The company highlighted its partnership with Petronas, a leading global lubricant manufacturing company, to strengthen its position in the high-end lubricants market. This strategic move is part of a broader business plan.
With consumer expectations shifting towards price and value-added offerings, MISA Energy remains committed to delivering premium service while adapting to market trends.
The discussions concluded with a shared commitment to explore future collaborations that will create a greater positive impact in Ghanaian society.
“We are honoured to host the Embassy of Switzerland team and share our journey, vision, and commitment to innovation and community service,” said Mr. Brent Nartey, CEO of MISA Energy Ghana Ltd.
“As we move forward under our new identity, we look forward to building partnerships that fuel both progress and purpose.”
Source: https://energynewsafrica.com Ghana: Embassy Of Switzerland Meets With MISA Energy Ghana Ltd Following Strategic Rebrand
The company highlighted its partnership with Petronas, a leading global lubricant manufacturing company, to strengthen its position in the high-end lubricants market. This strategic move is part of a broader business plan.
With consumer expectations shifting towards price and value-added offerings, MISA Energy remains committed to delivering premium service while adapting to market trends.
The discussions concluded with a shared commitment to explore future collaborations that will create a greater positive impact in Ghanaian society.
“We are honoured to host the Embassy of Switzerland team and share our journey, vision, and commitment to innovation and community service,” said Mr. Brent Nartey, CEO of MISA Energy Ghana Ltd.
“As we move forward under our new identity, we look forward to building partnerships that fuel both progress and purpose.”
Source: https://energynewsafrica.com South Africa: Over 40 Companies Nominated For Awards At Upcoming African Energy Week In Cape Town
- SLB – for its commitment to redefining sustainability through bold action on climate and community impact.
- TotalEnergies – for its expanded low-carbon portfolio and efforts to achieve carbon neutrality by 2030.
- bp – for its transformation into an integrated energy company, embedding ESG principles across all operations in Africa.
- Eni – for its integrated approach to decarbonised solutions and community-driven development.
- ExxonMobil – for its commitment to sustainable development through the expansion of its STEM Africa Initiative.
- Egbin Power – for its role in driving industrial and economic growth across Nigeria.
- NOV – for its commitment to delivering advanced technologies and services that support oil, gas and renewable developments.
- Technip Energies – for its drive to transform African energy through cutting-edge project execution and engineering excellence.
- AGL – for its role as the backbone of energy logistics in Africa.
- Northern Ocean – for its services in high-spec offshore drilling, bringing ultra-deepwater expertise and world-class assets to African waters.
- Odfjell Drilling – for its push to expand offshore drilling and well services and role in several high-impact wells in West and Southern Africa.
- Levene Energy Holdings – for setting a new benchmark for African-led energy development through its deep commitment to local content and empowerment.
- Colibri Business Development – for its role as a vital link between global investors and African local content opportunities.
- Technip Energies – for embedding local value into every stage of its African projects.
- Perenco – for its commitment to local talent development remaining a cornerstone of its operating philosophy.
- EGLNG – for its contributions as one of the country’s strongest champions of local capacity.
- Woodside – for its collaborations and commitment to embedding skills development at every stage of the project lifecycle.
- Greater Tortue Ahmeyim – for setting the standard for regional collaboration and local content development.
- Petroleum Commission of Ghana – for its active pursuit of upstream investment through a series of targeted regulatory reforms and incentives.
- SANEDI – for driving South Africa’s clean energy transition through innovative programs that promote efficiency.
- Ministry of Petroleum Resources, Nigeria – for advancing one of the country’s most ambitious energy sector reform programs in decades.
- Ministry of Mineral Resources, Petroleum and Gas, Angola – for reshaping Angola’s oil and gas sector through bold reforms and forward-looking policy.
- Ministry of Oil and Gas, Libya – for its rollout of targeted policy improvements that continue to revitalize investment across the energy sector.
- Eni – for achieving significant exploration and production breakthroughs in Ghana, Ivory Coast, Namibia and the Republic of Congo in 2025.
