Ghana: GOIL Cuts Fuel Prices In Response To Cedi’s Appreciation
Ghana’s largest indigenous petroleum downstream oil marketing company, GOIL, has reduced its petrol and diesel prices effective June 2, 2025.
According to the price update, petrol (RON 91) is selling at Gh¢12.52 per liter, while petrol (RON 95) is sold at Gh¢14.34 per liter, and diesel is sold at Gh¢12.98 per liter.
During the last price review in May, GOIL sold petrol (RON 91) at Gh¢13.27 per liter, while petrol (RON 95) was sold at Gh¢15.27 per liter, and diesel was sold at Gh¢13.87 per liter. GOIL’s current fuel prices are lower than some of its competitors.
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 last Friday, the interbank exchange rate for a dollar was Gh¢10.38.
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 $64 per barrel and WTI sold at $60.03 per barrel as of Monday, May 30 2025.
Source: https://energynewsafrica.com
Ghana: Energy Minister Launches Scaling-Up Renewable Energy Programme To Electrify Off-Grid Communities
The Government of Ghana has officially launched a landmark renewable energy project aimed at significantly expanding electricity access in some of the country’s most underserved communities.
The event, held in Lala, Sene East District, Bono East Region, marked the beginning of the Scaling-Up Renewable Energy Programme (SREP), which will provide clean and sustainable electricity to over 70,000 people.
Speaking at the launch, the Minister for Energy and Green Transition, Hon. John Abdulai Jinapor, emphasized the initiative’s importance in transforming rural lives and bridging the energy divide.
“As a Ministry, we are not just installing solar panels or building infrastructure; we are lighting up lives, empowering communities, and bridging the rural-urban energy divide,” he said.
The SREP initiative will involve constructing 35 mini-grids and installing 1,450 solar home systems across the Bono East, Oti, and Savannah regions. Additionally, 12,000 net-metered rooftop solar PV systems will be installed nationwide to support Ghana’s transition toward a greener energy mix.
Hon. Jinapor acknowledged the resilience of remote communities without electricity and called on leaders and residents to actively participate in the construction and management of the new infrastructure. He urged the contractor to engage local artisans during the project.
The Minister highlighted the broader vision of achieving universal electricity access by 2030, revealing that feasibility studies have been completed for 150 island and lakeside communities in the Afram Plains, with plans underway to begin construction of 150 new mini-grids.
“We are confident that by 2030, we will have over 200 mini-grids operational, delivering on our last-mile electrification target of 99.8%,” he declared.
The launch was attended by key stakeholders, including representatives from the Swiss Embassy, the African Development Bank, officials from the Volta River Authority, Electricity Company of Ghana, and the Energy Commission.
Hon. Jinapor expressed gratitude to the Swiss Government and African Development Bank (AfDB) for their continuous support. The project is being implemented in partnership with the Climate Investment Fund, Swiss Government, and the African Development Bank.
The Executive Secretary of the Energy Commission, Ing. Eunice Biritwum (Mrs.), pledged the Commission’s full support and commitment to the successful implementation of SREP.
The Chief Executive Officer of Volta River Authority (VRA), Ing. Edward Kenzo, reaffirmed VRA’s commitment to the long-term sustainability and efficient operation of the mini-grids.
Delivering a speech on behalf of the Swiss Ambassador to Ghana, the Deputy Head of Cooperation, Magdalena Wust, reiterated Switzerland’s commitment to partnering with Ghana to achieve access to affordable, reliable, sustainable, and modern energy for all.
Source:https://energynewsafrica.com
Ghana: Over 1,200 Electricians Sit For Energy Commission’s Electrical Wiring Professionals Examination
A total of 1,206 electrical wiring practitioners are sitting for the Energy Commission’s Certified Electrical Professional Examination for May/June 2025 across the country.
The exams are taking place in Accra, Kumasi, Takoradi, and Tamale for those who registered for the May/June examination.
The examination started over the weekend across all centers, with Accra’s taking place at the Accra Technical Training Centre (ATTC) on Saturday, May 31.
