Tag: Energy security

This strategic move allows Nigeria to stay within its OPEC+ quota of 1.5 million barrels of crude per day

Over the past two decades, Ghana has successfully transitioned from being a net oil importer to an emerging oil producer, with significant offshore discoveries driving production growth. Key offshore fields, ...

The European Commission (EC) has called on European Union (EU) member states to accelerate efforts to eliminate fossil fuel subsidies by 2030, redirecting financial support toward clean energy and sustainability ...

Edward Abambire Bawa, the newly appointed Acting Chief Executive Officer of the Ghana National Petroleum Corporation (GNPC), has outlined his commitment to advancing the corporation’s mandate.  Bawa indicated that his ...

The second audit of the Electricity Company of Ghana’s (ECG) accounts, conducted by PricewaterhouseCoopers (PwC) and covering Q4 2023, has uncovered significant lapses in financial management and operational inefficiencies.   ...

The Organization of the Petroleum Exporting Countries (OPEC) has projected a global oil demand growth rate of 1.4 million barrels per day (mb/d) for 2025, with a similar increase expected ...

Joshua Batsa Narh, the Executive Chairman of the Energy Chamber Ghana and Director at Wingfield Group, recently outlined the opportunities and challenges facing Ghana’s oil and gas sector in an ...

The energy sector debt in Ghana has surged to $3 billion, according to Energy Minister-designate Hon. John Abdulai Jinapor.  Speaking during his vetting before Parliament’s Appointments Committee on January 13, ...

In a global energy landscape shaped by ambitious net-zero agendas, OPEC Secretary General Haitham Al Ghais has called for a critical reevaluation of the concept of energy transitions.   In ...

Europe’s oil and gas sector is undergoing a significant transformation as artificial intelligence (AI) becomes a key tool for optimizing operations and addressing pressing energy security challenges.   According to ...