The Ghana Grid Company Limited (GRIDCo) has attributed the widespread power outage recorded across parts of the country on Thursday, August 20, 2026, to a major fault on the Akosombo–Volta transmission line.According to GRIDCo, the fault occurred at approximately 4:30 a.m. and triggered the automatic shutdown of the Akosombo generating units and some thermal generating...
Month: August 2026
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Energy Minister Calls for Transformation as Petroleum Commission Marks 15th Anniversary
The Minister for Energy and Green Transition, Dr John Abdulai Jinapor, has called for a renewed focus on transforming Ghana’s upstream petroleum sector as the Petroleum Commission marks its 15th anniversary. Dr Jinapor made the call when he officially launched the Commission’s 15th Anniversary celebrations, commending the institution for its significant contribution to the regulation...
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𝐂𝐎𝐌𝐀𝐂 𝐄𝐍𝐆𝐀𝐆𝐄𝐒 𝐖𝐈𝐓𝐇 𝐁𝐎𝐒𝐓 𝐄𝐍𝐄𝐑𝐆𝐈𝐄𝐒 𝐊𝐔𝐌𝐀𝐒𝐈 𝐃𝐄𝐏𝐎𝐓
The Chamber of Oil Marketing Companies (COMAC) recently visited the BOSTenergies Kumasi Depot as part of its Depot Familiarisation Exercise, which seeks to enhance COMAC’s understanding of depot operations and strengthen relationships with key industry stakeholders. The visit provided COMAC with an opportunity to gain firsthand insight into the depot’s operations, infrastructure, and ongoing developments,...
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Jinapor Leads Ghana Energy Stakeholders in World Bank Energy Sector Recovery Talks
Key stakeholders in Ghana’s energy sector are engaging the World Bank this week as part of the Ghana Energy Sector Recovery Programme for Results (PforR) Implementation Support Mission. The mission, being led by key sector stakeholders including the sector Minister Dr John Abdulai Jinapor, is providing an opportunity to assess progress made under the programme,...
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GIPA, GUTA Outline Roadmap to Protect Informal Retail Space for Ghanaians
The Ghana Investment Promotion Authority (GIPA) and the Ghana Union of Traders Association (GUTA) have outlined a collaborative roadmap to safeguard Ghana’s informal retail sector, which is reserved exclusively for Ghanaian citizens under the GIPA Act, 2026 (Act 1117). The strategic meeting, convened under the directive of the Ministry of Trade, Agribusiness and Industry (MoTAI)...
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PHDC Deputy CEO Reaffirms Government’s Commitment to Youth Skills Development
The Deputy Chief Executive Officer in charge of Operations and Technical Affairs at the Petroleum Hub Development Corporation (PHDC), Onasis Kobby Rosely, has reaffirmed the government’s commitment to equipping Ghanaian youth with practical skills and opportunities to improve their livelihoods. He said the government, under President John Dramani Mahama, had introduced a number of initiatives...
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GNPC’s 2025 Performance Raises Questions Over Production, Liquidity and Capital Strategy
The Ghana National Petroleum Corporation’s (GNPC) 2025 Annual Report presents strong headline financial figures, but a closer examination points to emerging challenges around declining oil production, liquidity, gas-sector exposure and the Corporation’s ambitious capital programme. An analysis of the report by energy analyst Joseph Narh suggests that GNPC’s performance should be assessed beyond its profitability...
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PHDC, OmniBSIC Bank Explore Partnership to Advance Petroleum Hub Project
The Chief Executive Officer of the Petroleum Hub Development Corporation (PHDC), Dr Toni Aubynn, has paid a courtesy call on the Managing Director of OmniBSIC Bank, Mr Daniel Asiedu, as part of efforts to explore strategic partnerships to advance the Petroleum Hub project. The meeting, held on Monday, focused on potential areas of collaboration between...
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GNPC Races to Reverse Ghana’s Oil Production Decline
Ghana’s petroleum industry is confronting a problem that cannot be solved by squeezing more output from existing fields alone: the country’s mature oil assets are continuing to decline, while new production has yet to arrive at a scale capable of replacing the barrels being lost. GNPC’s 2025 Annual Report records the fifth consecutive year of...
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OMCs commence fuel price reviews; Star Oil sells petrol at GH¢14.97, diesel kept at GH¢16.97
Some Oil Marketing Companies (OMCs) have started reviewing prices of petroleum products at the pumps from this morning, August 17, 2026.Star Oil has taken the lead among the top oil marketing companies, as Joy Business checked the prices of petroleum products across some pump stations this morning.Star Oil has reduced the price of petrol from...