The Society of Petroleum Engineers (SPE) International Board has paid a courtesy call on the Japan Organization for Metals and Energy Security (JOGMEC) during its first-quarter 2026 Board meeting held in Japan. During the visit, JOGMEC, a major institution in Japan’s energy sector, delivered a high-level briefing to the Board on its mandate, operations and...
Author: Energy Crossroad (Energy Crossroad)
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StarOil Adjusts Discounted Petrol Price Following NPA Price Floor Review
StarOil Ghana has adjusted the discounted ex-pump price of its Super petrol at selected outlets from GH¢9.97 to GH¢9.99 per litre, following a revision of the national price floor by the National Petroleum Authority (NPA). For the current pricing window spanning 1–15 February 2026, the NPA raised the ex-pump price floor for petrol from GH¢9.80...
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Energy Minister Holds Talks with AFD on Sector Transformation
The Minister of Energy and Green Transition, Dr. John Abdulai Jinapor, has held fruitful discussions with the Agence Française de Développement (AFD) on strengthening cooperation in Ghana’s energy sector. The engagement highlighted AFD’s long-standing role as a key development partner to Ghana, particularly in supporting the growth and modernization of the country’s energy sector. Dr....
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Several OMCs flout NPA’s fuel price floor directive
Several Oil Marketing Companies (OMCs) are reportedly flouting the National Petroleum Authority’s (NPA) directive that no industry player should price petroleum products below the approved Fuel Price Floor. Checks by JOYBUSINESS at service stations found that some OMCs were selling fuel below the regulator-set minimum prices.For instance, based on service station board quotes dated February...
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Energy Commission Advances Sustainable Cooling Agenda
The Energy Commission of Ghana, in collaboration with the Environmental Protection Authority (EPA), has held high-level discussions with the United Nations Development Programme (UNDP) on Ghana’s participation in the US$40 million Energy Efficiency Revolving Fund (EERF). The engagement focused on stakeholder coordination, financing models, and implementation strategies aimed at maximizing impact and delivering measurable energy...
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The World’s Largest Deposit”: The Discovery of Millions of Tons of New Oil in France
Among recent energy breakthroughs, France has made a remarkable entrance onto the global stage. In Lorraine, researchers have uncovered what is believed to be the world’s largest deposit of natural hydrogen, also known as white hydrogen. With an estimated 46 million tonnes lying beneath French soil, this unexpected revelation could reshape not only the future...
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Petroleum Holding Fund Receipts Hit $399.6m in H2 2025
The Bank of Ghana has reported that total inflows into the Petroleum Holding Fund (PHF) amounted to US$399.65 million in the second half of 2025, comprising crude oil lifting proceeds, corporate income taxes and interest earned on the PHF account. In its semi-annual report on Ghana’s Petroleum Finds for H2 2025, the Central Bank said...
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Crude Oil Lifting Proceeds Fall to $198.2m in H2 2025
The Bank of Ghana has reported a sharp decline in petroleum lifting receipts in the second half of 2025, with inflows into the Petroleum Holding Fund (PHF) falling significantly compared to the same period a year earlier. In its semi-annual report on Ghana’s Petroleum Finds for H2 2025, the Central Bank said the PHF received...
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Ghana Pushes for $100bn Annual Climate Finance to Support Africa’s Adaptation and Mitigation Efforts
Ghana has appealed to African leaders to unite behind an ambitious drive to mobilise $100 billion annually for climate adaptation and mitigation, cautioning that the continent cannot bear the mounting costs of climate change on its own. The call was delivered in Nairobi by the Minister of State for Climate Change and Sustainability, Alhaji Baba...
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NPA increases price floor for February window with petrol up to GH¢9.99 and diesel pegged at GH¢10.95
The National Petroleum Authority (NPA) has announced new minimum price levels for petroleum products for the first pricing window of February 2026, covering February 1 to February 15.Under the directive, no Oil Marketing Company (OMC) or LPG Marketing Company (LPGMC) is permitted to sell petroleum products below the approved price floor during the period.According to...