Ghana National Petroleum Corporation (GNPC) has launched a strategic collaboration with the Public Procurement Authority (PPA) to elevate the technical and administrative competencies of indigenous businesses within the country’s high-stakes oil and gas sector.This initiative, recently centered in the industrial hub of Tema, focuses on dismantling the structural and educational barriers that have historically prevented...
Month: April 2026
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Western Regional chiefs laud Karpowership Ghana during visit
Karpowership Ghana has hosted a distinguished delegation from the Western Regional House of Chiefs aboard its powership, Karadeniz Powership Osman Khan. It offered an in-depth look into its operations and the critical role it plays in supporting Ghana’s energy needs. The visit, led by Nana Kobina Nketsia V, brought together 17 respected chiefs from across...
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ASEC Rejects Calls for Load-Shedding Timetable, Urges Urgent Power System Reforms
The Africa Sustainable Energy Centre has urged stakeholders and the public to shift attention away from demands for a load-shedding timetable and instead focus on addressing the root causes of Ghana’s recent power disruptions. According to the Centre, introducing a timetable at this stage could normalise a problem that should rather be tackled through stronger...
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COMAC CEO Highlights Mental Well-Being at GOIL HSSEQ Week
The Chief Executive Officer of the Chamber of Oil Marketing Companies (COMAC), Dr. Riverson Oppong, has underscored the importance of promoting mental well-being and supportive workplace cultures within Ghana’s downstream petroleum sector. Dr. Oppong made the remarks when he led a delegation from COMAC to participate in the GOIL PLC HSSEQ Week celebration, held under...
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COMAC PAYS WORKING VISIT TO QUANTUM TERMINALS IN TEMA
The Chamber of Oil Marketing Companies (COMAC) has embarked on a one-day working visit to Quantum Terminals in Tema as part of this year’s safety week celebration. The visit was to help gain deeper insights into terminal operations, safety protocols, and the vital role infrastructure plays in ensuring efficient and reliable fuel distribution across the...
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NPA Chief Executive Champions Stronger Safety Culture at GOIL HSSEQ Week 2026
The Chief Executive of the National Petroleum Authority (NPA), Mr. Godwin Kudzo Tameklo Esq., has reaffirmed the Authority’s unwavering commitment to strengthening health, safety, security, environment, and quality (HSSEQ) standards across Ghana’s downstream petroleum sector. He was speaking as a Special Guest at the 2026 HSSEQ Week celebration hosted by GOIL PLC at the GOBitumen...
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The GNPC-PIAC Impasse: Why Explorco’s Revenue Cannot be Subject to the Petroleum Holding Funds – Dr. Donkor
Dr. Kwabena Donkor argues Explorco, though owned by Ghana National Petroleum Corporation, is legally separate under the Companies Act, 2019 (Act 992), so its revenues are not subject to Petroleum Holding Fund rules as argued by PIAC Amid the ongoing disagreement between the Ghana National Petroleum Corporation (GNPC) and the Public Interest and Accountability Committee...
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UAE Breaks from OPEC+: Capacity Ambitions Redefine Global Oil Market Balance
Emery Invest Official: The United Arab Emirates’ decision to withdraw from the Organization of the Petroleum Exporting Countries (and the broader OPEC+ framework) effective May 1 marks a significant inflection point in global oil market dynamics.For context, under OPEC+, the UAE operated with a production baseline of roughly 3.17–3.4 million barrels per day, following hard-fought...
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Fuel prices dip from May 1 as diesel drops sharply, LPG set to surge.
Fuel prices are set for a mixed adjustment from Friday, May 1, 2026, with petrol and diesel expected to decline, while Liquefied Petroleum Gas (LPG) is expected to increase sharply. Data from the Chamber of Oil Marketing Companies shows petrol could drop by up to 0.51% per litre. This could see some Oil Marketing Companies...
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Power boost at Akosombo as fourth unit comes back online in late-night breakthrough
Energy Minister John Abdulai Jinapor has announced a key milestone in power generation efforts, revealing that an additional unit at the Akosombo Dam has been successfully restored to operation. In a brief update shared on Tuesday night, the Minister disclosed that “at 9:09 pm, the fourth unit at Akosombo Dam was successfully brought into operation,”...