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Ghana: TOR Secures Two-Year Crude Supply Deal With Fujeirah/Triangle Commodities Trading

Ghana’s premier refinery, Tema Oil Refinery (TOR), has secured a deal with Fujeirah/Triangle Commodities Trading (TCT), a Dubai-based petroleum products trading company, for the supply of one million barrels of crude oil per month over a two-year period.

The deal will guarantee a continuous supply of crude oil for the sustained operation of the country’s premier refinery.

The refinery resumed crude processing in late December 2025 following major rehabilitation works undertaken by the current management.

In May, the refinery received approximately one million barrels of Bonga crude oil aboard the MT Cap Felix as part of its ongoing revitalization and crude processing programme.

The crude oil cargo was purchased from Shell and supplied through Fujeirah/Triangle Commodities Trading (TCT) under a tolling arrangement.

Speaking at the 18th Annual General Meeting of the refinery, held at the Palms by Eagles, TOR Board Chairman Nayon Bilijo revealed that the agreement with Fujeirah/Triangle Commodities Trading (TCT) will ensure a continuous supply of crude oil and the sustained operation of the refinery.

“TOR has an agreement for the supply of about one million barrels of crude oil every month for the next two years, with no interruptions envisaged,” he said.

The refinery is also expected to receive locally produced crude oil from the upstream petroleum sector in July.

“TOR is also expected to take delivery of some crude oil from the Government for refining,” Mr. Bilijo said.

As part of efforts to sustain operations, he said the Board has identified key areas, including improving revenue generation, reducing costs, restructuring the balance sheet, and ensuring a sustained supply of crude oil.

According to him, the current administration inherited 17 storage tanks that were out of service.

He said these tanks are currently undergoing maintenance and repairs to bring them back into operation.

Mr. Bilijo said the Residual Fluid Catalytic Cracking Unit (RFCC), a key value-adding component that is currently undergoing maintenance, is expected to be completed and operational by the third quarter of this year.

To support the company’s operations, he said the refinery has increased its staff strength from 547 employees in 2024 to 1,144 personnel.

He said this reflects a deliberate strategy to retain critical expertise, strengthen operational capability, and support the refinery’s turnaround.

Malaysia: Vestigo Petroleum Confirms Fire At West Lutong Vent A Facility, No Casualties

Vestigo Petroleum Sdn. Bhd., a subsidiary of PETRONAS Carigali, has confirmed that a fire occurred at approximately 2:00 p.m. on Sunday at its West Lutong Vent A (WLV-A) facility offshore Sarawak.

The confirmation follows reports of an explosion at the offshore oil and gas platform after a lightning strike reportedly hit a vent stack at the facility.

A video of the incident later went viral on social media.

In a statement issued on Monday, the company said the situation had been brought under control and that the cause of the fire remains under investigation.

Vestigo said there were no injuries or personnel affected, adding that the incident posed no immediate threat to the surrounding communities or the environment.

The company said it is working closely with the relevant authorities and has taken the necessary precautionary measures to manage any potential risk of exposure.

Vestigo reaffirmed its commitment to the safety of its people, the protection of the environment, and the integrity of its operations.

Africa’s Grid Constraints Come Into Focus As Regional Markets Push Toward Integration

