Ghana’s renewed push to expand domestic petroleum refining is increasingly becoming a question of how the country manages risk across its entire downstream system, rather than simply how much refining capacity it can build. The reopening of the Tema Oil Refinery (TOR), plans to expand its capacity, rising output from private refining facilities and efforts...
Category: Energy
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COMAC wants fuel taxes frozen to ease pressure on consumers
The Chamber of Oil Marketing Companies (COMAC) is calling for a freeze on fuel taxes and levies as government continues to subsidise diesel amid rising global oil prices. Chief Executive Officer of COMAC, Dr Riverson Oppong, says reducing the tax burden could provide a more sustainable way of cushioning consumers from rising fuel prices. He...
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Guyana’s oil reserves drop below 11B barrels – Exxon says as company continues to spend on exploration, appraisal
(Kaieteur News) – Guyana’s oil reserves have dropped below the 11 billion barrel estimate, ExxonMobil Guyana Limited (EMGL) reported this week. The company in a productiodn report highlighted the unprecedented development in Guyana, moving from a “world-class” discovery just over a decade ago, to first oil only five years later which has evolved into one...
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𝐂𝐎𝐌𝐀𝐂 𝐒𝐓𝐑𝐄𝐍𝐆𝐓𝐇𝐄𝐍𝐒 𝐂𝐎𝐋𝐋𝐀𝐁𝐎𝐑𝐀𝐓𝐈𝐎𝐍 𝐖𝐈𝐓𝐇 𝐂𝐈𝐕𝐈𝐋 𝐒𝐎𝐂𝐈𝐄𝐓𝐘 𝐎𝐑𝐆𝐀𝐍𝐈𝐒𝐀𝐓𝐈𝐎𝐍𝐒 (𝐂𝐒𝐎𝐬)
The Chamber of Oil Marketing Companies (COMAC) recently convened a strategic engagement with Civil Society Organizations (CSOs) at its Secretariat to discuss issues of mutual interest and explore opportunities for deeper collaboration within Ghana’s downstream petroleum sector. The engagement provided a platform for open dialogue on key sectoral challenges and opportunities, with participants sharing perspectives...
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COMAC Engages Desert Oil Limited to Strengthen Industry Collaboration
The Chamber of Oil Marketing Companies (COMAC) has continued its membership engagement initiative with a working visit to Desert Oil Limited at the company’s office in Achimota, Accra. The engagement brought together a COMAC delegation comprising Mohammed (Mo) Issah, Susana Eyiah, Akua Boateng and Golda Anyama Frimpong-Tenkorang, alongside the management team of Desert Oil Limited,...
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COMAC Trains Journalists on Petroleum Pricing, Downstream Operations
The Chamber of Oil Marketing Companies (COMAC), has organised a training programme for journalists to deepen their understanding of Ghana’s petroleum downstream industry. The one-day programme brought together energy reporters, newscasters and editors and focused on key issues including petroleum pricing, the regulatory framework and operations of the downstream petroleum sector. The training also examined...
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PRESEC-Legon Pays Courtesy Call on GOIL After NSMQ 2026 Victory
The 2026 National Science and Maths Quiz (NSMQ) champions, Presbyterian Boys’ Secondary School (PRESEC-Legon), have paid a courtesy call on GOIL PLC following their victory in this year’s competition. The champions were received by the Chief Operating Officer of GOIL PLC, Dr Marcus Deo Dake, and other members of Management at the Company’s premises. The...
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Government Moves To Contain October Diesel Price Surge
Government has introduced a temporary package of measures to limit the increase in diesel prices expected at the start of the October pricing window, with the National Petroleum Authority (NPA) indicating that pump prices should remain below GH¢20 per litre. The intervention follows an emergency meeting between government and key stakeholders in the petroleum downstream...
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Adebola Unveils Composite Power Strategy to Drive Industrialisation in Oyo
IBADAN, Oyo State — The 2027 governorship candidate of the Nigeria Democratic Congress (NDC) in Oyo State, Hon. Akim Adebola Yusuf, has outlined plans for a diversified electricity-generation system combining hydropower, solar energy and other generation sources to improve power supply and reduce electricity costs across the state. Adebola, who has a 25-year banking background,...
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Zambia Energy Regulators Undertake Technical Study Visit to Ghana’s NPA
The National Petroleum Authority (NPA) has hosted an eight-member delegation from Zambia’s energy regulatory sector as part of a technical study visit aimed at examining Ghana’s downstream petroleum regulatory systems and best practices. The visit provided an opportunity for the Zambian delegation to gain insights into Ghana’s experience in petroleum regulation, including fuel pricing, product...