Ghana: NPA To Hold Consumer Week In Ashaiman Tomorrow

Ghana’s petroleum downstream regulator, the National Petroleum Authority (NPA), will on Tuesday hold this year’s Consumer Week Celebration at the Kofi Nimo Park in Ashaiman, in the Greater Accra Region. The annual event is expected to attract key stakeholders in the petroleum downstream sector and will be held under the theme, “LPG: A Sustainable Energy for a Better Tomorrow.” This year’s celebration will focus on promoting the safe and sustainable use of Liquefied Petroleum Gas (LPG) as part of the government’s broader energy transition agenda. The event aims to raise public awareness about the importance of LPG as a cleaner and more environmentally friendly fuel alternative. The celebration will feature interactive exhibitions, safety demonstrations, and educational sessions to sensitise consumers on best practices in LPG usage, handling, and storage. Representatives from LPG marketing companies, oil marketing companies, and civil society organisations are expected to participate in the event.

Togo: Energy Ministry Launches US$10.5 Million Power Grid Upgrade To Improve Reliability

Togo’s Ministry of Energy has launched a CFA 6 billion (approximately US$10.5million) project to upgrade the national power grid in six major cities, a move aimed at improving electricity reliability and expanding access across the country. The initiative targets six major cities—Aného, Atakpamé, Kpalimé, Kara, Sokodé, and Dapaong—where the government seeks to strengthen the reliability of electricity supply and support growing urban demand, according to the Ministry of Energy, as cited by Togo First. The project is being financed through a CFA 6 billion loan from the ECOWAS Bank for Investment and Development (EBID). According to the Ministry of Energy, the project involves the rehabilitation of 61 kilometers of medium-voltage lines, the installation of 61 new transformer stations, and the laying of 234 kilometers of low-voltage lines. The ministry estimates that the upgrades will connect about 10,000 households and small businesses across the six municipalities. The initiative aims to modernize Togo’s aging electricity network, which has struggled to keep pace with rapid population growth. In recent years, urban expansion has frequently led to voltage drops and power outages. Through this project, Togo is advancing its national strategy for universal access to electricity by 2030, with an interim goal of achieving 75% national coverage by the end of 2025.

Nigeria: Dangote Refinery Cuts Petrol Price To ₦828/Litre, Offering Relief To Nigerians

Africa’s largest petroleum refinery, Dangote Refinery, in the Federal Republic of Nigeria, has slashed the gantry price of Premium Motor Spirit (PMS), popularly known as petrol, to ₦828 ($0.5492) per litre from ₦877 ($0.5986) per litre — representing a 5.6 percent decrease, according to Vanguard, which cited credible sources. This reduction is certainly good news for petroleum consumers. According to Vanguard, the drop in prices is attributed to a newly strengthened crude supply arrangement between Dangote Refinery and NNPC Limited under the naira-for-crude framework. NNPC Ltd is expected to supply the 650,000-barrel-per-day refinery with five December-loading crude shipments, including Amenam, Bonny Light, Forcados, and Qua Iboe. In addition, Petroleumprice.ng reported: “The price adjustment is expected to bring some relief to fuel marketers and consumers nationwide, following weeks of elevated pump prices. Depot operators in Lagos confirmed that loading at the new price commenced early Friday, with expectations of a corresponding drop at retail outlets in the coming days.” Dangote’s gantry price stood at ₦877 per litre as of October 17, 2025, placing it below the average “into-tank” cost of imported fuel in Lagos and the ship-to-ship (STS) value at Lome, Togo.  

