With new data showing that global carbon emissions are rebounding more quickly than expected after coronavirus lockdowns are eased, questions are being asked about the prospects for renewable energy projects in emerging markets.  Just as the pandemic has had an considerable impact on the global economy, travel restrictions and the suspension of...
We are now at a crossroads in Libya where a military solution is temporarily off the table, as factions and their external allies wrangle over oil revenues--the distribution of which will now decide when the pumps are turned back on and force majeure lifted. For the first time in seven...
As the COVID-19 pandemic bashes economies and demand for oil, many African nations dependent on exporting fossil fuels are “haemorrhaging” cash, African energy experts warned this week. The crisis - which comes as more investors shun carbon-heavy businesses - is a taste of what may happen if Africa’s rich oil...
Oil prices rose on Monday, supported by tighter supplies and a string of data expected to show economic recovery across the globe and despite a spike in coronavirus cases in the United States and other countries. Brent crude LCOc1 was up 73 cents, or 1.7%, to $43.53 per barrel by...
Restrictions of visa issuance are de facto preventing a lot of projects to move forward and to successfully contribute to the recovery of the continent The continuation of travel restrictions and suspension of visas and travel between Africa and Europe is heavily restraining the oil & gas industry’s recovery efforts....
 In Africa, the twin challenges of the coronavirus pandemic and subsequent drop in oil prices are affecting countries in different ways: net energy exporters are braced for headwinds, but net importers have some relief from current account pressures. Globally, lockdown and social distancing measures resulted in a sharp drop in demand for oil,...
“All across the world we are noticing growth…. Technology growth is the driving principles that are developing renewable energy resources. But Ghana seems to be missing in the puzzle. Renewable energy is a fright to policy makers” – Nana Amoasi VII, IES Executive Director. Across the world, access to...
The Bulk Oil Storage and Transportation Company Limited, BOST has announced that it has closed down its head office at Dzorwulu in the Ayawaso West Municipality from Monday, July 6 to Monday, July 13, 2020. This, according to a statement copied to the B&FT, has become necessary because some staff...
A popular pub at Nhyiaeso in Kumasi - +2 Pub - is facing closure due to its location. The pub has become a popular converging spot for many patrons in the Kumasi metropolis with live band music played during weekends and holidays. It is, however, located right under an electricity...
The Ghana Alliance for Clean Cookstoves (GHACCO) is advocating for the full implementation the bioenergy policy after a research conducted by the group affirmed the benefits of the policy if it is fully rolled out. In a media interaction, Mohammed Amin Lukumanu, Executive Director of Ghana Alliance for Clean Cookstove...