- Azule Energy – for delivering several milestones, including an offshore gas discovery and the start of the Agogo FPSO, in 2025.
- bp – for its exploration efforts in Egypt’s West Nile Delta.
- Nigeria National Petroleum Company – for successful exploration endeavors that yielded major discoveries.
- Rhino Resources – for its offshore success in Namibia, including light oil discoveries in Block 2914A.
- African Export-Import Bank – for its $1.35 billion working capital facility for the Dangote Petroleum Refinery and Petrochemical Complex.
- Gabon Oil Company – for the $307 million acquisition of Tullow Oil’s entire Gabonese portfolio.
- bp – for the launch of Arcius Energy, enhancing Egypt’s role as a strategic regional energy supplier.
- Vitol – for its acquisition of a 30% interest in the Baleine oil and gas project in Ivory Coast and 25% stake in the Congo LNG project.
- ConocoPhillips – for emerging as a driving force behind the Bioko Island Malaria Elimination Project in Equatorial Guinea.
- Chevron – for making a lasting impact in Africa through community-driven development programs.
- Oando Energy Resources – for its deepened community engagement through programs focused on youth empowerment, education and environmental protection.
- Seplat Energy – for delivering transformative CSR programs in education, health and environmental sustainability.
- DIXSTONE & Perenco Gabon – for the launch of Gabon’s first offshore gas monetisation project using an FLNG solution.
- EGLNG – for successfully advancing from phase one to new phases at the Gas Mega Hub.
- NLNG – for the Train 7 expansion at the Nigeria LNG plant, reaching 80% completion in 2025.
- Greater Tortue Ahmeyim – for the start of production at phase one, signalling a step towards creating a regional LNG hub.
- Otakikpo Joint Venture (Green Energy International & Lekoil) – for the inauguration of a 12 million cubic feet extraction facility and 20 MW gas-to-power plant in Nigeria.D
Niger Seeks Togo As Partner For Its Salkadamna Coal Project After Burkina Faso And Mali
Launched originally in the 1980s and revived in 2014, the Salkadamna coal complex targets the exploitation of approximately 69 million tonnes of regional coal reserves. It will build a thermal power plant with a capacity exceeding 5,200 MW, an open-pit mine, high-voltage transmission lines, and a coal briquette factory producing 100,000 tonnes annually.
Niger plans to generate massive electricity from locally mined coal, supplying domestic demand and exporting surplus power to neighbors. By joining the initiative, Togo could significantly reduce its dependence on imported oil, which currently powers much of its thermal electricity generation.
At present, Togo relies heavily on diesel and imported fuel oil for electricity. Integrating coal power from the region offers a chance to diversify the energy mix and shield the country from volatile international fuel prices.
The project also promises to bolster Togo’s energy security amid geopolitical tensions and global energy market fluctuations. Salkadamna could stabilize electricity supplies for the entire region.
Minister Haoua said the project is well advanced in Niger, with a 600 MW pilot phase underway. However, it requires participation from other countries to scale up. The initiative involves Niger’s WANDA GROUP, alongside Chinese firm HEC and Indian company Kalpa-Taru, structured as a public-private partnership.
Source: https://energynewsafrica.com Nigeria: NNPCL, PTDF Sign Deal To Drive Innovation In Oil, Renewable Energy
Saudi Arabia: Aramco Signs $11 Billion Deal With Consortium For Jafurah Gas Project
Kenya: EPRA Reduces Petrol, Kerosene Prices By Ksh. 1
Ghana: Fuel Tanker Accident Claims Four Lives, 14 Injured At Asukawkaw Market
Tanzania: Energy Minister Launches Tanesco Initiative To Distribute Over 11,000 Electric Cookstoves
Dr Biteko said this research clearly demonstrates that cooking with electricity for all Tanzanians is achievable.
The Minister revealed that Tanzania’s total generation capacity as at the end of July 2025 stood at 2,720MW, but the national grid demand for the same period is 1,921MW. This means there is a surplus of more than 799 megawatts.