Africa’s electricity demand is projected to nearly double to 2,291 TWh by 2050, requiring an estimated $30 billion in transmission and grid infrastructure investment to unlock and integrate new generation capacity. Yet across the continent, grid systems are struggling to keep pace with rapidly expanding supply pipelines and rising demand. In Nigeria, repeated nationwide grid collapses as recently as February 2026 underscore the fragility of aging transmission infrastructure. In East Africa, tower failures along the 428 km Loiyangalani-Suswa line temporarily stranded output from Lake Turkana Wind Power – Africa’s largest wind installation. Meanwhile, demand growth pressures are accelerating across North Africa, where electricity consumption is expected to rise by around 50% by 2035, driven by urbanization, desalination projects, and climate-related temperature increases. Despite these constraints, generation investment continues to accelerate across Africa, particularly in renewables, gas-to-power and hybrid systems. However, without equivalent investment in transmission and interconnection, much of this new capacity risks being underutilized or stranded. This growing imbalance between generation and grid capacity is driving a sharper focus on system-wide planning and regional market design – issues that will be central to the newly launched Power Africa Today conference at African Energy Week 2026. The platform will bring together policymakers, utilities, investors and developers to explore how regional interconnection, cross-border trading frameworks and financing structures can better align generation growth with grid expansion. Power Markets Experiment with Reform Alongside infrastructure challenges, Africa’s electricity sector is undergoing gradual – but uneven – market reform. Most countries still operate vertically integrated systems dominated by state utilities, but a growing number are introducing competitive frameworks to attract private capital and improve efficiency. Zimbabwe opened its electricity market to full private participation across generation, transmission and distribution in 2025, targeting $9 billion in new investment. South Africa is advancing one of the continent’s most ambitious grid expansion programs, with plans for 14,500 km of new transmission lines and 133,000 MVA of transformer capacity by 2034, alongside mechanisms designed to crowd in private financing. Kenya, meanwhile, has introduced open access regulations enabling independent power producers to wheel electricity directly to multiple off-takers, reshaping how generation assets interface with the grid. Regional Integration Remains Fragmented Efforts to connect Africa’s fragmented power systems are progressing, though at different speeds across regions. In Southern Africa, the World Bank’s RETRADE SAPP program, approved in 2025, is deploying $12 million to strengthen renewable integration and transmission capacity across 12 member states. Read Also:Ghana: Severe Flooding Forces Shutdown Of Mallam And Achimota Primary Substations, Disrupting Power Supply In East Africa, the Ethiopia–Kenya–Tanzania Electricity Highway is now in trial operations at up to 2,000 MW, marking a significant step toward a more interconnected regional grid. West Africa is also moving toward deeper integration, with permanent synchronization of the West Africa Power Pool expected in 2026. Analysts, including the African Finance Corporation, argue that such synchronization is critical to unlocking large-scale hydropower potential and industrial demand across the region. Longer term, full synchronization between the Eastern and Southern African power pools – targeted for the end of 2026 – could create one of the world’s largest cross-border electricity trading corridors. Building Bankable Financial Architectures While interconnection is advancing, infrastructure alone is not enough to create investable electricity markets. Investors consistently cite the lack of standardized offtake structures, creditworthy counterparties, and cross-border payment guarantees as key barriers to scaling capital deployment. New models are emerging to address these constraints. Africa GreenCo, operating across Zambia, Namibia and South Africa, is helping to aggregate independent power producers under a single creditworthy intermediary, standardizing power purchase agreements and reducing counterparty risk. At a broader level, AUDA-NEPAD estimates that Africa requires around $30 billion in additional investment to complete priority transmission corridors and establish three fully interconnected regional trading blocs by 2030. “Interconnected electricity markets are the foundation of Africa’s industrial future,” said NJ Ayuk, Executive Chairman of the African Energy Chamber. “The question at Africa Energy Week is not whether integration is possible – the evidence is already there. The question is which regulatory frameworks and financial structures will get projects to financial close, and which markets will be ready when capital is looking to move.” The Power Africa Today conference will run alongside AEW 2026, taking place October 12–16 in Cape Town. It will focus on the regulatory, financial and infrastructural architecture needed to build interconnected electricity markets capable of attracting institutional capital and delivering reliable, cross-border power at scale.

MODEC Secures Contract To Deliver Turret Mooring System For Mozambique’s Coral Norte FLNG

MODEC has announced that it will supply a SOFEC® Internal Turret Mooring System for the Coral Norte FLNG project offshore Mozambique, which is being developed by Eni and its partners, CNPC, ENH, XRG, and KOGAS.

MODEC is collaborating with the Technip Energies–JGC joint venture (JV) to support seamless integration, efficient execution, and reliable long-term performance, the company said in a statement.

With the Final Investment Decision (FID) reached in October 2025, the hull launched in January 2026 at Samsung Heavy Industries’ Geoje shipyard in South Korea, and first LNG production targeted for 2028, the project is advancing on schedule.

MODEC has supported the project since its early stages and is progressing engineering and supply activities in line with the overall project timeline, underscoring the company’s contribution to mission-critical station-keeping for large-scale gas developments.

Read Also:Ghana: Mahama Breaks Ground For 60,000 Barrels Per Day Phase II Expansion Of Sentuo Oil Refinery 

Building on its proven performance on the companion Coral Sul FLNG project, this engagement reinforces MODEC’s track record in delivering complex offshore station-keeping solutions.

Designed as an enhanced replica of Coral Sul—incorporating lessons learned and optimized for improved efficiency and performance—Coral Norte will add 3.6 million tonnes per annum (MTPA) of liquefaction capacity.

The turret mooring system is a mission-critical element of FLNG performance, enabling safe weathervaning, high operational uptime, and resilient operations in the metocean conditions of the Rovuma Basin.

“Coral Norte is an important milestone for the industry and for Mozambique, and we are honoured to contribute to this landmark FLNG project,” said Arun Duggal, Head of MODEC’s Mooring Solutions Business Unit.

“Our team’s performance on Coral Sul set a high bar for safety, reliability, and schedule discipline. This engagement reflects the trust we have built together, and we look forward to delivering a SOFEC® turret mooring system that enables best-in-class operability while continuing to invest in local capability and laying the foundation for future projects in the region.”

A Technip Energies–JGC JV spokesperson said: “The work delivered by MODEC on Coral Sul established a strong operational baseline and demonstrated excellence in engineering and execution. Our partnership on Coral Norte builds on that success and supports our broader commitment to sustainable development in Mozambique.”

