Ghana Must Decide Whether It Backs Its Own”: INSTEPR’s Kwadwo Poku on the Kevin Okyere SagaGhana’s turbulent upstream oil debate took a sharp turn this morning after Kwadwo Poku, Executive Director of the Institute for Energy Policies and Research (INSTEPR), delivered one of the strongest public defences yet of embattled Springfield founder Kevin Okyere. In...
Category: Energy
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COP30 Drops Draft on Transition Away from Fossil Fuels
The COP30 climate summit is ditching an earlier draft of a roadmap to transition away from fossil fuels, according to the latest draft of negotiating texts at the global gathering in Belem, Brazil.Many countries at COP30 have mobilized and supported a so-called “roadmap” to transition away from fossil fuels. But the latest draft document of...
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PHDC Showcases Investment Prospects at UK-Ghana Chamber of Commerce Strategic ForumThe Petroleum Hub Development Corporation (PHDC) has outlined major investment
opportunities within Ghana’s ambitious Petroleum Hub project during a high-level engagement organised by the UK-Ghana Chamber of Commerce (UKGCC) in Accra.Addressing UKGCC executives and business leaders, Mr. George Asante, Business Development Manager at PHDC, delivered a comprehensive presentation on the project’s competitive incentive packages, regulatory advantages, and long-term economic potential. He emphasised that the Petroleum...
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NPA, 24-Hour Economy Secretariat Meet to Advance Night Economy Pilot in Osu
The National Petroleum Authority (NPA) has held a strategic meeting with key stakeholders and executives of the 24-Hour Economy Secretariat as preparations advance for the rollout of a Night Economy Pilot Project in the Osu enclave this December.The meeting, held on November 19, forms part of ongoing efforts to operationalise the government’s 24-Hour Economy Initiative...
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TCL, Ghana Air Conferences unveil new energy-efficient AC
TCL in partnership with Ghana Air Conferences has launched a new energy-efficient air conditioner. According to the company, the device is designed to ease pressure on household budgets while promoting cleaner, healthier, and more sustainable cooling solutions in Ghana. The collaboration between TCL and Ghana Air Conferences has produced an air conditioner that not only...
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GOIL Unveils Ultra-Modern Service Station in Prestea
GOIL PLC has expanded its nationwide footprint with the opening of a new, modern service station at Prestea Ankobra in the Western Region.The new station, now the third in the vibrant mining town, has been designed as a full-service convenience hub. It features a well-equipped lube bay, tyre centre, pharmacy, and restaurant, offering customers a...
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Nigeria’s EV push splits experts as Senate advances green mobility bill
Nigeria’s drive toward cleaner transportation has taken a major legislative step, but the country’s automotive and energy experts remain sharply divided over whether the nation is ready for a large-scale transition to electric vehicles (EVs).While the bill has been hailed in some quarters as a forward-looking industrial policy, a growing chorus of analysts warns that...
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Ben Boakye Warns Government as Technical Review Shows Afina Discovery Fails Key Tests
Ghana’s Ministry of Energy is presenting its planned intervention in Springfield Exploration & Production’s (SEP) West Cape Three Points Block 2 (WCTP2) as a bold, evidence-based move to unlock stranded value. But investigations show otherwise, with a confidential technical assessment by the Petroleum Commission suggesting that the country’s upstream regulator has information which exposes a...
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Energy Minister Inaugurates Nuclear Power Ghana Board, Charges Members to Accelerate Nuclear Agenda
The Minister for Energy and Green Transition, John Jinapor, on behalf of President John Dramani Mahama, has inaugurated the new Board of Nuclear Power Ghana (NPG), tasking members to fast-track the country’s long-held ambition of adding nuclear energy to its power mix.Speaking at the ceremony, the minister highlighted Ghana’s decades-long pursuit of nuclear power—an aspiration...
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Government’s Planned Reassignment of WCTP2 Block Poses Major Blow to Springfield
The government’s move to reassign the West Cape Three Points Block 2 (WCTP2) to what it describes as a “more financially robust operator” is sending strong signals across the petroleum sector, marking what some industry observers say is one of the toughest periods for Springfield Exploration and Production Limited (SEP). The latest development follows a...