In a significant step to bolster technical excellence and regional synergy across the African petroleum value chain, the Ghana National Petroleum Corporation (GNPC) has formalised a strategic partnership with Algeria’s national oil company, SONATRACH. This landmark Memorandum of Understanding (MoU), signed on Tuesday, January 6, 2026, in Brazzaville, Republic of Congo, was established under the...
Category: Energy
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Decommissioning licence to 2055 issued for Leningrad 1
Russia’s nuclear regulator Rostekhnadzor has issued a licence valid to 2055 for the decommissioning of Leningrad Nuclear Power Plant’s first unit, which aims to set a template for such work on an RBMK-1000 reactor. Rosatom says that the 30-year decommissioning work will “serve as a benchmark for all subsequent pressure-tube reactor dismantling projects worldwide”. The...
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Petroleum Hub Is Ghana’s Most Reliable Path to Economic Transformation – Dr Aubynn
The Chief Executive Officer of the Petroleum Hub Development Corporation (PHDC), Dr Toni Aubynn, has presented the Petroleum Hub project as the country’s most reliable and transformative pathway to building a resilient economy capable of withstanding global shocks. Speaking at the 77th Annual New Year School and Conference of the University of Ghana on Tuesday,...
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NPA envisions innovative and sustainable downstream petroleum sector
– Edudzi Tamekloe The Chief Executive Officer of the National Petroleum Authority (NPA), Godwin Edudzi Tamekloe, has said the Authority envisions an innovative, sustainable, and efficient downstream petroleum sector.According to him, this forms part of NPA’s contribution to sustainable development in the country.He said, “On our part, at the National Petroleum Authority, we envision a...
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Venezuelan Crude Reallocation Faces Complex Sanctions Risks, Not Simple Market Shift – Energy Chamber Ghana
The global crude oil market is expected to undergo a more nuanced adjustment to Venezuelan oil supply in early 2026 than is commonly assumed, according to the Executive Chairman of the Energy Chamber Ghana, Joshua Batsa Narh.Mr. Narh, who is also a Director at the Wingfield Group, said assumptions Venezuelan Crude Reallocation Faces 6Complex Sanctions...
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ZEN Petroleum appoints Frank Adu as Board Chairman
ZEN Petroleum Limited has announced the appointment of seasoned corporate leader Frank Adu as its new Board Chairman, effective January 1, 2026.The appointment was disclosed in a press release issued on Monday, January 5, 2026.Mr. Adu succeeds Tutu Agyare, who steps down after nine years of service as Board Chairman.Mr. Adu brings decades of executive...
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NPA PROMOTES ENERGY SAFETY AND SUSTAINABILITY AT NKƆKƆ NKITITI FESTIVAL
The National Petroleum Authority (NPA) has reaffirmed its commitment to energy safety, environmental stewardship, and sustainable national development at the Nkɔkɔ Nkititi Chicken Festival, where it participated as the official energy and fuel safety partner. The two-day event, held under the auspices of the Office of the President and the Minister of State for Special...
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COMAC Projects Further Fuel Price Cuts as Cedi Strengthens and Global Oil Prices Fall
The Chamber of Oil Marketing Companies (COMAC) has forecast a further decline in fuel prices at the pumps in its January market outlook for the start of 2026. According to the report, ex-pump prices of petrol, diesel and liquefied petroleum gas (LPG) are expected to fall consecutively by between 2.40% and 4.80%, 2.42% and 3.77%,...
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Legal Green Association commends government and Edmond Kombat for TOR revival
Legal Green Association commends government and Edmond Kombat for TOR revival.In a press release signed by Festus Matey, Leader of the Legal Green Association, and Evans Mawunyo Tsikata, Head of Politics and Elections issued on Monday, December 29, 2025, the association said the revival of TOR after years of inactivity reflects decisive leadership and a...
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National Energy Champions Confirm Participation at Libya Energy & Economic Summit 2026
State-backed energy champions TPAO, MOL Plc. and ORLEN Group will speak at LEES 2026 as Libya accelerates upstream investment and licensing TRIPOLI, Libya, December 29, 2025/ — Senior executives from state-backed and nationally anchored energy companies will participate at the Libya Energy & Economic Summit (LEES) 2026, highlighting the growing role of national energy champions...