Consumers should brace for further hikes in fuel prices at the pumps in the coming weeks, the Chamber of Oil Marketing Companies (OMCs) has cautioned. Speaking on PM Express Business Edition, on Joy News the Chief Executive of the Chamber, Dr. Riverson Oppong, said the looming adjustments are being driven by sustained increases in international...
Day: October 3, 2025
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Gov’t seeks to woo upstream petroleum investors
Ghana has renewed efforts to attract foreign investment into its petroleum industry, with a senior government adviser highlighting “bankable opportunities” in a sector that remains central to the country’s growth agenda. Dr. Yussif Sulemana, Technical Adviser to the Minister of Energy and Green Transition, told prospective investors at the Africa Oil Week (AOW) in Accra...
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NEDCo records 10% increase in revenue collection in Tamale
The Northern Electricity Distribution Company (NEDCo) has recorded a significant improvement in its revenue collection performance in Tamale, reducing distribution losses from a high of 57% in January 2025 to 47% as of September 2025. This 10-percentage-point improvement is attributed to an enhanced revenue mobilisation drive embarked upon by the current NEDCo management.The Managing Director...
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Gabon Draws Energy Giants as OPEC Spotlights African Market Potential
Gabon has signaled a renewed interest in exploration from international partners, as African OPEC members highlight their expanding global influence and commit to boosting stability, production, and investment. Gabon is signaling renewed interest from major international energy companies as it looks to expand oil and gas development across the country’s largely untapped reserves, according to...
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Tema Oil Refinery Nears October Restart, MD Confirms
The Managing Director of the Tema Oil Refinery (TOR), Edmund Kombat, has reaffirmed the company’s readiness to resume operations in October, describing the development as a historic milestone for Ghana’s downstream petroleum industry. According to Mr. Kombat, work on the refinery’s revival is 98 percent complete, with management and staff working diligently to meet the...
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NPG Boss Rejects Floating Nuclear Plant Proposal, Urges Focus on Ghana’s Long-Term Nuclear Agenda
Accra, Ghana – The Executive Director of Nuclear Power Ghana (NPG), Dr. Steve Yamoah, has dismissed proposals to introduce Russia’s Floating Nuclear Power Plant (FNPP) technology into the country, insisting that it has never been part of Ghana’s nuclear roadmap. Speaking at the close of a two-day media workshop in Accra, Dr. Yamoah stressed that...