The Petroleum Hub Development Corporation (PHDC) has successfully concluded a rigorous three-week training programme aimed at strengthening the project management capabilities of its Operations and Technical Department staff. The capacity-building initiative covered a comprehensive range of methodologies and practical modules designed to enhance project execution efficiency. It was facilitated by acclaimed project management consultant Mohammed...
Category: News
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BoG Confirms GHS¢2.14bn Loss from Discontinued Gold for Oil Programme
The Bank of Ghana (BoG) has revealed it incurred a total loss of GHS¢2.14 billion under the now-defunct Gold for Oil (G4O) programme, which aimed to stabilise domestic fuel prices and reduce pressure on foreign exchange reserves. This disclosure was contained in an official response to a Right to Information (RTI) request submitted by energy...
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Oil giant BP backs out of Australia Renewable Energy Hub in WA’s Pilbara
Global oil giant BP has backed out of its majority share in a $55 billion green energy hub in Western Australia’s Pilbara region, dealing Australia’s clean energy transition another major blow. The Australia Renewable Energy Hub (AREH), 1,860 kilometres north-east of Perth, is tipped to deliver 26 gigawatts of solar and wind power by 2029,...
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NEDCo Recoups GH₵14 Million in Sunyani Revenue Recovery Drive
The Northern Electricity Distribution Company (NEDCo) has retrieved GH₵14 million from defaulting customers in the Sunyani Area during a two-week revenue mobilisation and loss control operation. Eugene Odoi Addo, NEDCo’s Sunyani Area Manager, confirmed the development on Saturday, July 27, stating that the exercise was launched to recover a targeted GH₵20 million in unpaid electricity...
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Liberia: Police Accused of “Ruthless” Treatment of Hijab-Wearing Woman Resisting Arrest Over Power Theft Allegation—Public Divided
Monrovia – In the space of just 24 hours, the Liberia National Police (LNP) swung from pledging a full investigation into the alleged forceful removal of a Muslim woman’s hijab to declaring that no investigation was necessary because “the video is clear.” The incident, captured in a viral video and involving a visibly distressed woman...
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ENI Reaffirms Commitment to Ghana Amid Strong Government Backing for Energy Sector Growth
Global energy major ENI has reaffirmed its commitment to expanding operations in Ghana, commending the government for creating a stable, transparent, and investor-friendly environment that continues to attract global capital into the energy space. The show of confidence came during a high-level engagement in Accra with Ghana’s Minister for Energy and Green Transition, Hon. John...
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Rockway Oilfields Services Earns Triple ISO Certification, Underscoring Commitment to Quality, Safety, and Sustainability
Rockway Oilfields Services Ghana Limited, a wholly indigenous Ghanaian company, has achieved a major milestone with the official award of three internationally recognized ISO certifications — ISO 9001:2015 (Quality Management), ISO 45001:2018 (Occupational Health & Safety), and ISO 14001:2015 (Environmental Management). The certifications were issued by the UK-based Accreditation Service for Certifying Bodies (ASCB) Worldwide,...
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BP exits giant Australian green hydrogen and renewables hubBP has exited the gigantic
BP exits giant Australian green hydrogen and renewables hubBP has exited the gigantic Australian Renewable Energy Hub, which would feature up to 26GW of upstream wind and solar, much of which would have been used produce hydrogen and ammonia. The oil company had first bought a 40.5% operating stake in the project back in 2022,...
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Global Shift Toward Small Modular Reactors Accelerates, with Key Lessons for Africa’s Energy Future
A new report from the OECD Nuclear Energy Agency (NEA) reveals rapid global momentum behind Small Modular Reactors (SMRs) a technology increasingly being recognised as a strategic tool for clean, reliable, and decentralized energy production. The latest edition of the NEA’s SMR Dashboard identifies 127 unique SMR designs worldwide, up from 98 in the previous...
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Energy Mismanagement: CEMSE Calls for Prosecutions and Reforms
A scathing report by Ghana’s Auditor-General has uncovered deep-rooted financial mismanagement, procurement violations, and operational lapses in the country’s energy sector, with the Electricity Company of Ghana (ECG) implicated in the misapplication of an estimated GH¢18.4 billion. The audit, which reviewed accounts up to December 31, 2024, exposes chronic inefficiencies and governance breakdowns that pose...