Accra — August 1, 2025 GOIL PLC is charting a bold new course for Ghana’s energy future with a suite of transformative initiatives aimed at redefining fuel retailing and accelerating the country’s transition toward smart, clean energy. At a high-level stakeholder engagement in Accra the final leg of a nationwide tour with dealers from the...
Category: Energy
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BOST Advances Solar Energy Push to Power Fuel Depots Under National Green Transition Agenda
The Bulk Oil Storage and Transportation Company (BOST) has launched an ambitious solar energy initiative across its major fuel depots, reinforcing its commitment to Ghana’s national Energy Transition Framework. This strategic rollout forms part of BOST’s broader sustainability agenda aimed at cutting emissions, reducing fuel costs, and aligning with the country’s goal of achieving net-zero...
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Shell profit dips as energy prices fall 31st July 2025
British energy giant Shell on Thursday said its net profit slid 23 per cent in the first six months of the year, hit by lower oil and gas prices. Profit after tax dropped to $8.4 billion compared with $10.9 billion in the first half of 2024, Shell said in an earnings statement. Group revenue dropped...
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Energy Levies to Boost Power Stability but May Fuel Inflation and Transport – PwC
Professional services firm PwC has cautioned that while the recently revised Energy Sector Levies are poised to strengthen Ghana’s power supply and reduce sector debt, they also risk burdening consumers with higher fuel costs and rising inflation. In its analysis of the 2025 Mid-Year Budget Review, PwC highlighted the dual-edged impact of the Energy Sector...
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VRA’s Anwomaso Thermal Power Project Honoured as Project of the Year at 2025 NPMC Awards
The Volta River Authority’s (VRA) Anwomaso Thermal Power Project has clinched the prestigious Project of the Year award at the 2025 National Project Management Conference (NPMC) and Project Management Excellence Awards, cementing its reputation as a leader in infrastructure development and energy innovation. The award, presented at a ceremony held at Aqua Safari Resort in...
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Ghana to Host Africa Oil Week 2025: A Catalyst for Regional Energy Transformation
Ghana is set to host the prestigious Africa Oil Week (AOW): Investing in African Energy 2025 summit this September, an event expected to serve as a major turning point for the country’s energy ambitions and the wider West African region. The high-level gathering will position Ghana at the heart of continental energy dialogue, investment attraction,...
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Burkina Faso secures €6 million boost for Dédougou Solar Plant in push for energy independence
In a major step toward reducing energy poverty and enhancing sustainable development, the Sustainable Energy Fund for Africa (SEFA), under the African Development Bank (AfDB), has committed €6 million to finance the 18-megawatt Dédougou Solar Power Plant in western Burkina Faso. The investment is a strategic part of the Desert-to-Power initiative, a regional drive to...
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Nigeria, China in diplomatic talks over viral video alleging abuse of Nigerian miners in the Central African Republic (CAR)
A video that recently surfaced online, allegedly showing Nigerian miners stranded in the Central African Republic (CAR), has triggered a diplomatic response from both Nigeria and China. The footage, though not independently verified, has led to public concern and official investigations after individuals in the video claimed they had been trafficked and left behind by...
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Ghana Saves $1.4 Billion from Crude Oil Revenue Since 2010-Latest Report
Ghana has accumulated a total of $1.4 billion in savings since it began commercial crude oil exports, according to the latest Petroleum Investment Report. The amount comprises revenues from oil exports, taxes from petroleum firms operating in Ghana, and rental payments made to the state since the country commenced commercial production in 2010. Fund Performance...
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PHDC Hosts Strategic Talks with International Investor Consortium on Petroleum Hub Development
The Petroleum Hub Development Corporation (PHDC) on Monday, July 28, 2025, held high-level discussions with a consortium of five investment and engineering firms exploring potential collaboration on Ghana’s ambitious Petroleum Hub project. The consortium includes local partner IBS Dolphin Ltd, Egypt-based Gharably Integrated Engineering Co. (GIECO), Worldwide Container Services, an international marketing agency, and a...