The Public Utilities Regulatory Commission (PURC) has announced a 1.14 per cent upward adjustment in electricity tariffs for all consumer categories, effective October 1, 2025.Water tariffs will however remain unchanged over the same period. In a statement signed by Acting Executive Secretary Shafic Suleman, the Commission said the decision follows its Quarterly Tariff Review Mechanism,...
Author: Energy Crossroad (Energy Crossroad)
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Fuel prices rise with petrol now at GH¢13.38, diesel GH¢14.20
Some Oil Marketing Companies (OMCs) have begun adjusting prices at the pumps, with GOIL leading the way.A litre of petrol is now selling at GH¢13.38, up from GH¢12.99 on September 2, 2025. Diesel has also increased to GH¢14.20 per litre, from GH¢13.90. GOIL, the second-largest player in the industry, is the first to adjust prices...
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ASEC SAYS ECG CAN’T DEMAND INCREASED TARRIFS WITHOUT ACCOUNTABILITY ON MISSING CONTAINERS AND GHC 1 DEBT LEVY
The Africa Sustainable Energy Centre ASEC has rejected the Electricity Company of Ghana (ECG’s) request to increase electricity tariffs by 225%. ASEC says before any such review is considered, the ECG must first account for its missing containers, give progress report on recovering debts of government institutions and account for the status of the GHC1...
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Nigeria Scores Well on Electricity Reform Rankings, but Power Supply Isn’t Affordable and Reliable – Here’s Why
Nigeria’s electricity sector remains fragile. About 85 million Nigerians (43% of the population) lack access to grid electricity. This is one of the biggest energy access gaps in the worldGeneration capacity is roughly 12,000MW–13,500MW, but far less power is actually delivered. In 2023, Nigeria generated 4,500MW for a population of over 200 million. For comparison,...
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Nigeria, Ghana, Seven Others Endorse African Petroleum Regulators Forum Charter
Nigeria, Ghana, and six other African countries have formally signed the African Petroleum Regulators Forum (AFRIPERF) Charter, marking a significant move toward harmonising oil and gas regulations across the continent. The signing took place on Thursday during the 31st Africa Oil Week in Accra, Ghana, under the chairmanship of the Chief Executive of the Nigerian...
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Ghana: PURC Engages TUC in Nationwide Multi-Year Tariff Review
The Public Utilities Regulatory Commission (PURC) has begun nationwide public hearings on proposals submitted by utility companies under the 2025–2029 Multi-Year Tariff Review. As part of the process, the Commission met with the Trade Union Congress (TUC) to solicit feedback and discuss the impact of the proposals on workers and households. Executive Secretary of PURC,...
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We Need Ambitious Projects Like Petroleum Hub To Develop The Country – Dr Toni Aubynn
supply of raw materials for the refineries and petrochemical plants. Dr Aubynn concluded his remarks with a compelling call to both local and international investors to consider the petroleum hub as a prime investment opportunity, emphasising its potential to deliver substantial returns. Present with Dr Aubynn on the panel were the CEOs of the National...
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Exxon doubles down on oil, gas, and LNG through 2050
(Bloomberg) – ExxonMobil will pursue fossil fuel growth long into the future to meet demand it says will “not materially change” between now and 2050. The Texas oil major is not concerned with “chasing the narrative of the week” but will invest in oil and gas projects that it believes will be needed for decades...
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Africa Requires $100bn Renewable Energy Investment to Drive Green Industrial Growth – AfCFTA Secretary-General
The Secretary-General of the African Continental Free Trade Area (AfCFTA), H.E. Wamkele Mene, has emphasized that Africa will need an estimated $100 billion to accelerate renewable energy development and expand electricity access across the continent. Speaking at the closing session of the 2025 Africa Oil Week (AOW) in Accra on Thursday, September 18, Mr. Mene...
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Global oil and gas fields shrinking output, IEA urges investment now
The average rate at which oil and gas fields’ output declines over time has significantly accelerated globally, largely due to higher reliance on shale and deep offshore resources, meaning that companies must work much harder than before just to maintain production at today’s levels, according to a new IEA report. The international conversation over the...