The Gambia: Audio Claiming Senegal Is Siphoning The Gambia’s Oil Resources Is Misleading And False, Says MoPEM

The Gambia’s Ministry of Petroleum, Energy, and Mines has dismissed the content of an audio circulating online, suggesting that its neighbour, the Republic of Senegal, is siphoning its oil resources from underground. According to the ministry, the claim is not only misleading but also lacks any technical or scientific basis. In a statement issued on Tuesday, the ministry explained that since the 1960s, The Gambia had drilled only five exploration wells—two onshore and three offshore—with two of the offshore wells drilled by FAR Ltd. in 2019 and 2021, without any discoveries. In contrast, the ministry indicated that Senegal had conducted 49 offshore drillings in the Sangomar area to find oil and gas. It pointed out that the last well drilled by FAR (in 2021) was about 500 metres away from the border with Senegal. It said this was a deliberate attempt to see if we have oil around the areas Senegal discovered oil. “Unfortunately, from that well, there was no discovery warranting a conversation on joint resource development or sharing at the time. No exploration well has been drilled since then,” the ministry stated. Consequently, The Gambia and Senegal cannot initiate such negotiations because The Gambia has not yet made any discoveries near the border that would warrant such negotiations,” the statement said. Besides, the ministry said its seismic data acquisition and interpretation continue to gather momentum. “It is crucial to emphasise that seismic data and well data are confidential and extremely valuable to be shared publicly. “These details must not be shared with anyone unless authorised parties and licensed partners, within the framework of signed data sharing agreements for oil exploration and exploitation, request access. We continue to encourage investment in The Gambia’s oil blocks, which has culminated in receiving expressions of interest from various oil companies for our acreages.” The ministry called on the public to disregard the unfounded allegations, incendiary statements and recognise the importance of factual and informed discussions regarding our natural resources.         Source: https://energynewsafrica.com

Mozambique: Eni CEO, President Daniel Francisco Chapo Hold Talks On Eni’s Future Plans

The President of the Republic of Mozambique, Daniel Francisco Chapo, met with the Chief Executive Officer of Eni, Claudio Descalzi, in Maputo on Wednesday to discuss the company’s ongoing and future activities in the country. The meeting reaffirmed the strong partnership between Eni and Mozambique and highlighted strategic initiatives aimed at supporting the country’s economic growth. Among the topics discussed were the ongoing success of the Coral South Project, which contributed to 50% of Mozambique’s GDP growth in 2023 and is projected to represent 70% of GDP growth in 2024, and the recently approved Plan of Development by the Government of Mozambique for the implementation of the Coral North FLNG project. This project will enable the expansion of LNG production from the Coral reservoir in Area 4 of the Rovuma Basin. The meeting also highlighted Eni’s strategy to diversify its activities in Mozambique as part of its broader commitment to the country’s energy transition. This includes implementing an innovative agribusiness project focused on producing vegetable oil for biorefining. The initiative aims to support rural area development and create opportunities for Mozambique’s integration into the biofuel value chain. Additionally, the company is promoting several carbon offset initiatives, including a clean cooking program that promotes the use of more energy-efficient cooking solutions and other REDD+ initiatives. Eni has been present in Mozambique since 2006. Between 2011 and 2014, the company discovered vast natural gas resources in the Rovuma Basin, specifically in the Coral, Mamba Complex, and Agulha reservoirs, with approximately 2,400 billion cubic meters of gas in place. Eni operates the Coral South project, the first to produce gas from the Rovuma Basin. Eni also contributes to improving the country’s economic diversification, access to education, health, and water through the implementation of a sustainability plan.   Source:https://energynewsafrica.com

Ghana: ECG Sets June 16 For Nationwide Revenue Mobilization Exercise

The Electricity Company of Ghana (ECG) has announced plans to embark on a revenue mobilisation exercise across its operational areas nationwide. According to ECG, the exercise, which will start from Monday, June 16, to Friday, June 27, 2025, will focus on all categories of customers in arrears, including state agencies. In a statement issued on Wednesday (today), June 11, ECG advised customers with arrears to pay their bills now to avoid disconnection and payment of reconnection fees. ECG cautioned customers against interfering with the exercise. “The exercise will be monitored by special teams who will apprehend and prosecute customers who attempt to interfere with the exercise, and/or undertake illegal self-reconnection after disconnection,” the statement said.         Source: https://energynewsafrica.com