SBM Offshore Secures $465 Million Financing For Trion FSO

SBM Offshore has secured $465 million in project financing for FSO Chalchi, the floating storage and offloading (FSO) vessel being built for Woodside Energy’s Trion deepwater development offshore Mexico. The financing, provided by a consortium of international banks and institutional investors, includes partial insurance support from China Export & Credit Insurance Corporation. SBM Offshore said the funding will be drawn during the vessel’s construction and will become non-recourse after the FSO begins operations. FSO Chalchi is currently under construction and will operate under 20-year lease and operate agreements with Woodside’s Mexican affiliate, Woodside Petróleo Operaciones de México. The new build FSO is based on a Suezmax-class hull and will feature SBM Offshore’s disconnectable turret mooring system. Designed for water depths of approximately 2,500 m (8,200 ft), the vessel will have storage capacity of approximately 950,000 bbl of crude oil. Read Also:Global Gas Flaring Rises For Third Straight Year, Undermining Energy Security — World Bank Report The vessel will be deployed at the Trion field, located about 180 km offshore Mexico and 30 km south of the U.S.-Mexico maritime border. Trion is being developed by operator Woodside, which holds a 60% interest, and partner Petróleos Mexicanos (Pemex), which owns the remaining 40%. “We welcome the signing of the project financing of FSO Chalchi, marking our first transaction combining commercial banks, institutional investors and support from an export credit agency,” said Douglas Wood, chief financial officer of SBM Offshore. “This financing structure demonstrates SBM Offshore’s ability to deliver innovative, long-term funding solutions for our clients and provides a scalable solution for potential new lease and operate projects.” Trion is one of the largest deepwater developments currently under construction offshore Mexico and represents Woodside’s first operated oil production project in the country.

Ghana: Severe Flooding Forces Shutdown Of Mallam And Achimota Primary Substations, Disrupting Power Supply

The Ghana Grid Company Ltd. (GRIDCo) and the Electricity Company of Ghana (ECG) have temporarily shut down the Mallam and Achimota Primary Substations following severe flooding at the facilities after continuous rainfall in Ghana’s capital, Accra, from Sunday night into Monday. The shutdown has disrupted power supply to several areas served by the affected substations. In a joint statement, GRIDCo and ECG explained that the shutdown became necessary because the flooding had affected critical power infrastructure at several substations, posing significant risks to both electrical equipment and operational personnel. “To safeguard lives, protect property, and prevent damage to the electricity network, GRIDCo and ECG have taken the decision to temporarily switch off power supply from the affected substations until conditions are safe for restoration,” the statement said. The utility companies said they are closely monitoring the situation and conducting detailed assessments of the impact of the flooding on the transmission and distribution network. GRIDCo and ECG added that power supply may also be temporarily interrupted in other affected areas, where necessary, as a precautionary measure to protect lives, property, and critical electricity infrastructure whenever safety risks are identified. “Members of the public are urged to exercise extreme caution and immediately report any fallen electricity poles, exposed or fallen power lines, flooded electrical installations, or any other electricity-related hazards to the nearest ECG office or through ECG’s customer service channels. Prompt reporting will support rapid response efforts and help ensure public safety. “GRIDCo and ECG sincerely apologise for the inconvenience caused and appreciate the patience, cooperation, and understanding of all affected customers. Every effort will be made to restore power supply as soon as weather conditions improve and it is safe to do so.”

