The Chief Executive Officer of the Ghana Chamber of Bulk Oil Distributors (CBOD), Dr. Patrick K. Ofori, has delivered a presentation on sustaining the region’s refined petroleum products supply chain, at the Argus West Africa Oil Forum held in Accra,.Dr. Ofori highlighted the growing demand for petroleum products across West Africa, driven by population growth,...
Day: March 18, 2026
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Legacy Debt, Low Capacity Blamed for Liberia’s Power Outages Liberia Electricity
Corporation (LEC) Managing Director Mohammed M. Kamara has attributed the country’s persistent power outages to outstanding legacy debts to Guinea and Ivory Coast, low domestic generation capacity, and technical problems affecting external suppliers.Appearing before the Liberian Senate on Tuesday, Mr. Kamara explained that Ivory Coast, which previously supplied Liberia with about 50 megawatts, reduced exports...
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IEA Launches Nuclear Energy Programme to Support Ghana’s Energy Future
IEA Launches Nuclear Energy Programme to Support Ghana’s Energy FutureThe Ghana Nuclear Power Programme has received a major boost following the launch of a new initiative by the Institute of Economic Affairs aimed at deepening dialogue and advocacy around nuclear power development.The programme, unveiled at a high-level roundtable held at the IEA Dialogue Centre in...
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Chevron’s Local Engagement Strategy in Africa Sets the Standard for International Oil Companies (IOC) Operating on the Continent
As global energy companies expand local engagement reporting frameworks, a central question remains: how closely do sustainability commitments align with on-the-ground impact? For IOCs operating in Africa, the answer increasingly depends on whether local engagement principles translate into local economic participation, infrastructure development and technology transfer. For Chevron, one of the continent’s longest-standing operators, that...
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PHDC and Mighty Gager sign $1 billion MoU for Construction of Storage Tanks
The Petroleum Hub Development Corporation (PHDC) and Mighty Gager Company Limited have signed a Memorandum of Understanding (MoU) for the construction of 2 million metric tons of storage tanks at Jomoro in the Western Region.The Chief Executive Officer of PHDC, Dr. Toni Aubynn, lauded the move by the CEO of Mighty Gager Company Limited, Kevin...
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Fuel price crisis may trigger presidential intervention – NPA boss
The CEO of the National Petroleum Authority (NPA), Godwin Edudzi Tamaklo, has signalled that Ghana could see high-level intervention if fuel prices continue to surge, with discussions potentially escalating to the Presidency. Speaking on PM Express on Joy News, he indicated that current market conditions are being closely monitored, but tougher decisions may be required...
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COMAC CEO Assures Stable Fuel Supply Despite Middle East Tensions
The Chief Executive Officer of the Chamber of Oil Marketing Companies (COMAC), Dr. Riverson Oppong, has assured Ghanaians of continued stability in the supply of petroleum products despite escalating tensions involving Iran, Israel, and the United States in the Gulf region.Speaking on State of Affairs on GHOne TV, Dr. Oppong downplayed the potential impact of...