Amid geopolitics, global energy transition and rising prices The country can significantly cushion itself against global energy shocks by developing its own gas resources, says Tullow Oil Plc Chief Executive Officer, Rahul Dhir. Amid the ongoing geopolitics which have led to oil and gas prices reaching records not seen in...
The Government of Ghana has granted an extension to Aker Energy Ghana Limited for the submission of its Plan of Development (PDO). The decision to grant an extension follows uncertainties about supplier commitments triggered by the war in Ukraine. The Government of Ghana, Aker Energy and its licenced partners have...
Energy economists have made a strong case that it is time Africa owns its resources and determines their use for the benefit of the citizenry and the continent at large. The experts also argued that the continent must develop a holistic approach towards harnessing resources, especially in the energy sector,...
Africa is among the world’s most biodiverse regions. At least 50,000 plant species inhabit our biomes. Around 1,100 mammal and 2,500 bird species, and between 3,000 and 5,500 freshwater fish species make their homes on our lands and in our air and waters. Our living organisms represent one-quarter of...
The bustling city of Accra is the scene of a quiet but remarkable transformation. The air, once thick with exhaust fumes and the hum of diesel generators, is gradually being infused with a new sense of vitality. Like in other cities across the continent, solar panels glimmer on rooftops,...
The Minister of Energy, Dr. Matthew Opoku-Prempeh, has averred that the much-talked about energy transition will be meaningless if the country’s efforts fail to take cognisance of the huge untapped oil and gas resources. While admitting that the energy transition is inevitable, he said Ghana’s natural resource endowments - hydrocarbons...
...as TEN, Jubilee half-year results remain in line with guidance Production from Tullow Ghana's Jubilee and Tweneboa Enyenra Ntomme oil fields for the first half of 2020 remains in line with full-year forecasts, despite disruptions caused by the Coronavirus pandemic and collapse in prices due to the Russia-Saudi Arabia oil...
The prolonged inter-utility legacy debt component of US$203million for the power sector debt within the energy sector accrued in a period ending December 2016 is finally settled, Elikplim Kwabla Apetorgbor - Sunon Asogli’s Manager of Energy Trading, Research and Regulatory Affairs - has confirmed. The debt involved both state-owned energy...
Renewable energy will be a critical driver of Africa’s post-COVID-19 growth recovery and economic prosperity, panellists in a 2021 UK Africa Investment Summit event said on Wednesday, as they called for a stronger partnership between the United Kingdom and  Africa. The panel, themed UK & Africa: Partnering in Sustainable and...
Gains made towards returning the economy to growth path are at risk of being eroded by recent power transmission challenges, the Institute of Energy Security (IES), has said. The economy contracted in the second and third quarters of 2020 by recording a recession – the first time in 37 years,...