The Executive Secretary of the Chamber of Petroleum Consumers (COPEC), Duncan Amoah, has criticised what he describes as the unfair treatment of Star Oil Limited following the company’s advocacy for fuel price reductions during peak periods.It argues that the episode exposes fundamental weaknesses in Ghana’s petroleum pricing framework. Speaking on Citi FM on Wednesday, January...
Category: Energy
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GNPC and Petrobras Commence Strategic Technical Engagement to Enhance Upstream Cooperation
The Ghana National Petroleum Corporation (GNPC) has embarked on a high-level, weeklong technical engagement with a delegation from Brazil’s national oil company, Petrobras. Spanning January 19 – 23, 2026, the visit represents a pivotal step toward deepening bilateral cooperation and fostering technical synergy between the two entities.The engagement commenced at GNPC’s Research & Technology Centre...
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Energy Minister Engages ACBF on Capacity Building and Energy Transition
The Minister of Energy and Green Transition, Mr John Jinapor, has held talks with the African Capacity Building Foundation (ACBF) to explore areas of collaboration aimed at strengthening capacity in Ghana’s energy sector. ACBF, a specialised agency of the African Union with a membership of more than 40 countries, is one of Africa’s leading institutions...
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Japan restarts world’s biggest nuclear plant
The world’s biggest nuclear power plant was restarted on Wednesday for the first time since the 2011 Fukushima disaster, its Japanese operator said, despite persistent safety concerns among residents.The plant was “started at 19:02” (1002 GMT), Tokyo Electric Power Company spokesman Tatsuya Matoba told AFP of the Kashiwazaki-Kariwa plant in Niigata prefecture.The regional governor approved...
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NPA Executive Committee Retreat Begins, Focuses on Improving Performance in 2026
The Executive Committee (EXCO) of the National Petroleum Authority (NPA) has commenced a strategic retreat aimed at reviewing the Authority’s performance in 2025 and outlining key activities and priorities for 2026.The meeting brings together heads of the various directorates to assess achievements over the past year and align on strategies to enhance operational efficiency and...
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Energy Analyst back calls for removal of floor pricing in Ghana’s downstream petroleum industry
Energy Analyst and Executive Director of the Centre for Environmental Management and Sustainable Energy (CEMSE), Benjamin Nsiah has backed calls by some oil marketing companies for the removal of the floor price policy. The policy was introduced by the National Petroleum Authority to set price ceiling for downstream oil marketing companies as a protective measure....
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Rosatom Unveils High-Efficiency Russian-Made Inverter Prototype for Solar Power Plants
Rosatom has unveiled a new Russian-made inverter prototype for solar power plants, marking a significant step in the country’s clean energy and technology development efforts.The inverter was developed by Parus Electro LLC, a subsidiary within Rosatom’s Automatic Process Control Systems and Electrical Engineering Division. It is designed to convert direct current generated by solar panels...
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Energy Minister Engages TOR Management on 2025 Performance, 2026 Priorities
The Minister for Energy and Green Transition, John Jinapor, has held a strategic engagement with the management of the Tema Oil Refinery (TOR) to review the refinery’s performance in 2025 and outline key priorities for 2026 and beyond. The meeting served as a platform to assess progress made over the past year and to align...
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NPA pushes back on proposals to scrap Fuel Price Floor Policy
The National Petroleum Authority (NPA) has pushed back against calls to remove the Fuel Price Floor Programme, insisting the policy remains necessary due to persistent unfair pricing practices in the downstream petroleum sector. According to the Authority, the market conditions that compelled the introduction of the price floor have not changed. It argues that pricing...
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Dangote signs $350 million deal with Indian firm EIL to expand Lagos refinery
Dangote Group has signed a $350 million deal with Indian engineering firm EIL to expand its flagship refinery and petrochemicals complex in Lagos, a move set to boost Nigeria’s industrial capacity and reduce Africa’s reliance on imported refined fuels.State-owned Engineers India Ltd (EIL) said on Saturday that it has renewed a $350 million contract with...