Aker BP has reported strong operational and financial performance in its latest quarterly results, underscoring stable production, disciplined cost management, and a breakthrough exploration success on the Norwegian Continental Shelf (NCS).Production averaged 414,000 boed, maintaining high uptime and efficiency across the company’s offshore portfolio. Supported by minimal unplanned downtime and robust field performance, Aker BP...
Category: Energy
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PIAC Faces Funding Crisis After Major Cut Under Amended Petroleum Revenue Law
Ghana’s petroleum oversight body, the Public Interest and Accountability Committee (PIAC), says it is unable to fully perform its mandate after receiving just GH¢4.6 million of a requested GH¢20.5 million budget for 2025 a funding shortfall that has halted key monitoring and public engagement activities across the country. According to PIAC, only one of its...
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$25B African megaproject begins — A cross-continental system to move a new form of energy.
A $25 billion African megaproject involving a cross-continental gas pipeline between Nigeria and Morocco has begun.This system can move energy over large distances and many nations. The world is watching intently as the potential is astronomical The project, backed by the ECOWAS regional bloc, the Nigerian National Petroleum Company, and Morocco’s ONHYM, aims to transport...
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Regulatory Weakness, Capped Stabilisation Fund Undermining Ghana’s Petroleum Revenue Management – PIAC
Chair of the Technical Sub-Committee of the Public Interest and Accountability Committee (PIAC), Richard Ellimah, has expressed deep concern over what he describes as regulatory and institutional weaknesses in Ghana’s petroleum revenue management framework. Speaking during the NorvanReports, Economic Governance Platform, and Ghana Anti-Corruption Coalition X Space discussion on the theme “Beyond Declining Barrels: Can...
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Energy Minister Reaffirms Government’s Commitment to Petroleum Hub Project
The Minister for Energy and Green Transition, Hon. John Abdulai Jinapor, has reaffirmed government’s strong commitment to the successful implementation of Ghana’s flagship Petroleum Hub project. The Minister gave the assurance during a working visit to the Petroleum Hub Development Corporation, where he engaged management and staff on progress made toward realizing the project’s investment...
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Energy, Transport Ministries Deepen Collaboration to Drive 24-Hour Economy
Deputy Minister for Transport and Member of Parliament for Jomoro, Hon. Dorcas Affo-Toffey, has underscored the importance of stronger collaboration between the energy and transport sectors to accelerate national development and support government’s 24-hour economy initiative. This follows a courtesy visit by the Minister for Energy and Green Transition, Hon. John Abdulai Jinapor, to her...
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9th Ghana Energy Awards: 10 Days to Close of Nominations, Over 300 Entries Received!
The countdown is on for the close of nominations in the 9th edition of the prestigious Ghana Energy Awards (GEA), with just ten days remaining before the window officially shuts on Friday, 31st October 2025. Nominations for this year’s event opened on Tuesday, 9th September 2025, inviting submissions from individuals, companies, and institutions across Ghana’s...
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Powering Industrial Ghana: Genser Energy Sets Benchmark for Indigenous Innovation
Ghanaian energy firm Genser Energy is emerging as a powerful example of how homegrown enterprise can drive industrial transformation across Africa. The company’s pioneering infrastructure projects and local expertise have positioned it as a key player in Ghana’s energy and industrial ecosystem. The recognition came as part of the CNBC Africa–Standard Bank Group Impact Series,...
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Energy Minister Opens IEA Africa Energy Efficiency Training in Accra
Ghana’s Minister for Energy and Green Transition, John Abdulai Jinapor, has underscored the country’s strong progress in energy efficiency initiatives, as he delivered the welcome and opening address at the International Energy Agency (IEA) Africa Energy Efficiency Policy Training Week, held in Accra. Mr. Jinapor warmly welcomed participants from across Africa and beyond, commending the...
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Petrol tops Nigeria’s imports with 613.6m litres in one year
Nigerians consumed a total of 613.62 million litres of Premium Motor Spirit, popularly known as petrol, for transportation, power generation, and other domestic uses between October 2024 and October 10, 2025, The PUNCH reports. This is according to fresh data obtained from the Nigerian Midstream and Downstream Petroleum Regulatory Authority obtained by our correspondent on...