Cape Town, South Africa — Officials from the Organization of the Petroleum Exporting Countries (OPEC) have underscored Africa’s growing role in global energy markets, warning that trillions of dollars in investment will be required to balance development with sustainability. Speaking at African Energy Week 2025: Invest in African Energies in Cape Town on Monday, OPEC...
Category: Energy
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MINISTRY OF ENERGY CONFIRMS GHANA RUSSIA NUCLEAR POWER DEAL TO BOOST ENERGY SUPPLY
The Deputy Director in charge of Alternative and Nuclear Energy at the Ministry of Energy and Green Transition Dr. Robert Mawuko Sogbadji, has confirmed that Russia is talking to Ghana about the possible deployment of three floating power units of 100MW each to help enhance the country’s power supply base that could be made available...
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Russia, Ghana Explore Floating Nuclear Power Deal to Boost Reliable Electricity Supply
Ghana could soon become the first African country to benefit from Russia’s cutting-edge Floating Nuclear Power Unit (FPU) technology, following ongoing talks between the Russian State Atomic Energy Corporation (Rosatom) and Ghanaian authorities. Rosatom is considering the deployment of two or three FPUs in Ghana, offering the country a flexible, clean, and reliable source of...
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NPA Ramps Up Crackdown on Illegal Fuel Trading Nationwide
The National Petroleum Authority (NPA) has intensified its nationwide campaign against illegal fuel trading, issuing a strong warning to individuals and businesses engaged in such activities to cease immediately or face legal consequences. The Authority stressed that full compliance with regulatory standards is mandatory for all operators in the downstream petroleum sector to ensure fairness,...
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Nigerian Crude Oil Hits $70/barrel Amid Global Tensions
Nigerian crude settled at about $70 per barrel, up from $68 earlier in the week. This is because U.S. crude inventories have recently decreased. Brent crude, which was trading at $69.3 per barrel on September 26, represents a slight monthly increase of 3 per cent. Nigerian blends usually trade at a slight premium to Brent...
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Energy minister cuts sod for 1MW solar plant at Dawhenya
John Abdulai Jinapor, Minister of Energy and Green Transition, has cut the sod for the construction of a 1MW solar power plant at the Dawhenya Irrigation Scheme in the Greater Accra Region to boost agricultural production. The project forms part of the Korean Government–funded Water-Energy-Food Nexus Project (WEFP), being implemented by the Ministry of Energy...
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RUSSIA AND ETHIOPIA SIGN ACTION PLAN ON NUCLEAR POWER PROJECT
Russia and Ethiopia on Thursday signed a document which calls for the planning and construction of a nuclear power plant in the east African country. An action plan on development and construction of the facility was signed during a nuclear power forum by the Director General of Rosatom, Aleksei Likhachev, and Ashebir Balcha, CEO of...
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WORLD ATOMIC WEEK: PRESIDENT PUTIN TOUTS RUSSIAN SUPREMACY ON NUCLEAR POWER PLANT DESIGNS
Russian President Vladimir Putin has addressed a forum at the Atom Museum at VDNH as part of the World Atomic Week, being marked in Moscow. The meeting was also attended by Belarusian President Alexander Lukashenko, Myanmar’s Acting President Min Aung Hlaing, Armenian Prime Minister Nikol Pashinyan, Ethiopian Prime Minister Abiy Ahmed, Iranian Vice President Mohammad...
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WORLD ATOMIC WEEK OFFICIALLY OPENS IN MOSCOW, RUSSIA
The Director General of Russia’s state atomic energy corporation ROSATOM Alexey Likhachev, has emphasized Russia’s commitment for the development of partnership relations within the BRICS communities and an extensive youth program as key strategies to promote nuclear energy globally. Russia’s state atomic energy corporation, Rosatom, is spearheading efforts for the adoption of nuclear power as...
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China, for First Time, Vows to Reduce Greenhouse Gas Emissions
President Xi Jinping told a U.N. climate conference that his country would seek to reduce emissions by at least 7 to 10 percent by 2035. Ukraine’s president appealed for more weapons to fight Russia and warned of the dangers of a new arms race.China, the world’s largest carbon polluter, announced at the United Nations on...