Eni has made a major natural gas and condensate discovery offshore the Ivory Coast in Africa, in part of what is estimated to be the second largest discovery in the country after Baleine, the Italian energy major said on Monday. Eni has focused on exploration offshore Africa in recent years as it looks to boost...
Author: Energy Crossroad (Energy Crossroad)
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Renewable Energy Integration Now Central to Africa’s Mineral Competitiveness – Dr. Theophilus Acheampong
Dr. Theophilus Acheampong, a prominent petroleum economist and political risk analyst, has asserted that the integration of renewable energy into Africa’s extractive sector is no longer a peripheral environmental ambition but a core economic imperative for industrial competitiveness.The transition to clean energy serves as the primary catalyst for unlocking the continent’s minerals value chain, offering...
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ACEP Hosts Judith Neilson Foundation Delegation to Strengthen Energy Policy Collaboration
The Africa Centre for Energy Policy (ACEP) has hosted a delegation from the Judith Neilson Foundation as part of the foundation’s learning visit to better understand how African institutions are driving development across the continent. The delegation, led by Chief Executive Officer Simon Freeman and accompanied by Titus Gwemende, paid a courtesy call on the...
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Azule Energy makes 500-MMbbl offshore oil discovery in Angola Block
The Eni/bp venture Azule Energy and its partners have discovered an offshore well that may hold 500 million barrels of crude, a potential boost to Angola’s efforts to slow declining output. The find was made at the Algaita-01 exploration well in Block 15/06 off Angola, the National Oil, Gas and Biofuels Agency, known as ANPG,...
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Chevron International Engages COMAC on Strategic Downstream Partnerships
A delegation from Chevron International, accompanied by representatives of its Moroccan partner Afriquia, has paid a courtesy visit to the Chief Executive Officer of the Chamber of Oil Marketing Companies (COMAC), Dr. Riverson Oppong, to discuss potential collaboration within Ghana’s downstream petroleum sector.The delegation comprised Mr. Renaud Van der Haegen, Distributor Manager for Chevron Europe;...
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COPEC Urges Strategic Investment in Tema Oil Refinery as Fuel Price Hikes Loom
The Executive Secretary of the Chamber of Petroleum Consumers (COPEC), Duncan Amoah, has urged the government to prioritise strategic investment in the Tema Oil Refinery (TOR) as a long-term solution to Ghana’s recurring fuel price volatility. According to Mr. Amoah, Ghana’s continued exposure to international fuel price fluctuations is largely due to inadequate investment in...
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NPA raises price floor for Feb. 16 window; petrol up to GH¢10.24, diesel pegged at GH¢11.34
The National Petroleum Authority (NPA) has increased the minimum price levels for petroleum products for the second pricing window of February 2026. The new price floor takes effect from February 16 to 28, 2026. Under the directive, no Oil Marketing Company (OMC) is permitted to sell petrol below GH¢10.24 for the next two weeks. This...
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GODAC Secures CTVET Accreditation as Technical Training Centre of Excellence
Ghana Oil Drilling Academy and Consultancy (GODAC) has been officially accredited by the Commission for Technical and Vocational Education and Training (CTVET), earning recognition as a Centre of Excellence in Technical and Vocational Education and Training.The accreditation positions the East Legon–based institution as a certified provider of structured technical programmes, enabling students to complete full...
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COMAC Projects Marginal Fuel Price Increases for Second February Pricing Window
The Chamber of Oil Marketing Companies (COMAC) has projected marginal increases in the ex-pump prices of petroleum products for the second pricing window of February 2026.According to COMAC’s latest outlook report, petrol prices are expected to rise by 1.97 percent, diesel by 2.73 percent, and liquefied petroleum gas (LPG) by 3.26 percent. The projected hikes...
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COMAC Directs OMCs to Strictly Adhere to New Fuel Price Floors for February 16–28 Window
The Chamber of Oil Marketing Companies (COMAC) has directed all Oil Marketing Companies (OMCs) and LPG Marketing Companies (LPGMCs) to strictly adhere to the approved ex-pump price floors for the second petroleum pricing window of February 2026. A formal notice signed by the CEO of COMAC Dr. Riverson Oppong, Directs OMCs to Strictly Adhere to...