Ghana’s upstream petroleum industry is poised for a fresh wave of investment after the government resolved outstanding disputes with key oil and gas operators, removing a major source of uncertainty that had weighed on investor confidence. The development, according to the Chief Executive Officer of the Petroleum Commission, Emeafa Hardcastle, has created a more predictable...
Month: August 2026
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ACEP Calls for Tougher Oversight of GNPC as Petroleum Revenue Funding Comes Under Review
Ghana faces a defining decision over the future financing of the Ghana National Petroleum Corporation as its statutory access to petroleum revenues approaches expiry in 2026, with the Africa Centre for Energy Policy warning that any extension should be tied to measurable performance, stronger governance and tighter parliamentary oversight.Kodzo Yaotse, Policy Lead for Petroleum and...
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Jinapor Commissions New PURC Head Office
Jinapor Commissions New PURC Head Office Minister of Energy and Green Transition, Dr John Abdulai Jinapor, has commissioned the new Head Office Complex of the Public Utilities Regulatory Commission (PURC) on behalf of President John Dramani Mahama. The new facility is expected to strengthen PURC’s capacity to effectively regulate public utilities, protect consumers and contribute...
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IES demands stronger safeguards amid temporary Akosombo power arrangement
The Institute for Energy Security (IES) is demanding stronger safeguards around the temporary power arrangement at the Akosombo Generating Station to prevent technical faults from triggering widespread power outages. Senior Research and Policy Analyst at IES, Derrick Xatse, said while a permanent solution to the challenges affecting the Akosombo transmission infrastructure is necessary, the interim...
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Africa’s Power Gap Strengthens Case For Nuclear Energy
Africa’s widening electricity needs are placing greater pressure on governments to expand generation capacity while improving the reliability of existing power systems, with nuclear energy emerging as one of the technologies being considered for the continent’s long-term energy mix. Professor Abdulai Baba Salifu, Chairman of the Governing Board of the Ghana Atomic Energy Commission (GAEC),...
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AEW 2026 To Explore Africa’s Shift From Local Content Participation To Industrialization
As Africa develops its estimated 125.3 billion barrels of crude oil and 620 trillion cubic feet of natural gas to strengthen energy security and expand local economies, local-content frameworks are entering a new phase. Governments are moving beyondrequirements for local employment and procurement toward building domestic industrial capacity and strengthening digital compliance while maintaining an...
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Namibia Must Turn Oil Discoveries into Lasting National Wealth – President
Namibia must move swiftly from oil discoveries to responsible development and ensure that petroleum resources translate into jobs, business opportunities, skills and sustainable national wealth, President Dr. Netumbo Nandi-Ndaitwah has said. The President said the country’s emerging oil and gas industry must become a catalyst for economic transformation, industrialisation and enterprise development rather than operate...
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Ghana Pushes Five New Oil Deals By 2027
Ghana Pushes Five New Oil Deals By 2027hana is accelerating efforts to attract fresh upstream investment, with the Petroleum Commission targeting at least five new petroleum agreements by the end of 2027 as declining production from mature fields increases the urgency of exploration.The planned agreements form part of a broader attempt to replenish Ghana’s petroleum...
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Ghana’s Energy Transition Needs More Than Renewable Targets
hana has developed the foundations of a renewable-energy policy ecosystem, but implementation, financing and grid readiness remain the decisive tests for turning those ambitions into meaningful changes in the country’s energy mix. That is one of the clearest messages emerging from the Africa Sustainable Energy Centre’s assessment of Ghana alongside other African energy systems. ASEC...
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From Transparency to Impact: PIAC Seeks Stronger Accountability Over Ghana’s Oil Wealth PIAC @15
Ghana’s Public Interest and Accountability Committee is marking 15 years of petroleum revenue oversight with a renewed push to ensure transparency translates into measurable development outcomes, as the country confronts the longer-term question of what legacy its oil wealth will leave. The anniversary is being commemorated under the theme, “PIAC@15: Advancing Resource Governance through Transparency...