The Centre for Environmental Management and Sustainable Energy (CEMSE) is calling on the State Interests and Governance Authority (SIGA) and the Ministry of Finance to publicly disclose the annual performance contracts of state-owned energy companies, arguing that access to agreed targets is essential for meaningful public accountability. CEMSE Executive Director Benjamin Nsiah said publishing the...
Category: News
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Total Energies Targets Namibia Oil FID as Venus and Mopane Fields Advance
Namibia’s offshore oil sector increased sharply this year. TotalEnergies became operator of PEL 83, which contains the Mopane discovery, on September 4 following a transaction with Galp signed in December 2025 and approved by Namibia’s mines ministry in July. The post-transaction ownership of PEL 83 is 40% TotalEnergies, 40% Galp, 10% Namcor and 10% Custos,...
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Solar power purchase contracts dominate first half of 2026
While the year began with several notable nuclear agreements, solar power remained the clean energy source of choice in the US during the first half of 2026. In the first half of 2026, offtakers signed 96 deals totaling 28.1 gigawatts of clean power contracts, compared with about 22.4 GW in the first half of 2025,...
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OPEC+ keeps oil output policy unchanged for October
OPEC+ kept its oil output policy unchanged for October at a meeting on Sunday, it said in a statement, as the producer group needs to agree new quotas before deciding its next output steps. The meeting of seven core OPEC+ members — Saudi Arabia, Russia, Iraq, Kuwait, Algeria, Kazakhstan and Oman comes as the Iran...
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Ghana could save $500m a year by switching from liquid fuels to gas – Energy Advisor
Ghana could save close to US$500 million annually by switching from liquid fuels to natural gas for power generation, Technical Advisor to the Minister of Energy and Green Transition on Petroleum, Ing. Dr Sulemana Yussif, has said.He said expanding the country’s gas-processing capacity would be critical to achieving the savings as Ghana seeks to reduce...
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Ghana’s Gas Shift Could Cut Power Costs by $500m
Ghana’s dependence on liquid fuels for thermal electricity generation could be costing the economy hundreds of millions of dollars that could potentially be avoided through greater use of natural gas, according to Technical Advisor to the Minister of Energy and Green Transition on Petroleum, Ing. Dr Sulemana Yussif. Dr Sulemana estimates that moving generation from...
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Ghana Gas Unveils Next-Phase Midstream Investment Projects
Ghana Gas has used the second day of Africa Oil Week 2026 to set out a new investment proposition for the country’s midstream gas sector, with infrastructure expansion, supply security and deeper value-chain development emerging as key priorities. The company’s Deputy Chief Executive Officer, Technical, Ing. Dr. Robert Kofi Lartey, presented Ghana Gas’ infrastructure plans...
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Ghana Holds Market Advantage Over Neighboring Countries – Dr. Aubynn
The Petroleum Hub Development Corporation has once again intensified its drive to attract strategic investment into Ghana’s petroleum sector following a compelling investment pitch delivered by the CEO of the Petroleum Hub Development Corporation, Dr Toni Aubynn, at the AOW: Energy Agenda 2026, which took place at Kempinski, Accra, Ghana. Speaking at the program, Dr...
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BOST energies posts 195% revenue growth, profit rises to GH¢684m
BOSTenergies Limited has recorded a significant improvement in its financial performance, with revenue surging by 195% to GH¢3.81 billion in 2025. The company’s profit after tax also increased by 72% to GH¢684 million, reflecting what the Minister for Energy and Green Transition, Dr John Abdulai Jinapor, described as a strong performance. Dr Jinapor made the...
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Ghana Seeks New Wave of Upstream Investment Through Reforms, Competitive Terms
Ghana is seeking to unlock a new wave of investment in its upstream petroleum sector by improving regulatory efficiency, strengthening investor certainty and creating more competitive commercial and fiscal conditions. The issue took centre stage during Ghana Day on the second day of Africa Oil Week 2026, where industry stakeholders examined measures needed to convert...