Ghana’s mounting electricity-sector liabilities are increasingly being driven by a mismatch between generation contracts and the country’s ability to absorb, deliver and recover revenue from the power it purchases, according to the Africa Centre for Energy Policy (ACEP). The warning follows the U.S. bribery conviction linked to the AKSA Enerji power project, which ACEP says...
Month: August 2026
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GNPC Sees Voltaian Basin as Ghana’s Next Petroleum Frontier
Ghana’s National OilCompany is positioning the Voltaian Basin as the country’s most important long-term upstream frontier, arguing that the underexplored basin could reshape Ghana’s petroleum future at a time when global investment capital is becoming increasingly selective.According to the report, Ghana National Petroleum Corporation (GNPC) Chief Executive Kwame Ntow Amoah said the basin represents a...
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Ghana’s refining capacity yet to shield fuel market from global shocks – CEMSE
Ghana’s growing refining capacity will improve fuel security but cannot yet fully shield the country from global petroleum market shocks, Benjamin Nsiah, an energy expert, has said. He said local refineries operating at full capacity could meet about 60 per cent of current domestic petroleum demand, leaving the country dependent on imports for the remainder.Mr...
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Jinapor Engages Upstream Petroleum Chamber on Oil Production, Gas Supply and Sector Reforms
The Minister for Energy and Green Transition, Dr. John Abdulai Jinapor, has held discussions with the Ghana Upstream Petroleum Chamber on measures to strengthen the country’s upstream petroleum sector and attract increased investment. The engagement provided an opportunity for the Minister to review developments in the upstream industry since the government assumed office, outline interventions...
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CEMSE calls for disclosure of power purchase agreements after Berko conviction
The Centre for Environmental Management and Sustainable Energy (CEMSE) is calling for the publication and review of Ghana’s power purchase agreements (PPAs) signed from 2013, particularly those negotiated during periods of emergency power supply. The call follows the conviction of former Tema Oil Refinery (TOR) Managing Director Asante Kwako Berko in the United States over...
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Henos Launches Ghana’s First Drive-Thru LPG Outlet
Henos Energy has commissioned Ghana’s first Drive-Thru Cylinder Distribution Outlet (CDO) at East Legon Hills, introducing a new approach to LPG distribution that could change how urban consumers access cooking gas. The facility operates under the National Petroleum Authority’s (NPA) Cylinder Recirculation Model (CRM), allowing motorists to exchange empty cylinders for filled ones without leaving...
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PURC commends ECG for prompt response and dedicated serviceThe Public Utilities
Regulatory Commission (PURC), Ashanti Regional Office, has commended the Electricity Company of Ghana’s Ashanti Sub-Transmission Region for its prompt response and restoration of power. This follows a major electrical fault that affected several communities in Kumasi and surrounding areas.Ashanti Regional Manager of PURC, Edward Boduah Kingston, in a letter addressed to Ing. Kofi Apau Ohenese,...
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GNPC Courts Tema Chiefs Over Strategic Gas Infrastructure Project
The Ghana National Petroleum Corporation (GNPC) has intensified stakeholder engagement around the proposed Tema City Gate Project, holding discussions with the Tema Traditional Council as part of efforts to strengthen public support for one of the country’s emerging strategic gas infrastructure initiatives. The engagement comes at a time when Ghana is seeking to expand and...
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Ghana Shares Energy Efficiency Model with Eswatini
Ghana has strengthened its role as a regional reference point for energy efficiency regulation after the Energy Commission hosted a technical delegation from Eswatini for a knowledge-sharing programme focused on appliance standards, compliance systems and market oversight. The nine-member Eswatini delegation engaged with Ghanaian experts on the design and implementation of Minimum Energy Performance Standards...
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PETROSOL secures approval to raise capital on Ghana Stock Exchange
PETROSOL Platinum Energy PLC, one of the leading oil marketing companies has received approval from the Ghana Stock Exchange and the Securities and Exchange Commission to raise long-term capital through the Ghana Stock Exchange, Managing Director Michael Bozumbil has said. The approval marks a milestone for the company, which has evolved over two decades from...