The Petroleum Hub Development Corporation (PHDC) was pleased to host the leadership of Ecobank Ghana on Thursday, July 10, 2025, for a high-level courtesy visit that signals a growing partnership between the two institutions. This engagement marks a renewed commitment to collaborate on the development of Ghana’s Petroleum Hub Project a transformative initiative aimed at...
Author: Emmanuel Aboagye-Wiafe (Emmanuel Wiafe)
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Electricity Company of Ghana Schedules Maintenance in Volta and Greater Accra Regions
Ghana’s state power distributor, the Electricity Company of Ghana (ECG), has announced a planned maintenance exercise scheduled for Thursday, July 10, 2025. The initiative, targeting sections of the Volta and Greater Accra regions, is part of ongoing efforts to enhance grid reliability and improve service delivery. In a public notice released on Saturday, July 5,...
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Ghana’s Star Oil Emerges as Market Leader in Petroleum Sales for First Half of 2025
ACCRA, GHANA Indigenous oil marketing company, Star Oil, has solidified its position as the top petroleum distributor in Ghana, outperforming long-standing industry leader GOIL in total product sales for the first five months of 2025. This development was revealed in the National Petroleum Authority’s (NPA) Oil Marketing Companies (OMCs) Performance Statistics for January to May...
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Mitsui & Co. Eyes Strategic Investment in Ghana’s Emerging Petroleum Hub
Japanese multinational trading and investment giant, Mitsui & Co. Ltd., has signaled strong interest in participating in Ghana’s ambitious Petroleum Hub development. A senior Mitsui delegation led by Junji Fukuoka, Managing Officer and Chief Operating Officer of the company’s Basic Materials Business Unit held high-level discussions with Dr. Toni Aubynn, Acting Chief Executive Officer of...
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Ghana Boosts Domestic Gas Supply in Strategic Move with ENI*
Ghana’s Ministry of Energy and Green Transition has announced a significant enhancement to the country’s natural gas output, following a new agreement with Italian energy major ENI. The deal will see ENI increase gas production by 30 million standard cubic feet per day (MMscfd), raising total supply to 270 MMscfd starting Sunday, July 13, 2025....
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Ghana’s 24-Hour Economy Policy: Energy Demand, Supply, and Investment Requirements
Ghana’s 24-hour economy policy aims to transform the nation into a round-the-clock hub for industry, commerce, and services, boosting productivity and economic growth. However, this ambitious vision depends on reliable and sustainable electricity supply. The feasibility of the program depends on electricity demand and supply, as the policy is a manufacturing-led initiative involving agro-processing and industrial parks across...
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Eni Ghana and partners submit Plan of Development for Eban-Akoma Discoveries to Government
Eni Ghana and its Joint Venture (JV) partners have formally declared the commercial potential of the Eban-Akoma hydrocarbon discoveries located in the Cape Three Points Block 4 (CTP-B4) offshore Ghana. This move marks a pivotal advancement toward full-scale development of the oil and gas fields. The Declaration of Commerciality, officially submitted on July 3, 2025,...
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Dangote Refinery to Rely Fully on Nigerian Crude by End of 2025, Company Says
Lagos, Nigeria — The $20 billion Dangote Refinery, Africa’s largest oil refining complex, is set to run entirely on Nigerian crude oil by the close of 2025, marking a critical shift toward domestic energy self-reliance for Africa’s biggest oil producer. According to Devakumar Edwin, Executive Vice President of Dangote Industries, the 650,000-barrel-per-day refinery owned by...
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Ghana’s Energy Minister Announces Temporary Nationwide Power Disruption on July 13 Due to ENI Gas System Upgrade
Ghana’s Minister for Energy and Green Transition, John Abdullai Jinapor, has announced a scheduled power interruption across the country on Sunday, July 13, as Italian energy giant ENI undertakes critical maintenance on its gas infrastructure. The temporary shutdown, which will involve ENI turning off its gas valves, is part of ongoing efforts to boost the...
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PHDC and UKGCC Strengthen Strategic Collaboration to Advance Ghana’s Petroleum Hub Vision
The Petroleum Hub Development Corporation (PHDC) and the UK-Ghana Chamber of Commerce (UKGCC) have reaffirmed their commitment to a strategic partnership aimed at driving the successful realization of Ghana’s Petroleum Hub—an ambitious project set to transform the country into a regional energy and petrochemical powerhouse. The renewed pledge was made during a courtesy visit by...