The Centre for Environmental Management and Sustainable Energy (CEMSE) is calling on the State Interests and Governance Authority (SIGA) and the Ministry of Finance to publicly disclose the annual performance contracts of state-owned energy companies, arguing that access to agreed targets is essential for meaningful public accountability. CEMSE Executive Director Benjamin Nsiah said publishing the...
Category: Energy
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Total Energies Targets Namibia Oil FID as Venus and Mopane Fields Advance
Namibia’s offshore oil sector increased sharply this year. TotalEnergies became operator of PEL 83, which contains the Mopane discovery, on September 4 following a transaction with Galp signed in December 2025 and approved by Namibia’s mines ministry in July. The post-transaction ownership of PEL 83 is 40% TotalEnergies, 40% Galp, 10% Namcor and 10% Custos,...
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Solar power purchase contracts dominate first half of 2026
While the year began with several notable nuclear agreements, solar power remained the clean energy source of choice in the US during the first half of 2026. In the first half of 2026, offtakers signed 96 deals totaling 28.1 gigawatts of clean power contracts, compared with about 22.4 GW in the first half of 2025,...
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OPEC+ keeps oil output policy unchanged for October
OPEC+ kept its oil output policy unchanged for October at a meeting on Sunday, it said in a statement, as the producer group needs to agree new quotas before deciding its next output steps. The meeting of seven core OPEC+ members — Saudi Arabia, Russia, Iraq, Kuwait, Algeria, Kazakhstan and Oman comes as the Iran...
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Ghana’s Gas Shift Could Cut Power Costs by $500m
Ghana’s dependence on liquid fuels for thermal electricity generation could be costing the economy hundreds of millions of dollars that could potentially be avoided through greater use of natural gas, according to Technical Advisor to the Minister of Energy and Green Transition on Petroleum, Ing. Dr Sulemana Yussif. Dr Sulemana estimates that moving generation from...
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Ghana Holds Market Advantage Over Neighboring Countries – Dr. Aubynn
The Petroleum Hub Development Corporation has once again intensified its drive to attract strategic investment into Ghana’s petroleum sector following a compelling investment pitch delivered by the CEO of the Petroleum Hub Development Corporation, Dr Toni Aubynn, at the AOW: Energy Agenda 2026, which took place at Kempinski, Accra, Ghana. Speaking at the program, Dr...
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BOST energies posts 195% revenue growth, profit rises to GH¢684m
BOSTenergies Limited has recorded a significant improvement in its financial performance, with revenue surging by 195% to GH¢3.81 billion in 2025. The company’s profit after tax also increased by 72% to GH¢684 million, reflecting what the Minister for Energy and Green Transition, Dr John Abdulai Jinapor, described as a strong performance. Dr Jinapor made the...
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Ghana Seeks New Wave of Upstream Investment Through Reforms, Competitive Terms
Ghana is seeking to unlock a new wave of investment in its upstream petroleum sector by improving regulatory efficiency, strengthening investor certainty and creating more competitive commercial and fiscal conditions. The issue took centre stage during Ghana Day on the second day of Africa Oil Week 2026, where industry stakeholders examined measures needed to convert...
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$3.5bn Investment Drive Set to Lift Ghana’s Oil Production – Energy Ministry Advisor
Ghana is expecting a rebound in crude oil production by the end of 2026, with about US$3.5 billion in fresh investment commitments being channelled into some of the country’s major producing fields. Technical Advisor to the Ministry of Energy and Green Transition, Dr Yussif Sulemana, says increased drilling and renewed investment by operators are already...
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Nigeria’s Energy Transition is not about Oil and Renewables: It’s about Money
Nigeria may be asking the wrong question about its energy future. For years, the national conversation has been framed as a choice between oil and gas on one side and renewable energy on the other. One camp argues that Nigeria must continue exploiting its hydrocarbons. Another insists that the country must movetowards renewables. Both arguments...