The fiscal justification for the GH¢1 per liter levy on petrol and diesel, introduced in the heat of the 2025 mid-year window, has evaporated. While the Minister of Finance argued in June 2025 that a drastic decline in global prices meant consumers could “assist” the government by paying an extra levy, the reality of March...
Category: Energy
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PHDC Prioritises Safety As It Organises Fire Training For Management and Staff
The Petroleum Hub Development Corporation organised a fire prevention and safety training for its staff on Friday, March 13, 2026, as part of ongoing efforts to strengthen workplace safety and operational preparedness. Facilitated by ADO I. Shem Agbetor of the Ghana National Fire Service, the training aimed to equip employees with essential knowledge and practical...
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Gov’t to ban gas cylinder importation – Energy Minister
OThe Minister of Energy and Green Transition, Dr John Jinapor, has told Parliament that the government intends to “eventually” ban the importation of gas cylinders into the country.He said once the ban was in place, the ministry would insist that all cylinders and canisters be procured locally. To achieve that, he said the ministry was...
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Chevron Reiterates Commitment to Development of the Niger Delta
Chevron Nigeria Limited (“CNL”), operator of the joint venture between the Nigerian National petroleum Company Limited (NNPCL) and CNL confirms its commitment to socio-economic development in the Niger Delta. CNL has demonstrated interest in stakeholder discussions in respect of the proposed Escravos to Warri Road Project and continues to partner with the Niger Delta Development...
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NPA Sets New Fuel Price Floors for March Second Pricing Window
The National Petroleum Authority (NPA) has announced new fuel price floors that are expected to push petroleum product prices higher across the country during the second pricing window of March. The revised minimum price thresholds will take effect from March 16 to March 31, setting new benchmark prices for petrol, diesel and liquefied petroleum gas...
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PHDC Marks International Women’s Day with Seminar to Empower Female Staff
The Petroleum Hub Development Corporation (PHDC) has organized a three-day seminar to empower women within the corporation as part of activities to commemorate International Women’s Day 2026.The seminar, held under the theme “Give to Gain,” brought together female staff of the corporation for mentorship, knowledge sharing, and discussions on leadership and professional developmentThe event featured...
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Mahama Commissions Sahara LPG Vessel to Boost Ghana’s Energy Infrastructure
President John Dramani Mahama has commissioned the Sahara LPG Vessel as part of his visit to South Korea, describing the development as a significant step toward strengthening Ghana’s energy infrastructure and advancing the country’s transition to cleaner energy sources. Speaking at the commissioning ceremony, the President noted that the event represented more than a symbolic...
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NPA Assures Public of Stable Fuel Supply Amid Global Energy Market Concerns
The National Petroleum Authority (NPA) has assured the public that Ghana’s fuel market remains stable and adequately supplied despite growing concerns about developments in the global energy market. The reassurance follows increasing public commentary about the potential impact of global oil price fluctuations and rising geopolitical tensions in the Middle East on fuel supply and...
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COMAC ENGAGES WESTOL PETROLEUM LTD(NOVA)
As part of its ongoing membership engagement initiative, (COMAC) recently met with the leadership of Westol Petroleum Ltd (NOVA) to discuss key operational and regulatory challenges affecting Ghana’s downstream petroleum sector.The meeting, held at Westol head office, was led by Mr. Kwasi Zigah, Managing Director of Westol Petroleum Limited, supported by Mr. Seth Clottey, Finance...
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Global oil crises a wake-up call for Ghana – PHDC Deputy CEO urges Petroleum Hub fast-track
The Deputy Chief Executive Officer for Operations and Technical at the Petroleum Hub Development Corporation, Onasis Kobby Rosely, has said.Ghana must accelerate the development of its Petroleum Hub project to safeguard its energy future and reduce reliance on foreign supplies.Speaking on Okay FM, Mr Rosely highlighted current global geopolitical tensions, including the ongoing conflict in...