Month: August 2026

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IES calls for enforcement of Ghana’s Domestic Market Obligation as TOR resumes operations

IES calls for enforcement of Ghana’s Domestic Market Obligation as TOR resumes operations

The Institute for Energy Security (IES) is calling on government to immediately enforce Ghana’s Domestic Market Obligation (DMO) regulations, arguing that the return of the Tema Oil Refinery (TOR) to operations has removed the main practical obstacle to implementation.In a policy research paper released on August 14, 2026, the energy think tank said the legal...

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Genser Energy secures 456m euros to accelerate next phase of growth across West Africa

Genser Energy secures 456m euros to accelerate next phase of growth across West Africa

Genser Energy Investments LLC (“Genser” or the “Company”), a leading integrated energy company in West Africa, today announced the successful completion of a 456 million euros term and revolving credit facilities package arranged by First Rand Bank Limited (acting through its Rand Merchant Bank Division) (“RMB”), Absa Bank Limited (acting through its Corporate and Investment...

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Oil Nears $90 as Hormuz Tensions Raise Ghana’s Fuel Risks

Oil Nears $90 as Hormuz Tensions Raise Ghana’s Fuel Risks

Oil prices are moving back towards the US$90-per-barrel threshold, as stalled US-Iran negotiations and sharply reduced shipping through the Strait of Hormuz revive concerns about the durability of global petroleum supplies. Brent crude rose by more than 1% in early Asian trading on Monday, August 17, with renewed geopolitical uncertainty providing fresh support to prices....

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COMAC Projects Mixed Movement in Fuel Prices as Cedi Gains Offer Potential Relief

COMAC Projects Mixed Movement in Fuel Prices as Cedi Gains Offer Potential Relief

The Chamber of Oil Marketing Companies (COMAC) is projecting a mixed movement in ex-pump petroleum prices in the coming pricing window, with petrol and liquefied petroleum gas (LPG) expected to decline while diesel prices could increase. According to COMAC, petrol prices are projected to fall by between 1.50% and 2.90%, while LPG prices could decrease...

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Energy Minister Calls for Greater Investment and Performance in Petroleum Sector

Energy Minister Calls for Greater Investment and Performance in Petroleum Sector

Energy Minister Dr John Jinapor has joined the management, staff and stakeholders of the Ghana National Petroleum Corporation (GNPC) for the corporation’s 3rd Annual General Meeting. Dr Jinapor commended the Board, management and staff of GNPC for their efforts and achievements in 2025, urging them to build on the progress in 2026 through decisive leadership,...

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Energy Minister Inspects Emergency Restoration Works on Tema–Achimota Transmission Line

Energy Minister Inspects Emergency Restoration Works on Tema–Achimota Transmission Line

Energy and Green Transition Minister Dr John Jinapor has inspected ongoing emergency restoration works on the damaged Tema–Achimota 161kV transmission line near Ashaiman Middle East.The damage occurred when a fuel tanker undergoing welding works beneath the transmission line exploded, propelling part of the tanker more than 300 metres into one of the transmission towers and...

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Ghana Moves to Turn Public Buildings into Clean-Energy Assets

Ghana Moves to Turn Public Buildings into Clean-Energy Assets

Ghana is moving to transform public buildings from some of the country’s largest energy consumers into a new frontier for clean-energy investment, as the Energy Commission and GIZ intensify efforts to mobilise financing for renewable energy and energy-efficiency projects across government facilities.At a high-level roundtable in Accra, officials, development partners, financial institutions and private-sector investors...

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Energy and Defence Join Forces to Protect Ghana’s Critical Infrastructure

Energy and Defence Join Forces to Protect Ghana’s Critical Infrastructure

Ghana is moving to deepen cooperation between the energy and defence sectors as concerns grow globally over the vulnerability of critical infrastructure to physical, cyber and operational threats. Energy and Green Transition Minister Dr. John Abdulai Jinapor announced that he had held discussions with Lieutenant General William Agyapong, Chief of Defence Staff of the Ghana...

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GNPC Marks 40 Years with Renewed Focus on Production Growth, Gas and Exploration

GNPC Marks 40 Years with Renewed Focus on Production Growth, Gas and Exploration

The Ghana National Petroleum Corporation (GNPC) has marked four decades of operations with a renewed focus on restoring growth in petroleum production, expanding gas commercialisation, advancing exploration, and strengthening its capacity to take on a greater operatorship role.The Corporation outlined these priorities at its 3rd Annual General Meeting, held at the Labadi Beach Hotel in...

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NPA Signals Broader Refining and Storage Push for Ghana’s Energy Security

NPA Signals Broader Refining and Storage Push for Ghana’s Energy Security

Ghana’s downstream petroleum regulator is signalling a broader strategy for energy security that goes beyond fuel pricing and market oversight, placing renewed emphasis on refining, storage infrastructure, gas-based fuels and long-term policy stability as the country seeks to strengthen its position as a regional energy hub. The message emerges from a detailed industry briefing by...