He commended Tanesco for coming up with an initiative to utilise the surplus power and expressed the hope that beneficiaries would become ambassadors in their communities, including neighbours, friends, relatives, and family members.
“Let us be ambassadors of clean energy, demonstrate positive change, and contribute to protect our environment and the health of our people.
“Let us also intensify our efforts and strategies to ensure we deliver education on the use of clean cooking energy to all Tanzanian communities.
“He further urged other public and private institutions to follow this example to advance the clean cooking energy agenda,” he added.
Source: https://energynewsafrica.com Ex-Pemex CEO Arrested In U.S., Faces Corruption Trial ln Mexico
Nigeria: NNPC Limited Secures Landmark Court Victory, Escapes Paying Over $3.2Million In Damages
Russia: 66 Schoolchildren, Including A Ghanaian, Join Rosatom’s Icebreaker Of Knowledge Expedition
Russian and foreign scientists, engineers, specialists in the nuclear and space industries, well-known bloggers, and science popularizers will also take part in the expedition. The list of speakers includes Topan Setiadipura, Head of the Reactor Technologies Research Center at the National Research and Innovation Agency (BRIN) of Indonesia; Suang Trung Le, Director of the Nuclear Physics Center of the Nuclear Physics and Technology Institute at the Vietnam Institute of Atomic Energy; Alexander Tyunin, Director General of Rosatom Composite Technologies; Leonid Dedyukha, an unpaid advisor to the Minister of Education of the Russian Federation, winner of the All-Russian contest “Teacher of the Year” in 2024, Ambassador of the Atomic Lesson project; Andrey Babkin, test cosmonaut, Deputy Commander of the Roscosmos Cosmonaut Team, and many others.
In his address to the participants of the ceremony for the “Icebreaker of Knowledge” Arctic expedition set off, Grigory Gurov, head of the Youth Affairs Federal Agency and an expert on the “Icebreaker of Knowledge 2025” expedition, pointed out: “Visiting the North Pole is a dream for many people, comparable to going into space. Joining Rosatom’s international Arctic expedition on a nuclear icebreaker is a truly unique opportunity.
“Those who have been chosen for this trip had to work hard to earn it and to prove that they are the best of the best. This year’s competition set a record with more than 1,400 people applying for each place. In total, over 63,000 Russians and 4,000 citizens from other countries applied. For some, this was their first major success, showing that everything is achievable if you dream. Thanks to decisions made by the President of Russia, young people have the opportunity to realize their potential, brave ideas, and dreams through the national project ‘Youth and Children’.”
Yakov Antonov, Director General of Atomflot (Rosatom’s company), spoke about the importance of the international Arctic expedition of Rosatom: “2025 marks 500 years since Russia began to develop the Northern Sea Route, a unique route from Europe to the Far East. We never cease to be proud of the feat of our pioneers, who fearlessly, step by step, overcame the difficult path to incredible discoveries. Russia is the only country in the world that has a nuclear icebreaker fleet, and I am sure that on the Icebreaker of Knowledge voyage, schoolchildren will be inspired by the vastness of the Arctic, and in the future, they will become new discoverers, creators of breakthrough technologies, which we will also be proud of.”
The scientific and educational project “Icebreaker of Knowledge” has been organized by the Atomic Energy Information Centres network with the support of Rosatom. It aims to promote natural sciences and nuclear technology, discover and support talented and gifted young people, develop their skills, and offer them career guidance. The selection for the expedition was open to schoolchildren aged 14-16 from 21 different countries.
In the sixth season of the “Icebreaker of Knowledge” project, more than 67 thousand schoolchildren from around the world competed to join the expedition. The winners have been chosen based on multi-stage selection processes and the results of the “Main Recess” competition, Sirius education programs, the Russian intellectual game championship “Knowledge. Game,” and the selection among participants in the Rosatom Junior Movement.
About 4,000 schoolchildren from 20 different countries participated in the competitive selection process. These countries included Armenia, Bangladesh, Belarus, Bolivia, Brazil, and others. A record number of applications were received from Kyrgyzstan (471 participants), India (492 participants), and Bangladesh (841 participants).