SEforALL Signs Agreement With India’s Largest Power Firm NTPC To Plan Its Energy Transition Pathway

India’s largest power company, NTPC, has signed an agreement with Sustainable Energy for All (SEforALL) to seek support for its transition to clean energy. Under the agreement, SEforALL will support the development of NTPC’s comprehensive energy transition roadmap, aligning with the country’s energy security, development priorities, and net-zero commitments. The roadmap will include modeling of multiple scenarios reflecting NTPC’s short-, mid-, and long-term strategic horizons, estimating investment needs, identifying diversification opportunities, and the socio-economic benefits that come with shifting to cleaner energy systems. NTPC’s role in energy transition is visible on the ground through pioneering R&D and large-scale deployments of green hydrogen pilot projects, floating solar photovoltaic (FSPV) systems, battery energy storage systems (BESS), pumped storage hydropower, and carbon capture and utilization (CCU). Established in 1975, NTPC has powered India through its industrialization and urban expansion. In 2021, NTPC became the first major utility to commit to a UN Energy Compact, identifying ambitious targets, including installing 60 GW of renewable energy capacity by 2032. With installed capacity primarily from thermal power plants, the company has rapidly increased its share of renewable energy in solar, wind, and hydro installations, becoming an instrumental driver of the country’s energy security by contributing close to one-fourth of the entire electricity production. Commenting on the agreement, Gurdeep Singh, Chairman and Managing Director of NTPC, said, “Our aim is to foster responsible, sustainable economic development through an energy strategy that champions energy security, social inclusiveness, environmental stewardship, and growth powered by data, technology, and innovation. This agreement positions us to meet the rising demand from communities and industry while keeping us at the leading edge of the energy transition.” Also commenting, Damilola Ogunbiyi, CEO and Special Representative of the UN Secretary-General for Sustainable Energy for All, said, “India continues to show climate leadership on the global stage, moving beyond commitment to concrete actions while demonstrating that the energy transition in emerging countries can co-exist alongside economic development. We are excited to support NTPC in co-creating a net-zero roadmap for the energy giant of India. I laud NTPC for its commitment to transitioning to cleaner energy sources.”       Source: https://energynewsafrica.com

Sierra Leone: Karpowership To Cut Power To Freetown On June 12 Over Debt; Hospitals Spared

Karpowership, a Turkish power firm operating in Sierra Leone, has served notice to cut power supply to Freetown, the capital of Sierra Leone, with the exception of critical facilities such as hospitals. This is part of a plan to recover outstanding debt owed to Karpowership. A statement issued by the Sierra Leonean Ministry of Energy mentioned that Karpowership served them notice on May 28, 2025, that they would disconnect power supply to Freetown at midnight on June 12. The Ministry said that after several negotiations, the company agreed to dispatch only 6MW of power to keep hospitals and other critical facilities in operation. “Despite the notice of disconnection, Karpowership made a commitment to maintaining a 6MW supply of electricity for essential services and critical facilities like hospitals,” the ministry said. Notwithstanding this development, the Ministry assured the general public, particularly residents of Freetown, that it has taken steps, on the instructions of His Excellency President Julius Maada Bio, to mitigate the impact of the reduction in power supply to Freetown. The Ministry further assured citizens that necessary actions have been taken to ensure the provision of reliable, affordable, and accessible power supply to Freetown in line with the vision of the President. The public should note that aggressive reforms are taking place at EDSA to ensure the technical and commercial viability of the utility. While the Ministry regrets to announce that there will be some load shedding, it assured residents of Freetown that such load shedding would be properly managed.       Source: https://energynewsafrica.com

AMEA Power And Kyuden Int. Sign MoU To Accelerate Clean Energy And Green Hydrogen Projects

