Key TakeawaysThe U.S. accounts for nearly 30% of global nuclear power generation.China is the second-largest producer, followed by France.Globally, nuclear power accounts for 10% of total electricity generation.Nuclear power remains one of the world’s largest sources of low-carbon electricity, providing reliable baseload energy for millions of people. In 2024, global nuclear power plants generated 2,818...
Author: Energy Crossroad (Energy Crossroad)
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Petrosol to leverage human capital to fuel 10-year growth plan
Oil marketing company Petrosol is leveraging its human capital to drive long-term growth in Ghana’s downstream petroleum sector as it implements a 10-year strategic plan to expand market share.The firm says investing in talent development and rewarding high-performing staff will remain central to its competitiveness in the industry.It follows Petrosol’s “A Decade of Excellence” Awards,...
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GOIL PLC Strengthens Emergency Preparedness with Fire Drill at Head Office
GOIL PLC conducted a comprehensive fire drill exercise this morning as part of its unwavering commitment to safety and emergency preparedness. The exercise, organized in collaboration with the Ghana National Fire Service and the Ambulance Service, tested evacuation procedures, firefighting skills, and emergency response measures – reaffirming the company’s dedication to safeguarding staff, customers, and...
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TotalEnergies secures four offshore exploration blocks in Liberia licensing round
TotalEnergies has signed four Production Sharing Contracts (PSC) for the LB-6, LB-11, LB-17 and LB-29 Exploration blocks offshore Liberia, which were awarded following the 2024 Direct Negotiation Licensing Round organized by the Liberia Petroleum Regulatory Agency.The blocks LB-6, LB-11, LB-17 and LB-29, covering an area of approximately 12,700 square kilometers, are located in the south...
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Government Engages Power Sector Stakeholders to Secure Stable Electricity Supply
The government has held a high-level meeting with key players in the power sector to review the current electricity situation and chart strategies for future stability. The meeting, convened this morning, at the instance of the minister of energy and green transition John Jinapor, was aimed at safeguarding consistent and reliable power supply for consumers...
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PURC Set to Roll Out New Utility Tariffs in January 2026
The Public Utilities Regulatory Commission (PURC) has announced that revised utility tariffs will take effect from January 2026, following ongoing stakeholder consultations and public hearings. According to PURC’s Executive Secretary, Dr. Shafic Suleman, the review seeks to strike a delicate balance between safeguarding consumers from excessive charges and ensuring that service providers remain financially sustainable....
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Guyana found huge oil reserves 10 years ago, so why are most people still poor?
With a ‘one-sided’ deal handing vast profits to the world’s top oil firms, many Guyanese ask when the energy bonanza will benefit them.On 18 July, the International Chamber of Commerce approved the attempt by the US energy multinational Chevron to replace Hess Oil as a stakeholder in one of the world’s largest offshore oilfields, Guyana’s...
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France sets new world record by keeping a fusion reactor running for 22 minutes
France’s WEST tokamak held a hot plasma for 1,337 seconds, a little over 22 minutes. That performance matters because long, steady plasma operation is a core requirement for future nuclear fusion power plants.The run also edged past the mark set weeks earlier by China’s EAST, improving the duration by about 25 percent.The run also edged...
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First Nigerian Gasoline Cargo Arrives in U.S.
The first cargo of Nigerian gasoline produced at the Dangote refinery has reportedly arrived at its destination in the United States. Reuters, citing unnamed sources in the know and ship-tracking data, said the gasoline cargo was arranged by Sunoco and commodity trader Vitol. VesselFinder reported that Gemini Pearl, a Panama-flagged oil product carrier, was currently...
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Germany Unveils Long-Lasting Salt-Air Battery for Clean Energy Storage
German engineers have developed a groundbreaking salt-and-air battery capable of lasting for decades while storing renewable power without relying on lithium or harmful metals. This innovation directly addresses one of the green transition’s toughest challenges: storing solar and wind energy during periods when the sun isn’t shining and the wind isn’t blowing. The technology relies...