The Energy Commission organizes the exams three times a year. In an exclusive interview, Engineer Stephen N-ebe Yomoh, Assistant Manager at the Energy Commission of Ghana, explained that the examination aims to protect lives and property from avoidable fire outbreaks.
“The Technician Wiring Regulations Law LI 2008 was passed in 2011 to ensure safety in the country,” he said. The law mandates the Energy Commission to establish benchmarks for electrical wiring and installation standards.
Since 2013, the Energy Commission has issued over 17,000 certified certificates to electricians in Ghana. Engineer Yomoh expressed the commission’s plan to increase the number of women electricians by 5% in the foreseeable future, as the current female participation rate is disappointing.
Only 26 female candidates, representing 2% of the total number, are writing the examination this year. Engineer Yomoh emphasized the commission’s goal to certify over 10,000 electricians nationwide within the next five years.
To match current trends, the Energy Commission plans to review the syllabus for the examination soon. Engineer Yomoh encouraged prospective electrical wiring professionals and those practicing without certification to write the examination.
The President of the Certified Electrical Wiring Inspectors Ghana , Elder Appiagei-Kwame Tortu, cautioned illegal operators to regularize their operations by writing the examination.
He emphasized that certified electrical wiring professionals’ work is mostly safe due to inspections.
The Electrical Wiring 2011 LI 2008 mandates that only Certified Electrical Wiring Professionals (CEWPs) can undertake indoor electrical wiring projects under the supervision of the Energy Commission of Ghana. There are three areas of certification: domestic, commercial, and industrial facilities.
Source:https://energynewsafrica.com
Only 26 female candidates, representing 2% of the total number, are writing the examination this year. Engineer Yomoh emphasized the commission’s goal to certify over 10,000 electricians nationwide within the next five years.
To match current trends, the Energy Commission plans to review the syllabus for the examination soon. Engineer Yomoh encouraged prospective electrical wiring professionals and those practicing without certification to write the examination.
The President of the Certified Electrical Wiring Inspectors Ghana , Elder Appiagei-Kwame Tortu, cautioned illegal operators to regularize their operations by writing the examination.
He emphasized that certified electrical wiring professionals’ work is mostly safe due to inspections.
The Electrical Wiring 2011 LI 2008 mandates that only Certified Electrical Wiring Professionals (CEWPs) can undertake indoor electrical wiring projects under the supervision of the Energy Commission of Ghana. There are three areas of certification: domestic, commercial, and industrial facilities.
Source:https://energynewsafrica.com Thirteen Young Africans Win Russian “Atoms Empowering Africa” Video Competition
Russian state atomic corporation Rosatom has announced the selection of thirteen young talented Africans from six African countries for their creative exploration of nuclear technologies’ past, present, and future.
The winners, representing South Africa, Egypt, Kenya, Democratic Republic of Congo, Burundi, and Namibia, are:
Makibi Angel, Ntuli Philasande, Chaba Koketso, Ibrahim Mohamed Mohsen, Farah Ashraf, Omar Ashraf, Samia Ossama, Ibrahim Mansor, Kiilu Immanuel Mwendwa, Tubula Ole Ntome Titus, Muhanzi Guy N’nahano, Abdoul Jansha, and Kezia Henkert.
The “Atoms Empowering Africa” competition, now in its eighth year, continues to inspire young Africans to engage with nuclear science and technology as drivers of the continent’s sustainable future.
This year’s competition invited participants to submit short videos reflecting on three creative themes: “The honour of the past,” “the inspiration of the present,” and “the dream of the future.”
A panel of international experts ensured a fair and equitable evaluation process based on four criteria: originality and novelty of the idea, artistic and conceptual creativity, relevance to the competition’s core themes, and overall production quality.
“The year’s participants truly impressed us with the depth of their ideas and the exceptional quality of their work,” noted Ryan Collyer, CEO of Rosatom Central and Southern Africa.
The winners will travel to Russia, where they will visit iconic nuclear industry sites, including the Atom Pavilion at VDNKh in Moscow.
This experience aims to deepen their understanding of peaceful nuclear technologies while fostering cultural and educational connections.