Zambia: Energy Minister Breaks Ground For 200MW Solar Project In Mumbwa

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Zambia’s renewable energy sector continues to attract major investment, as Energy Minister Makozo Chikote last week broke ground for a US$245 million, 200-megawatt solar power project in Chief Moono’s Chiefdom, Mumbwa District. The project, a joint venture between Zambian and Hungarian investors, reflects growing international confidence in Zambia’s ongoing energy sector reforms. Speaking at the ceremony, Chikote said the project marks a major milestone in the nation’s efforts to expand clean energy infrastructure and reduce dependence on hydropower. He assured the public that several renewable and thermal energy projects under construction across the country will soon begin supplying power to the national grid, improving electricity access for households and businesses. The minister commended traditional leaders for releasing land to investors, noting that such partnerships are key to developing infrastructure that benefits communities for generations. He also empathised with citizens facing reduced electricity hours and reaffirmed the government’s commitment to delivering sustainable energy solutions to stabilise supply and drive economic growth. ZAHU Energy Solutions Limited (ZESL) Chief Executive Officer Ignitius Hangoma said the project includes a five-kilometre transmission line linking the plant to ZESCO’s Nambala Substation, along with battery storage to enhance supply reliability. Construction is expected to last 18 months, creating more than 200 direct jobs and opportunities for local suppliers. Hangoma said ZESL will also implement environmental management measures and support community initiatives, including improved access to clean water and assistance to nearby schools. He noted that the investment aligns with Zambia’s Vision 2030 and demonstrates the government’s commitment to translating policy into action. ZESCO Acting Managing Director Eng. Wesley Lwiindi said the 236-hectare project will bolster grid stability and reduce overreliance on hydropower, while fostering skills development and economic growth in the local community. “ZESCO is not only a power utility; we are a strategic partner in national development. This project demonstrates the strength of collaboration between the private sector and public institutions,” Lwiindi said. Central Province Minister Mwabashike Nkulukusa assured stakeholders that the investment is secure and will deliver long-term benefits, citing visible results from ongoing policy reforms. He encouraged more investors to explore opportunities in the province and urged communities to safeguard the facility for future generations. Mumbwa Member of Parliament and Southern Province Minister Credo Nanjuwa described the project as a milestone for both the district and the nation. He thanked traditional leaders for supporting development and commended the President for fostering an investment-friendly climate that promotes job creation and community upliftment.        

Fossil Fuel Age Is Ending, Says UN Chief

United Nations Secretary-General António Guterres has renewed his call for a faster global shift from fossil fuels to clean energy, describing renewables as “the cheapest source of new electricity in nearly every country.” “The fossil fuel age is ending. Clean energy is rising. Let us make the transition fair, fast, and final,” he said at the Energy Transition Roundtable in Belém, Brazil, ahead of the formal opening of the COP30 climate change conference. The UN chief told world leaders that “the global energy landscape is changing at lightning speed.” Green energy sources accounted for 90 per cent of new power capacity last year, while investment in them reached US$2 trillion—about US$800 billion more than in fossil fuels. “The renewables revolution is here,” he said. “But we must go much faster—and ensure all nations share the benefits.” Guterres urged the international community to ensure a “just, orderly, and equitable” transition from fossil fuels, triple renewable energy capacity, and double energy efficiency by the end of the decade. However, he warned that countries are falling short. Even if new national climate action plans are fully implemented, global temperatures are still projected to rise by more than 2°C above pre-industrial levels. “That means more floods, more heat, more suffering—everywhere,” he cautioned. “To return below 1.5 degrees by century’s end, global emissions must fall by almost half by 2030, reach net zero by 2050, and go net negative afterwards.” The Secretary-General outlined five key areas for action, beginning with a call for countries to “align laws, policies, and incentives with a just energy transition, and eliminate fossil fuel subsidies that distort markets and lock us into the past.” He emphasized that governments must “put people and equity at the centre of the transition,” supporting workers and communities dependent on oil, coal, and gas through training and the creation of new opportunities—especially for young people and women. “Invest in grids, storage, and efficiency. Renewables are surging, and infrastructure must catch up—fast,” he added. As technology reshapes the global economy, Guterres noted that “technology must be part of the solution, not a new source of strain,” urging that clean energy should power all new electricity demand, including that from data centres driving the AI revolution. Finally, he called for efforts to “unlock finance at scale for developing countries,” pointing out that Africa currently receives just two per cent of global clean energy investment. “We must support developing countries in implementing their commitments to transition away from fossil fuels through stronger cooperation, investment, and technology transfer—calibrated to different capacities and dependencies,” he said.

