Africa’s demand for refined oil products is projected to increase from about 4 million barrels per day in 2024 to over 6 million barrels per day by 2050, according to the African Energy Chamber’s (AEC) 2026 Outlook Report, The State of African Energy.
The Minister for Energy and Green Transition, John Abdulai Jinapor and 35 others received various recognitions at the 9th Ghana Energy Awards held in Accra on Friday, November 28, 2025.
The Public Interest and Accountability Committee (PIAC), in partnership with the Africa Centre for Energy Policy (ACEP), last Friday engaged market women at Madina on the management and use of petroleum revenues.
The government has assured the energy sector it is preparing to confront declining investment in upstream petroleum operations, a challenge industry experts warn could threaten national energy security and jeopardize revenues if left unchecked.
Ghana’s Petroleum Hub Development Corporation (PHDC) has outlined four distinct funding mechanisms to support the country’s 60 billion US dollar petroleum infrastructure project in the Western Region, addressing persistent questions about how the government will finance its portion of the massive undertaking.
A joint analysis by the United Nations Development Programme (UNDP) and auditing firm KPMG has affirmed the government’s strategic shift from light crude oil to domestically produced natural gas for power generation.
Eni Ghana, a subsidiary of the global energy company Eni, has secured top honors at the Ghana Energy Awards, with both the company and its Managing Director Maurizio Pinna recognized for contributions to the country’s upstream oil and gas development and energy transition efforts. At the awards ceremony in Accra, Eni Ghana was named Upstream […]
The Caspian Pipeline Consortium (CPC) said on Monday that it had resumed oil shipments from one mooring point at its Black Sea terminal following a major Ukrainian drone attack on November 29.The CPC, which includes Russian, Kazakh and U.S. shareholders, said on Saturday that the attack had halted operations because of serious damage to Single-Point […]
The International Energy Agency appears to have bowed to threats from the U.S. to pull its funding if the agency didn’t realign its forecasting toward unbiased, policy-neutral projections. In the middle of the COP30 United Nations Climate Change Conference last month, the agency released its annual “World Energy Outlook.” Unlike previous iterations, the report doesn’t […]
Turkiye is going to emerge as a key partner of Pakistani firms in the energy sector as the two countries are set to sign multibillion-dollar deals for offshore exploration and mineral projects this week. A high-level Turkish delegation, led by Minister of Energy and Natural Resources Alparslan Bayraktar, is arriving in Islamabad on Tuesday. Sources […]