Source: https://energynewsafrica.com
Tanzania Targets 80% Usage Of Clean Cooking With National Awareness Campaign Launch On June 2
Tanzania has set an ambitious target of achieving 80% adoption of clean cooking practices by 2034.
To promote this goal, the Ministry of Energy is collaborating with the United Nations Capital Development Fund (UNCDF) to launch the National Clean Cooking Communication Strategy and National Clean Cooking Awareness Campaign on Monday, June 2, 2025.
The launch event, scheduled to take place at the PSSSF Hall in Dodoma, aims to rally Tanzanians to adopt clean cooking energy.
Deputy Prime Minister and Minister for Energy, Hon. Dr. Doto Mashaka Biteko, will be the Guest of Honor.
According to the Permanent Secretary of the Ministry of Energy, Engineer Felchesmi Mramba, the strategy focuses on increasing public awareness about the benefits of clean cooking energy, encouraging behavioral changes, promoting investment, and creating a supportive policy environment.
The campaign will utilize various communication methods, including national and international media, traditional leaders, social media, and training for government officials to reach out to various groups of urban and rural citizens, women and youth, health care providers, local government leaders, civil society organizations and the private sector.
The campaign strategy was prepared by the Ministry of Energy in collaboration with the United Nations Capital Development Fund (UNCDF), under the sponsorship of the European Union (EU), including a National Awareness and Education Campaign on the Use of Clean Cooking Energy.
The Ministry of Energy will also receive two vehicles to support the national campaign.
Source: https://energynewsafrica.com
Ghana: Africa Is New Nerve Centre for Energy – Says AETC Founder
The founder and president of the Africa Energy Technology Centre (AETC), Emilia Akumah, has expressed optimism that Africa will become a hub for global energy discussions and policies driving industry development.
She emphasized the need to revolutionize the energy technology landscape, innovation, and energy projects to attract investments.
Speaking at the 2025 AETC opening under the theme “Innovate, Invest, Implement: Revolutionizing Financing for Sustainable Energy Sector Growth in Africa,” Akumah noted that the conference offers unparalleled opportunities for collaboration, investment, and sponsorship to drive energy sector development and innovation.
“The conference aims to revolutionize the energy technology landscape, ensuring investments are profitable, socially responsible, and environmentally sustainable,” she stated.
Akumah emphasised the importance of innovation, diverse investments, and effective project implementation for Africa’s sustainable energy future.
She further stressed that embracing a culture of innovation, revolutionizing financial models, and focusing on practical project execution would enable Africa to lead the global energy landscape.
“Africa can lead the global energy landscape by ensuring access, affordability, and sustainable energy for all,” she emphasised.
In a separate address, Francesco La Camera, Director-General of the International Renewable Energy Agency (IRENA), highlighted the need for approximately $2.5 billion to drive renewable energy initiatives, mitigate environmental degradation, and promote sustainable development.
He emphasised the importance of concerted efforts and rapid renewable energy deployment.
Source:https://energynewsafrica.com
Zambia: Energy Minister Launches NEAT Project To Expand Rural Electrification By 2030
Zambian Minister for Energy Makozo Chikote launched the National Energy Advancement Transformation (NEAT) project in Itezhi Tezhi District, reaffirming the government’s commitment to accelerating access to reliable and sustainable energy in rural communities.
The NEAT project aims to expand rural electricity access through a strategic combination of grid extension and off-grid renewable energy solutions, aligning with the Eighth National Development Plan (8NDP) and the country’s green growth agenda.
The project’s key objectives include increasing electricity access in rural areas, promoting clean and renewable energy technologies, improving economic opportunities, and supporting sustainable development.
Minister Chikote emphasized that rural electrification is a top priority, with the goal of connecting most rural households by 2030.
“No Zambian should be left behind in our journey towards energy equity,” he said, highlighting the reduced electricity connection fee from K4,800 to K300.
REA Board Chairperson Bruce Jaani praised the initiative’s transformative potential, expecting over 15,000 rural households to benefit from electricity access in 2024.
He encouraged communities to connect their homes to the grid and adopt off-grid solutions where necessary.
The Director of Power Generation, Ernest Banda, who represented ZESCO Managing Director Justin Loongo, reaffirmed ZESCO’s dedication to supporting the NEAT program.
