Clean Energy Chamber Convenes EV Working Group to Advance Import Duty ReformsThe Ghana Chamber of Clean Energy (GCCE) has convened the inaugural meeting of its Electric Vehicle (EV) Working Group, bringing together leading companies and stakeholders from Ghana’s electric mobility ecosystem to develop a coordinated industry position on reforms to the country’s electric vehicle import...
Category: Energy
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Chevron Gives Employees Half-Month Pay Bonus as Oil Price Surge Lifts Earnings
Chevron is awarding most employees a special bonus equivalent to half of their monthly base salary after the US oil major delivered its strongest quarterly earnings in at least six years, highlighting how the surge in crude prices and operational gains are feeding through to both shareholders and workers. Chief Executive Mike Wirth announced the...
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Ghana Reaffirms $12bn First Phase of Petroleum Hub Project
Ghana’s Petroleum Hub Development Corporation (PHDC), together with Touchstone Capital Partners (TCP) and its international consortium, has reaffirmed progress on the first phase of the Ghana Integrated Petroleum Hub, a development expected to attract approximately US$12 billion in investment under Lot 1 of the project.The confirmation reinforces government’s ambition to establish the country as a...
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Genser Energy buys out investor as Oppenheimer exits after five years
Genser Energy has bought back the entire stake held by Oppenheimer Partners, completing the investment firm’s exit after five years and marking a new chapter in the Ghanaian energy company’s regional expansion strategy. The privately owned energy infrastructure company has announced that it has redeemed the full shareholding previously held by OP Energy Holdings Limited,...
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Reports of daily fuel price changes are inaccurate – CBOD
Dr. Patrick Kwaku Ofori, Chief Executive Officer of the Chamber of Bulk Oil Distributors (CBOD), has dismissed reports suggesting that Ghana is set to introduce daily fuel price adjustments, insisting that the country’s current bi-weekly pricing system remains in force.His comments come amid growing public speculation that heightened volatility in global petroleum markets could prompt...
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GH¢2 diesel subsidy will cushion consumers amid global fuel market volatility – COMAC
Chief Executive of the Chamber of Oil Marketing Companies (COMAC), Dr Riverson Oppong, has welcomed the government’s GH¢2 per litre diesel subsidy. He described it as a timely intervention to cushion consumers and operators as volatility in the global oil market continues to drive uncertainty in fuel prices. Speaking on Joy FM’s Top Story on...
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TOR Boss Hails Mahama, Jinapor for Leading Refinery’s Revival
The Managing Director of the Tema Oil Refinery (TOR), Edmund Kombat, has expressed profound gratitude to President John Dramani Mahama and the Minister of Energy and Green Transition, Dr. John Abdulai Jinapor, for their leadership and support towards the restoration of the state-owned refinery. Mr. Kombat said TOR remained indebted to President Mahama and Dr....
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GNPC, OCTP Partners Deepen Coastal Community Engagement Ahead of New Drilling Campaign
As preparations advance for the next phase of drilling in the Offshore Cape Three Points (OCTP) Block, the Ghana National Petroleum Corporation (GNPC) and its partners have reaffirmed their commitment to sustained dialogue with coastal communities to support safe, responsible, and uninterrupted petroleum operations. Working alongside operator Eni Ghana, GNPC participated in a series of...
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Government Reaffirms Commitment to Financially Strong, Customer-Focused ECG
The government has reaffirmed its commitment to transforming the Electricity Company of Ghana (ECG) into a financially sustainable, efficient and customer-focused electricity distribution company. Deputy Minister of Energy and Green Transition, Richard Gyan-Mensah, made the commitment on behalf of the sector Minister, Dr John Abdulai Jinapor, when he addressed the 28th Annual General Meeting of...
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Ghana Gas Records 97% Rise in Net Profit as Jinapor Urges Focus on Energy Security
The Minister for Energy and Green Transition, Dr John Abdulai Jinapor, has commended Ghana National Gas Company Limited (Ghana Gas) for its strong financial and operational performance in 2025, urging the company to sustain its focus on reliability, infrastructure expansion and long-term growth. Dr Jinapor made the remarks when he addressed the 8th Annual General...