The Federal Government has shelved plans to implement the 15 per cent ad valorem import duty on Premium Motor Spirit (PMS) and Automotive Gas Oil (Diesel).This was disclosed by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) in a statement posted on its official X handle on Thursday. According to the Director, Public Affairs...
Author: Energy Crossroad (Energy Crossroad)
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Energy Minister explains to Parliament causes of intermittent Power Outages in Asante Akim
The Minister for Energy and Green Transition Hon. John Abdulai Jinapor has appeared before Parliament to explain the recent intermittent power outages in Asante Akim.According to the Minister the Juansa feeder serves Asante Akim North under the Electricity Corporation of Ghana (ECG) Konongo District which originates from the Konongo Primary substation. He added that the...
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COP30: Brazil, Chile, Canada, others sign declaration to fight climate disinformation
Thirteen countries have signed a new declaration aimed at combating climate disinformation and promoting accurate, science-based information on climate change.The “Declaration on Information Integrity on Climate Change” was launched on Wednesday at COP30 in Belém, Brazil, by the Global Initiative for Information Integrity on Climate Change. The pact seeks to strengthen global cooperation against the...
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Africa won’t give up its oil and gas — and shouldn’t, argues AEC chief
Africa must embrace renewable energy and forgo exploration of its potentially lucrative gas deposits to stave off climate disaster and bring access to clean energy to the hundreds of millions who lack it, leading experts on the continent have said,” they wrote. This is hardly new. For several years now, wealthy nations and their environmental...
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Deputy Energy Minister Launches 2025 NPA Consumer Week, Reaffirms Commitment to Clean Energy
The Deputy Minister of Energy and Green Transition, Richard Gyan Mensah, on Wednesday joined the National Petroleum Authority (NPA) to officially launch the 2025 Consumer Week Celebration under the theme “LPG: A Sustainable Energy for a Better Tomorrow.” Speaking at the event, Mr. Gyan Mensah underscored the importance of Liquefied Petroleum Gas (LPG) as one...
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Former NPA Boss Sues OSP for Defamation, Demands GH¢20m
Former Chief Executive Officer of the National Petroleum Authority (NPA), Dr. Mustapha Abdul Hamid, has filed a GH¢20 million defamation suit against the Office of the Special Prosecutor (OSP) over claims linking him to the alleged embezzlement of GH¢1.3 billion from the Unified Petroleum Price Fund (UPPF). In a writ filed at the High Court...
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CEO of National Petroleum Authority calls on Former President Kufuor
The Chief Executive of the National Petroleum Authority (NPA), Mr. Godwin Kudzo Tameklo Esq., on Wednesday paid a courtesy call on former President John Agyekum Kufuor at his Peduase residence.He formally informed the former Presidentabout the planned NPA @20 celebrations. Mr. Tameklo commended former President Kufuor for conceiving the idea of establishing NPA, and extended...
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Nigeria hits 1.401 million bpd in October, fails OPEC quota for third month.
Nigeria’s crude oil production climbed marginally to 1.401 million barrels per day (bpd) in October, up from 1.39 million bpd recorded in September. This is according to the Organisation of Petroleum Exporting Countries (OPEC) Monthly Oil Market Report (MOMR) released on Wednesday. Despite the modest increase, the report shows that Nigeria fell short of meeting...
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Downstream petroleum market at a crossroads: Price pressures, competition shifts, and the urgent call for structural reform
Ghana’s downstream petroleum industry has grown into one of the most competitive and complex fuel markets in Africa. Over the past decade, reforms, private participation, and steady investments have redefined the way petroleum products are sourced, distributed, and sold across the country. With more than one hundred and eighty licensed Oil Marketing Companies(OMCs) operating from...
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From boardroom to courtroom: six Nigerian energy ministers arrested for alleged fraud
Nigeria’s energy sector — one of the largest contributors to the nation’s economy — has repeatedly been rocked by allegations of corruption, contract mismanagement, and abuse of office. Over the years, several ministers overseeing the petroleum and power portfolios have faced scrutiny from the Economic and Financial Crimes Commission (EFCC) or fallen out of favour...