Energy Minister John Jinapor has underscored the urgency of deepening regional power integration to secure a reliable, affordable and sustainable energy future for West Africa. Speaking at the West Africa Energy Cooperation Summit in Accra, the Minister urged countries in the sub-region to transition from isolated national energy systems toward stronger interconnections and increased investment...
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Guyana’s Record-Breaking Oil Boom
The tiny South American nation of Guyana, once one of the continent’s poorest countries, recently emerged as a top oil producer. After a swathe of high-quality discoveries in the offshore Stabroek Block, the government in Georgetown finds itself managing one of the world’s largest oil booms. In roughly a decade, Guyana went from its first...
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Energy Minister Inaugurates Petroleum Hub Development Corporation Board
Energy Minister John Jinapor has inaugurated the new Board of the Petroleum Hub Development Corporation (PHDC), marking a significant step toward advancing government’s vision of establishing a fully integrated petroleum hub for Ghana and the West African sub-region.Speaking at the ceremony, the Minister underscored the strategic importance of the PHDC in strengthening Ghana’s energy ecosystem....
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PHDC Showcases Investment Prospects at UK-Ghana Chamber of Commerce Strategic ForumThe Petroleum Hub Development Corporation (PHDC) has outlined major investment
opportunities within Ghana’s ambitious Petroleum Hub project during a high-level engagement organised by the UK-Ghana Chamber of Commerce (UKGCC) in Accra.Addressing UKGCC executives and business leaders, Mr. George Asante, Business Development Manager at PHDC, delivered a comprehensive presentation on the project’s competitive incentive packages, regulatory advantages, and long-term economic potential. He emphasised that the Petroleum...
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24-Hour Economy: NPA Deputy CEO Leads Sector-Wide Assessment of Tema Oil Installations
A combined team led by the Deputy Chief Executive of the National Petroleum Authority (NPA), Dr. Dramani Bukari, has undertaken a technical tour of key petroleum facilities in Tema as part of preparations for the rollout of the government’s 24-hour economy programme.The delegation, which included representatives from major downstream petroleum institutions, visited BOST Energies (APD),...
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ASEC flags four major loopholes in 2026 Budget, warns of risks to economic stability
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...