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...
Category: Energy
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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...
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African Development Fund Approves $23 Million to Boost Clean Energy Access in Somalia
The Board of Directors of the African Development Fund has approved a grants package worth $23.36 million to bring clean and reliable electricity to the city of Bosaso, Somalia. The Rehabilitation and Expansion of Bosaso Power Grid and Strengthening of Energy Sector Institutions project, funded through the African Development Fund ($9.62 million) and the Transition...
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US, Russia Allegedly Discuss Nuclear Plant Crypto Mining
Russian media claimed on Friday that the Trump administration held talks with Russia over joint management of Ukraine’s Zaporizhzhia Nuclear Power Plant, including the potential to use its power for crypto mining, Russian newspaper Kommersant has revealed. The discussions, which have not been independently confirmed, were allegedly held without Ukraine’s participation, and likewise proposed resuming...
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Gov’t targets 99.9% electricity access by 2030 – Deputy Energy Minister
Government has reaffirmed its commitment to achieving near-universal access to electricity, pledging to raise the national access rate from the current 89.03 per cent to about 99.9 per cent by 2030. Deputy Minister for Energy and Green Transition, Richard Gyan Mensah, said the goal is central to accelerating socio-economic development, particularly in underserved communities. Government...
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Deputy Energy Minister Inspects 141MW AKSA Power Plant at Anwomaso in the Ashanti region.
The Deputy Minister of Energy and Green Transition, Richard Gyan-Mensah, on behalf of the Sector Minister, Dr. John Abdulai Jinapor, has led a working visit to the 141-megawatt AKSA Power Plant at Anwomaso to inspect ongoing commissioning works. The visit forms part of the government’s broader efforts, under the leadership of President John Dramani Mahama,...