The Africa Sustainable Energy Centre (ASEC) has raised serious concerns about Ghana’s 2026 Budget, warning that despite the country’s recent macroeconomic progress, the energy sector remains burdened by long-standing structural weaknesses that threaten fiscal stability.The concerns follow ASEC’s detailed review of the Budget Statement and Economic Policy presented to Parliament by the Minister for Finance,...
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World Nuclear Outlook 2025: Global Push to Triple Nuclear Capacity Gains Momentum at COP30
The global energy transition took centre stage on Energy Day at COP30 in Belém, Brazil, as the World Nuclear Association (WNA) released a preview of its World Nuclear Outlook Report 2025. The report delivers a strong message: tripling global nuclear capacity by 2050 is achievable — but only if governments accelerate action and follow through...
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COP30: Brazil, Chile, Canada, others sign declaration to fight climate disinformation
Thirteen countries have signed a new declaration aimed at combating climate disinformation and promoting accurate, science-based information on climate change.The “Declaration on Information Integrity on Climate Change” was launched on Wednesday at COP30 in Belém, Brazil, by the Global Initiative for Information Integrity on Climate Change. The pact seeks to strengthen global cooperation against the...
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Energy Ministry Welcomes Arbitration Ruling in PDS–ECG Dispute
The Ministry of Energy and Green Transition has expressed satisfaction with the ruling by the London Court of International Arbitration (LCIA) in the long-running dispute between Power Distribution Services (PDS) and the Electricity Company of Ghana (ECG). In its decision delivered on Wednesday, November 5, the tribunal ruled that the demand guarantees issued as part...
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VRA targets 1,800 megawatts power to sustain power export gains in five years.
The Volta River Authority (VRA) says it is working to add up to 1,800 megawatts of power to Ghana’s generation capacity over the next five years, as part of efforts to maintain its strong position in the regional power export market. Speaking to Joy Business at the Authority’s Annual Stakeholder Meeting, Board Chairman Jabesh Amissah-Arthur...
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GNPC Reaffirms Commitment to Innovation and Local Capacity in Petroleum Sector
The Acting Chief Executive Officer of the Ghana National Petroleum Corporation (GNPC), Kwame Ntow Amoah, has underscored the Corporation’s leadership in advancing innovation, research, and local competence within Ghana’s petroleum industry.Delivering remarks at the opening of the 2025 Local Content Conference and Exhibition (LCCE) in Takoradi, Mr. Amoah called for stronger collaboration among policymakers, investors,...
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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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SPE Africa Strengthens Regional Collaboration at ATCE 2025
The Society of Petroleum Engineers (SPE) Africa Region intensified efforts to strengthen professional development and energy innovation across the continent during a regional meeting held on October 21, 2025, at the George R. Brown Convention Center in Houston, USA. The engagement brought together more than 100 African regional officers on the sidelines of the Annual...
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Reactor vessel delivered for El Dabaa unit I
The first reactor vessel has been delivered to the El Dabaa construction site of Egypt’s first nuclear power plant.The 330-tonne reactor vessel was manufactured at Rosatom’s Izhora plant, in a process which took 41 months. The reactor vessel is about 13 metres long and 4.5 metres in diameter. The service life is for an initial...