Tag: Energy policy

Since assuming office in 2017, President Lourenço has overseen sweeping changes that have revitalized Angola’s energy sector.

OPEC Secretary General Haitham Al Ghais challenges the IEA's recent upward revisions to global oil demand data

As Ghana faces renewed pressure over power outages and rising electricity costs, Energy Minister John Jinapor has come under sharp criticism from the Minority in Parliament for what they describe ...

“The Federal Government has mandated the NNPCL to increase oil production beyond current levels by the end of the year.

According to data presented by the Ministry of Finance and the 2024 budget report, ECG's losses have reached critical levels.

"We’re delivering more American energy, more efficiently, and with fewer regulatory roadblocks."

The report, which is expected to guide future government policies and strategies, could mark a transformative shift in the management of Ghana's power distribution sector. 

Interior Secretary Doug Burgum, who attended the meeting, revealed that oil prices—often a major concern for producers—were not a focal point of the discussion.

“Without increasing the levy, we will also review the Energy Sector Levies Act (ESLA) to consolidate the Energy Debt Recovery Levy, Energy Sector Recovery Levy (Delta Fund)."

ACEP cautioned that without securing adequate funding, the project’s full benefits may not be realized.