AMEA Power, one of the fastest-growing renewable energy companies in the region, has signed a Memorandum of Understanding (MoU) with Kyuden International Corporation, a subsidiary of Japan’s Kyuden Group. This strategic partnership aims to jointly develop renewable energy and green hydrogen projects that support decarbonization, energy resilience, and inclusive economic growth across key markets. The MoU establishes a framework for cooperation between the two companies to drive large- scale clean energy projects, combining AMEA Power’s proven expertise and track-record, with Kyuden International’s cutting-edge technological capabilities. AMEA Power currently has over 2,600 MW in operation or under construction, and a project pipeline exceeding 6 GW across more than 20 countries. Kyuden International brings extensive technical know-how and international experience from the Kyuden Group, further enhancing the deployment of low-carbon energy systems and environmentally sustainable technologies. Hussain Al Nowais, Chairman of AMEA Power, said: “This partnership with Kyuden International marks an important step in AMEA Power’s journey to lead the energy transition in the regions we are present. “Together, we are committed to delivering transformative clean energy and green hydrogen solutions that create long-term social and economic value for local communities”. This collaboration reflects a shared ambition to deliver tangible impact through innovative and scalable clean energy projects, aligned with global climate goals and regional development priorities.         Source:https://energynewsafrica.com

Kenya: Police Officer, Two Others Arrested For Vandalizing 66kV Underground Cables Serving Major Substations In Nairobi

Kenyan police are holding a police officer and two others for vandalizing high-voltage underground power cables near Nyayo Stadium in Nairobi. The three, Thomas Mutua, Joseph Kyalo, and Dennis Mbithi Nzioki, a police officer attached to the Directorate of Criminal Investigations (DCI), Makadara, were among a group of 10 men armed with crude weapons who were caught vandalizing the 66kV cables. The other suspects fled as the three were apprehended and booked at the Capitol Hill police station. The cables are the primary supply to Ragati and Nairobi West substations, which provide electricity to Upper Hill, Kenyatta National Hospital, Community area, South C, Nairobi West, Madaraka, parts of South B and Industrial Area, parts of Langata Road, Ngumo estate, Mbagathi Hospital, and KEMRI. The unfortunate incident has affected power supply to the Nairobi City Centre and environs. During the arrests, Kenya Power’s security team recovered five meters of already vandalized 66kV underground cable and confiscated four hoes, two spades, and two hacksaws. Kenya Power’s Managing Director & CEO, Dr. (Eng.) Joseph Siror, commended the security team, noting that the company will continue carrying out heightened surveillance of the electricity network to weed out all illegal activities. “Vandalism of power infrastructure has continued to pose a serious risk to public safety while disrupting electricity supply to homes and businesses. It is unfortunate that, as we work to supply reliable and safe electricity to our customers, a few people are involved in vandalism and other illegal activities that compromise the safety of the network. We will continue to work collaboratively with the public and law enforcement agencies to deal with these illegalities while ensuring that the perpetrators face the law,” said Dr. (Eng.) Siror. He urged members of the public to report any suspicious activity near electrical installations to the nearest police station, at any Kenya Power office, or through the company’s USSD code *977#.   Source:https://energynewsafrica.com

Nigeria: Police Inspector, Two Others Arrested For Stealing Electrical Cables

Residents of Demekpe in Makurdi, Benue State capital, Nigeria, have apprehended three men, including a police inspector, for allegedly stealing electrical cables belonging to the Jos Electricity Distribution Company (JEDPC). They were arrested around 4 a.m. on Tuesday. According to a report by National Record, when the residents pounced on them, they managed to arrest Inspector Innocent Ishaku, while the two other suspects fled the scene. The report said Inspector Innocent Ishaku mentioned their accomplices as Isa and Mohammed, leading to their arrest. Items recovered from the suspects include JEDPC electrical cables, F-connectors, and a police identity card bearing the name Innocent Ishaku with ID number 309976 and his photograph. All three suspects have since been handed over to the D Division Police Station in Makurdi for further investigation.       Source: https://energynewsafrica.com

Global Energy Investment Set To Rise To $3.3 Trillion In 2025 Amid Economic Uncertainty And Energy Security Concerns

