The Parliamentary Select Committee on Economy and Development has commended the National Petroleum Authority (NPA) for its impressive work in regulating Ghana’s downstream petroleum sector. The Chairperson of the Parliamentary Committee on Economy and Development, Hon Eric Afful, who gave the commendation said the NPA was crucial to Ghana’s economy in terms of keeping the...
Category: Energy
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Ghana Hosts 60th APUA Meetings to Push Continental Power Integration
Ghana has become the centre of Africa’s electricity integration agenda this week as power utility leaders, regulators and energy experts from across the continent converge in Accra for the 60th Annual General Meetings of the Association of Power Utilities of Africa (APUA), a gathering that could shape the next phase of regional electricity market development...
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Ghana’s Nuclear Ambitions Gather Pace as Africa Eyes SMRs
Africa’s next chapter in electricity generation may not be written by sprawling conventional nuclear plants but by a new generation of compact reactors designed for countries with smaller power grids, a development that could significantly reshape Ghana’s long-term energy strategy as the country pushes to diversify its electricity mix and strengthen energy security.Across the continent,...
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Energy Minister Pushes Financing Agenda for Africa’s Energy Future
Africa’s energy transition will continue to lag behind its enormous resource potential unless governments, financiers and development institutions fundamentally rethink how energy projects are financed, Energy and Green Transition Minister Dr. John Abdulai Jinapor has warned. Addressing the Stellenbosch Business School Alumni Association Thought Leadership Forum in Accra, the Minister argued that financing, not resource...
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SPE Board of Directors Convenes in Nairobi to Advance Global Energy Agenda
SPE Board of Directors Convenes in Nairobi to Advance Global Energy AgendaNairobi, Kenya – The Society of Petroleum Engineers (SPE) Board of Directors convened in Nairobi, Kenya, marking a significant milestone in a week of high-level engagements focused on advancing Africa’s role in the global energy sector. The meeting brought together regional and international leaders...
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Ghana’s Petroleum Funds close first half of 2026 with US$1.64b
Ghana’s Petroleum Funds closed the first half of 2026 with a combined balance of US$1.64 billion, according to the Bank of Ghana’s report on the funds for the period ended June 30, 2026. The report shows that the Ghana Petroleum Funds received total allocations of US$197.13 million during the first half of the year.Citinewsroom –...
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ASEC welcomes 2026 Mid-Year Budget but urges stronger focus on green transition
The Africa Sustainable Energy Centre (ASEC) has welcomed several energy sector interventions announced in the 2026 Mid-Year Budget Review but has urged the government to adopt a more balanced approach that aligns with Ghana’s long-term energy transition and climate goals.In a statement, ASEC said the government’s commitment to strengthening the energy sector has the potential...
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Fuel Retailers Break Pricing Cycle as US$100 Oil Rekindles Inflation Fears
Ghana’s downstream petroleum market is beginning to show renewed signs of stress, after major Oil Marketing Companies moved to raise pump prices ahead of the official bi-weekly pricing window, signalling that global oil pressures are beginning to outpace the industry’s normal pricing rhythm. The early price adjustments mark an important shift in market behaviour. In...
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Traditional Leaders Laud Gold Fields Ghana Foundation’s Multi-Million-Dollar Road
Projects Traditional leaders and municipal authorities have commended the Gold Fields Ghana Foundation for its significant investment in road infrastructure, describing the projects as transformative interventions that will improve livelihoods and accelerate socio-economic development across host communities.The commendation came during a joint inspection by the Foundation’s Board of Trustees of two major road construction projects...
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PETROSOL secures approval to raise capital on GSEPETROSOL
Platinum Energy PLC has announced plans to raise long-term capital through the Ghana Stock Exchange after receiving approval from the Ghana Stock Exchange and the Securities and Exchange Commission, positioning the indigenous energy company for its next phase of expansion. The announcement was made by the Chief Executive Officer of PETROSOL Platinum Energy PLC, Michael...