The Senior Staff Union (SSU) and Junior Staff Union (JSU) of the Electricity Company of Ghana (ECG) are set to stage a nationwide demonstration on Tuesday, September 29, 2026, to protest the proposed private sector participation (PSP) in the company. The unions said the peaceful demonstration will take place across all ECG operational regions and...
Day: September 25, 2026
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Tema Oil Refinery Receives 950,000 Barrels of Sankofa Crude in Landmark GNPC Partnership
The Tema Oil Refinery (TOR) has received 950,000 barrels of light sweet crude oil from Ghana’s Sankofa-Gye Nyame Field in a landmark supply arrangement with the Ghana National Petroleum Corporation (GNPC). The crude, produced from the Offshore Cape Three Points (OCTP) block and supplied through GNPC, is expected to be processed at TOR into petroleum...
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Iran-US Conflict Raises Power Cost Concerns as IBEDC Says Domestic Funding, Not Crude Prices, Remains Key
By Energy Crossroad correspondent Jeremiah Aderibigbe: The Iran-US conflict and its potential impact on international crude oil and gas prices have raised questions about the cost and availability of fuel for electricity generation in Nigeria, but the Ibadan Electricity Distribution Company (IBEDC) says the more immediate challenge facing the domestic power sector is the flow...
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Ghana Reconsiders Dollar Rules For Local Refining
Ghana’s attempt to build a stronger domestic refining industry is bringing an often-overlooked part of the petroleum value chain into sharper focus: how local refineries finance the crude they process. The issue surfaced during Parliament’s Energy Committee’s engagement with Sentuo Oil Refinery in Tema, where lawmakers examined the refinery’s operations, expansion plans and contribution to...
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PARLIAMENT’S ENERGY COMMITTEE VISITS GOIL PLC
The Parliamentary Select Committee on Energy has paid a working visit to GOIL PLC as part of its oversight responsibilities. Led by Group CEO & Managing Director, Mr Edward Abambire Bawa, GOIL Management engaged the Committee on the Company’s operations, strategic investments, fuel security role, ongoing expansion projects and key industry challenges. Albert Tetteh Nyakotey,...
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TOR Debt Relief Opens New Refining Reset
Ghana’s plan to remove about US$120 million from the Tema Oil Refinery’s (TOR) legacy obligations could give the state-owned refinery additional room to rebuild its finances, but the relief will need to be matched by operational reforms if it is to translate into sustained domestic refining. The proposed write-off, which TOR Managing Director Edmond Kombat...
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COMAC demands indefinite suspension of Section 136 of Customs Act 2026
The Chamber of Oil Marketing Companies (COMAC) has called for the indefinite suspension of Section 136 of the Customs Act, 2026 (Act 1179), arguing that the provision poses significant risks to fuel supply, revenue collection and the stability of Ghana’s downstream petroleum industry. In a letter dated September 23, 2026, and addressed to the Commissioner-General...