Global energy investment is set to increase in 2025 to a record $3.3 trillion despite headwinds from elevated geopolitical tensions and economic uncertainty, a new IEA report says, with clean energy technologies attracting twice as much capital as fossil fuels. Investment in clean technologies – renewables, nuclear, grids, storage, low-emissions fuels, efficiency and electrification – is on course to hit a record $2.2 trillion this year, reflecting not only efforts to reduce emissions but also the growing influence of industrial policy, energy security concerns and the cost competitiveness of electricity-based solutions, according to the 2025 edition of the IEA’s annual World Energy Investment report. Investment in oil, natural gas and coal is set to reach $1.1 trillion. In addition to a comprehensive assessment of the current investment landscape across fuels, technologies and regions, this 10th edition of the World Energy Investment report explores some of the major changes over the past decade. “Amid the geopolitical and economic uncertainties that are clouding the outlook for the energy world, we see energy security coming through as a key driver of the growth in global investment this year to a record $3.3 trillion as countries and companies seek to insulate themselves from a wide range of risks,” said IEA Executive Director Fatih Birol. “The fast-evolving economic and trade picture means that some investors are adopting a wait-and-see approach to new energy project approvals, but in most areas we have yet to see significant implications for existing projects.” “When the IEA published the first ever edition of its World Energy Investment report nearly ten years ago, it showed energy investment in China in 2015 just edging ahead of that of the United States,” Dr Birol added. “Today, China is by far the largest energy investor globally, spending twice as much on energy as the European Union – and almost as much as the EU and United States combined.” Over the past decade, China’s share of global clean energy spending has risen from a quarter to almost a third, underpinned by strategic investments in a wide range of technologies, including solar, wind, hydropower, nuclear, batteries and EVs. At the same time, global spending on upstream oil and gas is gravitating towards the Middle East. Today’s investment trends clearly show a new Age of Electricity is drawing nearer. A decade ago, investments in fossil fuels were 30% higher than those in electricity generation, grids and storage. This year, electricity investments are set to be some 50% higher than the total amount being spent bringing oil, natural gas and coal to market. Globally, spending on low-emissions power generation has almost doubled over the past five years, led by solar PV. Investment in solar, both utility-scale and rooftop, is expected to reach $450 billion in 2025, making it the single largest item in the global energy investment inventory. Battery storage investments are also climbing rapidly, surging above $65 billion this year. Capital flows to nuclear power have grown by 50% over the past five years and are on course to reach around $75 billion in 2025. Rapid growth in electricity demand also underpins continued investment in coal supply, mainly in China and India. In 2024, China started construction on nearly 100 gigawatts of new coal-fired power plants, pushing global approvals of coal-fired plants to their highest level since 2015. In a worrying sign for electricity security, investment in grids, now at $400 billion per year, is failing to keep pace with spending on generation and electrification. Maintaining electricity security would require investment in grids to rise towards parity with generation spending by the early 2030s. However, this is being held back by lengthy permitting procedures and tight supply chains for transformers and cables. Lower oil prices and demand expectations are set to result in the first year-on-year fall in upstream oil investment since the Covid slump in 2020, according to the report. The expected 6% drop is driven mainly by a sharp decline in spending on US tight oil. By contrast, investment in new liquefied natural gas (LNG) facilities is on a strong upward trajectory as new projects in the United States, Qatar, Canada and elsewhere prepare to come online. Between 2026 and 2028, the global LNG market is set to experience its largest ever capacity growth. Spending patterns remain very uneven globally – with many developing economies, especially in Africa, struggling to mobilise capital for energy infrastructure, the report finds. Today, Africa accounts for just 2% of global clean energy investment. Despite being home to 20% of the world’s population and rapidly growing energy demand, total investment across the continent has fallen by a third over the past decade due to declining fossil fuel spending and insufficient growth in clean energy. To close the financing gap in African countries and other emerging and developing economies, international public finance needs to be scaled up and used strategically to bring in larger volumes of private capital, according to the report. This year’s edition of the World Energy Investment report features an interactive data explorer that enables users to compare energy investments across multiple sectors, fuels and technologies between the periods 2016–2020 and 2021–2025, covering global trends as well as data for 19 individual countries and regions. Source: IEA

