But Russian newspaper Moskovskij Komsomolets warned this week that petrol supplies were “near critical”, with drivers in far eastern Russia reporting kilometre-long queues, rationing and soaring prices. Strikes have also hit the Druzhba pipeline, disrupting exports to Hungary and Slovakia – potentially cutting off a key source of foreign currency for Russia. Moscow has intensified...
Author: Energy Crossroad (Energy Crossroad)
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Can $60 Billion Transform Nigeria’s Oil and Gas Industry?
Can $60 billion in new investments revive Nigeria’s struggling oil and gas sector? That’s the ambitious target set by the Nigerian National Petroleum Company Limited (NNPCL), which is seeking large-scale financing to boost crude production, expand gas development, and restore the country’s refining capacity. The plan is bold: raise crude oil output to 3 million...
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Namibia warns against export-only hydrogen model
Namibia’s National Planning Commission Director General, Kaire Mbuende, has called on African and global leaders to ensure the hydrogen economy delivers real benefits for Namibians rather than repeating the limited gains of past extractive industries.Opening the Global African Hydrogen Summit 2025 in Windhoek, Mbuende said the sector must drive industrial growth, job creation and community...
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IMF Backs Ghana’s Utility Tariff Review, Urges Broader Energy Reforms
The International Monetary Fund (IMF) has thrown its weight behind Ghana’s planned review of utility tariffs in the energy and power sectors, describing it as a critical step toward addressing long-standing inefficiencies in the industry. Speaking at a press briefing in Washington, D.C., IMF Communications Director Julie Kozack said the adjustment is expected to help...
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Total Energies eyes expansion in Namibia beyond Venus project
TotalEnergies Chief Executive Officer Patrick Pouyanné says the company is looking to grow its footprint in Namibia’s oil sector beyond the Venus project, even as the deepwater discovery remains the group’s top priority. Venus today is a priority, but it’s clear that TotalEnergies is willing to use Venus as a base to try to move...
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How Power Outages Are Crippling Africa’s Healthcare System
Decentralized Success StoriesThe Health Electrification and Telecommunications Alliance (HETA) works to connect sub-Saharan African health facilities to reliable power and digital tools.Kenyan engineer Norah Magero developed the VacciBox, a solar-powered portable fridge that keeps vaccines cold and increases immunizations by 150% in one remote district.To fund these solutions and bridge power gaps, significant investment and...
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PHDC Urges Malaysian Investors to Tap Into Ghana’s Petroleum Hub Project
The Deputy Chief Executive Officer of Operations and Technical at the Petroleum Hub Development Corporation (PHDC), Onasis Kobby, has called on Malaysian investors to seize the opportunity to invest in Ghana’s flagship Petroleum Hub project. Speaking at the PHDC Investor Breakfast Meeting in Kuala Lumpur, Mr. Kobby described the project as “one of Africa’s most...
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Ghana to Host First-Ever Ghana–China Climate Summit in Accra
The Africa–China Centre for Policy and Advisory (ACCPA) has announced that Ghana will host the first-ever Ghana–China Climate Summit on Tuesday, 16th September 2025, at the AfCFTA Auditorium in Accra, beginning at 9:00 AM GMT. The landmark summit will convene senior government officials, diplomats, industry leaders, development partners, academics, and civil society representatives from Ghana...
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Africa-Europe Foundation Unveils New Policy Reports at Africa Climate Summit in Addis Ababa
Addis Ababa, September 8, 2025 The Africa-Europe Foundation (AEF), together with a consortium of leading African and European think tanks and research institutes, has launched a series of new policy reports at the 2nd Africa Climate Summit in Ethiopia. The publications form part of the RoadtoLuanda25 initiative, which seeks to generate data-driven insights and innovative...