Kenya’s Nuclear Drive Gains Momentum As KenGen Studies Ontario Model

Kenya has moved a step closer to becoming a nuclear-powered nation after the Kenya Electricity Generating Company (KenGen), accompanied by other Kenyan officials, recently undertook a high-level study mission to Ontario’s nuclear industry to strengthen the country’s plans for building its first nuclear power plant. The week-long Canada–Kenya Nuclear Engagement Program brought Kenyan leaders into direct contact with one of the world’s most mature nuclear ecosystems, giving KenGen and its partner institutions deeper exposure to the operational, regulatory, technical, and human capital foundations required for Phase 3 readiness under the International Atomic Energy Agency (IAEA) Milestones Framework. KenGen Managing Director and CEO, Eng. Peter Njenga, described the tour as highly successful, saying the move towards nuclear power represents the next major step in Kenya’s pursuit of industrial growth, energy security, and reliable round-the-clock clean energy. “This trip is very strategic for us, and it has helped deepen our understanding of our role going forward. We gained first-hand experience by learning from an established nuclear market, understanding the owner-operator model, and translating that knowledge into a long-term plan for Kenya’s energy system,” said Eng. Njenga. Beyond showcasing technology, KenGen said the Canada mission provided an end-to-end view of what it takes to build a sustainable national nuclear programme, including owner-operator capability, regulatory discipline, workforce development, fuel-cycle understanding, public accountability, and long-term radioactive waste stewardship. “KenGen has been designated to serve as the owner-operator of Kenya’s first nuclear power plant in partnership with the Nuclear Power and Energy Agency (NuPEA). This mission helped sharpen the practical roadmap for turning our national ambition into institutional readiness,” said Eng. Njenga. KenGen added that Kenya’s nuclear vision is anchored in a broader national development strategy. In December 2025, the company announced that the country’s first nuclear power project is expected to have an initial capacity of approximately 2,000 megawatts (MW), with long-term plans to expand nuclear generation to about 6,000 MW. This forms part of Kenya’s broader strategy to add 10,000 MW of electricity generation capacity while strengthening energy security, industrial competitiveness, and long-term economic transformation. In Ontario, the Kenyan delegation engaged with a nuclear ecosystem built on proven scale and continuity. During the tour, the delegation was exposed to Canada’s reactor technology, CANDU (Canada Deuterium Uranium). Canada has 16 CANDU reactors in Ontario and one reactor in New Brunswick. The delegation also learned about Canada’s work on next-generation nuclear technologies and reactor innovation. “Kenya is one of Canada’s most important partners in sub-Saharan Africa, and we see significant opportunity to deepen that partnership across energy, education and workforce development,” said Sophie Price, Head of Cooperation at the High Commission of Canada to Kenya. She added: “Building a nuclear programme is not only about technology; it is also about people, institutions and long-term capability. For every engineer in nuclear, for example, many more diverse professionals are needed across operations, safety, regulation and community engagement, and that is why partnerships like this matter to us.” Canada currently has 30 CANDU reactors operating globally. CANDU reactors use heavy water (deuterium oxide) as both moderator and coolant and are among the few reactor designs in the world developed for the open commercial market by their home country. They use natural uranium fuel, reducing reliance on uranium enrichment services and providing greater flexibility in fuel sourcing. This contributes to energy security and supply chain resilience, considerations that are increasingly important for countries pursuing long-term nuclear power programmes. For Kenya, these lessons were highly relevant. The Ontario programme exposed KenGen to Canada’s full nuclear value chain, from technology stewardship and operating culture to supply-chain development, skills formation, research partnerships and long-term waste management. At Bruce Power, the world’s largest operating nuclear power facility with an installed capacity of 6,400 MW, the Kenyan delegation learned why nuclear power is becoming increasingly strategic in modern industrial economies. “Canada’s electricity demand could more than double by 2050, with provincial data showing a new trend of emerging consumers—mostly data centres—seeking grid connection. They already represent roughly 30% of Ontario’s peak demand, with more than 6,500 MW requested,” said Ms. Price. For Kenya, this is a powerful signal and a further boost to KenGen’s new Green Energy Park, which seeks to meet the emerging and future needs of industrialisation, digital infrastructure, advanced manufacturing and green growth through reliable, scalable baseload power. “No nation has achieved industrial transformation without reliable, affordable and scalable baseload power,” said Eng. Njenga, adding: “Kenya’s nuclear project must be understood as institution-building before it is understood as construction. Our aspiration is to build a nuclear organisation that reflects the highest international standards of operational excellence, safety culture, environmental stewardship and public accountability.” “Drawing on the benchmark of Bruce Power in Kincardine, Canada, where localised nuclear expansion acts as a major driver of socioeconomic development, it is evident that a comprehensive, cross-county joint stakeholder engagement framework must be deployed to prioritise transparent, community-driven advocacy campaigns,” said Eng. Njenga. At the same time, the team was exposed to the ability of a nuclear power plant to stimulate regional wealth creation, generate thousands of skilled engineering and construction jobs, and catalyse sustainable industrialisation not just at the plant site but across Kenya. During an exposure tour of Canada’s Nuclear Waste Management Organization (NWMO) the mission demonstrated how long-term used-fuel management can be institutionally protected through dedicated trust funds that exist for their intended purpose, ensuring safety treatment and disposal of nuclear wastes. “For Kenya, this level of safety preparedness offered us a concrete example of how public confidence in nuclear energy is built not only through safety and regulation, but through visible, durable commitments to stewardship over decades,” said NuPEA’s Eng. Eric Ohaga who was also part of the Kenyan delegation. The trip also underscored that nuclear readiness depends on people as much as infrastructure. At McMaster University, the delegation saw how specialized talent pipelines are built early, including the Bruce Power Women in Nuclear Engineering Co-op Program, which introduces students to the full nuclear fuel cycle from mining and plant operation to waste management. The model aligns with Kenya’s need to build an inclusive, multidisciplinary workforce in engineering, science, operations, regulation, communications, environmental management and community engagement. KenGen’s Canada mission sends a clear signal to the market, to policymakers and to the Kenyan public that Kenya’s nuclear future is moving from aspiration to structured readiness. “Success therefore depends on strategic patience, consistency of purpose and trusted international partnerships,” said Eng. Njenga, adding, “Kenya’s nuclear journey, is not beginning from zero, but it will demand discipline, continuity and institutional depth to turn this national dream into a reality for the good of our people.” At AtkinsRéalis, the steward of CANDU technology, the delegation was shown how a reactor platform becomes part of a broader national supply chain. Carl Marcotte of Candu Energy told the Kenyan team that, given the progress Kenya has already made in power development, nuclear represented a logical next step. He also stressed a point of relevance to KenGen’s industrial ambitions: while first-ofa-kind units and critical components may have to be imported at the outset, localization can deepen over time, allowing more equipment, services and technical capability to be produced domestically. This approach can help maximize economic benefits, create skilled jobs, and strengthen national industrial capacity over the life of a nuclear program. That question of local capability ran through other stops on the program. The message was that nuclear power is never just a plant behind a fence. It is an ecosystem of fabricators, engineers, training institutions, policy specialists, inspectors and long-duration service providers. At Canadian Nuclear Laboratories, Eric McGoey argued that public debate around nuclear power often dwells almost exclusively on risk while giving too little attention to economic value. “People tend to focus on waste at the end of the project rather than on the wider benefits that flow from a reliable source of low-carbon baseload electricity,” he said adding, “nonetheless we can never dismiss the burden of safety or public trust, which is real but it is good to note that mature nuclear states deal with those burdens through institutions designed to manage them over decades.” A key takeaway from the visit is that successful nuclear programs extend well beyond the reactor itself. Canada’s experience demonstrated the importance of developing local supply chains, workforce capabilities, research partnerships, and institutional capacity alongside nuclear infrastructure. By learning directly from a country that has built, operated, regulated and continuously evolved a world-class nuclear system, KenGen is helping position Kenya to take the next step with greater confidence, stronger partnerships and a sharper understanding of what it will take to deliver safe, affordable, low-carbon baseload power at national scale. During an exposure tour of Canada’s Nuclear Waste Management Organization (NWMO), the mission examined how long-term used-fuel management can be institutionally safeguarded through dedicated trust funds established for their intended purpose, ensuring the safe treatment and disposal of nuclear waste. “For Kenya, this level of safety preparedness offered us a concrete example of how public confidence in nuclear energy is built not only through safety and regulation, but also through visible, durable commitments to stewardship over decades,” said NuPEA’s Eng. Eric Ohaga, who was also part of the Kenyan delegation. The trip also underscored that nuclear readiness depends on people as much as infrastructure. At McMaster University, the delegation observed how specialised talent pipelines are developed early, including the Bruce Power Women in Nuclear Engineering Co-op Programme, which introduces students to the full nuclear fuel cycle—from mining and plant operation to waste management. The model aligns with Kenya’s need to build an inclusive, multidisciplinary workforce in engineering, science, operations, regulation, communications, environmental management and community engagement. KenGen’s Canada mission sends a clear signal to the market, policymakers and the Kenyan public that the country’s nuclear future is moving from aspiration to structured readiness. “Success therefore depends on strategic patience, consistency of purpose and trusted international partnerships,” said Eng. Njenga, adding: “Kenya’s nuclear journey is not beginning from zero, but it will demand discipline, continuity and institutional depth to turn this national dream into a reality for the good of our people.” At AtkinsRéalis, the steward of CANDU technology, the delegation was shown how a reactor platform becomes part of a broader national supply chain. Carl Marcotte of Candu Energy told the Kenyan team that, given the progress Kenya has already made in power development, nuclear power represents a logical next step. He also stressed a point relevant to KenGen’s industrial ambitions: while first-of-a-kind units and critical components may need to be imported at the outset, localisation can deepen over time, allowing more equipment, services and technical capability to be produced domestically. This approach can help maximise economic benefits, create skilled jobs and strengthen national industrial capacity over the life of a nuclear programme. That question of local capability ran through other stops on the programme. The message was that nuclear power is never just a plant behind a fence; it is an ecosystem of fabricators, engineers, training institutions, policy specialists, inspectors and long-term service providers. At Canadian Nuclear Laboratories, Eric McGoey argued that public debate around nuclear power often focuses almost exclusively on risk while giving too little attention to economic value. “People tend to focus on waste at the end of the project rather than on the wider benefits that flow from a reliable source of low-carbon baseload electricity,” he said, adding: “Nonetheless, we can never dismiss the burden of safety or public trust, which is real. But it is important to note that mature nuclear states deal with those burdens through institutions designed to manage them over decades.” A key takeaway from the visit is that successful nuclear programmes extend well beyond the reactor itself. Canada’s experience demonstrated the importance of developing local supply chains, workforce capabilities, research partnerships and institutional capacity alongside nuclear infrastructure. By learning directly from a country that has built, operated, regulated and continuously evolved a world-class nuclear system, KenGen is helping position Kenya to take the next step with greater confidence, stronger partnerships and a sharper understanding of what it will take to deliver safe, affordable and low-carbon baseload power at national scale.   Source: KenGen

