Women’s Participation...
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Ghana’s Downstream Petroleum Market: Mid-year 2025 Strategic Insights
Outstanding achievement by Chamber of Oil Marketing Companies) under the leadership of Riverson Oppong, PhD. and his team, delivering yet again a thorough and data-rich mid-year petroleum volumes analysis. Key data-driven findings Implications for Ghana’s Energy & Petroleum Industry• Energy Security: The surge in fuel oil demand for power plants underscores ongoing electricity supply vulnerabilities....
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New GNPC Foundation Board Inaugurated to Drive Social Impact
Accra, Ghana — The newly constituted Board of the Ghana National Petroleum Corporation (GNPC) Foundation has been inaugurated, with a renewed mandate to advance social impact through education, health, and economic empowerment initiatives in oil-producing communities and beyond.The GNPC Foundation, established under the vision of President John Dramani Mahama, continues to play a central role...
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Africa Energy Bank Targets $5B Fund to Tackle Continent’s Financing Gap
Cape Town, South Africa — The African Petroleum Producers’ Organization (APPO) and the African Export-Import Bank (Afreximbank) have announced progress on the creation of the $5 billion Africa Energy Bank, an initiative designed to address Africa’s chronic energy financing challenges and expand electricity access for millions. The update was delivered on Monday during a pre-conference...
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Fuel Prices Up Again as OMCs Adjust Pump Rates
Accra: Fuel prices at the pumps have gone up again as more Oil Marketing Companies (OMCs) adjust their rates, effective Tuesday, September 30, 2025. The increases follow earlier projections of a hike from mid-September, driven mainly by exchange rate pressures. Market leader Star Oil announced on social media that petrol is now selling at GH¢13.17...