(Bloomberg) – PRIO SA, Brava Energia and BW Energy Ltd are considering buying Petroliam Nasional Berhad’s stake in the Brazilian oil field Tartaruga Verde to expand in Latin America’s largest producing country, according to people familiar with the matter.The three companies are among those that have signed non-disclosure agreements as they weigh a possible bid,...
Category: Energy
Post
Post
APN sues organizers of upcoming Africa Oil Week to recover service fee of $300,000.00
Africa Prosperity Network (APN), organizers of the Africa Prosperity Dialogues (APD), have filed a lawsuit against Sankofa Advisory Group, owners and organizers of the Africa Oil Week (AOW) for the recovery of three hundred thousand United States Dollars ($300,000.00) covering the cost of services APN provided to AOW in 2024. Among claims filed in a...
Post
TOR Managing Director Named LEAD Fellow
The Managing Director of Tema Oil Refinery (TOR) Ltd., Mr. Edmond Kombat Esq., has been competitively selected as one of the 2025 LEAD Fellows—an esteemed initiative of the Africa CEO Forum dedicated to harnessing leadership experience and shaping Africa’s next generation of transformative public leaders. Also joining this year’s cohort are Mr. Sharif Mahmud Khalid,...
Post
Ghana’s Petroleum Hub Project Gains Momentum with New Singapore-Ghana PartnershipSingapore
Petroleum Hub Development Corporation (PHDC) has announced the signing of a strategic Memorandum of Understanding (MoU) between Surbana Jurong Infrastructure Pte Ltd (SJ) of Singapore and Mannschaft Engineering & Infrastructure Systems Ltd of Ghana. The signing ceremony was held at the Surbana Jurong Campus in Singapore.The agreement sets the stage for collaboration on the development...
Post
World Nuclear Association Welcomes Microsoft Corporation as Newest MemberTech Company’s Membership Signals Nuclear Power’s Central Role in Powering the AI Revolution
Issued 3 September 2025 LONDON, UK The World Nuclear Association has proudly announced that Microsoft Corporation, one of the world’s leading technology companies, has officially joined as its newest member. This landmark membership underscores the growing recognition of nuclear energy as an essential foundation for powering the digital economy and achieving ambitious climate goals. A...
Post
Ghana Becomes Dangote Refinery’s Latest Crude Source as Refinery Hits 70% Capacity
Nigeria’s Dangote Refinery has for the first time sourced crude oil from Ghana, in a move that reflects its diversification strategy as the $20 billion project works to stabilize output and silence speculation over technical setbacks. Since the refinery began production, the company has sourced crude not only from Nigeria but also fromBrazil, Angola, Ghana,...
Post
Deputy Energy Minister Launches Committee to Oversee Cenit Power Plant Upgrade
Ghana’s push to enhance efficiency and cut costs in power generation has taken another step forward with the inauguration of a Joint Technical Committee to oversee the conversion of the Cenit Power Plant at Tema from a single cycle to a combined cycle configuration. Deputy Minister for Energy and Green Transition, Richard Gyan-Mensah (MP), inaugurated...
Post
Nigeria signs deepwater oil contract with TotalEnergies
Nigeria has signed a production-sharing contract (PSC) with TotalEnergies (TTEF.PA), opens new tab and local firm South Atlantic Petroleum for two offshore blocks, in a step to boost exploration and attract investment under its new oil framework.Nigeria, Africa’s largest oil producer, is seeking to revitalize its upstream sector amid global energy transition pressures and declining...
Post
Star Oil Maintains Fuel Prices for First Pricing Window of September
Accra, Ghana – September 1, 2025Star Oil, a leading player in Ghana’s downstream oil sector, has maintained the prices of its petroleum products for the first pricing window of September 2025.The decision comes amidst a cautiously balanced market outlook, as noted in the September report by the Chamber of Oil Marketing Companies (COMAC). The report...
Post
Global nuclear industry gathers in London this weekGoal to triple nuclear capacity by 2050 is achievable
In 2024, nuclear reactors supplied more electricity than ever before. World Nuclear Performance Report 2025 charts this record milestone and demonstrates nuclear’s endurance as part of a clean and resilient global energy mix.The global reactor fleet ran at an average capacity factor* of 83% in 2024, higher than any other source of electricity. This measure...