“We are pleased to partner with the Rural Electrification Authority and the Ministry of Energy to actualize the NEAT project,” Mr. Banda stated.
“Together, we remain committed to making electricity accessible to all Zambians, regardless of location.”
Source:https://energynewsafrica.com
Chevron To Cut Nearly 800 Jobs In Texas Permian Basin By July 15
Chevron Corp., an American oil and gas firm, plans to lay off nearly 800 employees in the Permian Basin by July 15, 2025, according to a filing with the Texas Workforce Commission.
This region is the company’s largest oil-production operation globally. Most reductions will come from Chevron’s Midcontinent campus near Midland, Texas.
“Chevron is taking action to simplify our operating model, execute work faster and more effectively,” the company stated.
“This is a difficult decision, and we do not make it lightly.”
Chevron is undergoing a significant restructuring, aiming to reduce its global workforce by up to 20% (9,000 people) by the end of 2026.
CEO Mike Wirth aims to reduce structural costs by $3 billion, enhancing efficiency and resilience to low oil prices.
Despite the job cuts, Chevron’s Permian production is projected to reach 1 million barrels of oil equivalent per day (boed) soon, accounting for nearly a third of the company’s global output. Wirth expects the operation to plateau in the latter half of the 2020s as the company focuses on reduced spending and higher free cash flow.
“We understand the impact this news may have on our employees, their families, and the communities where we operate,” Chevron said, adding that it will offer severance benefits and job seekers’ support to affected employees.
Source:https://energynewsafrica.com
Nigeria: TotalEnergies Sells Stake In Bonga Field To Shell For $510 Million
French multinational oil and gas firm TotalEnergies has announced the sale of its 12.5% non-operated interest in the OML 118 Production Sharing Contract (PSC) to Shell for $510 million.
The OML 118 PSC, operated by SNEPCo (55%), is a partnership between Esso Exploration and Production Nigeria (20%), TotalEnergies EP Nigeria (12.5%), and Nigerian Agip Exploration (12.5%).
Located 120 km south of the Niger Delta, the block contains the Bonga field, which started production in 2005, and the Bonga North field, which began development in 2024.
The OML 118 PSC produces approximately 11,000 barrels of oil equivalent per day (boe/d) in TotalEnergies’ share.
The transaction is subject to customary conditions, including regulatory approvals.
Commenting on the sale agreement, Nicolas Terraz, President of Exploration & Production at TotalEnergies, stated, “TotalEnergies continues to actively high-grade its upstream portfolio, focusing on assets with low technical costs and low emissions, and lowering its cash breakeven.”
Terraz added, “In Nigeria, the company is focusing on its operated gas and offshore oil assets, currently progressing the development of the Ubeta project to sustain gas supply to Nigeria LNG.”
Source:https://energynewsafrica.com
South Africa: ZX Lidars Deploys ZX TM Wind Lidar To Optimize Wind Farm Performance
ZX Lidars and Globeleq South Africa Management Services have announced the deployment of a ZX TM wind Lidar at the Klipheuwel Wind Farm in South Africa.
This installation aims to provide critical insights into complex wind conditions affecting turbine performance and maintenance.
The ZX TM wind Lidar will assess approaching wind flow patterns, helping to understand factors contributing to component degradation. Additionally, the technology will be used for power curve verification and yaw misalignment checks, supporting enhanced operational efficiency and asset longevity.
Chris Slinger, Senior Scientist at ZX Lidars, commented on the project: “Our technology delivers precise wind data in real-time, informing optimizations to yield improved performance, reduced component stress, and greater reliability. The data collected to date has been invaluable, and we look forward to working together with the team as the project progresses.”
Nico Lombard, Asset Manager at Globeleq South Africa Management Services, added: “The ZX TM wind Lidar has been operational on this complex site for several months, and we are delighted to have already identified some areas for improvement. The ZX TM helps analyze wind shear, turbulence intensity, and directional changes, providing a deeper understanding of wind behavior at the site. This information is crucial for optimizing turbine performance and minimizing mechanical stress.”
