BOST Energies Limited Company (BOSTenergies), a leading player in Ghana’s energy sector, held a send-off ceremony for its outgoing Deputy Managing Director (DMD), Adwoa Serwaa Bondzie, and welcomed Salifu Nat Acheampong as the incoming DMD on Monday, 16th February 2026, in Accra.The ceremony followed the appointment of Ms. Bondzie by His Excellency President John Dramani...
Author: Energy Crossroad (Energy Crossroad)
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Tema Oil Refinery Denies Shutdown Claims, Announces Capacity Expansion Plan
The Tema Oil Refinery (TOR) has dismissed reports that it has shut down due to a lack of government investment, describing the claims as misleading and inconsistent with its current operational status. Management insists the refinery is neither facing financial distress nor technical collapse but is instead transitioning into a planned operational phase aimed at...
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Solar migration: Presidency in Nigeria Declares National Grid Unfit – GENCOs
Power Generation Companies (GENCOs) in Nigeria say the Presidential Villa’s decision to disconnect fully from the national grid by March 2026 represented a vote of no confidence in on-grid power.They argued that the decision, facilitated by a ₦17 billion independent solar mini-grid project, made the national grid unfit for purpose. Besides also noted that it...
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Ghana Refers Maritime Boundary Dispute with Togo to International Arbitration
Ghana has formally initiated international arbitration proceedings to resolve its longstanding maritime boundary dispute with neighbouring Togo, signaling a shift from diplomatic negotiations to legal adjudication under international lawIn a statement issued Friday by the Presidency Communications Office, the government confirmed that it has officially notified Lomé of its decision to seek delimitation of the...
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Parliament Approves Extension of Ghana’s Key Petroleum Agreements to 2040, Unlocking $2bn Investment Boost
The Ghana petroleum agreements extension has received parliamentary approval, paving the way for continued oil and gas production and fresh investments in the country’s upstream sector.Parliament ratified the extension of the West Cape Three Points (WCTP), Deepwater Tano (DWT) Petroleum Agreements and the Master Gas Agreement to December 31, 2040.The decision follows the signing of...
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Kosmos Energy Licenses Extended to 2040 as Parliament Ratifies Agreements
Parliament has formally ratified license extensions for Kosmos Energy Ghana, allowing the West Cape Three Points and Deepwater Tano Petroleum Agreements to run through 2040.The decision secures the long-term future of the Jubilee and TEN offshore fields and is expected to unlock up to $2 billion in incremental investment aimed at boosting oil production and...
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NPA, Industry Players Discuss Strategy for 24-Hour Economy Pilot Implementation
The National Petroleum Authority (NPA) has held a strategic meeting with the 24-Hour Economy Authority to deliberate on the pilot implementation of the 24-hour economy programme within Ghana’s downstream petroleum industry. The meeting, held on Thursday, 19 February 2026, was chaired by the NPA Chief Executive, Mr. Godwin Kudzo Tameklo, Esq. The NPA team included...
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PHDC, GNPC Form New Alliance to Strengthen Ghana’s Energy Security
Ghana’s ambition of strengthening its energy security and becoming Africa’s energy hub has received a major boost following the announcement of a partnership between two key institutions: the Petroleum Hub Development Corporation and the Ghana National Petroleum Corporation. On Thursday, February 19, 2026, the two institutions unveiled a ten-member working committee, which will be co-chaired...
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NPA to Fully Deploy Cylinder Recirculation Model in 2026
The National Petroleum Authority (NPA) is set to fully roll out Ghana’s Cylinder Recirculation Model (CRM) in 2026, following board approval of a key cylinder investment margin to support bottling plants nationwideThe Director of Business Development at the NPA, Godwin Yaw Konu, disclosed this at the Africa Extractives Media Fellowship training session in Accra on...
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COMAC, CBOD Condemn Alleged Diversion of LPG Fund to GCMC, Demand Immediate Reversal
The Chamber of Oil Marketing Companies (COMAC) and the Chamber of Bulk Oil Distributors (CBOD) have strongly condemned what they describe as the unlawful diversion of funds from the LPG Fund to the Ghana Cylinder Manufacturing Company (GCMC) and have called its immediate reversal.In a joint statement, the two industry bodies said they were “appalled”...