Shell’s return to Angola after a 20-year hiatus highlights a shift in sentiment toward the nation’s oil sector, as reforms aimed at attracting global capital start to show results. Shell, alongside Chevron and Sonangol EP, signed deals with the National Agency of Petroleum, Gas and Biofuels for Block 33 in the Congo Basin, ANPG board...
Category: News
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APN sues organizers of upcoming Africa Oil Week to recover service fee of $300,000.00
Africa Prosperity Network (APN), organizers of the Africa Prosperity Dialogues (APD), have filed a lawsuit against Sankofa Advisory Group, owners and organizers of the Africa Oil Week (AOW) for the recovery of three hundred thousand United States Dollars ($300,000.00) covering the cost of services APN provided to AOW in 2024. Among claims filed in a...
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Russia says it will help China overtake the United States on nuclear power
Russia will help China overtake the United States as the world’s biggest producer of nuclear power, the chief of Russia’s Rosatom state nuclear corporation said in comments broadcast on state TV on Wednesday after talks in Beijing.The United States operates the world’s largest network of nuclear reactors, with nearly 97 gigawatts (GW) of installed capacity....
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Global nuclear industry meets in London to “Energize the Future Now”
Global nuclear industry meets in London to “Energize the Future Now”World Nuclear Association Director General, Dr Sama Bilbao y Leon calls for “bold, visionary leadership to accelerate nuclear deployment”. Secretary Wright, U.S. Department of Energy, promises to “re-establish the US as a global leader in nuclear energy” addressing 50th World Nuclear SymposiumIn 2024, nuclear reactors...
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Texas says it’s strict on oil field emissions. New data shows it’s not.
Texas’ rubber-stamp system allows drillers to release vast amounts of natural gas into the atmosphere.Hakim Dermish moved to the small South Texas town of Catarina in 2002 in search of a rural lifestyle on a budget. The property where he lived with his wife didn’t have electricity or sewer lines at first, but that didn’t...
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TOR Managing Director Named LEAD Fellow
The Managing Director of Tema Oil Refinery (TOR) Ltd., Mr. Edmond Kombat Esq., has been competitively selected as one of the 2025 LEAD Fellows—an esteemed initiative of the Africa CEO Forum dedicated to harnessing leadership experience and shaping Africa’s next generation of transformative public leaders. Also joining this year’s cohort are Mr. Sharif Mahmud Khalid,...
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Ghana misses out on 25 million dollar Africa Climate Change Fund
Ghana is at risk of missing out on significant international funding opportunities to support its climate change efforts, including an estimated $25 million from the Africa Climate Change Fund.Despite the availability of financing from sources such as the Green Climate Fund (GCF), the Global Environment Facility (GEF), bilateral government grants, private foundations like the Ford...
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Ghana’s Petroleum Hub Project Gains Momentum with New Singapore-Ghana PartnershipSingapore
Petroleum Hub Development Corporation (PHDC) has announced the signing of a strategic Memorandum of Understanding (MoU) between Surbana Jurong Infrastructure Pte Ltd (SJ) of Singapore and Mannschaft Engineering & Infrastructure Systems Ltd of Ghana. The signing ceremony was held at the Surbana Jurong Campus in Singapore.The agreement sets the stage for collaboration on the development...
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World Nuclear Association Welcomes Microsoft Corporation as Newest MemberTech Company’s Membership Signals Nuclear Power’s Central Role in Powering the AI Revolution
Issued 3 September 2025 LONDON, UK The World Nuclear Association has proudly announced that Microsoft Corporation, one of the world’s leading technology companies, has officially joined as its newest member. This landmark membership underscores the growing recognition of nuclear energy as an essential foundation for powering the digital economy and achieving ambitious climate goals. A...
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Marketers continue imports as Dangote petrol arrives US3rd September 2025
The Dangote Petroleum Refinery last week made its first Premium Motor Spirit (petrol) shipment to the United States, while local marketers insisted on fuel importation. This confirmed earlier reports that the refinery is exporting more fuels following the shutdown of some foreign refineries for maintenance. According to S&P Global, 300,000 barrels of petrol left Nigeria...