The Public Interest and Accountability Committee (PIAC) has expressed concern over the government’s continued breach of the legal capping formula for the Ghana Stabilisation Fund (GSF), warning that the move undermines Ghana’s ability to withstand future fiscal shocks. According to PIAC’s 2025 Half year report, the government maintained a US$100 million cap on the Fund...
Author: Energy Crossroad (Energy Crossroad)
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Ukraine and Russia’s intensifying energy war brings gas shortages and economic pain
Almost 900 miles from Ukraine’s borders, a fire erupted at a Russian oil refinery on Saturday. The blaze – a result of a strike by Ukrainian long-range drones, according to sources in the country’s security services – was the third at the facility in the last month alone. It was just the latest episode in...
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Wingfield Group CEO Named Among Africa’s 100 Most Impactful Energy Leaders
The Chief Executive Officer of Wingfield Group Joshua Narh has been named among the 100 Most Impactful People in Africa’s Energy Sector (2025 Edition) by the Africa Energy Awards, recognizing his outstanding contribution to advancing sustainable and transformative energy development across the continent. In a statement following the announcement, the Wingfield Group CEO Joshua Narh...
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StarOil Commissions First-Ever AI Smart Lab in Bleamezado
StarOil Ghana has commissioned an ultra-modern Artificial Intelligence (AI) Smart Lab at Kaledzi Memorial Basic School in Bleamezado, Volta Region, as part of its corporate social responsibility and ongoing commitment to promoting education through technology. The initiative, undertaken in partnership with the Coral Reef Innovation Hub, was officially launched on Monday, October 6, 2025, and...
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Energy Ministry Engages Petroleum Tanker Drivers Union to Strengthen Sector Efficiency
The Minister for Energy has held a productive meeting with the leadership of the Ghana National Petroleum Tanker Drivers Union (GNPTDU) as part of ongoing stakeholder engagements aimed at strengthening Ghana’s energy sector. The discussions centred on key issues affecting tanker drivers across the country, including welfare concerns, the establishment of a fair and structured...
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NPA Hosts Sierra Leone Petroleum Regulators on Study Visit
The Chief Executive Officer of the National Petroleum Authority (NPA), Mr. Godwin Kudzo Tameklo (Esq.), has received a delegation from the Sierra Leone National Petroleum Regulatory Authority (NPRA) on a study visit to Ghana. The visit forms part of efforts by the NPRA to learn from Ghana’s experience in managing its petroleum downstream sector. The...
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Russia’s Rosatom Readies to Offer Africa Floating Nuclear Technology
Russia’s State Atomic Energy Corporation, Rosatom, showcased its latest floating nuclear technologies at African Energy Week 2025 (AEW 2025) in South Africa, engaging African energy experts, entrepreneurs, and policymakers on the adoption of floating nuclear plants. The corporation underscored its long-term commitment to delivering sustainable, reliable, and cost-effective energy solutions across the African continent. A...
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Paks II equipment supply approved, Rosatom says
Rosatom has said that an audit by Paks II and the Hungarian Atomic Energy Authority has certified that its machine-building division meets the requirements for the supply of nuclear steam generator equipment for the Paks II project.Rosatom said that the issued document following the “routine supervisory audit” means “the company can supply nuclear power plant...
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Energy Minister to commission rural electrification projects on October 11
The Ministry of Energy and Green Transition has announced the completion of major rural electrification projects in 13 communities within the Central Gonja District of the Savannah Region, as part of efforts to expand access to reliable electricity across the country. John Abdulai Jinapor, Minister for Energy and Green Transition, is scheduled to officially commission...
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Upstream Petroleum Expenditure Falls to $643m in H1 2025 – PIAC Report
Total upstream petroleum expenditure across Ghana’s three producing fields — Jubilee, TEN, and Sankofa-Gye Nyame (SGN) — amounted to US$643.09 million in the first half of 2025, representing a 3.84 percent decline from the US$668.79 million recorded in the same period in 2024. This was contained in the Public Interest and Accountability Committee’s (PIAC) 2025...