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Day: July 20, 2026

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Nigeria Built Refineries, Yet Dollar Sets Petrol Prices

Nigeria Built Refineries, Yet Dollar Sets Petrol Prices

Nigeria’s petrol market has entered another period of uncertainty. This time, the problem is not simply whether the country has enough refining capacity.The deeper issue is that Nigeria may now refine more fuel locally, yet the price Nigerians pay remains tied to the dollar.Some petroleum marketers have suspended fresh petrol purchases after depot prices in...

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GHIPCON 2026 Moderator Calls for Institutional Readiness to Bridge Africa’s Downstream Investment Gap

GHIPCON 2026 Moderator Calls for Institutional Readiness to Bridge Africa’s Downstream Investment Gap

The Founder and Chairman of Wingfield Group has underscored the need for stronger institutions, improved governance, and bankable projects to attract investment into Africa’s downstream petroleum sector, arguing that the continent’s biggest challenge is not access to capital but readiness to deploy it effectively. Sharing his reflections after moderating a panel discussion at the Ghana...

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NPA Chief Executive lauds 2026 Ghana Downstream Awardees for driving the Industry

NPA Chief Executive lauds 2026 Ghana Downstream Awardees for driving the Industry

The Chief Executive of the National Petroleum Authority (NPA), Mr. Godwin Kudzo Tameklo Esq., has commended the nominees and winners of the 2026 Ghana Downstream Awards for their contribution to the growth and sustainability of the country’s downstream petroleum industry.Speaking at the second edition of the Ghana Downstream Awards and Gala Night on Saturday, Mr....

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Reliable power critical to Ghana’s 24-Hour Economy – VRA Chief Executive

Reliable power critical to Ghana’s 24-Hour Economy – VRA Chief Executive

The Chief Executive of the Volta River Authority (VRA), Edward E. Obeng-Kenzo, has underscored the critical role of reliable, affordable and sustainable electricity in the successful implementation of Ghana’s 24-Hour Economy.He stressed that the country’s industrial transformation agenda cannot be realised without uninterrupted power supply.He said the Government’s 24-Hour Economy and Accelerated Export Development Programme...

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GNPC and Niger’s SONIDEP Strengthen Partnership to Advance Africa’s Energy Ambitions

GNPC and Niger’s SONIDEP Strengthen Partnership to Advance Africa’s Energy Ambitions

SPINTEX, GHANA – The Ghana National Petroleum Corporation (GNPC) welcomed a high-level delegation from Niger’s national oil company, SONIDEP, in a working visit that underlines the deepening ties between the two West African national oil companies. Led by Director General Mr. M. Ali Seibou Hassane, the five-member delegation toured GNPC’s Research and Technology Center as...