Power Generation Companies (GENCOs) in Nigeria say the Presidential Villa’s decision to disconnect fully from the national grid by March 2026 represented a vote of no confidence in on-grid power.They argued that the decision, facilitated by a ₦17 billion independent solar mini-grid project, made the national grid unfit for purpose. Besides also noted that it...
Day: February 20, 2026
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Ghana Refers Maritime Boundary Dispute with Togo to International Arbitration
Ghana has formally initiated international arbitration proceedings to resolve its longstanding maritime boundary dispute with neighbouring Togo, signaling a shift from diplomatic negotiations to legal adjudication under international lawIn a statement issued Friday by the Presidency Communications Office, the government confirmed that it has officially notified Lomé of its decision to seek delimitation of the...
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Parliament Approves Extension of Ghana’s Key Petroleum Agreements to 2040, Unlocking $2bn Investment Boost
The Ghana petroleum agreements extension has received parliamentary approval, paving the way for continued oil and gas production and fresh investments in the country’s upstream sector.Parliament ratified the extension of the West Cape Three Points (WCTP), Deepwater Tano (DWT) Petroleum Agreements and the Master Gas Agreement to December 31, 2040.The decision follows the signing of...
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Kosmos Energy Licenses Extended to 2040 as Parliament Ratifies Agreements
Parliament has formally ratified license extensions for Kosmos Energy Ghana, allowing the West Cape Three Points and Deepwater Tano Petroleum Agreements to run through 2040.The decision secures the long-term future of the Jubilee and TEN offshore fields and is expected to unlock up to $2 billion in incremental investment aimed at boosting oil production and...
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NPA, Industry Players Discuss Strategy for 24-Hour Economy Pilot Implementation
The National Petroleum Authority (NPA) has held a strategic meeting with the 24-Hour Economy Authority to deliberate on the pilot implementation of the 24-hour economy programme within Ghana’s downstream petroleum industry. The meeting, held on Thursday, 19 February 2026, was chaired by the NPA Chief Executive, Mr. Godwin Kudzo Tameklo, Esq. The NPA team included...
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PHDC, GNPC Form New Alliance to Strengthen Ghana’s Energy Security
Ghana’s ambition of strengthening its energy security and becoming Africa’s energy hub has received a major boost following the announcement of a partnership between two key institutions: the Petroleum Hub Development Corporation and the Ghana National Petroleum Corporation. On Thursday, February 19, 2026, the two institutions unveiled a ten-member working committee, which will be co-chaired...