Nigeria’s upcoming 2025 Licensing Round, scheduled to open on December 1, 2025, is being positioned as a pivotal moment in the country’s energy policy—one that moves beyond traditional oil exploration to embrace a gas-focused future.Unlike previous cycles that concentrated largely on oil-rich acreages, the 2025 round places strategic emphasis on gas-bearing blocks, reflecting Nigeria’s evolving...
Author: Energy Crossroad (Energy Crossroad)
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GOIL Unveils Ultra-Modern Service Station in Prestea
GOIL PLC has expanded its nationwide footprint with the opening of a new, modern service station at Prestea Ankobra in the Western Region.The new station, now the third in the vibrant mining town, has been designed as a full-service convenience hub. It features a well-equipped lube bay, tyre centre, pharmacy, and restaurant, offering customers a...
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Nigeria’s EV push splits experts as Senate advances green mobility bill
Nigeria’s drive toward cleaner transportation has taken a major legislative step, but the country’s automotive and energy experts remain sharply divided over whether the nation is ready for a large-scale transition to electric vehicles (EVs).While the bill has been hailed in some quarters as a forward-looking industrial policy, a growing chorus of analysts warns that...
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ACEP Warns Government’s Planned 1,200MW State-Owned Thermal Plant Could Deepen Sector Inefficiencies
Energy Policy Analyst at the Africa Centre for Energy Policy (ACEP), Kodzo Yaotse, has raised significant concerns over Government’s proposal to construct a 1,200-megawatt state-owned thermal power plant, cautioning that the initiative may not yield the intended benefits of lower tariffs and improved energy security.Speaking to NorvanReports on the sidelines of the 2026 Budget Review...
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Ben Boakye Warns Government as Technical Review Shows Afina Discovery Fails Key Tests
Ghana’s Ministry of Energy is presenting its planned intervention in Springfield Exploration & Production’s (SEP) West Cape Three Points Block 2 (WCTP2) as a bold, evidence-based move to unlock stranded value. But investigations show otherwise, with a confidential technical assessment by the Petroleum Commission suggesting that the country’s upstream regulator has information which exposes a...
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Energy Minister Inaugurates Nuclear Power Ghana Board, Charges Members to Accelerate Nuclear Agenda
The Minister for Energy and Green Transition, John Jinapor, on behalf of President John Dramani Mahama, has inaugurated the new Board of Nuclear Power Ghana (NPG), tasking members to fast-track the country’s long-held ambition of adding nuclear energy to its power mix.Speaking at the ceremony, the minister highlighted Ghana’s decades-long pursuit of nuclear power—an aspiration...
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Government’s Planned Reassignment of WCTP2 Block Poses Major Blow to Springfield
The government’s move to reassign the West Cape Three Points Block 2 (WCTP2) to what it describes as a “more financially robust operator” is sending strong signals across the petroleum sector, marking what some industry observers say is one of the toughest periods for Springfield Exploration and Production Limited (SEP). The latest development follows a...
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24-Hour Economy: NPA Deputy CEO Leads Sector-Wide Assessment of Tema Oil Installations
A combined team led by the Deputy Chief Executive of the National Petroleum Authority (NPA), Dr. Dramani Bukari, has undertaken a technical tour of key petroleum facilities in Tema as part of preparations for the rollout of the government’s 24-hour economy programme.The delegation, which included representatives from major downstream petroleum institutions, visited BOST Energies (APD),...
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Government in Talks With Springfield for Possible State Takeover of WCTP2 Interest
The Government of Ghana is holding negotiations with Springfield Exploration and Production Limited (SEP) on a potential state-led acquisition of the company’s interest in the West Cape Three Points Block 2 (WCTP2). According to spokesperson of the Ministry of Energy and Green Transition Richmond Rockson on his Facebook page, the discussions are ongoing and form...
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Energy Minister Inaugurates Board of Prestea Sankofa Gold Limited
The Minister for Energy and Green Transition, John Abdulai Jinapor, has inaugurated the new Board of Prestea Sankofa Gold Limited (PSGL), a subsidiary of the Ghana National Petroleum Corporation (GNPC), on behalf of President John Dramani Mahama askedPSGL plays a strategic role in the mining value chain by recovering gold from old tailings and waste...