MANI Africa, the Chamber of Petroleum Consumers (COPEC), the Institute for Energy Security (IES), and the Institute for Energy Strategy (INSTEPR) have jointly proposed a cumulative reduction of GH¢1.65 in the current petroleum price build-up. This unified call follows a directive from President H.E. Mahama during the most recent cabinet meeting, which tasked the Ministries...
Day: April 14, 2026
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Petroleum Hub Project— Solution to Ghana’s Energy Security Crisis
Global crude oil markets are once again on edge as prices decisively surged past the $100 per barrel mark following the sudden collapse of a critical ceasefire agreement. The Petroleum Hub Development Corporation (PHDC) notes that this sharp uptick is driven primarily by the renewed threat of closure for the Strait of Hormuz, the world’s...