The Chief Executive Officer of the Ghana Chamber of Bulk Oil Distributors (CBOD), Dr. Patrick Kwaku Ofori, has called for stronger policy consistency, technological innovation and sustained investment to build a resilient downstream petroleum sector capable of driving Ghana’s economic transformation.Speaking at the opening of the 7th Ghana International Petroleum Conference (GhIPCon 2026), held under...
Author: Energy Crossroad (Energy Crossroad)
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Energy Minister Reaffirms Government’s Commitment to Expanding Local Refining at GhIPCon 2026
The Minister for Energy and Green andTransition, Dr. John Abdulai Jinapor, has reaffirmed the government’s commitment to strengthening Ghana’s downstream petroleum sector through expanded local refining, strategic investments and closer collaboration with industry stakeholders. Speaking at the opening of the Ghana International Petroleum Conference (GhIPCon) 2026, where he delivered the keynote address, Dr. Jinapor said...
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Energy Minister Inspects Kumasi–Anwomaso Transmission Upgrade, Appeals for Public Patience
The Minister for Energy and Green Transition, Dr. John Abdulai Jinapor, has inspected the progress of the Kumasi–Anwomaso Transmission Line Upgrade (K1–K2 Project) in the Ashanti Region, describing the initiative as a major investment aimed at strengthening electricity supply in Kumasi and across the wider Ashanti Region. The project involves replacing the existing 19-kilometre single-circuit...
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TOR Receives One Million Barrels of Jubilee Crude, Commends President Mahama for Supporting Refinery Revival
The Tema Oil Refinery (TOR) has received one million barrels of Ghana’s indigenous Jubilee Medium Sweet Crude, describing the development as another major milestone in the ongoing revitalisation of the country’s only state-owned refinery. The crude cargo, delivered aboard the MT Apache on July 15, 2026, fulfils President John Dramani Mahama’s commitment to ensuring that...
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Ghana to Exceed Daily petroleum Consumption Under New Refinery Drive – Joshua Narh Explains
Mr. Joshua Narh, the Executive Chairman of the Energy Chamber Ghana, has indicated that the country is on the verge of a major structural shift in its downstream petroleum sector as a new refinery drive promises to push domestic production capacities past daily national consumption levels. This landmark projection hinges on the successful scale-up of...
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GNPC Backs African Push for Energy Investment and Refining
Ghana is reinforcing its drive to position itself as a regional petroleum and energy investment destination, with the Ghana National Petroleum Corporation (GNPC) joining African national oil companies in a renewed continental effort to mobilise financing, expand refining capacity and strengthen intra-African energy cooperation. The move comes as preparations gather momentum for the eighth African...
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GEA, USVI EDA Explore Partnership to Boost Domestic Value Addition for Ghana’s Crude Oil
he Ghana Enterprises Agency (GEA), together with a delegation from the United States Virgin Islands Economic Development Authority (USVI EDA), has engaged the Minister for Energy and Green Transition, Dr John Abdulai Jinapor, on opportunities to enhance domestic value addition in Ghana’s crude oil sector. The discussions focused on strengthening collaboration in energy, industrialisation and...
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Petroleum Commission and Halliburton Ghana Operations sign US$15m deal to strengthen teaching and research
As part of efforts to connect global industry leaders with Ghana’s universities, the Petroleum Commission, Kwame Nkrumah University of Science and Technology (KNUST) and Upstream service provider, Halliburton Ghana Operations Limited, have signed an agreement that commits an estimated US$15 million in advanced petroleum engineering software, training and academic support. The agreement is also aimed...
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Fuel Prices Projected to Rise as Geopolitical Tensions Push Up Global Oil Costs – COMAC
The Chamber of Oil Marketing Companies (COMAC) has projected an increase in ex-pump prices of petroleum products for the pricing window beginning July 16, 2026, citing renewed geopolitical tensions and a slight depreciation of the Ghana cedi against major trading currencies. According to COMAC, petrol prices are expected to increase by between 3.79% and 5.31%,...
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Trump Scraps Hormuz Toll Plan as U.S.-Iran Conflict Deepens
US President Donald Trump has walked back his plan to charge a 20 percent fee on cargo shipped through the Strait of Hormuz, replacing it with proposed trade and investment agreements with Persian Gulf states while maintaining a blockade on Iranian shipping. “Based on highly productive conversations with Middle East leadership, I have decided to...