The Central Bank of Nigeria has released a total sum of $1.259bn to oil sector players for the importation of petroleum products and other related items into the country, The PUNCH reports. The amount released between the first three months of 2025 is against the backdrop of the insistence of marketers to continue fuel import...
Category: Energy
Post
Post
Explorco Affirms September 2026 Drill Target for Voltaian Basin
Explorco, the exploration arm of the Ghana National Petroleum Corporation (GNPC), says it is firmly on track to commence drilling in the Voltaian Basin by September 2026, following steady progress on key project milestones and strong backing from local communities. Managing Director Samuel Opoku Arthur confirmed that critical preparatory work has been completed, with contract...
Post
CBOD CEO to Advocate Stronger Trade and Finance Systems at OTL 2025 Energy Week
The Chief Executive Officer of the Chamber of Bulk Oil Distributors (CBOD), Dr. Patrick Ofori, is set to deliver key insights on Africa’s downstream energy transformation at the upcoming OTL 2025 Africa Downstream Energy Week in Lagos, Nigeria. Dr. Ofori will speak during the International Energy Trading, Finance & Investment Forum, where he is expected...
Post
Dangote Refinery Expansion Set to Transform West Africa’s Fuel Market
Dangote Petroleum Refinery and Petrochemicals has announced a major expansion of its refining capacity from 650,000 barrels per day to 1.4 million barrels per day — a development expected to reshape Nigeria’s downstream petroleum landscape and regional supply dynamics. The announcement was made in Lagos on Sunday, October 26, 2025, during a world press conference...
Post
On the streets of Thailand, a quiet but powerful movement is bringing light, dignity, and renewal to people who often go unseen.
Mobile laundry vans equipped with solar-powered washing and drying machines travel through city neighborhoods, offering free laundry services to unhoused and low-income communities. Each compact vehicle can handle dozens of loads per day, running entirely on clean solar energy. Local organizations and volunteers work together to bring these vans to parks, underpasses, and shelters, offering...
Post
AASuP Opens 6th Africa Sustainability Report and SDGs Awards in Accra
The Association of African Sustainability Practitioners (AASuP) has opened the 6th Africa Sustainability Report and Think Energy SDGs Awards 2025, a two-day gathering focused on accelerating the continent’s progress toward the United Nations Sustainable Development Goals (SDGs). The event, which convened policymakers, academics, private-sector leaders and development partners on day one, spotlighted critical areas including...
Post
PTDF Co-Hosts 4th International Conference on Hydrocarbon Science & Technology in Abuja
The Petroleum Technology Development Fund (PTDF) has successfully co-hosted the 4th Biennial International Conference on Hydrocarbon Science & Technology (ICHST 2025) at the PTDF Towers in Abuja, bringing together key players across Africa’s energy sector to discuss the future of hydrocarbon development on the continent. Held under the theme “Transforming Africa’s Hydrocarbon Sector: Balancing Growth,...
Post
Guyana among few countries in the world where investments in O&G exploration remain robust
While global oil and gas exploration has slowed dramatically over the past decade, Guyana stands as one of the few nations bucking the trend. According to Palzor Shenga, Vice President – Upstream Research at Rystad Energy, the South American country remains a leading light in an industry that has seen annual discoveries fall sharply worldwide.“Annual...
Post
StarOil Leads Corporate Support for GBC with Full TV Licence Payments for Employees
StarOil has demonstrated strong corporate support for public service broadcasting by paying the TV licence fees of all its 2,700 employees to the Ghana Broadcasting Corporation (GBC).The company says the initiative reflects its commitment to strengthening GBC’s mandate to promote national unity, cultural values, and socio-economic development through radio and television services.StarOil has further pledged...
Post
GNPC Holds 2nd Annual General Meeting, Reaffirms Commitment to Sustainable Growth and Operatorship
The Ghana National Petroleum Corporation (GNPC) has held its 2nd Annual General Meeting (AGM) in Accra, bringing together key stakeholders to review the Corporation’s performance, reaffirm its strategic focus, and chart a path for future growth. The meeting, chaired by Prof. Joseph Oteng-Adjei, Board Chairman of GNPC, was attended by representatives from the Ministry of...