The Chairman of the Public Interest and Accountability Committee (PIAC), Richard Ellimah, has called for stronger safeguards, broader stakeholder engagement and enhanced transparency as debate intensifies over government plans for Ghana Heritage Fund access. Speaking at a Technical Roundtable on proposed amendments to the petroleum revenue management framework, Mr. Ellimah emphasised that decisions surrounding the...
Category: Energy
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Beyond the Pump: The Hidden Financial Forces Shaping Ghana’s Downstream Petroleum Market
Ghana’s downstream petroleum sector often appears simple from a distance. The assumption is straightforward: import refined fuel, set prices and sell at the pump.In reality, however, the Ghana downstream petroleum sector is shaped by far more complex forces that determine who thrives, who struggles and who quietly exits the market.Beneath the visible competition of fuel...
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PHDC: Petroleum Hub Lot One to Create Over 30,000 Jobs for Ghanaians
The Chief Executive Officer of the Petroleum Hub Development Corporation (PHDC), Toni Aubynn, has announced that Lot One of the Petroleum Hub project is expected to generate employment for more than 30,000 Ghanaians.Speaking in an interview, Dr Aubynn revealed that significant job opportunities will emerge during both the construction phase and the early operational stages...
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Energy Minister Dr. John Jinapor Receives SMRP International Leadership Award
The Minister for Energy and Green Transition, Dr John Abdulai Jinapor, has been honoured with the prestigious International Leadership Award by the Society for Maintenance and Reliability Professionals (SMRP), in recognition of his transformative leadership within the energy sector. The award, presented by the SMRP Caribbean Chapter, acknowledges Dr. Jinapor’s commitment to strengthening maintenance culture,...
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WebSys Introduces Renewable Energy ERP to Power Ghana’s Clean Energy Growth
Ghana’s renewable energy sector is entering a new stage of expansion, marked by growing private sector participation in solar PV systems, mini-grids, hybrid solutions, battery storage and commercial rooftop installations. As investments increase, so does the operational complexity required to manage projects efficiently and sustainably.While public discourse often centres on megawatts generated and climate targets...
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Eni Makes Major Gas Discovery Offshore Ivory Coast
Eni has made a major natural gas and condensate discovery offshore the Ivory Coast in Africa, in part of what is estimated to be the second largest discovery in the country after Baleine, the Italian energy major said on Monday. Eni has focused on exploration offshore Africa in recent years as it looks to boost...
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Renewable Energy Integration Now Central to Africa’s Mineral Competitiveness – Dr. Theophilus Acheampong
Dr. Theophilus Acheampong, a prominent petroleum economist and political risk analyst, has asserted that the integration of renewable energy into Africa’s extractive sector is no longer a peripheral environmental ambition but a core economic imperative for industrial competitiveness.The transition to clean energy serves as the primary catalyst for unlocking the continent’s minerals value chain, offering...
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Azule Energy makes 500-MMbbl offshore oil discovery in Angola Block
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,...
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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...