In a significant move toward securing reliable and clean electricity, key national stakeholders convened in Accra to advance plans for integrating Small Modular Reactors (SMRs) with renewable energy sources. The high-level workshop marked a pivotal step in translating Ghana’s nuclear energy ambitions into a concrete strategy for a resilient electricity generation mix. Held at the...
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Government Engages TUC, Utility Stakeholders on Private Sector Participation in Power Distribution
The Minister for Energy and Green Transition, John Jinapor, has held a high-level engagement with the Trades Union Congress (TUC), the Public Utilities Workers’ Union (PUWU), the Northern Electricity Distribution Company (NEDCo), and representatives of other utility institutions to discuss private sector participation in the operations of the Electricity Company of Ghana (ECG) and NEDCo....
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DR. WISDOM ENANG CAUTIONS THAT VENEZUELA’S CRISIS COULD SIGNIFICANTLY UNDERMINE NIGERIA’S ₦58 TRILLION 2026 BUDGET
An Adjunct Professor of the North Dakota University, USA, and a globally respected oil and gas consultant, Engr. (Dr.) Wisdom Patrick Enang, has warned that unfolding geopolitical developments in Venezuela could materially undermine Nigeria’s ₦58.18 trillion 2026 Federal Government budget by exerting sustained downward pressure on global crude oil prices. Dr. Enang made this known...
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GOIL PLC posts impressive share price gains on GSE in 2025
GOIL PLC recorded an impressive performance on the Ghana Stock Exchange (GSE) in the 2025 financial year, reflecting renewed investor confidence and growing optimism about the Company’s future direction. The year 2025 proved to be a standout period for the Ghanaian equities market, with the GSE posting one of its strongest rallies in recent years....
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IPGs debt payment: Energy expert urges gov’t to modernize electricity infrastructure to reduce loss
Energy expert and Executive Director of the Centre for Environmental Management and Sustainable Energy, Benjamin Nsiah, has commended the government for taking decisive steps to settle outstanding debts owed to Independent Power Generators (IPGs), describing the initiative as a major boost for Ghana’s energy sector.Speaking on Accra 100.5 FM on Monday, January 12, Mr. Nsiah...
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Ghana Clears US$1.47bn Energy Sector Arrears, Signals New Era of Fiscal Discipline
The Government of Ghana says it has settled approximately US$1.47 billion in outstanding energy sector obligations, a move the Ministry of Finance says has restored financial stability to the sector as of December 31. In a statement issued on Monday, the Ministry disclosed that the payments covered major legacy liabilities, including a US$597.15 million World...
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Energy and Green Transition Minister, John Jinapor, has inspected the AKSA
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...
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Deputy Energy Minister Inspects 141MW AKSA Power Plant at Anwomaso in the Ashanti region.
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,...
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Tema Oil Refinery Holds Final Staff Durbar for 2025
Tema Oil Refinery (TOR) has held its fifth and final staff durbar for the year, marking another milestone in its ongoing efforts to revive operations. The durbar took place on Friday, December 12, 2025, under the auspices of the Managing Director, Edmond Kombat Esq. In line with TOR’s commitment to good governance and transparency, the...
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Africa’s Leading Crude Producers Struggle to Find Buyers Amid Global Oversupply
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,...