Source: https://energynewsafrica.com
Global Renewable Power Installed Capacity To Surge To 11.2TW By 2035, Forecasts Globaldata
The power sector globally is experiencing a notable growth in renewable energy sources, propelled by an array of factors such as technological progress, policy incentives, and a heightened awareness of the imperative for sustainable energy solutions.
Consequently, renewable energy sources, particularly solar photovoltaic (PV) and wind energy, are gaining a larger share in the energy portfolio.
Driven primarily by declining costs and strong policy support, particularly for solar PV and wind energy, the global renewable power installed capacity is estimated to surge from 3.42TW in 2024 to 11.2TW by 2035, according to GlobalData, a leading data and analytics company.
GlobalData’s latest report, “Renewable Energy: Strategic Intelligence”, reveals that the global renewables market expanded from a cumulative installed capacity of 0.93TW in 2015 to 3.42TW by the end of 2024, representing a compound annual growth rate (CAGR) of 16%. The total cumulative installed capacity is projected to record a CAGR of 11% during the period 2024-35.
Solar PV and wind power were significant contributors to the renewable energy sector, accounting for 56% and 33% of the total installed capacity in 2024, respectively.
The Asia Pacific (APAC) region has emerged as the largest market for solar PV and wind installed capacity, boasting 1.18TW and 0.67TW in 2024, respectively.
Rehaan Shiledar, Senior Power Analyst at GlobalData, comments: “As the costs of solar photovoltaic (PV) and wind technologies continue to decline, these renewable energy sources are increasingly appealing to investors. Also, energy transition strategies, coupled with a rising demand for electricity—partly fueled by the emergence of hydrogen energy and the advent of artificial intelligence—will propel the market growth for renewable energy sources.”
Artificial intelligence (AI) is transforming the renewable energy sector by enhancing generation optimization, advancing grid management, and increasing efficiency across multiple systems. AI algorithms possess the capability to forecast renewable energy production, oversee grid operations in real-time, and refine energy storage strategies. These advancements contribute to heightened reliability and efficiency, thereby rendering renewable energy more effective and economical.
Leading offshore wind developers such as TotalEnergies, Corio Generation, EnBW, RWE, and Statkraft are leveraging digital platforms to enhance the efficiency of wind farm project development.
Similarly, solar power developers such as NextEra Energy, EDF and ENGIE are employing machine learning models to enhance the efficiency of solar PV facilities.
Shiledar continues: “The renewable energy sector stands on the cusp of substantial growth, with the solar PV and wind power industries at the forefront. Moreover, the worldwide pledge to curtail carbon emissions has cultivated a regulatory landscape conducive to investments in these sustainable energy alternatives.”
Solar PV systems are poised to spearhead new investments, outpacing both onshore and offshore wind sectors. In 2024, solar PV garnered $329.1 billion in investments. In contrast, onshore wind investments stood at $151.2 billion, while offshore wind investments reached $69.6 billion by the end of 2024. Looking ahead, the onshore wind sector is forecasted to grow to $186.9 billion and the offshore wind sector to $150.4 billion by 2030. These figures correspond to a CAGR of 4% for onshore wind and an impressive 14% for offshore wind, signaling robust growth trajectories for these renewable energy sources.”
Shiledar concludes: “Solar and wind power stand at the vanguard of the renewable segment, rapidly becoming cost-competitive with traditional fossil fuels. They are anticipated to dominate electricity generation in the near future. While the global community is committing to the expansion of renewable energy sources, the US appears to be slowing the pace of renewables growth in favor of prioritizing fossil fuels.
“Tariffs and offshore wind lease restrictions policy by the Trump administration are significantly impacting the renewable energy industry. Nonetheless, the global commitment to reduce carbon emissions, technological advancements, and demand for cleaner energy solutions will accelerate the adoption of renewable energy across the globe.”
Source: https://energynewsafrica.com
Ghana: Eni And OCTP Partners Kick-Start Drilling Campaign In Sankofa East 1X Side Track 2
Eni Ghana, a subsidiary of the Italian oil and gas major, together with its OCTP partners Vitol Upstream Ghana Ltd (Vitol) and Ghana National Petroleum Corporation (GNPC), has started a drilling campaign in the Sankofa East 1X Side Track 2.