UK To Invest $19 Billion In Nuclear Power Plant

The UK government plans to invest 14.2 billion pounds (equivalent to $19.3 billion) in the construction of the Sizewell C nuclear power plant to boost energy security, Energy Minister Ed Miliband has said. “We need new nuclear to deliver a golden age of clean energy abundance, because that is the only way to protect family finances, take back control of our energy, and tackle the climate crisis,” Ed Miliband said in a statement, as quoted by Reuters. Sizewell C is a 3.2 GW nuclear power facility being developed by French EDF. The project was first announced in 2020 with a price tag of around $25 billion. Since then, however, the price has increased twofold, with the developer citing raw material inflation. The UK government originally agreed to shoulder 40% of the total cost, along with EDF, with the rest coming from private investors. The original government share stood at 6.4 billion pounds or $8.7 billion. According to Reuters, the official statement on the new cash injection did not clarify whether the new sum included the original investment.   Source:https://energynewsafrica.com

South Africa: Eskom Spends R3.76 Billion On Diesel Since 1 April 2025

South Africa’s power utility company, Eskom, has promised to reduce its reliance on diesel-fueled open cycle gas turbines (OCGTs) after spending R3.76 billion on diesel since April 1, 2025. The company generated 631.52 GWh of electrical energy. “This is higher than the 246.91 GWh generated during the same period last year,” Eskom said in their statement. The latest data from the power utility shows that Eskom has spent R73 million on diesel per day on average, with the highest amount being an estimated R274 million spent in just one day on April 4, 2025. With this large spending on diesel, Eskom promised in their statement to reduce their reliance on OCGTs by returning capacity to the grid after long-term repairs. The power utility reassured the country that the grid remains stable but strained, reiterating their early May 2025 promise of keeping load shedding at Stage 2 at most and at no more than 21 days until the end of winter in August 2025. However, Eskom’s data shows that the national grid faltered when unplanned outages averaged 15,200 MW over four days between May 31 and June 3, 2025, which exceeded the benchmark set by Eskom of keeping this number between 13,000 MW and 15,000 MW to avoid load shedding. Last week, Eskom reported that they spent approximately R220 million on diesel in seven days starting on Saturday, May 31, 2025.   Source: https://energynewsafrica.com

Ghana: GOIL Slashes Fuel Prices For Second Time In A Week

Ghana’s largest indigenous petroleum downstream oil marketing company, GOIL, has reduced its petrol and diesel prices for the second time within a week in the first pricing window of June, 2025. According to the price update issued on Monday, petrol (RON 91) price has been reduced by 14 pesewas from Gh¢12.52 to Gh¢12.38 per liter, while diesel saw a reduction of 10 pesewas from Gh¢12.98 to Gh¢12.88 per liter. However, the price of petrol (RON 95) remained unchanged. During the first pricing window in June, GOIL sold petrol (RON 91) at Gh¢12.52 per liter, while petrol (RON 95) was sold at Gh¢14.34 per liter, and diesel was sold at Gh¢12.98 per liter. In Ghana, fuel prices are reviewed daily by Oil Marketing Companies (OMCs) based on fluctuations in key factors such as exchange rates, cost of refined petroleum products, and inflation. In contrast, fuel prices are reviewed monthly in other parts of Africa. Since January 2025, Ghana’s currency, the cedi, has appreciated against foreign currencies, particularly the US dollar and pounds. As of Monday, the interbank exchange rate for a dollar was Gh¢10.255. On the international market, gasoline is sold at US$690.10 per metric ton, while gasoil is sold at US$617.13 per metric ton, and LPG is sold at US$464.93 per metric ton. Crude oil prices have been relatively stable, with Brent selling at $67.04 per barrel and WTI sold at $65.33 per barrel as of Monday, June 9, 2025.           Source: https://energynewsafrica.com