The Gambia:Barrow Declares Electricity Supply Stable Following Weeks Of Power Outages

Power supply across The Gambia has largely stabilised following significant improvements in electricity imports through the Organisation pour la Mise en Valeur du fleuve Gambie (OMVG) regional interconnection into the country’s national grid. The country now has sufficient electricity to meet peak demand, which ranges between 85 megawatts (MW) and 95 MW, an official of the National Water and Electricity Company (NAWEC) told this portal on Sunday, June 28, 2026. In recent months, The Gambia has experienced persistent power outages across the Greater Banjul Area and the West Coast Region, prompting many residents to express frustration over the reliability of electricity services. Officials of the state-owned utility company, NAWEC, and the government attributed the outages to reduced electricity imports through the OMVG regional interconnection, which affected power supply to the country’s national grid. However, the explanation was rejected by many citizens and opposition political parties, who accused the government of failing to manage the power sector efficiently. Speaking on the electricity situation on Saturday, President Adama Barrow announced that power supply across the country had stabilised. “Electricity is stable now,” President Barrow said. “When there was no electricity, you complained. Now that it is stable, come out also and acknowledge that electricity is back,” he said while commissioning the National Emergency Treatment Centre and Biomedical Engineering Hospital in Farato on Saturday. The President also announced that fuel prices would be reduced effective July 1. He, however, did not provide details on the scope or size of the planned reduction. During his remarks, President Barrow appealed for national unity, saying his primary concern was preserving peace and stability in the country regardless of political affiliation. He said he harboured no ill feelings towards citizens who support opposition parties and urged Gambians to recognise the presidency as an institution that serves the entire nation. “You should accept that I am the president of this country—that is the truth,” he said. “When you are sick, you go to my hospital. When you have problems, you go to my police station. The roads you criticise are the same roads you drive on.”

