Consumers should brace for higher fuel costs in the first pricing window of March 2026, as petroleum prices are expected to increase marginally at the pumps. According to the Chamber of Petroleum Consumers (COPEC), “Petroleum prices beginning the 1st window of March 2026, are expected to see some marginal increments across the pumps.” COPEC projects...
Author: Justice Amissah (Justice Amissah)
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ASEC Calls for Urgent Reform in Ghana’s Petroleum Downstream Following Star Oil’s COMAC Exit
The Africa Sustainable Energy Centre (ASEC) has called for urgent reforms in Ghana’s petroleum downstream sector following the indefinite suspension of Star Oil Limited’s membership from the Chamber of Oil Marketing Companies (COMAC).Star Oil, Ghana’s leading indigenous Oil Marketing Company (OMC), cited unfair representation and a failure to advocate for consumer-friendly policies, particularly the contentious...
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IPGs debt payment: Energy expert urges gov’t to modernize electricity infrastructure to reduce loss
Energy expert and Executive Director of the Centre for Environmental Management and Sustainable Energy, Benjamin Nsiah, has commended the government for taking decisive steps to settle outstanding debts owed to Independent Power Generators (IPGs), describing the initiative as a major boost for Ghana’s energy sector.Speaking on Accra 100.5 FM on Monday, January 12, Mr. Nsiah...
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Benin Offshore Oil Production Resumes After Three Decades
Oil production offshore Benin, Nigeria’s neighbor to the west, is set to begin by the end of January, the field operator said on Monday in what would be the first oil from the redeveloped field after it was shut down in 1998. Akrake Petroleum expects to start production at the Seme Field in Block 1...
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COMAC Raises Alarm Over GRA Enforcement, Warns of Risks to Industry Stability
The Chamber of Oil Marketing Companies (COMAC) has raised concerns over what it describes as ongoing regulatory challenges with the Ghana Revenue Authority (GRA), warning that the issues pose a threat to operational stability and fairness within the petroleum downstream sector.In a press release signed by the industry regulator Dr. Riverson Oppong, the Chamber said...
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AIS Motorcycle Team Backs GOIL Fuels for West African Tour
The AIS Motorcycle Team, an international long-distance riding group, has begun its West African tour after endorsing GOIL fuels, citing their quality and competitive pricing. Renowned for championing adventure riding, road safety, and community-oriented initiatives, the team said GOIL’s reliable and cost-effective fuel offerings played a major role in its decision to partner with the...
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Beyond Sovereignty: Assessing the United States’ Invasion of Venezuela Through the ICC Office of the Prosecutor’s Policy on Addressing Environmental Damage
In the early hours of January 3, 2026, the President of the United States, Donald Trump announced a “successful” military incursion into Venezuela and the capture of its sitting president, Nicolás Maduro. The announcement summarily provoked widespread condemnation and legal scrutiny, with international law experts and other well-meaning members of the global community pointing to...
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SSA: Fitch Solutions Projects Rise in Electricity Use in Buildings, Warns of Persistent Grid Constraints
Electricity’s share of energy use in Sub-Saharan Africa’s (SSA) buildings sector is projected to rise modestly from 17 per cent to 19.2 per cent by 2034, driven largely by rapid urbanisation and rising household incomes, according to Fitch Solutions.In its latest outlook, the UK-based research firm said major economies such as Nigeria, South Africa and...
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Deputy Energy Minister Inspects 141MW AKSA Power Plant at Anwomaso in the Ashanti region.
The Deputy Minister of Energy and Green Transition, Richard Gyan-Mensah, on behalf of the Sector Minister, Dr. John Abdulai Jinapor, has led a working visit to the 141-megawatt AKSA Power Plant at Anwomaso to inspect ongoing commissioning works. The visit forms part of the government’s broader efforts, under the leadership of President John Dramani Mahama,...
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Africa’s Leading Crude Producers Struggle to Find Buyers Amid Global Oversupply
West African crude oil producers are struggling to find buyers for December and January cargoes amid rising competition from cheaper, more readily available alternative supplies. Analysts say the glut of unsold Nigerian and Angolan crude reflects a broader global oversupply that has weighed on international markets. Brent crude dropped below $60 per barrel this week,...