Over the six seasons of the project, more than 400 talented schoolchildren have become participants in Rosatom’s Arctic expeditions. In 2024, the Arctic expedition of Rosatom became international with participants from 15 countries. The “Icebreaker of Knowledge 2025” project is part of the plan of events to prepare for and celebrate the 500th anniversary of the beginning of Russia’s development of the Northern Sea Route, the celebration of which was established this year by the decree of Russian President Vladimir Putin (dated March 10, 2025).
The Northern Sea Route (NSR) is the shortest shipping route connecting the western part of Eurasia and the Asia-Pacific region. This is a national transport artery of Russia with a long history of development.
The first reference to the route along the seas of the Arctic Ocean dates back to 1525, when Russian diplomat Dmitry Gerasimov put forward the idea of using it for maritime communication between Russia and China. From that moment on, the Russian history of the development of the Northern Sea Route began. In 2025, Russia celebrates the 500th anniversary of the NSR development.
Russia is the only country in the world with a fleet of nuclear icebreakers operated by Rosatom’s Atomflot. Today, the fleet includes eight vessels.
In 2025, the Russian nuclear industry celebrates its 80th anniversary. The Soviet Union is the pioneer and world leader in the peaceful use of nuclear energy. Russian scientists built the first world’s nuclear power plant in Obninsk in 1954. The first nuclear icebreaker Lenin was built in 1960 to help explorers of the Arctic.
Today, Rosatom continues to develop advanced technologies and apply them in various industries. The corporation is building nuclear power plants that provide clean energy to hundreds of millions of people in dozens of countries worldwide.
It also ensures the logistics for the Northern Sea Route, produces new materials, develops and manufactures nuclear medicine products. The main theme of this anniversary year can be expressed in three words: pride, inspiration, and dream. Atomists are proud of the feats of the industry founders and feel inspired by the achievements of the previous generations.
They plan to continue exploring new frontiers and expand the boundaries of what is possible. The 80th anniversary of the industry is set to be celebrated with a series of events, the main one of which, the international forum “World Atomic Week”, will take place in Moscow this autumn.
Source: https://energynewsafrica.com South Africa: Western Cape High Court Blocks TotalEnergies Oil Project
Saudi Wealth Fund Slashes $8 Billion In Megaproject Values Amid Oil Price Woes
The Saudi Private Investment Fund has written down $8 billion from the value of the Saudi state’s megaprojects over the past year as they struggle to move forward amid budget overruns combined with weaker oil prices.
According to a Financial Times report that cited an unnamed source, Saudi Arabia’s sovereign wealth fund’s investments in projects, including the smart city Neom, at the end of 2024 were worth the equivalent of $56 billion. This was down by 12.4% from the previous year, the report said. “There were impairments to certain projects primarily relating to global economic market conditions, changes to operational plans and increases in budgeted costs,” the unnamed source told the Financial Times. Last month, the media reported that the Saudi government was reassessing the scope and timeline of the $500-billion Neom project aimed at diversifying the Saudi economy away from crude oil. Per those reports, the reassessment was launched in response to deepening financial strain across the kingdom’s Vision 2030 infrastructure program. The move comes amid mounting vendor arrears and a liquidity crunch that has prompted an urgent reallocation of energy-sector capital and personnel. It is these megaprojects that make Saudi Arabia’s breakeven oil price so high—quite a bit higher than current oil prices. Because of this price environment, economists earlier this year warned that the kingdom would have to reduce its spending plans by more than what Riyadh planned for this year, which was a 3.7% reduction in spending. “A sharper and sustained fall in the oil price would require a deeper retrenchment in government spending to contain the size of the shortfall and the building in government debt,” Monica Malik, the chief economist of Abu Dhabi Commercial Bank, told the Financial Times at the time. “There would also likely be some further adjustment and recalibration to the off-budget investment plans,” she added. Source: Oilprice.com

