The Country Manager for Ghana’s chapter of the Natural Resource Governance Institute (NRGI), Dennis Gyeyir, has cautioned that Africa’s energy transition agenda is under threat, with nearly half of the projected 2025 investment flows into the continent’s energy sector expected to be channelled into fossil fuels. Making a presentation at the 2025 Future of Energy...
Category: Energy
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Ghana Cuts $300m in IPP Debt After Tough Renegotiations
Ghana has secured a $300 million debt reduction after renegotiating payment terms with Independent Power Producers (IPPs), easing one of the biggest financial pressures on the country’s power sector. The deal trims outstanding obligations from $1.5 billion to $1.2 billion, according to Ben Boakye, Executive Director of the Africa Centre for Energy Policy (ACEP), who...
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PHDC Deepens Talks with Al Jedad Holdings on Petroleum Hub Project
The Petroleum Hub Development Corporation (PHDC) has advanced its engagement with Qatari investment firm Al Jedad Holdings and its Ghanaian partner, Fortune Investment, in a bid to fast-track participation in the multibillion-dollar Petroleum Hub project. The meeting, chaired by PHDC Deputy CEO of Finance and Administration, Halimatu Sadia Abdulai Abu, focused on strengthening earlier discussions...
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Dr. Wisdom Enang warns that recent Global oil price decline could undermine Nigeria’s fiscal plans
SAMPSON ENYONGEKERE, UYO A shrewd and globally revered energy expert, Engr. (Dr.) Wisdom Patrick Enang has identified industrialization as the most viable path to unlocking Nigeria’s economic potential. Dr. Enang proffered the opinion on Friday, August 15, while speaking with newsmen in Uyo, the Akwa Ibom State capital. While presenting his opening address, the erudite...
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Egypt petroleum ministry says work underway in three new wells in Zohr gas field
Aug 26 (Reuters) – Work is underway at three new wells in the Zohr gas field in the Mediterranean in the current financial year, Egypt’s petroleum ministry said on Tuesday.Another well, the Zohr-6 well, has added about 65 million cubic feet per day of gas to Egypt’s output, the ministry added.Italian energy group Eni (ENI.MI),...
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How Artificial Intelligence Is Both Driving and Derailing Decarbonization
Will Artificial Intelligence be the downfall of the clean energy transition, or the catalyst that makes it possible? The answer is complicated, and somehow contains a bit of both. Training the large language models that power AI is incredibly energy-intensive, and as models like ChatGPT and DeepSeek become increasingly complex, each individual query can rack...
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Energy Minister Engages Stakeholders on Draft NPA Bill
The Minister for Energy and Green Transition, John Jinapor, has led a stakeholder engagement session on the draft National Petroleum Authority (NPA) Bill, which seeks to repeal the National Petroleum Authority Act, 2005 (Act 691), as amended by Act 913 of 2016. The draft legislation is designed to reform Ghana’s downstream petroleum sector by strengthening...
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Ghana Energy Awards Sets New Date for Media Launch and Nominations Opening
The organizers of the Ghana Energy Awards (GEA) have confirmed Tuesday, 9th September 2025 as the new date for the Media Launch and official Opening of Nominations for the 9th edition of the prestigious awards scheme. This year’s launch will unveil the theme for the 2025 Awards, along with details of the award categories and...
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Ghana’s Kenneth Majdoub Joins Global Youth on “Icebreaker of Knowledge” Expedition to the North Pole
Murmansk, Russia Fourteen-year-old Kenneth Majdoub proudly represented Ghana on the sixth Icebreaker of Knowledge international scientific and educational expedition to the geographic North Pole. He was among 66 outstanding students from 21 countries who spent 10 days aboard the 50 Let Pobedy nuclear icebreaker, combining science, exploration, and cultural exchange. For Kenneth, the youngest Ghanaian...
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Ukraine drone hits Russian nuclear plant, sparks huge fire at Novatek’s Ust-Luga terminalBy Guy Faulconbridge and Lidia Kelly
A view shows the Kursk Nuclear Power Plant (KNPP) in the course of Russia-Ukraine conflict, as seen from the town of Kurchatov in the Kursk region, Russia, March 19, 2025. REUTERS/Shamil… Purchase Licensing Rights, opens new tab Read MOSCOW, Aug 24 (Reuters) – Ukraine launched a drone attack on Russia on Sunday, forcing a sharp...