Ukraine Drone Strikes Throw Power Supplies Into Disarray In Russian Cities

Ukraine has hit back at Russia’s attempts to disable its energy infrastructure with air strikes that disrupted power and heating in two cities across the border. Kyiv’s drone and missile attacks on Sunday cut power and heating in the Russian cities of Belgorod, near the border, and Voronezh, nearly 300km (186 miles) away. In Belgorod, local Governor Vyacheslav Gladkov said missile strikes caused “serious damage” to power and heating systems supplying the city, affecting about 20,000 households. Alexander Gusev, the regional governor of Voronezh, said several drones were electronically jammed over the city—home to more than one million people—and sparked a fire at a local utility facility that was quickly extinguished. A Russian Defence Ministry statement made no mention of either the Voronezh or Belgorod regions, reporting instead that 44 Ukrainian drones had been destroyed or intercepted by Russian forces during the night. Local authorities in the Rostov region also reported an hours-long blackout in the city of Taganrog, home to some 240,000 people, blaming it on an emergency shutdown of a power line. Local media reported that a nearby transformer substation caught fire. Meanwhile, Russia launched a barrage of drones and missiles in overnight attacks on Ukraine, targeting substations that supply two nuclear power plants and killing seven people, Ukrainian officials told Reuters news agency. Russia’s Defence Ministry confirmed on Saturday that it had launched “a massive strike with high-precision long-range air, ground and sea-based weapons” on weapons production plants and gas and energy facilities in response to Kyiv’s earlier strikes on Russia. On Sunday, the northeastern region of Kharkiv was still struggling to recover from Russia’s attacks, which left about 100,000 people without power. Moscow launched 69 drones at energy facilities across Ukraine overnight into Sunday, of which 34 were shot down, according to the Ukrainian Air Force. FM Lavrov Ready to Meet Rubio Russia and Ukraine have traded almost daily assaults on each other’s energy infrastructure as United States-led diplomatic efforts to end the nearly four-year war appear to be making little progress. Ukrainian long-range drone strikes on Russian refineries have aimed to deprive Moscow of the oil export revenue it needs to sustain the war. Meanwhile, Kyiv and its Western allies accuse Russia of trying to cripple Ukraine’s power grid and deny civilians access to heat, light, and running water for a fourth consecutive winter—amounting, they say, to the weaponisation of extreme cold.

France: EDF, Mammoet Sign Nuclear Construction Deal

Mammoet, a heavy equipment lifting services company, has signed a Memorandum of Understanding (MoU) with Electricité de France (EDF) on the sidelines of the recently concluded World Nuclear Exhibition 2025 in Paris. The agreement will see the two companies collaborate to develop technologies and methodologies aimed at improving the construction efficiency of upcoming nuclear facilities in the Netherlands. In the coming years, the Dutch government is expected to support the development and implementation of a new nuclear build programme in the country. As global populations continue to grow, the nuclear sector will play a crucial role in powering an increasingly energy-dependent world. However, to achieve the 2030 and 2050 climate targets, nuclear build programmes must significantly accelerate. With decades of experience in modular construction across the global energy sector, Mammoet is well-positioned to help meet this challenge. Its advanced lifting and transport engineering solutions enable plants to be constructed simultaneously and more efficiently, using pre-assembled components manufactured at specialized centers worldwide. Proven technologies—such as large ring cranes—allow multiple units to be built concurrently while operating sustainably from local electricity grids. Mammoet’s SK6000, the world’s most powerful 6,000-tonne capacity land-based crane, exemplifies this capability. The company’s investment in complementary technologies, including its fleet of electric Self-Propelled Modular Transporters (SPMTs), further supports faster and more sustainable construction within the nuclear sector. Joost Goderie, CEO of Mammoet, stated: “We are proud to be working directly with EDF to accelerate the carbon-neutral energy transition in Europe. Together, we will significantly shorten the time required to bring carbon-neutral facilities online, supporting our communities and economies.” Vakisasai Ramany, Senior Vice-President in charge of International Nuclear Development at EDF, added: “By combining the expertise of Europe’s largest nuclear operator with that of the leading specialist in heavy lifting and transport engineering, we aim to achieve major efficiency gains in nuclear energy construction—paving the way for a future Dutch nuclear programme.” Mammoet’s technology has been instrumental in several major nuclear projects in recent years, including the installation of both Reactor Pressure Vessels and all steam generators at EDF’s Hinkley Point C Nuclear Power Station in the United Kingdom.      

