Speaking at the Ghana–China Climate Summit 2025, held at the AfCFTA Auditorium in Accraon September 16, the Chinese Ambassador to Ghana, H.E. TONG Defa, reaffirmed China’s strong commitment to Africa’s green development, highlighting Beijing’s pledge to deliver 30 clean energy projects across the continent as announced under the FOCAC 2024 Beijing Action Plan. The Summit,...
Author: Emmanuel Aboagye-Wiafe (Emmanuel Wiafe)
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Ghana Signals Readiness to Explore MoU on Green Development with China
The Ghana–China Climate Summit 2025, held at the AfCFTA Auditorium in Accra, on September 16, marked a major milestone in bilateral cooperation, attracting more than 250 participants from governments, the diplomatic community, academia, civil society, and the private sector. Delivering a keynote address, Hon. Issifu Seidu, Minister of State for Climate Change and Sustainability, announced...
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Infrastructure Gaps Driving Up Fuel Prices in Ghana’s Petroleum Sector
While exchange rate volatility and global oil prices often dominate discussions around fuel price hikes in Ghana, industry data reveals another critical factor — inadequate infrastructure in the downstream petroleum sector. According to market analysts, inefficiencies in petroleum product storage and discharge facilities are creating hidden costs that are eventually passed on to consumers at...
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Ghana Secures $1.5 Billion Oil and Gas Investment Agreement with ENI, Vitol, and GNPC
Ghana has taken a significant step to strengthen its upstream petroleum sector with the signing of a Memorandum of Intent with ENI, Vitol, and the Ghana National Petroleum Corporation (GNPC). The agreement, announced at Africa Oil Week in Accra, outlines an integrated strategic investment plan valued at $1.5 billion. The capital injection is expected to...
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The Ghana Fuel Price Trap: Why Oil-Rich Doesn’t Mean Cheap Fuel Prices
Yakubu Adam, Graduate Student (Energy and Environmental Policy, Joseph Biden Jr. School of Public Policy & Administration, University of Delaware) Every Ghanaian at a fuel pump in recent months has asked the same question: why is fuel so expensive in an oil-producing country? The frustration is palpable for drivers, business owners, and households. We are...
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Mahama Announces GNPC to Drill Two New Exploration Wells by 2026
President John Dramani Mahama has revealed that the Ghana National Petroleum Corporation (GNPC) and its exploration subsidiary, Explorco, are on course to drill two new exploration wells before the close of the third quarter of 2026.Speaking at the Africa Oil Week in Accra, the President reiterated his government’s resolve to work closely with both current...
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Ghana Calls for Just Energy Transition at APPO CEOs Forum
Delivering opening remarks on behalf of President John Dramani Mahama, Ghana’s delegation set the tone for the 7th African Petroleum Producers’ Organization (APPO) National Oil Companies CEOs Forum held in Accra. The address underscored APPO’s role as a critical platform for collaboration among Africa’s national oil companies, ensuring the continent’s voice and priorities are firmly...
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7th APPO NOCs Meeting in Accra Fosters Continental Cooperation
Accra, Ghana, hosted the 7th African Petroleum Producers’ Organization (APPO) National Oil Companies (NOCs) Meeting, reinforcing the country’s growing influence in Africa’s energy sector. The two-day summit, held from September 14 to 15, brought together CEOs and senior officials from 19 African oil-producing nations, including all 18 APPO member countries. The gathering was hosted by...
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GNPC Boss Kwame Ntow Amoah Named Chairman of APPO
The Chief Executive Officer of the Ghana National Petroleum Corporation (GNPC), Kwame Ntow Amoah, has assumed the role of Chairman of the African Petroleum Producers’ Organization (APPO), marking a new chapter for Ghana’s leadership in Africa’s energy sector. His appointment was confirmed at the 7th APPO National Oil Companies CEOs Meeting in Accra on Monday,...
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COMAC Urges Government to Stabilise Cedi Amid Rising Fuel Price Concerns
The Chamber of Oil Marketing Companies (COMAC) has successfully hosted the 2025 edition of its annual Petroleum Fun Games (PetFun) at the Burma Camp Sports Complex in Accra. Held under the theme “Beyond the Pump: Energizing Wellness, Unity, and Team Spirit,” the event brought together players from across Ghana’s downstream petroleum sector, including Oil Marketing...