Ghana: Mahama Breaks Ground For 60,000 Barrels Per Day Phase II Expansion Of Sentuo Oil Refinery

Sentuo Oil Refinery Limited, a Chinese multimillion-dollar firm, has held a groundbreaking ceremony to mark the commencement of Phase II of the refinery’s expansion project.

The Phase II expansion is expected to increase the refinery’s capacity from 40,000 barrels per day to 100,000 barrels per day.

Operating at a capacity of 100,000 barrels per day would enable Ghana to achieve greater petroleum product sufficiency and energy security, marking a significant shift from its reliance on imported refined petroleum products.

Speaking at the groundbreaking ceremony on Thursday, June 25,2026, President John Dramani Mahama stressed the need for Ghana to move beyond the export of raw materials and focus on building a resilient economy that processes, manufactures, and creates value locally.

He said the refinery expansion would significantly strengthen Ghana’s petroleum refining capabilities by increasing processing capacity from 40,000 barrels per day to 100,000 barrels per day.

He noted that the expansion forms part of broader efforts to enhance energy security, reduce dependence on imported refined petroleum products, and position Ghana as a key fuel supply hub within the sub-region.

Mr Mahama expressed confidence that the expansion of the Sentuo refinery, together with the eventual full operationalisation of the Tema Oil Refinery (TOR), would enable Ghana to meet domestic fuel demand while generating surplus products for export to neighbouring countries.

According to him, the government’s strategy is aimed at maximising value from the country’s petroleum resources while supporting industrial growth, job creation, and economic development.

Read Also:Ghana: PETROSOL CEO Hails Deregulation Policy, Warns Against Unsustainable Fuel Price Competition

The Executive Chairman of Sentuo Oil Refinery Limited, Ningquan Xu, described the Phase II expansion as a transformative project that would contribute significantly to Ghana’s industrial and economic development.

“The Phase II expansion represents a turning point for Ghana’s industrial future,” Mr Xu said.

For his part, the Minister for Energy and Green Transition, Mr John Abdulai Jinapor, said the investment reflects growing investor confidence in Ghana’s economy and will significantly strengthen the country’s petroleum industry.

“This transformational investment will increase the refinery’s capacity from 40,000 to 100,000 barrels per day, reinforcing investor confidence in Ghana’s economy and strengthening our petroleum industry,” he said.

According to the Minister, the expansion will not only increase refining capacity but also create jobs, improve energy security, promote local value addition, reduce imports, and support Ghana’s industrialisation agenda.

“Beyond expanding capacity, the project will create jobs, enhance energy security, boost local value addition, reduce imports, and accelerate industrialisation,” Mr Jinapor said.

He expressed confidence that the combined output of the Sentuo Oil Refinery and the Tema Oil Refinery would transform Ghana’s downstream petroleum sector.

“When the Tema Oil Refinery and Sentuo Oil Refinery operate at full capacity, Ghana will be able to eliminate the importation of finished petroleum products and enhance its ability to supply petroleum products to the sub-region,” he said.

Tanzania: TANESCO Restores Power Nationwide After National Grid Failure

Tanzania’s state-owned power utility, TANESCO, has announced the full restoration of electricity supply across the country after the national electricity grid suffered a technical failure on Saturday, plunging areas connected to the grid into a nationwide blackout. The outage occurred at approximately 1:00 a.m. on Saturday. According to TANESCO, the blackout was caused by a technical fault in the National Electricity Grid System, resulting in a loss of electricity supply to all regions served by the national grid. The disruption prompted many frustrated Tanzanians to express their concerns on social media, including on TANESCO’s official Facebook page. However, at about 1:00 a.m. on Sunday, June 28, 2026, TANESCO announced that power had been fully restored. In a statement issued by the company’s Director of Communications and Customer Service, Irene Gowelle, the utility confirmed that electricity supply had resumed across the country. “As of now, electricity supply has been restored in all regions of the country that receive power from the National Grid,” the statement said. The company thanked its customers and the general public for their patience during the outage and apologized for the inconvenience caused.

