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Day: September 3, 2026

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Ghana Holds Market Advantage Over Neighboring Countries – Dr. Aubynn

Ghana Holds Market Advantage Over Neighboring Countries – Dr. Aubynn

The Petroleum Hub Development Corporation has once again intensified its drive to attract strategic investment into Ghana’s petroleum sector following a compelling investment pitch delivered by the CEO of the Petroleum Hub Development Corporation, Dr Toni Aubynn, at the AOW: Energy Agenda 2026, which took place at Kempinski, Accra, Ghana. Speaking at the program, Dr...

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BOST energies posts 195% revenue growth, profit rises to GH¢684m

BOST energies posts 195% revenue growth, profit rises to GH¢684m

BOSTenergies Limited has recorded a significant improvement in its financial performance, with revenue surging by 195% to GH¢3.81 billion in 2025. The company’s profit after tax also increased by 72% to GH¢684 million, reflecting what the Minister for Energy and Green Transition, Dr John Abdulai Jinapor, described as a strong performance. Dr Jinapor made the...

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Ghana Seeks New Wave of Upstream Investment Through Reforms, Competitive Terms

Ghana Seeks New Wave of Upstream Investment Through Reforms, Competitive Terms

Ghana is seeking to unlock a new wave of investment in its upstream petroleum sector by improving regulatory efficiency, strengthening investor certainty and creating more competitive commercial and fiscal conditions. The issue took centre stage during Ghana Day on the second day of Africa Oil Week 2026, where industry stakeholders examined measures needed to convert...

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BOST ENERGIES LIMITED COMPANY (BOSTenergies) REPORTS STRONG 2025 PERFORMANCE, PAYS FIRST-EVER DIVIDEND TO GOVERNMENT

BOST ENERGIES LIMITED COMPANY (BOSTenergies) REPORTS STRONG 2025 PERFORMANCE, PAYS FIRST-EVER DIVIDEND TO GOVERNMENT

BOST Energies Limited Company (BOSTenergies) has reported strong financial and operational growth for the 2025 financial year, recording significant increases in revenue, profitability, assets and shareholder equity, while achieving a historic milestone with the payment of its first-ever dividend to the Government of Ghana. The performance was announced at the Company’s 2026 Annual General Meeting...

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$3.5bn Investment Drive Set to Lift Ghana’s Oil Production – Energy Ministry Advisor

$3.5bn Investment Drive Set to Lift Ghana’s Oil Production – Energy Ministry Advisor

Ghana is expecting a rebound in crude oil production by the end of 2026, with about US$3.5 billion in fresh investment commitments being channelled into some of the country’s major producing fields. Technical Advisor to the Ministry of Energy and Green Transition, Dr Yussif Sulemana, says increased drilling and renewed investment by operators are already...

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Nigeria’s Energy Transition is not about Oil and Renewables: It’s about Money

Nigeria’s Energy Transition is not about Oil and Renewables: It’s about Money

Nigeria may be asking the wrong question about its energy future. For years, the national conversation has been framed as a choice between oil and gas on one side and renewable energy on the other. One camp argues that Nigeria must continue exploiting its hydrocarbons. Another insists that the country must movetowards renewables. Both arguments...

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Ghana Advances New South Deepwater Tano Exploration Deal

Ghana Advances New South Deepwater Tano Exploration Deal

Ghana has taken another step towards expanding exploration activity in its upstream petroleum sector following the signing of a Memorandum of Understanding (MoU) covering the acquisition of petroleum exploration and production rights over the South Deepwater Tano Block. The agreement brings together the Government of Ghana, the Ghana National Petroleum Corporation (GNPC), Shell Overseas Holdings...

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Ghana Pitches Responsible Investment At AOW 2026

Ghana Pitches Responsible Investment At AOW 2026

Ghana has used the opening of Africa Oil Week 2026 to reinforce its ambition to attract responsible investment into the petroleum sector while accelerating exploration and ensuring that the country captures greater economic value from its oil and gas resources. Addressing the opening ceremony on behalf of President John Dramani Mahama, Chief of Staff Julius...