Accra, Ghana//-Imani Africa and Africa Centre for Energy Policy (ACEP) have called on President Nana Addo Dankwa Akufo-Addo to immediately commission an enquiry into the Aker-AGM transaction to inject a culture of accountability into the management of Ghana’s petroleum industry.
Johannesburg, South Africa//-“…Persistent load shedding is impeding our recovery… We know that without a reliable supply of electricity, businesses cannot grow, assembly lines cannot run, crops cannot be irrigated, and basic services are interrupted”, said H.E. President Cyril Ramaphosa in his State of the Nation Address recently.
China’s economic rebound has been the main bullish factor for oil prices this week, after the country’s PMI index surged to 52.6 in February, the highest reading since April 2012 and a sign of industrial activity coming back to life.
The European Investment Bank. the world’s largest multilateral bank and leading global financier of renewable energy, will strengthen support for green hydrogen investment in Kenya.
Stuttgart, Germany//- Leading engine injection system manufacturer Woodward, has announced it is developing a comprehensive new range of injection systems applicable for new and future fuel powered engines including methanol and ammonia.
Addis Ababa, Ethiopia// – A presidential roundtable on the side-lines of the 36th Ordinary Session of the Assembly of the African Union (AU) has called for the acceleration of financing for energy access in Africa with clear targets and steps for ensuring the achievement of universal energy access by 2030.
AFP via Getty Images Roy Havemann, Stellenbosch University The announcement by the South African finance minister, Enoch Godongwana, of debt relief for the country’s troubled power utility, Eskom, is a step forward. It will fix one problem: Eskom has too much debt. But the plan won’t end power cuts which have worsened in recent years.
Soaring energy prices triggered by the Russia-Ukraine conflict could push up to 141 million more people around the globe into extreme poverty, a new study revealed.
Accra, Ghana// — The Ghana Grid Company (GRIDCo) has announced that it is set to earn revenue for the first time since 1983, thanks to the export of power to neighbouring countries such as Togo, Benin, Cote d’Ivoire and Burkina Faso.
Tullow Oil Plc has announced that Tullow Ghana Limited (TGL) has filed requests for arbitration with the International Chamber of Commerce in London in respect of two disputed tax assessments received from the Ghana Revenue Authority (GRA).
