The Ghana Navy has successfully foiled a major illegal fuel bunkering operation, intercepting seven modified canoes suspected of illicit fuel bunkering during an intelligence-led maritime security patrol along the Keta-Denu-Aflao coastline in the Volta Region. During a press briefing at the Eastern Naval Command (ENC) on Thursday, 15 January 2026, Flag Officer Commanding (FOC) ENC,...
Day: January 19, 2026
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NPA pushes back on proposals to scrap Fuel Price Floor Policy
The National Petroleum Authority (NPA) has pushed back against calls to remove the Fuel Price Floor Programme, insisting the policy remains necessary due to persistent unfair pricing practices in the downstream petroleum sector. According to the Authority, the market conditions that compelled the introduction of the price floor have not changed. It argues that pricing...
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Dangote signs $350 million deal with Indian firm EIL to expand Lagos refinery
Dangote Group has signed a $350 million deal with Indian engineering firm EIL to expand its flagship refinery and petrochemicals complex in Lagos, a move set to boost Nigeria’s industrial capacity and reduce Africa’s reliance on imported refined fuels.State-owned Engineers India Ltd (EIL) said on Saturday that it has renewed a $350 million contract with...
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Nzema Youth seek roadmap for Petroleum hub operation
A youth group in Nzema has urged President John Dramani Mahama to provide a clear and realistic roadmap for the operationalisation of the Petroleum Hub Corporation, citing concerns over delayed implementation and its impact on local job creation. Speaking at a press conference in Nkroful on Sunday January 18, the Concerned Youth of Nzema highlighted...
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Gov’t assures minimal disruption as WAPCo undertakes planned maintenance
The Ministry of Energy and Green Transition and the Ghana Grid Company Limited (GRIDCo) have assured the public of minimal disruption to electricity supply ahead of scheduled maintenance works by the West African Gas Pipeline Company (WAPCo). In a statement issued on Saturday, January 17, 2026, GRIDCo said it had been formally notified by WAPCo...
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COMAC Board, Management Hold Strategic Retreat to Chart 2026 Agenda
The Board and Management of the Chamber of Oil Marketing Companies (COMAC) have held a two-day strategic retreat at the Peninsula Resort in Akosombo, aimed at setting the organisation’s priorities and operational direction for 2026.The retreat featured a formal Board meeting at which members reviewed key governance issues, approved strategic initiatives, and offered policy guidance...