The Minister for Energy and Green Transition, Hon. John Abdulai Jinapor (MP), has inaugurated a newly reconstituted board for the Energy Commission of Ghana on behalf of President John Dramani Mahama. Speaking at the ceremony, Hon. Jinapor highlighted the strategic role of the commission in shaping the country’s energy future. He noted that Ghana is...
Category: News
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Ghana Marks 15 Years of Oil Production as Questions Loom Over Revenue Use
Fifteen years after Ghana began producing crude oil in commercial quantities from the Jubilee Field, concerns are mounting over how the billions in oil revenue have been managed. With production projected to run dry within the next decade, PhD researcher Odelia Ntiamoah is tracking how the country has utilized and accounted for its share of...
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Volkswagen Delivers The 1.5 millionth All-Electric ID. Mode
lThe Volkswagen brand has reached a significant milestone in its transformation to electromobility. In the presence of the Minister President of Lower Saxony Olaf Lies, the 1.5 millionth vehicle worldwide from the all-electric ID. family was today handed over to a customer at the Volkswagen plant in Emden.The anniversary vehicle is a black ID.7 Tourer...
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GNPC, Petroleum Commission Deepen Collaboration with New Agreement
The Ghana National Petroleum Corporation (GNPC) and the Petroleum Commission (PC) have signed a Promotion, Marketing and Revenue Sharing Agreement covering all the data acquired under GNPC’s Reconnaissance License on the Voltaian Basin Project. The agreement, formalized at a brief meeting at GNPC’s Training Centre at Mankata Avenue, Accra, provides a framework for the joint...
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PIAC Raises Alarm Over Declining Oil Production in Ghana
Ghana’s upstream petroleum sector has recorded its lowest crude oil production levels in five years, according to the Public Interest and Accountability Committee (PIAC). The watchdog also warned that the industry is struggling to attract much-needed investment. Speaking at a media engagement in Tamale on petroleum revenue management, Mr. Richard Ellimah, Chairman of PIAC’s Technical...
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NOGASA denies receiving trucks from Dangote
The Natural Oil and Gas Suppliers Association of Nigeria (NOGASA) on Friday denied receiving tankers from the Dangote Refinery, insisting the information was false in its entirety. Asked to confirm the receipt of the trucks on phone, its National Public Relations Officer, Chief Chinedu Ukadike, told The Nation that the association is still opposed to...
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ASEC Urges Africa to Accelerate Gas and Renewable Projects Amid Shifting Global Energy Demand
The Africa Sustainable Energy Centre (ASEC) has projected fresh investment opportunities for African gas projects as global demand patterns evolve. The call comes as fourth-quarter LNG exports are expected to decline by nearly 50%, creating new urgency for Africa to strengthen its role in the international gas market. ASEC notes that Europe sees African gas...
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Russia appears to open door for potential Exxon return to Sakhalin-1 project.
Russia’s president Putin has signed a decree to allow foreign investors, including Exxon Mobil (NYSE:XOM), to regain shares in the Sakhalin-1 oil and gas project, Reuters reported Friday. The signing occurred on the same day that Putin met President Trump in Alaska to discuss a potential ceasefire in Ukraine, and possibly on opportunities for investment...
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Namibia urged to fast-track reforms to secure place as Africa’s next energy frontier
Namibia must accelerate legal and institutional reforms to turn its recent oil and gas discoveries into lasting economic benefits, SNC Managing Partner and President of the Association of International Energy Negotiators (AIEN), Shakwa Nyambe, told delegates at the third Namibia Oil and Gas Conference in Windhoek.Delivering a presentation titled Industry Leaders’ Insights under the theme...
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Republicans who backed Trump’s anti-environment bill have accepted over $105m from big oil
The Republican lawmakers who voted for Donald Trump’s anti-environment tax and spending bill have accepted more than $105m in political donations from the fossil fuel industry, a new analysis has found, raising concerns about their relationship with big oil.Signed into law last month, the One Big Beautiful Bill Act includes billions of dollars in giveaways...