Congo: APPO Names Algeria’s Farid Ghezali As New Secretary General

The African Petroleum Producers Organization (APPO) has appointed Algeria’s Farid Ghezali as its new Secretary General, marking the beginning of a new phase for Africa’s oil-producing nations. The appointment was confirmed during the APPO Ministerial Council Meeting held this week in the Republic of Congo. Ghezali is set to assume office in January 2026. He brings decades of experience in Africa’s upstream oil and gas sector and is expected to lead APPO into a new era of collaboration, innovation, and sustainable development. His appointment comes at a crucial time when Africa is asserting its right to develop its natural resources while balancing global calls for cleaner energy. The African Energy Chamber (AEC), in a congratulatory message, commended Ghezali’s appointment and expressed appreciation to the outgoing Secretary General, Dr. Omar Farouk Ibrahim, for his exceptional leadership. Under Dr. Ibrahim’s tenure, APPO strengthened partnerships with governments and investors, promoted the localization of Africa’s energy value chain, and reaffirmed the role of oil and gas in powering the continent’s development. Ghezali’s leadership will coincide with a period of renewed momentum in Africa’s oil and gas sector. Recent discoveries in Namibia and Côte d’Ivoire, coupled with revived exploration in Nigeria, Angola, and Libya, are expected to drive production growth. Projections show that African hydrocarbon output could rise from 11.4 million barrels of oil equivalent per day (MMboe/d) in 2026 to 13.6 MMboe/d by 2030. As the continent’s oil and gas landscape evolves, APPO is expected to play a central role in advancing Africa’s energy agenda and ensuring that its petroleum resources contribute to sustainable economic growth. The organization will continue to advocate for responsible resource development and greater intra-African cooperation in the face of global energy transition pressures. One of Ghezali’s immediate priorities will be to oversee the take-off of the Africa Energy Bank (AEB), a $5 billion initiative launched by APPO in collaboration with the African Export-Import Bank. The AEB aims to provide financing for African energy projects, helping producers access capital and drive investment in the sector. “Farid Ghezali’s appointment comes at a decisive time for African oil producers,” said NJ Ayuk, Executive Chairman of the AEC. “His deep industry knowledge and proven leadership will strengthen APPO’s mission to drive energy security, local value creation, and regional collaboration. The AEC looks forward to working closely with him to ensure that oil remains a catalyst for industrialization and prosperity across our continent.” As Ghezali prepares to assume office, expectations are high that his leadership will help harmonize policies across member states, enhance regional cooperation, and ensure that Africa captures more value from its hydrocarbon resources — driving inclusive and sustainable growth for generations to come.

Nigeria: AEDC Sacks 800 Non-Performing Employees

The Abuja Electricity Distribution Company (AEDC) has confirmed the commencement of a restructuring exercise as part of its corporate strategy, resulting in the dismissal of employees who performed below expectations. In a statement on Thursday, the company said it had released retiring employees and promoted high-performing staff. “As part of the transformation, we have promoted high-performing staff, released retiring employees and those performing below par, and have put in motion the implementation of a robust employee development and customer management plan aimed at driving our customer-centric focus,” the statement said. Although AEDC’s statement did not disclose the number of affected employees, a report by The Punch indicated that about 800 workers were laid off in the sweeping retrenchment exercise. The mass layoff, which reportedly began on Wednesday, November 5, 2025, follows months of internal restructuring at the utility firm, which serves the Federal Capital Territory, Kogi, Niger, and Nasarawa States. Reports suggested that management had initially proposed to dismiss 1,800 workers but reduced the number to 800 after a series of tense negotiations with the National Union of Electricity Employees (NUEE) and the Senior Staff Association of Electricity and Allied Companies (SSAEAC). “The management wanted to sack 1,800, but after much pressure, they brought it down to 800. The unions initially insisted that nobody should be sacked,” an employee who pleaded anonymity said to avoid victimisation. Another source familiar with the development told The Punch that the affected employees were originally scheduled to receive their letters on Monday, but the process was delayed until Wednesday. “The unions first said nobody should be sacked, but later they allegedly agreed to 800. The affected staff were supposed to start receiving their letters from Monday, but it was delayed, and then yesterday, the affected staff started receiving letters,” the source said.

Renewable Energy Boom Drives Up India’s Power Transmission Costs

India’s renewable energy boom is leading to soaring transmission costs as the country’s transmission network is being built on estimates of potential renewable power generation not on actual capacity or demand, according to a top electricity market executive.

