Parliamentary Select Committee on Energy, led by its Chairman and Ho West MP, Emmanuel Bedzrah, has completed a working visit to Tullow Ghana’s Jubilee and TEN oil fields in the Western Region.The visit offered the lawmakers a closer look at the company’s offshore operations and its efforts to sustain and strengthen Ghana’s oil and gas...
Category: News
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Ghana Reaffirms Commitment to Global Clean Energy Transition at International Solar Alliance Assembly
Ghana has reiterated its strong commitment to advancing renewable energy and supporting the global clean energy transition at the 8th Assembly of the International Solar Alliance (ISA).Representing the Government of Ghana, the Minister for Energy and Green Transition John Jinapor, presented the country’s statement, reaffirming Ghana’s dedication to sustainable energy development and expressing appreciation to...
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ECG blows GH¢189m beyond budget without approval – PAC fumes
The Electricity Company of Ghana (ECG) has come under intense scrutiny after revelations of massive budget overruns at Parliament’s Public Accounts Committee (PAC). The utility company’s Chief Executive and his team were grilled over unapproved spending amounting to GH¢189.2 million. Citing details from the 2024 Auditor-General’s Report, Ranking Member Samuel Atta Mills delivered a blistering...
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Ghana Fuel Prices Set for Up to 8% Reduction in Early November
Fuel prices at the pump are expected to fall in the first week of November, with some products projected to drop by as much as 8 percent, according to the Chamber of Oil Marketing Companies (COMAC ). The anticipated decline is being driven by two major factors: a sharp appreciation of the Ghanaian cedi against...
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ISA Assembly Opens in New Delhi as Africa Calls for Greater Clean Energy Investment
The 8th Session of the International Solar Alliance (ISA) Assembly has opened in New Delhi, India, bringing together global leaders to advance solar energy deployment and investment across member countries. Representing the continent, the ISA Vice President for Africa delivered the Africa regional report and underscored the urgent need to bridge the investment gap hindering...
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Oil discoveries lift Namibia’s investment appeal – RMB
Namibia has been ranked 17th in the RMB 2025/26 Where to Invest in Africa (WTIIA) report, reflecting improved investor sentiment and greater macroeconomic stability.The report highlights that Namibia scored strongly in economic stability, market accessibility, and innovation, placing it among the continent’s top 20 investment destinations. The publication attributes the country’s improved standing to recent...
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PIA review plan risks undoing petroleum reform gains
Just four years after Nigeria finally enacted the long-awaited Petroleum Industry Act (PIA) in 2021, the Federal Government is already proposing significant amendments. At the centre of this review is a controversial plan to transfer concessionaire powers, currently held by the Nigerian National Petroleum Company (NNPC) Limited, to the Nigerian Upstream Petroleum Regulatory Commission (NUPRC)....
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New Study: Plug-In Hybrid EVs Nearly As Dirty As Gas Vehicles
Electric vehicle skeptics often squawk that battery-electric vehicles like Teslas are nowhere nearly as friendly to the environment as their proponents claim. Well, the truth is a bit more nuanced. Whereas the initial manufacturing of EVs, particularly their batteries, does have a significantly higher carbon footprint than internal combustion engine (ICE) cars, many life cycle...
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Ghana Risks Losing Competitive Edge in Oil Sector – Dr Theo Acheampong Warns
Petroleum Economist and Political Risk Analyst, Dr Theo Acheampong, has cautioned that Ghana risks falling behind emerging African oil producers such as Namibia and Senegal if structural and governance challenges within the petroleum sector are not urgently addressed. Speaking during the NorvanReports Economic Governance Platform and Ghana Anti-Corruption Coalition (GACC) X Space Discussion on the...
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CBN pumps $1.25bn into fuel import, others.
The Central Bank of Nigeria has released a total sum of $1.259bn to oil sector players for the importation of petroleum products and other related items into the country, The PUNCH reports. The amount released between the first three months of 2025 is against the backdrop of the insistence of marketers to continue fuel import...