Accra, Ghana, July 17, 2019//-Africa Finance Corporation (AFC), the leading infrastructure solutions provider in Africa, has financed Aker Energy A.S. (Aker Energy), a subsidiary of Aker ASA, one of the highest-quality-rated companies in the Norwegian market and a leader in oil, gas and industrials.
Category: Energy
Oil Falls Back As Iran Risk Factor Fades
July 16, 2019//-Oil prices started off the week on a quiet note, but retreated on Tuesday afternoon after Secretary of State Mike Pompeo said that Iran is ready to negotiate its missile program.
Vast Subsidies Keeping the Fossil Fuel Industry Afloat Should be Put to Better Use
Alex Lenferna, University of Washington July 16, 2019//-Capitalism has often been identified as the underlying cause of the climate crisis.
Spat Over Toll Roads in South Africa Shows Poor People Don’t Count
An electronic toll gantry on a Johannesburg highway. Shutterstock/Beate Wolte Steven Friedman, University of Johannesburg July 12, 2019//-Most South Africans are poor. But this does not prevent politicians treating them as though they don’t exist.
Plastic Poses a Major Environmental Threat: But is it Being Over-stated?
A coastal wetland overrun by plastic. Supplied by author Peter Ryan, University of Cape Town There is no doubt that plastic affects the environment badly. But a trend has developed in the reporting on the impact of plastics that’s not only selective but also borders on panic mongering rather than impartial analysis of existing studies. […]
New Report Unmasks the Myths and the Truth Behind Trophy Hunting
July 11, 2019//-International wildlife charity Born Free has released the findings of their 18-month cross-disciplinary investigation into the practice, finally unveiling the truth behind the myths.
New UN Report: Climate Change Threatens Progress Across SDGs
New York, United States of America, July 10, 2019/ — The impacts of climate change and increasing inequality across and within countries are undermining progress on the sustainable development agenda.
Ghana Signs Landmark Deal with World Bank to Cut Carbon Emissions
Washington, USA, July 9, 2019 — Ghana – with one of the highest deforestation rates in Africa – has become the third country to sign a landmark agreement with the World Bank that rewards community efforts to reduce carbon emissions from deforestation and forest degradation.
GHANA’S ENERGY SECTOR ON THE VERGE OF COLLAPSE
Accra, Ghana, July 8, 2019//-Ghanaians must prepare to face power disruptions in the coming weeks if nothing is done urgently to salvage the already crumbling Energy sector under the Akufo-Addo administration.
Oil Markets Not Impressed By Small Crude Draw
July 3, 2019//-A day after the American Petroleum Institute’s estimated a 5-million-barrel crude oil inventory draw and failed to reverse oil prices’ fall, the Energy Information Administration failed at that, too by reporting only a moderate draw.