The LEAF Project has underscored the importance of Distributed Renewable Energy (DRE) technologies in transforming Ghana’s agricultural sector, particularly in energy-deprived but agriculturally active regions. Speaking at a stakeholder engagement session under the LEAF Project Assessment on August 7, 2025, Project Coordinator Francis Adarkwah said solar-powered irrigation is proving to be a game-changer in addressing...
Category: Energy
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Russian State Atomic Energy Corporation ROSATOM Delivers Main Power Equipment to Seversk
The rotor of the steam turbine and the stator of the generator set for the innovative BREST-OD-300 reactor power unit have been delivered to the construction site of the Generation IV Pilot Demonstration Energy Complex in the city of Seversk, Tomsk Region. The complex is being built at the Siberian Chemical Plant (part of the...
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Israel’s Leviathan signs $35 billion natural gas supply deal with Egypt
LONDON/JERUSALEM, Aug 7 (Reuters) – Israel’s Leviathan natural gas field has signed the largest export agreement in the country’s history, worth up to $35 billion to supply gas to Egypt, NewMed , one of the partners in the field, said on Thursday.The deal should ease an energy crisis in Egypt, which has spent billions of...
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xxon’s massive Baytown hydrogen facility faces an uncertain future
The future of Exxon Mobil’s proposed hydrogen project in Baytown is in limbo after the Trump administration unveiled a slew of changes to hydrogen tax credits under its “big, beautiful bill.”Exxon CEO Darren Woods said on an earnings call that the company has seen “mixed progress” in regards to the development of the project.Exxon CEO...
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Crude Oil and Refined Products Market Review and Outlook
Heightened geopolitical tensions and hikes in supply-risk premiums resulted in a temporary surge in crude oil prices in June by about 13%. This was largely due to the impact of the Israel–Iran conflict that resulted in the Parliament of Iran threatening the closure of the Strait of Hormuz, which accounts for about 20% of the...
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MISA Energy Ghana Emerges as Bold New Identity for Former Engen Ghana.
Formerly known as Engen Ghana, the company has officially unveiled its new identity as MISA Energy Ghana Limited, signalling a transformative shift toward becoming a truly African energy brand—rooted in Ghanaian leadership and driven by international best practices. Unveiling the rebrand at a ceremony in Accra, CEO Brent Nartey emphasized that the new name represents...
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Petroleum revenues slump 56% in first-half 2025, sharp decline reflects falling output, global price pressures
Petroleum revenues fell by more than half in the first six months of 2025, dropping 56 percent year-on-year to US$370.6million amid a double blow from declining crude oil output and weakening global prices, according to data from the Bank of Ghana (BoG). This development marks a steep reversal from the same period in 2024, when...
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Ambassador Tong: China Ready to Support Ghana’s 24-Hour Economy Through Solar Energy Collaboration
China has reaffirmed its commitment to supporting Africa’s green energy transition, with a strong focus on solar energy development. Speaking on the sidelines of the maiden Ghana-China Media Fellowship 2025 in Accra, the Chinese Ambassador to Ghana, H.E. Tong Defa, said China stands ready to partner with African countries as they work toward achieving their...
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China’s CC7 to build 3GW green ammonia plant for Hyphen in Namibia.
China National Chemical Engineering & Construction Corporation Seven (CC7) has been awarded the contract to design and build the world’s largest green ammonia plant in Namibia. The deal with Hyphen Hydrogen Energy includes Front-End Engineering Design (FEED) and Engineering, Procurement and Construction (EPC) contracts. The signing was witnessed by China Chemical Chairman Mo Dingge and...
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Importation of toxic fuel deals a major blow to Dangote’s fight for market share.
According to current statistics from the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), marketers have recommenced large-scale imports of refined petroleum products, bypassing domestic refining possibilities, most notably the $20 billion Dangote Petroleum Refinery in Lekki. Marketers in Nigeria have resumed large-scale imports of refined petroleum products due to domestic refining limitations, including underutilization...