This milestone marks a significant step in the further development of Ghana’s upstream energy sector.
The drilling activities began following the arrival of the Deep Value Driller (DVD), a state-of-the-art drillship, after completing operations in Côte d’Ivoire.
Equipped with advanced automated technology, the rig ranks among the most advanced in the world in terms of operational performance and safety.
According to Eni, this activity reflects the partners’ ongoing commitment to unlocking additional value from the Offshore Cape Three Points (OCTP) block, ensuring long-term production sustainability, and contributing to Ghana’s energy security.
Ahead of the campaign, Eni and its OCTP partners carried out comprehensive stakeholder engagement programs along Ghana’s coastline, engaging over 800 fishermen and local leaders.
These programs were conducted in collaboration with the Environmental Protection Agency (EPA), Petroleum Commission (PC), Ghana Maritime Authority (GMA), Ghana Navy, Fisheries Commission, and the Ghana National Canoe Fishermen Council (GNCFC).
Eni has been present in Ghana since 2009, with offshore hydrocarbon exploration and production activities, and an equity production of about 34,000 barrels of oil equivalent per day.
The company operates the OCTP project with a 44.4% share, in partnership with Vitol (35.6%) and GNPC (20%).
The joint venture’s portfolio includes initiatives in training, economic diversification, access to water and sanitation, and access to energy.
Source:https://energynewsafrica.com
Ghana: One Person Killed After Fuel Tanker Collides With Truck
One person was killed on Wednesday after a Man-Diesel fuel tanker and a HOWO truck collided at the Kintampo Waterfalls junction on the Kintampo-Tamale highway.
According to the Ghana National Fire Service (GNFS), the service received a distress call at about 12:14 pm regarding the collision between a Man-Diesel fuel tanker with registration number GN-4895-20 and a HOWO truck with registration number GE-555-23.
The GNFS responded quickly, dispatching a crew led by ASTNO Bismark Bonnah Frimpong. Upon arrival, the crew rescued one of the drivers who was trapped alive.
The GNFS explained that four injured passengers had been rescued earlier and transported to the hospital, while one motionless person was retrieved from the HOWO truck at the scene.
Both vehicles’ cowls were damaged beyond repair, although the fuel tanker was empty at the time. The GNFS has launched an investigation into the accident to determine its cause
Source: https://energynewsafrica.com
Tanzania: Puma Energy Eyes LNG, LPG Opportunities With New Strategy
Puma Energy Tanzania is set to revamp its strategic business plan, focusing on emerging opportunities in the energy sector, particularly in liquefied natural gas (LNG) and liquefied petroleum gas (LPG).
The company’s global CEO, Mark Russel, led a delegation to the Office of the Treasury Registrar on May 27, where they met with Treasury Registrar Nehemiah Mchechu.
Mchechu emphasized the importance of timely strategic realignment for sustained performance and enhanced shareholder value, directing the company to review its business strategy within the year, with implementation expected to commence in January 2026.
Puma Energy Tanzania is a joint venture between the government of Tanzania and Puma Investments Limited, with each party holding a 50% stake. Mchechu reaffirmed the government’s commitment to its investment, describing Puma as a strategic national asset that ensures government presence in the energy sector.
Russel expressed confidence in Tanzania’s growth potential, citing opportunities in LNG and LPG projects.
He stated that the company aims to expand its distribution network and retail product offerings, working closely with the government to identify and unlock these opportunities.
The Head of Africa, Ben Quattara, highlighted Tanzania’s strategic importance within Puma Energy’s African operations, emphasizing the company’s commitment to investing, growing, and enhancing its portfolio in the country.
The Managing Director of Puma Energy Tanzania, Fatma Abdallah, reported strong local performance, including a 51% increase in profit for 2024, with dividend announcements expected in June 2025.
She outlined key projects, such as the construction of Compressed Natural Gas (CNG) stations and the expansion of the LPG business to new regions, including Dodoma, Mwanza, and Arusha.
Source:https://energynewsafrica.com