Ghana’s Ministry of Energy has greenlit a $3.4 billion renewable energy initiative designed to accelerate the country’s shift toward clean power, with priority given to schools, hospitals, and universities. Announcing the plan during a stakeholder engagement on Distributed Renewable Energy (DRE) solutions under the LEAF Assessment Project on August 7, 2025, Seth Mahu, from the...
Category: News
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Helicopter crash: Tribute from Independent Power Generators, Ghana
The Independent Power Generators, Ghana (IPGG) has extended its deepest condolences to the families, colleagues, and the people of Ghana on the tragic loss of eight devoted public servants and gallant officers in yesterday’s tragic helicopter crash. We pay solemn tribute to: and Sergeant Ernest Addo. These distinguished compatriots served our nation with honour, courage,...
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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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Electricity is Getting Cheaper Across Africa
Electricity is becoming more affordable in Africa as renewable energy scales up. From mini-grids to solar home systems, falling generation costs are translating into lower tariffs, especially in off-grid and rural areas. Bonface Orucho, bird story agency More Africans are spending less on accessing electricity than before, largely thanks to the accelerating shift toward renewable...
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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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GRTCC Halts 20% Transport Fare Increase After Talks with Transport Ministry.
The Ghana Road Transport Coordinating Council (GRTCC) has suspended its planned 20% increase in public transport fares, following a crucial meeting with the Ministry of Transport on Wednesday, August 6, 2025. The move follows mounting public backlash and criticism over the lack of extensive stakeholder consultations prior to the announcement of the fare adjustment. Earlier,...
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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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Tullow Oil Posts $61 Million Loss for H1 2025 on Lower Oil Prices, Reduced Output
Tullow Oil Plc has reported a loss after tax of $61 million for the first half of 2025, reversing a profit of $196 million recorded in the same period last year, amid declining revenues and lower realised oil prices. Revenue for the period declined sharply to $524 million from $759 million in H1 2024, driven...
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Logistical and Infrastructural Constraints in the Ghana’s Petroleum Downstream
Among the many factors that impact the operations and efficiency of Petroleum Service Providers (PSPs) in the Downstream Petroleum Sector of Ghana is inadequate infrastructure. Infrastructure is the backbone of the petroleum sector, especially given the sensitive nature of petroleum products. Although emphasis has always been given to the impact of international price volatilities of...
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ExxonMobil eyes more merger and acquisition opportunities across all sectors
ExxonMobil is actively pursuing more mergers and acquisitions (M&A) across its business segments, with a sharp focus on value creation rather than volume. “We’re continuing to keep a really close eye on the waterfront, see where the opportunities are, do a good job of understanding what that unique value creation opportunity looks like and then...