The Governing Board of the Petroleum Hub Development Corporation (PHDC) has declared its overwhelming support for the management and expressed readiness to approve any activity or decision that will enable the team achieve its goal of commencing on-site activities this year.Speaking at the end of a three-day board retreat on Thursday, February 5, 2026, Board...
Category: Energy
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ACEP Roundtable Examines Chinese Lending and Implications for Ghana’s Debt Sustainability
ACEP convened a roundtable bringing together development partners, industry players from the banking sector, academia, and government institutions to examine Chinese lending strategy and their implications on Ghana’s debt sustainability. Through open, evidence-based dialogue, stakeholders shared perspectives on the impact of Chinese lending on debt sustainability as well as the role of African agency in...
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Edo, NNPC seal deal on 10,000bpd condensate refinery
Edo State Government and the Nigerian National Petroleum Company (NNPC) Limited have concluded plans to establish a 10,000 barrels-per-day condensate refinery in the State in a move expected to deepen industrial activity and strengthen energy supply in the South-South region.The refinery, to be located across Oredo and Orhionmwon Local Government areas, is projected for completion...
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Report of Energy Commission staff demanding termination of Ag. Executive Secretary appointment is false, baseless – PSWU of TUC
Source: Joy Business The leadership of the Energy Commission Division (PSWU) of the Trades Union Congress (TUC) has dismissed with grave concern a report circulating in the media alleging that the staff of the Energy Commission are demanding the termination of the appointment of the Acting Executive Secretary, Ing. Eunice Biritwum. In a statement signed...
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NPA Chief Executive Touts Authority’s Disciplined Regulatory Regime at 2026 Nigeria International Energy Summit
The Chief Executive of the National Petroleum Authority (NPA) Mr. Godwin Kudzo Tameklo Esq., has touted the Authority’s disciplined regulatory regime of the country’s downstream petroleum industry.He said the disciplined regulation, fair pricing and firm oversight by the NPA are shaping a market that works for investors, operators, and consumers alike. Mr. Tameklo was speaking...
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How Africa Loses Over $120bn a Year to Hydrocarbon Imports
Africa spends more than $120 billion annually on hydrocarbons, a scale of capital outflow that continues to deprive the continent of investment needed for industrial growth, Nigeria’s Minister of State for Petroleum Resources, Senator Heineken Lokpobiri, has said. Speaking in Abuja during the opening session of the ongoing Nigeria International Energy Summit, Lokpobiri said the...
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SPE International Board Engages JOGMEC, Reviews Strategy at Q1 2026 Meeting in Japan
The Society of Petroleum Engineers (SPE) International Board has paid a courtesy call on the Japan Organization for Metals and Energy Security (JOGMEC) during its first-quarter 2026 Board meeting held in Japan. During the visit, JOGMEC, a major institution in Japan’s energy sector, delivered a high-level briefing to the Board on its mandate, operations and...
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Energy Minister Holds Talks with AFD on Sector Transformation
The Minister of Energy and Green Transition, Dr. John Abdulai Jinapor, has held fruitful discussions with the Agence Française de Développement (AFD) on strengthening cooperation in Ghana’s energy sector. The engagement highlighted AFD’s long-standing role as a key development partner to Ghana, particularly in supporting the growth and modernization of the country’s energy sector. Dr....
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Energy Commission Advances Sustainable Cooling Agenda
The Energy Commission of Ghana, in collaboration with the Environmental Protection Authority (EPA), has held high-level discussions with the United Nations Development Programme (UNDP) on Ghana’s participation in the US$40 million Energy Efficiency Revolving Fund (EERF). The engagement focused on stakeholder coordination, financing models, and implementation strategies aimed at maximizing impact and delivering measurable energy...
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The World’s Largest Deposit”: The Discovery of Millions of Tons of New Oil in France
Among recent energy breakthroughs, France has made a remarkable entrance onto the global stage. In Lorraine, researchers have uncovered what is believed to be the world’s largest deposit of natural hydrogen, also known as white hydrogen. With an estimated 46 million tonnes lying beneath French soil, this unexpected revelation could reshape not only the future...