Category: Uncategorized

Ahwomaso Power Plant following the successful completion of its tie-in to the national transmission grid by the Ghana Grid Company (GRIDCo).With the grid connection completed, the facility is expected to add about 141 megawatts of generation capacity to the national grid, providing a significant boost to electricity supply for households, businesses, and industries, especially in...

The Deputy Minister of Energy and Green Transition, Richard Gyan-Mensah, on behalf of the Sector Minister, Dr. John Abdulai Jinapor, has led a working visit to the 141-megawatt AKSA Power Plant at Anwomaso to inspect ongoing commissioning works. The visit forms part of the government’s broader efforts, under the leadership of President John Dramani Mahama,...

West African crude oil producers are struggling to find buyers for December and January cargoes amid rising competition from cheaper, more readily available alternative supplies. Analysts say the glut of unsold Nigerian and Angolan crude reflects a broader global oversupply that has weighed on international markets. Brent crude dropped below $60 per barrel this week,...

Nigerian President Bola Ahmed Tinubu has nominated Oritsemeyiwa Eyesan as the new Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), in a move expected to reshape the country’s upstream oil and gas sector and boost investor confidence. As a seasoned professional with extensive experience, Eyesan is poised to implement the Petroleum Industry Act...

Russia has, for the first time, deployed its entire fleet of eight nuclear-powered icebreakers simultaneously to maintain winter shipping lanes in the Gulf of Ob and the Yenisei Gulf, underscoring the strategic importance of Arctic energy exports. The unprecedented deployment is focused on ensuring the flow of oil, liquefied natural gas (LNG), and mineral cargoes...

In a landmark moment for Africa’s energy sector, Solewant Group’s Group Managing Director, Mr. Solomon Ewanehi, officially launched his groundbreaking book, Unlocking Africa’s Energy Future – Strategies for Sustainable Growth and Development, during the 9th Africa Energy Summit in Port Harcourt. The high-profile event drew policymakers, academics, industry leaders, and international delegates, signalling the book’s...

Executive Secretary of the Chamber of Petroleum Consumers (COPEC), Duncan Amoah, says the state must rethink its sudden crackdown on black market forex dealers because the action is already distorting rates and hindering efforts to stabilise fuel prices. He said the task force swoops are creating unintended shocks. Speaking on PM Express Business Edition, he...

The Managing Director of the Tema Oil Refinery (TOR), Edmond Kombat Esq., has revealed that the state refinery inherited a severe financial and operational crisis created under the Akufo-Addo–led New Patriotic Party (NPP) administration. Despite the daunting situation, he says TOR is now firmly on a path to recovery.Speaking at a capacity-building workshop in Tema...

Victims of a deadly typhoon in the Philippines have filed a legal claim against oil and gas company Shell in the UK courts, seeking compensation for what they say is the company’s role in making the storm more severe. Around 400 people were killed, and millions of homes were damaged when Typhoon Rai slammed into...