Chief Executive Officer of Star Oil Ghana, Philip Tieku, has exposed how widespread tax evasion and fuel product diversion are distorting prices in Ghana’s petroleum downstream sector.He said the illegal activities have created unfair competition and raised questions about the effectiveness of current regulatory measures, including the introduction of a price floor. “When the price...
Day: November 7, 2025
Post
Post
How Star Oil proved Ghana’s low-price fuel can be high-quality
Star Oil Ghana’s Chief Executive Officer, Philip Tieku, says the company’s steady rise to market leadership has exposed the long-held myth that low-priced fuel must mean poor quality. Speaking on JoyNews’ PM Express Business Edition with George Wiafe on Thursday, November 6, Mr Tieku said the results speak for themselves. “The jury is out there....
Post
IMF commends Energy Minister for remarkable progress in energy sector
The International Monetary Fund (IMF) has lauded Ghana’s Ministry of Energy for what it describes as remarkable progress in reforming and stabilising the country’s energy sector, under the stewardship of the Minister for Energy and Green Transition, Mr. John Abdulai Jinapor. In a statement issued in Accra, the IMF’s Resident Representative in Ghana, Dr. Adrian...
Post
GNPC Reaffirms Commitment to Local Content at APPO CECLA 2025 in Brazzaville
The Ghana National Petroleum Corporation (GNPC) has reiterated its commitment to advancing local content development and enhancing Africa’s competitiveness in the global energy space at the ongoing 4th APPO Conference and Exhibition on Local Content (CECLA 2025) in Brazzaville, Republic of Congo.Delivering a speech on behalf of GNPC’s Acting Chief Executive Officer and Chair of...
Post
GNPC’s Strategic Reframing: Local Content as the Nexus for Operatorship and National Competence
The Ghana National Petroleum Corporation (GNPC) is undertaking a significant strategic pivot, with Acting CEO Mr. Kwame Ntow Amoah formally redefining local content as the fundamental pillar for achieving national operatorship and ensuring long-term energy security. Speaking at the 2025 Local Content Conference & Exhibition (LCCE) in Takoradi, Mr. Amoah challenged industry stakeholders to shift...
Post
LCCE 2025: Dr Toni Aubynn Addresses Concerns Over Feedstock Availability for Petroleum Hub project
The Acting Chief Executive Officer of the Petroleum Hub Development Corporation (PHDC), Dr Toni Aubynn, has firmly dismissed concerns over feedstock availability as a barrier to the Petroleum Hub Project, assuring investors that the hub will have uninterrupted access to essential raw materials upon completion.The commissioning of Nigeria’s Dangote Refinery and the planned construction of...
Post
Mahama Launches Solar for Industries Project to Power 24-Hour Economy and Boost Industrial Growth
President John Dramani Mahama has launched the Solar for Industries Project, a major renewable energy initiative designed to power Ghana’s emerging 24-hour economy and accelerate industrial development.The President made the announcement during a sod-cutting ceremony for the Multi-purpose Solar Energy Project at the Dawa Industrial Park in Agotor in the Greater Accra region on Thursday....
Post
GNPC’s Strategic Reframing: Local Content as the Nexus for Operatorship and National Competence
The Ghana National Petroleum Corporation (GNPC) is undertaking a significant strategic pivot, with Acting CEO Mr. Kwame Ntow Amoah formally redefining local content as the fundamental pillar for achieving national operatorship and ensuring long-term energy security. Speaking at the 2025 Local Content Conference & Exhibition (LCCE) in Takoradi, Mr. Amoah challenged industry stakeholders to shift...
Post
GOIL PLC Alerts Public to Fake Video Impersonating CEO
Accra, Ghana — [Date] — GOIL PLC has issued a strong warning to the public over a fraudulent video circulating on social media that falsely portrays its Group CEO and Managing Director, Mr. Edward Abambire Bawa, announcing a so-called “government-backed gold project” and “customer reward scheme.” In a statement released by the company, GOIL described...