Ghana: Moses Asaga Chairs PURC Board

Former Member of Parliament for Nabdam Constituency and former Chief Executive Officer of the National Petroleum Authority (NPA), M. Moses Asaga, has been appointed as the new Board Chairman of the Public Utilities Regulatory Commission (PURC) by President John Dramani Mahama. He replaces Prof. Thomas Mba Akabzaa, who passed away a few weeks ago. Asaga was sworn into office by the Chief of Staff, Hon. Julius Debrah, on Monday, June 9, 2025. During the swearing-in ceremony, Hon. Debrah emphasized the need for transparency in regulating public utilities, urging the new Board and Chairman to uphold the principles of their office. “We were voted into power to take care of the people’s interest,” Hon. Debrah said. “His Excellency the President expects the new Board to strengthen PURC’s oversight role in ensuring affordable, reliable, and sustainable utility services.” Profile of Mr Moses Asaga  Hon. Asaga has a wealth of experience having worked with Daishin Securities & Investments Company, in Seoul, South Korea, as an Economics & Financial Analyst between 1988-1989. He subsequently joined Ecobank Ghana as Assistant Manager/Senior Financial Analyst in the Capital Markets Department between 1990-1992. He was headhunted by the Ghana National Petroleum Corporation (GNPC) and appointed as Senior Financial Analyst, Corporate Finance & Counterparty to Chase in London between 1993-1996. Hon. Asaga gained Managerial skills, executive management leadership skills, boardroom skills, political and economic diplomacy, having served as Chairman of the Board of Ghana Civil Aviation Authority; Board Member, PURC; Board Member, Ghana Commercial Bank, and Board Member, Bank of Ghana In his political life, Hon. Asaga was a Member of Parliament for Nabdam constituency between 1997-2012 (16 years), Ranking Member for the Parliamentary Select Committee on Mines and Energy, Ranking Member, Chairman of the Parliamentary Select Committee on Finance & Economics. He was appointed as Minister for Labour & Social Welfare in 2011. He was appointed as a Deputy Finance Minister, with responsibility for the GRA, Controller, Customs and all revenue agencies, where he was in charge of financial institutions, the banking sector and non-banking financial institutions. At the bilateral level, he was responsible for the African Development Bank, Exim Bank, Arab Bank, DFIs, etc., between 1997-2000. He was also the chairman of the PURC Technical Committee, and was later appointed Chief Executive Officer (CEO) of the National Petroleum Authority, from 2013-2017. During his tenure as CEO of NPA, he supervised, packaged and managed the successful implementation of the Petroleum Price Deregulation introduced by President John Dramani Mahama in 2015/16. Hon. Asaga holds a BSc Industrial Chemistry from the University of Science & Technology (UST) Kumasi, MSc Petroleum Geology Reservoir Management, University of Aberdeen, Scotland, MBA Finance, Yonsei University, Seoul, Korea, MPhil Financial Economics, Durham University, UK.             Source: https://energynewsafrica.com

Kenya: Ketraco Energizes New Transmission Line, Boosting Power Supply In South Nyanza

The Kenya Electricity Transmission Company Limited (KETRACO) has successfully energized the Awendo–Isebania (Masaba) Transmission Line, a significant milestone in improving electricity reliability and supply stability across Migori County and the broader South Nyanza region. The 28-kilometer, 132kV single-circuit line is part of the Kenya Power Transmission Expansion Project (KPTEP), aimed at enhancing access to electricity in underserved regions. The project includes the construction of a new 132kV substation at Isebania (Masaba) and the extension of the existing 132/33kV Awendo Substation. The works were executed by China Aerospace Construction Group Co., Ltd (CACGC), with joint financing from the Government of Kenya and the EXIM Bank of China, at a cost of Ksh 1.32 billion. A new bulk supply point at Masaba will directly serve Isebania, Migori, and Kehancha towns. This strategic upgrade shortens Kenya Power’s distribution lines, significantly reducing the frequency and duration of outages. The improved power quality will benefit key regional institutions, including the Sony Sugar Factory, Migori County Referral Hospital, Getonyanya Sweet Potatoes Factory, and the Isebania One Border Post. The energization is expected to spur growth in small businesses, manufacturing, and investment. KETRACO Managing Director, Dr. Eng. John Mativo, hailed the energization as transformative, stating, “By introducing a new bulk supply point at Masaba, we’re significantly reducing line losses and improving voltage stability.” The energized line sources electricity from the upgraded Awendo Substation, powered by hydroelectric energy from the Sondu plant and geothermal energy from Olkaria.         Source: https://energynewsafrica.com