Fuel prices are expected to fall significantly from Wednesday, July 1, as global crude oil prices decline and the cedi records a marginal gain against the US dollar.The Chamber of Petroleum Consumers (COPEC) says the combined effect of falling crude prices and currency movements will translate into lower pump prices for petrol, diesel, and LPG...
Month: June 2026
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GRIDCo shutdown Achimota, Mallam power stations following torrential rains.
Torrential rains and severe flooding across the Greater Accra Region have forced an emergency, temporary shutdown of the Mallam and Achimota primary substations. In a joint statement released today, the Ghana Grid Company Ltd. (GRIDCo) and the Electricity Company of Ghana (ECG) explained that the drastic measure was taken to protect both infrastructure and human...
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Karpowership Ghana wins 2 prestigious awards at 2026 Health, Environment, Safety and Security (HESS) Awards
Karpowership Ghana Company Limited has once again demonstrated its commitment to environmental sustainability and operational excellence by winning two prestigious honours at the 2026 Health, Environment, Safety and Security (HESS) Awards. The company received the Best Environmental Protection Campaign Award and the Best Company in Environmental Management Practices Award, recognising its outstanding environmental stewardship, commitment...
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Fuel Price Competition Raises Sustainability Concerns
Fuel Pumps Ghana’s highly competitive fuel retail market, long regarded as one of the success stories of the country’s downstream petroleum reforms, is coming under renewed scrutiny as industry leaders warn that aggressive price competition could threaten the long-term stability of the sector. The debate gained fresh attention at the Ghana Biennial International Summit and...
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Forget energy transition, produce oil like nothing before
Forget energy transition, produce oil like nothing before The world does not have an energy problem. It has an energy supply problem. As demand rises, populations grow, and billions of people continue to live without reliable access to electricity and clean cooking technologies, the case for producing more energy has never been stronger. From Africa...
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Africa Shifts Focus to Power Infrastructure to Tackle Energy Poverty
frica’s energy debate is increasingly moving beyond how to generate electricity to how to deliver it reliably, as governments, investors and industry leaders place greater emphasis on power infrastructure needed to support industrialisation and close the continent’s electricity access gap. That shift is expected to take centre stage at African Energy Week (AEW) 2026 through...
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Fuel Levy cash cleared IPP debts and restored Ghana’s credit standing – PURCboss
The Executive Secretary of the Public Utilities and Regulatory Commission (PURC), Dr Shaffic Suleman, says revenue from the GH¢1 levy on petroleum products has been critical in clearing long-standing energy sector debts and stabilising Ghana’s power supply. Speaking on Joy News’ PM Express Business Edition, he said the funds—amounting to what he described as about...
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Ghana Now Producing 28,000Bpd Under New Turnaround
Hon. John Abdulai Jinapor, the Minister for Energy and Green Transition, has announced a massive resurgence in Ghana’s domestic petroleum refining sector, revealing that the nation has successfully achieved a production capacity of 28,000 barrels per day (bpd). This remarkable turnaround follows years of total stagnation at the state-owned Tema Oil Refinery (TOR), an asset...
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Karpowership leads community tree planting exercise in Essikado
Karpowership Ghana Company Limited has reinforced its commitment to environmental sustainability and community development with a tree planting exercise in Essikado in the Western Region. The initiative, which forms part of the company’s environmental sustainability efforts, saw the planting of 1,000 trees, including mahogany and mansonia species, as Karpowership Ghana continues to support Ghana’s afforestation...
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Ghana to Shift to Onshore Drilling by End of 2026
President of Ghana, H.E. John Dramani Mahama, has announced a historic pivot in the nation’s energy strategy, revealing that the country is set to commence its first-ever onshore oil drilling operations in the Voltaire Basin before the close of 2026. This monumental shift marks a critical transition for Ghana, which has historically relied entirely on...