(Bloomberg) – Azule Energy, a joint venture between bp and Eni, is fast-tracking its Namibia oil operations as it competes with companies including TotalEnergies SE to be among the first to produce crude in one of the world’s newest hotspots. Azule last year negotiated a stake in Namibia’s block 2914A from operator Rhino Resources, and...
Category: Energy
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South African court reverses TotalEnergies’ approval for offshore block
(Bloomberg) — A South African court overturned a decision granting TotalEnergies SE environmental authorization for an oil exploration block offshore the country’s west coast.The Western Cape High Court ruled that the environmental impact assessment for Total’s Block 5/6/7 was “deeply flawed, failing to address key risks, legal requirements, and public participation,” Green Connection, one of...
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Star Oil Investigates Deadly Tanker Crash at Asukawkaw Market
Star Oil Ltd has begun an internal probe into a tragic accident involving one of its Bulk Road Vehicles (BRVs) that occurred on Thursday, August 14, 2025, near Asukawkaw in the Oti Region. The crash left four people dead and 14 others injured after the tanker reportedly veered out of control and ploughed into a...
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Petrol, LPG Prices to Rise Slightly from August 16; Diesel to Drop
Petrol and liquefied petroleum gas (LPG) prices are expected to edge higher from August 16, while diesel will see a slight decline, according to projections from the Chamber of Oil Marketing Companies (COMAC). Pump prices for petrol are forecast to rise between 0.39 and 2.71 per cent per litre, with LPG increasing by as much...
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Petrobras wins key regulatory approval to drill near Amazon
Brazil’s state-controlled oil company received permission from regulators to perform emergency response drills near the mouth of the River, a crucial step toward winning approval to explore in a region the company has been pushing to access for years. Petroleo Brasileiro SA is expected to start emergency drills in the Foz do Amazonas basin on...
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Ghana Joins Rosatom’s Arctic Expedition to the North Pole
On 13 August, Rosatom’s sixth international Arctic expedition, Icebreaker of Knowledge, set sail from Murmansk, Russia and this year, Ghana proudly has a seat on board. The voyage, organized by the Atomic Energy Information Centres network with support from Rosatom, celebrates two milestones: the 80th anniversary of Russia’s nuclear industry and the 500th anniversary of...
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African Development Bank and Invest in Africa Allocate $850,000 to Boost Inclusive Green Jobs in Ghana and Senegal
African Development Bank (AfDB) has signed an $850,000 grant agreement with Invest in Africa (IIA). This funding backs the MicroGREEN project aimed at creating up to 500 green job opportunities in agroforestry, fisheries, and biodiversity conservation across Ghana and Senegal. This grant specifically targets inclusive development, focusing on capacity development and value-chain enhancement to help...
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African Development Bank Commits $40 Million to Catalyze the Alliance for Green Infrastructure Project Development Fund Boosting Africa’s Energy Transition
The African Development Bank (AfDB) has taken a decisive step to accelerate the rollout of climate-aligned infrastructure in Africa by committing $40 million to the Alliance for Green Infrastructure in Africa Project Development Fund (AGIA-PD). This injection of capital is aimed at turning early-stage concepts into fully bankable green energy and climate-resilient projects across the...
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Africa’s Nuclear Capacity Could Expand Tenfold by 2050 – Report
Africa’s nuclear sector is poised for significant growth, with a new International Atomic Energy Agency report projecting generating capacity could increase tenfold by 2050. Bonface Orucho, bird story agency Despite having just one operational nuclear plant today, a new report projects that Africa’s generating capacity could increase tenfold by 2050. The report, ‘Outlook for Nuclear...
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PHDC Honours ‘Fallen Heroes’ of Helicopter Tragedy
It was a moment heavy with grief and gratitude as the Petroleum Hub Development Corporation (PHDC) gathered at the Jubilee House’s Ceremonial Garden on Wednesday, August 13, 2025, to remember eight public servants who perished in the recent helicopter crash. Acting CEO Dr. Toni Aubynn, alongside Deputy CEO of Finance and Administration Halimatu Sadia Abdulai...