The National Petroleum Authority (NPA) is set to fully roll out Ghana’s Cylinder Recirculation Model (CRM) in 2026, following board approval of a key cylinder investment margin to support bottling plants nationwideThe Director of Business Development at the NPA, Godwin Yaw Konu, disclosed this at the Africa Extractives Media Fellowship training session in Accra on...
Day: February 19, 2026
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COMAC, CBOD Condemn Alleged Diversion of LPG Fund to GCMC, Demand Immediate Reversal
The Chamber of Oil Marketing Companies (COMAC) and the Chamber of Bulk Oil Distributors (CBOD) have strongly condemned what they describe as the unlawful diversion of funds from the LPG Fund to the Ghana Cylinder Manufacturing Company (GCMC) and have called its immediate reversal.In a joint statement, the two industry bodies said they were “appalled”...
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COMAC, CBOD Condemn Alleged Diversion of LPG Fund to GCMC, Demand
Immediate ReversalThe Chamber of Oil Marketing Companies (COMAC) and the Chamber of Bulk Oil Distributors (CBOD) have strongly condemned what they describe as the unlawful diversion of funds from the LPG Fund to the Ghana Cylinder Manufacturing Company (GCMC) and have called its immediate reversal.In a joint statement, the two industry bodies said they were...
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Energy Minister Engages Cenpower on Power Sector Reforms and Collaboration
The Minister of Energy and Green Transition, Dr. John Jinapor, has received a courtesy call from Cenpower Generation Company Limited, one of Ghana’s leading independent power producers, in Accra.The meeting focused on recent developments within the power sector and explored opportunities for sustained collaboration in support of President John Dramani Mahama’s energy agenda. During the...
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Tinubu Signs Executive Order Mandating Direct Remittance of Oil, Gas Revenues to Federation Account
Nigeria’s President Bola Tinubu has signed a sweeping Executive Order mandating the direct remittance of oil and gas revenues to the Federation Account, in a move aimed at boosting government earnings, eliminating revenue leakages and restructuring key financial provisions under the Petroleum Industry Act (PIA).The directive, issued pursuant to Section 5 of the 1999 Constitution...
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GOIL Sustains Upward Momentum in 2026 Following 95% Share Price Surge
GOIL PLC has carried its strong market performance into 2026 after delivering an impressive 95 percent share price growth in 2025, further strengthening investor confidence in the company’s transformation agenda.The indigenous oil marketing company has emerged as one of the top performers on the Ghana Stock Exchange in the early months of 2026. Its share...
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Ghana Gas CEO Joins Sentuo Group to Celebrate Chinese New Year, Strengthening Energy Ties
The Chief Executive Officer of Ghana National Gas Limited Company (Ghana Gas), Ms. Judith Adjobah Blay, joined the Sentuo Group to mark this year’s Chinese New Year, also known as the Spring Festival, at the premises of Sentuo Oil Refinery Company.The celebration brought together industry leaders and key stakeholders, highlighting the spirit of unity, renewal...