This approach to transmission leads to surging transmission charges that state power utilities have to pay, Ghanshyam Prasad, chair at the Central Electricity Authority (CEA), said at an energy event on Friday. The authority will now look to revise transmission plans every six months to take stock of real-time capacity and demand, Prasad said, as carried by Reuters. India is struggling to accommodate the massive renewable energy buildout which could lead to developers installing renewable energy generation capacity that cannot be transmitted or sold, the official added. The country will also need to continue investing in other electricity sources, including coal, hydropower, gas, and nuclear, to keep the grid reliable, Prasad said. “Until we see the system holistically — planning, execution, grid operation, and cost — we will go wrong,” he noted. In July, India boasted achieving five years ahead of schedule its target to have 50% of its installed electricity capacity coming from non-fossil fuel sources. Despite booming renewable capacity additions, India continues to rely on coal to meet most of its power demand as authorities also look to avoid blackouts in cases of severe heat waves. Coal-fired power generation and capacity installations in India continue to rise, and coal remains a key pillar of India’s electricity mix, with about 60% share of total power output. This jump in installed renewable capacity does not mean renewable power generation will soon replace coal in India, especially if grid constraints and battery and transmission delays persist. India’s federal government is in discussions with state governments to have them buy more renewable sources for power generation, Indian federal Minister of New and Renewable Energy, Pralhad Joshi, said in September.

Zambia: Prof. Munshifwa Appointed Energy Permanent Secretary

Zambian President Hakainde Hichilema has appointed Professor Ephraim Kabunda Munshifwa as the new Permanent Secretary at the Ministry of Energy. Professor Munshifwa took the oath of office during a ceremony held at State House. The President extended his congratulations to the new Permanent Secretary and expressed his best wishes for success in the role. Also present at the swearing-in ceremony were the Minister of Energy, Hon. Makozo Chikote, MP, and Eng. Arnold Simwaba, Permanent Secretary for Electricity at the Ministry of Energy.  

Ghana: President Mahama Breaks Ground For 200MWp Norbert Anku Solar Park At Dawa

Ghana’s President, H.E. John Dramani Mahama, on Thursday performed the groundbreaking ceremony to commence the construction of a 200-megawatt peak (MWp) solar project, christened the Norbert Anku Solar Park, at the Dawa Industrial Park near Ada in the Greater Accra Region. The facility, named in honour of the late Ing. Norbert Cormla-Djamposu Anku, a former Managing Director of Enclave Power Ghana Limited who passed away in 2023, is being executed by SFI, a subsidiary of LMI Holdings Limited. The project aims to ensure a reliable power supply for companies operating within the industrial enclave. It will be implemented in two phases, beginning with an initial 200MWp installation. The first phase, with a capacity of 100MWp — representing about 2% of Ghana’s total power supply — is expected to be completed by December 2026, while the additional 100MWp will be added to the national grid within nine months thereafter. The solar park is projected to be expanded to 1,000MWp by 2032, making it the largest and only private utility-scale solar farm in sub-Saharan Africa, excluding South Africa. President Mahama, who was impressed by the company’s vision, said the Solar for Industries Initiative supports a broader environmental agenda and aligns with the Blue Water Guards, the Tree for Life Reforestation Programme, and the Clean Ghana Campaign. “This is how development should work — one project generating many opportunities,” he noted. The President added that the project symbolises growing investor confidence in Ghana and reflects his government’s ongoing reforms aimed at ensuring a win-win situation for both Ghana and the private sector. “Let us build this project with integrity, speed, and purpose, so that when we return here to commission it, we can all say with pride that this is the dawn of Ghana’s clean industrial revolution.” President Mahama explained that Ghana’s long-term energy vision rests on three pillars: sovereignty, sustainability, and security of supply. “Sovereignty involves generating more of our energy locally and using the sun, wind, and water provided by nature to do so,” he said. “As we pursue industrial growth, we must also restore our natural heritage. Our rivers must run clear, our forests must regenerate, and our communities must breathe clean and fresh air.” He emphasised that such initiatives are already transforming Ghana, describing the SFI project as “not just a power plant, but a message that Ghana is prepared to lead the next phase of Africa’s industrial renaissance — energised by the sun, propelled by innovation, and upheld by our collective determination.” “As we cut the sod, let us remember that every light that shines from this solar park will illuminate not just factories and homes, but the aspirations of millions of Ghanaians whose dreams rely on energy and power,” he remarked. Mr. Kojo Aduhene, Chief Executive Officer of Quarm Investments, announced that upon completion, industries located within the Dawa Industrial Enclave that procure power from the project would enjoy a 10% discount. He added that the project supports the government’s 24-Hour Economy initiative, aligns with industrialisation, and demonstrates that Ghana remains open for business. The project’s implementing partners include the International Finance Corporation (IFC) of the World Bank, Enclave Power Company, John Murphy Construction (JMC), China International Water and Electric Corporation (CIWE), and SgurrEnergy.