Ghana: PETROSOL CEO Hails Deregulation Policy, Warns Against Unsustainable Fuel Price Competition

The Chief Executive Officer of PETROSOL Platinum Energy PLC, Michael Bozumbil, has praised Ghana’s petroleum downstream deregulation policy, describing it as the key reason for the country’s fuel supply security and the intense competition in the downstream petroleum sector. Speaking at the recent Ghana Biennial International Summit and Exhibition (GH-BISE) 2026, organised by the Society of Petroleum Engineers (SPE) in Accra, Mr. Bozumbil said the first phase of the deregulation policy began in the late 1990s and focused on opening the downstream petroleum sector to indigenous private investment. This led to the licensing of indigenous Oil Marketing Companies (OMCs) to operate in a market that had previously been dominated by foreign-owned OMCs. According to him, the policy paved the way for the emergence of indigenous OMC brands and encouraged significant investment in retail fuel stations and storage infrastructure by local investors, thereby improving access to petroleum products and strengthening Ghana’s fuel supply security. Read also: Global Gas Flaring Rises For Third Straight Year, Undermining Energy Security — World Bank Report Mr. Bozumbil said the second phase of deregulation came in July 2015 with the liberalisation of prices for petroleum products, particularly petrol, diesel and Liquefied Petroleum Gas (LPG). He explained that the move largely ended government subsidies on petroleum products and shifted the responsibility of providing affordable fuel from the government to OMCs and Bulk Distribution Companies (BDCs), with competition serving as the primary mechanism for keeping prices low. He commended successive governments for maintaining the policy, saying consistency in its implementation has strengthened national fuel supply security by eliminating fuel queues, increasing competition and creating opportunities for private sector investment in infrastructure, while also helping to develop indigenous entrepreneurs in Ghana’s oil and gas industry. Mr. Bozumbil, however, noted that although consumers continue to benefit from relatively low fuel prices due to intense competition among numerous OMCs, many of these companies are heavily indebted because they are forced to significantly reduce their profit margins—or, in some cases, sell at zero or even negative margins—to compete for market share. He warned that this practice threatens the long-term sustainability of the industry. He further alleged that some OMCs engage in illicit activities, including tax evasion and fuel adulteration, to sustain their low pricing strategies. Mr. Bozumbil said these practices, which he indicated are largely associated with some indigenous OMCs, pose a serious threat to the sustainability of the downstream petroleum industry and Ghana’s fuel supply security if they are not addressed. He commended the National Petroleum Authority (NPA) for its recent decision to enforce floor prices and reintroduce uniform pricing of petroleum products at individual OMC fuel stations. However, he urged the regulator to take more decisive action against OMCs and BDCs found to be engaging in illicit activities in order to sanitise the industry and safeguard its long-term sustainability. Mr. Bozumbil also urged the NPA to review the current licensing regime to encourage industry consolidation and ensure that new licences are issued only to companies with the requisite industry experience, proven business management practices and strong financial capacity. He further challenged leaders of existing OMCs and BDCs to uphold best industry practices, make prudent commercial decisions, comply with regulatory and tax obligations, maintain sound corporate governance and embrace innovation to build sustainable businesses. His remarks contributed to broader discussions on the growth and long-term sustainability of Ghana’s petroleum and energy industry, particularly the need to balance consumer protection with the financial sustainability of petroleum service providers. Supporting Mr. Bozumbil’s position, Abass Ibrahim Tasunti, Director of Economic Regulation and Planning at the National Petroleum Authority (NPA), who also served as a panellist at the event, said the Authority remains committed to ensuring a fair pricing regime that benefits both consumers and Oil Marketing Companies (OMCs). “The NPA remains committed to working closely with OMCs to ensure fair pricing that supports business sustainability while also delivering value to consumers,” he said. The Ghana Biennial International Summit and Exhibition (GH-BISE 2026), organised by the Society of Petroleum Engineers (SPE) Ghana Section, brought together regulators, policymakers, investors and energy industry leaders to discuss sustainable energy development in Africa. The summit served as a platform for discussions on energy investment, sustainability, innovation and the future of Africa’s petroleum and energy industry.

Malawi: ESCOM Signs Transmission Connection Deal With Press Energy Limited

The Electricity Supply Corporation of Malawi (ESCOM) Limited on Friday, 26 June 2026, signed a 50 MW Transmission Connection Agreement with Press Energy Limited (PEL), a subsidiary of Press Corporation Limited (PCL), Malawi’s leading conglomerate and a listed company. The agreement marks a significant step towards increasing electricity generation and improving power supply in the country. Under the agreement, Press Energy Limited will construct a transmission line to facilitate the evacuation and injection of electricity generated from its 50 MW solar power plant into ESCOM’s existing transmission network. The Transmission Connection Agreement complements the Power Purchase Agreement (PPA) signed between ESCOM and Press Energy Limited in December 2024, which paved the way for the development of the 50 MW solar power plant at Nkhoma in Lilongwe District. Speaking during the signing ceremony, ESCOM Chief Executive Officer, Eng. William Kaipa, described the agreement as a demonstration of the Corporation’s commitment to delivering a reliable and sustainable electricity supply for Malawi. “In April, we made a promise to Malawians that within eight months we would improve power supply in the country and address the challenge of load shedding. Today’s agreement is another important milestone towards fulfilling that commitment,” Kaipa said. Read Also: The Gambia: Barrow Pledges To End Power Outages Within Two Years Eng. Kaipa added that the agreement aligns with ESCOM’s strategic direction of expanding electricity supply through partnerships with Independent Power Producers (IPPs). “Together, we are not just connecting power to the national grid—we are connecting Malawians to opportunities, businesses to growth, and the nation to a more prosperous and sustainable future,” he said. On his part, the Chief Executive Officer of Press Corporation Limited, Professor Ronald Mangani, thanked ESCOM management for expediting the signing process, noting that the partnership reflects the shared responsibility of both institutions to improve electricity supply and reliability in Malawi. “Press Corporation is an indigenous Malawian company, and we believe it is our responsibility to contribute to improving the lives of Malawians and supporting national economic development. That is why we made the strategic decision to invest in the energy sector,” said Prof. Mangani. He expressed confidence that the project would contribute significantly to increasing Malawi’s electricity generation capacity, enhancing energy security, and supporting the country’s broader socio-economic development.

