Post Views: 312 Ghana is set to increase its stake in the Jubilee oilfield as part of a licence extension agreement that will allow continued production from the country’s flagship offshore assets well into the next decade, while also supporting efforts to arrest output decline through additional drilling. The government has approved extensions to the […]
EnergyCrossroad.com shortlisted for Best Energy Reporter at 2025 Ghana Energy Awards
Post Views: 396 The Ghana Energy Awards (GEA) Secretariat is pleased to announce the shortlisted nominees for the 2025 edition of the prestigious awards scheme. This year’s nomination window, which ran from 9th September to 31st October 2025, received an impressive 500+ submissions, including a remarkable number of first-time entrants, reflecting the growing national interest […]
Ghana Declares Commerciality of Offshore Eban-Akoma Oil Discoveries
Post Views: 561 The Government of Ghana has officially declared significant commerciality for the Eban-Akoma oil and gas discoveries located within the Cape Three Points Block 4 (CTP-B4). This announcement follows the successful completion of the Eban-Akoma Appraisal Program, conducted in line with the Petroleum (Exploration and Production) Act, 2016 (Act 919), and the CTP-B4 […]
Ghana’s Star Oil Emerges as Market Leader in Petroleum Sales for First Half of 2025
Post Views: 609 ACCRA, GHANA Indigenous oil marketing company, Star Oil, has solidified its position as the top petroleum distributor in Ghana, outperforming long-standing industry leader GOIL in total product sales for the first five months of 2025. This development was revealed in the National Petroleum Authority’s (NPA) Oil Marketing Companies (OMCs) Performance Statistics for […]
Bill Gates’ $500M Hydrogen-Powered Superyacht Redefines Luxury and Sustainability
Post Views: 617 Bill Gates’ latest superyacht, Breakthrough, is more than a billionaire’s playground it is a bold statement in clean-energy innovation at sea. Valued at over $500 million, the 118.8-meter vessel runs on liquid hydrogen stored at –423°F, enabling silent, emission-free cruising while generating enough power to run 30 of the Microsoft co-founder’s 66,000-square-foot […]
Tullow Oil Posts $61 Million Loss for H1 2025 on Lower Oil Prices, Reduced Output
Post Views: 571 Tullow Oil Plc has reported a loss after tax of $61 million for the first half of 2025, reversing a profit of $196 million recorded in the same period last year, amid declining revenues and lower realised oil prices. Revenue for the period declined sharply to $524 million from $759 million in […]
xxon’s massive Baytown hydrogen facility faces an uncertain future
Post Views: 608 The future of Exxon Mobil’s proposed hydrogen project in Baytown is in limbo after the Trump administration unveiled a slew of changes to hydrogen tax credits under its “big, beautiful bill.” Exxon CEO Darren Woods said on an earnings call that the company has seen “mixed progress” in regards to the development […]
GRTCC Halts 20% Transport Fare Increase After Talks with Transport Ministry.
Post Views: 590 The Ghana Road Transport Coordinating Council (GRTCC) has suspended its planned 20% increase in public transport fares, following a crucial meeting with the Ministry of Transport on Wednesday, August 6, 2025. The move follows mounting public backlash and criticism over the lack of extensive stakeholder consultations prior to the announcement of the […]
Power Restored in Tamale Following Ministry’s Intervention
Post Views: 568 Electricity supply has been fully restored to Tamale and surrounding areas after successful engagements led by the Ministry of Energy. The move comes after workers from the Northern Electricity Distribution Company (NEDCo) and the Volta River Authority (VRA) reversed their earlier decision to suspend operations in the area. The Ministry commended the […]
Israel’s Leviathan signs $35 billion natural gas supply deal with Egypt
Post Views: 616 LONDON/JERUSALEM, Aug 7 (Reuters) – Israel’s Leviathan natural gas field has signed the largest export agreement in the country’s history, worth up to $35 billion to supply gas to Egypt, NewMed , one of the partners in the field, said on Thursday. The deal should ease an energy crisis in Egypt, which […]
Total Energies posts GH¢49.33m
Post Views: 996 Total Energies Marketing Ghana PLC has posted a profit of the GH¢49.33 million in the first quarter of 2024.This represents an increase over the 2023 first quarter profit of GH¢38.73 million. The company’s revenue, however dropped from GH¢1.62 billion in the first quarter of 2023 to GH¢1.55 billion in the first quarter […]