Ghana: East Asian Institute Director Urges Ghana To Harness Renewables To Cut Energy Costs

The Director of the East Asian Institute, Professor Alfred Schipke, has urged Ghana to fully harness its renewable energy resources to generate electricity and reduce costs for both industries and residential users. Professor Schipke, who also serves as Professor of Practice of International Finance at the Lee Kuan Yew School of Public Policy, emphasized that Ghana should learn from China’s rapid advancement in green technology and its impact on the country’s energy transformation. He made the remarks in an exclusive interview with energynewsafrica.com on the sidelines of the Africa–China Dialogue held in Accra on Thursday, November 6, 2025. Highlighting China’s position as a global leader in producing affordable solar panels and renewable energy equipment, Professor Schipke noted that Ghana should swiftly take advantage of its abundant solar resources to significantly lower energy costs for citizens. “Utilizing electricity generated from solar makes a lot of sense if you want to bring energy prices down,” he opined. However, Professor Schipke cautioned that energy storage remains a major challenge for ensuring continuous power supply. Supporting his remarks, Mr. Paul Frimpong, Executive Director of the Africa–China Centre for Policy and Advisory, called on Ghana to capitalize on solar, wind, and other renewable sources to reduce energy costs for consumers. He also advocated for stronger collaboration between the public and private sectors to promote research and investment in the green energy ecosystem, thereby mitigating the environmental harms of fossil fuels and carbon emissions. Similarly, Dr. Samuel Darkwa, Director of Governance and Administration at the Institute of Economic Affairs (IEA), underscored the importance of inclusive stakeholder engagement. He argued that governments and opinion leaders in Ghana and across Africa must actively involve local communities in renewable energy planning to ensure that solutions meet real needs. Without such consultations, he warned, unnecessary projects might be imposed, potentially hampering socio-economic progress. The event also featured the launch of the 2025 IMF publication titled “Africa–China Linkages: Building Deeper and Broader Connections.” It was attended by civil society groups, policymakers, governance experts, and media representatives, marking a significant platform for discussing sustainable development and economic cooperation. Statistically, China’s renewable energy leadership is striking. As of 2024, renewables accounted for 56 percent of China’s total power capacity—about 1.889 billion kilowatts, with solar contributing nearly 887 million kilowatts. In 2023 alone, China added 217 gigawatts of solar capacity—a 55.2 percent increase that exceeded the entire historical U.S. solar capacity. By mid-2025, the country had installed approximately 210 gigawatts of solar and 50 gigawatts of wind capacity, representing half of the world’s total renewable energy. Ghana, too, is poised for a renewable energy revolution. The country plans to expand its renewable capacity through solar, wind, and biomass projects. Key initiatives such as the Scaling Up Renewable Energy Programme (SREP) will help electrify off-grid communities and promote rooftop solar across the country, transforming energy access and empowering citizens nationwide. This vision provides a blueprint for Africa–China cooperation, driving a greener economic future that benefits populations, creates jobs, and fosters sustainable regional development.    

Ghana: GOIL PLC Denies Fake Gold Scheme

Ghana’s indigenous oil marketing company, GOIL PLC, has taken note of information circulating online suggesting that the company is undertaking a gold-related scheme and promising rewards to customers. According to the company, the information is fake, deceitful, and clearly generated using artificial intelligence (AI) for fraudulent purposes. In a statement, GOIL condemned the content of the viral video in the strongest possible terms, describing it as an act of digital impersonation intended to exploit the trust and credibility the brand has built over decades. The company urged the public to exercise utmost caution and to disregard the fabricated content entirely. “GOIL views this criminal attempt to defraud and mislead the public as a serious cyber offence. The company is collaborating closely with the relevant security and cybercrime authorities to track down and prosecute the perpetrators to the fullest extent of the law,” the statement said. GOIL reaffirmed its commitment to responsible and transparent corporate governance, ethical business practices, and the protection of its valued customers and stakeholders.