The addition of more than US$200 million in Corporate Income Tax (CIT) and accrued interest to Ghana’s Petroleum Fund has been described as a significant boost to the country’s oil revenue at a time when crude oil earnings are under pressure.Benjamin Nsiah, Executive Director of the Centre for Environmental Management and Sustainable Energy (CEMSE), says...
Day: February 13, 2026
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Kosmos Energy Reaffirms Long-Term Commitment To Ghana’s Oil Growth
The Chief Executive Officer of Kosmos Energy, Andrew G. Inglis, has reaffirmed the company’s long-term commitment to Ghana’s upstream petroleum sector following a high-level meeting with President John Dramani Mahama. According to Inglis, discussions centered on boosting crude production, strengthening operational efficiency, and creating sustainable economic value through continued collaboration.“We spoke about our shared commitment...
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Fire officers contain gas leakage at virgin petroleum station in Budumburam, near Accra
Firefighters from the Weija Fire Station on Wednesday, 11th February 2026, swiftly contained a gas leakage at Virgin Petroleum Company Limited, Buduburam.The crew, responded promptly at 1356 hours to a distress call, arriving in good time to prevent a potential fire or explosion Upon arrival, firefighters immediately evacuated workers, contractors, and nearby residents, secured the...
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Puma Energy, Hass Petroleum Partner to Distribute Lubricants in DRC
Puma Energy, a leading downstream energy company, has entered into a lubricant distribution partnership with Hass Petroleum Group to expand its footprint into the Democratic Republic of Congo (DRC). The agreement, signed at the Investing in African Mining Indaba conference in Cape Town, marks the first time Puma Energy’s lubricant brand will be introduced into...
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Bulk Customers Push for Lower Tariffs, Better Service in Electricity Market Reform at Energy Commission Stakeholder Engagement.
Ghana’s largest industrial and commercial electricity consumers are calling for urgent tariff reforms and improved service reliability, warning that current power costs are eroding their competitiveness. Chaired by Mr. Samuel Kwadwo Sarpong, Chairman of the Electricity Market Oversight Panel (EMOP), and Mr. Anthony C. Bleboo, Director for Electricity and Natural Gas at the Energy Commission,...
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Foreign Affairs Ministry, Nuclear Power Ghana Strengthen Collaboration on Energy Diplomacy
Nuclear Power Ghana (NPG) has briefed the Deputy Minister for Foreign Affairs, James Gyakye Quayson, on ongoing efforts to advance Ghana’s nuclear energy programme for peaceful and civilian purposes. The engagement took place on Wednesday, February 11, 2026, when a delegation led by NPG’s Executive Director, Dr. Stephen Yamoah, paid a courtesy call on the...
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Energy Minister inaugurates Newly Constituted Board of VRA Resettlement Trust Fund
The Minister for Energy and Green Transition, John Jinapor, has sworn in the newly constituted Board of the VRA Resettlement Trust Fund, urging members to remain focused on the core mandate for which the Trust was established. He charged the Board to prioritize critical areas such as public health, education and sanitation, as well as...