Zambia: TAZAMA Pays Government $6.69 Million Dividend After Record 2025 Performance

TAZAMA Pipelines Limited, a joint venture between Zambia and Tanzania, on Thursday presented a dividend cheque worth K120.4 million (approximately $6.69 million) to the Government of Zambia following a strong financial performance for the year ended December 31, 2025. The cheque was presented by TAZAMA Board Chairperson Professor Ephraim Munshifwa during a ceremony held at the Ministry of Finance and National Planning, where Acting Secretary to the Treasury Mwaka Mukubesa received it on behalf of the government. Speaking during the presentation, Professor Munshifwa said the dividend represented more than a corporate obligation, describing it as a demonstration of how strategic state-owned enterprises can create value for shareholders while making meaningful contributions to national development. He said the payment reflected TAZAMA’s strong financial performance, sound corporate governance, and unwavering commitment to supporting Zambia’s economic aspirations and safeguarding energy security. Prof. Munshifwa disclosed that TAZAMA recorded a net profit of K722.3 million in 2025, up from K635.6 million in 2024. The company also achieved the highest throughput in its history, reaching 1,006,995 metric tonnes, compared with 747,186 metric tonnes the previous year. He attributed the strong performance to increased throughput volumes, enhanced operational efficiency, strategic investments in pipeline security, and improved operational uptime. Receiving the dividend on behalf of the government, Acting Secretary to the Treasury Mwaka Mukubesa commended TAZAMA for reaching what she described as a significant milestone, noting that the dividend would help strengthen public finances and enhance the government’s capacity to deliver on national development priorities. She praised the board and management for their prudent stewardship and urged other state-owned enterprises to emulate TAZAMA’s strong governance and operational discipline. Ms. Mukubesa also commended TAZAMA for the successful implementation of the Open Access Policy and the introduction of the Drag Reducing Agent (DRA), which has improved operational efficiency and enhanced fuel transfer along the Dar es Salaam–Ndola pipeline corridor. She said the achievements demonstrated how innovation, sound management, and operational excellence can contribute to improved performance and sustainable national development.

India: Adani Targets 10 GW Of Nuclear Power Capacity By 2035

Adani Group, the Indian conglomerate owned by billionaire Gautam Adani, could become India’s largest private developer of nuclear power capacity within the next decade, targeting 10 gigawatts (GW) by 2035 as India opens its civil nuclear power sector to private investment.

“Our entry into nuclear energy through Adani Atomic Energy is another confident step towards securing India’s long-term energy future,” Gautam Adani said at the Adani Group’s annual general meeting on Wednesday, according to a report by Oilprice.com.

“With land identified and a targeted capacity of 10 GW by 2035, we are positioning ourselves early to serve the growing national demand for clean, round-the-clock power,” the billionaire said.

A panel set up by India’s Ministry of Power stated in a report that achieving the country’s goal of increasing installed nuclear power capacity to 100 GW by 2047, from just 8.8 GW currently, would require cumulative capital investment of up to 19.28 trillion Indian rupees ($204 billion at current exchange rates).

The Indian government has said its Nuclear Energy Mission aims to achieve 100 GW of capacity by 2047 “through the deployment of existing and emerging advanced nuclear technologies, both indigenous and in partnership with foreign collaborators.”

Adani Group is reportedly in talks with the government of the northern Indian state of Uttar Pradesh on a public-private partnership to build small modular reactors (SMRs) as the country opens its nuclear energy sector to private investment.

According to Bloomberg, Adani is discussing plans with Uttar Pradesh officials to build eight SMRs with a capacity of 200 megawatts (MW) each at sites yet to be identified in the state. Anonymous sources familiar with the matter disclosed the information at the end of 2025.

If the group achieves its target of 10 GW of nuclear power capacity by 2035, it would become India’s third-largest nuclear power operator, behind state-owned Nuclear Power Corporation of India Limited (NPCIL) and state-run power giant NTPC Limited. NPCIL currently operates all of India’s 8.8 GW of nuclear power capacity.

Indian conglomerate Reliance Industries, controlled by billionaire Mukesh Ambani, is also reportedly considering investments in India’s nuclear power sector following its opening to private capital.