Ghana generated $370.62 million in petroleum revenues during the first half of 2025, according to the latest Petroleum Semi-Annual Report released by authorities. The bulk of the earnings $218.62 million came from crude oil liftings conducted between January and March 2025. Additionally, the country received $148.75 million in corporate taxes paid by key industry players...
Author: Emmanuel Aboagye-Wiafe (Emmanuel Wiafe)
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NOVA Fuel Launches 18th Filling Station in Walewale, Targets Leadership in Oil Marketing Sector
Ghanaian oil marketing firm NOVA Fuel has inaugurated its 18th fuel filling station in Walewale, located in the North East Region, reinforcing its aggressive nationwide growth strategy aimed at becoming the leading Oil Marketing Company (OMC) in Ghana within the next five years. The newly commissioned station is part of NOVA Fuel’s broader vision to...
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Namibia targets 15% local participation in oil and gas, up from current 10%
Namibia is aiming to raise local content and carried participation in the oil and gas sector from 10 percent to 15 percent by 2030, as the country prepares to leverage its petroleum discoveries for national development. This was announced by Kornelia Shilunga, Special Advisor and Head of the Upstream Petroleum Unit, during her address at...
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Galamsey Threatens Ghana’s Onshore Oil Prospects—GNPC Board Member Warns
Illegal mining activities commonly referred to as galamsey pose a significant threat to Ghana’s plans to develop onshore oil resources, according to Kwame Jantuah, a board member of the Ghana National Petroleum Corporation (GNPC). Speaking on TV3’s New Day programme on Friday, July 25, Mr. Jantuah cautioned that rampant galamsey operations in key exploration zones,...
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PHDC Boosts Staff Competence with Intensive Project Management Training
The Petroleum Hub Development Corporation (PHDC) has successfully concluded a rigorous three-week training programme aimed at strengthening the project management capabilities of its Operations and Technical Department staff. The capacity-building initiative covered a comprehensive range of methodologies and practical modules designed to enhance project execution efficiency. It was facilitated by acclaimed project management consultant Mohammed...
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BoG Confirms GHS¢2.14bn Loss from Discontinued Gold for Oil Programme
The Bank of Ghana (BoG) has revealed it incurred a total loss of GHS¢2.14 billion under the now-defunct Gold for Oil (G4O) programme, which aimed to stabilise domestic fuel prices and reduce pressure on foreign exchange reserves. This disclosure was contained in an official response to a Right to Information (RTI) request submitted by energy...
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Energy CrossRoad : Nuclear Power the clean, green energy dream
ENERGY News ☄️💡🔌🪫Read more on oil and gas as well as Renewable energy in Africa and beyond on www.EnergyCrossRoad.com EnergyCrossRoad Follow us on #EnergyCrossRoad
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Oil giant BP backs out of Australia Renewable Energy Hub in WA’s Pilbara
Global oil giant BP has backed out of its majority share in a $55 billion green energy hub in Western Australia’s Pilbara region, dealing Australia’s clean energy transition another major blow. The Australia Renewable Energy Hub (AREH), 1,860 kilometres north-east of Perth, is tipped to deliver 26 gigawatts of solar and wind power by 2029,...
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GNPC Engages UCC Students, Urges Shift from Certificates to Competence at Career Fair
The Ghana National Petroleum Corporation (GNPC) has reaffirmed its dedication to nurturing Ghana’s future workforce by taking part in the 2025 Career and Skills Fair hosted at the University of Cape Coast (UCC). The event, organised by TEDxUniversityofCapeCoast in collaboration with UCC, was themed “Skills and Experience: Your Valuable Asset” and served as a vibrant...
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NEDCo Recoups GH₵14 Million in Sunyani Revenue Recovery Drive
The Northern Electricity Distribution Company (NEDCo) has retrieved GH₵14 million from defaulting customers in the Sunyani Area during a two-week revenue mobilisation and loss control operation. Eugene Odoi Addo, NEDCo’s Sunyani Area Manager, confirmed the development on Saturday, July 27, stating that the exercise was launched to recover a targeted GH₵20 million in unpaid electricity...