By Kizito CUDJOEGovernment’s plan to build a 1,200-megawatt (MW) state-owned thermal power plant has drawn cautious approval from independent power producers, even as energy policy think-tanks warn that long-standing structural and climate risks could undermine the project’s viability if left unaddressed. Announced by the Finance Minister in the 2026 Budget Statement and Economic Policy, the...
Author: Energy Crossroad (Energy Crossroad)
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CEMSE Warns NPA Price Floor Undermines Competition and Harms Consumers
Accra, Ghana – January 22, 2026 – The Centre for Environmental Management and Sustainable Energy (CEMSE) has raised concerns over the National Petroleum Authority’s (NPA) petroleum price floor, arguing that the policy undermines market efficiency, stifles competition, and ultimately hurts consumers. Introduced in April 2024, the price floor sets a minimum retail price for petroleum...
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Santol Energy aligns with Star Oil on fuel price relief, signals customer loyalty scheme
Santol Energy, a wholly Ghanaian-owned oil marketing company, has expressed strong alignment with recent industry views advocating fuel price reductions, welcoming what it described as a timely and pragmatic intervention by the leadership of Star Oil as pressure mounts to translate improving macroeconomic conditions into consumer relief. Santol Energy said comments by Star Oil’s chief...
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COPEC accuses industry of victimising Star Oil over fuel price stance
The Executive Secretary of the Chamber of Petroleum Consumers (COPEC), Duncan Amoah, has criticised what he describes as the unfair treatment of Star Oil Limited following the company’s advocacy for fuel price reductions during peak periods.It argues that the episode exposes fundamental weaknesses in Ghana’s petroleum pricing framework. Speaking on Citi FM on Wednesday, January...
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GNPC and Petrobras Commence Strategic Technical Engagement to Enhance Upstream Cooperation
The Ghana National Petroleum Corporation (GNPC) has embarked on a high-level, weeklong technical engagement with a delegation from Brazil’s national oil company, Petrobras. Spanning January 19 – 23, 2026, the visit represents a pivotal step toward deepening bilateral cooperation and fostering technical synergy between the two entities.The engagement commenced at GNPC’s Research & Technology Centre...
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Energy Minister Engages ACBF on Capacity Building and Energy Transition
The Minister of Energy and Green Transition, Mr John Jinapor, has held talks with the African Capacity Building Foundation (ACBF) to explore areas of collaboration aimed at strengthening capacity in Ghana’s energy sector. ACBF, a specialised agency of the African Union with a membership of more than 40 countries, is one of Africa’s leading institutions...
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Star Oil Suspends COMAC Membership Over Price Floor Dispute
Star Oil Limited has announced the suspension of its membership of the Chamber of Oil Marketing Companies (COMAC) with immediate effect, citing concerns over what it describes as unfair representation of its views within the Chamber. In a formal letter by the CEO of star oil Philip Tieku addressed to the Chief Executive of COMAC,...
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Price wars: More OMCs cut pump prices as downstream competition intensifies
More oil marketing companies (OMCs) are cutting pump prices in the second pricing window of January, deepening competition in the downstream petroleum sector .On January 19, 2026, Zen Petroleum announced new uniform prices across all its outlets, departing from the industry trend of selective discounts. Petrol is now selling at GH¢9.94 per litre, one of...
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Price wars: More OMCs cut pump prices as downstream competition intensifies
More oil marketing companies (OMCs) are cutting pump prices in the second pricing window of January, deepening competition in the downstream petroleum sector .On January 19, 2026, Zen Petroleum announced new uniform prices across all its outlets, departing from the industry trend of selective discounts. Petrol is now selling at GH¢9.94 per litre, one of...
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Japan restarts world’s biggest nuclear plant
The world’s biggest nuclear power plant was restarted on Wednesday for the first time since the 2011 Fukushima disaster, its Japanese operator said, despite persistent safety concerns among residents.The plant was “started at 19:02” (1002 GMT), Tokyo Electric Power Company spokesman Tatsuya Matoba told AFP of the Kashiwazaki-Kariwa plant in Niigata prefecture.The regional governor approved...