How Ghana Has Spent Its Oil Wealth Since 2011 — Fourteen Years OnFourteen years after the first barrels of oil flowed from the Jubilee Field, Ghana’s petroleum story remains one of promise and underwhelming returns. Despite earning an estimated $11.58 billion from crude production since 2011, the sweeping transformation many anticipated has yet to materialize.The...
Category: Energy
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APPO Ministers Reaffirm Commitment to Africa Energy Bank at 48th Ordinary Session in Brazzaville Republic of Congo.
November 5, 2025 The African Petroleum Producers’ Organization (APPO) has renewed its commitment to the establishment of the Africa Energy Bank (AEB) following the conclusion of its 48th Ordinary Session of the Ministerial Council, held on November 4, 2025, in Brazzaville under the High Patronage of His Excellency Denis Sassou Nguesso, President of the Republic...
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A Culture of Impunity: Why ECG’s Reform Must Begin with Dismissals and Transfers at the Top
The recent scrutiny faced by the Electricity Company of Ghana (ECG) before the nation’s Public Accounts Committee has cast a harsh light on a persistent and deeply troubling issue of systematic overspending of public funds and frivolous procurements. While the staggering financial figures rightly provoke public anger, a more insidious narrative that lies beneath the...
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𝗧𝗲𝗰𝗵𝗻𝗼𝗹𝗼𝗴𝘆 𝗶𝘀 𝗿𝗲𝘀𝗵𝗮𝗽𝗶𝗻𝗴 𝘁𝗵𝗲 𝗴𝗹𝗼𝗯𝗮𝗹 𝗲𝗻𝗲𝗿𝗴𝘆 𝗹𝗮𝗻𝗱𝘀𝗰𝗮𝗽𝗲, 𝗮𝗻𝗱 𝗔𝗳𝗿𝗶𝗰𝗮 𝗺𝘂𝘀𝘁 𝗻𝗼𝘁 𝗯𝗲 𝗹𝗲𝗳𝘁 𝗯𝗲𝗵𝗶𝗻𝗱.
At the OTL Downstream Development in Africa Ltd. 2025 Energy Week in Lagos Nigeria, the CEO of the Chamber of Bulk Oil Distributors Dr. Patrick Ofori advocated technology, digitization, and AI as key to making energy more accessible, efficient, and sustainable across the continent. He called on African governments to invest in modern energy technologies...
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Energy Minister Reaffirms Commitment to Revitalising Ghana’s Upstream Petroleum Sector -LCCE 2025
The Minister of Energy and Green Transition, John Jinapor, has reaffirmed government’s commitment to revamping Ghana’s upstream petroleum sector, pledging bold reforms to attract investment and boost local participation.Speaking at the opening of the 2025 Local Content Conference and Exhibition in Takoradi, the Western Regional capital, Mr. Jinapor said despite recent challenges including a 32...
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US becomes first country to export 10 million tonnes of LNG in single month
The U.S. has become the first country to export 10 million metric tonnes (mmt) of liquefied natural gas in a single month, according to preliminary data from financial firm LSEG. The U.S. exported a record 10.1 mmt of the liquid fuel in October, up from a revised figure of 9.1 mmt in September, LSEG data...
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Energy commission deepens engagement with stakeholders to strengthen energy sector
As part of its stakeholder engagement drive under the newly inaugurated Board, the Energy Commission held a high-level meeting with Chief Executives of Independent Power Producers (IPPs) at the NZEB in Accra on 29th October 2025 to enhance cooperation and address key industry concerns. The Board Chairman, Prof. John Gartchie Gatsi, reaffirmed the Commission’s commitment...
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COMAC Warns High LPG Taxes Could Fuel Deforestation Across West Africa
The Ghana Chamber of Oil Marketing Companies (COMAC) has cautioned that excessive taxes on Liquefied Petroleum Gas (LPG) are undermining efforts to promote clean energy and protect forests across West Africa. The Chamber says the growing tax burden is forcing millions of low-income households to revert to charcoal and firewood for cooking, accelerating deforestation and...
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West Africa needs cross-border LPG strategy to drive clean energy — COMAC Chairman
The Chamber of Oil Marketing Companies (COMAC) is calling for a regional approach to LPG supply and pricing to ensure that all West African countries benefit from emerging energy infrastructure, including Nigeria’s Dangote Refinery.Speaking at the just-ended OTL Africa Downstream Energy Week in Lagos, COMAC Chairman Gabriel Kumi said the success of the Dangote Refinery...
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IMF’s Ghana Rep. Describes IPPs Debt Restructuring as Crucial Reset for Energy Sector
The International Monetary Fund (IMF) has described Ghana’s renegotiation of legacy arrears owed to Independent Power Producers (IPPs) as a major turning point for the country’s energy sector, signalling renewed investor confidence and improved financial discipline. For years, Ghana’s power sector had been burdened by more than US$2.5 billion in arrears to IPPs, a situation...