Author: Emmanuel Aboagye-Wiafe (Emmanuel Wiafe)

Post
PHDC Hosts Strategic Talks with International Investor Consortium on Petroleum Hub Development

PHDC Hosts Strategic Talks with International Investor Consortium on Petroleum Hub Development

The Petroleum Hub Development Corporation (PHDC) on Monday, July 28, 2025, held high-level discussions with a consortium of five investment and engineering firms exploring potential collaboration on Ghana’s ambitious Petroleum Hub project. The consortium includes local partner IBS Dolphin Ltd, Egypt-based Gharably Integrated Engineering Co. (GIECO), Worldwide Container Services, an international marketing agency, and a...

Post
Ghana Rakes in $370.6 Million from Crude Oil in First Half of 2025

Ghana Rakes in $370.6 Million from Crude Oil in First Half of 2025

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...

Post
NOVA Fuel Launches 18th Filling Station in Walewale, Targets Leadership in Oil Marketing Sector

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...

Post
Galamsey Threatens Ghana’s Onshore Oil Prospects—GNPC Board Member Warns

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,...

Post
PHDC Boosts Staff Competence with Intensive Project Management Training

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...

Post
BoG Confirms GHS¢2.14bn Loss from Discontinued Gold for Oil Programme

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...

Post
Oil giant BP backs out of Australia Renewable Energy Hub in WA’s Pilbara

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,...