Among the many factors that impact the operations and efficiency of Petroleum Service Providers (PSPs) in the Downstream Petroleum Sector of Ghana is inadequate infrastructure. Infrastructure is the backbone of the petroleum sector, especially given the sensitive nature of petroleum products. Although emphasis has always been given to the impact of international price volatilities of...
Author: Emmanuel Aboagye-Wiafe (Emmanuel Wiafe)
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ExxonMobil eyes more merger and acquisition opportunities across all sectors
ExxonMobil is actively pursuing more mergers and acquisitions (M&A) across its business segments, with a sharp focus on value creation rather than volume. “We’re continuing to keep a really close eye on the waterfront, see where the opportunities are, do a good job of understanding what that unique value creation opportunity looks like and then...
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MISA Energy Ghana Emerges as Bold New Identity for Former Engen Ghana.
Formerly known as Engen Ghana, the company has officially unveiled its new identity as MISA Energy Ghana Limited, signalling a transformative shift toward becoming a truly African energy brand—rooted in Ghanaian leadership and driven by international best practices. Unveiling the rebrand at a ceremony in Accra, CEO Brent Nartey emphasized that the new name represents...
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COPEC Rejects Claims of 20% Public Transport Fare Hike, Urges Stakeholder Dialogue
The Chamber of Petroleum Consumers (COPEC) has dismissed reports suggesting a 20% hike in public transport fares set to take effect on Friday, August 8, 2025. In a press statement released Tuesday, August 5, COPEC clarified that its engagement with key transport unions, including the Ghana Private Road Transport Union (GPRTU), revealed no official confirmation...
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Ambassador Tong: China Ready to Support Ghana’s 24-Hour Economy Through Solar Energy Collaboration
China has reaffirmed its commitment to supporting Africa’s green energy transition, with a strong focus on solar energy development. Speaking on the sidelines of the maiden Ghana-China Media Fellowship 2025 in Accra, the Chinese Ambassador to Ghana, H.E. Tong Defa, said China stands ready to partner with African countries as they work toward achieving their...
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Importation of toxic fuel deals a major blow to Dangote’s fight for market share.
According to current statistics from the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), marketers have recommenced large-scale imports of refined petroleum products, bypassing domestic refining possibilities, most notably the $20 billion Dangote Petroleum Refinery in Lekki. Marketers in Nigeria have resumed large-scale imports of refined petroleum products due to domestic refining limitations, including underutilization...
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Africa Must Lead, Not Follow, in the Global Energy Race – Energy Trader Declares
An influential African energy trader has declared his intent to shake up the traditional oil and gas industry and place Africa firmly at the center of the global energy value chain. “People come to me to buy oil. Others come to sell it. I am not a politician. I am a businessman shaping deals, unlocking...
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Illegal Mining Threatens Ghana’s Critical Gas Pipelines – Genser Energy Warns
Kumasi, Ghana Genser Energy has raised alarm over growing threats posed by illegal mining activities popularly known as galamsey to Ghana’s national gas pipeline infrastructure. The Vice President of Operations at Genser Energy, Ing. Henry Abeiku Oppong, revealed that at least 50 communities in the Western and Ashanti regions where gas pipelines run are now...
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China Reiterates End to Overseas Coal Financing at Ghana-China Media Fellowship in Accra
China has once again reinforced its commitment to halting the financing of coal power projects beyond its borders, as part of its global climate pledge. This reaffirmation came during a high-level engagement with participants of the ongoing Ghana-China Media Fellowship 2025 in Accra. Addressing the fellows at the Africa-China Centre for Policy and Advisory (ACCPA)...
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Solar Emerges as Vital Solution to South Africa’s Power Cuts
South Africa is aggressively turning to solar power to combat its long-standing energy crisis. From large-scale projects to rooftop panels on homes and businesses, the country is embracing solar as a critical tool to address power cuts that have plagued the nation for over a decade. Since early 2024, a massive surge in private solar...