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,...
Category: Energy
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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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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...
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BOST Energies Names Nat Salifu Acheampong as Deputy Managing Director
BOST Energies has appointed Mr. Nat Salifu Acheampong as its new Deputy Managing Director.His appointment comes on the back of the reassignment of the former Deputy Managing Director, Ms. Adwoa Sarwaa Bondzie, who has been elevated to serve as Acting Executive Secretary of the Energy Commission Mr. Acheampong has been with BOST Energies for over...
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Strong CIT Inflows Signal Ghana’s Petroleum Sector Profitability-Ben Nsiah
The addition of more than US$200 million in Corporate Income Tax (CIT) and accrued interest to Ghana’s Petroleum Fund has been described as a significant boost to the country’s oil revenue at a time when crude oil earnings are under pressure.Benjamin Nsiah, Executive Director of the Centre for Environmental Management and Sustainable Energy (CEMSE), says...
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Kosmos Energy Reaffirms Long-Term Commitment To Ghana’s Oil Growth
The Chief Executive Officer of Kosmos Energy, Andrew G. Inglis, has reaffirmed the company’s long-term commitment to Ghana’s upstream petroleum sector following a high-level meeting with President John Dramani Mahama. According to Inglis, discussions centered on boosting crude production, strengthening operational efficiency, and creating sustainable economic value through continued collaboration.“We spoke about our shared commitment...
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Puma Energy, Hass Petroleum Partner to Distribute Lubricants in DRC
Puma Energy, a leading downstream energy company, has entered into a lubricant distribution partnership with Hass Petroleum Group to expand its footprint into the Democratic Republic of Congo (DRC). The agreement, signed at the Investing in African Mining Indaba conference in Cape Town, marks the first time Puma Energy’s lubricant brand will be introduced into...
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Bulk Customers Push for Lower Tariffs, Better Service in Electricity Market Reform at Energy Commission Stakeholder Engagement.
Ghana’s largest industrial and commercial electricity consumers are calling for urgent tariff reforms and improved service reliability, warning that current power costs are eroding their competitiveness. Chaired by Mr. Samuel Kwadwo Sarpong, Chairman of the Electricity Market Oversight Panel (EMOP), and Mr. Anthony C. Bleboo, Director for Electricity and Natural Gas at the Energy Commission,...
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Foreign Affairs Ministry, Nuclear Power Ghana Strengthen Collaboration on Energy Diplomacy
Nuclear Power Ghana (NPG) has briefed the Deputy Minister for Foreign Affairs, James Gyakye Quayson, on ongoing efforts to advance Ghana’s nuclear energy programme for peaceful and civilian purposes. The engagement took place on Wednesday, February 11, 2026, when a delegation led by NPG’s Executive Director, Dr. Stephen Yamoah, paid a courtesy call on the...